Hanon Systems 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	848,118	924,789	1,346,500	778,560	1,429,141	1,403,763
Short-Term Investments	27,809	0	-0	0	-0	-0
Trading Asset Securities	-	12,500	12,500	14,500	19,758	12,500
Cash & Short-Term Investments	875,927	937,289	1,359,000	793,060	1,448,899	1,416,263
Cash Growth	1.19%	-31.03%	71.36%	-45.27%	2.30%	5.86%
Accounts Receivable	1,705,490	1,437,036	1,259,012	1,196,003	1,136,053	882,712
Other Receivables	178,662	119,102	83,739	88,596	125,409	117,923
Receivables	1,885,546	1,557,078	1,347,021	1,289,895	1,266,357	1,004,187
Inventory	1,442,565	1,404,689	1,241,230	1,140,380	971,911	810,137
Prepaid Expenses	-	247,549	207,848	228,492	278,116	172,672
Other Current Assets	535,246	265,902	283,922	245,076	200,225	148,469
Total Current Assets	4,739,284	4,412,507	4,439,022	3,696,904	4,165,508	3,551,728
Property, Plant & Equipment	3,366,319	3,328,588	3,342,148	3,011,258	2,620,542	2,563,306
Long-Term Investments	106,614	99,246	101,208	85,480	83,488	137,253
Goodwill	-	959,540	931,903	891,426	866,405	862,741
Other Intangible Assets	2,210,497	156,998	186,587	192,133	208,270	208,485
Long-Term Deferred Tax Assets	208,868	209,788	202,735	142,636	161,592	116,272
Long-Term Deferred Charges	-	1,068,069	1,232,867	1,042,443	848,423	718,945
Other Long-Term Assets	247,465	246,166	171,513	178,775	140,623	69,590
Total Assets	10,890,806	10,492,248	10,620,252	9,244,404	9,098,783	8,233,733
Accounts Payable	1,467,295	1,204,826	1,353,734	1,308,375	1,231,105	946,011
Accrued Expenses	-	382,587	453,895	243,059	271,208	208,407
Short-Term Debt	1,142,871	1,008,002	1,901,594	967,480	1,515,070	831,882
Current Portion of Long-Term Debt	844,620	684,765	482,751	499,779	459,661	289,935
Current Portion of Leases	80,433	70,677	57,083	-	-	45,453
Current Income Taxes Payable	28,079	12,765	42,892	43,964	50,106	56,612
Current Unearned Revenue	-	230,184	142,897	101,073	84,289	70,664
Other Current Liabilities	960,783	391,018	598,961	412,411	409,640	364,519
Total Current Liabilities	4,524,080	3,984,822	5,033,807	3,576,141	4,021,078	2,813,484
Long-Term Debt	1,166,325	1,544,834	1,703,888	2,679,147	2,305,388	2,367,327
Long-Term Leases	562,636	551,439	422,136	-	-	188,154
Long-Term Unearned Revenue	-	5,081	7,787	4,377	6,004	255.12
Pension & Post-Retirement Benefits	136,682	131,306	134,074	128,032	118,587	190,843
Long-Term Deferred Tax Liabilities	294,188	280,878	251,249	269,119	219,280	135,745
Other Long-Term Liabilities	91,009	80,907	68,574	79,102	58,580	61,268
Total Liabilities	6,774,921	6,579,267	7,621,514	6,735,918	6,728,917	5,757,075
Common Stock	102,626	102,626	67,876	53,380	53,380	53,380
Additional Paid-In Capital	1,504,210	1,504,210	560,959	-23,066	-23,066	-10,981
Retained Earnings	1,589,500	1,520,688	1,701,526	2,103,103	2,243,491	2,368,351
Treasury Stock	-97.3	-97.3	-1,142	-1,142	-1,142	-1,142
Comprehensive Income & Other	771,338	640,336	524,253	239,420	-36,655	-66,373
Total Common Equity	3,967,577	3,767,763	2,853,472	2,371,695	2,236,007	2,343,235
Minority Interest	148,308	145,218	145,266	136,791	133,859	133,423
Shareholders' Equity	4,115,885	3,912,981	2,998,738	2,508,487	2,369,866	2,476,658
Total Liabilities & Equity	10,890,806	10,492,248	10,620,252	9,244,404	9,098,783	8,233,733
Total Debt	3,796,885	3,859,716	4,567,451	4,146,406	4,280,119	3,722,750
Net Cash (Debt)	-2,920,958	-2,922,427	-3,208,451	-3,353,346	-2,831,220	-2,306,488
Net Cash Per Share	-3821.90	-4300.32	-5976.58	-6283.58	-5304.94	-4298.24
Filing Date Shares Outstanding	1,025	1,026	678.63	533.67	533.67	533.67
Total Common Shares Outstanding	1,025	1,026	678.63	533.67	533.67	533.67
Working Capital	215,204	427,685	-594,785	120,763	144,429	738,244
Book Value Per Share	3871.47	3671.38	4204.75	4444.14	4189.88	4390.81
Tangible Book Value	1,757,080	2,651,225	1,734,981	1,288,137	1,161,332	1,272,009
Tangible Book Value Per Share	1714.52	2583.41	2556.59	2413.74	2176.13	2383.52
Land	-	364,364	367,010	360,034	125,052	124,292
Buildings	-	734,200	693,846	647,018	653,141	404,387
Machinery	-	6,000,798	5,425,271	4,875,729	4,531,859	1,462,558
Construction In Progress	-	193,060	485,108	462,457	389,064	363,302
Leasehold Improvements	-	42,586	30,926	27,034	25,037	16,752

Source: S&P Global Market Intelligence. Standard template. Financial Sources.