S-Energy 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	25,306	13,938	25,338	16,187	18,285	28,830
Short-Term Investments	42,729	50,090	70,763	74,235	79,292	58,615
Cash & Short-Term Investments	68,035	64,029	96,101	90,422	97,577	87,445
Cash Growth	-17.54%	-33.37%	6.28%	-7.33%	11.59%	15.84%
Accounts Receivable	28,803	27,074	46,260	47,355	57,644	82,392
Other Receivables	1,757	2,282	2,505	3,544	1,007	1,255
Receivables	31,029	29,810	50,233	52,361	59,164	86,134
Inventory	17,863	19,200	27,390	38,486	45,266	33,128
Prepaid Expenses	2,043	1,740	1,706	1,815	3,295	6,125
Other Current Assets	12,755	12,858	11,506	31,065	17,736	4,392
Total Current Assets	131,724	127,636	186,936	214,149	223,038	217,224
Property, Plant & Equipment	57,931	57,438	54,204	61,465	81,464	75,318
Long-Term Investments	14,001	13,933	15,050	9,780	8,967	11,968
Goodwill	1.43	1.43	202.72	887.01	887.01	889.22
Other Intangible Assets	14,895	14,864	14,828	14,760	14,807	15,356
Long-Term Accounts Receivable	-	-	-	46.82	1,262	1,554
Long-Term Deferred Tax Assets	11,374	11,376	14,645	16,854	15,645	15,638
Long-Term Deferred Charges	-	-	-	-	-	4.38
Other Long-Term Assets	1,579	1,768	1,940	10,777	3,467	4,096
Total Assets	231,842	227,855	287,833	328,815	349,564	344,555
Accounts Payable	10,943	6,564	17,637	18,996	30,682	47,970
Accrued Expenses	6,389	6,159	4,488	2,965	2,361	1,232
Short-Term Debt	82,937	87,723	90,254	97,443	88,985	58,183
Current Portion of Long-Term Debt	745.9	1,047	2,046	8,647	7,400	7,072
Current Portion of Leases	1,468	1,308	2,464	2,035	2,529	1,252
Current Income Taxes Payable	44.77	9.24	58.47	66.31	43.66	651.98
Current Unearned Revenue	-	-	-	-	-	23,470
Other Current Liabilities	30,243	29,825	55,111	40,701	28,291	16,952
Total Current Liabilities	132,770	132,635	172,060	170,853	160,292	156,784
Long-Term Debt	7,315	8,144	12,345	21,688	35,788	39,271
Long-Term Leases	6,138	6,149	5,876	7,249	7,872	195.11
Other Long-Term Liabilities	14,579	14,615	14,329	19,876	31,362	12,644
Total Liabilities	160,801	161,543	204,610	219,667	235,315	208,893
Common Stock	18,648	11,451	9,752	9,752	9,752	9,698
Additional Paid-In Capital	81,959	112,125	109,432	109,432	109,236	108,000
Retained Earnings	-96,612	-91,268	-77,758	-51,910	-46,552	-23,168
Treasury Stock	-7,472	-7,472	-7,472	-7,472	-7,472	-7,472
Comprehensive Income & Other	45,180	9,986	2,145	1,149	627.07	-932.83
Total Common Equity	41,702	34,822	36,098	60,951	65,592	86,125
Minority Interest	29,339	31,490	47,124	48,197	48,657	49,537
Shareholders' Equity	71,041	66,312	83,222	109,148	114,249	135,662
Total Liabilities & Equity	231,842	227,855	287,833	328,815	349,564	344,555
Total Debt	98,604	104,370	112,986	137,063	142,575	105,973
Net Cash (Debt)	-30,569	-40,342	-16,885	-46,641	-44,998	-18,528
Net Cash Per Share	-1358.86	-1928.85	-905.66	-2501.65	-2420.71	-1150.26
Filing Date Shares Outstanding	25.13	22.04	18.64	18.64	18.64	18.54
Total Common Shares Outstanding	25.13	22.04	18.64	18.64	18.64	18.54
Working Capital	-1,045	-4,999	14,876	43,296	62,746	60,440
Book Value Per Share	1659.43	1579.76	1936.16	3269.17	3518.07	4646.27
Tangible Book Value	26,806	19,957	21,068	45,304	49,898	69,880
Tangible Book Value Per Share	1066.66	905.37	1129.99	2429.95	2676.30	3769.86
Land	22,341	22,065	9,051	9,081	8,930	9,034
Buildings	13,220	5,871	5,137	5,180	5,181	5,181
Machinery	38,942	38,914	43,119	44,015	42,278	54,702
Construction In Progress	142.49	167.88	10.87	142.97	13,653	14,727