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

Satrec Initiative Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	52,853	125,267	102,777	90,395	114,633	21,187
Short-Term Investments	43,193	47,970	7,530	46,864	27,027	14,812
Cash & Short-Term Investments	96,046	173,238	110,307	137,259	141,660	35,999
Cash Growth	23.89%	57.05%	-19.64%	-3.11%	293.51%	14.16%
Accounts Receivable	2,133	752.2	4,625	15,252	2,002	2,863
Other Receivables	858.42	742.65	187.88	568.26	382.14	205.97
Receivables	4,921	3,095	6,392	17,161	3,274	4,109
Inventory	37,723	27,919	18,326	12,082	9,130	6,864
Prepaid Expenses	3,429	1,003	1,039	576.54	216.88	528.81
Other Current Assets	96,588	83,833	30,273	26,711	30,245	19,213
Total Current Assets	238,707	289,087	166,338	193,789	184,525	66,714
Property, Plant & Equipment	100,934	97,031	86,967	42,531	24,812	22,741
Long-Term Investments	3,795	3,790	3,763	2,333	1,566	1,293
Other Intangible Assets	5,191	3,596	5,300	1,941	1,713	1,114
Long-Term Deferred Tax Assets	41,906	41,906	37,056	3,053	6,485	1,909
Long-Term Deferred Charges	8,586	8,122	7,046	6,956	4,954	10,503
Other Long-Term Assets	45.95	527.53	4,025	5,053	3,785	1,511
Total Assets	401,456	446,985	313,828	258,780	230,111	107,500
Accounts Payable	6,669	6,530	1,666	1,696	1,362	399.18
Accrued Expenses	5,945	3,132	3,562	2,923	1,842	1,711
Short-Term Debt	5,500	7,500	-	800	0.22	152.91
Current Portion of Leases	13.59	15.3	212.7	139.47	98.7	24.51
Current Income Taxes Payable	822.17	810.5	1,969	-	651.45	1,381
Other Current Liabilities	139,165	186,406	73,600	55,243	23,115	24,526
Total Current Liabilities	158,115	204,394	81,009	60,802	27,070	28,194
Long-Term Debt	-	-	3,433	51,773	52,427	1,902
Long-Term Leases	37.61	5.08	32.31	138.08	68.36	19.1
Other Long-Term Liabilities	14,198	13,189	10,112	22,483	32,489	3,595
Total Liabilities	172,350	217,588	94,586	135,196	112,055	33,710
Common Stock	5,476	5,476	5,476	4,543	4,543	3,634
Additional Paid-In Capital	138,326	138,326	126,681	74,328	70,711	12,724
Retained Earnings	91,589	91,748	85,480	42,325	45,853	59,845
Treasury Stock	-	-	-	-	-2,841	-2,841
Comprehensive Income & Other	219.13	219.13	219.13	-297	184	-263.24
Total Common Equity	235,610	235,769	217,856	120,898	118,449	73,098
Minority Interest	-12,170	-11,747	399.84	267.06	-393.08	691.37
Shareholders' Equity	229,105	229,396	219,242	123,584	118,056	73,790
Total Liabilities & Equity	401,456	446,985	313,828	258,780	230,111	107,500
Total Debt	5,551	7,520	3,678	52,851	52,595	2,098
Net Cash (Debt)	90,494	165,717	106,629	84,408	89,065	33,901
Net Cash Growth	22.69%	55.41%	26.33%	-5.23%	162.72%	13.89%
Net Cash Per Share	8263.37	15132.23	9736.69	7754.98	10710.45	4728.56
Filing Date Shares Outstanding	10.95	10.95	10.95	9.09	8.96	7.15
Total Common Shares Outstanding	10.95	10.95	10.95	9.09	8.96	7.15
Working Capital	80,592	84,693	85,329	132,988	157,456	38,520
Book Value Per Share	21514.42	21528.87	19893.20	13306.59	13215.50	10229.56
Tangible Book Value	230,419	232,173	212,556	118,958	116,736	71,985
Tangible Book Value Per Share	21040.42	21200.51	19409.27	13092.99	13024.37	10073.73
Land	8,210	8,210	8,113	3,099	3,099	3,099
Buildings	46,085	45,950	44,895	19,295	19,295	19,295
Machinery	19,779	19,673	18,979	17,245	15,976	14,158
Construction In Progress	47,949	43,584	34,088	20,963	2,452	481.48

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.