Spigen Korea Co.,Ltd Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	45,647	35,303	63,071	65,730	73,995
Short-Term Investments	60,748	51,325	6,489	21,521	45,838
Trading Asset Securities	49,261	39,956	34,672	44,813	47,148
Cash & Short-Term Investments	155,656	126,583	104,232	132,064	166,981
Cash Growth	22.97%	21.44%	-21.07%	-20.91%	13.33%
Accounts Receivable	15,677	18,969	15,199	14,385	13,851
Other Receivables	372.67	2,752	1,152	3,535	2,883
Receivables	16,049	21,722	16,428	17,920	21,758
Inventory	84,945	93,808	87,091	74,132	51,506
Prepaid Expenses	14,333	17,369	15,400	16,340	14,278
Other Current Assets	5,346	5,253	3,475	2,886	1,561
Total Current Assets	276,328	264,736	226,626	243,341	256,084
Property, Plant & Equipment	202,348	195,976	175,273	96,394	52,219
Long-Term Investments	58,946	74,363	77,699	95,217	90,464
Goodwill	432.5	432.5	1,253	432.5	432.5
Other Intangible Assets	7,898	7,840	9,816	7,988	11,864
Long-Term Deferred Tax Assets	18,286	16,540	15,751	20,194	12,547
Other Long-Term Assets	8,828	7,675	7,717	9,410	35,627
Total Assets	574,068	569,003	515,522	473,976	460,238
Accounts Payable	6,658	11,911	9,610	8,451	10,549
Accrued Expenses	6,626	7,749	5,104	8,429	8,473
Short-Term Debt	-	-	-	-	5,928
Current Portion of Leases	701.72	1,176	2,094	2,511	3,773
Current Income Taxes Payable	4,127	4,438	4,968	8,874	9,927
Other Current Liabilities	14,423	17,553	15,609	12,417	10,523
Total Current Liabilities	32,536	42,827	37,385	40,682	49,172
Long-Term Leases	5,733	743.54	2,028	1,319	3,494
Pension & Post-Retirement Benefits	4,430	4,045	3,162	2,753	2,819
Long-Term Deferred Tax Liabilities	102.58	2,174	1,936	3,378	4,303
Other Long-Term Liabilities	950.33	1,139	1,418	953.5	2,150
Total Liabilities	43,751	50,928	45,929	49,086	61,938
Common Stock	3,108	3,108	3,108	3,108	3,108
Additional Paid-In Capital	44,228	59,228	59,228	59,228	59,228
Retained Earnings	459,098	416,903	389,989	354,220	326,268
Treasury Stock	-15,586	-8,576	-8,576	-8,576	-8,576
Comprehensive Income & Other	38,246	46,434	23,758	15,069	16,804
Total Common Equity	529,094	517,097	467,507	423,049	396,832
Minority Interest	1,223	978.14	2,086	1,841	1,468
Shareholders' Equity	530,317	518,075	469,593	424,890	398,300
Total Liabilities & Equity	574,068	569,003	515,522	473,976	460,238
Total Debt	6,434	1,920	4,122	3,830	13,194
Net Cash (Debt)	149,222	124,663	100,110	128,234	153,787
Net Cash Growth	19.70%	24.53%	-21.93%	-16.62%	16.82%
Net Cash Per Share	25536.70	20676.52	16602.41	21266.53	25504.29
Filing Date Shares Outstanding	5.76	6.03	6.03	6.03	6.03
Total Common Shares Outstanding	5.76	6.03	6.03	6.03	6.03
Working Capital	243,793	221,909	189,241	202,659	206,911
Book Value Per Share	91786.35	85756.48	77532.27	70159.37	65811.45
Tangible Book Value	520,763	508,825	456,438	414,629	384,535
Tangible Book Value Per Share	90341.14	84384.55	75696.58	68762.92	63772.17
Land	57,477	57,731	56,420	55,047	29,486
Buildings	67,174	67,866	62,334	24,885	15,468
Machinery	6,634	6,289	5,260	1,795	1,506
Construction In Progress	79,352	71,594	50,083	14,394	686.98

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.