Formetal 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	6,036	5,224	4,323	2,332	1,857	1,525
Short-Term Investments	480	420	440	-	-	-
Cash & Short-Term Investments	6,516	5,644	4,763	2,332	1,857	1,525
Cash Growth	57.84%	18.48%	104.25%	25.56%	21.82%	-40.81%
Accounts Receivable	10,660	10,113	9,152	10,759	12,784	12,297
Other Receivables	29.23	19.98	32.21	42.93	15.06	37.2
Receivables	10,689	10,133	9,184	10,802	12,799	12,334
Inventory	7,871	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	162.91	0	0	14.63	2.59	-0
Total Current Assets	25,239	23,769	21,897	24,155	24,023	20,002
Property, Plant & Equipment	37,501	38,130	40,048	40,692	42,252	43,785
Long-Term Investments	272.54	212.54	192.54	632.54	632.54	632.54
Other Intangible Assets	9.41	11.81	21.41	31.01	41.09	21.36
Other Long-Term Assets	35.9	35.9	58.7	36.28	197.6	34.28
Total Assets	63,058	62,159	62,218	65,547	67,145	64,475
Accounts Payable	5,601	5,030	4,077	6,489	7,191	5,722
Accrued Expenses	378.22	448.87	457.52	518.94	481.19	432.56
Short-Term Debt	1,500	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	44.14	30.46	42.45	20.45	13.36	45.09
Other Current Liabilities	2,395	2,017	1,999	2,291	2,688	1,432
Total Current Liabilities	9,962	9,070	10,661	14,699	15,294	13,071
Long-Term Debt	55	66	110	194.25	2,374	2,595
Pension & Post-Retirement Benefits	440.56	176.07	169.13	269.15	-	559.25
Long-Term Deferred Tax Liabilities	1,341	1,341	1,071	1,154	1,190	1,133
Other Long-Term Liabilities	133	137.33	146.47	8.69	46.53	90.8
Total Liabilities	11,932	10,791	12,158	16,326	18,904	17,449
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	37,534	37,776	36,468	35,629	34,648	33,786
Comprehensive Income & Other	-	0	0	0	0	-352.82
Shareholders' Equity	51,127	51,369	50,060	49,222	48,241	47,026
Total Liabilities & Equity	63,058	62,159	62,218	65,547	67,145	64,475
Total Debt	1,599	1,610	4,194	5,574	7,295	8,034
Net Cash (Debt)	4,917	4,034	569.15	-3,242	-5,437	-6,509
Net Cash Growth	925.99%	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	15,277	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	51,117	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	45,161	45,144	44,495	43,452	42,740	42,197
Construction In Progress	27.55	-	-	76	88	-