VALOFE Co.,Ltd Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '19 Dec 31, 2019
Cash & Equivalents	11,968	14,262	9,470	7,613	9,132	1,452
Short-Term Investments	6,154	10,531	16,665	15,152	2,124	13.74
Cash & Short-Term Investments	18,121	24,793	26,134	22,765	11,255	1,466
Cash Growth	-27.76%	-5.13%	14.80%	102.26%	667.92%	-42.07%
Accounts Receivable	9,253	8,427	6,818	6,495	3,870	1,508
Other Receivables	1,146	313.49	460.41	365.42	182.81	148.1
Receivables	10,551	8,981	7,278	6,861	4,053	1,656
Prepaid Expenses	501.86	1,021	1,270	556.25	449.31	151.03
Other Current Assets	867.57	134.41	248.81	46.25	13.55	19.11
Total Current Assets	30,042	34,929	34,931	30,228	15,771	3,292
Property, Plant & Equipment	16,528	1,836	2,390	506.96	470.41	643.32
Long-Term Investments	1,010	500	500	0	-0	0
Goodwill	2,745	2,739	2,737	-	-	-
Other Intangible Assets	3,354	3,656	1,330	1.68	1.59	22.38
Long-Term Deferred Tax Assets	662.89	953.7	1,182	718.13	382.06	-
Other Long-Term Assets	1,133	852.28	808.66	119.33	37.77	118.08
Total Assets	55,475	45,466	43,878	31,574	16,663	4,076
Accrued Expenses	1,197	1,278	1,220	1,069	897.53	1,657
Short-Term Debt	3,622	5,275	6,240	-	-	-
Current Portion of Long-Term Debt	1,672	118	114.99	-	-	9.2
Current Portion of Leases	345.09	511.82	549.12	230.03	197.77	249.05
Current Income Taxes Payable	12.03	275.88	14.41	465.07	24.49	0.31
Other Current Liabilities	4,473	4,290	5,402	3,508	3,509	1,773
Total Current Liabilities	11,321	11,749	13,540	5,273	4,628	3,689
Long-Term Debt	11,627	2,406	440.81	1,358	-	160.8
Long-Term Leases	452.45	67.12	487.47	186.07	76.31	110.45
Pension & Post-Retirement Benefits	-	-	-	-	205.43	644.6
Other Long-Term Liabilities	776.51	790.43	172.09	0	0	916.76
Total Liabilities	24,177	15,013	14,640	6,816	4,910	5,521
Common Stock	5,086	5,086	5,086	4,787	445.34	307.67
Additional Paid-In Capital	18,330	18,330	17,914	14,446	7,576	-1,962
Retained Earnings	8,385	7,870	6,155	5,246	3,667	198.45
Treasury Stock	-1,504	-1,504	-0.04	-0.04	-	-
Comprehensive Income & Other	1,001	672.02	82.29	279.98	65.23	10.56
Total Common Equity	31,298	30,454	29,238	24,759	11,754	-1,445
Minority Interest	-	-	-0.32	-0.86	-0.99	-0.46
Shareholders' Equity	31,298	30,454	29,238	24,758	11,753	-1,445
Total Liabilities & Equity	55,475	45,466	43,878	31,574	16,663	4,076
Total Debt	17,718	8,378	7,833	1,774	274.08	529.5
Net Cash (Debt)	403.12	16,415	18,302	20,991	10,981	936.17
Net Cash Growth	-97.50%	-10.31%	-12.81%	91.16%	1072.99%	-56.46%
Net Cash Per Share	8.11	328.99	366.85	470.41	265.03	1548.54
Filing Date Shares Outstanding	49.06	49.06	50.86	47.87	163.21	0.6
Total Common Shares Outstanding	49.06	49.06	50.86	47.87	163.21	0.6
Working Capital	18,721	23,180	21,391	24,955	11,143	-396.65
Book Value Per Share	637.98	620.77	574.83	517.22	72.02	-2390.25
Tangible Book Value	25,199	24,059	25,171	24,757	11,752	-1,467
Tangible Book Value Per Share	513.66	490.41	494.87	517.18	72.01	-2427.28
Land	14,278	462.99	451.22	-	-	-
Buildings	1,074	396.94	386.85	-	-	-
Machinery	2,262	2,150	2,048	681.23	587.9	464.83

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.