MSC Co., Ltd. Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	48,116	31,922	10,253	7,822	23,250
Short-Term Investments	-	-	5,000	15,000	-
Cash & Short-Term Investments	48,116	31,922	15,253	22,822	23,250
Cash Growth	50.73%	109.27%	-33.16%	-1.84%	182.84%
Accounts Receivable	24,401	28,188	26,390	31,265	23,657
Other Receivables	623.05	642.93	430.51	1,545	96.36
Receivables	25,038	28,874	26,821	32,810	23,753
Inventory	67,983	64,116	66,072	63,584	45,156
Prepaid Expenses	213.03	221.54	286.07	219.08	342.96
Other Current Assets	2,715	3,972	5,669	4,871	483.02
Total Current Assets	144,065	129,105	114,101	124,305	92,985
Property, Plant & Equipment	94,504	92,269	71,429	53,710	56,298
Long-Term Investments	7,275	7,261	6,816	5,994	6,099
Other Intangible Assets	1,608	1,660	2,122	2,274	2,273
Long-Term Accounts Receivable	-	-	-	-0	10.89
Long-Term Deferred Tax Assets	2,839	2,218	1,847	1,723	2,154
Other Long-Term Assets	26,773	26,832	26,919	24,065	24,808
Total Assets	277,193	259,494	223,374	212,206	184,760
Accounts Payable	8,677	9,887	7,368	9,777	9,548
Accrued Expenses	4,722	4,629	3,642	3,280	3,017
Short-Term Debt	51,528	54,166	41,796	47,472	36,259
Current Portion of Leases	306.71	271.08	266.02	183.71	200.84
Current Income Taxes Payable	3,434	2,972	2,622	3,254	3,292
Current Unearned Revenue	158.32	11.62	5.94	7.46	233
Other Current Liabilities	8,518	8,286	8,793	7,577	7,268
Total Current Liabilities	77,344	80,222	64,492	71,551	59,818
Long-Term Leases	808.28	748.86	671.71	168.81	134.17
Long-Term Unearned Revenue	19.55	10.81	2.4	6.65	6.74
Pension & Post-Retirement Benefits	8,828	8,014	6,965	6,497	8,279
Other Long-Term Liabilities	985.35	923.04	883.26	834.75	803.16
Total Liabilities	87,985	89,919	73,014	79,059	69,041
Common Stock	8,800	8,800	8,800	8,800	8,800
Retained Earnings	178,341	158,718	139,631	122,378	104,573
Comprehensive Income & Other	2,067	2,056	1,928	1,970	2,346
Shareholders' Equity	189,208	169,575	150,360	133,147	115,719
Total Liabilities & Equity	277,193	259,494	223,374	212,206	184,760
Total Debt	52,643	55,186	42,734	47,825	36,594
Net Cash (Debt)	-4,527	-23,264	-27,480	-25,003	-13,343
Net Cash Per Share	-257.16	-1322.27	-1561.37	-1420.63	-758.15
Filing Date Shares Outstanding	17.62	17.6	17.6	17.6	17.6
Total Common Shares Outstanding	17.62	17.6	17.6	17.6	17.6
Working Capital	66,721	48,883	49,608	52,754	33,167
Book Value Per Share	10740.68	9634.92	8543.17	7565.18	6574.93
Tangible Book Value	187,600	167,915	148,238	130,873	113,446
Tangible Book Value Per Share	10649.39	9540.63	8422.60	7435.98	6445.79
Land	49,835	49,764	29,358	14,052	14,052
Buildings	58,908	58,050	55,374	50,885	52,016
Machinery	110,467	108,192	103,444	101,769	99,450
Construction In Progress	7,352	2,664	3,235	3,806	3,836

Source: S&P Global Market Intelligence. Standard template. Financial Sources.