Hanwha Aerospace 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	8,048,210	7,713,356	2,967,733	1,806,359	3,069,830	2,528,070
Short-Term Investments	1,196,433	269,653	331,778	98,665	130,932	97,695
Trading Asset Securities	-	-	30,949	-	-	-
Cash & Short-Term Investments	9,244,643	7,983,008	3,330,460	1,905,024	3,200,761	2,625,765
Cash Growth	208.55%	139.70%	74.83%	-40.48%	21.90%	88.10%
Accounts Receivable	3,317,997	3,075,950	2,990,478	2,033,956	1,467,788	1,009,344
Other Receivables	337,547	371,689	374,793	84,640	74,922	24,034
Receivables	3,961,040	3,653,761	3,368,885	2,120,637	1,546,179	1,033,577
Inventory	7,502,229	7,741,658	6,404,051	2,868,572	2,163,034	1,604,807
Prepaid Expenses	203,641	142,921	209,660	59,687	64,117	43,323
Other Current Assets	11,948,438	11,139,729	9,624,294	2,193,520	1,489,278	904,598
Total Current Assets	32,859,991	30,661,077	22,937,350	9,147,440	8,463,369	6,212,069
Property, Plant & Equipment	10,673,437	9,967,265	8,806,895	3,641,482	3,181,566	2,047,502
Long-Term Investments	5,773,841	4,083,378	2,070,046	3,855,406	802,950	462,458
Goodwill	4,283,163	4,171,445	4,175,009	1,014,281	998,610	958,678
Other Intangible Assets	1,191,566	1,251,181	1,179,665	545,982	528,944	522,266
Long-Term Accounts Receivable	17,167	167,130	100,098	77,517	-	8,312
Long-Term Deferred Tax Assets	1,431,129	1,263,106	1,244,840	243,059	250,529	163,156
Long-Term Deferred Charges	2,035,952	2,075,164	2,401,645	642,545	605,027	496,246
Other Long-Term Assets	454,692	295,245	626,487	354,052	302,383	166,087
Total Assets	58,742,028	53,953,670	43,561,934	19,542,900	15,151,828	11,045,831

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	1,800,860	2,175,769	1,708,266	919,376	562,558	429,620
Accrued Expenses	980,812	1,355,897	1,052,494	568,814	400,618	259,469
Short-Term Debt	7,781,895	5,371,228	5,152,834	1,373,543	992,066	407,338
Current Portion of Long-Term Debt	1,792,234	1,610,940	964,893	1,164,537	743,185	375,363
Current Portion of Leases	94,601	83,443	81,315	70,982	44,478	32,997
Current Income Taxes Payable	249,255	385,687	378,856	130,917	83,553	96,792
Current Unearned Revenue	-	-	1.43	-	-	-
Other Current Liabilities	17,789,903	18,986,899	16,172,110	7,847,443	5,390,304	2,728,524
Total Current Liabilities	30,489,560	29,969,863	25,510,770	12,075,611	8,216,763	4,330,103
Long-Term Debt	5,899,496	5,412,719	4,164,783	1,404,460	1,722,412	1,848,717
Long-Term Leases	361,798	347,045	329,386	159,929	133,676	116,223
Pension & Post-Retirement Benefits	499,035	438,203	692,326	604,994	552,170	447,577
Long-Term Deferred Tax Liabilities	151,853	27,565	592,983	120,975	76,340	66,902
Other Long-Term Liabilities	1,099,601	963,556	774,305	491,719	525,982	304,750
Total Liabilities	38,501,344	37,158,951	32,064,553	14,857,688	11,227,344	7,114,272

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	270,317	270,317	240,406	265,650	265,650	265,650
Additional Paid-In Capital	5,020,438	3,604,425	206,698	191,832	217,087	428,765
Retained Earnings	6,499,938	5,982,736	4,746,520	2,627,418	2,014,578	1,812,010
Treasury Stock	-21,020	-21,020	-21,020	-2,198	-2,198	-2,198
Comprehensive Income & Other	229,208	-151,551	-177,480	445,656	362,234	385,008
Total Common Equity	11,998,882	9,684,907	4,995,125	3,528,357	2,857,351	2,889,235
Minority Interest	8,238,257	7,103,278	6,496,882	1,155,868	1,060,958	1,042,324
Shareholders' Equity	20,240,684	16,794,719	11,497,381	4,685,212	3,924,484	3,931,559
Total Liabilities & Equity	58,742,028	53,953,670	43,561,934	19,542,900	15,151,828	11,045,831

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	15,930,024	12,825,374	10,693,211	4,173,450	3,635,817	2,780,638
Net Cash (Debt)	-6,685,382	-4,842,366	-7,362,750	-2,268,426	-435,056	-154,873
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-128343.42	-98332.41	-149614.92	-49631.50	-9538.28	-3398.08
Filing Date Shares Outstanding	52.15	51.45	45.47	45.53	45.53	45.53
Total Common Shares Outstanding	52.15	51.45	45.47	45.53	45.53	45.53
Working Capital	2,370,431	691,214	-2,573,420	-2,928,171	246,605	1,881,966
Book Value Per Share	230071.99	188243.63	109863.73	77500.98	62762.21	63462.54
Tangible Book Value	6,524,153	4,262,280	-359,550	1,968,095	1,329,797	1,408,291
Tangible Book Value Per Share	125097.07	82845.11	-7908.01	43229.54	29209.22	30933.36
Land	3,851,235	3,773,298	3,759,080	1,565,099	1,386,132	902,984
Buildings	4,915,402	4,777,478	4,263,014	1,350,294	1,254,325	644,680
Machinery	3,738,820	3,535,639	3,235,683	1,729,146	1,629,740	1,178,328
Construction In Progress	1,272,267	825,638	833,590	295,620	146,070	84,567