Tae Kwang Corporation (KOSDAQ: 023160)

Tae Kwang 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	39,473	30,873	47,228	42,139	54,833	12,965
Short-Term Investments	28,307	35,736	28,789	6,731	7,232	20,001
Trading Asset Securities	46,317	45,944	30,551	5,738	1,116	1,835
Cash & Short-Term Investments	114,098	112,553	106,568	54,608	63,181	34,802
Cash Growth	-2.98%	5.62%	95.15%	-13.57%	81.55%	-49.98%
Accounts Receivable	56,187	60,679	68,493	54,172	50,411	72,963
Other Receivables	3,798	4,167	4,225	2,272	1,797	4,385
Receivables	60,253	65,132	73,423	56,825	55,595	82,406
Inventory	117,995	124,327	130,243	122,175	133,092	166,137
Prepaid Expenses	931.53	744.79	516.68	373.46	49.79	46.74
Other Current Assets	1,766	757.83	1,957	577.95	10,183	67.54
Total Current Assets	295,044	303,515	312,708	234,559	262,101	283,459
Property, Plant & Equipment	184,891	180,121	166,012	165,300	177,510	168,928
Long-Term Investments	88,737	61,386	35,597	29,657	16,785	20,553
Goodwill	26,281	26,102	26,102	26,102	-	-
Other Intangible Assets	14,112	14,806	15,737	16,629	1,345	1,322
Long-Term Accounts Receivable	-	-	-	-	0	-
Other Long-Term Assets	42,752	39,543	37,276	32,823	4,038	2,397
Total Assets	652,441	626,295	593,995	505,186	461,779	478,659
Accounts Payable	12,762	8,198	20,605	8,719	4,708	10,060
Accrued Expenses	5,243	4,593	4,521	4,331	3,733	3,956
Short-Term Debt	-	-	-	-	10,000	-
Current Portion of Long-Term Debt	-	-	-	1,000	-	-
Current Portion of Leases	1,153	1,034	917.78	850.22	419.57	437.24
Current Income Taxes Payable	4,377	8,008	8,869	2,991	1,109	2,159
Other Current Liabilities	10,552	12,185	17,566	10,835	9,169	12,642
Total Current Liabilities	34,087	34,018	52,478	28,727	29,139	29,254
Long-Term Debt	-	-	-	5,000	-	-
Long-Term Leases	1,702	1,789	1,494	1,031	706.48	779.87
Long-Term Deferred Tax Liabilities	6,534	5,395	5,591	5,218	1,255	5,652
Other Long-Term Liabilities	10,221	9,702	10,199	9,766	2,668	2,294
Total Liabilities	52,544	50,904	69,762	52,106	37,378	44,667
Common Stock	13,250	13,250	13,250	13,250	13,250	13,250
Additional Paid-In Capital	44,303	44,277	44,320	34,376	34,376	34,376
Retained Earnings	513,477	484,376	435,294	401,286	388,969	394,848
Treasury Stock	-11,223	-11,223	-11,223	-11,223	-11,223	-11,223
Comprehensive Income & Other	-2,713	-1,888	-1,552	-1,555	-3,914	-3,193
Total Common Equity	557,094	528,792	480,089	436,134	421,457	428,057
Minority Interest	42,803	46,599	44,144	16,947	2,943	5,934
Shareholders' Equity	599,897	575,391	524,233	453,081	424,400	433,992
Total Liabilities & Equity	652,441	626,295	593,995	505,186	461,779	478,659
Total Debt	2,855	2,824	2,412	7,881	11,126	1,217
Net Cash (Debt)	111,243	109,729	104,156	46,727	52,055	33,584
Net Cash Growth	-3.10%	5.35%	122.91%	-10.24%	55.00%	-51.73%
Net Cash Per Share	4300.53	4242.02	4026.57	1806.41	2012.38	1298.34
Filing Date Shares Outstanding	25.87	25.87	25.87	25.87	25.87	25.87
Total Common Shares Outstanding	25.87	25.87	25.87	25.87	25.87	25.87
Working Capital	260,958	269,497	260,230	205,832	232,962	254,205
Book Value Per Share	21536.67	20442.55	18559.74	16860.46	16293.09	16548.23
Tangible Book Value	516,701	487,885	438,251	393,403	420,113	426,735
Tangible Book Value Per Share	19975.13	18861.11	16942.30	15208.53	16241.11	16497.11
Land	109,946	109,946	109,149	109,149	121,890	121,890
Buildings	44,655	44,395	41,366	41,064	32,306	29,679
Machinery	122,867	109,553	102,543	96,655	83,578	69,234
Construction In Progress	4,948	9,681	517.31	676.03	8,794	12,993

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