Ark Solutions Inc (KOSDAQ:203690)

Ark Solutions Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7,921	9,659	8,185	3,037	1,376	9,785
Short-Term Investments	-	-	20,000	0	4,887	6,573
Trading Asset Securities	1,652	9,164	-	-	-	-
Cash & Short-Term Investments	9,573	18,824	28,185	3,037	6,263	16,358
Cash Growth	-39.75%	-33.21%	828.15%	-51.52%	-61.71%	25.89%
Accounts Receivable	2,288	3,723	4,371	3,596	4,422	-
Other Receivables	37.56	50.62	2,878	146.57	278.83	-
Receivables	2,325	3,773	7,295	3,842	4,701	28.6
Inventory	2,627	3,787	4,559	5,677	3,751	5,063
Prepaid Expenses	48.35	48.2	47.64	28.65	187.58	-
Other Current Assets	388.65	401.79	114.81	659.5	458.31	6,548
Total Current Assets	14,963	26,833	40,201	13,244	15,361	27,998
Property, Plant & Equipment	24,576	24,913	25,118	21,264	30,951	21,315
Long-Term Investments	678.59	651.05	515.78	6,323	902.9	1,290
Goodwill	-	-	-	1,657	1,657	4,484
Other Intangible Assets	63.04	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	8,731	8,578	10,656	11,936	1,840	459.87
Total Assets	49,011	61,048	77,189	57,066	53,162	59,811
Accounts Payable	506.51	1,241	1,383	4,080	2,464	1,659
Accrued Expenses	122.2	435.68	452.06	236.18	169.78	198.72
Short-Term Debt	11,000	23,557	30,082	23,287	28,641	29,475
Current Portion of Long-Term Debt	2,720	2,720	2,200	2,200	-	-
Current Portion of Leases	245.83	311.74	524.04	415.39	485.56	465.59
Current Income Taxes Payable	-	-	-	-	-	303.96
Other Current Liabilities	888.64	3,890	7,484	7,725	3,574	1,619
Total Current Liabilities	15,483	32,156	42,125	37,943	35,334	33,721
Long-Term Debt	-	-	2,720	2,720	2,200	2,200
Long-Term Leases	168.2	30.44	41.31	373.33	668.19	2,393
Long-Term Deferred Tax Liabilities	2,531	2,520	1,074	1,275	209.66	-
Other Long-Term Liabilities	323.02	225.33	169.78	176.27	222.73	227.81
Total Liabilities	18,812	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	-41,134	-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	7,847	7,820	9,739	4,709	459.92	654.72
Total Common Equity	30,199	25,943	30,432	14,289	13,929	21,109
Shareholders' Equity	30,199	25,943	30,930	14,289	13,929	21,109
Total Liabilities & Equity	49,011	61,048	77,189	57,066	53,162	59,811
Total Debt	14,134	26,620	35,568	28,996	31,994	34,534
Net Cash (Debt)	-4,561	-7,796	-7,383	-25,959	-25,731	-18,176
Net Cash Per Share	-308.27	-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	-520.61	-5,323	-1,924	-24,699	-19,973	-5,723
Book Value Per Share	1754.15	1776.08	2483.22	1584.74	1549.90	2348.86
Tangible Book Value	30,136	25,871	29,734	10,344	9,848	13,911
Tangible Book Value Per Share	1750.49	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	6,992	6,932	7,033	8,763	11,041	8,630
Construction In Progress	292.88	92.88	-	395.13	3,393	638.1

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