Spigen Korea Co.,Ltd 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	56,880	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	133,249	49,261	39,956	34,672	44,813	47,148
Cash & Short-Term Investments	190,129	155,656	126,583	104,232	132,064	166,981
Cash Growth	36.86%	22.97%	21.44%	-21.07%	-20.91%	13.33%
Accounts Receivable	12,782	15,677	18,969	15,199	14,385	13,851
Other Receivables	-	372.67	2,752	1,152	3,535	2,883
Receivables	12,782	16,049	21,722	16,428	17,920	21,758
Inventory	82,905	84,945	93,808	87,091	74,132	51,506
Prepaid Expenses	10,775	14,333	17,369	15,400	16,340	14,278
Other Current Assets	5,709	5,346	5,253	3,475	2,886	1,561
Total Current Assets	302,301	276,328	264,736	226,626	243,341	256,084
Property, Plant & Equipment	202,397	202,348	195,976	175,273	96,394	52,219
Long-Term Investments	63,380	58,946	74,363	77,699	95,217	90,464
Goodwill	432.5	432.5	432.5	1,253	432.5	432.5
Other Intangible Assets	6,637	7,898	7,840	9,816	7,988	11,864
Long-Term Deferred Tax Assets	19,690	18,286	16,540	15,751	20,194	12,547
Other Long-Term Assets	2,256	8,828	7,675	7,717	9,410	35,627
Total Assets	597,094	574,068	569,003	515,522	473,976	460,238
Accounts Payable	8,832	6,658	11,911	9,610	8,451	10,549
Accrued Expenses	4,203	6,626	7,749	5,104	8,429	8,473
Short-Term Debt	10,576	-	-	-	-	5,928
Current Portion of Leases	779.05	701.72	1,176	2,094	2,511	3,773
Current Income Taxes Payable	6,177	4,127	4,438	4,968	8,874	9,927
Other Current Liabilities	2,902	14,423	17,553	15,609	12,417	10,523
Total Current Liabilities	33,470	32,536	42,827	37,385	40,682	49,172
Long-Term Leases	5,841	5,733	743.54	2,028	1,319	3,494
Pension & Post-Retirement Benefits	4,606	4,430	4,045	3,162	2,753	2,819
Long-Term Deferred Tax Liabilities	102.16	102.58	2,174	1,936	3,378	4,303
Other Long-Term Liabilities	991.71	950.33	1,139	1,418	953.5	2,150
Total Liabilities	45,010	43,751	50,928	45,929	49,086	61,938
Common Stock	3,108	3,108	3,108	3,108	3,108	3,108
Additional Paid-In Capital	29,228	44,228	59,228	59,228	59,228	59,228
Retained Earnings	485,856	459,098	416,903	389,989	354,220	326,268
Treasury Stock	-15,586	-15,586	-8,576	-8,576	-8,576	-8,576
Comprehensive Income & Other	48,212	38,246	46,434	23,758	15,069	16,804
Total Common Equity	550,817	529,094	517,097	467,507	423,049	396,832
Minority Interest	1,266	1,223	978.14	2,086	1,841	1,468
Shareholders' Equity	552,083	530,317	518,075	469,593	424,890	398,300
Total Liabilities & Equity	597,094	574,068	569,003	515,522	473,976	460,238
Total Debt	17,196	6,434	1,920	4,122	3,830	13,194
Net Cash (Debt)	172,933	149,222	124,663	100,110	128,234	153,787
Net Cash Growth	42.76%	19.70%	24.53%	-21.93%	-16.62%	16.82%
Net Cash Per Share	29920.03	25539.00	20674.43	16602.41	21266.53	25504.29
Filing Date Shares Outstanding	5.78	5.76	6.03	6.03	6.03	6.03
Total Common Shares Outstanding	5.78	5.76	6.03	6.03	6.03	6.03
Working Capital	268,831	243,793	221,909	189,241	202,659	206,911
Book Value Per Share	95369.40	91806.01	85756.48	77532.27	70159.37	65811.45
Tangible Book Value	543,748	520,763	508,825	456,438	414,629	384,535
Tangible Book Value Per Share	94145.33	90360.49	84384.55	75696.58	68762.92	63772.17
Land	58,047	57,477	57,731	56,420	55,047	29,486
Buildings	53,570	67,174	67,866	62,334	24,885	15,468
Machinery	2,990	6,634	6,289	5,260	1,795	1,506
Construction In Progress	79,404	79,352	71,594	50,083	14,394	686.98