SD SYSTEM 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	4,635	6,021	8,973	5,075	5,727	3,803
Short-Term Investments	1,004	1,471	500	2,000	-	-
Cash & Short-Term Investments	5,639	7,492	9,473	7,075	5,727	3,803
Cash Growth	-5.36%	-20.91%	33.89%	23.55%	50.59%	26.43%
Accounts Receivable	2,054	6,498	2,757	1,656	1,303	5,044
Other Receivables	407.35	113.01	85.06	102.31	12.4	3.86
Receivables	2,462	6,611	2,842	1,758	1,315	5,048
Inventory	575.77	546.81	380.3	770.48	1,126	915.61
Prepaid Expenses	10.56	12.52	12.23	14.77	13.02	13.78
Other Current Assets	148.25	697.32	160.97	85.5	147.77	264.18
Total Current Assets	8,835	15,360	12,868	9,705	8,329	10,044
Property, Plant & Equipment	2,159	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	148.79	167.45	242.09	319.3	371.61	33.5
Long-Term Accounts Receivable	0	-0	-0	-0	0	0
Other Long-Term Assets	220.26	295.36	233.28	267.26	294.71	13.52
Total Assets	13,579	20,151	17,695	14,611	13,339	14,230
Accounts Payable	123.35	163.58	168.63	54.65	60.71	14.44
Accrued Expenses	224.98	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	163.06	640.92	2,891	870.64	137.37	64.68
Other Current Liabilities	1,690	6,995	3,490	1,327	3,401	5,750
Total Current Liabilities	2,220	8,053	6,855	2,514	3,870	6,058
Long-Term Leases	20.81	25.24	10.39	3.44	18.88	-
Pension & Post-Retirement Benefits	-	-	-	-	-	102.04
Other Long-Term Liabilities	98.81	96.71	92.87	75.19	72.94	99.53
Total Liabilities	2,340	8,175	6,958	2,592	3,962	6,259
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	-14,205	-13,469	-14,708	-12,429	-15,071	-14,487
Comprehensive Income & Other	-0	-0	-0	-0	-0	-0
Shareholders' Equity	11,240	11,976	10,737	12,019	9,377	7,971
Total Liabilities & Equity	13,579	20,151	17,695	14,611	13,339	14,230
Total Debt	39.74	44.16	34.65	45.13	66.35	41.32
Net Cash (Debt)	5,599	7,448	9,439	7,030	5,660	3,762
Net Cash Growth	-5.16%	-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	6,615	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	11,091	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

Source: S&P Global Market Intelligence. Standard template. Financial Sources.