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

South Korea · Delayed Price · Currency is KRW

9,310.00

+10.00 (0.11%)

At close: Sep 28, 2026

Changhae Ethanol Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	14,482	6,706	6,447	3,686	3,750	5,002
Short-Term Investments	-	-	-	640	-	0
Cash & Short-Term Investments	14,482	6,706	6,447	4,326	3,750	5,002
Cash Growth	657.08%	4.02%	49.02%	15.36%	-25.02%	-16.28%
Accounts Receivable	25,597	25,415	23,946	24,473	23,632	22,738
Other Receivables	2,834	1,035	505.97	584.61	564.36	1,020
Receivables	34,153	31,855	29,870	30,427	29,944	29,436
Inventory	12,972	21,048	23,309	28,239	24,955	15,373
Prepaid Expenses	177.62	397.65	58.39	71.61	62.06	46.84
Other Current Assets	5,061	4,193	7,275	8,597	3,404	2,498
Total Current Assets	66,846	64,201	66,960	71,661	62,115	52,355
Property, Plant & Equipment	43,424	45,502	39,510	38,664	38,818	40,660
Long-Term Investments	30,450	28,753	27,482	24,816	37,180	35,893
Goodwill	-	46,921	46,921	46,921	46,921	51,118
Other Intangible Assets	47,224	303.22	303.76	303.04	305.85	310.3
Long-Term Deferred Tax Assets	408.2	408.2	730.09	517.11	306.42	1,236
Other Long-Term Assets	8,233	8,504	8,182	8,589	9,439	8,448
Total Assets	196,585	194,591	190,088	191,471	195,085	190,020

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	8,788	7,929	3,311	7,892	9,807	4,021
Accrued Expenses	682.16	613.51	578.39	926.33	746.07	385.47
Short-Term Debt	27,938	28,939	36,717	41,496	41,422	38,403
Current Portion of Long-Term Debt	4,000	4,129	1,866	1,375	1,281	1,281
Current Portion of Leases	428.64	651.03	626.66	627.29	278.04	331.7
Current Income Taxes Payable	1,717	1,730	2,298	2,343	639.2	1,700
Other Current Liabilities	4,132	4,257	3,773	6,318	2,574	3,073
Total Current Liabilities	47,686	48,248	49,169	60,978	56,748	49,196
Long-Term Debt	-	-	4,129	2,124	2,858	2,790
Long-Term Leases	121.13	191.69	291.19	232.59	114.84	95.31
Pension & Post-Retirement Benefits	-	-	-	-	-	171.39
Long-Term Deferred Tax Liabilities	529.71	217.14	-	-	86.58	-
Other Long-Term Liabilities	298.94	283.72	0	-	-	0
Total Liabilities	48,635	48,941	53,590	63,334	59,807	52,253

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	4,595	4,595	4,595	4,595	4,595	4,595
Additional Paid-In Capital	16,735	16,735	16,735	16,556	16,573	16,573
Retained Earnings	135,448	133,175	124,421	116,510	124,152	127,895
Treasury Stock	-12,981	-12,981	-12,981	-12,981	-12,981	-12,981
Comprehensive Income & Other	935.05	877.46	305.15	-38.81	-384.61	-1,408
Total Common Equity	144,733	142,402	133,076	124,642	131,955	134,675
Minority Interest	3,217	3,249	3,423	3,495	3,323	3,092
Shareholders' Equity	147,949	145,651	136,499	128,137	135,278	137,767
Total Liabilities & Equity	196,585	194,591	190,088	191,471	195,085	190,020

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	32,488	33,911	43,629	45,855	45,955	42,902
Net Cash (Debt)	-18,006	-27,204	-37,182	-41,529	-42,204	-37,900
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2373.55	-3585.50	-4900.57	-5473.43	-5562.46	-4995.13
Filing Date Shares Outstanding	7.59	7.59	7.59	7.59	7.59	7.59
Total Common Shares Outstanding	7.59	7.59	7.59	7.59	7.59	7.59
Working Capital	19,160	15,952	17,790	10,684	5,368	3,159
Book Value Per Share	19075.54	18768.31	17539.19	16427.57	17391.40	17749.97
Tangible Book Value	97,509	95,178	85,852	77,418	84,728	83,247
Tangible Book Value Per Share	12851.56	12544.30	11315.11	10203.59	11167.05	10971.87
Land	-	9,399	9,399	9,399	9,399	9,361
Buildings	-	13,143	19,186	18,844	18,347	18,085
Machinery	-	30,289	83,619	85,941	82,712	80,771
Construction In Progress	-	51.78	560.41	336.42	183.38	9.36