Shinwha Intertek 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 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	10,856	10,527	9,151	11,749	10,741
Short-Term Investments	1,929	402.54	271.26	-	-
Trading Asset Securities	93.75	-	-	-	-
Cash & Short-Term Investments	12,878	10,930	9,423	11,749	10,741
Cash Growth	17.82%	16.00%	-19.80%	9.38%	50.22%
Accounts Receivable	24,487	30,156	18,598	19,932	23,019
Other Receivables	1,001	1,985	2,797	850.03	580.09
Receivables	25,488	32,141	21,395	20,782	23,599
Inventory	31,821	38,815	33,034	33,863	31,955
Prepaid Expenses	939.25	2,198	1,998	1,714	1,016
Other Current Assets	558.16	794.54	1,273	923.09	965.84
Total Current Assets	71,684	84,878	67,123	69,031	68,277
Property, Plant & Equipment	79,870	86,260	93,488	79,999	85,014
Long-Term Investments	8,941	9,068	9,902	10,618	11,795
Other Intangible Assets	434.24	602.54	1,950	2,017	2,047
Long-Term Accounts Receivable	-0	-0	0	-0	-0
Long-Term Deferred Tax Assets	6,668	7,016	7,540	7,433	5,473
Long-Term Deferred Charges	613.64	812.65	1,030	2,324	2,045
Other Long-Term Assets	536.69	594.48	732.14	1,399	645.06
Total Assets	168,748	189,232	181,765	172,821	175,296
Accounts Payable	12,091	20,648	20,208	18,479	19,518
Accrued Expenses	2,648	2,900	2,376	2,294	2,771
Short-Term Debt	34,500	50,600	42,900	41,715	34,600
Current Portion of Long-Term Debt	11,000	11,000	-	8,000	-
Current Portion of Leases	372.45	509.96	246.06	435.94	511.53
Current Income Taxes Payable	34.53	-	-	97.26	195.34
Current Unearned Revenue	-	-	-	-	27.3
Other Current Liabilities	9,801	8,660	11,929	9,309	7,203
Total Current Liabilities	70,446	94,318	77,659	80,330	64,826
Long-Term Debt	-	-	11,000	-	8,000
Long-Term Leases	319.38	364.1	46.48	66.35	357.04
Pension & Post-Retirement Benefits	276.77	205.51	1,507	-	1,642
Other Long-Term Liabilities	54	54	54	54	54
Total Liabilities	71,097	94,942	90,267	80,450	74,880
Common Stock	14,568	14,568	14,568	14,568	14,568
Additional Paid-In Capital	70,845	70,845	70,845	70,845	70,845
Retained Earnings	-5,544	-8,757	-9,902	7,513	15,395
Treasury Stock	-2,008	-2,008	-2,008	-2,008	-2,008
Comprehensive Income & Other	19,791	19,643	17,995	1,454	1,616
Shareholders' Equity	97,651	94,290	91,497	92,371	100,416
Total Liabilities & Equity	168,748	189,232	181,765	172,821	175,296
Total Debt	46,192	62,474	54,193	50,217	43,469
Net Cash (Debt)	-33,314	-51,544	-44,770	-38,468	-32,728
Net Cash Per Share	-1150.27	-1769.76	-1543.20	-1325.99	-1128.12
Filing Date Shares Outstanding	28.81	29.01	29.01	29.01	29.01
Total Common Shares Outstanding	28.81	29.01	29.01	29.01	29.01
Working Capital	1,238	-9,440	-10,536	-11,298	3,451
Book Value Per Share	3389.12	3250.15	3153.88	3183.99	3461.30
Tangible Book Value	97,217	93,688	89,548	90,354	98,369
Tangible Book Value Per Share	3374.05	3229.38	3086.67	3114.47	3390.73
Land	42,950	42,950	42,950	22,064	22,018
Buildings	28,995	28,995	28,929	25,276	25,033
Machinery	97,916	99,959	100,331	97,524	92,726
Construction In Progress	-	367.2	117	3,771	4,032

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