S2W Inc. 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
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
Cash & Equivalents	5,920	11,417	3,796	2,294	1,258
Short-Term Investments	5,032	2,754	5,000	7,740	5,600
Trading Asset Securities	14,153	11,048	-	-	-
Cash & Short-Term Investments	25,105	25,219	8,796	10,034	6,858
Cash Growth	203.19%	186.70%	-12.34%	46.32%	-
Accounts Receivable	-	2,209	1,897	903.72	758.82
Other Receivables	-	89.76	114.99	312.11	174.46
Receivables	-	2,299	2,012	1,616	933.28
Prepaid Expenses	-	-	-	-	4.62
Other Current Assets	2,404	704.49	368.79	156.97	119.73
Total Current Assets	27,509	28,223	11,177	11,807	7,916
Property, Plant & Equipment	1,156	1,219	1,715	2,351	3,170
Long-Term Investments	-	240	240	116.95	0
Other Intangible Assets	461.97	448.38	361.16	269.75	222.33
Long-Term Accounts Receivable	-	-	238.75	627.3	987.75
Other Long-Term Assets	720	0	721.9	697.28	662.59
Total Assets	29,847	30,514	14,903	15,869	12,958
Accrued Expenses	-	961.31	923.03	776.82	507.76
Current Portion of Leases	344.83	600.21	1,002	1,003	995.44
Other Current Liabilities	4,852	2,879	4,315	25,533	9,492
Total Current Liabilities	5,197	4,441	6,240	27,312	10,995
Long-Term Debt	-	-	-	-	7,659
Long-Term Leases	-	-	574.75	1,510	2,407
Pension & Post-Retirement Benefits	2,104	1,950	1,588	1,346	988.13
Other Long-Term Liabilities	1,019	995.44	1,208	1,004	7,216
Total Liabilities	8,320	7,386	9,611	31,173	29,265
Common Stock	5,385	5,330	2,183	1,238	1,196
Additional Paid-In Capital	69,045	68,449	47,527	-	-
Retained Earnings	-53,815	-51,860	-46,314	-31,981	-19,437
Comprehensive Income & Other	912.37	1,210	1,117	993.05	347.32
Total Common Equity	21,526	23,128	4,513	-29,750	-17,893
Shareholders' Equity	21,526	23,128	5,292	-15,304	-16,307
Total Liabilities & Equity	29,847	30,514	14,903	15,869	12,958
Total Debt	344.83	600.21	1,577	2,513	11,061
Net Cash (Debt)	24,760	24,619	7,219	7,521	-4,203
Net Cash Growth	256.75%	241.02%	-4.02%	-	-
Net Cash Per Share	2507.66	2608.80	1418.00	1551.25	-895.12
Filing Date Shares Outstanding	10.68	10.66	4.37	4.95	4.7
Total Common Shares Outstanding	10.68	10.66	4.37	4.95	4.7
Working Capital	22,312	23,782	4,937	-15,505	-3,080
Book Value Per Share	2015.07	2169.72	1033.66	-6005.38	-3810.84
Tangible Book Value	21,064	22,679	4,152	-30,020	-18,116
Tangible Book Value Per Share	1971.83	2127.65	950.94	-6059.83	-3858.19
Machinery	828.55	1,339	914.66	610.14	516.15