CHOSUN WELDING POHANG 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	63,338	54,094	43,985	44,175	73,731	72,022
Short-Term Investments	59,134	61,349	65,400	54,322	6,015	5,902
Trading Asset Securities	710	710	1,987	1,963	2,003	-
Cash & Short-Term Investments	123,182	116,153	111,372	100,460	81,749	77,923
Cash Growth	8.21%	4.29%	10.86%	22.89%	4.91%	-10.12%
Accounts Receivable	5,991	6,102	5,129	8,408	10,156	7,103
Other Receivables	1,049	1,489	992.94	912.3	372.68	440.24
Receivables	7,112	7,700	6,273	9,521	10,779	7,778
Inventory	15,598	16,078	17,835	12,470	18,567	17,586
Prepaid Expenses	59.29	11.6	22.67	7.51	7.53	7.09
Other Current Assets	886.81	859.38	1,142	623.34	914.13	791.44
Total Current Assets	146,839	140,801	136,644	123,082	112,016	104,086
Property, Plant & Equipment	9,035	9,419	9,727	9,788	10,034	10,608
Long-Term Investments	17,127	19,327	17,844	15,785	17,280	16,807
Other Intangible Assets	88.55	89.11	91.34	96.23	116.55	129.42
Other Long-Term Assets	1,563	1,797	1,577	2,253	2,023	1,311
Total Assets	176,828	173,665	168,293	155,538	145,133	139,549
Accounts Payable	2,589	3,395	2,903	2,815	2,984	3,877
Accrued Expenses	1,277	1,764	2,190	1,974	1,928	2,214
Current Portion of Leases	752.32	969.54	1,275	682.87	556.81	613.1
Current Income Taxes Payable	1,049	86.49	1,956	1,089	1,136	2,923
Other Current Liabilities	2,018	1,551	1,606	1,570	1,800	1,640
Total Current Liabilities	7,686	7,765	9,930	8,131	8,405	11,267
Long-Term Leases	56.39	114.51	18.8	196.59	51.92	147.24
Pension & Post-Retirement Benefits	-	-0	-0	-0	-0	552.03
Long-Term Deferred Tax Liabilities	1,426	1,375	869.82	614.6	505.67	759.62
Other Long-Term Liabilities	534.48	518.94	362.02	352.46	285.31	413.06
Total Liabilities	9,702	9,774	11,181	9,295	9,248	13,139
Common Stock	628.83	628.83	628.83	628.83	628.83	628.83
Additional Paid-In Capital	11,719	11,719	11,719	11,719	11,719	11,719
Retained Earnings	182,142	178,671	170,373	154,723	143,477	133,258
Treasury Stock	-27,501	-27,086	-25,263	-20,445	-19,570	-19,062
Comprehensive Income & Other	137.69	-41.46	-345.56	-382.04	-369.73	-134.32
Shareholders' Equity	167,126	163,891	157,112	146,243	135,885	126,410
Total Liabilities & Equity	176,828	173,665	168,293	155,538	145,133	139,549
Total Debt	808.71	1,084	1,294	879.46	608.73	760.34
Net Cash (Debt)	122,374	115,069	110,078	99,581	81,140	77,163
Net Cash Growth	8.38%	4.53%	10.54%	22.73%	5.15%	-10.76%
Net Cash Per Share	-	122403.84	112208.15	99023.33	80390.54	74882.39
Filing Date Shares Outstanding	-	0.93	0.95	1	1.01	1.01
Total Common Shares Outstanding	-	0.93	0.95	1	1.01	1.01
Working Capital	139,153	133,036	126,714	114,951	103,611	92,819
Book Value Per Share	-	176087.21	165366.54	146238.37	134668.52	124684.94
Tangible Book Value	167,037	163,802	157,021	146,147	135,769	126,280
Tangible Book Value Per Share	-	175991.47	165270.40	146142.14	134553.01	124557.29
Land	5,324	5,324	5,324	5,324	5,324	5,324
Buildings	7,852	7,852	7,852	7,852	7,832	7,803
Machinery	16,074	16,056	15,692	15,614	15,549	15,331
Construction In Progress	-	-	-	28.37	28.37	-