Woosung Materials 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	8,812	1,402	8,277	1,494	2,685	1,574
Short-Term Investments	-	-	0	-	1,444	5,557
Trading Asset Securities	-	83.98	402.01	-	-	-
Cash & Short-Term Investments	8,812	1,486	8,679	1,494	4,128	7,130
Cash Growth	-26.70%	-82.87%	480.97%	-63.81%	-42.10%	-57.73%
Accounts Receivable	1,477	3,350	4,675	8,268	9,753	11,937
Other Receivables	684.51	664.27	878.71	586.92	171.97	346.1
Receivables	2,482	4,334	8,316	14,045	9,925	12,283
Inventory	4,291	4,686	7,720	14,440	22,565	26,004
Prepaid Expenses	-	117.47	176.07	454.27	2,476	7.55
Other Current Assets	3,255	387.69	252.45	12,136	1,604	4,213
Total Current Assets	18,840	11,011	25,143	42,569	40,698	49,638
Property, Plant & Equipment	68,075	78,293	79,080	72,860	68,428	75,195
Long-Term Investments	2.5	2.5	2.5	2.5	2.5	2.5
Goodwill	-0	-	-	108.84	-	-
Other Intangible Assets	-	-	-	-	-	10
Other Long-Term Assets	11,941	12,020	12,667	12,899	14,744	16,710
Total Assets	98,858	101,327	116,893	128,439	123,873	141,556
Accounts Payable	1,207	1,838	1,310	3,652	9,264	7,037
Accrued Expenses	437.41	341.01	560.98	820.65	1,558	4,791
Short-Term Debt	46,903	47,720	60,650	63,055	41,826	38,569
Current Portion of Long-Term Debt	-	624.96	1,250	4,517	4,400	3,650
Current Portion of Leases	120.04	132.56	353.37	-	2,467	2,066
Other Current Liabilities	2,711	2,605	4,601	8,402	7,475	10,016
Total Current Liabilities	51,379	53,261	68,725	80,446	66,989	66,128
Long-Term Debt	-	-	624.96	2,342	6,741	9,204
Long-Term Leases	65.03	79.59	177.56	-	8,095	9,868
Pension & Post-Retirement Benefits	1,056	1,004	941.06	1,078	1,997	2,007
Long-Term Deferred Tax Liabilities	15,745	15,745	15,329	17,519	17,834	18,190
Other Long-Term Liabilities	0	0	0	0	0	0
Total Liabilities	68,245	70,089	85,797	101,384	101,657	105,396
Common Stock	15,856	15,562	52,507	33,676	28,429	28,429
Additional Paid-In Capital	49,349	48,484	41,819	24,833	4,983	4,983
Retained Earnings	-72,222	-70,438	-103,405	-71,092	-28,807	-25,911
Treasury Stock	-1.62	-1.62	-	-	-	-
Comprehensive Income & Other	37,632	37,632	40,175	39,639	21,441	28,663
Total Common Equity	30,613	31,238	31,096	27,055	26,046	36,165
Minority Interest	-	-	-	-	-3,830	-5.47
Shareholders' Equity	30,613	31,238	31,096	27,055	22,216	36,159
Total Liabilities & Equity	98,858	101,327	116,893	128,439	123,873	141,556
Total Debt	47,088	48,557	63,056	69,913	63,530	63,356
Net Cash (Debt)	-38,277	-47,070	-54,377	-68,419	-59,401	-56,226
Net Cash Per Share	-1560.62	-3121.12	-5814.73	-8543.12	-8357.84	-7970.33
Filing Date Shares Outstanding	162.22	15.56	10.5	8.42	7.11	7.11
Total Common Shares Outstanding	162.22	15.56	10.5	8.42	7.11	7.11
Working Capital	-32,539	-42,250	-43,582	-37,877	-26,291	-16,490
Book Value Per Share	188.71	2007.51	2961.08	3213.66	3664.73	5088.44
Tangible Book Value	30,613	31,238	31,096	26,947	26,046	36,155
Tangible Book Value Per Share	188.71	2007.51	2961.08	3200.73	3664.73	5087.03
Land	67,267	77,426	77,426	67,267	60,449	60,449
Buildings	300.33	3,423	3,780	3,423	3,928	4,083
Machinery	333.7	419.41	419.41	1,754	6,449	7,802

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