ENCell Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	24,436	38,510	30,576	12,688	5,781	5,899
Short-Term Investments	10,000	-	-	6,000	22,015	12,000
Cash & Short-Term Investments	34,436	38,510	30,576	18,688	27,796	17,899
Cash Growth	24.56%	25.95%	63.61%	-32.77%	55.29%	148.55%
Accounts Receivable	691.18	1,224	2,525	1,938	900.15	237.7
Other Receivables	216.56	124.39	209.58	78.82	114.53	1,017
Receivables	907.74	1,348	2,734	2,017	1,015	1,254
Inventory	1,630	1,123	1,409	1,399	2,113	1,173
Prepaid Expenses	505.72	334.36	159.38	15.57	116.21	22.93
Other Current Assets	2,527	2,387	666.64	809.32	604.58	235.4
Total Current Assets	40,006	43,702	35,545	22,928	31,644	20,585
Property, Plant & Equipment	17,035	16,760	18,213	20,029	22,343	17,546
Long-Term Investments	1,729	1,729	339.79	-	-	-
Other Intangible Assets	209.13	218.29	264.74	291.36	123.26	54.36
Long-Term Accounts Receivable	-0	0	-	-	0	-0
Other Long-Term Assets	1,376	1,304	1,383	732.61	635.27	295.18
Total Assets	60,356	63,713	55,745	43,981	54,746	38,480
Accounts Payable	191.55	204.69	65.52	194.64	67.75	141.77
Accrued Expenses	322.34	361.85	380.21	403.61	168.96	136.92
Current Portion of Long-Term Debt	-	300	300	300	300	1,750
Current Portion of Leases	1,011	980.34	1,101	1,020	669.54	176.99
Other Current Liabilities	2,887	1,370	842.19	824.46	52,051	19,194
Total Current Liabilities	4,412	3,217	2,689	2,742	53,257	21,400
Long-Term Debt	9,243	9,003	550	850	1,150	1,450
Long-Term Leases	2,392	2,733	3,200	2,247	2,828	529.98
Other Long-Term Liabilities	9,352	9,357	1,138	125	174.13	124.31
Total Liabilities	25,398	24,309	7,577	5,965	57,409	23,504
Common Stock	5,501	5,459	5,383	3,868	95.54	95.39
Additional Paid-In Capital	128,977	127,502	120,120	96,167	35,061	10,858
Retained Earnings	-102,097	-96,836	-80,729	-65,519	-60,465	-15,081
Comprehensive Income & Other	2,576	3,279	3,394	2,953	1,446	307.62
Total Common Equity	34,957	39,404	48,168	37,469	-23,863	-3,819
Shareholders' Equity	34,957	39,404	48,168	38,016	-2,663	14,976
Total Liabilities & Equity	60,356	63,713	55,745	43,981	54,746	38,480
Total Debt	12,645	13,016	5,151	4,417	4,947	3,907
Net Cash (Debt)	21,791	25,494	25,425	14,271	22,849	13,992
Net Cash Growth	-5.26%	0.27%	78.16%	-37.54%	63.30%	624.94%
Net Cash Per Share	1997.02	2345.86	2890.20	2309.96	4787.67	74447.99
Filing Date Shares Outstanding	10.96	10.92	10.77	6.18	4.77	0.19
Total Common Shares Outstanding	10.96	10.92	10.77	6.18	4.77	0.19
Working Capital	35,595	40,485	32,856	20,186	-21,613	-815.06
Book Value Per Share	3189.75	3608.77	4474.03	6064.96	-5000.15	-20320.94
Tangible Book Value	34,748	39,185	47,903	37,177	-23,986	-3,874
Tangible Book Value Per Share	3170.66	3588.78	4449.44	6017.80	-5025.97	-20610.15
Land	-	2,484	2,015	2,015	2,015	2,015
Buildings	-	5,583	4,699	4,699	4,699	4,434
Machinery	-	11,142	10,498	9,670	6,530	5,328
Construction In Progress	-	657.83	120.56	382.38	3,544	539.29