Alpha Networks Inc.TWSE: 3380

2025 Q3 Consolidated BS, IS and CF (English Version)

· Issued by Alpha Networks Inc.
ALPHA NETWORKS INC. AND SUBSIDIARIES Consolidated Balance Sheet September 30, 2025, December 31 and September 30, 2024 (Expressed in thousands of New Taiwan dollars)

2025/9/30 2024/12/31 2024/9/30 2025/9/30 2024/12/31 2024/9/30

Assets

Amount % Amount % Amount %

Liabilities and Equity

Amount

%

Amount

%

Amount

%

Current assets :

Current liabilities :

Cash and cash equivalents

$ 4,785,937

20

$ 3,957,279

17

$ 5,237,215

22

Current borrowings

$ 3,056,826

13

$ 1,615,357

7

$ 2,218,618

10

Current financial assets at fair value

Current financial liabilities at fair value

through profit or loss

5,424

-

5,192

-

22,244

-

through profit or loss

10,563

-

23,758

-

2,827

-

Current financial assets at amortised

cost

12,628

-

73,355

-

-

-

Current contract liabilities

895,825

4

1,339,841

5

1,441,924

6

Accounts payable(including related

Notes and accounts receivable, net

4,448,111

19

3,969,144

17

3,575,575

15

parties)

4,008,683

18

3,460,727

15

3,855,439

16

Accounts receivable due from related

parties, net

20,614

-

1,568

-

645

-

Accrued expenses

430,956

2

549,804

2

415,637

2

Dividends payable, non-cash assets

Inventories

6,240,190

27

6,929,471

30

7,233,101

30

distributions

14,035

-

-

-

-

-

Other current assets

884,972 4 767,495 4 772,882 3

Current tax liabilities

81,398

-

187,745

1

299,856

1

16,397,876 70 15,703,504 68 16,841,662 70

Current provisions

229,815

1

231,771

1

244,913

1

Non-current assets :

Long-term borrowings, current portion

160,000

1

80,000

-

-

-

Non-current financial assets at fair

value through profit or loss

107,042

1

52,620

-

-

-

Other current liabilities, others

731,906

3

850,904

5

725,413

3

Non-current financial assets at fair

value through other comprehensive

income

70,796

-

110,711

-

142,600

-

9,620,007

42

8,339,907

36

9,204,627

39

Non-current financial assets at

amortised cost

194,633

1

214,057

1

188,886

1

Non-current liabilities :

Non-current portion of non-current

Property, plant and equipment

3,715,555

16

4,565,191

20

4,088,414

17

borrowings

540,000

2

375,000

2

575,000

2

Right-of-use assets

515,202

2

650,114

3

630,147

3

Non-current lease liabilities

283,041

1

287,479

1

278,485

1

Net defined benefit liability, non-

Investment property, net

554,730

2

-

-

-

-

current

53,123

-

55,398

-

84,952

-

Intangible assets

1,536,329

7

1,672,821

7

1,099,064

5

Other non-current liabilities

165,867

1

204,031

1

355,772

2

Deferred tax assets

238,964

1

234,268

1

499,205

2

1,042,031

4

921,908

4

1,294,209

5

Other non-current assets, others

34,174

-

41,230

-

454,250

2

Total liabilities

10,662,038

46

9,261,815

40

10,498,836

44

6,967,425

30

7,541,012

32

7,102,566

30

Equity :

Ordinary share 5,417,185

23

5,417,185

23

5,417,185

23

Capital surplus 2,352,883

10

2,614,277

11

2,614,302

11

Retained earnings :

Legal reserve

1,346,461

6

1,321,375

6

1,321,375

5

Special reserve

87,993

-

267,982

1

267,982

1

Unappropriated retained earnings

72,895

-

382,082

1

433,588

2

1,507,349

6

1,971,439

8

2,022,945

8

Other equity interest

(387,012)

(1)

(87,993)

-

(75,273)

-

Total equity attributable to owners

of parent

8,890,405

38

9,914,908

42

9,979,159

42

Non-controlling interests

3,812,858

16

4,067,793

18

3,466,233

14

Total equity

12,703,263

54

13,982,701

60

13,445,392

56

Total assets

$23,365,301 100 $23,244,516 100 $23,944,228 100

Total liabilities and equity

$ 23,365,301

100

$ 23,244,516

100

$ 23,944,228

100

ALPHA NETWORKS INC. AND SUBSIDIARIES Cons olidated Statements of Comprehens ive Income

For the three-month periods from July 1 to September 30, 2025 and 2024, and the nine-month periods from January 1 to September 30, 2025 and 2024

(Expressed in thousands of New Taiwan dollars, except for earnings per share)

2025/7/1~2025/9/30

2024/7/1~2024/9/30

2025/1/1~2025/9/30

2024/1/1~2024/9/30

Amount

%

Amount

%

Amount

%

Amount

%

$ 5,836,617

100

4,950,977

100

16,054,783

100

15,815,637

100

4,819,907

83

3,984,982

80

13,339,330

83

12,917,081

82

1,016,710

17

965,995

20

2,715,453

17

2,898,556

18

295,661

5

273,326

5

820,806

5

805,999

5

228,684

4

224,386

5

701,833

4

757,551

5

467,369

8

421,351

9

1,378,130

9

1,281,287

8

(969)

-

475

-

26,317

-

5,083

-

990,745

17

919,538

19

2,927,086

18

2,849,920

18

25,965

-

46,457

1

(211,633)

(1)

48,636

-

35,899

1

14,498

-

71,972

-

59,820

-

(3,042)

-

(65,911)

(1)

(89,447)

-

384,099

2

(45,070)

(1)

(36,080)

(1)

(106,288)

-

(111,927)

-

18,899

-

26,509

1

61,789

-

75,302

-

6,686

-

(60,984)

(1)

(61,974)

-

407,294

2

32,651

-

(14,527)

-

(273,607)

(1)

455,930

2

6,134

-

(6,176)

-

(53,247)

-

92,827

-

26,517

-

(8,351)

-

(220,360)

(1)

363,103

2

Operating revenue Operating costs

Gross profit from operations Operating expenses :

Selling expenses Administrative expenses

Research and development expenses

Impairment loss (impairment gain and reversal of impairment loss) determined in accordance with IFRS 9

Total operating expenses

Net operating income (loss)

Non-operating income and expenses :

Other income

Other gains and losses Finance costs

Interest income

Total non-operating income and expenses

Profit (loss) before tax Tax expenses

Profit (loss)

Other comprehensive income:

Components of other comprehensive income that will not be reclassified to profit or loss

Gains (losses) on remeasurements of defined benefit

plans - - - - 874 - 648 -

Unrealised gains (losses) from investments in equity instruments measured at fair value through other

comprehensive income 1,320 - (4,207) - (13,272) - (16,757) -

Income tax related to components of other comprehensive

income that will not be reclassified to profit or loss - - - - (83) - - -

Components of other comprehensive income that

will not be reclassified to profit or loss

1,320

-

(4,207)

-

(12,481)

-

(16,109)

-

Components of other comprehensive income that will

be reclassified to profit or loss

Exchange differences on translation

232,283

4

(54,047)

(1)

(350,885)

(2)

240,757

2

Toral Components of other comprehensive income

that will be reclassified to profit or loss

232,283

4

(54,047)

(1)

(350,885)

(2)

240,757

2

Other comprehensive income, net

233,603

4

(58,254)

(1)

(363,366)

(2)

224,648

2

Total comprehensive income

Profit (loss), attributable to:

260,120

4

(66,605)

(1)

(583,726)

(3)

587,751

4

Profit (loss), attributable to owners of parent

10,131

-

(28,037)

-

(200,616)

(1)

301,419

2

Profit (loss), attributable to non-controlling interests

16,386

-

19,686

-

(19,744)

-

61,684

-

Comprehensive income attributable to:

26,517

-

(8,351)

-

(220,360)

(1)

363,103

2

Comprehensive income, attributable to owners of

parent

209,930

3

(63,804)

(1)

(492,250)

(3)

495,076

3

Comprehensive income, attributable to non-controlling

interests

50,190

1

(2,801)

-

(91,476)

-

92,675

1

260,120

4

(66,605)

(1)

(583,726)

(3)

587,751

4

Earnings per share(in New Taiwan dollars)

Basic earnings per share

$

0.02

(0.05)

(0.37)

0.56

Diluted earnings per share

$ 0.02 (0.05) (0.37) 0.55

ALPHA NETWORKS INC. AND SUBSIDIARIES Cons olidated Statements of Cas h Flows For the nine-month periods from January 1 to September 30, 2025 and 2024 (Expressed in thousands of New Taiwan dollars)

2025/1/1~2025/9/30

2024/1/1~2024/9/30

Cash flows from (used in) operating activities:

Profit before tax

$ (273,607)

455,930

Adjustments

Adjustments to reconcile profit (loss)

Depreciation expenses

383,586

379,349

Amortization expenses

181,533

161,745

Expected credit loss

26,317

5,083

Net (gain) loss on financial assets or liabilities at fair value through profit or loss

4,750

(13,372)

Interest expense

106,288

111,927

Interest income

(61,789)

(75,302)

Dividend income

(251)

(304)

Loss (gain) on disposal of property, plant and equipment

(4,421)

2,635

Provision for inventory obsolescence and devaluation loss

(9,185)

41,889

Gain on disposal of non-current assets classified as held for sale

-

(453,891)

Oth er adjustments to reconcile profit (loss)

16,054

(15)

Total adjustments to reconcile profit (loss)

642,882

159,744

Changes in operating assets and liabilities:

Notes and accounts receivable (including related parties)

(445,262)

1,337,341

Financial assets mandatorily at fair value through profit or loss

290

30,309

Inventories

484,701

284,127

Other current assets

(108,723)

57,826

Financial liabilities held for trading

(23,758)

(778)

Accounts payable (including related parties)

665,056

(472,269)

Other payable to related parties

(3,269)

452

Other current liabilities

(738,435)

(417,712)

Net defined benefit liability

(1,484)

(19,643)

Other non-current liabilities

(16,246)

9,841

Total changes in operating assets and liabilities

(187,130)

809,494

Total adjustments

455,752

969,238

Cash flows generated from (used in) operations

182,145

1,425,168

Interest received

60,925

74,191

Dividends received

251

304

Interest paid

(100,945)

(118,272)

Income taxes paid

(19,005)

(235,952)

Net cash flows used in operating activities

123,371

1,145,439

Cash flows from (used in) investing activities

Proceeds from disposal of financial assets at fair value through other comprehensive income

26,643

31,974

Proceeds from repayments of financial assets at amortised cost

60,727

41,000

Acquisition of financial asset at fair value through profit or loss

(49,131)

-

Proceeds from disposal of subsidiaries

26,101

536,388

Acquisition of property, plant and equipment

(92,389)

(84,437)

Proceeds from disposal of property, plant and equipment

13,310

19,096

Decrease (Increase) in refundable deposits

13,574

(36,666)

Acquisition of intangible assets

(45,637)

(63,871)

Increase in other non-current assets

5,427

(111,795)

Net cash flows from (used in) investing activities

(41,375)

331,689

Cash flows from (used in) financing activities:

Increase in short-term loans

7,024,024

8,381,183

Decrease in short-term loans

(5,536,587)

(7,039,939)

Proceeds from long-term borrowings

245,000

25,000

Repayments of long-term borrowings

-

(150,000)

(Decrease) Increase in guarantee deposits received

(4)

496

Payments of lease liabilities

(34,215)

(27,843)

Cash dividends paid

(541,718)

(547,136)

Due to donation assets received

11

10

Cash dividends paid distributed to non-controlling

(185,584)

(202,037)

Net cash flows from (used in) financing activities

970,927

439,734

Effect of exchange rate changes on cash and cash equivalents

(224,265)

119,678

Net decrease in cash and cash equivalents

828,658

2,036,540

Cash and cash equivalents at beginning of period

3,957,279

3,200,675

Cash and cash equivalents at end of period

$ 4,785,937

5,237,215