Shinpoong Paper Mfg. 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	6,975	6,653	5,370	9,529	13,028	9,982
Short-Term Investments	19,040	26,060	28,722	32,583	33,411	29,417
Trading Asset Securities	8,449	3,849	8,528	9,296	17,738	10,440
Cash & Short-Term Investments	34,464	36,561	42,620	51,408	64,177	49,839
Cash Growth	-12.34%	-14.21%	-17.09%	-19.90%	28.77%	-0.03%
Accounts Receivable	4,914	4,611	4,342	9,820	3,849	7,501
Other Receivables	2,212	2,991	1,763	1,433	604.57	465.78
Receivables	7,126	7,602	6,375	11,553	4,453	8,935
Inventory	6,464	6,689	5,558	14,143	4,899	7,098
Prepaid Expenses	30.14	22.65	28.95	52.57	18.61	26.63
Other Current Assets	172.49	304.82	20,940	766.79	130.45	166.22
Total Current Assets	48,257	51,180	75,522	77,924	73,678	66,065
Property, Plant & Equipment	1,893	2,295	1,591	10,106	1,148	1,568
Long-Term Investments	25,743	20,975	14,443	18,632	17,729	37,470
Goodwill	-	-	-	999.73	-	-
Other Intangible Assets	-	-	13.88	2,052	-	-
Long-Term Accounts Receivable	0	0	0	-0	0	-0
Other Long-Term Assets	794.1	867.92	12,621	2,705	1,318	2,652
Total Assets	76,688	75,318	104,191	112,418	93,873	107,755
Accounts Payable	1,232	1,169	1,029	8,716	19.68	766.15
Accrued Expenses	141.42	115.52	128.83	110.07	329.77	81.34
Short-Term Debt	-	368.39	5,634	16,819	350.53	408.22
Current Portion of Long-Term Debt	-	0	-0	320	282.8	574
Current Portion of Leases	621.77	733.51	878.58	892.96	272.22	560.51
Other Current Liabilities	759.46	662.52	23,329	857.28	2,578	3,070
Total Current Liabilities	2,754	3,049	30,999	27,715	3,833	5,460
Long-Term Debt	-	-	-	-	-	262.91
Long-Term Leases	-	443.83	75.75	1,366	634.3	690.45
Pension & Post-Retirement Benefits	199	82.56	-	309.13	-	896.1
Long-Term Deferred Tax Liabilities	-	-	-	322.03	-	-
Other Long-Term Liabilities	29.64	25.3	1,474	358.38	24.3	33.47
Total Liabilities	2,983	3,601	32,548	30,070	4,492	7,343
Common Stock	17,479	17,479	17,479	17,479	17,479	17,479
Additional Paid-In Capital	-341.94	-341.94	-341.94	-341.94	-341.94	-341.94
Retained Earnings	32,086	30,098	30,502	38,586	80,416	91,842
Treasury Stock	-8,172	-8,172	-8,172	-8,172	-8,172	-8,172
Comprehensive Income & Other	32,653	32,653	32,653	32,653	0	0
Total Common Equity	73,705	71,717	72,121	80,205	89,382	100,808
Minority Interest	-	-	-478.46	2,143	-	-395.56
Shareholders' Equity	73,705	71,717	71,642	82,348	89,382	100,412
Total Liabilities & Equity	76,688	75,318	104,191	112,418	93,873	107,755
Total Debt	621.77	1,546	6,588	19,398	1,540	2,496
Net Cash (Debt)	33,842	35,016	36,032	32,010	62,637	47,343
Net Cash Growth	-9.48%	-2.82%	12.56%	-48.90%	32.30%	6.42%
Net Cash Per Share	1224.65	1263.81	1300.48	1155.33	2260.75	1708.75
Filing Date Shares Outstanding	27.71	27.71	27.71	27.71	27.71	27.71
Total Common Shares Outstanding	27.71	27.71	27.71	27.71	27.71	27.71
Working Capital	45,503	48,131	44,523	50,209	69,845	60,606
Book Value Per Share	2660.21	2588.45	2603.04	2894.81	3226.03	3638.43
Tangible Book Value	73,705	71,717	72,107	77,153	89,382	100,808
Tangible Book Value Per Share	2660.21	2588.45	2602.54	2784.68	3226.03	3638.43
Land	67.4	67.4	67.4	606.33	67.4	67.4
Buildings	-	-	-	7,054	-	-
Machinery	1,346	1,334	428.29	491.6	439.29	1,193
Construction In Progress	-	132.54	-	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.