GnCenergy Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	77,947	46,700	30,514	11,483	40,087
Short-Term Investments	0	-	-0	0	-0
Trading Asset Securities	60,212	14,922	22,109	12,912	22,019
Cash & Short-Term Investments	138,158	61,622	52,622	24,395	62,106
Cash Growth	124.20%	17.10%	115.71%	-60.72%	55.70%
Accounts Receivable	35,077	34,510	21,610	33,154	19,686
Other Receivables	7,810	3,777	1,390	518.46	2,247
Receivables	43,187	38,887	23,001	33,672	21,934
Inventory	31,436	14,600	15,842	20,161	10,858
Prepaid Expenses	1,894	1,212	126.13	94.54	373.69
Other Current Assets	44,169	42,138	17,764	24,875	14,589
Total Current Assets	258,844	158,459	109,355	103,198	109,860
Property, Plant & Equipment	62,979	65,925	36,633	38,632	36,969
Long-Term Investments	43,352	36,027	32,998	25,742	11,336
Goodwill	38.26	37.84	37.84	37.84	3,287
Other Intangible Assets	89.99	97.37	97.05	109.77	323.22
Long-Term Deferred Tax Assets	-	-	348.65	369.25	572.92
Long-Term Deferred Charges	0	0	0	0	0
Other Long-Term Assets	4,888	4,386	7,323	2,096	2,422
Total Assets	370,791	265,232	187,092	170,765	165,390
Accounts Payable	25,453	23,993	16,236	17,459	13,410
Accrued Expenses	1,023	1,057	693.71	709.37	800.56
Short-Term Debt	27,106	21,545	5,672	18,663	18,823
Current Portion of Long-Term Debt	-	-	-	-	677.4
Current Portion of Leases	224.51	216.5	135.34	132.75	192.06
Current Income Taxes Payable	11,943	4,680	1,444	7,605	1,734
Current Unearned Revenue	8.71	8.71	-	-	-
Other Current Liabilities	64,568	43,118	39,767	8,920	14,139
Total Current Liabilities	130,327	94,619	63,947	53,488	49,775
Long-Term Debt	9,925	-	-	-	-
Long-Term Leases	686.55	771.22	118.73	181.73	203
Pension & Post-Retirement Benefits	540.73	307.53	-	-	-
Long-Term Deferred Tax Liabilities	7,497	7,812	-	-	-
Other Long-Term Liabilities	327.5	250.73	214.83	56.27	112.38
Total Liabilities	149,304	103,761	64,280	53,726	50,091
Common Stock	8,374	8,374	8,374	8,374	8,374
Additional Paid-In Capital	34,289	18,615	18,596	18,464	26,162
Retained Earnings	180,711	137,490	100,285	89,922	61,920
Treasury Stock	-1,250	-6,826	-7,056	-2,931	-2,931
Comprehensive Income & Other	-3,285	1,226	399.24	399.34	381.98
Total Common Equity	218,839	158,880	120,599	114,229	93,907
Minority Interest	2,648	2,591	2,213	2,810	21,392
Shareholders' Equity	221,487	161,471	122,812	117,039	115,299
Total Liabilities & Equity	370,791	265,232	187,092	170,765	165,390
Total Debt	37,942	22,533	5,926	18,977	19,895
Net Cash (Debt)	100,216	39,089	46,697	5,418	42,210
Net Cash Growth	156.38%	-16.29%	761.85%	-87.16%	49.06%
Net Cash Per Share	6310.36	2622.57	3029.76	334.19	2610.60
Filing Date Shares Outstanding	16.11	14.91	14.86	15.86	15.86
Total Common Shares Outstanding	16.11	14.91	14.86	15.86	15.86
Working Capital	128,517	63,839	45,408	49,710	60,085
Book Value Per Share	13581.62	10652.41	8113.84	7200.81	5919.75
Tangible Book Value	218,711	158,745	120,464	114,082	90,297
Tangible Book Value Per Share	13573.66	10643.35	8104.76	7191.50	5692.14
Land	12,180	12,180	12,180	13,148	16,816
Buildings	38,705	41,227	18,582	7,091	8,116
Machinery	35,425	39,366	3,075	2,916	3,186
Construction In Progress	5,635	48.91	49.92	10,944	2,854

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.