S-Fuelcell co. 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	586.84	10,414	5,347	5,300	4,112
Short-Term Investments	45,967	53,632	56,796	61,385	37,394
Cash & Short-Term Investments	46,553	64,046	62,144	66,685	41,506
Cash Growth	-27.31%	3.06%	-6.81%	60.66%	-16.35%
Accounts Receivable	6,689	10,455	18,263	23,687	26,176
Other Receivables	624.72	502.74	760.18	647.34	434.95
Receivables	10,814	12,058	20,023	24,334	26,611
Inventory	12,219	21,709	32,876	31,862	25,124
Prepaid Expenses	140.23	251.1	244.42	576.44	539.31
Other Current Assets	3,138	2,774	4,652	4,356	1,230
Total Current Assets	72,864	100,838	119,939	127,813	95,010
Property, Plant & Equipment	6,930	14,079	15,847	20,698	17,551
Long-Term Investments	3,851	697.94	277.26	15.71	0
Other Intangible Assets	179.45	105.97	138.51	193.95	249.07
Long-Term Accounts Receivable	-	-	-	1,121	1,414
Long-Term Deferred Tax Assets	6,541	5,556	4,474	2,268	3,295
Other Long-Term Assets	677.89	716.89	3,965	999.91	1,328
Total Assets	91,044	121,994	144,640	153,109	118,846
Accounts Payable	551.35	1,376	10,902	15,569	17,561
Accrued Expenses	102.02	149.39	158.41	62.49	48.5
Short-Term Debt	32,698	37,351	43,626	31,467	16,548
Current Portion of Long-Term Debt	-	-	520	2,120	1,860
Current Portion of Leases	16.47	425.84	417.68	436.95	369.34
Other Current Liabilities	9,663	11,967	15,622	4,095	3,897
Total Current Liabilities	43,031	51,269	71,246	53,751	40,283
Long-Term Debt	-	-	1,300	12,053	6,154
Long-Term Leases	12.87	53	53.43	357.52	73.36
Other Long-Term Liabilities	2,155	2,872	2,659	16,541	2,036
Total Liabilities	45,199	54,194	75,259	82,703	48,546
Common Stock	3,490	3,490	3,490	3,437	3,437
Additional Paid-In Capital	55,296	55,296	55,296	53,550	53,550
Retained Earnings	-13,239	8,916	10,450	13,139	12,980
Comprehensive Income & Other	206.45	7.46	7.46	202.82	160.69
Total Common Equity	45,753	67,709	69,244	70,329	70,128
Minority Interest	92.07	91.07	137.54	76.85	172.11
Shareholders' Equity	45,845	67,800	69,381	70,406	70,300
Total Liabilities & Equity	91,044	121,994	144,640	153,109	118,846
Total Debt	32,727	37,830	45,917	46,435	25,004
Net Cash (Debt)	13,826	26,217	16,226	20,250	16,502
Net Cash Growth	-47.26%	61.57%	-19.87%	22.71%	-42.43%
Net Cash Per Share	1980.72	3759.73	2335.43	2930.08	2381.07
Filing Date Shares Outstanding	6.98	6.98	6.98	6.87	6.87
Total Common Shares Outstanding	6.98	6.98	6.98	6.87	6.87
Working Capital	29,833	49,569	48,692	74,062	54,726
Book Value Per Share	6552.05	9701.44	9921.29	10230.71	10201.50
Tangible Book Value	45,574	67,603	69,105	70,135	69,879
Tangible Book Value Per Share	6526.36	9686.26	9901.44	10202.50	10165.27
Land	-	919.02	919.02	919.02	919.02
Machinery	13,293	17,720	18,391	16,743	13,093
Construction In Progress	0.38	7.87	0.54	4,732	4,454

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