Shinwha Intertek Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	5,046	10,856	10,527	9,151	11,749	10,741
Short-Term Investments	5,194	1,929	402.54	271.26	-	-
Trading Asset Securities	-	93.75	-	-	-	-
Cash & Short-Term Investments	10,240	12,878	10,930	9,423	11,749	10,741
Cash Growth	-12.98%	17.82%	16.00%	-19.80%	9.38%	50.22%
Accounts Receivable	20,318	24,487	30,156	18,598	19,932	23,019
Other Receivables	1,065	1,001	1,985	2,797	850.03	580.09
Receivables	21,384	25,488	32,141	21,395	20,782	23,599
Inventory	29,286	31,821	38,815	33,034	33,863	31,955
Prepaid Expenses	1,719	939.25	2,198	1,998	1,714	1,016
Other Current Assets	1,075	558.16	794.54	1,273	923.09	965.84
Total Current Assets	63,704	71,684	84,878	67,123	69,031	68,277
Property, Plant & Equipment	77,065	79,870	86,260	93,488	79,999	85,014
Long-Term Investments	8,470	8,941	9,068	9,902	10,618	11,795
Other Intangible Assets	430.86	434.24	602.54	1,950	2,017	2,047
Long-Term Accounts Receivable	0	-0	-0	0	-0	-0
Long-Term Deferred Tax Assets	6,146	6,668	7,016	7,540	7,433	5,473
Long-Term Deferred Charges	563.88	613.64	812.65	1,030	2,324	2,045
Other Long-Term Assets	410.74	536.69	594.48	732.14	1,399	645.06
Total Assets	156,789	168,748	189,232	181,765	172,821	175,296
Accounts Payable	10,603	12,091	20,648	20,208	18,479	19,518
Accrued Expenses	2,332	2,648	2,900	2,376	2,294	2,771
Short-Term Debt	29,000	34,500	50,600	42,900	41,715	34,600
Current Portion of Long-Term Debt	7,000	11,000	11,000	-	8,000	-
Current Portion of Leases	272.84	372.45	509.96	246.06	435.94	511.53
Current Income Taxes Payable	26.32	34.53	-	-	97.26	195.34
Current Unearned Revenue	-	-	-	-	-	27.3
Other Current Liabilities	11,377	9,801	8,660	11,929	9,309	7,203
Total Current Liabilities	60,611	70,446	94,318	77,659	80,330	64,826
Long-Term Debt	-	-	-	11,000	-	8,000
Long-Term Leases	277.19	319.38	364.1	46.48	66.35	357.04
Pension & Post-Retirement Benefits	428.8	276.77	205.51	1,507	-	1,642
Other Long-Term Liabilities	54	54	54	54	54	54
Total Liabilities	61,371	71,097	94,942	90,267	80,450	74,880
Common Stock	14,568	14,568	14,568	14,568	14,568	14,568
Additional Paid-In Capital	70,149	70,845	70,845	70,845	70,845	70,845
Retained Earnings	-5,536	-5,544	-8,757	-9,902	7,513	15,395
Treasury Stock	-2,008	-2,008	-2,008	-2,008	-2,008	-2,008
Comprehensive Income & Other	18,246	19,791	19,643	17,995	1,454	1,616
Shareholders' Equity	95,418	97,651	94,290	91,497	92,371	100,416
Total Liabilities & Equity	156,789	168,748	189,232	181,765	172,821	175,296
Total Debt	36,550	46,192	62,474	54,193	50,217	43,469
Net Cash (Debt)	-26,310	-33,314	-51,544	-44,770	-38,468	-32,728
Net Cash Per Share	-902.79	-1148.31	-1769.76	-1543.20	-1325.99	-1128.12
Filing Date Shares Outstanding	29.66	29.01	29.01	29.01	29.01	29.01
Total Common Shares Outstanding	29.66	29.01	29.01	29.01	29.01	29.01
Working Capital	3,092	1,238	-9,440	-10,536	-11,298	3,451
Book Value Per Share	3216.83	3365.99	3250.15	3153.88	3183.99	3461.30
Tangible Book Value	94,987	97,217	93,688	89,548	90,354	98,369
Tangible Book Value Per Share	3202.31	3351.02	3229.38	3086.67	3114.47	3390.73
Land	42,950	42,950	42,950	42,950	22,064	22,018
Buildings	28,995	28,995	28,995	28,929	25,276	25,033
Machinery	92,065	97,916	99,959	100,331	97,524	92,726
Construction In Progress	-	-	367.2	117	3,771	4,032