ENCell 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 2020
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 '20 Dec 31, 2020
Cash & Equivalents	21,400	30,576	12,688	5,781	5,899	7,201
Short-Term Investments	-	-	6,000	22,015	12,000	-
Cash & Short-Term Investments	21,400	30,576	18,688	27,796	17,899	7,201
Cash Growth	-36.66%	63.61%	-32.77%	55.29%	148.55%	-
Accounts Receivable	1,555	2,525	1,938	900.15	237.7	21.63
Other Receivables	147.71	209.58	78.82	114.53	1,017	510.45
Receivables	1,702	2,734	2,017	1,015	1,254	532.08
Inventory	1,551	1,409	1,399	2,113	1,173	282.52
Prepaid Expenses	168.94	159.38	15.57	116.21	22.93	0.88
Other Current Assets	365.2	666.64	809.32	604.58	235.4	1.39
Total Current Assets	25,187	35,545	22,928	31,644	20,585	8,018
Property, Plant & Equipment	16,012	18,213	20,029	22,343	17,546	7,061
Long-Term Investments	1,387	339.79	-	-	-	-
Other Intangible Assets	226.42	264.74	291.36	123.26	54.36	26.03
Long-Term Accounts Receivable	0	-	-	0	-0	0
Other Long-Term Assets	1,282	1,383	732.61	635.27	295.18	190.69
Total Assets	44,094	55,745	43,981	54,746	38,480	15,296
Accounts Payable	117.01	65.52	194.64	67.75	141.77	83.08
Accrued Expenses	697.62	380.21	403.61	168.96	136.92	53.3
Current Portion of Long-Term Debt	300	300	300	300	1,750	-
Current Portion of Leases	975.05	1,101	1,020	669.54	176.99	40.17
Other Current Liabilities	1,319	842.19	824.46	52,051	19,194	7,253
Total Current Liabilities	3,408	2,689	2,742	53,257	21,400	7,429
Long-Term Debt	325	550	850	1,150	1,450	5,200
Long-Term Leases	2,761	3,200	2,247	2,828	529.98	31.11
Other Long-Term Liabilities	1,153	1,138	125	174.13	124.31	24.93
Total Liabilities	7,647	7,577	5,965	57,409	23,504	12,685
Common Stock	5,451	5,383	3,868	95.54	95.39	92.2
Additional Paid-In Capital	120,916	120,120	96,167	35,061	10,858	5,775
Retained Earnings	-93,310	-80,729	-65,519	-60,465	-15,081	-8,319
Comprehensive Income & Other	3,391	3,394	2,953	1,446	307.62	69.69
Total Common Equity	36,447	48,168	37,469	-23,863	-3,819	-2,382
Shareholders' Equity	36,447	48,168	38,016	-2,663	14,976	2,611
Total Liabilities & Equity	44,094	55,745	43,981	54,746	38,480	15,296
Total Debt	4,361	5,151	4,417	4,947	3,907	5,271
Net Cash (Debt)	17,039	25,425	14,271	22,849	13,992	1,930
Net Cash Growth	-42.93%	78.16%	-37.54%	63.30%	624.94%	-
Net Cash Per Share	1574.96	2891.02	2309.96	4787.67	74447.99	10472.76
Filing Date Shares Outstanding	10.9	10.77	6.18	4.77	0.19	0.18
Total Common Shares Outstanding	10.9	10.77	6.18	4.77	0.19	0.18
Working Capital	21,779	32,856	20,186	-21,613	-815.06	589.19
Book Value Per Share	3343.20	4474.03	6064.96	-5000.15	-20320.94	-12925.31
Tangible Book Value	36,221	47,903	37,177	-23,986	-3,874	-2,408
Tangible Book Value Per Share	3322.44	4449.44	6017.80	-5025.97	-20610.15	-13066.57
Land	-	2,015	2,015	2,015	2,015	2,015
Buildings	-	4,699	4,699	4,699	4,434	4,552
Machinery	-	10,498	9,670	6,530	5,328	31.94
Construction In Progress	-	120.56	382.38	3,544	539.29	325.26

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