TOP Engineering Co., Ltd (KOSDAQ: 065130)

TOP Engineering Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	60,953	60,732	36,112	53,129	46,224	53,050
Short-Term Investments	4,263	542.52	812.82	663.55	615.46	748.68
Cash & Short-Term Investments	65,216	61,274	36,924	53,793	46,840	53,799
Cash Growth	36.64%	65.95%	-31.36%	14.85%	-12.94%	15.16%
Accounts Receivable	160,878	172,196	109,010	145,951	160,748	150,452
Other Receivables	10,126	23,324	17,453	13,245	12,719	17,125
Receivables	171,806	196,228	127,111	159,895	174,881	168,114
Inventory	98,645	88,093	108,894	135,797	105,330	113,416
Prepaid Expenses	-	2,395	985.66	3,249	2,332	3,994
Other Current Assets	15,258	3,572	9,021	4,241	8,961	4,069
Total Current Assets	350,925	351,563	282,937	356,975	338,343	343,391
Property, Plant & Equipment	156,261	161,197	175,958	215,647	197,816	191,473
Long-Term Investments	-0	10,025	10,991	12,654	28,527	14,765
Goodwill	-	-	-	-	11,963	10,139
Other Intangible Assets	4,601	5,574	5,775	5,776	8,196	15,536
Long-Term Accounts Receivable	-	159.89	384.24	-	-	-
Long-Term Deferred Tax Assets	9,513	11,536	16,421	17,188	15,608	15,909
Long-Term Deferred Charges	-	-	-	0	81.87	172.24
Other Long-Term Assets	23,319	20,185	18,416	20,177	18,172	3,290
Total Assets	546,565	562,051	512,615	629,496	618,832	596,075
Accounts Payable	-	126,012	80,200	141,600	124,322	95,099
Accrued Expenses	-	6,926	6,793	7,887	7,437	5,933
Short-Term Debt	75,706	68,463	80,544	82,941	90,499	81,387
Current Portion of Long-Term Debt	130.92	3,931	1,314	2,266	3,783	625
Current Portion of Leases	-	2,000	2,193	2,137	911.66	1,227
Current Income Taxes Payable	29.07	256.82	755.66	2,022	867.95	3,580
Current Unearned Revenue	-	889.57	2,847	982.37	114.16	664.26
Other Current Liabilities	137,404	15,138	27,834	23,991	33,145	25,469
Total Current Liabilities	213,270	223,616	202,481	263,827	261,080	213,985
Long-Term Debt	360.03	458.22	3,589	27,708	3,569	4,875
Long-Term Leases	-	889.53	1,873	898.51	2,419	1,167
Long-Term Deferred Tax Liabilities	1,823	1,785	1,769	1,542	1,090	2,556
Other Long-Term Liabilities	7,189	5,300	4,225	3,145	1,068	4.38
Total Liabilities	222,642	232,049	213,937	297,120	269,226	222,587
Common Stock	8,931	8,870	8,324	8,324	8,324	8,324
Additional Paid-In Capital	56,143	56,440	46,324	43,382	42,981	44,258
Retained Earnings	142,120	145,917	133,369	147,357	163,841	169,353
Treasury Stock	-21,759	-21,759	-15,660	-12,673	-9,673	-8,430
Comprehensive Income & Other	5,103	4,638	5,930	4,004	2,435	-1,161
Total Common Equity	190,538	194,105	178,288	190,395	207,908	212,345
Minority Interest	133,385	135,897	120,389	141,981	141,698	161,144
Shareholders' Equity	323,923	330,003	298,678	332,376	349,606	373,488
Total Liabilities & Equity	546,565	562,051	512,615	629,496	618,832	596,075
Total Debt	76,197	75,742	89,513	115,950	101,182	89,281
Net Cash (Debt)	-10,981	-14,467	-52,589	-62,157	-54,342	-35,482
Net Cash Per Share	-738.18	-958.56	-3737.96	-4256.89	-3712.58	-2426.91
Filing Date Shares Outstanding	13.98	13.86	14.91	15.42	15.79	15.93
Total Common Shares Outstanding	13.98	13.86	13.74	14.25	15.79	14.76
Working Capital	137,656	127,947	80,456	93,148	77,264	129,406
Book Value Per Share	13625.00	14008.37	12972.02	13362.42	13163.09	14389.17
Tangible Book Value	185,937	188,531	172,513	184,619	187,749	186,670
Tangible Book Value Per Share	13296.00	13606.08	12551.84	12957.03	11886.77	12649.37
Land	43,486	43,486	43,636	44,056	44,068	42,290
Buildings	96,918	98,675	98,503	89,742	81,009	70,764
Machinery	246,733	246,053	226,573	212,357	184,241	157,840
Construction In Progress	4,448	2,431	16,300	23,068	1,548	18,885

Source: S&P Capital IQ. Standard template. Financial Sources.