Spigen Korea Co.,Ltd (KOSDAQ:192440)

Spigen Korea Co.,Ltd 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	30,627	35,303	63,071	65,730	73,995	90,426
Short-Term Investments	-	51,325	6,489	21,521	45,838	15,229
Trading Asset Securities	107,956	39,956	34,672	44,813	47,148	41,691
Cash & Short-Term Investments	138,583	126,583	104,232	132,064	166,981	147,345
Cash Growth	-20.17%	21.44%	-21.07%	-20.91%	13.33%	24.96%
Accounts Receivable	23,768	18,969	15,199	14,385	13,851	13,179
Other Receivables	-	2,752	1,152	3,535	2,883	657.17
Receivables	23,768	21,722	16,428	17,920	21,758	13,859
Inventory	87,599	93,808	87,091	74,132	51,506	44,729
Prepaid Expenses	15,491	17,369	15,400	16,340	14,278	13,102
Other Current Assets	5,593	5,253	3,475	2,886	1,561	2,009
Total Current Assets	271,033	264,736	226,626	243,341	256,084	221,045
Property, Plant & Equipment	203,384	195,976	175,273	96,394	52,219	55,781
Long-Term Investments	70,647	74,363	77,699	95,217	90,464	62,942
Goodwill	432.5	432.5	1,253	432.5	432.5	5,178
Other Intangible Assets	7,870	7,840	9,816	7,988	11,864	12,791
Long-Term Deferred Tax Assets	16,874	16,540	15,751	20,194	12,547	8,621
Other Long-Term Assets	6,568	7,675	7,717	9,410	35,627	39,010
Total Assets	576,807	569,003	515,522	473,976	460,238	405,368
Accounts Payable	20,957	11,911	9,610	8,451	10,549	11,425
Accrued Expenses	-	3,721	5,104	8,429	8,473	6,940
Short-Term Debt	16,221	-	-	-	5,928	5,440
Current Portion of Leases	756.66	1,176	2,094	2,511	3,773	3,449
Current Income Taxes Payable	3,517	4,438	4,968	8,874	9,927	11,670
Other Current Liabilities	3,436	21,581	15,609	12,417	10,523	13,297
Total Current Liabilities	44,888	42,827	37,385	40,682	49,172	52,221
Long-Term Leases	5,734	743.54	2,028	1,319	3,494	6,814
Pension & Post-Retirement Benefits	4,560	4,045	3,162	2,753	2,819	2,920
Long-Term Deferred Tax Liabilities	97.92	2,174	1,936	3,378	4,303	3,994
Other Long-Term Liabilities	1,059	1,139	1,418	953.5	2,150	1,912
Total Liabilities	56,339	50,928	45,929	49,086	61,938	67,861
Common Stock	3,108	3,108	3,108	3,108	3,108	3,108
Additional Paid-In Capital	44,228	59,228	59,228	59,228	59,228	59,228
Retained Earnings	449,106	416,903	389,989	354,220	326,268	287,669
Treasury Stock	-15,586	-8,576	-8,576	-8,576	-8,576	-8,576
Comprehensive Income & Other	38,609	46,434	23,758	15,069	16,804	-5,394
Total Common Equity	519,465	517,097	467,507	423,049	396,832	336,034
Minority Interest	1,003	978.14	2,086	1,841	1,468	1,473
Shareholders' Equity	520,469	518,075	469,593	424,890	398,300	337,508
Total Liabilities & Equity	576,807	569,003	515,522	473,976	460,238	405,368
Total Debt	22,711	1,920	4,122	3,830	13,194	15,704
Net Cash (Debt)	115,871	124,663	100,110	128,234	153,787	131,642
Net Cash Growth	-32.42%	24.53%	-21.93%	-16.62%	16.82%	34.02%
Net Cash Per Share	19606.72	20674.43	16602.41	21266.53	25504.29	21831.77
Filing Date Shares Outstanding	6.03	6.03	6.03	6.03	6.03	6.03
Total Common Shares Outstanding	6.03	6.03	6.03	6.03	6.03	6.03
Working Capital	226,145	221,909	189,241	202,659	206,911	168,824
Book Value Per Share	86149.17	85756.48	77532.27	70159.37	65811.45	55728.63
Tangible Book Value	511,163	508,825	456,438	414,629	384,535	318,065
Tangible Book Value Per Share	84772.35	84384.55	75696.58	68762.92	63772.17	52748.49
Land	57,239	57,731	56,420	55,047	29,486	29,486
Buildings	54,535	67,866	62,334	24,885	15,468	14,630
Machinery	3,521	6,289	5,260	1,795	1,506	1,680
Construction In Progress	79,352	71,594	50,083	14,394	686.98	67.26

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