HIGEN Motor Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	17,154	22,702	10,206	17,712	14,791	23,509
Short-Term Investments	45,330	40,341	19,072	8,000	10,000	-
Trading Asset Securities	8,994	8,994	3,976	-	-	-
Cash & Short-Term Investments	71,478	72,037	33,254	25,712	24,791	23,509
Cash Growth	148.78%	116.62%	29.33%	3.72%	5.45%	-15.99%
Accounts Receivable	11,161	14,554	11,630	8,982	10,967	13,037
Other Receivables	695.09	340.89	304.74	188.12	470.21	209.02
Receivables	11,856	14,895	11,935	9,170	11,437	13,247
Inventory	15,576	16,375	16,671	15,292	16,186	18,194
Prepaid Expenses	191.09	360.96	58.73	60.67	63.88	78.33
Other Current Assets	1,241	1,279	894.73	603.18	1,566	1,305
Total Current Assets	100,342	104,946	62,814	50,838	54,044	56,333
Property, Plant & Equipment	30,782	30,059	26,785	26,982	27,337	28,282
Long-Term Investments	1,460	1,458	344.56	243.47	223.92	348.96
Goodwill	28,486	28,486	28,486	28,486	28,486	28,486
Other Intangible Assets	1,202	1,238	1,323	638.88	634.24	639.66
Long-Term Accounts Receivable	-	-	45.77	-	-	-
Long-Term Deferred Charges	347.46	264.77	-	-	-	-
Other Long-Term Assets	68.78	70.26	386.3	331.41	291.45	287.87
Total Assets	162,689	166,522	120,185	107,521	111,017	114,378
Accounts Payable	7,633	7,159	6,845	5,858	7,060	10,456
Accrued Expenses	3,019	3,606	3,770	3,446	2,003	1,253
Short-Term Debt	6,000	6,000	8,000	8,000	32,000	23,000
Current Portion of Long-Term Debt	8,200	8,200	16,000	6,500	6,408	20,830
Current Portion of Leases	234.09	182.89	301.14	276.29	159.91	132.82
Current Income Taxes Payable	9,009	9,117	-	-	50.23	-
Other Current Liabilities	2,822	3,593	1,457	2,567	4,874	4,936
Total Current Liabilities	36,918	37,859	36,373	26,648	52,554	60,608
Long-Term Debt	11,350	12,150	5,000	25,500	6,250	5,408
Long-Term Leases	59.11	64.44	195.63	230.99	131.05	39.78
Pension & Post-Retirement Benefits	7,967	7,784	7,756	6,529	6,752	7,145
Long-Term Deferred Tax Liabilities	1,413	1,087	1,380	1,943	1,953	2,043
Other Long-Term Liabilities	362.46	649.09	1,106	638.77	51.3	51.3
Total Liabilities	58,069	59,593	51,811	61,489	67,691	75,295
Common Stock	15,444	15,444	15,444	13,693	29,500	29,500
Additional Paid-In Capital	69,287	69,287	24,483	2,867	2,867	2,867
Retained Earnings	29,768	32,977	40,357	42,387	39,335	34,812
Treasury Stock	-1,595	-1,595	-2,580	-13,968	-29,775	-29,775
Comprehensive Income & Other	-9,096	-9,949	-10,119	335.63	695.33	939.49
Total Common Equity	103,808	106,164	67,584	45,315	42,623	38,344
Minority Interest	812.18	765.64	789.69	716.71	702.88	738.85
Shareholders' Equity	104,620	106,929	68,374	46,032	43,326	39,083
Total Liabilities & Equity	162,689	166,522	120,185	107,521	111,017	114,378
Total Debt	25,843	26,597	29,497	40,507	44,948	49,410
Net Cash (Debt)	45,635	45,439	3,758	-14,795	-20,158	-25,901
Net Cash Growth	-	1109.30%	-	-	-	-
Net Cash Per Share	1609.09	1616.58	143.50	-606.69	-826.60	-1026.60
Filing Date Shares Outstanding	28.91	29.03	27.89	24.39	24.39	24.39
Total Common Shares Outstanding	28.91	29.03	27.89	24.39	24.39	24.39
Working Capital	63,424	67,087	26,440	24,191	1,490	-4,275
Book Value Per Share	3590.35	3656.64	2423.42	1858.24	1747.85	1572.37
Tangible Book Value	74,119	76,440	37,774	16,190	13,503	9,218
Tangible Book Value Per Share	2563.52	2632.85	1354.50	663.90	553.70	378.00
Land	10,333	10,333	10,333	10,333	10,333	10,333
Buildings	22,273	21,984	19,455	19,249	19,248	19,278
Machinery	22,848	22,014	21,495	19,675	29,538	29,436
Construction In Progress	1,997	1,374	223.65	161.33	-	-