SeAH Besteel Holdings 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	182,865	232,872	263,555	97,265	136,897	64,773
Short-Term Investments	-	4,256	6,781	6,002	6,501	6,360
Trading Asset Securities	7,135	2,513	22,434	12.7	34.91	23,716
Cash & Short-Term Investments	190,000	239,641	292,770	103,280	143,433	94,849
Cash Growth	-37.69%	-18.15%	183.47%	-27.99%	51.22%	-64.70%
Accounts Receivable	493,913	400,116	396,339	423,658	515,556	424,752
Other Receivables	25,711	9,062	3,668	5,895	10,506	14,219
Receivables	521,184	410,732	401,765	431,400	528,534	441,499
Inventory	1,012,418	975,621	970,044	1,104,872	1,119,892	1,087,654
Prepaid Expenses	11,830	9,243	6,644	5,128	8,129	5,866
Other Current Assets	34,581	68,068	41,457	19,557	9,121	6,151
Total Current Assets	1,770,012	1,703,305	1,712,680	1,664,236	1,809,109	1,636,019
Property, Plant & Equipment	1,826,048	1,793,561	1,703,741	1,674,084	1,716,809	1,709,723
Long-Term Investments	251,810	245,910	173,181	127,156	118,255	85,623
Goodwill	-	9,828	9,828	9,828	9,828	9,828
Other Intangible Assets	73,696	65,473	67,258	41,620	14,704	17,297
Long-Term Deferred Tax Assets	24,742	26,615	78,895	61,214	55,006	37,213
Other Long-Term Assets	43,582	57,372	69,531	77,953	86,707	22,227
Total Assets	4,003,113	3,914,568	3,826,647	3,665,171	3,818,404	3,525,997
Accounts Payable	340,552	249,351	230,213	269,175	390,598	452,920
Accrued Expenses	78,861	76,859	70,083	91,961	101,810	77,730
Short-Term Debt	332,226	115,777	142,071	122,819	233,694	112,431
Current Portion of Long-Term Debt	97,044	293,467	410,290	148,445	173,580	179,377
Current Portion of Leases	6,529	7,416	8,615	7,379	8,076	8,144
Current Income Taxes Payable	7,905	4,439	17,114	30,051	28,816	21,943
Current Unearned Revenue	3,657	3,648	1,483	2,735	1,223	1,402
Other Current Liabilities	187,214	165,972	257,364	76,731	87,793	56,959
Total Current Liabilities	1,053,987	916,930	1,137,233	749,296	1,025,590	910,906
Long-Term Debt	797,580	851,943	490,203	613,150	548,600	452,744
Long-Term Leases	19,675	20,779	14,572	18,832	24,569	30,992
Pension & Post-Retirement Benefits	18,056	8,281	79.53	-	554.41	17,249
Long-Term Deferred Tax Liabilities	136,236	136,313	130,033	148,436	164,747	152,848
Other Long-Term Liabilities	24,988	27,368	23,120	96,407	82,598	54,896
Total Liabilities	2,050,521	1,961,615	1,795,240	1,626,121	1,846,659	1,619,635
Common Stock	219,311	219,311	219,311	219,311	219,311	219,311
Additional Paid-In Capital	305,527	305,527	305,527	305,527	305,527	308,816
Retained Earnings	1,244,041	1,265,335	1,263,600	1,289,735	1,218,772	1,162,351
Treasury Stock	-	-	-	-	-	-12,697
Comprehensive Income & Other	173,367	153,257	151,316	140,821	142,007	140,398
Total Common Equity	1,942,246	1,943,430	1,939,753	1,955,394	1,885,616	1,818,178
Minority Interest	10,346	9,524	91,654	83,656	86,129	88,184
Shareholders' Equity	1,952,591	1,952,954	2,031,407	2,039,050	1,971,745	1,906,362
Total Liabilities & Equity	4,003,113	3,914,568	3,826,647	3,665,171	3,818,404	3,525,997
Total Debt	1,253,054	1,289,382	1,065,751	910,625	988,520	783,688
Net Cash (Debt)	-1,063,054	-1,049,741	-772,981	-807,345	-845,087	-688,839
Net Cash Per Share	-29642.68	-29271.60	-21554.24	-22512.47	-23895.21	-19385.65
Filing Date Shares Outstanding	35.85	35.86	35.86	35.86	35.86	35.44
Total Common Shares Outstanding	35.85	35.86	35.86	35.86	35.86	35.44
Working Capital	716,026	786,375	575,447	914,939	783,520	725,113
Book Value Per Share	54176.65	54191.72	54089.18	54525.33	52579.60	51304.06
Tangible Book Value	1,868,549	1,868,129	1,862,667	1,903,946	1,861,083	1,791,053
Tangible Book Value Per Share	52120.98	52091.97	51939.68	53090.73	51895.52	50538.67
Land	-	807,238	799,281	793,674	793,626	801,385
Buildings	-	746,570	724,505	711,648	702,811	693,109
Machinery	-	2,710,356	2,729,849	2,809,050	2,828,197	2,786,600
Construction In Progress	-	170,353	96,408	84,797	72,118	54,032