Heng Sheng Holding Group 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	FY 2021
Period Ending	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	329,350	293,729	239,574	242,251	236,811
Short-Term Investments	-	-	-	2,889	-
Trading Asset Securities	15.01	395.57	-	-	-
Cash & Short-Term Investments	329,365	294,125	239,574	245,139	236,811
Cash Growth	11.98%	22.77%	-2.27%	3.52%	27.32%
Accounts Receivable	57,271	69,501	63,299	55,630	67,650
Other Receivables	-	-	116.24	130.45	169.3
Receivables	57,271	69,501	63,416	55,760	67,819
Inventory	4,754	5,879	3,118	3,887	5,091
Prepaid Expenses	-	-	-	219.83	225.67
Other Current Assets	145.46	362.38	108.5	244.63	353.24
Total Current Assets	391,536	369,867	306,216	305,251	310,300
Property, Plant & Equipment	41,896	46,286	46,640	42,340	42,803
Long-Term Investments	3,218	6,310	9,299	804.64	3,849
Other Intangible Assets	1.9	-	6.03	20.56	36.01
Long-Term Deferred Tax Assets	160.45	219.02	197.02	145.89	239.04
Other Long-Term Assets	8,015	8,508	8,211	17,688	18,966
Total Assets	444,826	431,191	370,569	366,250	376,193
Accounts Payable	13,576	10,744	9,355	10,150	12,406
Accrued Expenses	3,151	2,673	2,721	-	2,928
Short-Term Debt	32,528	50,253	37,240	41,285	40,530
Current Portion of Long-Term Debt	20.48	100.64	1,801	-	221.49
Current Income Taxes Payable	391.88	393.5	53.19	64.61	760.32
Other Current Liabilities	2,404	1,519	1,279	3,554	1,833
Total Current Liabilities	52,072	65,683	52,450	55,054	58,679
Long-Term Debt	6,868	2,375	542.52	1,811	1,863
Other Long-Term Liabilities	987.74	-	69.69	-	-
Total Liabilities	59,927	68,058	53,062	56,865	60,541
Common Stock	124,981	101,570	85,721	76,486	77,567
Additional Paid-In Capital	39.22	1.55	1.4	1.4	1.44
Retained Earnings	256,577	256,660	228,373	229,947	237,956
Comprehensive Income & Other	3,303	4,900	3,412	2,950	127.01
Total Common Equity	384,899	363,132	317,507	309,385	315,652
Shareholders' Equity	384,899	363,132	317,507	309,385	315,652
Total Liabilities & Equity	444,826	431,191	370,569	366,250	376,193
Total Debt	39,416	52,728	39,583	43,096	42,615
Net Cash (Debt)	289,949	241,396	199,991	202,044	194,197
Net Cash Growth	20.11%	20.70%	-1.02%	4.04%	28.98%
Net Cash Per Share	16906.42	17550.41	23213.02	24568.56	24274.59
Filing Date Shares Outstanding	11.78	15.23	12.55	8.29	8
Total Common Shares Outstanding	11.78	15.23	12.55	8.29	8
Working Capital	339,464	304,184	253,766	250,197	251,621
Book Value Per Share	32666.71	23845.99	25292.32	37340.56	39456.50
Tangible Book Value	384,897	363,132	317,501	309,364	315,616
Tangible Book Value Per Share	32666.55	23845.99	25291.84	37338.08	39452.00
Buildings	65,879	64,756	58,183	58,376	59,926
Machinery	26,433	25,952	23,547	23,770	19,147

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