TOP Engineering 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	32,729	47,075	54,111	60,732	36,112	53,129
Short-Term Investments	3,195	2,352	2,335	542.52	812.82	663.55
Cash & Short-Term Investments	35,924	49,427	56,445	61,274	36,924	53,793
Cash Growth	-31.85%	-12.43%	-7.88%	65.94%	-31.36%	14.85%
Accounts Receivable	153,770	112,262	150,877	172,196	109,010	145,951
Other Receivables	1,175	712.83	10,925	23,324	17,453	13,245
Receivables	154,945	113,772	162,651	196,228	127,111	159,895
Inventory	126,609	116,354	157,165	88,093	108,894	135,797
Prepaid Expenses	-	8,684	2,996	2,395	985.66	3,249
Other Current Assets	32,703	17,808	9,385	3,572	9,021	4,241
Total Current Assets	350,181	306,046	388,642	351,563	282,937	356,975
Property, Plant & Equipment	126,735	122,809	162,239	161,197	175,958	215,647
Long-Term Investments	-	7,432	10,983	10,025	10,991	12,654
Other Intangible Assets	4,891	5,024	4,417	5,574	5,775	5,776
Long-Term Accounts Receivable	-	-	35.54	159.89	384.24	-
Long-Term Deferred Tax Assets	18,001	17,888	10,221	11,536	16,421	17,188
Long-Term Deferred Charges	-	-	-	-	-	0
Other Long-Term Assets	37,697	31,291	18,603	20,185	18,416	20,177
Total Assets	539,215	492,123	597,164	562,051	512,615	629,496
Accounts Payable	118,438	107,023	138,476	126,012	80,200	141,600
Accrued Expenses	2,456	7,042	7,878	6,926	6,793	7,887
Short-Term Debt	68,405	56,524	70,670	65,163	80,544	82,941
Current Portion of Long-Term Debt	-	-	130.92	7,231	1,314	2,266
Current Portion of Leases	-	1,601	1,812	2,000	2,193	2,137
Current Income Taxes Payable	-2.36	-	-	256.82	755.66	2,022
Current Unearned Revenue	-	185.64	1,228	889.57	2,847	982.37
Other Current Liabilities	34,882	23,966	25,458	15,138	27,834	23,991
Total Current Liabilities	224,179	196,343	245,653	223,616	202,481	263,827
Long-Term Debt	-	-	327.3	458.22	3,589	27,708
Long-Term Leases	-	577.74	1,538	889.53	1,873	898.51
Long-Term Deferred Tax Liabilities	804.68	801.85	1,826	1,785	1,769	1,542
Other Long-Term Liabilities	6,377	6,153	6,353	5,300	4,225	3,145
Total Liabilities	231,361	203,876	255,698	232,049	213,937	297,120
Common Stock	8,931	8,931	8,931	8,870	8,324	8,324
Additional Paid-In Capital	57,086	56,635	56,214	56,440	46,324	43,382
Retained Earnings	107,238	101,685	145,460	145,917	133,369	147,357
Treasury Stock	-	-17,785	-24,931	-21,759	-15,660	-12,673
Comprehensive Income & Other	-11,188	3,248	7,836	4,638	5,930	4,004
Total Common Equity	162,067	152,714	193,511	194,105	178,288	190,395
Minority Interest	145,787	135,534	147,955	135,897	120,389	141,981
Shareholders' Equity	307,854	288,248	341,466	330,003	298,678	332,376
Total Liabilities & Equity	539,215	492,123	597,164	562,051	512,615	629,496
Total Debt	68,405	58,704	74,479	75,742	89,513	115,950
Net Cash (Debt)	-32,481	-9,276	-18,033	-14,467	-52,589	-62,157
Net Cash Per Share	-2445.10	-698.27	-1301.79	-958.56	-3737.96	-4256.89
Filing Date Shares Outstanding	13.28	13.28	14.82	16.01	14.91	15.42
Total Common Shares Outstanding	13.28	13.28	13.28	13.86	13.74	14.25
Working Capital	126,002	109,703	142,989	127,947	80,456	93,148
Book Value Per Share	12199.87	11495.77	14566.82	14008.37	12972.02	13362.42
Tangible Book Value	157,175	147,690	189,094	188,531	172,513	184,619
Tangible Book Value Per Share	11831.65	11117.59	14234.33	13606.08	12551.84	12957.03
Land	-	32,909	43,486	43,486	43,636	44,056
Buildings	-	86,610	98,514	98,675	98,503	89,742
Machinery	-	212,329	239,707	246,053	226,573	212,357
Construction In Progress	-	9,127	15,412	2,431	16,300	23,068