Seowon 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 2021	FY 2020
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	42,962	32,604	33,948	7,875	11,187	4,571
Short-Term Investments	1,406	2,519	1,885	2,106	0	10
Trading Asset Securities	5,181	3,918	444.1	-	1,942	885.71
Cash & Short-Term Investments	49,549	39,041	36,277	9,981	13,130	5,466
Cash Growth	-3.65%	7.62%	263.45%	-23.98%	140.19%	225.26%
Accounts Receivable	225,538	235,186	189,765	27,231	28,543	29,271
Other Receivables	19,661	22,253	14,030	1,356	1,231	1,482
Receivables	246,781	261,091	203,960	28,733	29,774	30,753
Inventory	390,757	318,760	283,358	46,837	59,748	57,331
Prepaid Expenses	1,065	1,410	1,647	234.27	-	-
Other Current Assets	11,134	1,956	3,692	632.06	14,657	3,201
Total Current Assets	699,286	622,257	528,935	86,418	117,309	96,751
Property, Plant & Equipment	426,927	428,223	425,409	63,420	58,180	51,148
Long-Term Investments	13,302	11,800	7,375	94,269	107,814	76,116
Goodwill	-	-	425.96	-	-	-
Other Intangible Assets	8,903	8,027	7,826	1,178	1,059	1,059
Other Long-Term Assets	8,649	8,552	11,391	1,713	9,004	880.37
Total Assets	1,157,414	1,079,186	981,648	246,997	293,366	225,954
Accounts Payable	78,360	77,432	52,149	-	-	-
Accrued Expenses	8,905	9,228	9,920	-	-	-
Short-Term Debt	479,794	432,722	413,982	91,293	74,068	75,317
Current Portion of Long-Term Debt	31,257	31,255	47,547	1,000	3,300	5,125
Current Portion of Leases	954.69	960.9	961.28	231.99	-	-
Current Income Taxes Payable	434.82	469.35	2,185	-	119.29	25.79
Other Current Liabilities	17,623	36,981	12,494	5,532	22,500	9,347
Total Current Liabilities	617,329	589,048	539,239	98,057	99,988	89,815
Long-Term Debt	130,533	102,421	44,019	21,000	45,307	22,285
Long-Term Leases	1,101	903.75	882.44	135.49	-	-
Pension & Post-Retirement Benefits	10.74	-	-	-	-	-
Long-Term Deferred Tax Liabilities	50,328	43,309	45,257	3,555	8,997	8,241
Other Long-Term Liabilities	2,033	2,010	5,512	253.69	200.73	41.32
Total Liabilities	801,334	737,691	634,910	123,002	154,494	120,383
Common Stock	23,737	23,737	23,737	23,737	23,737	23,737
Additional Paid-In Capital	24,718	25,663	25,663	25,663	25,332	25,332
Retained Earnings	79,221	71,109	77,158	28,352	38,318	21,374
Comprehensive Income & Other	34,228	25,372	25,807	46,243	48,385	30,121
Total Common Equity	161,904	145,881	152,366	123,996	135,773	100,564
Minority Interest	194,176	195,614	194,372	-	3,099	5,007
Shareholders' Equity	356,080	341,495	346,738	123,996	138,872	105,572
Total Liabilities & Equity	1,157,414	1,079,186	981,648	246,997	293,366	225,954
Total Debt	643,639	568,262	507,392	113,661	122,676	102,727
Net Cash (Debt)	-594,091	-529,222	-471,115	-103,679	-109,546	-97,261
Net Cash Per Share	-12523.22	-11147.47	-9927.93	-2183.89	-2307.47	-2050.38
Filing Date Shares Outstanding	47.57	47.47	47.47	47.47	47.47	47.47
Total Common Shares Outstanding	47.57	47.47	47.47	47.47	47.47	47.47
Working Capital	81,957	33,209	-10,304	-11,640	17,321	6,936
Book Value Per Share	3403.46	3072.82	3209.42	2611.83	2859.90	2118.28
Tangible Book Value	153,001	137,854	144,114	122,818	134,714	99,506
Tangible Book Value Per Share	3216.29	2903.74	3035.60	2587.02	2837.60	2095.98
Land	332,397	332,397	330,339	47,478	41,288	32,258
Buildings	76,251	84,354	69,593	17,069	16,911	19,130
Machinery	64,630	219,885	56,741	30,939	28,086	31,919
Construction In Progress	2,621	2,140	2,994	1,294	715.18	94.22