HS Hwasung 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	80,447	125,316	227,527	136,255	216,250	243,630
Short-Term Investments	100,953	1,308	46,497	1,383	115,652	48,410
Trading Asset Securities	2,053	811.3	5,419	2,234	11,669	1,247
Cash & Short-Term Investments	183,454	127,435	279,443	139,872	343,571	293,286
Cash Growth	-28.25%	-54.40%	99.78%	-59.29%	17.14%	89.98%
Accounts Receivable	71,393	91,609	254,179	161,145	65,796	40,253
Other Receivables	24,311	23,742	14,397	12,414	3,775	4,062
Receivables	95,704	115,553	269,510	173,674	97,615	51,521
Inventory	102,217	233,841	173,400	181,177	159,283	33,945
Prepaid Expenses	1,386	381.23	1,020	1,044	1,004	837.17
Other Current Assets	26,290	41,035	74,879	49,224	12,202	13,440
Total Current Assets	409,051	518,244	798,252	544,991	613,675	393,029
Property, Plant & Equipment	34,513	37,424	37,599	41,907	57,317	51,769
Long-Term Investments	100,981	95,713	90,534	88,918	95,704	87,610
Other Intangible Assets	2,874	493.52	495.02	559.1	562.1	513.16
Long-Term Deferred Tax Assets	15,813	26,436	28,892	19,331	12,753	10,657
Other Long-Term Assets	154,186	139,989	26,312	27,206	7,532	8,148
Total Assets	737,683	833,478	991,688	746,128	807,966	580,484
Accounts Payable	26,275	46,976	43,948	56,412	42,834	23,506
Accrued Expenses	1,606	3,520	5,222	3,904	3,369	2,537
Short-Term Debt	140,000	156,108	138,000	20,000	-	52,410
Current Portion of Long-Term Debt	52,000	7,000	-	63,241	26,754	4,666
Current Portion of Leases	1,500	985.47	2,900	3,801	3,159	881.68
Current Income Taxes Payable	2,929	528.34	9,710	7,335	6,908	3,930
Current Unearned Revenue	44,321	125,227	91,731	27,801	94,799	23,761
Other Current Liabilities	21,947	26,862	52,795	40,153	45,749	24,750
Total Current Liabilities	290,578	367,207	344,306	222,647	223,572	136,442
Long-Term Debt	-	45,000	228,500	120,259	124,246	-
Long-Term Leases	-	233.04	118.41	448.37	145.96	349.48
Long-Term Unearned Revenue	-	-	24.05	168.31	312.58	456.84
Pension & Post-Retirement Benefits	1,173	721.46	68.7	-	3,296	4,747
Other Long-Term Liabilities	33,965	37,376	49,230	45,653	39,413	44,029
Total Liabilities	325,716	450,538	622,246	389,175	390,985	186,024
Common Stock	62,254	62,254	62,254	62,254	62,254	62,254
Additional Paid-In Capital	46,782	46,782	46,814	46,814	46,814	46,814
Retained Earnings	325,684	301,505	294,201	278,158	320,930	295,807
Treasury Stock	-14,813	-14,813	-17,743	-17,743	-3,081	-3,081
Comprehensive Income & Other	-10,436	-11,689	-13,139	-12,268	-10,210	-7,803
Total Common Equity	409,472	384,040	372,386	357,214	416,707	393,990
Minority Interest	2,495	-1,099	-2,945	-261.99	274.31	469.78
Shareholders' Equity	411,967	382,941	369,441	356,952	416,981	394,460
Total Liabilities & Equity	737,683	833,478	991,688	746,128	807,966	580,484
Total Debt	193,500	209,326	369,519	207,749	154,305	58,307
Net Cash (Debt)	-10,046	-81,891	-90,076	-67,877	189,266	234,979
Net Cash Growth	-	-	-	-	-19.45%	60.46%
Net Cash Per Share	-1061.38	-8835.35	-9845.96	-6673.38	15628.71	19403.49
Filing Date Shares Outstanding	9.46	9.46	9.15	9.15	12.11	12.11
Total Common Shares Outstanding	9.46	9.46	9.15	9.15	12.11	12.11
Working Capital	118,473	151,038	453,946	322,344	390,103	256,587
Book Value Per Share	43262.93	40575.86	40704.49	39046.09	34409.66	32533.84
Tangible Book Value	406,598	383,546	371,891	356,655	416,144	393,477
Tangible Book Value Per Share	42959.27	40523.72	40650.38	38984.98	34363.25	32491.46
Land	20,496	20,496	20,551	20,551	31,222	31,311
Buildings	20,435	20,188	9,607	19,837	32,163	32,163
Machinery	22,053	21,819	19,834	20,741	18,598	14,564
Construction In Progress	-	2,048	2.85	-	-	-

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