KAON Group 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	57,043	38,873	83,505	59,181	62,165	46,512
Short-Term Investments	-	-0	176.4	-0	-0	-0
Cash & Short-Term Investments	57,043	38,873	83,681	59,181	62,165	46,512
Cash Growth	-10.95%	-53.55%	41.40%	-4.80%	33.65%	-33.55%
Accounts Receivable	95,918	124,427	118,059	128,509	151,783	152,789
Other Receivables	1,763	1,100	1,203	2,969	1,609	1,906
Receivables	97,685	125,554	119,297	131,483	153,396	154,745
Inventory	179,411	138,333	160,076	225,643	160,164	129,519
Prepaid Expenses	3,983	2,964	3,453	5,336	5,435	5,527
Other Current Assets	15,316	6,400	6,539	6,399	3,372	4,876
Total Current Assets	353,437	312,123	373,047	428,042	384,533	341,179
Property, Plant & Equipment	34,026	33,986	32,710	28,647	20,712	21,044
Long-Term Investments	3,164	3,163	5,099	7,476	7,248	4,527
Other Intangible Assets	15,674	15,990	13,969	7,860	6,528	5,517
Long-Term Accounts Receivable	-	-	-	-	-	1.34
Long-Term Deferred Tax Assets	30,405	32,098	20,845	13,571	10,820	8,507
Other Long-Term Assets	1,647	1,588	1,312	1,332	1,364	1,629
Total Assets	439,820	400,370	448,566	488,207	432,134	383,405
Accounts Payable	67,153	44,521	64,467	76,035	58,895	60,342
Accrued Expenses	24,575	24,308	19,161	14,478	10,479	13,434
Short-Term Debt	145,917	134,573	149,905	146,575	113,462	70,938
Current Portion of Long-Term Debt	10,000	10,000	27,994	10,000	-	21,771
Current Portion of Leases	380.13	534.54	930.66	547.12	821.35	910.59
Current Income Taxes Payable	713.6	732.87	447.68	973.19	4,885	5,803
Current Unearned Revenue	-	-	1.39	26.26	304.85	71.99
Other Current Liabilities	32,532	34,181	47,455	26,948	24,394	26,054
Total Current Liabilities	281,270	248,851	310,361	275,582	213,243	199,325
Long-Term Debt	31,375	28,272	22,300	39,963	30,272	343.55
Long-Term Leases	419.07	475.43	1,006	374.58	539.78	1,012
Long-Term Deferred Tax Liabilities	195.32	195.32	-	-	-	-
Other Long-Term Liabilities	21.4	21.4	1.2	0.8	1	1.2
Total Liabilities	313,280	277,815	333,668	315,920	244,055	200,682
Common Stock	9,212	9,023	8,798	8,486	8,166	7,926
Additional Paid-In Capital	64,785	62,779	68,004	66,533	65,206	63,227
Retained Earnings	61,267	57,066	51,073	105,834	125,035	115,423
Treasury Stock	-	-	-11,004	-9,470	-7,916	-4,341
Comprehensive Income & Other	-2,048	104.34	2,988	3,910	-605.65	670.13
Total Common Equity	133,217	128,973	119,859	175,293	189,886	182,905
Minority Interest	-6,677	-6,418	-4,961	-3,006	-1,808	-181.48
Shareholders' Equity	126,540	122,555	114,898	172,287	188,078	182,723
Total Liabilities & Equity	439,820	400,370	448,566	488,207	432,134	383,405
Total Debt	188,090	173,855	202,135	197,459	145,095	94,975
Net Cash (Debt)	-131,048	-134,982	-118,454	-138,279	-82,930	-48,464
Net Cash Per Share	-7588.52	-8018.08	-7348.80	-8469.94	-5045.52	-2845.48
Filing Date Shares Outstanding	18.35	18.05	16.25	16.17	16	16.27
Total Common Shares Outstanding	18.35	18.05	16.58	16.49	16	16.59
Working Capital	72,167	63,273	62,686	152,460	171,290	141,854
Book Value Per Share	7261.37	7146.57	7229.67	10629.97	11865.80	11022.84
Tangible Book Value	117,543	112,984	105,890	167,433	183,358	177,387
Tangible Book Value Per Share	6407.00	6260.56	6387.10	10153.35	11457.86	10690.35
Land	16,275	16,275	16,340	16,340	8,637	8,158
Buildings	10,759	16,745	13,452	5,028	5,765	5,813
Machinery	6,021	28,382	28,890	6,206	4,932	5,361
Construction In Progress	235.22	85.06	81.64	155.76	97.65	66.57