HWASEUNG Industries Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	186,337	166,407	176,065	171,104	242,006	247,398
Short-Term Investments	20,721	17,230	27,115	49,060	67,435	15,346
Cash & Short-Term Investments	207,058	183,636	203,180	220,164	309,441	262,744
Cash Growth	18.76%	-9.62%	-7.71%	-28.85%	17.77%	-18.86%
Accounts Receivable	174,795	141,311	236,227	154,710	154,731	160,983
Other Receivables	17,007	18,279	24,697	24,980	17,308	22,453
Receivables	198,399	165,901	268,850	187,016	177,287	186,871
Inventory	312,248	294,374	322,994	301,756	335,493	334,508
Prepaid Expenses	47,916	43,836	42,336	26,492	22,633	17,914
Other Current Assets	12,579	8,664	18,660	12,189	30,049	18,257
Total Current Assets	778,200	696,411	856,019	747,617	874,904	820,294
Property, Plant & Equipment	755,705	721,989	804,779	748,530	764,262	688,431
Long-Term Investments	50,474	48,688	39,955	45,874	35,174	38,546
Goodwill	-	2,448	2,448	3,357	3,357	3,357
Other Intangible Assets	73,462	71,057	73,842	73,611	72,989	62,825
Long-Term Deferred Tax Assets	13,760	13,385	11,460	8,791	8,563	7,069
Other Long-Term Assets	33,178	31,063	36,530	25,497	20,240	16,530
Total Assets	1,712,778	1,593,041	1,833,034	1,653,277	1,779,489	1,637,051
Accounts Payable	196,376	180,408	218,241	142,117	147,163	175,736
Accrued Expenses	18,824	22,653	29,912	23,616	18,806	20,229
Short-Term Debt	792,531	642,349	722,783	602,370	635,219	533,818
Current Portion of Long-Term Debt	-	63,413	62,377	78,967	70,600	56,058
Current Portion of Leases	11,677	6,194	12,601	7,041	9,746	5,921
Current Income Taxes Payable	10,337	9,242	10,766	5,462	8,790	10,639
Other Current Liabilities	23,183	18,037	24,158	36,937	44,971	51,248
Total Current Liabilities	1,052,928	942,296	1,080,837	896,511	935,294	853,649
Long-Term Debt	12,170	15,348	37,890	53,294	91,010	59,502
Long-Term Leases	46,805	41,479	49,132	47,971	53,395	51,714
Pension & Post-Retirement Benefits	22,751	20,387	17,499	17,824	15,588	20,444
Long-Term Deferred Tax Liabilities	12,482	11,957	11,107	12,561	13,212	11,736
Other Long-Term Liabilities	2,508	2,636	2,761	2,907	3,267	4,230
Total Liabilities	1,149,644	1,034,103	1,199,227	1,031,068	1,111,765	1,001,275
Common Stock	27,660	27,660	27,660	27,660	27,660	27,660
Additional Paid-In Capital	11,332	11,406	16,539	12,719	17,145	14,244
Retained Earnings	250,978	259,199	256,475	234,064	265,577	276,840
Treasury Stock	-38,019	-38,019	-32,020	-31,005	-29,011	-17,141
Comprehensive Income & Other	83,774	73,837	83,962	71,464	63,613	56,883
Total Common Equity	335,725	334,083	352,616	314,901	344,984	358,485
Minority Interest	227,408	224,856	271,640	298,748	314,666	276,193
Shareholders' Equity	563,134	558,939	633,807	622,209	667,724	635,776
Total Liabilities & Equity	1,712,778	1,593,041	1,833,034	1,653,277	1,779,489	1,637,051
Total Debt	863,183	768,783	884,783	789,643	859,969	707,012
Net Cash (Debt)	-656,125	-585,147	-681,603	-569,479	-550,528	-444,268
Net Cash Per Share	-13471.92	-11956.10	-13759.41	-11456.69	-10745.40	-8402.41
Filing Date Shares Outstanding	48.22	47.92	49.34	49.6	50.12	52.52
Total Common Shares Outstanding	48.22	47.92	49.34	49.6	50.12	52.52
Working Capital	-274,728	-245,885	-224,818	-148,894	-60,390	-33,356
Book Value Per Share	6962.90	6971.81	7146.65	6349.23	6883.81	6826.32
Tangible Book Value	262,263	260,578	276,326	237,934	268,638	292,304
Tangible Book Value Per Share	5439.31	5437.88	5600.44	4797.36	5360.41	5566.09
Land	-	28,906	28,906	28,906	28,933	28,933
Buildings	-	445,994	457,726	328,727	305,643	283,301
Machinery	-	745,914	755,599	667,669	665,241	602,141
Construction In Progress	-	1,119	5,577	84,613	82,432	27,454