Taeyang Metal Industrial 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	7,850	7,812	10,858	14,161	6,099
Short-Term Investments	1,921	2,651	2,137	2,054	1,592
Trading Asset Securities	138.91	90.93	115.4	80.92	128.97
Cash & Short-Term Investments	9,910	10,554	13,110	16,295	7,819
Cash Growth	-6.10%	-19.50%	-19.55%	108.40%	-47.85%
Accounts Receivable	88,074	107,202	97,594	96,335	84,346
Other Receivables	3,323	1,764	1,217	1,605	1,661
Receivables	91,403	108,969	98,819	97,959	86,018
Inventory	201,607	164,570	142,716	120,286	98,835
Prepaid Expenses	4,841	3,765	3,424	3,780	3,317
Other Current Assets	2,938	1,569	1,507	3,151	1,997
Total Current Assets	310,699	289,427	259,576	241,472	197,986
Property, Plant & Equipment	290,331	231,893	232,787	242,818	237,045
Long-Term Investments	1,006	1,039	1,227	1,010	2,751
Other Intangible Assets	742.76	708.41	703.94	708.99	2,879
Long-Term Deferred Tax Assets	-	-	-	316.6	2,288
Other Long-Term Assets	6,560	5,073	4,826	4,663	4,735
Total Assets	609,338	528,141	499,120	490,988	447,684
Accounts Payable	127,257	96,860	116,117	125,690	85,773
Accrued Expenses	3,868	3,324	3,398	2,689	2,322
Short-Term Debt	187,273	174,515	151,350	137,049	143,294
Current Portion of Long-Term Debt	11,941	12,248	19,119	19,151	24,444
Current Portion of Leases	1,505	1,349	689.2	1,132	985.77
Current Income Taxes Payable	-	2,611	1,864	390.25	3,230
Other Current Liabilities	19,782	46,520	14,650	16,415	12,295
Total Current Liabilities	351,626	337,426	307,187	302,516	272,343
Long-Term Debt	24,523	9,412	17,740	17,870	23,730
Long-Term Leases	6,567	7,835	6,706	7,192	7,309
Pension & Post-Retirement Benefits	30,954	39,721	36,070	30,395	37,731
Long-Term Deferred Tax Liabilities	27,627	20,776	19,266	17,693	13,476
Other Long-Term Liabilities	1,717	2,664	3,524	3,263	720.8
Total Liabilities	443,013	417,835	390,494	378,929	355,310
Common Stock	18,350	18,350	18,350	18,350	18,350
Additional Paid-In Capital	20,013	20,013	20,013	20,013	20,013
Retained Earnings	25,599	20,057	18,366	21,658	14,512
Treasury Stock	-123	-123	-123	-123	-123
Comprehensive Income & Other	100,350	49,577	49,539	49,840	37,441
Total Common Equity	164,189	107,874	106,145	109,738	90,193
Minority Interest	486.44	781.93	830.64	670.32	530.64
Shareholders' Equity	166,325	110,305	108,626	112,059	92,374
Total Liabilities & Equity	609,338	528,141	499,120	490,988	447,684
Total Debt	231,809	205,359	195,604	182,395	199,763
Net Cash (Debt)	-221,899	-194,805	-182,494	-166,099	-191,944
Net Cash Per Share	-5980.56	-5242.69	-5010.28	-4560.18	-5269.73
Filing Date Shares Outstanding	39.14	36.42	36.42	36.42	36.42
Total Common Shares Outstanding	39.14	36.42	36.42	36.42	36.42
Working Capital	-40,927	-48,000	-47,612	-61,044	-74,357
Book Value Per Share	4194.72	2961.62	2914.16	3012.82	2476.20
Tangible Book Value	163,446	107,165	105,441	109,029	87,314
Tangible Book Value Per Share	4175.75	2942.17	2894.84	2993.35	2397.16
Land	200,717	146,408	146,249	145,668	130,328
Buildings	59,655	58,889	58,594	58,441	60,233
Machinery	292,829	285,333	273,492	272,795	269,532
Construction In Progress	3,816	1,316	1,026	2,413	3,413

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