TSE Co., Ltd Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	62,663	45,022	38,626	52,403	29,500	33,606
Short-Term Investments	688.89	37,292	38,139	54,952	53,298	27,969
Cash & Short-Term Investments	63,352	82,313	76,765	107,355	82,798	61,575
Cash Growth	-18.44%	7.23%	-28.49%	29.66%	34.47%	63.98%
Accounts Receivable	103,219	107,371	66,587	67,589	60,906	44,230
Other Receivables	1,846	1,300	706.79	1,887	1,462	683.1
Receivables	105,856	109,062	67,483	69,913	62,728	45,147
Inventory	82,911	62,394	51,567	43,054	36,709	32,788
Prepaid Expenses	5,760	4,663	2,675	2,629	2,215	1,627
Other Current Assets	7,082	10,463	8,855	5,297	7,766	6,217
Total Current Assets	264,962	268,897	207,346	228,247	192,217	147,354
Property, Plant & Equipment	202,327	188,519	184,409	162,102	132,244	118,513
Long-Term Investments	22,126	20,909	22,259	19,417	21,002	14,151
Goodwill	-	7,436	7,436	7,436	7,436	7,436
Other Intangible Assets	17,880	5,427	4,175	3,068	2,765	2,015
Long-Term Deferred Tax Assets	9,870	8,589	6,335	4,310	3,384	2,129
Long-Term Deferred Charges	-	4,628	4,399	4,552	5,605	5,035
Other Long-Term Assets	16,294	8,827	5,926	6,240	6,705	3,994
Total Assets	539,733	519,408	443,121	435,836	371,789	301,073
Accounts Payable	22,694	16,178	9,935	10,977	13,405	10,374
Accrued Expenses	11,028	8,226	7,244	7,058	6,120	5,737
Short-Term Debt	27,000	25,000	25,200	22,900	24,200	22,695
Current Portion of Long-Term Debt	11,250	12,025	1,760	3,052	5,007	3,568
Current Portion of Leases	871.18	599.95	280.32	251.36	319.25	164.45
Current Income Taxes Payable	5,346	14,413	2,740	11,145	15,323	6,548
Other Current Liabilities	15,876	13,383	13,801	16,201	11,245	11,292
Total Current Liabilities	94,065	89,824	60,961	71,584	75,620	60,378
Long-Term Debt	3,600	625	9,400	8,353	7,303	6,518
Long-Term Leases	1,702	1,462	600.33	631.23	803.83	137.66
Pension & Post-Retirement Benefits	5,635	5,167	4,151	3,199	3,859	4,888
Long-Term Deferred Tax Liabilities	749.99	689.19	1,002	1,118	3,706	-
Other Long-Term Liabilities	16,169	17,012	14,811	20,175	10,319	4,234
Total Liabilities	121,921	114,778	90,925	105,060	101,611	76,156
Common Stock	5,531	5,531	5,531	5,531	5,531	5,531
Additional Paid-In Capital	41,761	42,849	40,538	31,212	28,063	26,783
Retained Earnings	310,759	296,315	246,486	252,170	207,327	164,992
Treasury Stock	-6,867	-6,867	-9,382	-2,748	-4,916	-5,277
Comprehensive Income & Other	4,197	4,943	10,146	3,695	4,049	3,070
Total Common Equity	355,381	342,772	293,319	289,860	240,054	195,099
Minority Interest	57,349	56,927	54,505	40,915	30,125	29,819
Shareholders' Equity	417,811	404,630	352,196	330,776	270,179	224,917
Total Liabilities & Equity	539,733	519,408	443,121	435,836	371,789	301,073
Total Debt	44,423	39,712	37,241	35,187	37,633	33,084
Net Cash (Debt)	18,929	42,602	39,525	72,168	45,165	28,491
Net Cash Growth	-51.33%	7.79%	-45.23%	59.79%	58.52%	309.49%
Net Cash Per Share	1755.01	3967.51	3690.22	6683.77	4245.73	2723.10
Filing Date Shares Outstanding	10.79	10.79	10.68	10.88	10.65	10.61
Total Common Shares Outstanding	10.79	10.79	10.68	10.86	10.65	10.61
Working Capital	170,897	179,073	146,385	156,663	116,597	86,976
Book Value Per Share	32949.80	31780.74	27452.87	26686.16	22550.16	18380.01
Tangible Book Value	337,500	329,909	281,707	279,356	229,853	185,648
Tangible Book Value Per Share	31291.99	30588.13	26366.12	25719.08	21591.93	17489.63
Land	-	22,908	22,593	18,632	18,350	14,787
Buildings	-	61,894	60,389	39,245	38,071	32,795
Machinery	-	267,032	237,458	216,038	215,578	192,709
Construction In Progress	-	6,591	13,604	25,631	1,871	13,591

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