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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	77,059	115,714	121,287	183,440	173,227	246,018
Short-Term Investments	13,527	25,046	43,687	60,665	12,743	7,584
Cash & Short-Term Investments	90,586	140,760	164,974	244,105	185,970	253,601
Cash Growth	-35.94%	-14.68%	-32.42%	31.26%	-26.67%	220.01%
Accounts Receivable	124,081	183,839	106,811	109,553	122,829	112,774
Other Receivables	16,192	22,195	22,028	17,999	21,565	9,645
Receivables	199,589	266,947	181,306	160,311	170,766	136,996
Inventory	278,228	282,141	262,994	293,837	300,697	226,672
Prepaid Expenses	49,661	40,417	24,938	21,567	16,553	10,609
Other Current Assets	8,158	16,839	12,351	37,546	23,634	5,105
Total Current Assets	626,223	747,104	646,562	757,367	697,621	632,983
Property, Plant & Equipment	647,113	702,412	642,846	649,832	577,152	470,610
Long-Term Investments	9,832	10,008	9,133	9,049	8,940	7,094
Goodwill	-	947.24	947.24	947.24	947.24	2,213
Other Intangible Assets	40,630	40,678	40,297	41,081	30,752	29,296
Long-Term Deferred Tax Assets	8,166	8,689	5,946	5,329	3,971	2,682
Other Long-Term Assets	26,954	27,765	14,837	12,226	10,874	10,080
Total Assets	1,358,918	1,537,604	1,360,570	1,475,832	1,330,258	1,154,956
Accounts Payable	199,102	227,627	144,505	162,093	191,277	158,525
Accrued Expenses	21,619	21,023	15,157	12,242	13,401	10,706
Short-Term Debt	539,524	578,521	457,069	491,372	388,494	284,081
Current Portion of Long-Term Debt	43,264	43,727	67,616	65,178	50,711	58,620
Current Portion of Leases	5,125	9,417	3,546	7,438	3,969	5,544
Current Income Taxes Payable	2,483	3,259	1,455	5,265	5,579	5,745
Other Current Liabilities	13,518	16,250	29,439	34,501	41,948	37,315
Total Current Liabilities	824,635	899,824	718,786	778,090	695,379	560,535
Long-Term Debt	12,979	26,460	39,119	60,493	36,541	28,589
Long-Term Leases	23,072	26,867	26,290	29,408	29,403	15,377
Pension & Post-Retirement Benefits	12,763	11,087	8,775	7,792	10,106	7,293
Long-Term Deferred Tax Liabilities	8,309	8,475	7,226	7,861	6,194	5,310
Other Long-Term Liabilities	1,016	1,142	989.82	1,004	2,215	390.57
Total Liabilities	882,773	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	119,560	128,772	169,228	169,754	165,706	166,538
Retained Earnings	180,913	200,444	140,213	169,201	179,188	188,823
Comprehensive Income & Other	136,633	164,723	174,369	168,197	161,338	132,208
Total Common Equity	467,401	524,233	514,105	537,447	536,516	517,837
Minority Interest	8,744	39,517	45,279	53,736	13,903	19,624
Shareholders' Equity	476,145	563,750	559,384	591,183	550,420	537,461
Total Liabilities & Equity	1,358,918	1,537,604	1,360,570	1,475,832	1,330,258	1,154,956
Total Debt	623,964	684,992	593,639	653,890	509,118	392,211
Net Cash (Debt)	-533,378	-544,232	-428,665	-409,785	-323,148	-138,610
Net Cash Per Share	-6333.66	-7550.00	-6199.04	-5939.30	-4662.84	-2056.25
Filing Date Shares Outstanding	60.68	60.59	60.59	60.59	60.57	60.54
Total Common Shares Outstanding	60.68	60.59	60.59	60.59	60.57	60.54
Working Capital	-198,412	-152,720	-72,224	-20,724	2,242	72,448
Book Value Per Share	7702.60	8652.24	8485.07	8870.33	8857.67	8554.11
Tangible Book Value	426,771	482,608	472,860	495,419	504,817	486,329
Tangible Book Value Per Share	7033.03	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.