Hwaseung Enterprise 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	123,461	113,514	115,714	121,287	183,440	173,227
Short-Term Investments	15,308	14,637	25,046	43,687	60,665	12,743
Cash & Short-Term Investments	138,768	128,150	140,760	164,974	244,105	185,970
Cash Growth	60.92%	-8.96%	-14.68%	-32.42%	31.26%	-26.67%
Accounts Receivable	123,704	94,586	183,839	106,811	109,553	122,829
Other Receivables	16,530	18,322	22,195	22,028	17,999	21,565
Receivables	202,232	168,857	266,947	181,306	160,311	170,766
Inventory	271,187	255,750	282,141	262,994	293,837	300,697
Prepaid Expenses	45,301	41,979	40,417	24,938	21,567	16,553
Other Current Assets	10,282	7,122	16,839	12,351	37,546	23,634
Total Current Assets	667,769	601,858	747,104	646,562	757,367	697,621
Property, Plant & Equipment	663,994	631,520	702,412	642,846	649,832	577,152
Long-Term Investments	10,009	10,652	10,008	9,133	9,049	8,940
Goodwill	-	947.24	947.24	947.24	947.24	947.24
Other Intangible Assets	40,107	39,622	40,678	40,297	41,081	30,752
Long-Term Deferred Tax Assets	10,110	9,755	8,689	5,946	5,329	3,971
Other Long-Term Assets	28,983	27,086	27,765	14,837	12,226	10,874
Total Assets	1,420,971	1,321,441	1,537,604	1,360,570	1,475,832	1,330,258
Accounts Payable	193,856	179,143	227,627	144,505	162,093	191,277
Accrued Expenses	14,136	16,821	21,023	15,157	12,242	13,401
Short-Term Debt	607,224	524,630	578,521	457,069	491,372	388,494
Current Portion of Long-Term Debt	48,088	48,643	43,727	67,616	65,178	50,711
Current Portion of Leases	8,956	3,754	9,417	3,546	7,438	3,969
Current Income Taxes Payable	4,541	4,452	3,259	1,455	5,265	5,579
Other Current Liabilities	8,804	13,017	16,250	29,439	34,501	41,948
Total Current Liabilities	885,605	790,460	899,824	718,786	778,090	695,379
Long-Term Debt	12,170	15,348	26,460	39,119	60,493	36,541
Long-Term Leases	27,533	22,970	26,867	26,290	29,408	29,403
Pension & Post-Retirement Benefits	13,170	11,915	11,087	8,775	7,792	10,106
Long-Term Deferred Tax Liabilities	8,392	8,348	8,475	7,226	7,861	6,194
Other Long-Term Liabilities	999.94	1,095	1,142	989.82	1,004	2,215
Total Liabilities	947,869	850,137	973,855	801,186	884,649	779,839
Common Stock	30,295	30,295	30,295	30,295	30,295	30,285
Additional Paid-In Capital	120,081	119,560	128,772	169,228	169,754	165,706
Retained Earnings	154,552	168,244	200,444	140,213	169,201	179,188
Comprehensive Income & Other	157,342	143,628	164,723	174,369	168,197	161,338
Total Common Equity	462,269	461,727	524,233	514,105	537,447	536,516
Minority Interest	10,833	9,577	39,517	45,279	53,736	13,903
Shareholders' Equity	473,102	471,304	563,750	559,384	591,183	550,420
Total Liabilities & Equity	1,420,971	1,321,441	1,537,604	1,360,570	1,475,832	1,330,258
Total Debt	703,971	615,346	684,992	593,639	653,890	509,118
Net Cash (Debt)	-565,202	-487,195	-544,232	-428,665	-409,785	-323,148
Net Cash Per Share	-9362.02	-6336.47	-7550.00	-6199.04	-5939.30	-4662.84
Filing Date Shares Outstanding	60.47	60.59	60.59	60.59	60.59	60.57
Total Common Shares Outstanding	60.47	60.59	60.59	60.59	60.59	60.57
Working Capital	-217,835	-188,602	-152,720	-72,224	-20,724	2,242
Book Value Per Share	7644.13	7620.60	8652.24	8485.07	8870.33	8857.67
Tangible Book Value	422,162	421,158	482,608	472,860	495,419	504,817
Tangible Book Value Per Share	6980.93	6951.03	7965.23	7804.35	8176.67	8334.33
Buildings	-	397,852	408,870	281,914	258,995	236,987
Machinery	-	638,441	646,648	561,934	560,272	503,832
Construction In Progress	-	954.38	5,200	84,242	81,331	26,356