Hwaseung Corporation 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	89,913	116,790	88,788	83,968	105,502	86,637
Short-Term Investments	5,326	5,188	5,148	4,959	5,143	7,905
Trading Asset Securities	1,004	-	-	354.26	-	-
Cash & Short-Term Investments	96,244	121,977	93,937	89,281	110,644	94,542
Cash Growth	-10.90%	29.85%	5.21%	-19.31%	17.03%	-32.24%
Accounts Receivable	272,064	245,122	289,151	257,123	240,789	219,375
Other Receivables	12,132	10,425	13,856	11,404	7,306	14,172
Receivables	284,361	255,716	304,742	270,964	248,258	233,988
Inventory	213,461	203,549	237,857	196,564	225,356	241,777
Prepaid Expenses	25,486	18,173	19,412	8,936	9,842	9,295
Other Current Assets	29,053	36,050	47,150	45,988	33,374	44,033
Total Current Assets	648,606	635,465	703,099	611,733	627,475	623,635
Property, Plant & Equipment	467,175	453,298	465,836	417,524	417,006	410,619
Long-Term Investments	57,563	53,918	39,658	38,476	38,824	45,378
Goodwill	8,891	8,891	8,891	11,915	14,684	14,684
Other Intangible Assets	15,176	14,922	12,327	11,678	10,606	12,953
Long-Term Deferred Tax Assets	12,141	11,705	13,321	8,593	-	7,272
Long-Term Deferred Charges	-	-	-	-	1.81	6.17
Other Long-Term Assets	53,712	54,014	44,592	53,511	64,879	69,413
Total Assets	1,263,649	1,232,594	1,288,499	1,154,543	1,177,218	1,183,993
Accounts Payable	173,807	146,019	170,472	194,488	143,137	144,346
Accrued Expenses	26,482	27,552	29,435	24,257	17,638	12,176
Short-Term Debt	316,177	326,647	407,592	400,911	486,508	527,770
Current Portion of Long-Term Debt	40,238	84,239	18,051	59,253	75,741	27,414
Current Portion of Leases	7,928	8,126	8,766	5,634	3,984	4,539
Current Income Taxes Payable	8,314	4,066	13,235	8,232	5,098	-
Other Current Liabilities	90,096	91,990	83,258	74,765	74,627	68,733
Total Current Liabilities	663,042	688,640	730,811	767,539	806,733	784,978
Long-Term Debt	108,910	79,435	140,672	78,947	96,969	139,152
Long-Term Leases	13,243	12,158	16,266	9,016	5,480	3,161
Pension & Post-Retirement Benefits	8,569	5,798	13,363	10,229	5,809	24,421
Long-Term Deferred Tax Liabilities	20,721	20,026	19,079	12,802	6,568	1,581
Other Long-Term Liabilities	7,973	7,804	6,318	5,496	5,060	6,052
Total Liabilities	822,457	813,861	926,509	884,030	926,620	959,344
Common Stock	25,026	25,026	25,026	25,026	25,026	25,026
Additional Paid-In Capital	28,642	28,642	10,694	10,694	10,694	15,061
Retained Earnings	237,960	209,973	133,900	141,372	145,072	132,743
Treasury Stock	-916.84	-916.84	-1,645	-1,645	-1,645	-1,645
Comprehensive Income & Other	5,774	20,578	44,089	-14,819	-12,553	-4,774
Total Common Equity	296,486	283,303	212,063	160,626	166,593	166,410
Minority Interest	144,707	135,430	149,927	109,887	84,005	58,239
Shareholders' Equity	441,193	418,733	361,990	270,513	250,598	224,649
Total Liabilities & Equity	1,263,649	1,232,594	1,288,499	1,154,543	1,177,218	1,183,993
Total Debt	486,495	510,605	591,348	553,761	668,682	702,036
Net Cash (Debt)	-390,251	-388,628	-497,412	-464,479	-558,038	-607,494
Net Cash Per Share	-8315.80	-8369.72	-11201.08	-10460.01	-12566.94	-12889.77
Filing Date Shares Outstanding	46.92	46.91	44.41	44.41	44.41	44.41
Total Common Shares Outstanding	46.92	46.91	44.41	44.41	44.41	44.41
Working Capital	-14,436	-53,175	-27,712	-155,806	-179,258	-161,343
Book Value Per Share	6319.02	6039.90	4775.64	3617.27	3751.65	3747.53
Tangible Book Value	272,418	259,491	190,846	137,033	141,303	138,773
Tangible Book Value Per Share	5806.08	5532.23	4297.83	3085.95	3182.13	3125.14
Land	-	206,173	209,733	182,472	160,733	147,861
Buildings	-	136,624	160,594	147,952	153,906	159,004
Machinery	-	478,222	553,851	113,908	117,461	132,837
Construction In Progress	-	13,410	6,732	8,981	16,142	3,678