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

Hwaseung Enterprise Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	111,800	121,287	183,440	173,227	246,018	71,665
Short-Term Investments	29,599	43,687	60,665	12,743	7,584	7,583
Cash & Short-Term Investments	141,399	164,974	244,105	185,970	253,601	79,248
Cash Growth	-6.54%	-32.42%	31.26%	-26.67%	220.01%	5.78%
Accounts Receivable	132,959	106,811	109,553	122,829	112,774	137,496
Other Receivables	31,996	22,028	17,999	21,565	9,645	19,895
Receivables	217,847	181,306	160,311	170,766	136,996	159,423
Inventory	291,260	262,994	293,837	300,697	226,672	218,823
Prepaid Expenses	34,324	24,938	21,567	16,553	10,609	16,131
Other Current Assets	21,678	12,351	37,546	23,634	5,105	11,020
Total Current Assets	706,507	646,562	757,367	697,621	632,983	484,646
Property, Plant & Equipment	659,110	642,846	649,832	577,152	470,610	423,570
Long-Term Investments	10,139	9,133	9,049	8,940	7,094	6,146
Goodwill	-	947.24	947.24	947.24	2,213	8,765
Other Intangible Assets	40,780	40,297	41,081	30,752	29,296	18,651
Long-Term Deferred Tax Assets	6,177	5,946	5,329	3,971	2,682	1,447
Other Long-Term Assets	20,056	14,837	12,226	10,874	10,080	35,638
Total Assets	1,442,770	1,360,570	1,475,832	1,330,258	1,154,956	978,863
Accounts Payable	214,621	144,505	162,093	191,277	158,525	187,385
Accrued Expenses	19,405	15,157	12,242	13,401	10,706	10,714
Short-Term Debt	498,289	457,069	491,372	388,494	284,081	214,943
Current Portion of Long-Term Debt	39,758	67,616	65,178	50,711	58,620	59,258
Current Portion of Leases	8,247	3,546	7,438	3,969	5,544	1,175
Current Income Taxes Payable	1,512	1,455	5,265	5,579	5,745	6,827
Other Current Liabilities	28,457	29,439	34,501	41,948	37,315	39,297
Total Current Liabilities	810,289	718,786	778,090	695,379	560,535	519,599
Long-Term Debt	46,592	39,119	60,493	36,541	28,589	65,964
Long-Term Leases	26,621	26,290	29,408	29,403	15,377	15,104
Long-Term Deferred Tax Liabilities	7,213	7,226	7,861	6,194	5,310	4,456
Other Long-Term Liabilities	1,043	989.82	1,004	2,215	390.57	382.54
Total Liabilities	902,975	801,186	884,649	779,839	617,495	611,401
Common Stock	30,295	30,295	30,295	30,285	30,268	30,268
Additional Paid-In Capital	129,281	169,228	169,754	165,706	166,538	166,538
Retained Earnings	180,646	140,213	169,201	179,188	188,823	150,429
Comprehensive Income & Other	152,767	174,369	168,197	161,338	132,208	1,366
Total Common Equity	492,989	514,105	537,447	536,516	517,837	348,601
Minority Interest	46,806	45,279	53,736	13,903	19,624	18,861
Shareholders' Equity	539,795	559,384	591,183	550,420	537,461	367,462
Total Liabilities & Equity	1,442,770	1,360,570	1,475,832	1,330,258	1,154,956	978,863
Total Debt	619,507	593,639	653,890	509,118	392,211	356,444
Net Cash (Debt)	-478,108	-428,665	-409,785	-323,148	-138,610	-277,195
Net Cash Per Share	-7619.61	-6199.94	-5939.30	-4662.84	-2056.25	-4572.71
Filing Date Shares Outstanding	60.59	60.59	60.59	60.57	60.54	60.54
Total Common Shares Outstanding	60.59	60.59	60.59	60.57	60.54	60.54
Working Capital	-103,781	-72,224	-20,724	2,242	72,448	-34,953
Book Value Per Share	8136.57	8485.07	8870.33	8857.67	8554.11	5758.51
Tangible Book Value	452,209	472,860	495,419	504,817	486,329	321,185
Tangible Book Value Per Share	7463.51	7804.35	8176.67	8334.33	8033.62	5305.63
Buildings	-	281,914	258,995	236,987	190,510	186,256
Machinery	-	561,934	560,272	503,832	407,137	405,011
Construction In Progress	-	84,242	81,331	26,356	12,706	8,586

Source: S&P Capital IQ. Standard template. Financial Sources.