Satrec Initiative Co., Ltd. (KOSDAQ: 099320)

Satrec Initiative 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	74,171	102,777	90,395	114,633	21,187	19,832
Short-Term Investments	36,333	7,530	46,864	27,027	14,812	11,702
Cash & Short-Term Investments	110,504	110,307	137,259	141,660	35,999	31,534
Cash Growth	14.33%	-19.64%	-3.11%	293.51%	14.16%	446.21%
Accounts Receivable	2,283	4,625	15,252	2,002	2,863	3,693
Other Receivables	669.21	187.88	568.26	382.14	205.97	105.48
Receivables	4,292	6,392	17,161	3,274	4,109	4,316
Inventory	21,018	18,326	12,082	9,130	6,864	3,622
Prepaid Expenses	1,121	1,039	576.54	216.88	528.81	914.88
Other Current Assets	63,758	30,273	26,711	30,245	19,213	10,346
Total Current Assets	200,694	166,338	193,789	184,525	66,714	50,733
Property, Plant & Equipment	97,073	86,967	42,531	24,812	22,741	20,418
Long-Term Investments	3,770	3,763	2,333	1,566	1,293	1,071
Other Intangible Assets	4,132	5,300	1,941	1,713	1,114	1,724
Long-Term Accounts Receivable	-	-	-	-	-	44.31
Long-Term Deferred Tax Assets	42,350	37,056	3,053	6,485	1,909	2,180
Long-Term Deferred Charges	7,779	7,046	6,956	4,954	10,503	17,641
Other Long-Term Assets	3,401	4,025	5,053	3,785	1,511	1,509
Total Assets	362,513	313,828	258,780	230,111	107,500	96,315
Accounts Payable	841.4	1,666	1,696	1,362	399.18	698.09
Accrued Expenses	7,627	3,562	2,923	1,842	1,711	877.38
Short-Term Debt	6,400	-	800	0.22	152.91	-
Current Portion of Leases	437.86	212.7	139.47	98.7	24.51	32.04
Current Income Taxes Payable	797.96	1,969	-	651.45	1,381	481.54
Other Current Liabilities	119,282	73,600	55,243	23,115	24,526	24,474
Total Current Liabilities	135,387	81,009	60,802	27,070	28,194	26,563
Long-Term Debt	-	3,433	51,773	52,427	1,902	1,691
Long-Term Leases	765.16	32.31	138.08	68.36	19.1	44.23
Other Long-Term Liabilities	2,529	10,112	22,483	32,489	3,595	3,548
Total Liabilities	138,681	94,586	135,196	112,055	33,710	31,847
Common Stock	5,476	5,476	4,543	4,543	3,634	3,634
Additional Paid-In Capital	128,066	126,681	74,328	70,711	12,724	12,724
Retained Earnings	87,007	85,480	42,325	45,853	59,845	49,500
Treasury Stock	-	-	-	-2,841	-2,841	-1,841
Comprehensive Income & Other	219.13	219.13	-297	184	-263.24	-234.95
Total Common Equity	220,768	217,856	120,898	118,449	73,098	63,781
Minority Interest	-2,072	399.84	267.06	-393.08	691.37	686.82
Shareholders' Equity	223,832	219,242	123,584	118,056	73,790	64,468
Total Liabilities & Equity	362,513	313,828	258,780	230,111	107,500	96,315
Total Debt	7,603	3,678	52,851	52,595	2,098	1,767
Net Cash (Debt)	102,901	106,629	84,408	89,065	33,901	29,767
Net Cash Growth	137.54%	26.33%	-5.23%	162.72%	13.89%	1056.78%
Net Cash Per Share	9396.26	9736.69	7754.98	10710.45	4728.56	4128.75
Filing Date Shares Outstanding	10.95	10.95	9.09	8.96	7.15	7.19
Total Common Shares Outstanding	10.95	10.95	9.09	8.96	7.15	7.19
Working Capital	65,307	85,329	132,988	157,456	38,520	24,169
Book Value Per Share	20159.12	19893.20	13306.59	13215.50	10229.56	8864.69
Tangible Book Value	216,637	212,556	118,958	116,736	71,985	62,058
Tangible Book Value Per Share	19781.85	19409.27	13092.99	13024.37	10073.73	8625.11
Land	8,160	8,113	3,099	3,099	3,099	3,099
Buildings	45,941	44,895	19,295	19,295	19,295	15,985
Machinery	21,664	18,979	17,245	15,976	14,158	12,290
Construction In Progress	41,544	34,088	20,963	2,452	481.48	1,654

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