Shin Steel 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	25,690	13,159	15,589	7,543	9,329	14,352
Short-Term Investments	3,475	2,908	3,746	10,763	9,279	2,804
Trading Asset Securities	-	-	528.98	508.5	-	-
Cash & Short-Term Investments	29,165	16,067	19,864	18,814	18,608	17,156
Cash Growth	86.92%	-19.12%	5.58%	1.11%	8.47%	71.61%
Accounts Receivable	72,705	59,432	76,308	69,220	64,394	42,675
Other Receivables	330.74	33.11	1,198	651.79	672.68	840.14
Receivables	73,342	59,773	77,817	70,190	65,394	43,844
Inventory	54,458	47,872	50,949	37,892	38,202	37,979
Prepaid Expenses	3,772	2,117	4,409	1,093	780.96	518.02
Other Current Assets	1,630	856.67	1,782	1,817	1,754	2,197
Total Current Assets	162,368	126,685	154,821	129,806	124,739	101,694
Property, Plant & Equipment	59,395	58,396	60,158	42,611	27,118	31,002
Long-Term Investments	2,449	2,577	2,391	1,479	2,427	1,016
Other Intangible Assets	1,972	1,981	2,016	1,555	488.33	414.29
Long-Term Accounts Receivable	-0	-	-	-	-	-
Long-Term Deferred Tax Assets	278.91	290.72	193.75	-	2.37	-
Other Long-Term Assets	10,387	10,410	10,123	9,518	6,801	2,398
Total Assets	236,849	200,340	229,703	184,968	161,576	136,524
Accounts Payable	52,879	33,211	41,358	30,833	27,258	26,016
Accrued Expenses	1,227	1,192	1,269	966.76	685.16	569.52
Short-Term Debt	65,874	39,482	53,080	27,995	50,064	45,345
Current Portion of Long-Term Debt	16,978	17,344	4,247	6,176	4,680	6,420
Current Portion of Leases	196.4	171.05	299.16	304.25	318.37	322.02
Current Income Taxes Payable	1,297	498.86	1,491	1,239	1,660	4,208
Other Current Liabilities	7,102	6,081	17,263	8,527	2,639	3,495
Total Current Liabilities	145,553	97,981	119,006	76,042	87,304	86,376
Long-Term Debt	1,333	12,635	28,185	30,911	9,908	8,635
Long-Term Leases	103.46	172.72	133.19	276.99	474.01	493.63
Pension & Post-Retirement Benefits	244.72	240.85	178.86	298.97	-	389.01
Long-Term Deferred Tax Liabilities	1,094	1,264	1,022	1,086	729.25	1,016
Other Long-Term Liabilities	3,095	2,962	88.55	4,965	226.21	119.34
Total Liabilities	151,423	115,256	148,615	113,579	98,641	97,028
Common Stock	4,147	4,147	4,147	4,147	4,030	500
Additional Paid-In Capital	17,974	17,974	16,574	16,574	15,166	469.45
Retained Earnings	51,603	51,988	51,502	46,037	39,714	33,549
Treasury Stock	-1,485	-1,485	-1,485	-758.52	-758.52	-
Comprehensive Income & Other	13,187	12,460	10,350	5,390	4,783	4,977
Total Common Equity	85,426	85,084	81,088	71,389	62,935	39,495
Shareholders' Equity	85,426	85,084	81,088	71,389	62,935	39,495
Total Liabilities & Equity	236,849	200,340	229,703	184,968	161,576	136,524
Total Debt	84,485	69,806	85,944	65,663	65,444	61,216
Net Cash (Debt)	-55,320	-53,739	-66,080	-46,849	-46,836	-44,060
Net Cash Per Share	-1365.90	-1097.52	-1573.16	-1156.55	-1294.92	-1306.95
Filing Date Shares Outstanding	39.68	40.74	40.96	41.02	39.84	3.56
Total Common Shares Outstanding	39.68	40.74	40.96	41.02	39.84	3.56
Working Capital	16,814	28,704	35,815	53,764	37,436	15,318
Book Value Per Share	2152.67	2088.57	1979.59	1740.37	1579.54	11091.62
Tangible Book Value	83,453	83,103	79,072	69,835	62,446	39,081
Tangible Book Value Per Share	2102.97	2039.93	1930.38	1702.47	1567.29	10975.27
Land	19,108	18,808	18,808	17,997	13,310	17,438
Buildings	26,740	25,820	25,815	8,870	8,775	8,563
Machinery	14,962	14,573	9,684	8,462	8,223	7,945
Construction In Progress	9,483	9,351	13,690	13,591	1,609	313.41

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