Tongyang Pile Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	8,285	9,485	3,987	10,318	6,441
Short-Term Investments	3,000	-	49,086	40,009	40,754
Cash & Short-Term Investments	11,285	9,485	53,073	50,327	47,196
Cash Growth	18.98%	-82.13%	5.46%	6.64%	1.09%
Accounts Receivable	10,961	9,707	19,280	14,032	11,664
Other Receivables	29.23	201.81	258.4	398.29	72.28
Receivables	10,990	57,909	19,539	14,430	11,736
Inventory	4,648	7,887	6,648	6,661	6,860
Prepaid Expenses	16.07	17.46	16.05	14.19	12.35
Other Current Assets	637.79	340	139.63	-0	97.32
Total Current Assets	27,577	75,638	79,416	71,432	65,901
Property, Plant & Equipment	41,918	48,887	49,966	50,942	51,454
Long-Term Investments	48.06	79.76	56.95	57.01	83.52
Other Intangible Assets	271.72	271.72	271.72	271.72	271.72
Long-Term Deferred Tax Assets	3,497	3,325	5,323	6,464	8,004
Other Long-Term Assets	230.4	245.2	245.2	245.2	310.2
Total Assets	121,542	128,446	135,279	129,413	126,025
Accounts Payable	3,280	1,872	3,923	3,354	5,431
Current Portion of Leases	109.23	100.51	111.88	221.15	12.54
Current Income Taxes Payable	-	-	-	37.05	7.98
Other Current Liabilities	2,570	3,679	3,124	2,724	2,545
Total Current Liabilities	5,959	5,651	7,159	6,336	7,997
Long-Term Leases	48.93	-	38.46	161.96	-
Other Long-Term Liabilities	-	-	0	-	-
Total Liabilities	6,008	5,651	7,197	6,498	7,997
Common Stock	10,000	10,000	10,000	10,000	10,000
Additional Paid-In Capital	68,693	68,693	68,693	68,693	68,693
Retained Earnings	36,842	44,110	49,382	44,215	39,308
Comprehensive Income & Other	-1.23	-7.85	5.9	5.94	26.55
Shareholders' Equity	115,535	122,795	128,082	122,914	118,028
Total Liabilities & Equity	121,542	128,446	135,279	129,413	126,025
Total Debt	158.17	100.51	150.34	383.11	12.54
Net Cash (Debt)	11,127	9,384	52,923	49,944	47,183
Net Cash Growth	18.57%	-82.27%	5.96%	5.85%	1.20%
Net Cash Per Share	555.80	469.85	2646.13	2493.85	2354.82
Filing Date Shares Outstanding	20.08	20	20	20	20
Total Common Shares Outstanding	20.08	20	20	20	20
Working Capital	21,618	69,987	72,257	65,096	57,904
Book Value Per Share	5753.66	6139.76	6404.08	6145.72	5901.42
Tangible Book Value	115,263	122,523	127,810	122,643	117,757
Tangible Book Value Per Share	5740.13	6126.17	6390.50	6132.13	5887.83
Land	32,374	32,374	31,607	31,607	31,607
Buildings	17,042	20,308	20,308	20,308	20,129
Machinery	20,859	23,912	23,805	22,676	22,541
Construction In Progress	350.15	647.21	647.21	500.1	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.