SAMICK MUSICAL INSTRUMENT Co., Ltd (KRX:002450)

SAMICK MUSICAL INSTRUMENT Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	97,120	97,665	89,123	81,893	104,290	78,469
Short-Term Investments	16,876	8,323	3,297	1,016	974.2	-
Cash & Short-Term Investments	113,996	105,988	92,420	82,909	105,265	78,469
Cash Growth	22.75%	14.68%	11.47%	-21.24%	34.15%	224.24%
Accounts Receivable	17,034	27,049	27,813	37,986	42,953	33,063
Other Receivables	568.59	1,588	1,145	2,050	1,960	771.79
Receivables	28,126	29,782	29,078	40,123	45,149	35,213
Inventory	39,401	44,445	63,857	81,639	95,115	86,229
Prepaid Expenses	822.91	603.22	984.47	1,224	1,843	2,665
Other Current Assets	3,796	3,489	3,932	4,401	4,613	3,422
Total Current Assets	186,141	184,307	190,271	210,295	251,984	205,997
Property, Plant & Equipment	222,634	228,171	237,013	212,344	221,569	223,936
Long-Term Investments	6,768	13,936	14,510	11,287	10,429	6,659
Goodwill	3,490	3,566	4,847	4,823	3,397	16,423
Other Intangible Assets	41,468	42,287	39,654	37,574	37,809	47,440
Long-Term Accounts Receivable	-	-0	-0	0	-0	-0
Long-Term Deferred Tax Assets	4,576	5,234	5,746	5,813	6,623	7,564
Other Long-Term Assets	48,855	47,482	42,118	39,423	53,494	114,352
Total Assets	513,931	524,983	534,158	521,559	585,305	622,372
Accounts Payable	11,216	21,038	22,220	37,973	32,428	21,129
Accrued Expenses	2,620	2,410	3,044	2,130	3,100	2,074
Short-Term Debt	76,507	73,735	78,749	77,348	136,353	141,851
Current Portion of Long-Term Debt	82,895	10,768	13,678	5,726	7,186	53,609
Current Portion of Leases	794.8	778.88	679.96	301.24	216.47	300.7
Current Income Taxes Payable	596.93	933.72	673.47	3,904	12,265	1,677
Current Unearned Revenue	2,181	2,146	2,033	864.48	851.11	782.75
Other Current Liabilities	10,225	12,447	15,785	6,221	15,233	13,982
Total Current Liabilities	187,037	124,257	136,863	134,468	207,632	235,406
Long-Term Debt	1,845	82,099	89,102	99,824	95,347	131,358
Long-Term Leases	1,264	1,524	1,538	415.04	195.97	186.95
Long-Term Unearned Revenue	31,210	32,526	33,116	15,200	15,846	15,495
Pension & Post-Retirement Benefits	6,357	6,661	6,118	5,450	6,864	10,678
Long-Term Deferred Tax Liabilities	338.02	106.55	333.39	-	-	-
Other Long-Term Liabilities	5,897	5,656	4,886	5,548	5,509	6,351
Total Liabilities	233,948	252,830	271,956	260,906	331,394	399,475
Common Stock	45,265	45,265	45,265	45,265	45,265	45,265
Additional Paid-In Capital	26,378	26,378	26,378	26,378	26,378	26,378
Retained Earnings	230,440	213,247	214,347	215,880	205,271	184,869
Treasury Stock	-24,320	-24,320	-17,915	-17,915	-14,526	-13,451
Comprehensive Income & Other	3,063	12,505	-5,118	-8,251	-7,411	-19,976
Total Common Equity	280,826	273,075	262,957	261,358	254,977	223,085
Minority Interest	-842.9	-922.08	-754.61	-704.82	-1,066	-187.55
Shareholders' Equity	279,983	272,153	262,203	260,653	253,911	222,897
Total Liabilities & Equity	513,931	524,983	534,158	521,559	585,305	622,372
Total Debt	163,306	168,905	183,747	183,615	239,298	327,306
Net Cash (Debt)	-49,309	-62,917	-91,327	-100,705	-134,034	-248,837
Net Cash Per Share	-654.29	-813.98	-1127.07	-1240.82	-1604.84	-2978.99
Filing Date Shares Outstanding	76.35	76.03	81.03	81.03	82.94	83.53
Total Common Shares Outstanding	76.35	76.03	81.03	81.03	82.94	83.53
Working Capital	-895.61	60,051	53,408	75,827	44,352	-29,409
Book Value Per Share	3678.11	3591.63	3245.15	3225.40	3074.08	2670.69
Tangible Book Value	235,869	227,223	218,456	218,961	213,771	159,221
Tangible Book Value Per Share	3089.29	2988.56	2695.96	2702.19	2577.29	1906.14
Land	59,180	56,688	55,645	54,223	54,212	59,608
Buildings	85,839	88,670	89,387	79,597	85,548	81,199
Machinery	69,264	76,846	87,529	71,026	77,364	82,343
Construction In Progress	4,886	2,183	836.14	5,328	2,016	318.78

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