Korea District Heating Corp. (KRX:071320)

Korea District Heating 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	250,529	6,889	14,123	39,041	16,578	29,604
Short-Term Investments	2,500	2,500	2,200	2,900	2,000	2,000
Trading Asset Securities	-	-	-	-	517.76	181.33
Cash & Short-Term Investments	253,029	9,389	16,323	41,941	19,096	31,786
Cash Growth	105.04%	-42.48%	-61.08%	119.64%	-39.92%	41.63%
Accounts Receivable	749,261	723,900	707,448	849,790	544,990	434,147
Other Receivables	-	235,906	79,728	108,548	71,059	35,634
Receivables	754,097	965,553	796,426	970,693	626,028	476,838
Inventory	14,017	25,852	61,273	60,023	39,137	38,853
Prepaid Expenses	-	2,375	2,828	3,098	4,500	5,032
Other Current Assets	392,413	43,729	22,792	43,603	22,780	31,397
Total Current Assets	1,413,556	1,046,898	899,641	1,119,358	711,541	583,906
Property, Plant & Equipment	6,655,772	6,635,101	6,297,765	5,948,018	5,495,589	5,224,383
Long-Term Investments	13,223	13,301	14,414	15,823	13,040	9,712
Other Intangible Assets	59,620	61,799	69,810	76,916	80,080	82,291
Long-Term Accounts Receivable	0	-	-	0	-0	0
Long-Term Deferred Tax Assets	20,683	73,330	121,744	139,316	75,321	79,800
Other Long-Term Assets	304,776	458,167	493,444	100,890	78,567	38,107
Total Assets	8,539,640	8,362,238	7,968,409	7,478,130	6,517,362	6,073,139
Accounts Payable	420,258	503,644	505,606	1,003,402	507,423	231,903
Accrued Expenses	92,236	84,159	74,207	66,328	53,207	56,025
Short-Term Debt	540,000	603,727	540,000	530,000	470,288	-
Current Portion of Long-Term Debt	730,037	370,030	759,807	259,863	329,948	429,909
Current Portion of Leases	8,225	8,520	9,123	8,520	10,070	9,321
Current Income Taxes Payable	12,396	142.5	8,184	85.44	845.51	4,919
Current Unearned Revenue	49,998	49,703	48,251	45,463	42,223	39,735
Other Current Liabilities	189,852	68,511	83,113	82,295	100,678	149,127
Total Current Liabilities	2,043,002	1,688,436	2,028,292	1,995,956	1,514,682	920,938
Long-Term Debt	2,883,072	3,242,764	2,683,222	2,670,039	2,087,480	2,317,785
Long-Term Leases	98,900	107,908	109,746	111,751	107,303	102,327
Long-Term Unearned Revenue	1,040,153	1,039,925	1,041,114	1,026,337	976,710	917,001
Other Long-Term Liabilities	24,207	14,956	12,791	7,043	8,009	11,353
Total Liabilities	6,089,333	6,093,989	5,875,166	5,811,127	4,694,184	4,269,404
Common Stock	57,894	57,894	57,894	57,894	57,894	57,894
Additional Paid-In Capital	113,713	113,713	113,713	113,713	113,713	113,713
Retained Earnings	1,784,637	1,599,832	1,415,927	1,229,630	1,397,948	1,384,803
Comprehensive Income & Other	494,063	495,661	500,932	260,969	253,624	247,325
Total Common Equity	2,450,307	2,267,100	2,088,466	1,662,207	1,823,179	1,803,735
Minority Interest	-	1,149	4,778	4,796	-	-
Shareholders' Equity	2,450,307	2,268,249	2,093,244	1,667,003	1,823,179	1,803,735
Total Liabilities & Equity	8,539,640	8,362,238	7,968,409	7,478,130	6,517,362	6,073,139
Total Debt	4,260,235	4,332,949	4,101,899	3,580,173	3,005,089	2,859,342
Net Cash (Debt)	-4,007,206	-4,323,560	-4,085,576	-3,538,232	-2,985,993	-2,827,557
Net Cash Per Share	-346082.95	-373404.89	-352851.42	-305579.92	-257885.78	-244202.35
Filing Date Shares Outstanding	11.58	11.58	11.58	11.58	11.58	11.58
Total Common Shares Outstanding	11.58	11.58	11.58	11.58	11.58	11.58
Working Capital	-629,446	-641,538	-1,128,651	-876,599	-803,141	-337,032
Book Value Per Share	211621.18	195798.45	180370.65	143556.73	157459.12	155779.83
Tangible Book Value	2,390,688	2,205,301	2,018,655	1,585,291	1,743,099	1,721,444
Tangible Book Value Per Share	206472.12	190461.16	174341.48	136913.87	150542.98	148672.76
Land	1,053,312	1,053,808	1,052,708	1,052,884	1,029,015	1,029,015
Buildings	937,808	1,341,971	1,182,616	1,145,155	1,059,110	1,008,306
Machinery	4,147,954	7,795,063	7,354,825	6,880,121	6,383,195	6,055,470
Construction In Progress	384,184	690,455	685,430	580,628	428,115	317,938

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.