Hwaseung Enterprise Co., Ltd. (KRX:241590)

Hwaseung Enterprise Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	95,755	115,714	121,287	183,440	173,227	246,018
Short-Term Investments	21,825	25,046	43,687	60,665	12,743	7,584
Cash & Short-Term Investments	117,580	140,760	164,974	244,105	185,970	253,601
Cash Growth	11.47%	-14.68%	-32.42%	31.26%	-26.67%	220.01%
Accounts Receivable	123,059	183,839	106,811	109,553	122,829	112,774
Other Receivables	11,444	22,195	22,028	17,999	21,565	9,645
Receivables	195,000	266,947	181,306	160,311	170,766	136,996
Inventory	240,105	282,141	262,994	293,837	300,697	226,672
Prepaid Expenses	41,907	40,417	24,938	21,567	16,553	10,609
Other Current Assets	16,880	16,839	12,351	37,546	23,634	5,105
Total Current Assets	611,472	747,104	646,562	757,367	697,621	632,983
Property, Plant & Equipment	642,049	702,412	642,846	649,832	577,152	470,610
Long-Term Investments	9,543	10,008	9,133	9,049	8,940	7,094
Goodwill	-	947.24	947.24	947.24	947.24	2,213
Other Intangible Assets	41,062	40,678	40,297	41,081	30,752	29,296
Long-Term Deferred Tax Assets	7,941	8,689	5,946	5,329	3,971	2,682
Other Long-Term Assets	26,359	27,765	14,837	12,226	10,874	10,080
Total Assets	1,338,425	1,537,604	1,360,570	1,475,832	1,330,258	1,154,956
Accounts Payable	171,231	227,627	144,505	162,093	191,277	158,525
Accrued Expenses	17,940	21,023	15,157	12,242	13,401	10,706
Short-Term Debt	528,778	578,521	457,069	491,372	388,494	284,081
Current Portion of Long-Term Debt	42,248	43,727	67,616	65,178	50,711	58,620
Current Portion of Leases	6,307	9,417	3,546	7,438	3,969	5,544
Current Income Taxes Payable	3,098	3,259	1,455	5,265	5,579	5,745
Other Current Liabilities	9,540	16,250	29,439	34,501	41,948	37,315
Total Current Liabilities	779,141	899,824	718,786	778,090	695,379	560,535
Long-Term Debt	15,835	26,460	39,119	60,493	36,541	28,589
Long-Term Leases	23,055	26,867	26,290	29,408	29,403	15,377
Long-Term Deferred Tax Liabilities	8,386	8,475	7,226	7,861	6,194	5,310
Other Long-Term Liabilities	1,007	1,142	989.82	1,004	2,215	390.57
Total Liabilities	839,438	973,855	801,186	884,649	779,839	617,495
Common Stock	30,295	30,295	30,295	30,295	30,285	30,268
Additional Paid-In Capital	129,852	128,772	169,228	169,754	165,706	166,538
Retained Earnings	186,430	200,444	140,213	169,201	179,188	188,823
Comprehensive Income & Other	134,426	164,723	174,369	168,197	161,338	132,208
Total Common Equity	481,002	524,233	514,105	537,447	536,516	517,837
Minority Interest	17,985	39,517	45,279	53,736	13,903	19,624
Shareholders' Equity	498,987	563,750	559,384	591,183	550,420	537,461
Total Liabilities & Equity	1,338,425	1,537,604	1,360,570	1,475,832	1,330,258	1,154,956
Total Debt	616,223	684,992	593,639	653,890	509,118	392,211
Net Cash (Debt)	-498,643	-544,232	-428,665	-409,785	-323,148	-138,610
Net Cash Per Share	-6737.02	-7550.00	-6199.04	-5939.30	-4662.84	-2056.25
Filing Date Shares Outstanding	60.59	60.59	60.59	60.59	60.57	60.54
Total Common Shares Outstanding	60.59	60.59	60.59	60.59	60.57	60.54
Working Capital	-167,669	-152,720	-72,224	-20,724	2,242	72,448
Book Value Per Share	7938.73	8652.24	8485.07	8870.33	8857.67	8554.11
Tangible Book Value	439,940	482,608	472,860	495,419	504,817	486,329
Tangible Book Value Per Share	7261.03	7965.23	7804.35	8176.67	8334.33	8033.62
Buildings	-	408,870	281,914	258,995	236,987	190,510
Machinery	-	646,648	561,934	560,272	503,832	407,137
Construction In Progress	-	5,200	84,242	81,331	26,356	12,706

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.