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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	126,900	63,071	65,730	73,995	90,426	51,651
Short-Term Investments	6,285	6,489	21,521	45,838	15,229	32,709
Trading Asset Securities	40,408	34,672	44,813	47,148	41,691	33,558
Cash & Short-Term Investments	173,593	104,232	132,064	166,981	147,345	117,918
Cash Growth	50.84%	-21.07%	-20.91%	13.33%	24.96%	-14.93%
Accounts Receivable	20,000	15,199	14,385	13,851	13,179	16,761
Other Receivables	2,129	1,152	3,535	2,883	657.17	681.24
Receivables	22,153	16,428	17,920	21,758	13,859	17,467
Inventory	97,720	87,091	74,132	51,506	44,729	31,205
Prepaid Expenses	17,356	15,400	16,340	14,278	13,102	8,322
Other Current Assets	5,585	3,475	2,886	1,561	2,009	11,275
Total Current Assets	316,405	226,626	243,341	256,084	221,045	186,187
Property, Plant & Equipment	130,509	175,273	96,394	52,219	55,781	59,244
Long-Term Investments	66,075	77,699	95,217	90,464	62,942	54,468
Goodwill	1,272	1,253	432.5	432.5	5,178	5,496
Other Intangible Assets	7,723	9,816	7,988	11,864	12,791	12,352
Long-Term Deferred Tax Assets	15,364	15,751	20,194	12,547	8,621	5,870
Other Long-Term Assets	7,766	7,717	9,410	35,627	39,010	22,634
Total Assets	546,510	515,522	473,976	460,238	405,368	346,251
Accounts Payable	19,251	9,610	8,451	10,549	11,425	6,891
Accrued Expenses	4,331	5,104	8,429	8,473	6,940	4,898
Short-Term Debt	-	-	-	5,928	5,440	5,789
Current Portion of Leases	1,193	2,094	2,511	3,773	3,449	3,454
Current Income Taxes Payable	4,650	4,968	8,874	9,927	11,670	6,533
Other Current Liabilities	20,726	15,609	12,417	10,523	13,297	8,518
Total Current Liabilities	50,151	37,385	40,682	49,172	52,221	36,083
Long-Term Leases	946.24	2,028	1,319	3,494	6,814	10,447
Long-Term Deferred Tax Liabilities	1,904	1,936	3,378	4,303	3,994	-
Other Long-Term Liabilities	1,206	1,418	953.5	2,150	1,912	2,141
Total Liabilities	57,920	45,929	49,086	61,938	67,861	51,642
Common Stock	3,108	3,108	3,108	3,108	3,108	3,108
Additional Paid-In Capital	59,228	59,228	59,228	59,228	59,228	59,228
Retained Earnings	409,966	393,492	354,220	326,268	287,669	242,016
Treasury Stock	-8,576	-8,576	-8,576	-8,576	-8,576	-8,576
Comprehensive Income & Other	23,436	20,255	15,069	16,804	-5,394	-1,318
Total Common Equity	487,163	467,507	423,049	396,832	336,034	294,458
Minority Interest	1,427	2,086	1,841	1,468	1,473	150.35
Shareholders' Equity	488,590	469,593	424,890	398,300	337,508	294,609
Total Liabilities & Equity	546,510	515,522	473,976	460,238	405,368	346,251
Total Debt	2,139	4,122	3,830	13,194	15,704	19,690
Net Cash (Debt)	171,453	100,110	128,234	153,787	131,642	98,228
Net Cash Growth	55.49%	-21.93%	-16.62%	16.82%	34.02%	-26.15%
Net Cash Per Share	28434.19	16602.41	21266.53	25504.29	21831.77	16290.35
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	266,254	189,241	202,659	206,911	168,824	150,104
Book Value Per Share	80792.07	77532.27	70159.37	65811.45	55728.63	48833.60
Tangible Book Value	478,168	456,438	414,629	384,535	318,065	276,610
Tangible Book Value Per Share	79300.32	75696.58	68762.92	63772.17	52748.49	45873.62
Land	56,639	56,420	55,047	29,486	29,486	28,214
Buildings	65,630	62,334	24,885	15,468	14,630	13,318
Machinery	5,969	5,260	1,795	1,506	1,680	1,544
Construction In Progress	7,398	50,083	14,394	686.98	67.26	853.61

Source: S&P Capital IQ. Standard template. Financial Sources.