Michang Oil Ind. Co., Ltd. (KRX: 003650)

Michang Oil Ind. 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	25,631	30,288	25,894	37,442	56,196	26,339
Trading Asset Securities	200,322	110,741	84,043	79,724	49,989	49,873
Cash & Short-Term Investments	225,954	141,029	109,937	117,166	106,185	76,212
Cash Growth	84.83%	28.28%	-6.17%	10.34%	39.33%	-18.56%
Accounts Receivable	74,173	67,607	62,395	63,080	45,259	52,742
Other Receivables	24,177	27,672	28,337	23,056	19,126	18,466
Receivables	98,349	95,279	91,653	88,608	65,385	71,208
Inventory	53,221	52,022	62,217	51,404	45,097	56,908
Prepaid Expenses	3,758	1,259	2,583	3,180	1,883	5,160
Other Current Assets	2,776	2.72	123.95	68.2	559.87	1.23
Total Current Assets	384,058	289,592	266,514	260,426	219,110	209,489
Property, Plant & Equipment	38,434	38,531	40,724	41,479	42,513	41,349
Long-Term Investments	66,658	68,508	33,075	30,289	34,669	28,912
Other Intangible Assets	384.25	425.57	463.15	541.42	619.69	697.96
Long-Term Accounts Receivable	-	-	-0	-0	-0	-0
Long-Term Deferred Tax Assets	-	-	274.41	-	-	-
Other Long-Term Assets	19,014	17,841	16,276	14,862	14,902	14,919
Total Assets	509,879	416,240	357,326	347,597	311,813	295,367
Accounts Payable	26,542	21,713	19,310	22,136	17,802	25,660
Accrued Expenses	624.54	660.89	603.07	577.11	551.02	376.59
Short-Term Debt	50,000	10,000	-	-	-	-
Current Portion of Leases	144.16	158.5	212.31	144.33	136.83	138.46
Current Income Taxes Payable	6,802	6,589	6,322	8,434	3,506	2,832
Other Current Liabilities	8,993	7,477	6,502	7,870	5,496	2,760
Total Current Liabilities	93,106	46,599	32,950	39,162	27,492	31,767
Long-Term Leases	2,938	3,323	3,232	2,327	2,114	2,037
Long-Term Deferred Tax Liabilities	7,179	1,458	-	2,261	3,276	2,026
Other Long-Term Liabilities	50	0	-	50	97.2	100
Total Liabilities	103,273	51,381	36,181	45,615	34,686	37,419
Common Stock	8,698	8,698	8,698	8,698	8,698	8,698
Additional Paid-In Capital	13,137	13,137	13,137	13,137	13,137	13,137
Retained Earnings	403,623	362,632	319,188	300,396	270,465	253,880
Treasury Stock	-17,008	-17,008	-17,008	-17,008	-17,008	-15,838
Comprehensive Income & Other	-1,845	-2,600	-2,872	-3,242	1,834	-1,930
Total Common Equity	406,606	364,860	321,145	301,982	277,127	257,948
Minority Interest	0.02	0.08	0.17	0.31	0.49	0.67
Shareholders' Equity	406,606	364,860	321,145	301,982	277,127	257,949
Total Liabilities & Equity	509,879	416,240	357,326	347,597	311,813	295,367
Total Debt	53,082	13,482	3,444	2,471	2,251	2,176
Net Cash (Debt)	172,872	127,547	106,493	114,695	103,934	74,036
Net Cash Growth	75.14%	19.77%	-7.15%	10.35%	40.38%	-19.24%
Net Cash Per Share	114259.26	84301.79	70386.44	75807.09	68455.95	47470.69
Filing Date Shares Outstanding	1.51	1.51	1.51	1.51	1.51	1.53
Total Common Shares Outstanding	1.51	1.51	1.51	1.51	1.51	1.53
Working Capital	290,952	242,993	233,564	221,263	191,617	177,722
Book Value Per Share	268745.06	241153.21	212259.75	199594.06	183166.42	168402.72
Tangible Book Value	406,221	364,434	320,681	301,440	276,507	257,250
Tangible Book Value Per Share	268491.09	240871.93	211953.63	199236.21	182756.84	167947.06
Land	11,989	11,989	11,989	11,989	11,989	11,919
Buildings	24,383	24,325	24,208	23,960	23,317	21,782
Machinery	36,552	36,015	35,643	35,535	35,257	33,723
Construction In Progress	885	33.5	-	117.7	-	36

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