Nexen Tire Corporation (KRX: 002350)

Nexen Tire Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	165,890	237,635	258,370	322,331	260,098	147,266
Short-Term Investments	25,569	40,063	17,481	126,714	185,697	144,136
Trading Asset Securities	52,456	38,787	43,837	37,891	-	-
Cash & Short-Term Investments	243,915	316,485	319,688	486,936	445,795	291,402
Cash Growth	-12.41%	-1.00%	-34.35%	9.23%	52.98%	29.85%
Accounts Receivable	626,563	433,938	385,690	398,694	347,900	344,702
Other Receivables	49,722	40,440	37,127	48,706	31,831	34,810
Receivables	678,912	476,856	424,980	449,565	382,057	379,938
Inventory	658,143	640,774	649,173	497,072	346,517	385,354
Prepaid Expenses	33,422	22,246	22,408	18,000	14,143	13,550
Other Current Assets	119,658	99,724	25,839	24,433	11,756	18,312
Total Current Assets	1,734,051	1,556,084	1,442,087	1,476,006	1,200,268	1,088,556
Property, Plant & Equipment	2,408,472	2,336,102	2,148,298	2,084,985	2,110,729	2,202,518
Long-Term Investments	92,314	120,416	109,897	116,128	118,698	37,529
Goodwill	1,440	1,440	1,277	1,304	1,337	1,368
Other Intangible Assets	17,502	20,257	27,696	30,073	27,185	21,261
Long-Term Accounts Receivable	5,582	5,252	2,833	5,690	4,706	4,942
Long-Term Deferred Tax Assets	49,126	36,155	48,726	30,220	40,214	40,011
Other Long-Term Assets	177,552	147,131	151,932	66,151	23,386	21,959
Total Assets	4,495,379	4,232,662	3,944,337	3,823,413	3,541,080	3,436,052
Accounts Payable	128,560	102,219	166,468	158,716	88,376	123,902
Accrued Expenses	91,725	64,894	50,898	49,996	39,084	36,513
Short-Term Debt	536,439	458,756	663,361	255,982	240,080	79,384
Current Portion of Long-Term Debt	275,114	435,936	341,695	231,856	229,794	169,815
Current Portion of Leases	12,103	10,617	13,384	4,212	6,703	9,577
Current Income Taxes Payable	41,235	12,961	10,419	6,378	14,542	35,859
Other Current Liabilities	246,772	244,579	185,498	334,588	148,170	163,370
Total Current Liabilities	1,331,948	1,329,961	1,431,723	1,041,729	766,751	618,420
Long-Term Debt	985,529	854,853	634,565	867,960	906,897	952,506
Long-Term Leases	10,305	9,782	6,552	19,080	14,535	11,423
Long-Term Deferred Tax Liabilities	15,135	13,913	-	571.95	-	-
Other Long-Term Liabilities	68,075	54,646	47,818	38,813	39,367	36,147
Total Liabilities	2,680,529	2,527,779	2,348,105	2,223,486	1,994,128	1,878,147
Common Stock	54,084	54,084	54,084	54,084	54,084	54,084
Additional Paid-In Capital	67,382	67,382	67,382	67,382	67,382	67,382
Retained Earnings	1,579,033	1,505,813	1,424,145	1,421,524	1,400,697	1,410,288
Treasury Stock	-2,963	-2,963	-2,963	-2,963	-2,963	-2,963
Comprensive Income & Other	108,206	72,113	45,970	55,650	23,903	25,473
Total Common Equity	1,805,742	1,696,428	1,588,618	1,595,676	1,543,103	1,554,263
Minority Interest	9,108	8,455	7,614	4,251	3,850	3,642
Shareholders' Equity	1,814,850	1,704,883	1,596,232	1,599,927	1,546,952	1,557,905
Total Liabilities & Equity	4,495,379	4,232,662	3,944,337	3,823,413	3,541,080	3,436,052
Total Debt	1,819,489	1,769,944	1,659,557	1,379,090	1,398,010	1,222,705
Net Cash (Debt)	-1,575,575	-1,453,459	-1,339,870	-892,153	-952,215	-931,303
Net Cash Per Share	-15340.96	-14157.52	-13051.09	-8690.08	-9275.12	-9071.42
Filing Date Shares Outstanding	102.66	102.66	96.16	96.16	96.16	96.16
Total Common Shares Outstanding	102.66	102.66	102.66	102.66	102.66	102.66
Working Capital	402,103	226,123	10,364	434,277	433,517	470,137
Book Value Per Share	17588.95	16524.17	15474.04	15542.79	15030.70	15139.41
Tangible Book Value	1,786,799	1,674,731	1,559,646	1,564,300	1,514,581	1,531,634
Tangible Book Value Per Share	17404.43	16312.83	15191.83	15237.17	14752.88	14918.98
Land	259,895	259,295	258,976	255,768	251,498	250,352
Buildings	965,905	1,215,221	944,061	939,377	922,766	869,970
Machinery	860,420	2,132,664	1,897,997	1,879,718	1,817,210	1,700,176
Construction In Progress	158,483	76,444	269,003	92,120	33,854	151,836

Source: S&P Capital IQ. Standard template. Financial Sources.