Ace Technologies Corp. (KOSDAQ: 088800)

Ace Technologies 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	3,414	8,552	9,861	8,690	19,635	10,936
Short-Term Investments	9,978	11,927	23,866	17,823	16,293	15,453
Cash & Short-Term Investments	13,392	20,480	33,727	26,514	35,928	26,389
Cash Growth	-39.74%	-39.28%	27.21%	-26.20%	36.15%	39.03%
Accounts Receivable	55,834	55,473	97,480	105,731	62,242	81,651
Other Receivables	2,400	3,619	3,576	7,899	1,163	2,521
Receivables	58,996	59,848	101,056	113,727	63,524	84,376
Inventory	42,123	45,762	88,965	77,531	76,928	88,262
Prepaid Expenses	-	2,675	4,098	3,156	3,132	3,565
Other Current Assets	11,698	9,534	7,900	9,972	16,422	29,446
Total Current Assets	126,209	138,298	235,746	230,901	195,934	232,037
Property, Plant & Equipment	69,520	76,091	101,127	95,569	103,578	100,825
Long-Term Investments	2,532	2,792	3,334	13,130	17,717	9,553
Other Intangible Assets	5,808	4,548	5,813	6,358	5,731	4,751
Long-Term Deferred Tax Assets	5,789	5,789	4,797	4,852	4,342	10,705
Long-Term Deferred Charges	-	2,504	10,768	12,676	9,060	7,641
Other Long-Term Assets	13,470	29,104	16,764	18,076	15,463	12,527
Total Assets	223,526	259,504	379,522	382,669	352,970	380,499
Accounts Payable	62,992	61,247	68,877	55,078	64,944	81,432
Accrued Expenses	-	1,640	2,656	2,297	3,952	4,440
Short-Term Debt	77,523	123,010	132,335	145,989	79,037	137,193
Current Portion of Long-Term Debt	20,231	15,261	11,955	12,200	19,107	14,500
Current Portion of Leases	597.55	503.23	638.95	1,363	1,254	2,275
Current Income Taxes Payable	-	1.98	452.45	177.13	90.61	24.5
Other Current Liabilities	28,237	25,911	22,701	33,727	12,553	17,206
Total Current Liabilities	189,581	227,574	239,615	250,832	180,937	257,071
Long-Term Debt	-	7,070	70,231	56,040	93,103	26,370
Long-Term Leases	534.09	688.28	338.05	1,031	858.08	1,215
Long-Term Deferred Tax Liabilities	1,432	1,421	-	-	-	-
Other Long-Term Liabilities	476.99	373.93	1,126	1,346	1,887	2,052
Total Liabilities	192,832	237,924	311,712	312,397	281,475	291,358
Common Stock	63,534	34,963	22,463	21,862	20,479	19,429
Additional Paid-In Capital	71,572	67,830	53,173	58,263	154,110	129,682
Retained Earnings	-115,499	-94,817	-25,245	-17,066	-105,688	-59,921
Treasury Stock	-1,329	-1,329	-1,329	-1,329	-1,329	-1,329
Comprehensive Income & Other	11,900	14,357	16,781	6,513	1,693	548.06
Total Common Equity	30,179	21,004	65,843	68,244	69,266	88,409
Minority Interest	-1,874	-1,813	-422.06	-360.14	-159.33	731.86
Shareholders' Equity	30,693	21,580	67,809	70,272	71,495	89,141
Total Liabilities & Equity	223,526	259,504	379,522	382,669	352,970	380,499
Total Debt	98,885	146,533	215,498	216,624	193,358	181,554
Net Cash (Debt)	-85,493	-126,053	-181,771	-190,110	-157,430	-155,165
Net Cash Per Share	-1246.30	-2456.55	-4118.48	-4614.35	-3762.86	-4195.37
Filing Date Shares Outstanding	126.74	69.6	44.6	43.4	40.63	38.53
Total Common Shares Outstanding	126.74	69.6	44.6	43.4	40.63	38.53
Working Capital	-63,372	-89,276	-3,869	-19,931	14,997	-25,034
Book Value Per Share	238.11	301.78	1476.26	1572.49	1704.68	2294.39
Tangible Book Value	24,371	16,456	60,029	61,886	63,535	83,658
Tangible Book Value Per Share	192.28	236.43	1345.92	1425.99	1563.65	2171.09
Land	-	3,014	12,646	10,888	7,816	7,920
Buildings	-	37,366	47,939	47,040	50,394	34,660
Machinery	-	78,613	85,857	86,926	113,673	110,336
Construction In Progress	-	386.92	307.99	289.72	2,703	15,402

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