SeA Mechanics Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	7,006	11,691	31,530	13,346	20,993	10,445
Short-Term Investments	11,827	15,700	-	4,000	-	-
Trading Asset Securities	-	7,785	8,000	-	-	-
Cash & Short-Term Investments	18,833	35,176	39,530	17,346	20,993	10,445
Cash Growth	-46.29%	-11.02%	127.90%	-17.37%	100.98%	-14.83%
Accounts Receivable	29,954	13,823	11,337	8,321	9,338	8,804
Other Receivables	-	368.38	311.05	154.34	141.06	61.48
Receivables	29,954	14,858	11,648	8,475	9,479	8,865
Inventory	27,647	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	9,343	7,083	3,592	3,198	2,278	1,371
Total Current Assets	85,777	76,239	61,349	35,998	37,739	26,026
Property, Plant & Equipment	42,052	43,147	59,597	57,541	37,618	25,381
Long-Term Investments	-	2,793	2,183	497.53	0	-0
Other Intangible Assets	1,388	1,261	1,503	1,606	387.35	477.16
Long-Term Accounts Receivable	-	-	-	0	-	-
Long-Term Deferred Tax Assets	7,270	6,967	5,315	4,428	1,531	624.93
Other Long-Term Assets	27,792	17,745	1,745	1,907	1,692	1,209
Total Assets	164,278	149,253	131,950	101,977	78,967	53,719

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	14,212	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	55,600	55,780	46,430	17,830	400	-
Current Portion of Long-Term Debt	-	-	62.22	244.65	184.11	-
Current Portion of Leases	23.36	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	14,278	8,496	5,111	3,629	5,625	3,827
Total Current Liabilities	84,113	74,545	59,912	30,960	14,463	13,077
Long-Term Debt	-	-	-	62.22	298.59	469.67
Long-Term Leases	38.75	19.66	-	-	-	-
Long-Term Unearned Revenue	-	-	-	2.49	12.46	22.43
Pension & Post-Retirement Benefits	320.92	256.49	177.23	460.08	248.32	137.41
Other Long-Term Liabilities	157.01	184.05	184.29	207.36	194.21	289.8
Total Liabilities	84,630	75,005	60,273	31,693	15,217	13,996

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	2,649	2,649	2,649	2,649	2,649	2,184
Additional Paid-In Capital	19,739	19,739	19,597	19,597	19,597	131.39
Retained Earnings	57,450	52,049	50,646	48,228	41,916	38,090
Treasury Stock	-	-	-1,026	-	-	-
Comprehensive Income & Other	-189.33	-189.33	-189.33	-189.33	-411.09	-682.7
Shareholders' Equity	79,648	74,247	71,677	70,284	63,751	39,722
Total Liabilities & Equity	164,278	149,253	131,950	101,977	78,967	53,719

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	55,662	55,815	46,492	18,137	882.7	469.67
Net Cash (Debt)	-36,829	-20,639	-6,962	-791.23	20,110	9,976
Net Cash Growth	-	-	-	-	101.59%	-18.66%
Net Cash Per Share	-1393.81	-788.86	-262.62	-29.77	782.83	456.88
Filing Date Shares Outstanding	26.4	26.49	26.14	26.49	26.49	21.76
Total Common Shares Outstanding	26.4	26.49	26.14	26.49	26.49	21.76
Working Capital	1,663	1,695	1,437	5,037	23,276	12,949
Book Value Per Share	3017.42	2802.90	2742.10	2653.29	2406.64	1825.57
Tangible Book Value	78,260	72,987	70,174	68,678	63,363	39,245
Tangible Book Value Per Share	2964.84	2755.31	2684.60	2592.65	2392.02	1803.64
Land	6,143	6,143	6,143	6,143	6,143	6,143
Buildings	18,829	18,828	18,826	18,005	8,632	9,063
Machinery	47,564	47,736	46,515	45,215	29,442	25,571
Construction In Progress	1,662	1,284	14,187	9,595	12,729	1,915