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

Pan Ocean Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	742,559	952,781	744,629	521,592	218.35	220.52
Short-Term Investments	-	-	-	-	23.04	24.81
Trading Asset Securities	207,617	82,636	288,266	30,705	0.03	-
Cash & Short-Term Investments	950,176	1,035,417	1,032,895	552,297	241.41	245.33
Cash Growth	10.90%	0.24%	87.02%	228677.77%	-1.60%	21.02%
Accounts Receivable	250,266	224,838	268,338	249,207	187.87	169.2
Other Receivables	-	6,562	6,644	2,366	2.71	22.1
Receivables	250,266	231,641	275,167	256,744	190.61	191.3
Inventory	111,016	119,169	129,057	108,223	52.59	56.42
Prepaid Expenses	-	136,952	183,066	230,443	110.14	-
Other Current Assets	448,020	205,815	214,015	211,005	14.18	93.87
Total Current Assets	1,759,478	1,728,994	1,834,200	1,358,712	608.94	586.92
Property, Plant & Equipment	6,710,167	5,840,572	5,444,060	4,963,289	3,560	3,228
Long-Term Investments	183,096	171,883	181,308	137,130	83.09	12.04
Other Intangible Assets	9,232	10,612	6,976	6,091	6.1	6.73
Long-Term Deferred Charges	-	78	221	364	-	-
Other Long-Term Assets	156,467	95,241	75,251	15,202	15.39	13.75
Total Assets	8,818,440	7,853,946	7,548,942	6,488,779	4,282	3,847
Accounts Payable	240,406	216,076	242,354	236,811	129.51	103.81
Accrued Expenses	-	32,785	26,846	15,917	10.76	-
Short-Term Debt	-	64,470	-	-	-	-
Current Portion of Long-Term Debt	76,772	184,098	74,533	128,169	64.26	371.01
Current Portion of Leases	420,218	357,694	453,821	401,158	169.12	12.84
Current Income Taxes Payable	-	440	4,040	23	0.56	-
Current Unearned Revenue	-	-	-	-	107.58	62.07
Other Current Liabilities	458,634	438,466	425,162	367,332	73.65	62.74
Total Current Liabilities	1,196,030	1,294,029	1,226,756	1,149,410	555.42	612.46
Long-Term Debt	200,908	118,209	254,611	247,088	177.57	684.08
Long-Term Leases	2,333,989	1,712,349	1,553,286	1,465,757	948.73	21.26
Other Long-Term Liabilities	16,035	16,008	21,685	28,455	20.97	22.66
Total Liabilities	3,749,353	3,140,595	3,056,338	2,891,942	1,703	1,343
Common Stock	534,570	534,570	534,570	534,570	480.76	480.76
Additional Paid-In Capital	1,942,128	1,942,128	1,942,128	1,942,128	653.64	652.81
Retained Earnings	1,893,309	1,638,233	1,474,700	851,314	386.62	308.1
Comprehensive Income & Other	699,080	598,420	541,206	268,825	1,059	1,051
Total Common Equity	5,069,087	4,713,351	4,492,604	3,596,837	2,580	2,493
Minority Interest	-	-	-	-	-	11.32
Shareholders' Equity	5,069,087	4,713,351	4,492,604	3,596,837	2,580	2,504
Total Liabilities & Equity	8,818,440	7,853,946	7,548,942	6,488,779	4,282	3,847
Total Debt	3,031,887	2,436,820	2,336,251	2,242,172	1,360	1,089
Net Cash (Debt)	-2,081,711	-1,401,403	-1,303,356	-1,689,875	-1,118	-843.85
Net Cash Per Share	-3896.92	-2621.55	-2438.14	-3161.19	-2.09	-1.55
Filing Date Shares Outstanding	534.57	534.57	534.57	534.57	534.57	534.57
Total Common Shares Outstanding	534.57	534.57	534.57	534.57	534.57	534.57
Working Capital	563,448	434,965	607,444	209,302	53.51	-25.55
Book Value Per Share	9482.56	8817.10	8404.15	6728.47	4.83	4.66
Tangible Book Value	5,059,855	4,702,739	4,485,628	3,590,746	2,574	2,486
Tangible Book Value Per Share	9465.29	8797.25	8391.10	6717.08	4.81	4.65
Land	405	396	390	42	0.04	-
Buildings	14,461	26,562	30,116	26,422	21.99	-
Machinery	5,535,139	7,143,911	6,820,342	6,268,259	4,703	-
Construction In Progress	903,300	648,270	320,787	112,036	145.46	-

Source: S&P Capital IQ. Standard template. Financial Sources.