M2N Co.,Ltd Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	2,665	1,617	4,830	11,245	9,142	8,789
Short-Term Investments	-	500	500	6,000	36,000	1,000
Trading Asset Securities	10,420	520.36	459.87	8,000	8,000	2,000
Cash & Short-Term Investments	13,086	2,637	5,790	25,245	53,142	11,789
Cash Growth	197.54%	-54.45%	-77.07%	-52.49%	350.78%	32.63%
Accounts Receivable	11,371	10,346	9,630	3,688	9,519	10,068
Other Receivables	936.57	1,254	779.34	99.29	707.92	249.53
Receivables	12,309	11,601	10,410	3,787	10,227	10,317
Inventory	14,416	14,052	12,787	5,269	4,694	2,802
Prepaid Expenses	-	36.88	34.76	10.01	-	-
Other Current Assets	784.83	434.12	457.06	109.35	2,402	392.01
Total Current Assets	40,595	28,761	29,479	34,421	70,464	25,300
Property, Plant & Equipment	29,965	30,191	29,757	7,192	11,878	12,945
Long-Term Investments	118,971	121,275	123,547	126,841	110,145	77,501
Goodwill	-	-	-	223.74	229.69	205.89
Other Intangible Assets	627.75	627.75	627.75	627.76	716.17	339.84
Long-Term Accounts Receivable	-	-	-	-	-0	-0
Long-Term Deferred Charges	487.68	380.1	-	-	-	-
Other Long-Term Assets	202.83	204.22	425.29	14,866	4,394	4,107
Total Assets	190,850	181,440	183,837	184,171	197,826	120,399
Accounts Payable	6,567	6,631	6,802	1,437	4,850	5,195
Accrued Expenses	1,655	1,499	1,355	655.03	-	-
Short-Term Debt	7,030	7,763	14,760	26,518	43,000	37,785
Current Portion of Long-Term Debt	-	-	-	900	-	300
Current Portion of Leases	130.11	216	151.17	34.5	20.66	42.04
Current Income Taxes Payable	67.75	39.19	-	-	-	-
Other Current Liabilities	1,794	1,456	1,580	9,517	6,281	2,001
Total Current Liabilities	17,244	17,605	24,648	39,061	54,152	45,323
Long-Term Debt	10,000	-	8,197	-	900	900
Long-Term Leases	201.06	231.07	207.31	63.33	55.29	22.23
Pension & Post-Retirement Benefits	2,124	1,993	1,075	574.78	1,464	1,508
Long-Term Deferred Tax Liabilities	6,739	6,753	5,884	3,996	-	7,773
Other Long-Term Liabilities	299.87	255.67	1,048	3	3	3
Total Liabilities	36,609	26,838	41,058	43,698	56,573	55,529
Common Stock	20,171	20,171	20,171	20,171	20,171	11,095
Additional Paid-In Capital	112,530	112,629	137,582	135,394	143,051	19,746
Retained Earnings	24,766	24,392	-3,492	-6,354	-22,245	35,963
Treasury Stock	-7,217	-7,217	-7,217	-7,217	-7,217	-7,217
Comprehensive Income & Other	-5,812	-4,953	-4,260	-4,109	3,583	1,930
Total Common Equity	144,439	145,022	142,784	137,885	137,343	61,517
Minority Interest	-15.68	-14.56	-5.49	2,588	3,909	3,353
Shareholders' Equity	154,241	154,602	142,779	140,473	141,253	64,870
Total Liabilities & Equity	190,850	181,440	183,837	184,171	197,826	120,399
Total Debt	17,361	8,210	23,315	27,516	43,976	39,049
Net Cash (Debt)	-4,276	-5,573	-17,525	-2,271	9,166	-27,260
Net Cash Per Share	-107.88	-140.80	-442.76	-57.37	297.25	-1078.43
Filing Date Shares Outstanding	39.58	39.58	39.58	39.58	39.58	25.73
Total Common Shares Outstanding	39.58	39.58	39.58	39.58	39.58	25.73
Working Capital	23,351	11,156	4,832	-4,640	16,313	-20,023
Book Value Per Share	3649.06	3663.79	3607.27	3483.49	3469.81	2391.31
Tangible Book Value	143,811	144,394	142,157	137,033	136,398	60,971
Tangible Book Value Per Share	3633.20	3647.93	3591.41	3461.98	3445.91	2370.10
Land	14,305	14,419	14,297	1,725	1,725	1,725
Buildings	10,838	10,927	10,753	3,907	3,907	4,429
Machinery	27,172	26,148	24,096	11,240	17,919	17,186
Construction In Progress	466.7	227.2	239.4	-	38.95	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.