Senda Announces Information on Its Consolidated Financial Report for May 2026

Key facts

  • Senda Announces Information on Its Consolidated Financial Report for May 2026
  • Senda Electronics Co., Ltd. has disclosed key receivables data from its May 2026 consolidated financial report, including balances, overdue amounts, and recovery status. The company is pursuing arbitration against Chinese counterparties and confirms no material impact on operations.
  • Source: PR Times
  • Date: June 17, 2026

Direct answer

Senda Electronics Co., Ltd. has disclosed key receivables data from its May 2026 consolidated financial report, including balances, overdue amounts, and recovery status. The company is pursuing arbitration against Chinese counterparties and confirms no material impact on operations.

Citation
Senda Announces Information on Its Consolidated Financial Report for May 2026 (June 17, 2026), PR Times
Source
PR Times
Date
June 17, 2026
Senda Electronics Co., Ltd. has disclosed key receivables data from its May 2026 consolidated financial report, including balances, overdue amounts, and recovery status. The company is pursuing arbitration against Chinese counterparties and confirms no material impact on operations.

📋 Article Processing Timeline

  • 📰 Published: June 17, 2026 at 09:00
  • 🔍 Collected: June 18, 2026 at 17:00 (32h 0m after Published)
  • 🤖 AI Analyzed: June 19, 2026 at 19:06 (26h 6m after Collected)
1. Date of Event: June 17, 2026
2. Company Name: Senda Electronics Co., Ltd.
3. Relationship to Company (Please enter '本公司' or 'Subsidiary'):本公司 (本公司)
4. Cross-shareholding Ratio: Not applicable
5. Reason for Disclosure: In accordance with Circular No. 1061805510 issued by the Taiwan Stock Exchange Corporation, the company is required to disclose by the end of each month information regarding other receivables balances as of the end of the previous month, their proportion to total assets and equity, amounts not yet overdue and already overdue, and amounts recovered during the previous month, based on its consolidated financial statements.

Item As of May 31, 2026 (Unit: NT$ Thousands)
Other Receivables Balance 203,577
Other Receivables Balance as % of Total Assets 6.28%
Other Receivables Balance as % of Equity 15.66%
Other Receivables Not Yet Overdue 36,454
Other Receivables Already Overdue 167,123
Amount Recovered from May 1 to May 31, 2026 3,321

6. Mitigation Measures: Please refer to the details under 'Other Matters to be Disclosed'.
7. Other Matters to be Disclosed (If the subject of the event or resolution is a publicly issued company or above, this significant information also qualifies as a matter under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act that may have a material impact on shareholders' rights or securities prices):
a. As of May 31, 2026, the amount of bad debt loss already provided for the aforementioned other receivables on the books is NT$167,123 thousand.
b. Credit Protection Measures: The company has engaged professional legal counsel to file an arbitration application with the South China International Economic and Trade Arbitration Commission. The arbitration outcome will determine whether the company can recover the other receivables amounting to US$4,458,769 from China Putian Information Industry Group and Putian International Trading. The company will make every effort to safeguard the interests of itself and its shareholders.
c. The company's available funds are sufficient to meet its operational needs, and there is no material impact on its financial condition or business operations.
d. The company has received notification from the Shenzhen International Arbitration Court that the arbitration decision deadline has been extended to June 30, 2026.

FAQ

What is the breakdown of Senda's other receivables?

As of May 31, 2026, total other receivables were NT$203.6 million, with NT$167.1 million overdue and related to China Putian.

What is the current status of the arbitration?

The Shenzhen International Arbitration Court is reviewing the case, with the decision deadline extended to June 30, 2026.

How will this affect Senda's financial performance?

The full amount has been written off as bad debt; the company confirms no material impact on liquidity or operations.

What was the business relationship with China Putian?

They were a trading partner in the telecommunications equipment sector, and the receivables arose from such transactions.

What are the next steps?

Awaiting arbitration outcome while strengthening internal controls to mitigate future credit risks.