Visang Education Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	43,895	25,655	22,955	11,351	25,210
Trading Asset Securities	272.97	9.93	9.88	9.83	9.81
Cash & Short-Term Investments	44,168	25,665	22,965	11,361	25,219
Cash Growth	72.10%	11.76%	102.14%	-54.95%	-4.87%
Accounts Receivable	83,245	72,778	77,517	78,120	68,535
Other Receivables	179.92	200.86	262.68	388.26	268.2
Receivables	83,595	73,463	78,260	78,933	69,180
Inventory	22,962	25,422	31,717	42,300	20,018
Prepaid Expenses	3,942	4,396	6,058	5,464	4,091
Other Current Assets	1,821	2,856	3,840	2,243	1,078
Total Current Assets	156,487	131,801	142,839	140,301	119,587
Property, Plant & Equipment	115,421	120,464	162,414	115,547	86,789
Long-Term Investments	5,966	3,807	6,266	6,077	7,028
Goodwill	-	-	-	-	2,007
Other Intangible Assets	4,735	5,540	13,972	4,936	4,291
Long-Term Accounts Receivable	746.96	1,122	2,561	3,086	4,057
Long-Term Deferred Tax Assets	11,827	13,702	10,961	6,729	8,063
Long-Term Deferred Charges	23,345	21,224	3,625	11,997	19,278
Other Long-Term Assets	78,689	88,469	17,013	17,416	17,782
Total Assets	399,442	388,228	362,621	309,226	271,515
Accounts Payable	9,715	9,236	7,168	23,346	10,600
Accrued Expenses	12,634	12,083	14,254	10,713	10,146
Short-Term Debt	40,000	50,000	55,499	9,000	5,000
Current Portion of Long-Term Debt	99,480	-	62,571	-	6,200
Current Portion of Leases	339.58	522.44	654.96	1,104	1,220
Current Income Taxes Payable	667.37	72.13	1,371	412.23	1,543
Other Current Liabilities	31,724	35,038	37,709	38,986	32,777
Total Current Liabilities	194,560	106,952	179,228	83,562	67,486
Long-Term Debt	-	99,480	-	25,452	-
Long-Term Leases	585.84	780.37	218.67	586.69	1,382
Pension & Post-Retirement Benefits	-	-	-	-	445.98
Other Long-Term Liabilities	4,537	3,317	1,986	2,416	2,264
Total Liabilities	199,682	210,529	181,433	112,016	71,578
Common Stock	6,498	6,498	6,498	6,498	6,498
Additional Paid-In Capital	57,989	57,989	57,989	57,989	57,989
Retained Earnings	152,945	130,724	134,258	150,275	152,925
Treasury Stock	-12,792	-12,792	-12,792	-12,792	-12,792
Comprehensive Income & Other	-4,881	-4,720	-4,765	-4,761	-4,721
Total Common Equity	199,760	177,699	181,189	197,210	199,900
Minority Interest	-	-	-	-	37.28
Shareholders' Equity	199,760	177,699	181,189	197,210	199,937
Total Liabilities & Equity	399,442	388,228	362,621	309,226	271,515
Total Debt	140,405	150,783	118,944	36,142	13,801
Net Cash (Debt)	-96,238	-125,118	-95,979	-24,781	11,418
Net Cash Growth	-	-	-	-	-16.86%
Net Cash Per Share	-7856.18	-10193.24	-7834.04	-2022.72	931.97
Filing Date Shares Outstanding	12.25	12.25	12.25	12.25	12.25
Total Common Shares Outstanding	12.25	12.25	12.25	12.25	12.25
Working Capital	-38,073	24,849	-36,388	56,739	52,101
Book Value Per Share	16313.16	14504.24	14789.09	16096.79	16316.31
Tangible Book Value	195,025	172,159	167,217	192,274	193,602
Tangible Book Value Per Share	15926.51	14052.05	13648.70	15693.92	15802.25
Land	32,619	24,143	44,730	44,730	42,980
Buildings	84,637	86,775	32,758	32,758	29,394
Machinery	9,067	10,026	11,340	11,923	10,198
Construction In Progress	247.56	7,707	95,870	43,374	16,658

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