Ark Solutions Inc (KOSDAQ:203690)

Ark Solutions Balance Sheet

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

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

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.