Hojeon 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	28,776	39,869	19,010	20,314	18,922	17,932
Short-Term Investments	-	28,649	29,145	31,888	31,557	25,533
Cash & Short-Term Investments	58,445	68,518	48,155	52,203	50,479	43,465
Cash Growth	26.54%	42.29%	-7.75%	3.42%	16.14%	15.63%
Accounts Receivable	66,759	62,309	58,733	51,431	38,478	39,733
Other Receivables	4,545	5,458	5,846	4,628	3,640	3,323
Receivables	72,056	68,465	65,293	56,058	42,620	43,074
Inventory	134,601	101,230	113,404	70,036	95,143	103,754
Prepaid Expenses	4,630	1,085	1,529	1,030	1,012	817.95
Other Current Assets	6,409	5,222	3,150	4,584	5,592	3,287
Total Current Assets	276,140	244,521	231,531	183,911	194,844	194,398
Property, Plant & Equipment	132,168	125,632	124,514	96,395	89,571	76,740
Long-Term Investments	7,373	7,373	5,704	4,556	4,375	4,249
Other Intangible Assets	32,860	31,446	25,570	20,495	19,064	18,003
Long-Term Deferred Tax Assets	3,937	3,700	3,847	5,410	3,728	3,822
Other Long-Term Assets	2,635	2,533	2,852	2,719	2,072	4,695
Total Assets	456,445	416,501	396,032	315,986	316,098	302,688
Accounts Payable	23,402	21,685	22,254	11,614	17,424	17,162
Accrued Expenses	-	9,056	8,325	6,670	6,583	5,849
Short-Term Debt	175,477	128,063	136,619	89,441	71,382	79,163
Current Portion of Long-Term Debt	14,116	13,556	14,319	29,241	32,088	11,811
Current Portion of Leases	475.64	618.5	624.13	787.87	753.72	331.08
Current Income Taxes Payable	1,869	1,364	6,625	2,546	7,901	5,887
Other Current Liabilities	9.88	5,880	6,833	4,694	11,969	12,631
Total Current Liabilities	215,350	180,223	195,600	144,993	148,100	132,833
Long-Term Debt	34,162	32,727	6,602	4,367	18,101	32,200
Long-Term Leases	751.35	719.65	643.81	913.17	1,126	420.49
Pension & Post-Retirement Benefits	19,569	17,869	14,470	12,236	11,522	14,537
Long-Term Deferred Tax Liabilities	111.72	127.22	1,147	1,154	1,099	551.91
Other Long-Term Liabilities	174.6	142.75	87.75	632.29	634.34	2,069
Total Liabilities	270,119	231,808	218,551	164,296	180,583	182,612
Common Stock	5,854	5,854	5,854	5,854	5,854	5,694
Additional Paid-In Capital	52,104	52,167	72,354	73,566	76,278	74,647
Retained Earnings	156,580	159,227	135,860	114,910	100,869	88,500
Treasury Stock	-8,175	-8,175	-9,991	-6,995	-6,995	-20,007
Comprehensive Income & Other	-21,225	-25,694	-26,910	-36,911	-41,753	-29,072
Total Common Equity	185,138	183,380	177,167	150,424	134,252	119,761
Minority Interest	1,188	1,313	313.88	1,266	1,263	315
Shareholders' Equity	186,326	184,693	177,481	151,690	135,515	120,076
Total Liabilities & Equity	456,445	416,501	396,032	315,986	316,098	302,688
Total Debt	224,982	175,684	158,808	124,750	123,452	123,925
Net Cash (Debt)	-166,537	-107,166	-110,653	-72,547	-72,973	-80,461
Net Cash Per Share	-17975.35	-11433.55	-10934.34	-6120.79	-5680.58	-7125.48
Filing Date Shares Outstanding	8.58	8.57	8.88	9.25	9.25	8.93
Total Common Shares Outstanding	8.58	8.57	8.88	9.25	9.25	8.93
Working Capital	60,790	64,298	35,930	38,918	46,744	61,565
Book Value Per Share	21589.49	21401.53	19954.59	16257.65	14509.78	13408.07
Tangible Book Value	152,278	151,934	151,598	129,930	115,188	101,758
Tangible Book Value Per Share	17757.57	17731.63	17074.63	14042.62	12449.36	11392.50
Land	7,875	7,875	7,456	6,547	3,963	4,099
Buildings	97,117	90,831	84,933	74,434	62,948	55,794
Machinery	93,254	88,059	83,307	66,363	62,197	55,999
Construction In Progress	12,014	11,324	15,005	1,091	7,806	1,637