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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	125,759	98,584	104,760	97,744	72,784	63,132
Short-Term Investments	735	1,591	1,338	712	501	1
Trading Asset Securities	5,601	9,283	3,816	408	3,483	794
Cash & Short-Term Investments	132,095	109,458	109,914	98,864	76,768	63,927
Cash Growth	10.76%	-0.41%	11.18%	28.78%	20.09%	-5.84%
Accounts Receivable	163,848	146,860	175,426	178,545	131,857	122,853
Other Receivables	13,688	14,248	11,062	1,175	1,834	8,370
Receivables	177,536	161,108	186,488	179,720	133,691	131,223
Inventory	332,989	291,466	377,129	335,880	192,057	196,996
Prepaid Expenses	4,247	4,961	4,623	12,311	8,015	5,327
Restricted Cash	-	5	7	-	-	-
Other Current Assets	1,687	2,232	2,546	1,606	1,636	1,296
Total Current Assets	648,554	569,230	680,707	628,381	412,167	398,769
Property, Plant & Equipment	463,467	453,700	458,510	442,202	445,969	460,252
Long-Term Investments	21,007	18,120	22,487	16,447	14,971	12,929
Goodwill	3,237	3,196	3,125	3,279	3,050	10,092
Other Intangible Assets	12,276	11,593	8,302	6,371	4,707	4,538
Long-Term Deferred Tax Assets	7,153	6,055	8,585	7,387	5,720	3,792
Other Long-Term Assets	27,742	27,850	35,595	11,582	4,558	3,952
Total Assets	1,183,436	1,089,744	1,217,311	1,115,649	891,142	894,324
Accounts Payable	121,740	75,737	79,747	117,284	72,196	52,176
Accrued Expenses	24,022	23,595	29,458	24,266	21,416	22,019
Short-Term Debt	167,293	103,577	206,140	233,531	150,160	159,920
Current Portion of Long-Term Debt	3,000	61,119	1,930	1,780	8,780	11,592
Current Portion of Leases	3,884	2,357	2,334	2,480	2,429	2,309
Current Income Taxes Payable	27,543	14,606	48,349	28,210	11,554	16,131
Other Current Liabilities	12,710	26,702	36,064	36,448	26,587	29,227
Total Current Liabilities	360,192	307,693	404,022	443,999	293,122	293,374
Long-Term Debt	3,000	5,250	65,745	60,502	59,647	74,073
Long-Term Leases	32,759	16,087	14,564	15,454	16,143	17,214
Long-Term Deferred Tax Liabilities	35,991	37,060	38,161	37,522	36,051	37,118
Other Long-Term Liabilities	3,062	13,793	9,515	8,973	8,817	3,797
Total Liabilities	450,698	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	665,566	642,705	626,239	486,540	407,625	373,965
Comprehensive Income & Other	34,690	30,405	23,901	24,232	16,725	22,331
Total Common Equity	732,738	705,592	682,622	543,254	458,709	430,655
Minority Interest	-	-	-	-	4,788	3,986
Shareholders' Equity	732,738	705,592	682,622	543,254	463,497	434,641
Total Liabilities & Equity	1,183,436	1,089,744	1,217,311	1,115,649	891,142	894,324
Total Debt	209,936	188,390	290,713	313,747	237,159	265,108
Net Cash (Debt)	-77,841	-78,932	-180,799	-214,883	-160,391	-201,181
Net Cash Per Share	-3244.05	-3288.83	-7533.29	-8953.46	-6682.96	-8382.54
Filing Date Shares Outstanding	23.99	24	24	24	24	24
Total Common Shares Outstanding	23.99	24	24	24	24	24
Working Capital	288,362	261,537	276,685	184,382	119,045	105,395
Book Value Per Share	30541.38	29399.67	28442.58	22635.58	19112.88	17943.96
Tangible Book Value	717,225	690,803	671,195	533,604	450,952	416,025
Tangible Book Value Per Share	29894.78	28783.46	27966.46	22233.50	18789.67	17334.38
Land	149,656	149,656	149,656	149,656	149,550	149,550
Buildings	183,267	182,167	176,256	165,233	157,269	152,167
Machinery	531,013	523,539	532,467	497,806	489,289	494,049
Construction In Progress	11,114	7,615	35,498	15,127	10,640	14,251

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