HIGEN Motor Co., Ltd. (KOSDAQ:160190)

HIGEN Motor Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	17,124	10,206	17,712	14,791	23,509	27,983
Short-Term Investments	5,000	19,072	8,000	10,000	-	-
Trading Asset Securities	4,001	3,976	-	-	-	-
Cash & Short-Term Investments	26,125	33,254	25,712	24,791	23,509	27,983
Cash Growth	-29.51%	29.33%	3.72%	5.45%	-15.99%	14.93%
Accounts Receivable	10,176	11,630	8,982	10,967	13,037	10,021
Other Receivables	100.83	304.74	188.12	470.21	209.02	329.32
Receivables	10,277	11,935	9,170	11,437	13,247	10,350
Inventory	15,178	16,671	15,292	16,186	18,194	10,014
Prepaid Expenses	72.31	58.73	60.67	63.88	78.33	61.2
Other Current Assets	1,205	894.73	603.18	1,566	1,305	1,368
Total Current Assets	52,857	62,814	50,838	54,044	56,333	49,776
Property, Plant & Equipment	27,952	26,785	26,982	27,337	28,282	28,924
Long-Term Investments	345.64	344.56	243.47	223.92	348.96	442.69
Goodwill	28,486	28,486	28,486	28,486	28,486	28,486
Other Intangible Assets	1,313	1,323	638.88	634.24	639.66	281.81
Long-Term Accounts Receivable	15.69	45.77	-	-	-	-
Long-Term Deferred Charges	35.26	-	-	-	-	-
Other Long-Term Assets	389.06	386.3	331.41	291.45	287.87	277.21
Total Assets	111,394	120,185	107,521	111,017	114,378	108,188
Accounts Payable	5,186	6,845	5,858	7,060	10,456	5,605
Accrued Expenses	2,406	3,770	3,446	2,003	1,253	1,231
Short-Term Debt	6,000	8,000	8,000	32,000	23,000	23,000
Current Portion of Long-Term Debt	6,200	16,000	6,500	6,408	20,830	1,830
Current Portion of Leases	265.93	301.14	276.29	159.91	132.82	128.63
Current Income Taxes Payable	-	-	-	50.23	-	-
Other Current Liabilities	2,601	1,457	2,567	4,874	4,936	3,869
Total Current Liabilities	22,659	36,373	26,648	52,554	60,608	35,665
Long-Term Debt	15,750	5,000	25,500	6,250	5,408	26,238
Long-Term Leases	115.06	195.63	230.99	131.05	39.78	108.14
Long-Term Deferred Tax Liabilities	1,432	1,380	1,943	1,953	2,043	1,472
Other Long-Term Liabilities	416.73	1,106	638.77	51.3	51.3	51.3
Total Liabilities	47,659	51,811	61,489	67,691	75,295	70,922
Common Stock	15,444	15,444	13,693	29,500	29,500	29,500
Additional Paid-In Capital	13,096	24,483	2,867	2,867	2,867	2,867
Retained Earnings	36,291	40,357	42,387	39,335	34,812	33,939
Treasury Stock	-2,580	-13,968	-13,968	-29,775	-29,775	-29,775
Comprehensive Income & Other	763.7	1,268	335.63	695.33	939.49	65.4
Total Common Equity	63,014	67,584	45,315	42,623	38,344	36,597
Minority Interest	720.71	789.69	716.71	702.88	738.85	669.61
Shareholders' Equity	63,735	68,374	46,032	43,326	39,083	37,266
Total Liabilities & Equity	111,394	120,185	107,521	111,017	114,378	108,188
Total Debt	28,331	29,497	40,507	44,948	49,410	51,304
Net Cash (Debt)	-2,206	3,758	-14,795	-20,158	-25,901	-23,322
Net Cash Per Share	-79.06	143.50	-606.69	-826.60	-1026.60	-818.28
Filing Date Shares Outstanding	27.89	27.89	24.39	24.39	24.39	24.39
Total Common Shares Outstanding	27.89	27.89	24.39	24.39	24.39	24.39
Working Capital	30,198	26,440	24,191	1,490	-4,275	14,111
Book Value Per Share	2259.54	2423.42	1858.24	1747.85	1572.37	1500.72
Tangible Book Value	33,215	37,774	16,190	13,503	9,218	7,829
Tangible Book Value Per Share	1191.02	1354.50	663.90	553.70	378.00	321.03
Land	10,333	10,333	10,333	10,333	10,333	10,333
Buildings	19,615	19,455	19,249	19,248	19,278	19,080
Machinery	20,876	21,495	19,675	29,538	29,436	27,623
Construction In Progress	1,312	223.65	161.33	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.