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

SAMICK MUSICAL INSTRUMENT Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	51,182	103,848	97,665	89,123	81,893	104,290
Short-Term Investments	12,155	6,519	8,323	3,297	1,016	974.2
Cash & Short-Term Investments	63,337	110,367	105,988	92,420	82,909	105,265
Cash Growth	-45.21%	4.13%	14.68%	11.47%	-21.24%	34.15%
Accounts Receivable	21,423	22,569	27,049	27,813	37,986	42,953
Other Receivables	982.55	975.71	1,588	1,145	2,050	1,960
Receivables	29,489	31,274	29,782	29,078	40,123	45,149
Inventory	41,692	33,609	44,445	63,857	81,639	95,115
Prepaid Expenses	1,749	669.47	603.22	984.47	1,224	1,843
Other Current Assets	4,299	5,890	3,489	3,932	4,401	4,613
Total Current Assets	140,566	181,810	184,307	190,271	210,295	251,984
Property, Plant & Equipment	290,054	221,696	228,171	237,013	212,344	221,569
Long-Term Investments	92,452	17,825	13,936	14,510	11,287	10,429
Goodwill	31,244	3,526	3,566	4,847	4,823	3,397
Other Intangible Assets	41,360	40,178	42,287	39,654	37,574	37,809
Long-Term Accounts Receivable	-	0	-0	-0	0	-0
Long-Term Deferred Tax Assets	4,768	5,128	5,234	5,746	5,813	6,623
Other Long-Term Assets	47,710	44,297	47,482	42,118	39,423	53,494
Total Assets	648,153	514,461	524,983	534,158	521,559	585,305

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	17,356	18,892	21,038	22,220	37,973	32,428
Accrued Expenses	3,014	2,139	2,410	3,044	2,130	3,100
Short-Term Debt	156,852	71,724	73,735	78,749	77,348	136,353
Current Portion of Long-Term Debt	24.43	80,047	10,768	13,678	5,726	7,186
Current Portion of Leases	1,748	842.85	778.88	679.96	301.24	216.47
Current Income Taxes Payable	4,256	1,855	933.72	673.47	3,904	12,265
Current Unearned Revenue	2,434	2,215	2,146	2,033	864.48	851.11
Other Current Liabilities	17,751	14,000	12,447	15,785	6,221	15,233
Total Current Liabilities	203,435	191,716	124,257	136,863	134,468	207,632
Long-Term Debt	49,521	1,465	82,099	89,102	99,824	95,347
Long-Term Leases	6,701	1,303	1,524	1,538	415.04	195.97
Long-Term Unearned Revenue	32,404	31,194	32,526	33,116	15,200	15,846
Pension & Post-Retirement Benefits	7,318	6,837	6,661	6,118	5,450	6,864
Long-Term Deferred Tax Liabilities	9,012	300.71	106.55	333.39	-	-
Other Long-Term Liabilities	10,561	1,742	5,656	4,886	5,548	5,509
Total Liabilities	318,952	234,557	252,830	271,956	260,906	331,394

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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	266,771	226,795	213,247	214,347	215,880	205,271
Treasury Stock	-24,320	-24,320	-24,320	-17,915	-17,915	-14,526
Comprehensive Income & Other	16,604	7,020	12,505	-5,118	-8,251	-7,411
Total Common Equity	330,698	281,138	273,075	262,957	261,358	254,977
Minority Interest	-1,498	-1,235	-922.08	-754.61	-704.82	-1,066
Shareholders' Equity	329,201	279,903	272,153	262,203	260,653	253,911
Total Liabilities & Equity	648,153	514,461	524,983	534,158	521,559	585,305

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	214,846	155,381	168,905	183,747	183,615	239,298
Net Cash (Debt)	-151,510	-45,014	-62,917	-91,327	-100,705	-134,034
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1993.36	-592.04	-819.65	-1127.07	-1240.82	-1604.84
Filing Date Shares Outstanding	76	76.03	76.03	81.03	81.03	82.94
Total Common Shares Outstanding	76	76.03	76.03	81.03	81.03	82.94
Working Capital	-62,869	-9,906	60,051	53,408	75,827	44,352
Book Value Per Share	4351.58	3697.68	3591.63	3245.15	3225.40	3074.08
Tangible Book Value	258,095	237,434	227,223	218,456	218,961	213,771
Tangible Book Value Per Share	3396.21	3122.86	2988.56	2695.96	2702.19	2577.29
Land	82,010	59,565	56,688	55,645	54,223	54,212
Buildings	123,924	85,608	88,670	89,387	79,597	85,548
Machinery	66,614	67,626	76,846	87,529	71,026	77,364
Construction In Progress	7,414	5,285	2,183	836.14	5,328	2,016

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 3, 2026

Data Sources Report a data error