Heung-A Shipping Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	84,587	30,368	17,293	60,804	38,189
Short-Term Investments	45,849	43,201	52,213	18,168	463
Cash & Short-Term Investments	130,436	73,569	69,506	78,971	38,652
Cash Growth	77.30%	5.85%	-11.99%	104.31%	69.25%
Accounts Receivable	5,998	8,302	10,919	8,414	3,993
Other Receivables	2,883	3,889	4,045	2,938	2,258
Receivables	8,971	12,290	15,050	11,439	6,401
Inventory	9,398	10,110	9,599	9,225	6,824
Prepaid Expenses	654.88	1,215	816.6	723.74	400.94
Other Current Assets	4,656	4,901	6,301	4,682	2,987
Total Current Assets	154,115	102,086	101,273	105,042	55,264
Property, Plant & Equipment	239,609	280,572	175,325	166,070	142,173
Long-Term Investments	36,651	36,976	23,991	20,229	23,524
Other Intangible Assets	901.74	797.95	678.75	739.48	46.48
Long-Term Deferred Tax Assets	36.9	966.77	3,125	571.93	-
Other Long-Term Assets	21,490	22,160	21,249	23,565	21,581
Total Assets	452,822	443,559	325,653	317,060	247,299
Accounts Payable	15,022	15,567	16,404	12,961	8,879
Accrued Expenses	1,854	1,941	1,888	2,883	1,411
Short-Term Debt	10,044	11,760	11,605	14,673	30.02
Current Portion of Long-Term Debt	-	-	-	120	-
Current Portion of Leases	17,690	18,089	12,034	14,917	9,929
Current Income Taxes Payable	1,696	272.62	409.33	949.47	28.76
Other Current Liabilities	18,039	17,836	15,384	19,337	6,393
Total Current Liabilities	64,345	65,466	57,723	65,841	26,670
Long-Term Leases	120,021	135,535	93,497	111,429	107,213
Pension & Post-Retirement Benefits	1,123	1,486	2,166	3,531	5,786
Long-Term Deferred Tax Liabilities	6,909	6,618	1,136	850.95	4,626
Other Long-Term Liabilities	514.42	415.78	417.58	103.64	63.09
Total Liabilities	192,913	209,520	154,939	181,755	144,359
Common Stock	120,212	120,212	120,212	120,212	120,212
Additional Paid-In Capital	96,600	96,600	96,600	96,600	96,600
Retained Earnings	46,347	15,731	-23,572	-57,259	-80,139
Treasury Stock	-345.49	-345.49	-345.49	-345.49	-345.49
Comprehensive Income & Other	-7,766	-3,870	-27,025	-28,530	-33,388
Total Common Equity	255,047	228,328	165,870	130,678	102,940
Minority Interest	4,862	5,711	4,844	4,627	-
Shareholders' Equity	259,909	234,039	170,714	135,305	102,940
Total Liabilities & Equity	452,822	443,559	325,653	317,060	247,299
Total Debt	147,755	165,383	117,135	141,139	117,172
Net Cash (Debt)	-17,319	-91,814	-47,630	-62,167	-78,521
Net Cash Per Share	-71.90	-382.70	-198.23	-258.74	-558.87
Filing Date Shares Outstanding	242.7	240.26	240.26	240.26	240.26
Total Common Shares Outstanding	242.7	240.26	240.26	240.26	240.26
Working Capital	89,770	36,620	43,550	39,201	28,593
Book Value Per Share	1050.89	950.32	690.36	543.89	428.44
Tangible Book Value	254,146	227,530	165,191	129,938	102,893
Tangible Book Value Per Share	1047.17	947.00	687.54	540.81	428.25
Buildings	422.55	433.65	307.2	307.2	-
Machinery	47,455	72,271	55,226	33,096	15,125
Construction In Progress	-	-	-	432.31	-

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