Songwon Industrial Co., Ltd. (KRX: 004430)

Songwon Industrial 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	121,293	98,584	104,760	97,744	72,784	63,132
Short-Term Investments	600	1,591	1,338	712	501	1
Trading Asset Securities	7,272	9,283	3,816	408	3,483	794
Cash & Short-Term Investments	129,165	109,458	109,914	98,864	76,768	63,927
Cash Growth	29.18%	-0.41%	11.18%	28.78%	20.09%	-5.84%
Accounts Receivable	168,988	146,860	175,426	178,545	131,857	122,853
Other Receivables	13,830	14,248	11,062	1,175	1,834	8,370
Receivables	182,818	161,108	186,488	179,720	133,691	131,223
Inventory	325,728	291,466	377,129	335,880	192,057	196,996
Prepaid Expenses	5,303	4,961	4,623	12,311	8,015	5,327
Restricted Cash	-	5	7	-	-	-
Other Current Assets	7,622	2,232	2,546	1,606	1,636	1,296
Total Current Assets	650,636	569,230	680,707	628,381	412,167	398,769
Property, Plant & Equipment	450,284	453,700	458,510	442,202	445,969	460,252
Long-Term Investments	19,954	18,120	22,487	16,447	14,971	12,929
Goodwill	3,418	3,196	3,125	3,279	3,050	10,092
Other Intangible Assets	12,617	11,593	8,302	6,371	4,707	4,538
Long-Term Deferred Tax Assets	7,900	6,055	8,585	7,387	5,720	3,792
Other Long-Term Assets	27,511	27,850	35,595	11,582	4,558	3,952
Total Assets	1,172,320	1,089,744	1,217,311	1,115,649	891,142	894,324
Accounts Payable	130,858	75,737	79,747	117,284	72,196	52,176
Accrued Expenses	22,045	23,595	29,458	24,266	21,416	22,019
Short-Term Debt	113,110	103,577	206,140	233,531	150,160	159,920
Current Portion of Long-Term Debt	63,016	61,119	1,930	1,780	8,780	11,592
Current Portion of Leases	2,193	2,357	2,334	2,480	2,429	2,309
Current Income Taxes Payable	23,659	14,606	48,349	28,210	11,554	16,131
Other Current Liabilities	13,360	26,702	36,064	36,448	26,587	29,227
Total Current Liabilities	368,241	307,693	404,022	443,999	293,122	293,374
Long-Term Debt	3,750	5,250	65,745	60,502	59,647	74,073
Long-Term Leases	16,549	16,087	14,564	15,454	16,143	17,214
Long-Term Deferred Tax Liabilities	37,665	37,060	38,161	37,522	36,051	37,118
Other Long-Term Liabilities	3,202	13,793	9,515	8,973	8,817	3,797
Total Liabilities	444,676	384,152	534,689	572,395	427,645	459,683
Common Stock	12,000	12,000	12,000	12,000	12,000	12,000
Additional Paid-In Capital	20,482	20,482	20,482	20,482	22,359	22,359
Retained Earnings	680,520	642,705	626,239	486,540	407,625	373,965
Comprensive Income & Other	14,642	30,405	23,901	24,232	16,725	22,331
Total Common Equity	727,644	705,592	682,622	543,254	458,709	430,655
Minority Interest	-	-	-	-	4,788	3,986
Shareholders' Equity	727,644	705,592	682,622	543,254	463,497	434,641
Total Liabilities & Equity	1,172,320	1,089,744	1,217,311	1,115,649	891,142	894,324
Total Debt	198,618	188,390	290,713	313,747	237,159	265,108
Net Cash (Debt)	-69,453	-78,932	-180,799	-214,883	-160,391	-201,181
Net Cash Per Share	-2893.88	-3288.83	-7533.29	-8953.46	-6682.96	-8382.54
Filing Date Shares Outstanding	24	24	24	24	24	24
Total Common Shares Outstanding	24	24	24	24	24	24
Working Capital	282,395	261,537	276,685	184,382	119,045	105,395
Book Value Per Share	30318.50	29399.67	28442.58	22635.58	19112.88	17943.96
Tangible Book Value	711,609	690,803	671,195	533,604	450,952	416,025
Tangible Book Value Per Share	29650.38	28783.46	27966.46	22233.50	18789.67	17334.38
Land	149,656	149,656	149,656	149,656	149,550	149,550
Buildings	184,104	182,167	176,256	165,233	157,269	152,167
Machinery	532,388	523,539	532,467	497,806	489,289	494,049
Construction In Progress	6,882	7,615	35,498	15,127	10,640	14,251

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