TOP MATERIAL Co., Ltd (KOSDAQ:360070)

TOP MATERIAL Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	9,379	11,460	15,206	10,030	10,168	1,779
Short-Term Investments	6,045	12,045	40,000	34,500	3,180	-
Trading Asset Securities	4,499	10,910	35,595	24,586	-	-
Cash & Short-Term Investments	19,922	34,415	90,801	69,116	13,348	1,779
Cash Growth	-70.90%	-62.10%	31.37%	417.81%	650.32%	18.78%
Accounts Receivable	61,503	85,419	29,779	9,746	3,063	797.43
Other Receivables	4,390	5,616	2,552	2,196	25.92	1.7
Receivables	68,108	92,862	35,246	14,942	3,089	929.13
Inventory	1,856	662.93	481.2	501.42	415.3	314.35
Prepaid Expenses	83.43	150.55	51.08	36.3	1,046	140.08
Other Current Assets	13,925	15,171	33,820	13,392	1,830	1,048
Total Current Assets	103,894	143,262	160,400	97,987	19,728	4,210
Property, Plant & Equipment	66,034	41,570	25,998	17,893	6,546	4,852
Long-Term Investments	26,283	21,354	15,611	2,607	4,831	0
Other Intangible Assets	475.76	491.47	468.51	70.57	41.38	28.32
Long-Term Deferred Tax Assets	-	-	-	380.78	233.34	520.88
Other Long-Term Assets	511.73	638.99	770.41	764.53	340.25	133.58
Total Assets	197,339	207,450	203,247	121,400	31,942	9,795
Accounts Payable	7,251	23,451	5,520	8,237	614.21	259.63
Accrued Expenses	1,494	1,688	1,631	1,009	148.65	109.27
Short-Term Debt	11,700	-	-	1,000	1,000	1,000
Current Portion of Leases	405.6	422	347.51	253.94	37.07	19.48
Current Income Taxes Payable	-	-	1,585	1,756	81.9	-
Other Current Liabilities	5,518	4,624	2,465	12,217	1,831	321.08
Total Current Liabilities	26,369	30,185	11,549	24,472	3,712	1,709
Long-Term Debt	34,793	33,052	29,827	-	2,000	2,000
Long-Term Leases	225.58	350.09	450.82	566.34	17.89	18.27
Long-Term Deferred Tax Liabilities	371.78	2,556	5,779	-	-	-
Other Long-Term Liabilities	108.78	108.26	55.19	26.71	8.88	4.37
Total Liabilities	61,868	66,251	47,661	25,065	5,739	3,988
Common Stock	4,072	4,038	3,992	3,992	2,976	2,037
Additional Paid-In Capital	99,097	98,075	96,691	86,665	28,996	13,820
Retained Earnings	4,545	10,555	22,256	4,796	-5,768	-10,049
Treasury Stock	-3,842	-3,561	-98.85	-	-	-
Comprehensive Income & Other	31,599	32,092	32,746	881.81	-	-
Total Common Equity	135,471	141,199	155,586	96,334	26,203	5,807
Shareholders' Equity	135,471	141,199	155,586	96,334	26,203	5,807
Total Liabilities & Equity	197,339	207,450	203,247	121,400	31,942	9,795
Total Debt	47,124	33,824	30,625	1,820	3,055	3,038
Net Cash (Debt)	-27,202	591.11	60,176	67,295	10,293	-1,259
Net Cash Growth	-	-99.02%	-10.58%	553.81%	-	-
Net Cash Per Share	-2923.21	73.68	7462.06	10500.07	1849.84	-3091.06
Filing Date Shares Outstanding	8.06	8	7.98	7.98	5.56	0.41
Total Common Shares Outstanding	8.06	8	7.98	7.98	5.56	0.41
Working Capital	77,525	113,076	148,851	73,515	16,015	2,501
Book Value Per Share	16814.11	17646.28	19491.25	12065.42	4709.24	14260.44
Tangible Book Value	134,995	140,707	155,117	96,264	26,162	5,779
Tangible Book Value Per Share	16755.06	17584.86	19432.56	12056.58	4701.80	14190.90
Land	2,807	2,652	2,652	2,652	2,233	2,234
Buildings	2,680	2,064	2,060	1,966	1,107	1,107
Machinery	14,380	9,515	9,653	9,469	2,085	1,575
Construction In Progress	47,562	23,266	6,815	368.48	1,407	-

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