Ark Solutions Inc (KOSDAQ: 203690)

Ark Solutions 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	5,972	8,185	3,037	1,376	9,785	6,063
Short-Term Investments	-	20,000	0	4,887	6,573	6,931
Trading Asset Securities	8,650	-	-	-	-	-
Cash & Short-Term Investments	14,622	28,185	3,037	6,263	16,358	12,994
Cash Growth	148.45%	828.15%	-51.52%	-61.71%	25.89%	-12.58%
Accounts Receivable	5,532	4,371	3,596	4,422	4,884	632.19
Other Receivables	12.57	2,878	146.57	278.83	2,360	346.12
Receivables	6,655	7,295	3,842	4,701	7,273	988.31
Inventory	4,386	4,559	5,677	3,751	5,063	653.27
Prepaid Expenses	23.34	47.64	28.65	187.58	192.42	180.68
Other Current Assets	110.75	114.81	659.5	458.31	496.12	398.26
Total Current Assets	25,796	40,201	13,244	15,361	29,383	15,214
Property, Plant & Equipment	32,352	25,118	21,264	30,951	21,315	14,199
Long-Term Investments	2,643	515.78	6,323	902.9	1,290	1,406
Goodwill	-	-	1,657	1,657	4,484	-
Other Intangible Assets	1,285	697.86	2,288	2,424	2,714	217.77
Long-Term Accounts Receivable	-	-	353.68	0	-	-
Long-Term Deferred Tax Assets	-	-	-	-	139.07	-
Long-Term Deferred Charges	-	-	-	-	128.93	251.66
Other Long-Term Assets	783.96	10,656	11,936	1,840	640.34	550.37
Total Assets	62,860	77,189	57,066	53,162	60,147	31,839
Accounts Payable	1,881	1,383	4,080	2,464	1,659	-
Accrued Expenses	362.28	452.06	236.18	169.78	198.72	137.2
Short-Term Debt	23,380	30,082	23,287	28,641	29,475	-
Current Portion of Long-Term Debt	2,720	2,200	2,200	-	-	-
Current Portion of Leases	97.57	524.04	415.39	485.56	465.59	286.17
Current Income Taxes Payable	-	-	-	-	303.96	-
Other Current Liabilities	2,814	7,484	7,725	3,574	1,619	1,165
Total Current Liabilities	31,255	42,125	37,943	35,334	33,721	1,589
Long-Term Debt	-	2,720	2,720	2,200	2,200	-
Long-Term Leases	13.31	41.31	373.33	668.19	2,393	1,291
Long-Term Deferred Tax Liabilities	1,074	1,074	1,275	209.66	-	-
Other Long-Term Liabilities	366.21	169.78	176.27	222.73	227.81	214.28
Total Liabilities	33,020	46,259	42,777	39,233	38,702	3,485
Common Stock	6,669	6,211	4,591	4,576	4,576	4,568
Additional Paid-In Capital	48,459	44,378	10,566	9,281	9,281	9,032
Retained Earnings	-32,411	-26,576	-2,270	2,919	10,241	17,311
Treasury Stock	-3,320	-3,320	-3,307	-3,307	-3,307	-3,307
Comprehensive Income & Other	9,839	9,739	4,709	459.92	654.72	750.67
Total Common Equity	29,236	30,432	14,289	13,929	21,445	28,354
Shareholders' Equity	29,840	30,930	14,289	13,929	21,445	28,354
Total Liabilities & Equity	62,860	77,189	57,066	53,162	60,147	31,839
Total Debt	26,211	35,568	28,996	31,994	34,534	1,578
Net Cash (Debt)	-11,590	-7,383	-25,959	-25,731	-18,176	11,416
Net Cash Growth	-	-	-	-	-	-23.20%
Net Cash Per Share	-953.52	-780.72	-2879.15	-2463.70	-2023.14	1276.55
Filing Date Shares Outstanding	13.17	12.26	9.02	8.99	8.99	8.97
Total Common Shares Outstanding	13.17	12.26	9.02	8.99	8.99	8.97
Working Capital	-5,459	-1,924	-24,699	-19,973	-4,338	13,626
Book Value Per Share	2219.85	2483.22	1584.74	1549.90	2386.27	3160.63
Tangible Book Value	27,951	29,734	10,344	9,848	14,248	28,136
Tangible Book Value Per Share	2122.25	2426.27	1147.21	1095.76	1585.35	3136.35
Land	8,159	5,272	3,677	4,819	6,724	4,198
Buildings	19,610	16,345	14,315	16,711	8,959	5,998
Machinery	3,557	7,033	8,763	11,041	8,630	4,312
Construction In Progress	-	-	395.13	3,393	638.1	-

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