Kumyang 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	6,286	19,955	56,302	19,402	36,098
Short-Term Investments	6,174	8,195	-	6,873	-
Trading Asset Securities	-	-	-	-	3,040
Cash & Short-Term Investments	12,460	28,150	56,302	26,275	39,138
Cash Growth	-55.74%	-50.00%	114.28%	-32.87%	66.44%
Accounts Receivable	20,898	27,771	21,589	36,692	58,846
Other Receivables	10,116	13,040	14,847	10,206	8,006
Receivables	31,010	40,759	36,438	49,097	67,076
Inventory	19,318	26,634	20,819	52,019	60,031
Prepaid Expenses	114.01	244.4	503.41	398.58	368.84
Other Current Assets	14,983	9,000	8,260	13,810	28,497
Total Current Assets	77,886	104,788	122,322	141,599	195,111
Property, Plant & Equipment	1,046,573	1,043,748	334,962	123,962	77,430
Long-Term Investments	37,066	45,404	91,713	3,882	1,456
Goodwill	-	-	17,095	-	-
Other Intangible Assets	31,484	36,194	113,588	0.88	0.88
Long-Term Accounts Receivable	0	-0	-	-	-
Long-Term Deferred Tax Assets	729.39	765.02	852.7	5,638	1,872
Long-Term Deferred Charges	-	-	-	1,009	-
Other Long-Term Assets	28,329	26,035	22,739	2,260	38,672
Total Assets	1,222,068	1,256,934	703,467	278,599	314,832
Accounts Payable	20,184	20,943	16,509	20,662	24,103
Accrued Expenses	33,222	22,481	4,759	3,329	2,322
Short-Term Debt	176,018	245,369	266,142	47,652	73,325
Current Portion of Long-Term Debt	52,786	26,329	34,486	21,467	11,686
Current Portion of Leases	83.65	206.36	128.34	74.23	306.28
Current Income Taxes Payable	48,464	49,762	19,338	-	6,004
Current Unearned Revenue	198.93	277.38	252.63	174.74	236.4
Other Current Liabilities	318,148	342,193	68,938	10,576	9,768
Total Current Liabilities	649,104	707,560	410,554	103,934	127,750
Long-Term Debt	86,090	42,370	37,108	44,694	53,816
Long-Term Leases	149.14	263.03	223.51	65.79	55.31
Pension & Post-Retirement Benefits	1,426	3,483	1,642	1,505	2,525
Long-Term Deferred Tax Liabilities	18,256	2,682	2,790	565.13	-
Other Long-Term Liabilities	6,465	6,040	4,615	10,079	13,278
Total Liabilities	761,491	762,398	456,932	160,842	197,425
Common Stock	31,984	31,984	29,025	29,025	24,403
Additional Paid-In Capital	612,556	581,593	206,520	69,008	35,076
Retained Earnings	-262,355	-198,449	-57,836	2,869	35,523
Treasury Stock	-0.94	-17.13	-76.27	-1,423	-1,472
Comprehensive Income & Other	76,599	74,812	17,998	18,277	23,878
Total Common Equity	458,783	489,923	195,630	117,757	117,407
Minority Interest	1,794	4,614	50,905	-	-
Shareholders' Equity	460,577	494,536	246,535	117,757	117,407
Total Liabilities & Equity	1,222,068	1,256,934	703,467	278,599	314,832
Total Debt	315,127	314,537	338,088	113,952	139,188
Net Cash (Debt)	-302,667	-286,387	-281,786	-87,677	-100,050
Net Cash Per Share	-4926.52	-4934.23	-4852.15	-1730.60	-2176.27
Filing Date Shares Outstanding	61.44	61.69	57.93	55.73	46.4
Total Common Shares Outstanding	61.44	61.69	57.93	55.73	46.4
Working Capital	-571,218	-602,773	-288,232	37,665	67,361
Book Value Per Share	7466.74	7941.36	3377.28	2113.17	2530.26
Tangible Book Value	427,299	453,729	64,947	117,756	117,407
Tangible Book Value Per Share	6954.33	7354.68	1121.21	2113.15	2530.24
Land	185,916	185,960	126,223	37,008	29,915
Buildings	100,227	99,841	49,140	30,529	28,011
Machinery	99,310	102,688	72,655	43,396	34,995
Construction In Progress	719,100	700,620	121,954	43,408	10,635

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