Hanwha Solutions Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	2,693,004	2,470,461	2,184,381	1,958,055	2,548,380	1,567,163
Short-Term Investments	157,034	213,087	147,891	216,079	206,455	209,623
Trading Asset Securities	-	-	-	43,361	-	-
Cash & Short-Term Investments	2,850,038	2,683,548	2,332,272	2,217,495	2,754,834	1,776,786
Cash Growth	88.04%	15.06%	5.18%	-19.50%	55.05%	28.95%
Accounts Receivable	2,365,967	1,543,557	2,305,075	2,025,340	2,056,841	1,542,693
Other Receivables	873,707	817,339	427,929	391,723	224,348	91,821
Receivables	3,520,209	2,921,499	3,137,411	3,247,547	2,288,915	1,639,551
Inventory	5,913,296	5,679,939	4,257,548	3,447,481	3,060,108	2,231,502
Prepaid Expenses	215,343	85,615	269,459	76,172	59,115	41,274
Other Current Assets	1,014,051	1,169,347	788,672	808,676	373,068	318,961
Total Current Assets	13,512,937	12,539,948	10,785,362	9,797,372	8,536,041	6,008,075
Property, Plant & Equipment	11,890,569	11,493,960	11,021,933	7,276,250	7,285,372	6,832,695
Long-Term Investments	6,158,611	5,687,329	5,261,361	4,534,267	3,905,916	3,538,140
Goodwill	1,348,487	1,298,525	1,203,778	1,233,636	1,208,386	1,163,423
Other Intangible Assets	341,970	357,030	421,762	480,431	424,119	390,888
Long-Term Accounts Receivable	179,974	159,661	64,488	339,188	1,963	2,805
Long-Term Deferred Tax Assets	584,612	436,152	289,366	184,295	201,292	121,327
Long-Term Deferred Charges	225,553	190,865	130,203	58,509	11,933	26,256
Other Long-Term Assets	1,001,302	932,981	792,752	581,341	2,233,279	1,906,017
Total Assets	35,370,328	33,144,011	30,036,831	24,790,424	23,831,884	20,007,572

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	3,012,466	2,708,869	2,610,338	1,837,117	1,831,922	1,808,983
Accrued Expenses	1,309,272	1,012,739	1,080,564	837,259	341,877	192,854
Short-Term Debt	7,688,910	6,320,150	5,109,900	2,947,052	2,443,018	2,003,958
Current Portion of Long-Term Debt	697,747	805,173	1,189,167	841,147	559,793	607,176
Current Portion of Leases	71,643	60,149	56,873	58,819	81,156	83,755
Current Income Taxes Payable	8,989	3,827	36,077	43,047	385,632	91,778
Current Unearned Revenue	39,845	120,197	357,148	114,972	61,900	2,880
Other Current Liabilities	1,546,634	1,704,750	1,267,485	2,054,699	1,103,193	996,507
Total Current Liabilities	14,375,506	12,735,854	11,707,552	8,734,110	6,808,491	5,787,890
Long-Term Debt	7,028,094	7,852,018	6,422,869	5,566,089	4,205,363	3,263,693
Long-Term Leases	239,661	254,220	223,651	147,274	434,052	435,243
Long-Term Unearned Revenue	1,234	1,229	2,921	1,413	2,827	2,663
Pension & Post-Retirement Benefits	292,056	281,078	343,427	356,453	397,180	455,223
Long-Term Deferred Tax Liabilities	354,996	260,226	232,046	169,869	229,718	267,905
Other Long-Term Liabilities	611,813	574,347	497,509	534,979	1,857,342	1,593,708
Total Liabilities	22,903,360	21,958,972	19,429,975	15,510,187	13,934,973	11,806,325

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	888,569	888,569	888,569	888,569	978,241	978,241
Additional Paid-In Capital	1,808,260	1,685,240	1,476,236	1,410,132	2,101,404	1,784,693
Retained Earnings	3,663,930	2,745,737	3,435,102	4,912,093	4,864,072	4,354,080
Treasury Stock	-	-109,955	-109,955	-110,178	-111,764	-21,155
Comprehensive Income & Other	3,348,203	3,891,647	3,759,698	1,016,550	1,088,618	1,063,562
Total Common Equity	9,708,962	9,101,238	9,449,650	8,117,167	8,920,571	8,159,421
Minority Interest	2,758,006	2,083,801	1,157,206	1,163,070	976,341	41,826
Shareholders' Equity	12,466,968	11,185,039	10,606,856	9,280,237	9,896,912	8,201,247
Total Liabilities & Equity	35,370,328	33,144,011	30,036,831	24,790,424	23,831,884	20,007,572

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	15,726,055	15,291,710	13,002,460	9,560,381	7,723,381	6,393,825
Net Cash (Debt)	-12,876,017	-12,608,162	-10,670,188	-7,342,886	-4,968,547	-4,617,039
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-67408.45	-72207.56	-61544.86	-41696.20	-28843.30	-27556.39
Filing Date Shares Outstanding	182.35	171.89	169.35	169.34	188.63	171.27
Total Common Shares Outstanding	182.35	171.89	171.89	171.89	170.52	172.27
Working Capital	-862,569	-195,906	-922,190	1,063,262	1,727,550	220,185
Book Value Per Share	53244.92	52947.14	54974.06	47223.48	52314.22	47362.80
Tangible Book Value	8,018,505	7,445,683	7,824,110	6,403,100	7,288,066	6,605,110
Tangible Book Value Per Share	43974.28	43315.83	45517.36	37251.50	42740.48	38340.52
Land	1,865,063	1,854,996	1,812,215	963,729	1,745,623	1,589,590
Buildings	3,345,457	3,389,473	3,073,398	2,409,746	2,672,036	2,488,361
Machinery	4,219,712	9,282,875	8,503,191	7,935,699	7,478,873	7,251,735
Construction In Progress	2,122,596	2,954,777	3,444,266	1,644,914	549,434	418,814