Sejin Heavy Industries 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	69,548	55,054	79,542	50,752	47,137	37,669
Short-Term Investments	1.18	-	1.75	2,012	2,014	3,975
Trading Asset Securities	35,653	26,775	-	476.78	394.78	414.25
Cash & Short-Term Investments	105,202	81,829	79,544	53,240	49,546	42,058
Cash Growth	41.02%	2.87%	49.41%	7.46%	17.80%	74.55%
Accounts Receivable	21,978	36,661	35,257	24,882	27,976	28,977
Other Receivables	2,103	1,479	3,241	1,625	1,033	1,160
Receivables	24,101	38,160	50,711	29,869	29,576	31,361
Inventory	36,259	31,651	31,294	36,070	69,669	112,637
Prepaid Expenses	1,127	1,276	1,924	2,733	4,232	7,873
Other Current Assets	10,792	11,129	16,158	3,609	1,802	5,570
Total Current Assets	177,482	164,044	179,632	125,521	154,824	199,500
Property, Plant & Equipment	391,835	392,137	395,907	381,425	370,098	343,339
Long-Term Investments	31,786	30,198	19,897	15,466	9,655	8,039
Goodwill	7,754	7,754	7,754	7,754	7,754	7,754
Other Intangible Assets	5,814	5,816	5,864	5,808	5,477	5,171
Long-Term Accounts Receivable	-	-	-	-	-	16.99
Long-Term Deferred Tax Assets	10,154	9,956	10,675	6,324	3,173	5,751
Long-Term Deferred Charges	1.21	1.3	1.68	20.86	29.94	-20.72
Other Long-Term Assets	10,894	10,665	547.74	1,386	421.23	309.58
Total Assets	653,797	637,764	620,878	544,019	551,849	570,404
Accounts Payable	31,226	25,353	25,113	20,064	22,304	45,138
Accrued Expenses	15,218	14,701	22,655	14,730	2,775	2,702
Short-Term Debt	48,200	47,801	136,476	88,076	69,477	36,741
Current Portion of Long-Term Debt	84,131	79,580	86,330	100,526	123,129	91,817
Current Portion of Leases	2,692	2,711	737.48	1,269	751.68	1,420
Current Income Taxes Payable	9,461	8,488	8,325	9,241	673.26	12,209
Other Current Liabilities	29,309	21,591	27,934	13,545	26,828	51,349
Total Current Liabilities	220,238	200,225	307,570	247,451	245,938	241,375
Long-Term Debt	119,500	125,500	56,150	54,904	87,200	114,928
Long-Term Leases	3,724	4,338	1,129	1,841	2,418	2,689
Pension & Post-Retirement Benefits	6,150	5,445	4,028	5,276	2,312	3,122
Long-Term Deferred Tax Liabilities	2,277	2,286	2,080	2,608	4,329	4,519
Other Long-Term Liabilities	468.36	475.44	529.14	253.15	306.58	576.55
Total Liabilities	352,357	338,270	371,486	312,333	342,504	367,210
Common Stock	28,425	28,425	28,425	28,425	28,425	28,425
Additional Paid-In Capital	11,553	11,757	11,787	10,708	1,633	4,697
Retained Earnings	188,006	186,979	147,163	146,467	139,481	135,856
Treasury Stock	-	-	-	-7,708	-7,708	-8,012
Comprehensive Income & Other	-2,024	-1,489	-2,395	51.39	-321.58	-259.55
Total Common Equity	225,960	225,671	184,980	177,944	161,510	160,706
Minority Interest	72,680	71,023	61,612	50,942	45,035	39,688
Shareholders' Equity	301,440	299,494	249,391	231,686	209,345	203,195
Total Liabilities & Equity	653,797	637,764	620,878	544,019	551,849	570,404
Total Debt	258,247	259,930	280,822	246,617	282,976	247,594
Net Cash (Debt)	-153,044	-178,101	-201,278	-193,377	-233,430	-205,536
Net Cash Per Share	-2690.88	-3132.85	-3545.20	-3522.48	-4252.53	-3726.66
Filing Date Shares Outstanding	56.85	56.85	56.85	54.9	54.9	54.82
Total Common Shares Outstanding	56.85	56.85	56.85	54.9	54.9	54.82
Working Capital	-42,756	-36,180	-127,939	-121,930	-91,114	-41,876
Book Value Per Share	3974.85	3969.62	3253.85	3241.36	2942.02	2931.49
Tangible Book Value	212,392	212,101	171,362	164,381	148,279	147,782
Tangible Book Value Per Share	3736.18	3730.92	3014.31	2994.32	2701.01	2695.73
Land	271,043	271,043	279,036	277,487	263,549	245,696
Buildings	128,391	128,315	127,479	120,610	121,604	111,312
Machinery	86,254	86,000	83,547	69,695	66,862	64,139
Construction In Progress	8,639	6,485	2,237	1,702	3,473	3,929

Source: S&P Global Market Intelligence. Standard template. Financial Sources.