Formetal Co., Ltd. (KOSDAQ: 119500)

Formetal 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	3,545	2,332	1,857	1,525	2,376	976.22
Short-Term Investments	-	-	-	-	200	-
Cash & Short-Term Investments	3,545	2,332	1,857	1,525	2,576	976.22
Cash Growth	5.81%	25.56%	21.83%	-40.81%	163.86%	-13.81%
Accounts Receivable	9,961	10,759	12,784	12,297	10,124	9,202
Other Receivables	23.04	42.93	15.06	37.2	91.84	429.15
Receivables	9,984	10,802	12,799	12,334	10,216	9,631
Inventory	10,244	10,793	9,249	6,096	5,059	5,265
Prepaid Expenses	-	214.05	114.66	47.5	57.78	41.26
Other Current Assets	103.42	14.63	2.59	-0	0	0
Total Current Assets	23,876	24,155	24,023	20,002	17,909	15,913
Property, Plant & Equipment	40,178	40,692	42,252	43,785	45,075	45,853
Long-Term Investments	512.54	632.54	632.54	632.54	192.54	872.54
Other Intangible Assets	23.81	31.01	41.09	21.36	12.85	24.4
Other Long-Term Assets	36.28	36.28	197.6	34.28	34.28	30.24
Total Assets	64,627	65,547	67,145	64,475	63,223	62,693
Accounts Payable	5,064	6,489	7,191	5,722	5,444	5,993
Accrued Expenses	311.74	518.94	481.19	432.56	404.83	357.82
Short-Term Debt	4,200	4,200	4,700	5,200	4,500	3,000
Current Portion of Long-Term Debt	618.25	1,180	220.5	239	2,239	257.9
Current Income Taxes Payable	16.05	20.45	13.36	45.09	48.49	48.61
Other Current Liabilities	2,549	2,291	2,688	1,432	2,195	1,215
Total Current Liabilities	12,759	14,699	15,294	13,071	14,832	10,872
Long-Term Debt	-	194.25	2,374	2,595	833.75	5,213
Long-Term Deferred Tax Liabilities	1,248	1,154	1,190	1,133	1,141	1,155
Other Long-Term Liabilities	148.46	8.69	46.53	90.8	131.17	203.18
Total Liabilities	14,605	16,326	18,904	17,449	17,463	17,961
Common Stock	6,012	6,012	6,012	6,012	6,012	6,012
Additional Paid-In Capital	7,580	7,580	7,580	7,580	7,580	7,580
Retained Earnings	36,429	35,629	34,648	33,786	32,167	31,138
Comprehensive Income & Other	0	0	0	-352.82	0	0
Shareholders' Equity	50,022	49,222	48,241	47,026	45,760	44,731
Total Liabilities & Equity	64,627	65,547	67,145	64,475	63,223	62,693
Total Debt	4,818	5,574	7,295	8,034	7,573	8,471
Net Cash (Debt)	-1,273	-3,242	-5,437	-6,509	-4,997	-7,494
Net Cash Per Share	-107.48	-273.66	-459.79	-549.95	-421.77	-633.00
Filing Date Shares Outstanding	11.85	11.85	11.85	11.85	11.85	11.85
Total Common Shares Outstanding	11.85	11.85	11.85	11.85	11.85	11.85
Working Capital	11,117	9,456	8,729	6,931	3,077	5,040
Book Value Per Share	4222.27	4154.70	4071.90	3969.37	3862.53	3775.67
Tangible Book Value	49,998	49,191	48,200	47,005	45,747	44,707
Tangible Book Value Per Share	4220.26	4152.08	4068.44	3967.56	3861.44	3773.61
Land	4,442	4,442	4,442	4,442	4,442	4,442
Buildings	17,664	17,640	17,640	17,640	17,640	17,640
Machinery	43,855	43,452	42,740	42,197	41,009	38,075
Construction In Progress	579.81	76	88	-	337.7	2,611

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