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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	16,401	19,584	17,200	31,520	14,944	11,984
Trading Asset Securities	6,191	6,746	11,309	46,300	12,997	17,166
Cash & Short-Term Investments	22,592	26,331	28,509	77,820	27,942	29,150
Cash Growth	-29.86%	-7.64%	-63.37%	178.51%	-4.14%	138.74%
Accounts Receivable	77,932	91,800	48,451	25,342	13,736	18,950
Other Receivables	816.5	562.48	598.21	259.59	1,251	829.87
Receivables	79,815	92,430	49,178	25,734	14,999	19,812
Inventory	29,122	25,372	21,729	11,569	17,330	9,150
Prepaid Expenses	762.33	700.94	626.66	390.43	260.04	136.01
Other Current Assets	1,890	2,205	1,035	2,595	3,058	2,768
Total Current Assets	134,181	147,038	101,078	118,108	63,589	61,017
Property, Plant & Equipment	44,387	46,748	50,362	28,640	8,575	6,001
Long-Term Investments	14,666	15,655	16,319	13,311	7,780	2,006
Goodwill	15,679	14,519	18,872	-	-	-
Other Intangible Assets	6,376	5,672	6,647	842.99	716.48	301.22
Long-Term Accounts Receivable	5,068	4,861	5,775	2,520	-	-
Long-Term Deferred Tax Assets	7,080	6,740	3,698	5,467	1,478	2,035
Long-Term Deferred Charges	3,083	3,204	4,874	4,967	4,422	4,045
Other Long-Term Assets	13,598	15,115	14,571	3,452	2,640	1,251
Total Assets	244,117	259,552	222,196	177,308	89,200	76,657
Accounts Payable	8,101	18,781	7,650	4,173	3,981	5,375
Accrued Expenses	1,357	1,510	1,289	974.54	788.88	519.32
Short-Term Debt	53,400	45,000	42,885	6,937	8,107	855
Current Portion of Long-Term Debt	17,570	32,673	-	-	-	-
Current Portion of Leases	3,933	3,912	2,239	3,142	2,225	1,788
Current Income Taxes Payable	1,292	1,607	3,019	1,639	254.58	1,907
Other Current Liabilities	6,431	6,220	5,400	3,698	2,475	2,169
Total Current Liabilities	92,084	109,702	62,482	20,564	17,832	12,614
Long-Term Debt	22,320	155.4	32,608	44,057	-	-
Long-Term Leases	4,298	4,939	4,553	4,365	904.66	2,133
Long-Term Deferred Tax Liabilities	1,134	1,245	1,743	108.36	-	-
Other Long-Term Liabilities	9,623	9,295	3,243	2,758	2,301	1,131
Total Liabilities	133,171	128,356	105,888	73,899	23,911	19,125
Common Stock	7,734	7,642	7,007	6,653	3,327	3,327
Additional Paid-In Capital	97,132	93,353	72,442	71,863	42,070	42,070
Retained Earnings	3,083	25,021	27,770	19,787	19,746	12,047
Comprensive Income & Other	758.64	1,151	8,801	1,852	146.34	88.67
Total Common Equity	108,708	127,167	116,020	100,154	65,289	57,532
Minority Interest	2,186	3,922	-	2,693	-	-
Shareholders' Equity	110,946	131,196	116,308	103,408	65,289	57,532
Total Liabilities & Equity	244,117	259,552	222,196	177,308	89,200	76,657
Total Debt	101,521	86,679	82,284	58,501	11,237	4,776
Net Cash (Debt)	-78,930	-60,348	-53,776	19,319	16,704	24,374
Net Cash Growth	-	-	-	15.65%	-31.47%	176.66%
Net Cash Per Share	-5071.12	-3943.52	-3643.27	1368.52	1255.36	2019.27
Filing Date Shares Outstanding	15.47	15.28	14.01	13.31	13.31	13.31
Total Common Shares Outstanding	15.47	15.28	14.01	13.31	13.31	13.31
Working Capital	42,096	37,336	38,596	97,544	45,758	48,403
Book Value Per Share	7027.92	8320.28	8279.01	7526.71	4906.52	4323.60
Tangible Book Value	86,653	106,977	90,500	99,311	64,572	57,231
Tangible Book Value Per Share	5602.12	6999.25	6457.98	7463.36	4852.67	4300.96
Land	15,945	16,365	19,399	17,840	3.23	3.23
Buildings	21,313	21,036	22,203	4,219	901.01	711
Machinery	12,695	12,047	10,718	7,985	8,794	4,335
Construction In Progress	61.73	35.6	218.89	823.13	6.8	27.08

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