KAON Group Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	35,534	83,505	59,181	62,165	46,512	69,993
Short-Term Investments	-	176.4	-0	-0	-0	-
Cash & Short-Term Investments	35,534	83,681	59,181	62,165	46,512	69,993
Cash Growth	-37.36%	41.40%	-4.80%	33.65%	-33.55%	150.03%
Accounts Receivable	109,822	118,059	128,509	151,783	152,789	142,852
Other Receivables	909.52	1,203	2,969	1,609	1,906	2,588
Receivables	110,763	119,297	131,483	153,396	154,745	145,760
Inventory	124,826	160,076	225,643	160,164	129,519	69,215
Prepaid Expenses	3,925	3,453	5,336	5,435	5,527	1,764
Other Current Assets	6,773	6,539	6,399	3,372	4,876	4,898
Total Current Assets	281,822	373,047	428,042	384,533	341,179	291,630
Property, Plant & Equipment	34,862	32,710	28,647	20,712	21,044	20,710
Long-Term Investments	10,140	5,099	7,476	7,248	4,527	4,002
Goodwill	-	-	-	-	-	2,457
Other Intangible Assets	15,275	13,969	7,860	6,528	5,517	2,549
Long-Term Accounts Receivable	-	-	-	-	1.34	223.13
Long-Term Deferred Tax Assets	28,045	20,845	13,571	10,820	8,507	7,101
Other Long-Term Assets	1,435	1,312	1,332	1,364	1,629	1,761
Total Assets	372,977	448,566	488,207	432,134	383,405	330,536
Accounts Payable	52,846	64,467	76,035	58,895	60,342	48,637
Accrued Expenses	21,762	19,161	14,478	10,479	13,434	16,444
Short-Term Debt	118,936	149,905	146,575	113,462	70,938	64,210
Current Portion of Long-Term Debt	10,000	27,994	10,000	-	21,771	2,500
Current Portion of Leases	598.94	930.66	547.12	821.35	910.59	551.26
Current Income Taxes Payable	136.85	447.68	973.19	4,885	5,803	485.4
Current Unearned Revenue	59	1.39	26.26	304.85	71.99	93.78
Other Current Liabilities	29,979	47,455	26,948	24,394	26,054	17,095
Total Current Liabilities	234,317	310,361	275,582	213,243	199,325	150,017
Long-Term Debt	28,269	22,300	39,963	30,272	343.55	21,532
Long-Term Leases	639.03	1,006	374.58	539.78	1,012	560.93
Other Long-Term Liabilities	458.53	1.2	0.8	1	1.2	1.6
Total Liabilities	263,684	333,668	315,920	244,055	200,682	172,112
Common Stock	9,023	8,798	8,486	8,166	7,926	7,537
Additional Paid-In Capital	67,016	68,004	66,533	65,206	63,227	59,532
Retained Earnings	49,841	51,073	105,834	125,035	115,423	94,934
Treasury Stock	-11,004	-11,004	-9,470	-7,916	-4,341	-4,298
Comprehensive Income & Other	261.54	2,988	3,910	-605.65	670.13	1,373
Total Common Equity	115,138	119,859	175,293	189,886	182,905	159,078
Minority Interest	-5,845	-4,961	-3,006	-1,808	-181.48	-653.44
Shareholders' Equity	109,293	114,898	172,287	188,078	182,723	158,424
Total Liabilities & Equity	372,977	448,566	488,207	432,134	383,405	330,536
Total Debt	158,444	202,135	197,459	145,095	94,975	89,355
Net Cash (Debt)	-122,909	-118,454	-138,279	-82,930	-48,464	-19,362
Net Cash Per Share	-7429.18	-7349.13	-8469.94	-5045.52	-2845.48	-1176.78
Filing Date Shares Outstanding	16.7	16.58	16.17	16	16.27	15.75
Total Common Shares Outstanding	16.7	16.58	16.49	16	16.59	16.06
Working Capital	47,504	62,686	152,460	171,290	141,854	141,613
Book Value Per Share	6895.50	7229.67	10629.97	11865.80	11022.84	9903.86
Tangible Book Value	99,863	105,890	167,433	183,358	177,387	154,072
Tangible Book Value Per Share	5980.70	6387.10	10153.35	11457.86	10690.35	9592.20
Land	16,340	16,340	16,340	8,637	8,158	8,146
Buildings	10,849	8,033	5,028	5,765	5,813	5,577
Machinery	6,599	6,556	6,206	4,932	5,361	6,097
Construction In Progress	68.85	81.64	155.76	97.65	66.57	-

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