COWINTECH Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	31,965	48,856	43,222	74,435	37,544	42,042
Short-Term Investments	16,487	13,342	12,114	42,367	53,399	9,180
Trading Asset Securities	5,826	10,467	10,910	35,595	31,012	5,309
Cash & Short-Term Investments	54,278	72,666	66,246	152,397	121,956	56,531
Cash Growth	-19.51%	9.69%	-56.53%	24.96%	115.73%	7.53%
Accounts Receivable	137,165	130,658	170,211	134,096	72,562	47,626
Other Receivables	4,359	4,558	6,760	3,124	4,638	2,192
Receivables	142,263	135,970	178,798	140,134	80,320	49,818
Inventory	31,732	16,806	22,265	20,438	37,496	11,260
Prepaid Expenses	1,556	640.06	635.96	3,167	2,000	1,822
Other Current Assets	6,671	9,521	12,456	19,026	9,846	745.5
Total Current Assets	236,500	235,603	280,402	335,161	251,618	120,176
Property, Plant & Equipment	140,167	136,958	109,362	91,102	63,511	42,903
Long-Term Investments	41,158	31,189	28,417	21,974	8,486	5,157
Goodwill	13,990	13,990	13,524	13,524	13,524	13,524
Other Intangible Assets	2,007	2,079	2,219	1,992	2,143	2,824
Long-Term Accounts Receivable	-	-	77.42	144.43	202.44	252.65
Long-Term Deferred Tax Assets	5,851	6,799	3,514	1,774	811.56	783.6
Other Long-Term Assets	830.63	1,136	677.63	848.1	971.51	572.34
Total Assets	440,944	428,236	438,386	466,594	343,051	186,416
Accounts Payable	20,836	20,209	22,930	23,003	11,188	7,122
Accrued Expenses	4,450	8,120	6,431	6,707	3,163	1,551
Short-Term Debt	48,828	38,805	20,712	28,724	36,968	28,396
Current Portion of Long-Term Debt	633.32	633.32	408.32	5,483	2,000	-
Current Portion of Leases	690.39	581.08	484.58	442.97	296.48	177.9
Current Income Taxes Payable	2,451	2,335	2,627	3,899	1,916	542.21
Current Unearned Revenue	45,044	46,174	48,561	64,414	48,300	13,100
Other Current Liabilities	10,418	8,061	14,014	13,400	7,512	2,950
Total Current Liabilities	133,351	124,918	116,166	146,073	111,343	53,839
Long-Term Debt	47,144	46,274	38,041	37,672	32,613	10,626
Long-Term Leases	509.15	522.94	513.02	350.24	336.97	210.03
Long-Term Deferred Tax Liabilities	-	-	2,556	5,810	213.85	397.15
Other Long-Term Liabilities	384.52	426.65	248.21	55.19	7,754	3,134
Total Liabilities	181,389	172,142	157,524	189,960	152,261	68,206
Common Stock	5,847	5,735	5,571	5,333	4,875	4,738
Additional Paid-In Capital	112,820	112,780	113,821	113,409	94,862	71,271
Retained Earnings	62,621	60,416	61,091	47,751	37,064	35,492
Treasury Stock	-3,646	-4,858	-4,709	-3,299	-7,227	-6,987
Comprehensive Income & Other	-2,004	-2,134	1,045	-108.12	11.14	-108.86
Total Common Equity	175,637	171,940	176,818	163,086	129,585	104,405
Minority Interest	83,919	84,155	104,044	113,547	61,205	13,806
Shareholders' Equity	259,556	256,095	280,862	276,634	190,790	118,210
Total Liabilities & Equity	440,944	428,236	438,386	466,594	343,051	186,416
Total Debt	97,805	86,816	60,159	72,673	72,215	39,410
Net Cash (Debt)	-43,527	-14,150	6,088	79,724	49,741	17,121
Net Cash Growth	-	-	-92.36%	60.28%	190.52%	-51.96%
Net Cash Per Share	-3776.72	-1234.69	529.68	7550.15	4725.09	1625.78
Filing Date Shares Outstanding	11.47	11.46	11.14	11.06	10.22	10.23
Total Common Shares Outstanding	11.47	11.46	11.47	11.39	10.53	10.54
Working Capital	103,150	110,685	164,236	189,088	140,275	66,337
Book Value Per Share	15317.60	15003.02	15413.96	14315.89	12309.70	9909.36
Tangible Book Value	159,640	155,871	161,075	147,571	113,918	88,057
Tangible Book Value Per Share	13922.49	13600.92	14041.61	12953.91	10821.42	8357.72
Land	55,902	55,902	30,804	30,804	18,537	18,118
Buildings	50,214	50,054	37,688	33,421	25,538	14,893
Machinery	27,559	26,352	23,420	19,982	16,136	7,156
Construction In Progress	16,677	16,409	24,813	10,081	3,399	4,856