Haesung Industrial Co., Ltd. (KOSDAQ:034810)

Haesung Industrial Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	109,389	217,793	122,425	83,633	43,119
Short-Term Investments	35,624	40,434	53,786	10,237	13,689
Trading Asset Securities	-	154.08	6,529	1,167	7,541
Cash & Short-Term Investments	145,013	258,381	182,740	95,038	64,349
Cash Growth	-43.88%	41.39%	92.28%	47.69%	705.56%
Accounts Receivable	514,043	504,823	521,248	468,571	202,945
Other Receivables	19,665	13,444	13,195	12,086	6,264
Receivables	533,749	518,275	534,453	480,672	209,262
Inventory	370,886	303,005	408,399	302,681	129,460
Prepaid Expenses	15,568	11,250	19,639	9,573	2,131
Other Current Assets	6,542	7,337	8,144	11,184	3,184
Total Current Assets	1,071,757	1,098,248	1,153,375	899,148	408,386
Property, Plant & Equipment	996,410	862,835	895,827	905,970	566,232
Long-Term Investments	25,404	27,128	28,005	12,209	56,437
Goodwill	34,997	35,038	45,224	37,674	27,899
Other Intangible Assets	179,424	187,790	212,273	231,301	21,032
Long-Term Accounts Receivable	3,449	4,143	4,787	2,508	1,392
Long-Term Deferred Tax Assets	46,369	58,171	37,558	27,358	19,470
Other Long-Term Assets	234,086	244,018	246,262	197,286	191,615
Total Assets	2,592,030	2,517,375	2,623,340	2,313,512	1,292,502
Accounts Payable	175,636	195,646	165,845	143,123	53,067
Accrued Expenses	39,193	48,233	67,928	49,484	11,758
Short-Term Debt	514,979	410,514	438,769	302,342	162,111
Current Portion of Long-Term Debt	72,590	50,051	86,420	52,272	10,803
Current Portion of Leases	3,935	3,704	3,679	3,426	2,313
Current Income Taxes Payable	8,877	10,898	39,944	18,393	3,488
Current Unearned Revenue	107.1	116.96	2,604	2,742	119.41
Other Current Liabilities	125,825	87,962	97,373	81,640	38,379
Total Current Liabilities	941,142	807,125	902,561	653,423	282,039
Long-Term Debt	144,928	183,632	141,249	179,654	204,161
Long-Term Leases	19,625	18,555	20,588	17,867	16,152
Long-Term Unearned Revenue	2,954	2,670	996.71	1,149	1,270
Long-Term Deferred Tax Liabilities	111,887	116,781	138,410	140,477	72,435
Other Long-Term Liabilities	17,283	13,730	15,475	18,334	14,614
Total Liabilities	1,244,042	1,151,024	1,232,637	1,031,221	610,808
Common Stock	16,973	16,973	13,678	13,678	9,059
Additional Paid-In Capital	363,933	363,929	267,004	267,004	167,037
Retained Earnings	447,983	452,320	491,786	464,015	418,131
Treasury Stock	-35,057	-35,054	-9,523	-9,523	-9,523
Comprehensive Income & Other	-50,138	-58,386	9,639	-3,133	18,742
Total Common Equity	743,693	739,782	772,585	732,042	603,447
Minority Interest	604,295	626,568	618,117	550,249	78,247
Shareholders' Equity	1,347,988	1,366,350	1,390,702	1,282,290	681,693
Total Liabilities & Equity	2,592,030	2,517,375	2,623,340	2,313,512	1,292,502
Total Debt	756,058	666,456	690,705	555,562	395,541
Net Cash (Debt)	-611,045	-408,075	-507,965	-460,524	-331,191
Net Cash Per Share	-19675.60	-13339.40	-19848.84	-18828.02	-23865.21
Filing Date Shares Outstanding	35.32	29.63	25.59	25.59	17.35
Total Common Shares Outstanding	35.32	29.63	25.59	25.59	17.35
Working Capital	130,615	291,123	250,813	245,725	126,346
Book Value Per Share	21054.96	24963.86	30188.93	28604.69	34772.10
Tangible Book Value	529,272	516,954	515,088	463,066	554,516
Tangible Book Value Per Share	14984.40	17444.56	20127.17	18094.41	31952.58
Land	394,333	393,490	400,165	400,612	263,752
Buildings	269,966	258,179	227,597	216,910	108,616
Machinery	782,059	699,637	710,912	676,852	303,613
Construction In Progress	164,818	65,160	41,898	22,426	52,848

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