SD SYSTEM 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	6,021	8,973	5,075	5,727	3,803
Short-Term Investments	1,471	500	2,000	-	-
Cash & Short-Term Investments	7,492	9,473	7,075	5,727	3,803
Cash Growth	-20.91%	33.89%	23.55%	50.59%	26.43%
Accounts Receivable	6,498	2,757	1,656	1,303	5,044
Other Receivables	113.01	85.06	102.31	12.4	3.86
Receivables	6,611	2,842	1,758	1,315	5,048
Inventory	546.81	380.3	770.48	1,126	915.61
Prepaid Expenses	12.52	12.23	14.77	13.02	13.78
Other Current Assets	697.32	160.97	85.5	147.77	264.18
Total Current Assets	15,360	12,868	9,705	8,329	10,044
Property, Plant & Equipment	2,176	2,261	2,331	2,433	2,283
Long-Term Investments	2,153	2,091	1,989	1,910	1,856
Other Intangible Assets	167.45	242.09	319.3	371.61	33.5
Long-Term Accounts Receivable	-0	-0	-0	0	0
Other Long-Term Assets	295.36	233.28	267.26	294.71	13.52
Total Assets	20,151	17,695	14,611	13,339	14,230
Accounts Payable	163.58	168.63	54.65	60.71	14.44
Accrued Expenses	235.02	280.74	219.52	223.65	186.77
Current Portion of Leases	18.92	24.26	41.69	47.48	41.32
Current Unearned Revenue	640.92	2,891	870.64	137.37	64.68
Other Current Liabilities	6,995	3,490	1,327	3,401	5,750
Total Current Liabilities	8,053	6,855	2,514	3,870	6,058
Long-Term Leases	25.24	10.39	3.44	18.88	-
Pension & Post-Retirement Benefits	-	-	-	-	102.04
Other Long-Term Liabilities	96.71	92.87	75.19	72.94	99.53
Total Liabilities	8,175	6,958	2,592	3,962	6,259
Common Stock	6,646	6,646	6,343	6,343	4,805
Additional Paid-In Capital	18,799	18,799	18,105	18,105	17,654
Retained Earnings	-13,469	-14,708	-12,429	-15,071	-14,487
Comprehensive Income & Other	-0	-0	-0	-0	-0
Shareholders' Equity	11,976	10,737	12,019	9,377	7,971
Total Liabilities & Equity	20,151	17,695	14,611	13,339	14,230
Total Debt	44.16	34.65	45.13	66.35	41.32
Net Cash (Debt)	7,448	9,439	7,030	5,660	3,762
Net Cash Growth	-21.09%	34.26%	24.20%	50.48%	34.03%
Net Cash Per Share	-	728.62	554.16	520.77	391.46
Filing Date Shares Outstanding	-	13.29	12.69	12.69	9.61
Total Common Shares Outstanding	-	13.29	12.69	12.69	9.61
Working Capital	7,307	6,013	7,191	4,459	3,987
Book Value Per Share	-	807.81	947.39	739.12	829.51
Tangible Book Value	11,809	10,495	11,699	9,005	7,937
Tangible Book Value Per Share	-	789.59	922.22	709.83	826.03
Land	1,253	1,253	1,253	1,253	1,253
Buildings	1,451	1,451	1,451	1,451	1,451
Machinery	416.12	422.06	487.17	495.05	1,100
Construction In Progress	-	-	-	-	15

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