Smart Radar System Inc. (KOSDAQ:424960)

Smart Radar System Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	23,695	4,172	3,014	1,743	235.49	1,914
Short-Term Investments	15,500	18,440	18,661	17,500	6,179	10,272
Cash & Short-Term Investments	47,195	22,612	21,675	19,243	6,414	12,186
Cash Growth	158.77%	4.32%	12.64%	199.99%	-47.36%	-4.27%
Accounts Receivable	970.8	2,544	883.95	823.85	1,397	240.79
Other Receivables	829.13	265.45	299.51	289.13	204.7	169.66
Receivables	1,800	2,810	1,183	1,113	1,602	410.46
Inventory	2,253	2,176	3,294	3,246	2,594	1,578
Prepaid Expenses	176.07	192.61	194.71	140.03	111.44	117.32
Other Current Assets	5,096	824.39	2,081	1,081	90.83	347.74
Total Current Assets	56,519	28,614	28,428	24,823	10,812	14,639
Property, Plant & Equipment	2,521	2,564	1,296	653.5	528.66	468.73
Long-Term Investments	2,154	2,139	2,074	-	-	-
Other Intangible Assets	72.41	76.67	89.56	91.48	120.73	186.77
Long-Term Accounts Receivable	-	-0	-0	0	-0	-0
Long-Term Deferred Charges	23.86	38.78	239.51	459.03	711.41	963.32
Other Long-Term Assets	272.66	249.81	19.03	38.8	214.34	119.61
Total Assets	61,563	33,683	32,147	26,066	12,388	16,378

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	162.84	229.16	153.14	169.94	147.83	63.6
Accrued Expenses	408.8	423.72	390.79	293.53	288.91	242.99
Short-Term Debt	9,832	9,339	7,482	2,700	2,700	2,700
Current Portion of Leases	384.26	374.81	200.12	96.57	133.6	54.99
Other Current Liabilities	2,544	2,892	7,454	891.59	344.5	6,498
Total Current Liabilities	13,331	13,259	15,680	4,152	3,615	9,560
Long-Term Debt	8,144	-	-	-	-	12,860
Long-Term Leases	924.24	1,003	119.85	97.29	9.98	34.66
Other Long-Term Liabilities	7,590	303.7	212.6	173.94	138.84	0
Total Liabilities	29,990	14,566	16,012	4,423	3,764	22,454

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	8,243	8,243	7,826	7,587	6,206	3,405
Additional Paid-In Capital	62,125	47,944	42,323	41,216	24,035	48.43
Retained Earnings	-38,924	-37,186	-34,218	-27,759	-22,661	-14,923
Comprehensive Income & Other	129.4	116.11	203.47	599.46	1,043	1,060
Total Common Equity	31,574	19,117	16,135	21,643	8,624	-10,410
Shareholders' Equity	31,574	19,117	16,135	21,643	8,624	-6,076
Total Liabilities & Equity	61,563	33,683	32,147	26,066	12,388	16,378

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	19,285	10,717	7,802	2,894	2,844	15,649
Net Cash (Debt)	27,910	11,895	13,873	16,349	3,571	-3,463
Net Cash Growth	218.86%	-14.26%	-15.14%	357.84%	-	-
Net Cash Per Share	1750.93	711.45	893.44	1213.92	496.86	-546.59
Filing Date Shares Outstanding	16.49	16.49	15.65	15.17	12.41	6.81
Total Common Shares Outstanding	16.49	16.49	15.65	15.17	12.41	6.81
Working Capital	43,188	15,355	12,748	20,671	7,198	5,080
Book Value Per Share	1915.29	1159.64	1030.81	1426.38	694.79	-1528.61
Tangible Book Value	31,501	19,040	16,045	21,551	8,503	-10,597
Tangible Book Value Per Share	1910.89	1154.99	1025.09	1420.35	685.06	-1556.04
Land	75.67	71.75	73.5	-	-	-
Buildings	601.08	569.91	583.85	-	-	-
Machinery	1,537	1,463	1,224	1,121	841.1	654.84
Construction In Progress	-	-	-	6.05	-	66.36

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 9, 2026

Data Sources Report a data error