Daechang Forging 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	39,538	37,811	38,702	26,631	31,937	18,297
Short-Term Investments	72,918	64,118	73,492	53,695	12,445	7,467
Trading Asset Securities	1,102	866.91	307.12	-	-	-
Cash & Short-Term Investments	113,558	102,796	112,501	80,327	44,383	25,764
Cash Growth	2.27%	-8.63%	40.05%	80.98%	72.27%	-58.94%
Accounts Receivable	63,120	55,984	43,018	43,619	65,491	59,996
Other Receivables	1,105	927.35	1,332	860.86	523.93	396.25
Receivables	64,225	56,911	44,350	44,481	66,018	60,392
Inventory	99,516	97,641	90,602	94,886	112,373	108,661
Prepaid Expenses	3,614	2,943	2,165	1,533	2,294	1,965
Other Current Assets	610.53	1,166	682.45	288.64	5,651	240.13
Total Current Assets	281,524	261,457	250,301	221,515	230,719	197,022
Property, Plant & Equipment	128,641	126,458	109,398	103,562	97,438	92,617
Long-Term Investments	9,043	8,954	7,544	6,582	6,464	5,909
Other Intangible Assets	1,173	1,193	1,274	1,109	1,238	1,349
Long-Term Deferred Tax Assets	1,059	1,004	1,220	-	-	-
Other Long-Term Assets	1,021	1,607	1,397	855.32	1,244	455.42
Total Assets	423,681	401,820	372,341	334,752	338,228	298,478
Accounts Payable	29,822	25,040	20,491	21,345	28,438	29,777
Accrued Expenses	3,601	5,138	9,483	5,438	6,592	5,209
Short-Term Debt	1,009	785.6	-	-	3,422	592.75
Current Portion of Leases	458.82	543.6	1,894	1,516	773.8	787.82
Current Income Taxes Payable	5,191	4,098	2,850	4,295	7,202	5,593
Other Current Liabilities	12,739	7,916	5,768	4,714	14,855	10,240
Total Current Liabilities	52,822	43,522	40,486	37,309	61,283	52,198
Long-Term Debt	6,054	6,308	4,481	3,470	2,770	1,303
Long-Term Leases	1,199	954.66	1,482	2,469	5,738	2,705
Long-Term Deferred Tax Liabilities	30,099	27,752	24,548	18,966	18,613	15,106
Other Long-Term Liabilities	-0	-	0	0	7,428	0
Total Liabilities	90,173	78,536	70,997	62,213	95,831	71,312
Common Stock	14,286	14,286	14,286	14,286	14,286	14,286
Additional Paid-In Capital	89.93	89.93	89.93	89.93	89.93	89.93
Retained Earnings	305,805	304,744	279,772	251,066	222,137	188,633
Treasury Stock	-7,755	-13,496	-13,496	-9,017	-9,017	-9,017
Comprehensive Income & Other	21,398	17,269	18,894	10,191	9,779	19,397
Total Common Equity	333,824	322,893	299,547	266,616	237,275	213,389
Minority Interest	-315.82	391.21	1,797	5,923	5,122	13,778
Shareholders' Equity	333,508	323,284	301,344	272,539	242,397	227,166
Total Liabilities & Equity	423,681	401,820	372,341	334,752	338,228	298,478
Total Debt	8,720	8,591	7,857	7,455	12,703	5,388
Net Cash (Debt)	104,838	94,205	104,644	72,872	31,680	20,375
Net Cash Growth	0.95%	-9.98%	43.60%	130.02%	55.48%	-64.78%
Net Cash Per Share	4156.60	3736.22	4104.76	2813.51	1223.14	786.67
Filing Date Shares Outstanding	25.21	25.21	25.21	25.9	25.9	12.95
Total Common Shares Outstanding	25.21	25.21	25.21	25.9	25.9	25.9
Working Capital	228,702	217,935	209,815	184,206	169,436	144,824
Book Value Per Share	13239.66	12806.12	11880.20	10293.77	9160.95	8238.72
Tangible Book Value	332,651	321,700	298,273	265,507	236,038	212,040
Tangible Book Value Per Share	13193.12	12758.82	11829.68	10250.97	9113.17	8186.64
Land	30,160	29,997	28,892	28,945	35,383	35,718
Buildings	74,413	71,842	49,499	40,181	33,844	34,162
Machinery	91,678	91,497	88,267	77,996	107,950	104,554
Construction In Progress	1,063	829.96	4,854	15,948	6,966	5,231