Polaris Office Corp. (KOSDAQ:041020)

Polaris Office Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	111,016	99,243	62,707	10,577	8,881	14,685
Short-Term Investments	14,203	17,201	43,022	10,105	20	40
Trading Asset Securities	35,738	48,974	47,765	-	-	-
Cash & Short-Term Investments	160,957	165,418	153,495	20,682	8,901	14,725
Cash Growth	1.02%	7.77%	642.16%	132.35%	-39.55%	153.88%
Accounts Receivable	58,353	55,665	31,980	3,288	3,295	2,346
Other Receivables	-	1,715	1,843	70.94	32.83	310.65
Receivables	58,353	60,794	34,169	3,533	3,645	2,791
Inventory	65,058	59,084	26,100	-	-	-
Prepaid Expenses	-	1,298	1,178	408.51	279.48	275.92
Other Current Assets	12,028	6,772	4,785	2,168	3,509	7,049
Total Current Assets	296,396	293,366	219,727	26,792	16,335	24,841
Property, Plant & Equipment	125,257	129,321	70,666	5,298	919.41	794.5
Long-Term Investments	39,613	30,529	4,792	39,633	32,933	20,667
Goodwill	56,603	33,860	2,028	2,028	2,028	2,028
Other Intangible Assets	18,175	18,726	12,419	985.23	945.25	1,141
Long-Term Accounts Receivable	-	454.41	-	-	-	-
Long-Term Deferred Tax Assets	8,916	5,707	676.33	-	-	-
Other Long-Term Assets	84,499	6,289	7,027	799.2	236.18	534.5
Total Assets	629,460	519,766	317,633	75,681	53,483	50,112
Accounts Payable	-	23,334	16,677	-	-	-
Accrued Expenses	-	8,169	3,907	1,482	1,089	1,605
Short-Term Debt	28,242	19,880	13,815	1,140	7,070	9,702
Current Portion of Leases	1,413	1,127	636.1	490.56	207.7	226.89
Current Income Taxes Payable	2,461	1,840	2,839	-	-	-
Current Unearned Revenue	-	21.53	-	1.58	-	-
Other Current Liabilities	53,787	13,457	11,853	4,888	4,617	5,949
Total Current Liabilities	85,902	67,829	49,726	8,003	12,983	17,483
Long-Term Debt	30,000	-	-	176.33	-	-
Long-Term Leases	-	3,096	2,229	2,627	25.53	21.71
Pension & Post-Retirement Benefits	-	-	-	13.86	0.64	215.91
Long-Term Deferred Tax Liabilities	12,400	13,261	8,151	-	-	-
Other Long-Term Liabilities	4,344	1,520	411.98	461.65	0	0
Total Liabilities	132,647	85,706	60,519	11,282	13,010	17,720
Common Stock	24,863	24,863	24,863	23,745	20,335	18,732
Additional Paid-In Capital	49,892	54,295	38,926	37,805	34,170	32,537
Retained Earnings	32,306	29,355	22,499	1,455	-12,026	-14,409
Treasury Stock	-18,341	-18,341	-18,341	-307.33	-307.33	-307.33
Comprehensive Income & Other	-892.97	-1,152	-3,116	782.43	-1,001	-3,475
Total Common Equity	87,827	89,019	64,830	63,480	41,171	33,076
Minority Interest	408,986	345,041	192,284	919.8	-698.15	-684.48
Shareholders' Equity	496,813	434,060	257,114	64,400	40,473	32,392
Total Liabilities & Equity	629,460	519,766	317,633	75,681	53,483	50,112
Total Debt	59,654	24,103	16,681	4,434	7,303	9,950
Net Cash (Debt)	101,302	141,315	136,814	16,249	1,598	4,775
Net Cash Growth	-26.09%	3.29%	742.01%	916.78%	-66.53%	-13.79%
Net Cash Per Share	2028.41	2844.29	2758.72	337.46	41.52	127.59
Filing Date Shares Outstanding	49.82	48	49.68	47.45	40.63	37.42
Total Common Shares Outstanding	49.82	48	48	47.45	40.63	37.42
Working Capital	210,494	225,537	170,000	18,789	3,351	7,358
Book Value Per Share	1762.71	1854.44	1350.54	1337.87	1013.35	883.89
Tangible Book Value	13,048	36,433	50,383	60,467	38,198	29,907
Tangible Book Value Per Share	261.88	758.97	1049.58	1274.37	940.17	799.20
Machinery	-	-	-	690.35	665.85	276.71

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