ShinWon 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	24,981	37,316	19,338	24,969	10,323
Short-Term Investments	8,513	7,263	6,303	6,675	6,351
Cash & Short-Term Investments	33,493	44,579	25,641	31,644	16,674
Cash Growth	-24.87%	73.85%	-18.97%	89.78%	-26.29%
Accounts Receivable	81,701	66,549	95,714	77,772	90,203
Other Receivables	10,584	9,335	10,184	9,685	7,232
Receivables	98,162	76,338	106,399	87,457	97,435
Inventory	236,191	228,556	186,488	196,890	218,914
Prepaid Expenses	9,002	11,295	8,202	5,680	6,569
Other Current Assets	10,046	10,915	10,384	10,707	8,785
Total Current Assets	386,893	371,683	337,114	332,379	348,378
Property, Plant & Equipment	198,736	205,158	168,036	140,015	120,498
Long-Term Investments	3,665	3,767	3,987	2,770	2,427
Goodwill	8,209	5,354	2,038	2,013	1,921
Other Intangible Assets	6,075	4,848	5,337	4,651	4,438
Long-Term Deferred Tax Assets	4,513	4,206	186.58	143.23	146.94
Other Long-Term Assets	28,437	27,961	26,466	26,253	24,879
Total Assets	642,567	628,902	545,010	510,125	503,617
Accounts Payable	52,301	63,939	43,999	37,111	66,808
Accrued Expenses	11,299	14,600	12,578	12,384	15,731
Short-Term Debt	128,279	73,079	102,323	81,576	79,757
Current Portion of Long-Term Debt	89,083	76,805	27,746	42,979	5,071
Current Portion of Leases	3,366	3,296	2,348	2,402	2,141
Current Income Taxes Payable	136.85	3,473	1,515	5,782	1,892
Current Unearned Revenue	1,615	2,242	-	-	-
Other Current Liabilities	27,353	29,522	28,728	26,083	23,382
Total Current Liabilities	313,433	266,956	219,236	208,319	194,783
Long-Term Debt	64,007	100,530	77,473	41,605	64,709
Long-Term Leases	4,351	3,549	2,591	3,015	2,899
Long-Term Unearned Revenue	4,888	4,408	3,727	3,650	6,196
Pension & Post-Retirement Benefits	26,913	25,806	25,548	22,812	20,338
Long-Term Deferred Tax Liabilities	-	-	1,914	3,246	1,292
Other Long-Term Liabilities	924.16	876.46	735.1	1,970	1,910
Total Liabilities	414,516	402,124	331,223	284,617	292,127
Common Stock	58,698	51,339	51,339	51,339	47,830
Additional Paid-In Capital	82,616	70,238	70,238	70,256	58,395
Retained Earnings	118,335	130,029	130,699	135,833	123,745
Treasury Stock	-35,603	-39,212	-39,212	-31,333	-19,456
Comprehensive Income & Other	5,670	17,100	6,174	4,849	5,778
Total Common Equity	229,716	229,494	219,238	230,943	216,292
Minority Interest	-1,665	-2,716	-5,452	-5,435	-4,802
Shareholders' Equity	228,051	226,778	213,787	225,508	211,490
Total Liabilities & Equity	642,567	628,902	545,010	510,125	503,617
Total Debt	289,087	257,259	212,480	171,578	154,577
Net Cash (Debt)	-255,593	-212,680	-186,839	-139,933	-137,904
Net Cash Per Share	-3036.50	-2832.88	-2416.25	-1684.92	-1878.72
Filing Date Shares Outstanding	92.23	75.05	75.05	80.59	81.07
Total Common Shares Outstanding	92.23	75.14	75.14	80.68	81.16
Working Capital	73,460	104,727	117,878	124,060	153,595
Book Value Per Share	2490.75	3054.09	2917.61	2862.56	2665.02
Tangible Book Value	215,432	219,291	211,863	224,279	209,932
Tangible Book Value Per Share	2335.88	2918.32	2819.46	2779.96	2586.66
Land	77,503	77,834	67,689	63,465	60,419
Buildings	103,606	104,327	86,920	62,381	54,005
Machinery	58,628	54,865	45,113	39,996	37,794
Construction In Progress	1,490	9,225	5,624	12,255	4,277

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