QNAP Systems Balance Sheet

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	1,179	1,367	1,289	996.65
Short-Term Investments	161.14	10.5	35.9	4.85
Trading Asset Securities	22.55	398.62	1.88	114.09
Cash & Short-Term Investments	1,363	1,776	1,326	1,116
Cash Growth	-	33.93%	18.89%	-
Accounts Receivable	723.56	777.58	947.85	848.83
Other Receivables	-	0.41	0.66	0.2
Receivables	723.56	777.99	948.51	849.04
Inventory	1,161	1,026	900.2	891.66
Other Current Assets	297.12	198.25	163.14	142.52
Total Current Assets	3,637	3,778	3,338	2,999
Property, Plant & Equipment	2,476	2,548	3,000	2,837
Long-Term Investments	1,071	1,237	2,153	1,849
Other Intangible Assets	18.41	22.14	16.9	23.01
Long-Term Deferred Tax Assets	208.9	212.16	146.12	283.06
Other Long-Term Assets	321.49	357.43	2,411	2,345
Total Assets	7,732	8,156	11,064	10,336
Accounts Payable	625.89	598.51	461.35	334.58
Current Portion of Leases	23.21	17.6	12.06	16.4
Current Income Taxes Payable	241.63	255.74	309.57	485.79
Current Unearned Revenue	78.87	106.77	161.5	157.34
Other Current Liabilities	764.51	1,095	1,077	777.71
Total Current Liabilities	1,940	2,074	2,022	1,772
Long-Term Leases	39.79	41.22	33.93	46
Long-Term Deferred Tax Liabilities	89.33	92.51	93.6	85.86
Other Long-Term Liabilities	5.91	15.37	14.01	12.26
Total Liabilities	2,075	2,223	2,163	1,916
Common Stock	300.05	300.05	1,391	1,391
Additional Paid-In Capital	599.28	399.19	2.86	-
Retained Earnings	4,740	5,008	7,046	6,886
Treasury Stock	-	-	-29.01	-21.39
Comprehensive Income & Other	17.06	225.38	490.29	164.67
Total Common Equity	5,657	5,933	8,901	8,420
Minority Interest	-	-	-	-0.7
Shareholders' Equity	5,657	5,933	8,901	8,420
Total Liabilities & Equity	7,732	8,156	11,064	10,336
Total Debt	268.94	58.82	45.99	62.4
Net Cash (Debt)	1,094	1,717	1,280	1,053
Net Cash Growth	-	34.15%	21.57%	-
Net Cash Per Share	33.00	23.68	43.87	36.78
Filing Date Shares Outstanding	30.01	30.01	27.75	27.77
Total Common Shares Outstanding	30.01	30.01	27.75	27.77
Working Capital	1,697	1,704	1,317	1,227
Book Value Per Share	188.52	197.72	320.75	303.20
Tangible Book Value	5,638	5,911	8,884	8,397
Tangible Book Value Per Share	187.91	196.99	320.14	302.38
Land	1,094	1,113	1,231	1,094
Buildings	1,475	1,442	1,871	1,786
Machinery	740.37	757.63	738.13	668.96
Construction In Progress	16.68	73.32	1.31	4.51
Leasehold Improvements	96.65	94.78	94.78	92.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.