Ray Co., Ltd. (KOSDAQ: 228670)

Ray Co., Ltd. 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	17,252	19,584	17,200	31,520	14,944	11,984
Trading Asset Securities	6,519	6,746	11,309	46,300	12,997	17,166
Cash & Short-Term Investments	23,771	26,331	28,509	77,820	27,942	29,150
Cash Growth	-11.32%	-7.64%	-63.37%	178.51%	-4.14%	138.74%
Accounts Receivable	74,135	91,800	48,451	25,342	13,736	18,950
Other Receivables	788.54	562.48	598.21	259.59	1,251	829.87
Receivables	77,490	92,430	49,178	25,734	14,999	19,812
Inventory	23,430	25,372	21,729	11,569	17,330	9,150
Prepaid Expenses	1,071	700.94	626.66	390.43	260.04	136.01
Other Current Assets	3,414	2,205	1,035	2,595	3,058	2,768
Total Current Assets	129,176	147,038	101,078	118,108	63,589	61,017
Property, Plant & Equipment	43,328	46,748	50,362	28,640	8,575	6,001
Long-Term Investments	11,997	15,655	16,319	13,311	7,780	2,006
Goodwill	15,554	14,519	18,872	-	-	-
Other Intangible Assets	5,995	5,672	6,647	842.99	716.48	301.22
Long-Term Accounts Receivable	4,888	4,861	5,775	2,520	-	-
Long-Term Deferred Tax Assets	6,961	6,740	3,698	5,467	1,478	2,035
Long-Term Deferred Charges	3,080	3,204	4,874	4,967	4,422	4,045
Other Long-Term Assets	16,229	15,115	14,571	3,452	2,640	1,251
Total Assets	237,208	259,552	222,196	177,308	89,200	76,657
Accounts Payable	6,802	18,781	7,650	4,173	3,981	5,375
Accrued Expenses	1,129	1,510	1,289	974.54	788.88	519.32
Short-Term Debt	52,600	45,000	42,885	6,937	8,107	855
Current Portion of Long-Term Debt	17,570	32,673	-	-	-	-
Current Portion of Leases	3,559	3,912	2,239	3,142	2,225	1,788
Current Income Taxes Payable	73.58	1,607	3,019	1,639	254.58	1,907
Other Current Liabilities	7,034	6,220	5,400	3,698	2,475	2,169
Total Current Liabilities	88,767	109,702	62,482	20,564	17,832	12,614
Long-Term Debt	22,956	155.4	32,608	44,057	-	-
Long-Term Leases	3,441	4,939	4,553	4,365	904.66	2,133
Long-Term Deferred Tax Liabilities	1,071	1,245	1,743	108.36	-	-
Other Long-Term Liabilities	8,726	9,295	3,243	2,758	2,301	1,131
Total Liabilities	127,944	128,356	105,888	73,899	23,911	19,125
Common Stock	7,748	7,642	7,007	6,653	3,327	3,327
Additional Paid-In Capital	97,206	93,353	72,442	71,863	42,070	42,070
Retained Earnings	987.08	25,021	27,770	19,787	19,746	12,047
Comprehensive Income & Other	1,037	1,151	8,801	1,852	146.34	88.67
Total Common Equity	106,978	127,167	116,020	100,154	65,289	57,532
Minority Interest	2,242	3,922	-	2,693	-	-
Shareholders' Equity	109,264	131,196	116,308	103,408	65,289	57,532
Total Liabilities & Equity	237,208	259,552	222,196	177,308	89,200	76,657
Total Debt	100,126	86,679	82,284	58,501	11,237	4,776
Net Cash (Debt)	-76,354	-60,348	-53,776	19,319	16,704	24,374
Net Cash Growth	-	-	-	15.65%	-31.47%	176.66%
Net Cash Per Share	-4903.70	-3943.52	-3643.27	1368.52	1255.36	2019.27
Filing Date Shares Outstanding	15.5	15.28	14.01	13.31	13.31	13.31
Total Common Shares Outstanding	15.5	15.28	14.01	13.31	13.31	13.31
Working Capital	40,408	37,336	38,596	97,544	45,758	48,403
Book Value Per Share	6903.95	8320.28	8279.01	7526.71	4906.52	4323.60
Tangible Book Value	85,429	106,977	90,500	99,311	64,572	57,231
Tangible Book Value Per Share	5513.22	6999.25	6457.98	7463.36	4852.67	4300.96
Land	15,945	16,365	19,399	17,840	3.23	3.23
Buildings	21,327	21,036	22,203	4,219	901.01	711
Machinery	12,820	12,047	10,718	7,985	8,794	4,335
Construction In Progress	458.28	35.6	218.89	823.13	6.8	27.08

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