Shin Hwa Dynamics Balance Sheet

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	14,358	13,557	3,230	18,180	4,923	8,039
Short-Term Investments	20	-	-	-	-	-
Cash & Short-Term Investments	14,378	13,557	3,230	18,180	4,923	8,039
Cash Growth	20.54%	319.74%	-82.23%	269.26%	-38.76%	12.70%
Accounts Receivable	17,548	20,708	22,404	19,734	25,921	21,498
Other Receivables	13.95	32.96	32.24	42.01	139.95	54.7
Receivables	17,662	20,939	22,588	19,883	26,184	21,704
Inventory	26,684	23,712	31,556	24,570	15,540	11,522
Prepaid Expenses	633.61	120.68	706.67	321.85	10.28	9.37
Other Current Assets	4.84	208.63	1,224	14.35	29.46	298.61
Total Current Assets	59,362	58,537	59,304	62,970	46,687	41,573
Property, Plant & Equipment	19,385	18,033	17,512	17,019	15,881	14,653
Long-Term Investments	3,834	3,721	3,920	3,896	4,099	3,272
Other Intangible Assets	178.5	26	28	28	37.2	299.08
Long-Term Deferred Tax Assets	1,011	1,427	-	-	-	-
Other Long-Term Assets	238.93	225.78	3,780	3,943	3,653	3,691
Total Assets	84,009	81,971	84,766	88,292	71,036	64,200
Accounts Payable	-	14,639	19,787	17,721	12,050	12,939
Accrued Expenses	1,292	1,213	812.92	-	-	554.8
Short-Term Debt	8,000	10,000	12,000	8,700	8,700	8,700
Current Portion of Long-Term Debt	2,000	-	-	5,000	-	-
Current Income Taxes Payable	-	-	-	2,490	1,220	-
Current Unearned Revenue	-	-	19.32	-	-	-
Other Current Liabilities	17,464	357.49	470.41	2,225	2,210	548.09
Total Current Liabilities	28,756	26,210	33,089	36,135	24,180	22,742
Long-Term Debt	-	2,000	-	-	5,000	5,000
Pension & Post-Retirement Benefits	72.9	37.12	-	-	476.5	1,197
Long-Term Deferred Tax Liabilities	-	-	286.38	556.37	592.84	445.34
Other Long-Term Liabilities	92.85	107.99	125.15	144.72	186.36	212.47
Total Liabilities	28,921	28,355	33,501	36,836	30,436	29,596
Common Stock	6,074	6,074	6,074	6,074	6,074	6,074
Additional Paid-In Capital	1,616	1,616	1,616	1,616	1,616	1,616
Retained Earnings	42,713	41,311	38,649	38,737	27,696	21,854
Comprehensive Income & Other	4,684	4,615	4,926	5,029	5,214	5,060
Shareholders' Equity	55,088	53,616	51,265	51,456	40,601	34,604
Total Liabilities & Equity	84,009	81,971	84,766	88,292	71,036	64,200
Total Debt	10,000	12,000	12,000	13,700	13,700	13,700
Net Cash (Debt)	4,378	1,557	-8,770	4,480	-8,777	-5,661
Net Cash Per Share	3603.34	1281.89	-7218.91	3687.34	-7224.33	-4659.76
Filing Date Shares Outstanding	1.21	1.21	1.21	1.21	1.21	1.21
Total Common Shares Outstanding	1.21	1.21	1.21	1.21	1.21	1.21
Working Capital	30,606	32,328	26,215	26,835	22,507	18,831
Book Value Per Share	45344.42	44132.61	42197.93	42354.85	33419.55	28483.69
Tangible Book Value	54,909	53,590	51,237	51,428	40,563	34,305
Tangible Book Value Per Share	45197.50	44111.21	42174.88	42331.80	33388.93	28237.51
Land	9,240	9,240	9,240	9,240	9,240	8,974
Buildings	9,773	9,773	9,707	9,154	9,000	8,413
Machinery	11,469	11,099	10,581	14,241	13,164	13,243
Construction In Progress	2,946	1,431	1,181	1,161	651.73	-

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