Seosan 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	13,277	11,064	8,095	5,182	5,999	7,848
Short-Term Investments	53,028	55,000	56,000	55,000	46,000	41,000
Cash & Short-Term Investments	66,304	66,064	64,095	60,182	51,999	48,848
Cash Growth	-1.02%	3.07%	6.50%	15.74%	6.45%	171.20%
Accounts Receivable	7,525	5,745	7,073	6,768	8,486	8,922
Other Receivables	1,363	1,692	2,003	1,164	608.63	2,647
Receivables	8,890	7,441	9,076	7,932	19,097	16,573
Inventory	5,925	8,857	9,754	10,769	6,924	6,022
Other Current Assets	364.04	280.84	174.46	227.41	289.44	86.11
Total Current Assets	81,483	82,643	83,099	79,111	78,309	71,529
Property, Plant & Equipment	16,340	20,145	21,839	23,733	26,806	31,074
Long-Term Investments	6,588	6,503	6,277	6,073	6,003	5,504
Other Intangible Assets	1,017	1,017	1,019	1,020	1,018	744.98
Long-Term Deferred Tax Assets	822.29	944.37	690.85	698.05	-	-
Other Long-Term Assets	1,194	991.28	993.68	996.26	999.78	1,095
Total Assets	107,445	112,243	113,919	111,631	113,136	109,947
Accounts Payable	2,132	1,656	2,047	2,275	2,011	2,050
Accrued Expenses	283.35	222.72	245.36	288.49	310.28	327.3
Current Income Taxes Payable	-	190.9	161.94	-	542.09	-
Current Unearned Revenue	-	11.7	-	4.61	-	-
Other Current Liabilities	3,814	6,167	4,664	4,207	6,933	7,948
Total Current Liabilities	6,230	8,249	7,118	6,775	9,797	10,325
Long-Term Unearned Revenue	52.11	-	29.26	-	11.52	18.43
Other Long-Term Liabilities	256.09	107.29	452.66	97.44	505.06	2,298
Total Liabilities	6,538	8,356	7,600	6,872	10,313	12,641
Common Stock	2,000	2,000	2,000	2,000	2,000	2,000
Additional Paid-In Capital	779.47	779.47	779.47	779.47	779.47	779.47
Retained Earnings	66,703	67,597	68,073	66,516	64,708	60,764
Comprehensive Income & Other	-348.09	-347.4	-375.2	-403.66	-456.85	-880.33
Total Common Equity	69,134	70,029	70,477	68,892	67,031	62,663
Minority Interest	31,773	33,858	35,842	35,867	35,792	34,643
Shareholders' Equity	100,907	103,887	106,319	104,759	102,823	97,305
Total Liabilities & Equity	107,445	112,243	113,919	111,631	113,136	109,947
Net Cash (Debt)	66,304	66,064	64,095	60,182	51,999	48,848
Net Cash Growth	-1.02%	3.07%	6.50%	15.74%	6.45%	171.20%
Net Cash Per Share	3296.41	3303.20	3204.74	3009.12	2599.93	2442.39
Filing Date Shares Outstanding	20	20	20	20	20	20
Total Common Shares Outstanding	20	20	20	20	20	20
Working Capital	75,253	74,394	75,981	72,336	68,512	61,204
Book Value Per Share	3456.71	3501.44	3523.85	3444.61	3351.55	3133.14
Tangible Book Value	68,117	69,012	69,458	67,872	66,013	61,918
Tangible Book Value Per Share	3405.86	3450.58	3472.89	3393.61	3300.64	3095.89
Land	6,083	7,309	6,933	6,933	6,860	7,395
Buildings	15,077	16,987	17,109	17,102	17,095	17,984
Machinery	40,327	40,518	40,774	39,306	40,729	40,771
Construction In Progress	244.3	-	-	32.2	32.2	32.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.