SD SYSTEM Co., Ltd (KOSDAQ:121890)

SD SYSTEM 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,452	8,973	5,075	5,727	3,803	2,605
Short-Term Investments	1,460	500	2,000	-	-	402.77
Cash & Short-Term Investments	5,912	9,473	7,075	5,727	3,803	3,008
Cash Growth	17.72%	33.89%	23.55%	50.59%	26.43%	-41.09%
Accounts Receivable	2,786	2,757	1,656	1,303	5,044	1,795
Other Receivables	387.48	85.06	102.31	12.4	3.86	184.03
Receivables	3,173	2,842	1,758	1,315	5,048	1,979
Inventory	518.45	380.3	770.48	1,126	915.61	1,920
Prepaid Expenses	8.68	12.23	14.77	13.02	13.78	20.6
Other Current Assets	219.9	160.97	85.5	147.77	264.18	934.3
Total Current Assets	9,832	12,868	9,705	8,329	10,044	7,862
Property, Plant & Equipment	2,196	2,261	2,331	2,433	2,283	2,303
Long-Term Investments	2,153	2,091	1,989	1,910	1,856	1,755
Other Intangible Assets	186.11	242.09	319.3	371.61	33.5	33.5
Long-Term Accounts Receivable	-0	-0	-0	0	0	0
Other Long-Term Assets	193.63	233.28	267.26	294.71	13.52	144.25
Total Assets	14,561	17,695	14,611	13,339	14,230	12,097
Accounts Payable	107.59	168.63	54.65	60.71	14.44	282.21
Accrued Expenses	238.57	280.74	219.52	223.65	186.77	374.15
Current Portion of Leases	21.86	24.26	41.69	47.48	41.32	162.32
Current Unearned Revenue	295.2	2,891	870.64	137.37	64.68	1,737
Other Current Liabilities	2,603	3,490	1,327	3,401	5,750	3,783
Total Current Liabilities	3,267	6,855	2,514	3,870	6,058	6,339
Long-Term Leases	19.14	10.39	3.44	18.88	-	39.09
Pension & Post-Retirement Benefits	108.19	-	-	-	102.04	107.61
Other Long-Term Liabilities	97.88	92.87	75.19	72.94	99.53	136.99
Total Liabilities	3,492	6,958	2,592	3,962	6,259	6,622
Common Stock	6,646	6,646	6,343	6,343	4,805	4,805
Additional Paid-In Capital	18,799	18,799	18,105	18,105	17,654	17,654
Retained Earnings	-14,376	-14,708	-12,429	-15,071	-14,487	-16,984
Comprehensive Income & Other	-0	-0	-0	-0	-0	-0
Shareholders' Equity	11,069	10,737	12,019	9,377	7,971	5,475
Total Liabilities & Equity	14,561	17,695	14,611	13,339	14,230	12,097
Total Debt	41	34.65	45.13	66.35	41.32	201.42
Net Cash (Debt)	5,871	9,439	7,030	5,660	3,762	2,806
Net Cash Growth	17.86%	34.26%	24.20%	50.48%	34.03%	-
Net Cash Per Share	-	728.62	554.16	520.77	391.46	304.41
Filing Date Shares Outstanding	-	13.29	12.69	12.69	9.61	9.61
Total Common Shares Outstanding	-	13.29	12.69	12.69	9.61	9.61
Working Capital	6,566	6,013	7,191	4,459	3,987	1,523
Book Value Per Share	-	807.81	947.39	739.12	829.51	569.74
Tangible Book Value	10,883	10,495	11,699	9,005	7,937	5,441
Tangible Book Value Per Share	-	789.59	922.22	709.83	826.03	566.25
Land	1,253	1,253	1,253	1,253	1,253	1,253
Buildings	1,451	1,451	1,451	1,451	1,451	1,451
Machinery	422.48	422.06	487.17	495.05	1,100	1,209
Construction In Progress	-	-	-	-	15	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.