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

Pan Ocean Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	754,728	865,844	952,781	744,629	521,592	237,619
Short-Term Investments	-	-	-	-	-	25,074
Trading Asset Securities	344,513	257,968	82,636	288,266	30,705	28.3
Cash & Short-Term Investments	1,099,241	1,123,812	1,035,417	1,032,895	552,297	262,721
Cash Growth	15.69%	8.54%	0.24%	87.02%	110.22%	-7.24%
Accounts Receivable	215,603	288,079	224,838	268,338	249,207	204,455
Other Receivables	-	8,986	6,562	6,644	2,366	2,954
Receivables	215,603	297,404	231,641	275,167	256,744	207,439
Inventory	116,197	122,133	119,169	129,057	108,223	57,234
Prepaid Expenses	-	229,475	136,952	183,066	230,443	119,862
Other Current Assets	424,646	202,872	205,815	214,015	211,005	15,431
Total Current Assets	1,855,687	1,975,696	1,728,994	1,834,200	1,358,712	662,688
Property, Plant & Equipment	8,323,799	7,862,230	5,840,572	5,444,060	4,963,289	3,874,008
Long-Term Investments	223,089	209,497	171,883	181,308	137,130	90,428
Other Intangible Assets	9,898	10,670	10,612	6,976	6,091	6,641
Long-Term Deferred Charges	-	12	78	221	364	-
Other Long-Term Assets	148,391	206,548	95,241	75,251	15,202	16,750
Total Assets	10,560,864	10,271,506	7,853,946	7,548,942	6,488,779	4,660,484
Accounts Payable	259,126	242,841	216,076	242,354	236,811	140,937
Accrued Expenses	-	42,161	32,785	26,846	15,917	11,704
Short-Term Debt	118,486	-	64,470	-	-	-
Current Portion of Long-Term Debt	42,066	56,110	184,098	74,533	128,169	69,929
Current Portion of Leases	458,040	480,341	357,694	453,821	401,158	184,050
Current Income Taxes Payable	-	3,258	440	4,040	23	607.25
Current Unearned Revenue	-	-	-	-	-	117,077
Other Current Liabilities	406,303	452,150	438,466	425,162	367,332	80,146
Total Current Liabilities	1,284,021	1,276,861	1,294,029	1,226,756	1,149,410	604,451
Long-Term Debt	251,242	285,750	118,209	254,611	247,088	193,247
Long-Term Leases	3,455,488	3,036,371	1,712,349	1,553,286	1,465,757	1,032,479
Pension & Post-Retirement Benefits	3,072	-	-	-	1,232	137.12
Other Long-Term Liabilities	20,774	19,141	16,008	21,685	28,455	22,821
Total Liabilities	5,014,597	4,618,123	3,140,595	3,056,338	2,891,942	1,853,136
Common Stock	534,570	534,570	534,570	534,570	534,570	523,192
Additional Paid-In Capital	1,942,128	1,942,128	1,942,128	1,942,128	1,942,128	711,341
Retained Earnings	2,047,934	1,859,636	1,638,233	1,474,700	851,314	420,747
Comprehensive Income & Other	1,021,635	1,317,049	598,420	541,206	268,825	1,152,068
Total Common Equity	5,546,267	5,653,383	4,713,351	4,492,604	3,596,837	2,807,348
Shareholders' Equity	5,546,267	5,653,383	4,713,351	4,492,604	3,596,837	2,807,348
Total Liabilities & Equity	10,560,864	10,271,506	7,853,946	7,548,942	6,488,779	4,660,484
Total Debt	4,325,322	3,858,572	2,436,820	2,336,251	2,242,172	1,479,705
Net Cash (Debt)	-3,226,081	-2,734,760	-1,401,403	-1,303,356	-1,689,875	-1,216,984
Net Cash Per Share	-6037.80	-5115.82	-2621.55	-2438.14	-3161.19	-2276.57
Filing Date Shares Outstanding	531.49	534.57	534.57	534.57	534.57	534.57
Total Common Shares Outstanding	531.49	534.57	534.57	534.57	534.57	534.57
Working Capital	571,666	698,835	434,965	607,444	209,302	58,237
Book Value Per Share	10435.39	10575.58	8817.10	8404.15	6728.47	5251.60
Tangible Book Value	5,536,369	5,642,713	4,702,739	4,485,628	3,590,746	2,800,707
Tangible Book Value Per Share	10416.77	10555.62	8797.25	8391.10	6717.08	5239.18
Land	428	447	396	390	42	41.35
Buildings	12,178	29,962	26,562	30,116	26,422	23,930
Machinery	7,541,724	9,381,739	7,143,911	6,820,342	6,268,259	5,118,073
Construction In Progress	502,285	830,628	648,270	320,787	112,036	158,304

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