DaeChang Steel 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	11,925	5,925	5,743	13,297	6,310
Short-Term Investments	-	-	-	-	3,580
Trading Asset Securities	-	3,176	472.64	1,173	1,220
Cash & Short-Term Investments	11,925	9,102	6,215	14,470	11,109
Cash Growth	31.03%	46.44%	-57.05%	30.25%	20.35%
Accounts Receivable	71,630	78,931	89,081	75,297	63,546
Other Receivables	465.27	299.72	217.55	5,703	475.01
Receivables	72,187	79,287	96,430	86,214	65,097
Inventory	79,350	85,631	77,127	73,088	43,588
Other Current Assets	145.63	957.71	127.02	168.55	297.99
Total Current Assets	163,608	174,977	179,899	173,941	120,093
Property, Plant & Equipment	62,263	63,683	63,260	47,466	49,137
Long-Term Investments	3,635	3,168	3,575	2,653	9,334
Other Intangible Assets	1,311	1,280	1,013	992.62	574.35
Long-Term Accounts Receivable	-	-	-0	0	-
Other Long-Term Assets	15,567	13,116	10,715	14,858	64,102
Total Assets	253,884	262,224	258,463	239,911	265,163
Accounts Payable	37,757	35,826	38,927	35,415	31,460
Accrued Expenses	260.04	288.1	408.35	347.75	439.36
Short-Term Debt	49,069	57,544	49,800	13,870	77,800
Current Portion of Long-Term Debt	4,637	5,833	2,000	-	29,100
Current Portion of Leases	149.92	132.15	116.34	110.34	88.7
Current Income Taxes Payable	-	-	195.02	9,739	1,188
Other Current Liabilities	3,113	3,676	3,673	4,826	13,390
Total Current Liabilities	94,986	103,301	95,119	64,308	153,466
Long-Term Debt	4,804	5,333	8,167	3,000	-
Long-Term Leases	245.77	103.84	129.24	132.51	100.43
Long-Term Deferred Tax Liabilities	2,878	2,390	2,164	4,518	3,716
Other Long-Term Liabilities	1,677	1,628	1,099	1,063	158
Total Liabilities	104,591	112,755	106,677	73,022	157,440
Common Stock	10,555	10,555	10,555	10,555	10,555
Additional Paid-In Capital	12,663	12,663	12,663	13,769	13,769
Retained Earnings	125,666	125,966	128,341	128,932	76,362
Treasury Stock	-4.92	-4.92	-4.92	-4.92	-4.92
Comprehensive Income & Other	414.28	289.75	231.16	174.45	225.27
Total Common Equity	149,293	149,469	151,785	153,425	100,906
Minority Interest	-	-	-	13,463	6,817
Shareholders' Equity	149,293	149,469	151,785	166,888	107,723
Total Liabilities & Equity	253,884	262,224	258,463	239,911	265,163
Total Debt	58,906	68,947	60,212	17,113	107,089
Net Cash (Debt)	-46,981	-59,846	-53,997	-2,643	-95,980
Net Cash Per Share	-2220.41	-2821.97	-2558.14	-125.20	-4619.61
Filing Date Shares Outstanding	21.31	21.11	21.11	21.11	21.11
Total Common Shares Outstanding	21.31	21.11	21.11	21.11	21.11
Working Capital	68,622	71,677	84,781	109,633	-33,374
Book Value Per Share	7005.56	7081.20	7190.95	7268.65	4780.49
Tangible Book Value	147,982	148,189	150,772	152,433	100,331
Tangible Book Value Per Share	6944.04	7020.57	7142.94	7221.62	4753.28
Land	38,012	38,012	38,012	29,729	29,729
Buildings	27,465	27,294	27,137	19,423	19,384
Machinery	29,635	25,821	25,913	25,189	23,343

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