SeA Mechanics 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	11,691	31,530	13,346	20,993	10,445
Short-Term Investments	15,700	-	4,000	-	-
Trading Asset Securities	7,785	8,000	-	-	-
Cash & Short-Term Investments	35,176	39,530	17,346	20,993	10,445
Cash Growth	-11.02%	127.90%	-17.37%	100.98%	-14.83%
Accounts Receivable	13,823	11,337	8,321	9,338	8,804
Other Receivables	368.38	311.05	154.34	141.06	61.48
Receivables	14,858	11,648	8,475	9,479	8,865
Inventory	18,585	6,153	6,590	4,278	5,085
Prepaid Expenses	538.3	426.13	388.55	711.82	259.46
Other Current Assets	7,083	3,592	3,198	2,278	1,371
Total Current Assets	76,239	61,349	35,998	37,739	26,026
Property, Plant & Equipment	43,147	59,597	57,541	37,618	25,381
Long-Term Investments	2,793	2,183	497.53	0	-0
Other Intangible Assets	1,261	1,503	1,606	387.35	477.16
Long-Term Deferred Tax Assets	6,967	5,315	4,428	1,531	624.93
Other Long-Term Assets	17,745	1,745	1,907	1,692	1,209
Total Assets	149,253	131,950	101,977	78,967	53,719
Accounts Payable	8,557	6,043	7,690	6,824	6,961
Accrued Expenses	1,742	2,218	1,448	1,338	1,639
Short-Term Debt	55,780	46,430	17,830	400	-
Current Portion of Long-Term Debt	-	62.22	244.65	184.11	-
Current Portion of Leases	15.05	-	-	-	-
Current Income Taxes Payable	-45.61	45.09	109.55	81.61	640.18
Current Unearned Revenue	-	2.49	9.97	9.97	9.97
Other Current Liabilities	8,496	5,111	3,629	5,625	3,827
Total Current Liabilities	74,545	59,912	30,960	14,463	13,077
Long-Term Debt	-	-	62.22	298.59	469.67
Long-Term Leases	19.66	-	-	-	-
Long-Term Unearned Revenue	-	-	2.49	12.46	22.43
Pension & Post-Retirement Benefits	256.49	177.23	460.08	248.32	137.41
Other Long-Term Liabilities	184.05	184.29	207.36	194.21	289.8
Total Liabilities	75,005	60,273	31,693	15,217	13,996
Common Stock	2,649	2,649	2,649	2,649	2,184
Additional Paid-In Capital	19,739	19,597	19,597	19,597	131.39
Retained Earnings	52,049	50,646	48,228	41,916	38,090
Treasury Stock	-	-1,026	-	-	-
Comprehensive Income & Other	-189.33	-189.33	-189.33	-411.09	-682.7
Shareholders' Equity	74,247	71,677	70,284	63,751	39,722
Total Liabilities & Equity	149,253	131,950	101,977	78,967	53,719
Total Debt	55,815	46,492	18,137	882.7	469.67
Net Cash (Debt)	-20,639	-6,962	-791.23	20,110	9,976
Net Cash Growth	-	-	-	101.59%	-18.66%
Net Cash Per Share	-783.40	-262.62	-29.74	782.83	456.88
Filing Date Shares Outstanding	27.22	26.14	26.49	26.49	21.76
Total Common Shares Outstanding	27.22	26.14	26.49	26.49	21.76
Working Capital	1,695	1,437	5,037	23,276	12,949
Book Value Per Share	2727.50	2742.10	2653.29	2406.64	1825.57
Tangible Book Value	72,987	70,174	68,678	63,363	39,245
Tangible Book Value Per Share	2681.19	2684.60	2592.65	2392.02	1803.64
Land	6,143	6,143	6,143	6,143	6,143
Buildings	18,828	18,826	18,005	8,632	9,063
Machinery	47,736	46,515	45,215	29,442	25,571
Construction In Progress	1,284	14,187	9,595	12,729	1,915

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