SD SYSTEM Co., Ltd (KOSDAQ:121890)

SD SYSTEM 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	4,123	6,021	8,973	5,075	5,727	3,803
Short-Term Investments	513.72	1,471	500	2,000	-	-
Cash & Short-Term Investments	4,637	7,492	9,473	7,075	5,727	3,803
Cash Growth	-35.04%	-20.91%	33.89%	23.55%	50.59%	26.43%
Accounts Receivable	2,047	6,498	2,757	1,656	1,303	5,044
Other Receivables	390.65	113.01	85.06	102.31	12.4	3.86
Receivables	2,438	6,611	2,842	1,758	1,315	5,048
Inventory	400.27	546.81	380.3	770.48	1,126	915.61
Prepaid Expenses	6.11	12.52	12.23	14.77	13.02	13.78
Other Current Assets	287.47	697.32	160.97	85.5	147.77	264.18
Total Current Assets	7,769	15,360	12,868	9,705	8,329	10,044
Property, Plant & Equipment	2,130	2,176	2,261	2,331	2,433	2,283
Long-Term Investments	2,216	2,153	2,091	1,989	1,910	1,856
Other Intangible Assets	130.13	167.45	242.09	319.3	371.61	33.5
Long-Term Accounts Receivable	-0	-0	-0	-0	0	0
Other Long-Term Assets	28.68	295.36	233.28	267.26	294.71	13.52
Total Assets	12,273	20,151	17,695	14,611	13,339	14,230

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	112.49	163.58	168.63	54.65	60.71	14.44
Accrued Expenses	219.29	235.02	280.74	219.52	223.65	186.77
Current Portion of Leases	18.92	18.92	24.26	41.69	47.48	41.32
Current Unearned Revenue	0.27	640.92	2,891	870.64	137.37	64.68
Other Current Liabilities	1,385	6,995	3,490	1,327	3,401	5,750
Total Current Liabilities	1,736	8,053	6,855	2,514	3,870	6,058
Long-Term Leases	16.34	25.24	10.39	3.44	18.88	-
Pension & Post-Retirement Benefits	9.68	-	-	-	-	102.04
Other Long-Term Liabilities	92.41	96.71	92.87	75.19	72.94	99.53
Total Liabilities	1,854	8,175	6,958	2,592	3,962	6,259

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	6,646	6,646	6,646	6,343	6,343	4,805
Additional Paid-In Capital	18,799	18,799	18,799	18,105	18,105	17,654
Retained Earnings	-15,026	-13,469	-14,708	-12,429	-15,071	-14,487
Comprehensive Income & Other	-0	-0	-0	-0	-0	-0
Shareholders' Equity	10,418	11,976	10,737	12,019	9,377	7,971
Total Liabilities & Equity	12,273	20,151	17,695	14,611	13,339	14,230

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	35.27	44.16	34.65	45.13	66.35	41.32
Net Cash (Debt)	4,601	7,448	9,439	7,030	5,660	3,762
Net Cash Growth	-35.10%	-21.09%	34.26%	24.20%	50.48%	34.03%
Net Cash Per Share	-	560.35	728.62	554.16	520.77	391.46
Filing Date Shares Outstanding	-	13.29	13.29	12.69	12.69	9.61
Total Common Shares Outstanding	-	13.29	13.29	12.69	12.69	9.61
Working Capital	6,033	7,307	6,013	7,191	4,459	3,987
Book Value Per Share	-	901.03	807.81	947.39	739.12	829.51
Tangible Book Value	10,288	11,809	10,495	11,699	9,005	7,937
Tangible Book Value Per Share	-	888.43	789.59	922.22	709.83	826.03
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	414.77	416.12	422.06	487.17	495.05	1,100
Construction In Progress	-	-	-	-	-	15

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:

Aug 24, 2026

Data Sources Report a data error