Fine besteel. 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
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
Cash & Equivalents	2,500	7,855	6,100	3,530	4,492
Short-Term Investments	277.82	194.15	1.9	1,882	305.92
Cash & Short-Term Investments	2,777	8,049	6,102	5,412	4,798
Cash Growth	-45.34%	31.92%	12.75%	12.80%	-
Accounts Receivable	17,890	18,440	17,508	26,742	24,913
Other Receivables	3,458	364.31	2,006	119.45	62.17
Receivables	21,348	20,004	19,513	32,044	24,975
Inventory	34,656	32,099	16,715	32,576	45,441
Prepaid Expenses	52.71	1,730	64.44	2,168	3,010
Other Current Assets	8,904	281.55	1,079	582.53	723.04
Total Current Assets	67,737	62,164	43,474	72,783	78,947
Property, Plant & Equipment	88,225	89,708	77,558	83,235	88,541
Long-Term Investments	2,258	3,116	5,031	5,111	223.05
Goodwill	5,077	5,077	7,033	8,787	-
Other Intangible Assets	2,251	2,425	3,094	3,786	183.96
Long-Term Accounts Receivable	0	0	-0	-0	0
Long-Term Deferred Tax Assets	-	-	4,254	4,038	2,459
Other Long-Term Assets	8,836	9,127	11,928	12,556	9,269
Total Assets	174,384	171,617	152,373	190,296	179,623
Accounts Payable	27,325	20,332	12,259	14,209	17,395
Accrued Expenses	1,994	1,885	1,596	1,787	1,137
Short-Term Debt	74,265	77,521	85,713	91,180	72,985
Current Portion of Long-Term Debt	3,025	3,040	657.88	692.71	917.75
Current Portion of Leases	138.85	193.27	462.16	402.67	129.82
Other Current Liabilities	4,224	3,948	11,018	11,300	6,209
Total Current Liabilities	110,973	106,919	111,705	119,571	98,774
Long-Term Debt	4,092	4,626	798	742.88	-
Long-Term Leases	97.64	105.23	287.98	307.76	300.81
Pension & Post-Retirement Benefits	5,450	5,383	4,899	3,484	1,935
Long-Term Deferred Tax Liabilities	2,319	2,338	629.51	773.13	-
Other Long-Term Liabilities	480.7	480.7	460.37	426.82	350.67
Total Liabilities	123,412	119,852	118,780	125,305	101,360
Common Stock	19,832	19,832	16,688	16,234	16,166
Additional Paid-In Capital	68,215	68,188	62,303	61,458	61,209
Retained Earnings	-49,595	-49,806	-44,847	-16,510	918.27
Comprehensive Income & Other	11,551	12,120	-1,102	-73.04	-30.26
Total Common Equity	50,003	50,334	33,042	61,109	78,263
Minority Interest	969.56	1,431	551.23	3,881	-
Shareholders' Equity	50,972	51,765	33,593	64,991	78,263
Total Liabilities & Equity	174,384	171,617	152,373	190,296	179,623
Total Debt	81,618	85,486	87,919	93,326	74,334
Net Cash (Debt)	-78,841	-77,436	-81,817	-87,914	-69,536
Net Cash Per Share	-2347.27	-2387.15	-2671.50	-2943.34	-2341.67
Filing Date Shares Outstanding	35.17	37.11	30.83	29.92	29.78
Total Common Shares Outstanding	35.17	37.11	30.83	29.92	29.78
Working Capital	-43,236	-44,756	-68,232	-46,788	-19,827
Book Value Per Share	1421.66	1356.18	1071.88	2042.56	2627.87
Tangible Book Value	42,675	42,832	22,914	48,537	78,079
Tangible Book Value Per Share	1213.31	1154.04	743.34	1622.32	2621.69
Land	48,770	48,770	29,391	28,835	28,835
Buildings	14,709	26,482	37,897	37,657	37,656
Machinery	19,623	116,094	116,740	116,061	113,791
Construction In Progress	4,809	4,809	4,999	4,676	4,654