Ark Solutions Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3,930	9,659	8,185	3,037	1,376	9,785
Short-Term Investments	-	-	20,000	0	4,887	6,573
Trading Asset Securities	40	9,164	-	-	-	-
Cash & Short-Term Investments	3,970	18,824	28,185	3,037	6,263	16,358
Cash Growth	-72.85%	-33.21%	828.15%	-51.52%	-61.71%	25.89%
Accounts Receivable	2,243	3,723	4,371	3,596	4,422	-
Other Receivables	192.83	50.62	2,878	146.57	278.83	-
Receivables	2,436	3,773	7,295	3,842	4,701	28.6
Inventory	3,630	3,787	4,559	5,677	3,751	5,063
Prepaid Expenses	36.48	48.2	47.64	28.65	187.58	-
Other Current Assets	805.17	401.79	114.81	659.5	458.31	6,548
Total Current Assets	10,877	26,833	40,201	13,244	15,361	27,998
Property, Plant & Equipment	25,156	24,913	25,118	21,264	30,951	21,315
Long-Term Investments	585.96	651.05	515.78	6,323	902.9	1,290
Goodwill	-	-	-	1,657	1,657	4,484
Other Intangible Assets	58.42	72.29	697.86	2,288	2,424	2,714
Long-Term Accounts Receivable	-	-	-	353.68	0	-
Long-Term Deferred Tax Assets	-	-	-	-	-	139.07
Long-Term Deferred Charges	-	-	-	-	-	128.93
Other Long-Term Assets	7,083	8,578	10,656	11,936	1,840	459.87
Total Assets	43,761	61,048	77,189	57,066	53,162	59,811
Accounts Payable	360.26	1,241	1,383	4,080	2,464	1,659
Accrued Expenses	140.51	435.68	452.06	236.18	169.78	198.72
Short-Term Debt	4,000	23,557	30,082	23,287	28,641	29,475
Current Portion of Long-Term Debt	6,820	2,720	2,200	2,200	-	-
Current Portion of Leases	596.96	311.74	524.04	415.39	485.56	465.59
Current Income Taxes Payable	-	-	-	-	-	303.96
Other Current Liabilities	640.94	3,890	7,484	7,725	3,574	1,619
Total Current Liabilities	12,559	32,156	42,125	37,943	35,334	33,721
Long-Term Debt	-	-	2,720	2,720	2,200	2,200
Long-Term Leases	535.08	30.44	41.31	373.33	668.19	2,393
Pension & Post-Retirement Benefits	377.43	172.51	128.67	289.84	599.1	160.15
Long-Term Deferred Tax Liabilities	2,531	2,520	1,074	1,275	209.66	-
Other Long-Term Liabilities	281.19	225.33	169.78	176.27	222.73	227.81
Total Liabilities	16,283	35,105	46,259	42,777	39,233	38,702
Common Stock	8,692	7,387	6,211	4,591	4,576	4,576
Additional Paid-In Capital	58,115	50,197	44,378	10,566	9,281	9,281
Retained Earnings	-43,828	-36,140	-26,576	-2,270	2,919	9,905
Treasury Stock	-3,320	-3,320	-3,320	-3,307	-3,307	-3,307
Comprehensive Income & Other	7,820	7,820	9,739	4,709	459.92	654.72
Total Common Equity	27,478	25,943	30,432	14,289	13,929	21,109
Shareholders' Equity	27,478	25,943	30,930	14,289	13,929	21,109
Total Liabilities & Equity	43,761	61,048	77,189	57,066	53,162	59,811
Total Debt	11,952	26,620	35,568	28,996	31,994	34,534
Net Cash (Debt)	-7,982	-7,796	-7,383	-25,959	-25,731	-18,176
Net Cash Per Share	-508.38	-604.12	-780.72	-2879.15	-2463.70	-2023.14
Filing Date Shares Outstanding	17.22	14.61	12.26	9.02	8.99	8.99
Total Common Shares Outstanding	17.22	14.61	12.26	9.02	8.99	8.99
Working Capital	-1,682	-5,323	-1,924	-24,699	-19,973	-5,723
Book Value Per Share	1596.08	1776.08	2483.22	1584.74	1549.90	2348.86
Tangible Book Value	27,419	25,871	29,734	10,344	9,848	13,911
Tangible Book Value Per Share	1592.68	1771.13	2426.27	1147.21	1095.76	1547.95
Land	5,421	5,421	5,272	3,677	4,819	6,724
Buildings	15,636	15,636	16,345	14,315	16,711	8,959
Machinery	7,090	6,932	7,033	8,763	11,041	8,630
Construction In Progress	350	92.88	-	395.13	3,393	638.1

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