Changhae Ethanol Co., Ltd. (KOSDAQ: 004650)

Changhae Ethanol Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	7,689	3,686	3,750	5,002	5,974	6,781
Short-Term Investments	1,280	640	-	0	-	-
Cash & Short-Term Investments	8,969	4,326	3,750	5,002	5,974	6,781
Cash Growth	130.59%	15.36%	-25.02%	-16.28%	-11.89%	-54.24%
Accounts Receivable	21,893	24,473	23,632	22,738	23,038	21,050
Other Receivables	428.99	584.61	564.36	1,020	1,252	957.81
Receivables	27,822	30,427	29,944	29,436	30,233	27,818
Inventory	21,869	28,239	24,955	15,373	15,427	12,759
Prepaid Expenses	84.86	71.61	62.06	46.84	269.86	98.37
Other Current Assets	7,001	8,597	3,404	2,498	2,721	2,670
Total Current Assets	65,745	71,661	62,115	52,355	54,626	50,127
Property, Plant & Equipment	38,466	38,664	38,818	40,660	41,187	42,911
Long-Term Investments	25,200	24,816	37,180	35,893	38,539	38,950
Goodwill	46,921	46,921	46,921	51,118	51,118	51,118
Other Intangible Assets	304.3	303.04	305.85	310.3	439.75	451.31
Long-Term Deferred Tax Assets	514.18	517.11	306.42	1,236	758.89	324.87
Other Long-Term Assets	8,612	8,589	9,439	8,448	9,081	9,145
Total Assets	185,762	191,471	195,085	190,020	195,750	193,043
Accounts Payable	5,370	7,892	9,807	4,021	5,179	3,821
Accrued Expenses	639.59	926.33	746.07	385.47	521.65	746.7
Short-Term Debt	29,838	41,496	41,422	38,403	43,801	46,788
Current Portion of Long-Term Debt	2,725	1,375	1,281	1,281	1,281	1,512
Current Portion of Leases	520.83	627.29	278.04	331.7	94.35	186.91
Current Income Taxes Payable	2,693	2,343	639.2	1,700	3,102	2,342
Other Current Liabilities	4,055	6,318	2,574	3,073	3,600	4,618
Total Current Liabilities	45,842	60,978	56,748	49,196	57,579	60,014
Long-Term Debt	4,774	2,124	2,858	2,790	4,071	5,353
Long-Term Leases	123.98	232.59	114.84	95.31	23.06	311.72
Long-Term Deferred Tax Liabilities	-	-	86.58	-	-	214.94
Other Long-Term Liabilities	-	-	-	0	-	-
Total Liabilities	50,740	63,334	59,807	52,253	61,993	66,241
Common Stock	4,595	4,595	4,595	4,595	4,595	4,595
Additional Paid-In Capital	16,582	16,556	16,573	16,573	16,573	13,584
Retained Earnings	123,475	116,510	124,152	127,895	122,711	117,684
Treasury Stock	-12,981	-12,981	-12,981	-12,981	-12,981	-11,508
Comprehensive Income & Other	-119.23	-38.81	-384.61	-1,408	-2.08	-1.79
Total Common Equity	131,552	124,642	131,955	134,675	130,896	124,354
Minority Interest	3,470	3,495	3,323	3,092	2,861	2,448
Shareholders' Equity	135,022	128,137	135,278	137,767	133,757	126,802
Total Liabilities & Equity	185,762	191,471	195,085	190,020	195,750	193,043
Total Debt	37,982	45,855	45,955	42,902	49,271	54,151
Net Cash (Debt)	-29,013	-41,529	-42,204	-37,900	-43,296	-47,370
Net Cash Per Share	-3822.63	-5473.43	-5562.46	-4995.13	-5679.15	-6042.03
Filing Date Shares Outstanding	3.7	7.59	7.59	7.59	7.59	7.74
Total Common Shares Outstanding	3.7	7.59	7.59	7.59	7.59	7.74
Working Capital	19,904	10,684	5,368	3,159	-2,953	-9,887
Book Value Per Share	35594.86	16427.57	17391.40	17749.97	17251.93	16076.17
Tangible Book Value	84,327	77,418	84,728	83,247	79,339	72,785
Tangible Book Value Per Share	22816.93	10203.59	11167.05	10971.87	10456.77	9409.49
Land	-	9,399	9,399	9,361	9,361	9,361
Buildings	-	18,844	18,347	18,085	17,864	17,093
Machinery	-	85,941	82,712	80,771	77,717	76,339
Construction In Progress	-	336.42	183.38	9.36	53.52	-

Source: S&P Capital IQ. Standard template. Financial Sources.