Daewon Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	74,096	79,175	83,911	61,736	118,964	136,342
Short-Term Investments	8,087	5,449	4,400	11,159	22,093	24,949
Trading Asset Securities	2,000	2,000	2,000	2,500	5,301	-
Cash & Short-Term Investments	84,182	86,623	90,311	75,394	146,358	161,291
Cash Growth	-7.54%	-4.08%	19.79%	-48.49%	-9.26%	34.88%
Accounts Receivable	36,026	40,043	44,531	27,426	43,550	29,966
Other Receivables	10,871	19,776	15,380	5,386	6,923	10,662
Receivables	50,895	60,023	67,414	71,121	62,623	47,638
Inventory	156,623	163,970	63,109	106,424	165,333	208,337
Prepaid Expenses	3,023	1,827	3,662	3,257	1,262	2,761
Other Current Assets	130,336	117,853	186,039	125,680	68,806	21,615
Total Current Assets	425,059	430,296	410,535	381,875	444,382	441,643
Property, Plant & Equipment	20,932	20,671	24,881	20,722	22,511	27,219
Long-Term Investments	21,286	6,463	4,239	12,596	11,473	29,489
Goodwill	-	-	15.36	744.21	757.5	2,563
Other Intangible Assets	471.34	518.44	749.3	1,013	1,179	1,411
Long-Term Accounts Receivable	3.34	3.37	3.43	3.46	3.37	3.22
Long-Term Deferred Tax Assets	27,648	27,843	26,772	23,770	6,493	1,591
Other Long-Term Assets	31,830	22,731	13,426	42,938	49,157	30,597
Total Assets	528,283	509,463	481,272	486,533	539,386	541,736
Accounts Payable	14,545	10,894	17,365	33,517	9,350	9,141
Accrued Expenses	279.63	379.72	1,325	858.67	590.85	490.02
Short-Term Debt	36,327	39,421	58,547	45,749	40,853	41,451
Current Portion of Long-Term Debt	1,264	1,260	22,199	392.73	8,835	3,436
Current Portion of Leases	478.48	439.16	417.76	541.12	959.29	1,193
Current Income Taxes Payable	209.41	1.33	4,081	1,205	8,170	5,600
Current Unearned Revenue	709.53	479.99	5,568	13,537	48,104	60,977
Other Current Liabilities	14,289	11,236	14,391	15,453	12,289	22,562
Total Current Liabilities	68,103	64,111	123,893	111,253	129,151	144,848
Long-Term Debt	140,126	130,591	32,051	36,200	3,504	9,085
Long-Term Leases	318.02	397	638.11	633.52	929.11	2,351
Long-Term Unearned Revenue	529.23	282.46	4.81	8.46	11.08	-
Pension & Post-Retirement Benefits	2,485	2,412	3,785	4,078	1,904	2,993
Long-Term Deferred Tax Liabilities	-	-	-	5,508	5,559	8,321
Other Long-Term Liabilities	35,758	32,382	32,909	29,315	35,234	28,559
Total Liabilities	247,320	230,175	193,281	186,996	176,293	196,157
Common Stock	6,723	6,723	6,723	6,723	6,723	6,723
Additional Paid-In Capital	43,070	43,070	43,070	43,070	43,358	42,264
Retained Earnings	223,266	223,410	231,865	228,919	291,638	275,182
Treasury Stock	-997.14	-989.26	-	-	-	-1,661
Comprehensive Income & Other	7,619	5,844	4,977	2,033	2,466	402.25
Total Common Equity	279,681	278,058	286,635	280,746	344,185	322,911
Minority Interest	1,283	1,230	1,356	18,791	18,908	22,667
Shareholders' Equity	280,964	279,288	287,991	299,537	363,093	345,578
Total Liabilities & Equity	528,283	509,463	481,272	486,533	539,386	541,736
Total Debt	178,514	172,108	113,853	83,516	55,080	57,516
Net Cash (Debt)	-94,332	-85,485	-23,542	-8,122	91,277	103,775
Net Cash Growth	-	-	-	-	-12.04%	386.03%
Net Cash Per Share	-7063.32	-6383.08	-1749.87	-604.04	6367.57	7174.40
Filing Date Shares Outstanding	13.23	13.23	13.45	13.45	13.45	13.29
Total Common Shares Outstanding	13.23	13.23	13.45	13.45	13.45	13.29
Working Capital	356,956	366,185	286,642	270,622	315,231	296,794
Book Value Per Share	21137.15	21022.00	21316.77	20878.76	25596.67	24303.72
Tangible Book Value	279,210	277,539	285,871	278,989	342,249	318,937
Tangible Book Value Per Share	21101.53	20982.80	21259.90	20748.10	25452.67	24004.64
Land	6,973	6,973	9,822	9,822	10,007	12,323
Buildings	13,440	13,775	14,035	13,681	13,901	14,315
Machinery	5,019	8,425	10,331	10,176	10,200	10,120
Construction In Progress	-	-	274.07	-	-	126.67