Formetal Co., Ltd. (KOSDAQ:119500)

Formetal Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	4,489	5,224	4,323	2,332	1,857	1,525
Short-Term Investments	1,120	420	440	-	-	-
Cash & Short-Term Investments	5,609	5,644	4,763	2,332	1,857	1,525
Cash Growth	50.12%	18.48%	104.25%	25.56%	21.82%	-40.81%
Accounts Receivable	11,965	10,113	9,152	10,759	12,784	12,297
Other Receivables	11.6	19.98	32.21	42.93	15.06	37.2
Receivables	11,977	10,133	9,184	10,802	12,799	12,334
Inventory	8,354	7,882	7,850	10,793	9,249	6,096
Prepaid Expenses	-	110.18	99.99	214.05	114.66	47.5
Other Current Assets	230.5	0	0	14.63	2.59	-0
Total Current Assets	26,171	23,769	21,897	24,155	24,023	20,002
Property, Plant & Equipment	37,451	38,130	40,048	40,692	42,252	43,785
Long-Term Investments	332.54	212.54	192.54	632.54	632.54	632.54
Other Intangible Assets	7.01	11.81	21.41	31.01	41.09	21.36
Other Long-Term Assets	105.9	35.9	58.7	36.28	197.6	34.28
Total Assets	64,068	62,159	62,218	65,547	67,145	64,475

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	5,980	5,030	4,077	6,489	7,191	5,722
Accrued Expenses	429.83	448.87	457.52	518.94	481.19	432.56
Short-Term Debt	2,000	1,500	4,000	4,200	4,700	5,200
Current Portion of Long-Term Debt	44	44	84.25	1,180	220.5	239
Current Income Taxes Payable	40.57	30.46	42.45	20.45	13.36	45.09
Other Current Liabilities	1,825	2,017	1,999	2,291	2,688	1,432
Total Current Liabilities	10,319	9,070	10,661	14,699	15,294	13,071
Long-Term Debt	44	66	110	194.25	2,374	2,595
Pension & Post-Retirement Benefits	377.21	176.07	169.13	269.15	-	559.25
Long-Term Deferred Tax Liabilities	1,470	1,341	1,071	1,154	1,190	1,133
Other Long-Term Liabilities	134.43	137.33	146.47	8.69	46.53	90.8
Total Liabilities	12,345	10,791	12,158	16,326	18,904	17,449

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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	38,130	37,776	36,468	35,629	34,648	33,786
Comprehensive Income & Other	-	0	0	0	0	-352.82
Shareholders' Equity	51,723	51,369	50,060	49,222	48,241	47,026
Total Liabilities & Equity	64,068	62,159	62,218	65,547	67,145	64,475

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2,088	1,610	4,194	5,574	7,295	8,034
Net Cash (Debt)	3,521	4,034	569.15	-3,242	-5,437	-6,509
Net Cash Growth	250.38%	608.70%	-	-	-	-
Net Cash Per Share	-	340.46	48.04	-273.66	-458.95	-549.42
Filing Date Shares Outstanding	-	11.85	11.85	11.85	11.85	11.85
Total Common Shares Outstanding	-	11.85	11.85	11.85	11.85	11.85
Working Capital	15,851	14,698	11,236	9,456	8,729	6,931
Book Value Per Share	-	4335.93	4225.50	4154.70	4071.90	3969.37
Tangible Book Value	51,716	51,357	50,039	49,191	48,200	47,005
Tangible Book Value Per Share	-	4334.94	4223.69	4152.08	4068.44	3967.56
Land	4,442	4,442	4,442	4,442	4,442	4,442
Buildings	17,664	17,664	17,664	17,640	17,640	17,640
Machinery	45,272	45,144	44,495	43,452	42,740	42,197
Construction In Progress	419.8	-	-	76	88	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 3, 2026

Data Sources Report a data error