Pan Ocean Co., Ltd. (KRX:028670)

Pan Ocean Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	865,844	952,781	744,629	521,592	218.35
Short-Term Investments	-	-	-	-	23.04
Trading Asset Securities	257,968	82,636	288,266	30,705	0.03
Cash & Short-Term Investments	1,123,812	1,035,417	1,032,895	552,297	241.41
Cash Growth	8.54%	0.24%	87.02%	228677.77%	-1.60%
Accounts Receivable	288,079	224,838	268,338	249,207	187.87
Other Receivables	8,986	6,562	6,644	2,366	2.71
Receivables	297,404	231,641	275,167	256,744	190.61
Inventory	122,133	119,169	129,057	108,223	52.59
Prepaid Expenses	229,475	136,952	183,066	230,443	110.14
Other Current Assets	202,872	205,815	214,015	211,005	14.18
Total Current Assets	1,975,696	1,728,994	1,834,200	1,358,712	608.94
Property, Plant & Equipment	7,862,230	5,840,572	5,444,060	4,963,289	3,560
Long-Term Investments	209,497	171,883	181,308	137,130	83.09
Other Intangible Assets	10,670	10,612	6,976	6,091	6.1
Long-Term Deferred Charges	12	78	221	364	-
Other Long-Term Assets	206,548	95,241	75,251	15,202	15.39
Total Assets	10,271,506	7,853,946	7,548,942	6,488,779	4,282
Accounts Payable	242,841	216,076	242,354	236,811	129.51
Accrued Expenses	42,161	32,785	26,846	15,917	10.76
Short-Term Debt	-	64,470	-	-	-
Current Portion of Long-Term Debt	56,110	184,098	74,533	128,169	64.26
Current Portion of Leases	480,341	357,694	453,821	401,158	169.12
Current Income Taxes Payable	3,258	440	4,040	23	0.56
Current Unearned Revenue	-	-	-	-	107.58
Other Current Liabilities	452,150	438,466	425,162	367,332	73.65
Total Current Liabilities	1,276,861	1,294,029	1,226,756	1,149,410	555.42
Long-Term Debt	285,750	118,209	254,611	247,088	177.57
Long-Term Leases	3,036,371	1,712,349	1,553,286	1,465,757	948.73
Other Long-Term Liabilities	19,141	16,008	21,685	28,455	20.97
Total Liabilities	4,618,123	3,140,595	3,056,338	2,891,942	1,703
Common Stock	534,570	534,570	534,570	534,570	480.76
Additional Paid-In Capital	1,942,128	1,942,128	1,942,128	1,942,128	653.64
Retained Earnings	1,859,636	1,638,233	1,474,700	851,314	386.62
Comprehensive Income & Other	1,317,049	598,420	541,206	268,825	1,059
Total Common Equity	5,653,383	4,713,351	4,492,604	3,596,837	2,580
Shareholders' Equity	5,653,383	4,713,351	4,492,604	3,596,837	2,580
Total Liabilities & Equity	10,271,506	7,853,946	7,548,942	6,488,779	4,282
Total Debt	3,858,572	2,436,820	2,336,251	2,242,172	1,360
Net Cash (Debt)	-2,734,760	-1,401,403	-1,303,356	-1,689,875	-1,118
Net Cash Per Share	-5115.82	-2621.55	-2438.14	-3161.19	-2.09
Filing Date Shares Outstanding	534.57	534.57	534.57	534.57	534.57
Total Common Shares Outstanding	534.57	534.57	534.57	534.57	534.57
Working Capital	698,835	434,965	607,444	209,302	53.51
Book Value Per Share	10575.58	8817.10	8404.15	6728.47	4.83
Tangible Book Value	5,642,713	4,702,739	4,485,628	3,590,746	2,574
Tangible Book Value Per Share	10555.62	8797.25	8391.10	6717.08	4.81
Land	447	396	390	42	0.04
Buildings	29,962	26,562	30,116	26,422	21.99
Machinery	9,381,739	7,143,911	6,820,342	6,268,259	4,703
Construction In Progress	830,628	648,270	320,787	112,036	145.46

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.