Hwaseung Corporation Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	122,615	88,788	83,968	105,502	86,637	132,364
Short-Term Investments	5,179	5,148	4,959	5,143	7,905	7,165
Trading Asset Securities	-	-	354.26	-	-	-
Cash & Short-Term Investments	127,794	93,937	89,281	110,644	94,542	139,530
Cash Growth	29.34%	5.21%	-19.31%	17.03%	-32.24%	30.51%
Accounts Receivable	293,604	289,151	257,123	240,789	219,375	243,514
Other Receivables	7,147	13,856	11,404	7,306	14,172	5,789
Receivables	300,945	304,742	270,964	248,258	233,988	249,720
Inventory	234,183	237,857	196,564	225,356	241,777	210,040
Prepaid Expenses	22,977	19,412	8,936	9,842	9,295	6,269
Other Current Assets	48,078	47,150	45,988	33,374	44,033	27,789
Total Current Assets	733,977	703,099	611,733	627,475	623,635	633,348
Property, Plant & Equipment	450,153	465,836	417,524	417,006	410,619	432,831
Long-Term Investments	34,863	39,658	38,476	38,824	45,378	50,950
Goodwill	8,891	8,891	11,915	14,684	14,684	14,684
Other Intangible Assets	13,052	12,327	11,678	10,606	12,953	14,978
Long-Term Accounts Receivable	-	-	-	-	-	290.4
Long-Term Deferred Tax Assets	12,438	13,321	8,593	-	7,272	6,565
Long-Term Deferred Charges	-	-	-	1.81	6.17	63.82
Other Long-Term Assets	44,797	44,592	53,511	64,879	69,413	30,171
Total Assets	1,298,567	1,288,499	1,154,543	1,177,218	1,183,993	1,183,883
Accounts Payable	176,162	170,472	194,488	143,137	144,346	161,033
Accrued Expenses	39,510	29,435	24,257	17,638	12,176	20,304
Short-Term Debt	387,239	407,592	400,911	486,508	527,770	532,471
Current Portion of Long-Term Debt	40,422	18,051	59,253	75,741	27,414	19,066
Current Portion of Leases	7,982	8,766	5,634	3,984	4,539	4,273
Current Income Taxes Payable	2,585	13,235	8,232	5,098	-	1,530
Other Current Liabilities	80,913	83,258	74,765	74,627	68,733	54,645
Total Current Liabilities	734,813	730,811	767,539	806,733	784,978	793,323
Long-Term Debt	128,025	140,672	78,947	96,969	139,152	124,435
Long-Term Leases	12,520	16,266	9,016	5,480	3,161	5,367
Pension & Post-Retirement Benefits	17,821	13,363	10,229	5,809	24,421	30,507
Long-Term Deferred Tax Liabilities	15,773	19,079	12,802	6,568	1,581	-
Other Long-Term Liabilities	6,645	6,318	5,496	5,060	6,052	9,556
Total Liabilities	915,597	926,509	884,030	926,620	959,344	963,187
Common Stock	25,026	25,026	25,026	25,026	25,026	34,522
Additional Paid-In Capital	28,658	10,694	10,694	10,694	15,061	27,596
Retained Earnings	183,869	150,527	141,372	145,072	132,743	153,672
Treasury Stock	-916.84	-1,645	-1,645	-1,645	-1,645	-2,259
Comprehensive Income & Other	21,135	27,463	-14,819	-12,553	-4,774	7,165
Total Common Equity	257,770	212,063	160,626	166,593	166,410	220,696
Minority Interest	125,199	149,927	109,887	84,005	58,239	-
Shareholders' Equity	382,970	361,990	270,513	250,598	224,649	220,696
Total Liabilities & Equity	1,298,567	1,288,499	1,154,543	1,177,218	1,183,993	1,183,883
Total Debt	576,187	591,348	553,761	668,682	702,036	685,612
Net Cash (Debt)	-448,394	-497,412	-464,479	-558,038	-607,494	-546,083
Net Cash Per Share	-9792.39	-11201.64	-10460.01	-12566.94	-12889.77	-12296.72
Filing Date Shares Outstanding	46.91	44.41	44.41	44.41	44.41	61.26
Total Common Shares Outstanding	46.91	44.41	44.41	44.41	44.41	44.41
Working Capital	-835.6	-27,712	-155,806	-179,258	-161,343	-159,974
Book Value Per Share	5495.56	4775.64	3617.27	3751.65	3747.53	4969.63
Tangible Book Value	235,827	190,846	137,033	141,303	138,773	191,033
Tangible Book Value Per Share	5027.74	4297.83	3085.95	3182.13	3125.14	4301.69
Land	-	209,733	182,472	160,733	147,861	144,529
Buildings	-	160,594	147,952	153,906	159,004	144,842
Machinery	-	553,851	113,908	117,461	132,837	500,286
Construction In Progress	-	6,732	8,981	16,142	3,678	2,201

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.