Heng Sheng Holding Group 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	360,361	329,350	293,729	239,574	242,251	236,811
Short-Term Investments	-	-	-	-	2,889	-
Trading Asset Securities	102.4	15.01	395.57	-	-	-
Cash & Short-Term Investments	360,464	329,365	294,125	239,574	245,139	236,811
Cash Growth	23.96%	11.98%	22.77%	-2.27%	3.52%	27.32%
Accounts Receivable	45,066	57,271	69,501	63,299	55,630	67,650
Other Receivables	-57.72	-	-	116.24	130.45	169.3
Receivables	45,196	57,271	69,501	63,416	55,760	67,819
Inventory	7,815	4,754	5,879	3,118	3,887	5,091
Prepaid Expenses	-	-	-	-	219.83	225.67
Other Current Assets	225.22	145.46	362.38	108.5	244.63	353.24
Total Current Assets	413,700	391,536	369,867	306,216	305,251	310,300
Property, Plant & Equipment	43,314	41,896	46,286	46,640	42,340	42,803
Long-Term Investments	3,360	3,218	6,310	9,299	804.64	3,849
Other Intangible Assets	1.76	1.9	-	6.03	20.56	36.01
Long-Term Deferred Tax Assets	97.72	160.45	219.02	197.02	145.89	239.04
Other Long-Term Assets	8,399	8,015	8,508	8,211	17,688	18,966
Total Assets	468,872	444,826	431,191	370,569	366,250	376,193
Accounts Payable	9,055	13,576	10,744	9,355	10,150	12,406
Accrued Expenses	1,420	3,151	2,673	2,721	-	2,928
Short-Term Debt	37,197	32,528	50,253	37,240	41,285	40,530
Current Portion of Long-Term Debt	21.87	20.48	100.64	1,801	-	221.49
Current Income Taxes Payable	175.75	391.88	393.5	53.19	64.61	760.32
Other Current Liabilities	1,399	2,404	1,519	1,279	3,554	1,833
Total Current Liabilities	49,269	52,072	65,683	52,450	55,054	58,679
Long-Term Debt	7,346	6,868	2,375	542.52	1,811	1,863
Other Long-Term Liabilities	1,031	987.74	-	69.69	-	-
Total Liabilities	57,645	59,927	68,058	53,062	56,865	60,541
Common Stock	133,489	124,981	101,570	85,721	76,486	77,567
Additional Paid-In Capital	41.9	39.22	1.55	1.4	1.4	1.44
Retained Earnings	275,816	256,577	256,660	228,373	229,947	237,956
Comprehensive Income & Other	1,880	3,303	4,900	3,412	2,950	127.01
Total Common Equity	411,228	384,899	363,132	317,507	309,385	315,652
Shareholders' Equity	411,228	384,899	363,132	317,507	309,385	315,652
Total Liabilities & Equity	468,872	444,826	431,191	370,569	366,250	376,193
Total Debt	44,564	39,416	52,728	39,583	43,096	42,615
Net Cash (Debt)	315,900	289,949	241,396	199,991	202,044	194,197
Net Cash Growth	26.89%	20.11%	20.70%	-1.02%	4.04%	28.98%
Net Cash Per Share	16246.36	16906.42	17550.41	23213.02	24568.56	24274.59
Filing Date Shares Outstanding	24.4	11.78	15.23	12.55	8.29	8
Total Common Shares Outstanding	24.4	11.78	15.23	12.55	8.29	8
Working Capital	364,431	339,464	304,184	253,766	250,197	251,621
Book Value Per Share	16850.34	32666.71	23845.99	25292.32	37340.56	39456.50
Tangible Book Value	411,226	384,897	363,132	317,501	309,364	315,616
Tangible Book Value Per Share	16850.27	32666.55	23845.99	25291.84	37338.08	39452.00
Buildings	70,364	65,879	64,756	58,183	58,376	59,926
Machinery	28,229	26,433	25,952	23,547	23,770	19,147