Korea Fuel-Tech Corporation (KOSDAQ:123410)

Korea Fuel-Tech 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	74,381	74,307	52,471	39,056	30,057	32,828
Short-Term Investments	8,906	-	67.9	-	10,245	300.92
Trading Asset Securities	16.65	10.22	3.8	1.89	343.73	8.82
Cash & Short-Term Investments	83,304	74,318	52,542	39,058	40,646	33,138
Cash Growth	33.07%	41.44%	34.52%	-3.91%	22.66%	9.78%
Accounts Receivable	100,961	97,424	90,926	96,611	65,844	62,533
Other Receivables	13,848	10,044	9,801	4,958	6,902	7,628
Receivables	115,696	108,338	101,315	102,198	73,034	70,264
Inventory	146,643	114,462	103,079	89,697	85,254	73,587
Prepaid Expenses	2,977	2,309	2,578	3,058	3,064	2,781
Other Current Assets	12,807	14,208	16,662	7,074	12,920	5,863
Total Current Assets	361,426	313,635	276,176	241,086	214,918	185,633
Property, Plant & Equipment	167,397	156,749	146,403	134,209	136,639	148,819
Long-Term Investments	4,699	11,629	9,128	8,169	11,368	6,177
Other Intangible Assets	1,206	871.79	903.29	671.48	720.21	939.31
Long-Term Deferred Tax Assets	12,974	12,610	10,508	8,343	7,050	7,040
Long-Term Deferred Charges	12,320	11,698	10,883	10,372	10,414	10,727
Other Long-Term Assets	12,801	11,865	11,604	11,738	12,349	13,472
Total Assets	579,746	523,167	466,528	415,161	394,102	373,474

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	89,546	74,689	81,716	72,261	64,015	42,148
Accrued Expenses	11,396	7,620	8,502	10,970	7,990	5,180
Short-Term Debt	89,067	63,321	67,523	81,033	70,918	68,297
Current Portion of Long-Term Debt	-	15,262	2,321	7,728	23,695	11,299
Current Portion of Leases	1,965	2,332	2,083	1,941	1,268	1,364
Current Income Taxes Payable	7,178	5,408	5,625	4,865	3,411	2,468
Other Current Liabilities	17,509	21,386	12,156	12,637	21,798	31,604
Total Current Liabilities	216,661	190,018	179,925	191,435	193,094	162,361
Long-Term Debt	25,921	22,406	27,067	11,473	18,636	33,801
Long-Term Leases	1,061	937.33	2,188	3,150	3,985	4,926
Pension & Post-Retirement Benefits	34,629	35,322	31,601	27,493	25,567	27,807
Long-Term Deferred Tax Liabilities	2,970	2,979	2,814	2,565	2,430	2,938
Other Long-Term Liabilities	6,093	4,477	2,460	1,692	1,523	1,675
Total Liabilities	287,335	256,140	246,054	237,808	245,235	233,507

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	2,784	2,784	2,784	2,784	2,784	2,784
Additional Paid-In Capital	29,894	29,894	29,894	29,894	29,894	29,894
Retained Earnings	231,751	214,438	174,996	144,167	116,460	105,197
Treasury Stock	-2,074	-0.02	-0.02	-0.02	-0.02	-0.02
Comprehensive Income & Other	22,853	13,419	6,854	-4,573	-5,571	-4,394
Total Common Equity	285,208	260,536	214,527	172,272	143,567	133,482
Minority Interest	7,203	6,491	5,947	5,082	5,300	6,485
Shareholders' Equity	292,411	267,027	220,474	177,353	148,867	139,967
Total Liabilities & Equity	579,746	523,167	466,528	415,161	394,102	373,474

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	118,013	104,259	101,181	105,325	118,502	119,687
Net Cash (Debt)	-34,710	-29,941	-48,639	-66,267	-77,856	-86,549
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1247.43	-1075.42	-1747.03	-2380.21	-2796.44	-3108.68
Filing Date Shares Outstanding	27.81	27.84	27.84	27.84	27.84	27.84
Total Common Shares Outstanding	27.81	27.84	27.84	27.84	27.84	27.84
Working Capital	144,766	123,617	96,251	49,651	21,824	23,271
Book Value Per Share	10254.23	9357.97	7705.43	6187.69	5156.66	4794.42
Tangible Book Value	281,308	259,664	213,624	171,600	142,847	132,542
Tangible Book Value Per Share	10114.01	9326.66	7672.98	6163.57	5130.79	4760.68
Land	11,023	10,923	10,653	10,522	10,326	9,796
Buildings	52,635	67,188	61,763	56,845	51,244	46,023
Machinery	65,738	270,384	252,508	232,001	213,788	201,902
Construction In Progress	20,403	21,027	17,240	4,130	10,425	26,165

Data Source: S&P Global Market Intelligence Last updated: Aug 14, 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:

Sep 10, 2026

Data Sources Report a data error