Hanon Systems 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	774,603	1,346,500	778,560	1,429,141	1,403,763	1,325,366
Short-Term Investments	-0	-0	0	-0	-0	-
Trading Asset Securities	12,500	12,500	14,500	19,758	12,500	12,500
Cash & Short-Term Investments	787,103	1,359,000	793,060	1,448,899	1,416,263	1,337,866
Cash Growth	2.14%	71.36%	-45.27%	2.30%	5.86%	91.35%
Accounts Receivable	1,497,345	1,259,012	1,196,003	1,136,053	882,712	1,097,309
Other Receivables	-	83,739	88,596	125,409	117,923	59,764
Receivables	1,497,345	1,347,021	1,289,895	1,266,357	1,004,187	1,164,781
Inventory	1,391,398	1,241,230	1,140,380	971,911	810,137	630,398
Prepaid Expenses	-	207,848	228,492	278,116	172,672	156,642
Other Current Assets	657,946	283,922	245,076	200,225	148,469	174,992
Total Current Assets	4,333,791	4,439,022	3,696,904	4,165,508	3,551,728	3,464,680
Property, Plant & Equipment	3,339,605	3,342,148	3,011,258	2,620,542	2,563,306	2,434,773
Long-Term Investments	100,690	101,208	85,480	83,488	137,253	105,115
Goodwill	-	931,903	891,426	866,405	862,741	803,468
Other Intangible Assets	2,371,224	186,587	192,133	208,270	208,485	217,018
Long-Term Deferred Tax Assets	228,877	202,735	142,636	161,592	116,272	93,516
Long-Term Deferred Charges	-	1,232,867	1,042,443	848,423	718,945	601,385
Other Long-Term Assets	188,206	171,513	178,775	140,623	69,590	84,816
Total Assets	10,562,394	10,620,252	9,244,404	9,098,783	8,233,733	7,807,411
Accounts Payable	1,316,813	1,353,734	1,308,375	1,231,105	946,011	1,039,579
Accrued Expenses	-	453,895	243,059	271,208	208,407	198,180
Short-Term Debt	2,459,690	1,958,676	967,480	1,515,070	831,882	622,899
Current Portion of Long-Term Debt	-	482,751	499,779	459,661	289,935	289,804
Current Portion of Leases	73,446	-	-	-	45,453	40,105
Current Income Taxes Payable	23,906	42,892	43,964	50,106	56,612	59,360
Current Unearned Revenue	-	142,897	101,073	84,289	70,664	69,348
Other Current Liabilities	928,200	598,961	412,411	409,640	364,519	399,112
Total Current Liabilities	4,802,054	5,033,807	3,576,141	4,021,078	2,813,484	2,718,386
Long-Term Debt	1,663,564	2,126,023	2,679,147	2,305,388	2,367,327	2,314,738
Long-Term Leases	535,128	-	-	-	188,154	162,110
Long-Term Unearned Revenue	-	7,787	4,377	6,004	255.12	1,784
Pension & Post-Retirement Benefits	164,807	134,074	128,032	118,587	190,843	185,566
Long-Term Deferred Tax Liabilities	269,807	251,249	269,119	219,280	135,745	120,265
Other Long-Term Liabilities	71,411	68,574	79,102	58,580	61,268	65,127
Total Liabilities	7,506,771	7,621,514	6,735,918	6,728,917	5,757,075	5,567,976
Common Stock	67,876	67,876	53,380	53,380	53,380	53,380
Additional Paid-In Capital	560,959	560,959	-23,066	-23,066	-10,981	-10,869
Retained Earnings	1,718,115	1,701,526	2,103,103	2,243,491	2,368,351	2,257,301
Treasury Stock	-1,142	-1,142	-1,142	-1,142	-1,142	-1,142
Comprehensive Income & Other	566,532	524,253	239,420	-36,655	-66,373	-181,260
Total Common Equity	2,912,340	2,853,472	2,371,695	2,236,007	2,343,235	2,117,410
Minority Interest	143,283	145,266	136,791	133,859	133,423	122,025
Shareholders' Equity	3,055,623	2,998,738	2,508,487	2,369,866	2,476,658	2,239,435
Total Liabilities & Equity	10,562,394	10,620,252	9,244,404	9,098,783	8,233,733	7,807,411
Total Debt	4,731,827	4,567,451	4,146,406	4,280,119	3,722,750	3,429,655
Net Cash (Debt)	-3,944,724	-3,208,451	-3,353,346	-2,831,220	-2,306,488	-2,091,788
Net Cash Per Share	-6107.63	-5976.58	-6283.58	-5304.94	-4298.24	-3915.44
Filing Date Shares Outstanding	678.63	678.63	533.67	533.67	533.67	533.67
Total Common Shares Outstanding	678.63	678.63	533.67	533.67	533.67	533.67
Working Capital	-468,263	-594,785	120,763	144,429	738,244	746,294
Book Value Per Share	4291.49	4204.75	4444.14	4189.88	4390.81	3967.65
Tangible Book Value	541,116	1,734,981	1,288,137	1,161,332	1,272,009	1,096,925
Tangible Book Value Per Share	797.36	2556.59	2413.74	2176.13	2383.52	2055.44
Land	-	367,010	360,034	125,052	124,292	115,347
Buildings	-	693,846	647,018	653,141	404,387	566,042
Machinery	-	5,425,271	4,875,729	4,531,859	1,462,558	3,685,486
Construction In Progress	-	485,108	462,457	389,064	363,302	477,777
Leasehold Improvements	-	30,926	27,034	25,037	16,752	10,547

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