CMES Inc. 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	39,167	65,810	13,432	22,740
Short-Term Investments	7,000	-	-	-
Cash & Short-Term Investments	46,167	65,810	13,432	22,740
Cash Growth	-29.85%	389.95%	-40.93%	-
Accounts Receivable	1,917	3,002	1,478	1,375
Other Receivables	282.29	5.56	12.15	3.75
Receivables	2,199	3,008	1,490	1,378
Inventory	4,211	1,494	1,166	1,347
Prepaid Expenses	138.77	151.1	92.5	97.56
Other Current Assets	6,893	2,281	1,466	1,359
Total Current Assets	59,608	72,744	17,647	26,923
Property, Plant & Equipment	6,967	5,539	4,810	2,396
Long-Term Investments	1,052	51.32	49.77	0
Other Intangible Assets	370.94	357.81	433.35	440.79
Other Long-Term Assets	634.92	1,996	813.89	1,034
Total Assets	68,933	80,988	23,854	30,893
Accounts Payable	673.7	586.4	158.35	190.44
Accrued Expenses	473.05	339.22	217.23	-
Short-Term Debt	1,578	-	-	-
Current Portion of Leases	546.94	668.6	637.46	341.09
Other Current Liabilities	6,351	2,405	952.06	24,776
Total Current Liabilities	9,623	3,999	1,965	25,307
Long-Term Debt	-	2,340	1,760	-
Long-Term Leases	267.51	286.72	762.21	104.13
Other Long-Term Liabilities	67.75	112.85	106.53	7.77
Total Liabilities	9,958	6,739	4,594	25,419
Common Stock	5,851	5,804	4,530	214.34
Additional Paid-In Capital	108,826	107,890	40,493	5,954
Retained Earnings	-58,378	-41,601	-28,139	-12,453
Comprehensive Income & Other	2,675	2,156	2,377	1,310
Total Common Equity	58,974	74,249	19,260	-4,974
Shareholders' Equity	58,974	74,249	19,260	5,473
Total Liabilities & Equity	68,933	80,988	23,854	30,893
Total Debt	2,393	3,295	3,160	445.22
Net Cash (Debt)	43,774	62,514	10,272	22,295
Net Cash Growth	-29.98%	508.59%	-53.93%	-
Net Cash Per Share	3756.01	6509.09	1483.43	3263.55
Filing Date Shares Outstanding	11.7	11.61	9.06	6.83
Total Common Shares Outstanding	11.7	11.61	9.06	6.83
Working Capital	49,985	68,744	15,682	1,615
Book Value Per Share	5039.82	6396.11	2126.02	-728.11
Tangible Book Value	58,603	73,891	18,827	-5,415
Tangible Book Value Per Share	5008.12	6365.29	2078.19	-792.64
Machinery	3,750	1,750	963.82	775.66
Construction In Progress	2,929	2,841	2,134	880.03

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