Sangsin Brake 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	32,728	38,580	26,370	40,675	45,236	41,970
Short-Term Investments	11,692	10,092	13,677	2,185	4,287	13,697
Trading Asset Securities	-	-	-	-	3.72	3.72
Cash & Short-Term Investments	44,420	48,673	40,047	42,861	49,526	55,670
Cash Growth	23.40%	21.54%	-6.56%	-13.46%	-11.04%	19.55%
Accounts Receivable	161,934	151,819	167,735	146,153	108,684	99,999
Other Receivables	1,345	1,247	1,912	1,762	2,852	3,733
Receivables	164,215	154,050	170,486	148,904	112,537	104,662
Inventory	153,856	143,631	154,233	139,382	143,793	117,949
Prepaid Expenses	10,146	10,837	13,885	24,010	22,719	16,331
Other Current Assets	3,051	3,938	4,174	906.15	1,685	2,290
Total Current Assets	375,687	361,128	382,825	356,063	330,261	296,902
Property, Plant & Equipment	171,535	169,662	179,934	186,757	196,862	184,625
Long-Term Investments	510.11	565.11	1,484	1,744	1,817	1,353
Goodwill	147.09	147.09	147.09	147.09	147.09	147.09
Other Intangible Assets	2,278	2,324	3,026	1,917	2,215	2,042
Long-Term Deferred Tax Assets	10,432	9,873	7,760	5,438	5,410	6,543
Other Long-Term Assets	7,084	11,939	13,680	10,857	7,857	2,029
Total Assets	569,961	557,807	591,078	564,873	544,570	493,641
Accounts Payable	65,214	71,707	70,332	67,448	57,462	48,913
Accrued Expenses	2,923	3,593	4,421	3,789	3,258	2,822
Short-Term Debt	211,798	197,082	210,580	192,472	188,352	156,713
Current Portion of Long-Term Debt	7,486	8,847	15,553	25,175	24,697	25,120
Current Portion of Leases	2,233	2,001	2,426	2,037	1,680	2,105
Current Income Taxes Payable	2,794	1,176	4,842	2,659	4,499	3,784
Current Unearned Revenue	859.79	761.44	236.81	622.69	592.5	714.48
Other Current Liabilities	20,307	26,863	28,484	26,452	24,253	22,832
Total Current Liabilities	313,615	312,031	336,875	320,655	304,793	263,005
Long-Term Debt	17,291	16,779	11,938	24,872	33,175	28,038
Long-Term Leases	3,392	1,187	2,400	2,912	3,747	4,920
Pension & Post-Retirement Benefits	751.28	349.3	1,182	1,584	973.42	4,727
Long-Term Deferred Tax Liabilities	3,116	2,957	2,338	205.57	1,940	1,891
Other Long-Term Liabilities	7,030	5,356	3,707	2,810	2,352	2,606
Total Liabilities	345,195	338,659	358,441	353,038	346,981	305,186
Common Stock	10,736	10,736	10,736	10,736	10,736	10,736
Additional Paid-In Capital	11,188	11,188	11,188	11,188	11,188	11,188
Retained Earnings	186,194	184,766	197,012	186,202	174,135	169,154
Treasury Stock	-9,995	-9,995	-9,995	-9,995	-9,995	-9,995
Comprehensive Income & Other	19,445	15,181	16,017	6,896	4,649	686.85
Total Common Equity	217,567	211,875	224,957	205,026	190,713	181,769
Minority Interest	7,198	7,273	7,680	6,809	6,876	6,686
Shareholders' Equity	224,765	219,148	232,638	211,835	197,589	188,455
Total Liabilities & Equity	569,961	557,807	591,078	564,873	544,570	493,641
Total Debt	242,200	225,897	242,898	247,468	251,650	216,897
Net Cash (Debt)	-197,781	-177,224	-202,851	-204,608	-202,124	-161,227
Net Cash Per Share	-10260.62	-9154.00	-10476.17	-10568.40	-10440.13	-8327.68
Filing Date Shares Outstanding	19.39	19.36	19.36	19.36	19.36	19.36
Total Common Shares Outstanding	19.39	19.36	19.36	19.36	19.36	19.36
Working Capital	62,071	49,096	45,950	35,409	25,468	33,897
Book Value Per Share	11222.30	10943.77	11619.52	10590.02	9850.72	9388.75
Tangible Book Value	215,142	209,404	221,784	202,962	188,350	179,580
Tangible Book Value Per Share	11097.20	10816.14	11455.61	10483.40	9728.69	9275.69
Land	39,568	39,411	39,526	39,105	39,054	38,915
Buildings	123,545	121,330	121,463	116,704	101,225	100,823
Machinery	302,970	285,696	290,531	273,024	257,620	250,374
Construction In Progress	4,883	13,373	3,689	1,622	25,099	3,557