INCAR FINANCIAL SERVICE Co., Ltd. (KOSDAQ:211050)

INCAR FINANCIAL SERVICE Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	40,930	42,637	22,398	936.94	3,752	4,591
Short-Term Investments	17,346	15,573	14,568	43,744	15,332	16,106
Trading Asset Securities	34,771	61,086	52,999	452.16	438.37	-
Cash & Short-Term Investments	93,047	119,296	89,965	45,133	19,522	20,697
Cash Growth	-12.01%	32.60%	99.33%	131.19%	-5.68%	-41.13%
Accounts Receivable	110,130	124,371	92,090	-	-	-
Other Receivables	34,842	31,540	19,350	74,476	50,601	35,415
Receivables	145,421	156,444	111,733	76,085	52,324	39,248
Prepaid Expenses	520,870	500,454	376,907	301,598	168,636	118,114
Other Current Assets	10,798	12,782	6,567	5,864	6,435	5,294
Total Current Assets	770,135	788,976	585,173	428,681	246,917	183,353
Property, Plant & Equipment	16,758	14,166	11,561	11,794	11,636	12,386
Long-Term Investments	160	-	-	1,807	1,276	-
Goodwill	8,090	1,308	1,857	-	-	-
Other Intangible Assets	8,182	4,493	5,015	3,108	1,836	1,497
Long-Term Deferred Tax Assets	614.79	-	-	-	-	-
Other Long-Term Assets	232,064	191,999	103,130	50,766	27,639	16,105
Total Assets	1,036,446	1,001,382	707,432	497,329	291,945	214,906

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	5,837	3,687	3,123	2,674	2,943	1,429
Short-Term Debt	22,552	31,529	12,413	-	19,800	18,050
Current Portion of Long-Term Debt	3,833	3,856	29,784	18,296	-	-
Current Portion of Leases	9,838	8,839	7,249	7,361	6,628	6,016
Current Income Taxes Payable	5,344	9,590	5,743	591.2	-	-
Other Current Liabilities	675,435	647,549	439,639	304,357	171,968	136,364
Total Current Liabilities	722,839	705,050	497,952	333,280	201,339	161,860
Long-Term Debt	4,517	5,350	7,093	36,022	-	-
Long-Term Leases	3,019	2,037	1,639	2,257	2,366	3,567
Long-Term Deferred Tax Liabilities	50,136	43,014	31,333	19,598	9,213	3,459
Other Long-Term Liabilities	36,307	31,522	22,154	9,422	5,614	4,540
Total Liabilities	816,818	786,972	560,171	400,580	218,532	173,426

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	5,138	5,138	5,138	5,138	5,138	2,247
Additional Paid-In Capital	17,198	17,227	12,308	12,308	12,308	4,054
Retained Earnings	204,797	200,531	140,912	82,408	55,981	35,193
Treasury Stock	-25.11	-11.45	-10,010	-3,090	-	-
Comprehensive Income & Other	-5,635	-6,604	-14.4	-14.4	-14.4	-14.4
Total Common Equity	221,473	216,281	148,334	96,749	73,412	41,480
Minority Interest	-1,845	-1,871	-1,074	-	-	-
Shareholders' Equity	219,628	214,410	147,260	96,749	73,412	41,480
Total Liabilities & Equity	1,036,446	1,001,382	707,432	497,329	291,945	214,906

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	43,760	51,610	58,179	63,937	28,794	27,634
Net Cash (Debt)	49,287	67,686	31,787	-18,804	-9,273	-6,937
Net Cash Growth	-4.26%	112.94%	-	-	-	-
Net Cash Per Share	1006.11	1385.91	645.71	-366.64	-183.05	-154.35
Filing Date Shares Outstanding	49.26	49.26	48.66	50.31	51.38	51.38
Total Common Shares Outstanding	49.26	49.26	48.66	50.31	51.38	51.38
Working Capital	47,296	83,927	87,221	95,401	45,577	21,494
Book Value Per Share	4496.28	4390.55	3048.13	1923.11	1428.82	807.33
Tangible Book Value	205,200	210,480	141,462	93,641	71,576	39,984
Tangible Book Value Per Share	4165.93	4272.79	2906.93	1861.33	1393.08	778.20
Machinery	4,318	3,637	3,985	3,287	3,111	2,803

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 22, 2026

Data Sources Report a data error