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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	75,462	89,123	81,893	104,290	78,469	24,201
Short-Term Investments	17,406	3,297	1,016	974.2	-	-
Cash & Short-Term Investments	92,868	92,420	82,909	105,265	78,469	24,201
Cash Growth	32.57%	11.47%	-21.24%	34.15%	224.24%	-22.53%
Accounts Receivable	18,874	27,813	37,986	42,953	33,063	35,780
Other Receivables	976.13	1,145	2,050	1,960	771.79	1,150
Receivables	20,286	29,078	40,123	45,149	35,213	37,798
Inventory	48,911	63,857	81,639	95,115	86,229	107,575
Prepaid Expenses	690.81	984.47	1,224	1,843	2,665	3,231
Other Current Assets	4,489	3,932	4,401	4,613	3,422	3,751
Total Current Assets	167,246	190,271	210,295	251,984	205,997	176,556
Property, Plant & Equipment	227,299	237,013	212,344	221,569	223,936	236,810
Long-Term Investments	11,812	14,510	11,287	10,429	6,659	9,220
Goodwill	4,881	4,847	4,823	3,397	16,423	17,064
Other Intangible Assets	40,399	39,654	37,574	37,809	47,440	49,093
Long-Term Accounts Receivable	-	-0	0	-0	-0	0
Long-Term Deferred Tax Assets	4,995	5,746	5,813	6,623	7,564	8,409
Other Long-Term Assets	42,455	42,118	39,423	53,494	114,352	115,700
Total Assets	499,088	534,158	521,559	585,305	622,372	612,853
Accounts Payable	9,441	22,220	37,973	32,428	21,129	24,716
Accrued Expenses	2,756	3,044	2,130	3,100	2,074	2,268
Short-Term Debt	73,455	78,749	77,348	136,353	141,851	101,131
Current Portion of Long-Term Debt	8,120	13,678	5,726	7,186	53,609	6,408
Current Portion of Leases	717.92	679.96	301.24	216.47	300.7	353.92
Current Income Taxes Payable	157.08	673.47	3,904	12,265	1,677	902.35
Current Unearned Revenue	2,111	2,033	864.48	851.11	782.75	782.53
Other Current Liabilities	13,063	15,785	6,221	15,233	13,982	15,977
Total Current Liabilities	109,821	136,863	134,468	207,632	235,406	152,538
Long-Term Debt	84,596	89,102	99,824	95,347	131,358	201,305
Long-Term Leases	1,494	1,538	415.04	195.97	186.95	372.25
Long-Term Unearned Revenue	32,592	33,116	15,200	15,846	15,495	16,278
Long-Term Deferred Tax Liabilities	-	333.39	-	-	-	-
Other Long-Term Liabilities	4,657	4,886	5,548	5,509	6,351	7,797
Total Liabilities	238,988	271,956	260,906	331,394	399,475	388,688
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	213,520	214,347	215,880	205,271	184,869	179,906
Treasury Stock	-24,320	-17,915	-17,915	-14,526	-13,451	-13,451
Comprehensive Income & Other	12.26	-5,118	-8,251	-7,411	-19,976	-13,788
Total Common Equity	260,856	262,957	261,358	254,977	223,085	224,310
Minority Interest	-755.82	-754.61	-704.82	-1,066	-187.55	-145.05
Shareholders' Equity	260,100	262,203	260,653	253,911	222,897	224,165
Total Liabilities & Equity	499,088	534,158	521,559	585,305	622,372	612,853
Total Debt	168,383	183,747	183,615	239,298	327,306	309,570
Net Cash (Debt)	-75,515	-91,327	-100,705	-134,034	-248,837	-285,369
Net Cash Per Share	-961.39	-1127.07	-1240.82	-1604.84	-2978.99	-3416.32
Filing Date Shares Outstanding	76.03	81.03	81.03	82.94	83.53	83.53
Total Common Shares Outstanding	76.03	81.03	81.03	82.94	83.53	83.53
Working Capital	57,425	53,408	75,827	44,352	-29,409	24,018
Book Value Per Share	3430.91	3245.15	3225.40	3074.08	2670.69	2685.35
Tangible Book Value	215,575	218,456	218,961	213,771	159,221	158,152
Tangible Book Value Per Share	2835.36	2695.96	2702.19	2577.29	1906.14	1893.34
Land	55,523	55,645	54,223	54,212	59,608	61,117
Buildings	87,502	89,387	79,597	85,548	81,199	86,056
Machinery	79,914	87,529	71,026	77,364	82,343	88,430
Construction In Progress	740.22	836.14	5,328	2,016	318.78	499.72

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