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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	28,422	30,873	47,228	42,139	54,833	12,965
Short-Term Investments	28,490	35,736	28,789	6,731	7,232	20,001
Trading Asset Securities	61,408	45,944	30,551	5,738	1,116	1,835
Cash & Short-Term Investments	118,320	112,553	106,568	54,608	63,181	34,802
Cash Growth	20.61%	5.62%	95.15%	-13.57%	81.55%	-49.98%
Accounts Receivable	55,815	60,679	68,493	54,172	50,411	72,963
Other Receivables	4,070	4,167	4,225	2,272	1,797	4,385
Receivables	60,003	65,132	73,423	56,825	55,595	82,406
Inventory	117,078	124,327	130,243	122,175	133,092	166,137
Prepaid Expenses	891.02	744.79	516.68	373.46	49.79	46.74
Other Current Assets	833.22	757.83	1,957	577.95	10,183	67.54
Total Current Assets	297,125	303,515	312,708	234,559	262,101	283,459
Property, Plant & Equipment	184,368	180,121	166,012	165,300	177,510	168,928
Long-Term Investments	78,473	61,386	35,597	29,657	16,785	20,553
Goodwill	26,281	26,102	26,102	26,102	-	-
Other Intangible Assets	14,342	14,806	15,737	16,629	1,345	1,322
Long-Term Accounts Receivable	-	-	-	-	0	-
Other Long-Term Assets	43,384	39,543	37,276	32,823	4,038	2,397
Total Assets	644,745	626,295	593,995	505,186	461,779	478,659
Accounts Payable	10,287	8,198	20,605	8,719	4,708	10,060
Accrued Expenses	3,713	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	1,225	1,034	917.78	850.22	419.57	437.24
Current Income Taxes Payable	5,474	8,008	8,869	2,991	1,109	2,159
Other Current Liabilities	12,255	12,185	17,566	10,835	9,169	12,642
Total Current Liabilities	32,954	34,018	52,478	28,727	29,139	29,254
Long-Term Debt	-	-	-	5,000	-	-
Long-Term Leases	1,879	1,789	1,494	1,031	706.48	779.87
Long-Term Deferred Tax Liabilities	6,683	5,395	5,591	5,218	1,255	5,652
Other Long-Term Liabilities	10,298	9,702	10,199	9,766	2,668	2,294
Total Liabilities	51,813	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	506,342	484,376	435,294	401,286	388,969	394,848
Treasury Stock	-11,223	-11,223	-11,223	-11,223	-11,223	-11,223
Comprensive Income & Other	-2,669	-1,888	-1,552	-1,555	-3,914	-3,193
Total Common Equity	550,003	528,792	480,089	436,134	421,457	428,057
Minority Interest	42,929	46,599	44,144	16,947	2,943	5,934
Shareholders' Equity	592,932	575,391	524,233	453,081	424,400	433,992
Total Liabilities & Equity	644,745	626,295	593,995	505,186	461,779	478,659
Total Debt	3,104	2,824	2,412	7,881	11,126	1,217
Net Cash (Debt)	115,216	109,729	104,156	46,727	52,055	33,584
Net Cash Growth	20.30%	5.35%	122.91%	-10.24%	55.00%	-51.73%
Net Cash Per Share	4454.34	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	264,171	269,497	260,230	205,832	232,962	254,205
Book Value Per Share	21262.54	20442.55	18559.74	16860.46	16293.09	16548.23
Tangible Book Value	509,381	487,885	438,251	393,403	420,113	426,735
Tangible Book Value Per Share	19692.12	18861.11	16942.30	15208.53	16241.11	16497.11
Land	109,946	109,946	109,149	109,149	121,890	121,890
Buildings	44,587	44,395	41,366	41,064	32,306	29,679
Machinery	112,151	109,553	102,543	96,655	83,578	69,234
Construction In Progress	13,501	9,681	517.31	676.03	8,794	12,993

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