HLB innoVation 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 2022	FY 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Cash & Equivalents	31,840	31,744	5,566	4,891	4,081
Short-Term Investments	-	13,817	6,745	3,499	3,730
Trading Asset Securities	-	-	-	0.18	0.44
Cash & Short-Term Investments	31,840	45,561	12,311	8,390	7,811
Cash Growth	-30.11%	270.09%	46.74%	7.40%	58.17%
Accounts Receivable	4,965	2,954	6,804	7,233	6,767
Other Receivables	65.14	254.22	200.81	226.34	225.01
Receivables	5,030	3,209	7,005	7,659	7,482
Inventory	8,603	5,572	6,540	5,363	8,451
Prepaid Expenses	1,664	304.27	24.86	66.71	18.08
Other Current Assets	194.62	871.75	836.89	199.8	11.97
Total Current Assets	47,332	55,517	26,718	21,678	23,775
Property, Plant & Equipment	23,460	24,687	8,512	9,227	8,585
Long-Term Investments	16,530	1,887	25.33	104	106.18
Goodwill	150,501	154,625	-	-	-
Other Intangible Assets	28,650	29,461	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	38.5
Other Long-Term Assets	2,237	1,122	2,102	2,047	1,931
Total Assets	268,750	268,011	38,018	33,516	34,435
Accounts Payable	3,177	1,755	3,615	5,385	4,240
Accrued Expenses	4,515	3,370	804.45	455.5	511.29
Short-Term Debt	33,880	2,636	8,236	4,484	4,896
Current Portion of Long-Term Debt	-	-	125	250	250
Current Portion of Leases	1,093	983.91	559.02	629.6	626.37
Current Income Taxes Payable	-	-	0.71	7.49	5.01
Other Current Liabilities	3,506	4,809	436.91	462.26	487.17
Total Current Liabilities	46,170	13,554	13,777	11,674	11,016
Long-Term Debt	-	-	1,000	1,125	375
Long-Term Leases	1,259	2,474	3,970	1,749	14.3
Pension & Post-Retirement Benefits	-	-	4,273	4,027	3,716
Other Long-Term Liabilities	0	-	-	-	-0
Total Liabilities	47,430	16,028	23,021	18,575	15,120
Common Stock	72,268	72,152	20,287	20,008	20,008
Additional Paid-In Capital	111,597	154,888	23,693	22,974	22,974
Retained Earnings	16,429	-11,204	-42,704	-41,663	-37,789
Treasury Stock	-15.69	-15.69	-15.69	-15.69	-15.69
Comprehensive Income & Other	10,223	29,679	13,736	13,638	14,137
Total Common Equity	210,502	245,500	14,997	14,941	19,315
Minority Interest	10,819	6,483	-	-	-
Shareholders' Equity	221,320	251,983	14,997	14,941	19,315
Total Liabilities & Equity	268,750	268,011	38,018	33,516	34,435
Total Debt	36,232	6,094	13,890	8,237	6,161
Net Cash (Debt)	-4,391	39,467	-1,579	152.62	1,650
Net Cash Growth	-	-	-	-90.75%	7745.55%
Net Cash Per Share	-30.67	461.24	-38.97	3.81	39.29
Filing Date Shares Outstanding	141.98	144.3	40.57	40.01	40.01
Total Common Shares Outstanding	141.98	144.3	40.57	40.01	40.01
Working Capital	1,162	41,963	12,941	10,004	12,759
Book Value Per Share	1482.64	1701.35	369.68	373.44	482.75
Tangible Book Value	31,351	61,414	14,997	14,941	19,315
Tangible Book Value Per Share	220.81	425.61	369.68	373.44	482.75
Land	11,325	11,325	25.1	25.1	25.1
Buildings	6,849	6,849	10,450	11,363	12,627
Machinery	18,276	17,373	37,592	39,546	41,189
Construction In Progress	20.62	81	34.3	-	39.41

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.