Kwang Myung Electric Co.,Ltd (KRX: 017040)

Kwang Myung Electric Co.,Ltd Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	29,635	47,094	19,807	37,393	37,037	34,286
Short-Term Investments	-	1,714	32,204	29,000	7,800	19,984
Trading Asset Securities	2,034	1,640	1,625	2,009	16,768	3,892
Cash & Short-Term Investments	31,669	50,448	53,636	68,402	61,605	58,162
Cash Growth	-40.39%	-5.94%	-21.59%	11.03%	5.92%	47.20%
Accounts Receivable	28,137	39,306	29,524	23,331	14,627	17,468
Other Receivables	994.39	203.47	236.11	374.53	345.38	590.57
Receivables	29,225	39,611	29,905	23,817	15,068	18,143
Inventory	31,345	18,867	16,410	17,551	12,776	7,916
Prepaid Expenses	178.99	194.72	250.6	230.86	307.01	301.1
Other Current Assets	4,329	9,760	7,521	2,589	3,061	2,605
Total Current Assets	96,747	118,881	107,722	112,590	92,816	87,127
Property, Plant & Equipment	61,519	37,882	33,833	29,062	29,513	26,208
Long-Term Investments	10,889	21,403	24,751	22,386	21,644	22,588
Goodwill	21.45	21.45	21.45	21.45	21.45	21.45
Other Intangible Assets	1,955	1,989	2,049	1,774	1,843	1,437
Long-Term Accounts Receivable	8,405	-	-	-	-	-
Long-Term Deferred Tax Assets	-	3,344	1,490	2,123	2,058	2,195
Long-Term Deferred Charges	732.35	529.06	470.49	157.51	2,748	2,513
Other Long-Term Assets	11,703	2,399	979.54	993.63	11,199	10,594
Total Assets	192,832	187,307	172,178	169,927	165,885	156,713
Accounts Payable	12,549	14,641	17,860	17,650	9,177	11,446
Accrued Expenses	2,614	3,447	3,496	2,688	2,528	1,975
Short-Term Debt	7,500	7,500	7,500	10,500	11,200	16,200
Current Portion of Leases	40.88	40.03	42.89	77.67	62.23	-
Current Income Taxes Payable	1,476	4,187	121.74	786.44	343.69	1,304
Current Unearned Revenue	215.08	-	-	-	-	-
Other Current Liabilities	30,804	24,065	20,641	17,423	26,539	14,208
Total Current Liabilities	55,199	53,880	49,662	49,126	49,850	45,134
Long-Term Debt	17,700	-	-	-	-	-
Long-Term Leases	133.88	154.6	21.8	29.3	86.43	-
Long-Term Deferred Tax Liabilities	-	-	-	-	208.4	199.1
Other Long-Term Liabilities	80.84	6.55	181.24	155.06	155.06	33.56
Total Liabilities	74,231	56,517	53,308	54,791	56,097	51,314
Common Stock	21,669	21,669	21,669	21,669	21,669	21,669
Additional Paid-In Capital	21,243	21,243	21,043	21,043	21,043	21,043
Retained Earnings	68,263	78,907	69,890	64,122	58,640	53,891
Treasury Stock	-	-	-2,000	-	-	-
Comprehensive Income & Other	-435.24	1,191	730.26	903.08	994.8	1,111
Total Common Equity	110,740	123,010	111,333	107,737	102,347	97,714
Minority Interest	7,861	7,779	7,538	7,398	7,441	7,685
Shareholders' Equity	118,601	130,789	118,871	115,135	109,787	105,399
Total Liabilities & Equity	192,832	187,307	172,178	169,927	165,885	156,713
Total Debt	25,375	7,695	7,565	10,607	11,349	16,200
Net Cash (Debt)	6,295	42,753	46,071	57,795	50,256	41,962
Net Cash Growth	-86.19%	-7.20%	-20.29%	15.00%	19.77%	252.30%
Net Cash Per Share	146.43	1004.68	1066.18	1333.60	1159.64	968.25
Filing Date Shares Outstanding	43.34	43.34	42.47	43.34	43.34	43.34
Total Common Shares Outstanding	43.34	43.34	42.47	43.34	43.34	43.34
Working Capital	41,548	65,001	58,060	63,464	42,967	41,993
Book Value Per Share	2555.28	2838.41	2621.28	2486.00	2361.61	2254.71
Tangible Book Value	108,763	121,000	109,262	105,942	100,482	96,255
Tangible Book Value Per Share	2509.67	2792.02	2572.53	2444.57	2318.59	2221.06
Land	36,292	10,748	16,637	16,416	12,905	12,815
Buildings	12,166	13,894	16,481	15,338	15,328	15,328
Machinery	19,389	19,090	18,981	18,622	18,496	17,440
Construction In Progress	16,292	16,354	4,675	498.23	3,432	399.32

Source: S&P Capital IQ. Standard template. Financial Sources.