HD Construction Equipment Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	767,895	337,873	264,217	427,664	393,053	446,279
Short-Term Investments	-	-	-	30,946	92,287	75,285
Trading Asset Securities	84,730	25,041	40,675	-	3,000	-
Cash & Short-Term Investments	852,625	362,914	304,892	458,610	488,340	521,564
Cash Growth	172.67%	19.03%	-33.52%	-6.09%	-6.37%	-41.38%
Accounts Receivable	1,873,118	657,882	523,733	519,479	549,718	655,357
Other Receivables	276,435	65,905	62,316	60,109	66,225	64,352
Receivables	2,152,466	724,153	586,485	579,940	616,230	719,868
Inventory	2,454,496	1,084,094	1,128,696	1,059,082	1,144,713	1,013,019
Prepaid Expenses	45,916	14,647	5,721	7,091	6,514	5,986
Other Current Assets	116,236	65,767	87,052	94,440	94,820	180,661
Total Current Assets	5,621,738	2,251,576	2,112,846	2,199,162	2,350,617	2,441,098
Property, Plant & Equipment	2,449,294	986,987	936,286	847,118	785,004	745,942
Long-Term Investments	20,507	434.43	617.78	652.74	2	3,002
Goodwill	331,171	21,376	22,974	20,747	49,963	51,461
Other Intangible Assets	592,370	47,918	47,602	49,367	50,613	57,052
Long-Term Accounts Receivable	131,418	73,543	60,990	35,007	73,588	150,661
Long-Term Deferred Tax Assets	149,333	49,058	68,997	57,067	52,502	32,035
Long-Term Deferred Charges	137,813	20,388	22,575	22,569	21,593	26,937
Other Long-Term Assets	181,622	151,416	51,737	65,263	64,704	51,379
Total Assets	9,615,267	3,602,695	3,324,625	3,296,953	3,448,587	3,559,566

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	1,246,008	443,275	408,582	283,925	362,618	297,643
Accrued Expenses	223,435	87,652	71,916	57,923	45,394	42,604
Short-Term Debt	594,165	222,839	176,778	343,316	414,172	625,286
Current Portion of Long-Term Debt	383,432	148,648	160,641	88,751	291,543	224,108
Current Portion of Leases	33,308	9,790	10,746	9,600	9,800	6,509
Current Income Taxes Payable	141,333	7,949	-	19,131	27,329	24,678
Current Unearned Revenue	6,575	-	2,450	511	1,442	981
Other Current Liabilities	653,157	204,301	232,429	210,994	221,423	272,236
Total Current Liabilities	3,281,412	1,124,454	1,063,542	1,014,150	1,373,721	1,494,045
Long-Term Debt	727,563	367,956	326,839	357,443	257,488	411,798
Long-Term Leases	98,262	22,610	12,358	16,114	20,188	8,834
Pension & Post-Retirement Benefits	11,947	8,724	2,749	1,645	1,419	1,270
Long-Term Deferred Tax Liabilities	212,520	47,877	42,898	36,137	26,375	5,278
Other Long-Term Liabilities	249,917	100,778	82,409	100,390	102,109	90,533
Total Liabilities	4,581,621	1,672,399	1,530,795	1,525,880	1,781,300	2,011,758

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	246,798	93,976	94,235	98,504	98,504	98,504
Additional Paid-In Capital	3,050,806	838,537	838,537	803,150	803,413	783,186
Retained Earnings	1,021,415	693,382	655,048	605,333	502,730	408,464
Treasury Stock	-50,310	-178	-40,454	-76,121	-76,121	-40,453
Comprehensive Income & Other	627,929	179,503	110,462	145,604	134,789	77,032
Total Common Equity	4,896,637	1,805,221	1,657,828	1,576,471	1,463,316	1,326,732
Minority Interest	137,009	125,075	136,002	194,603	203,971	221,075
Shareholders' Equity	5,033,646	1,930,296	1,793,830	1,771,073	1,667,287	1,547,808
Total Liabilities & Equity	9,615,267	3,602,695	3,324,625	3,296,953	3,448,587	3,559,566

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	1,836,729	771,843	687,363	815,224	993,191	1,276,536
Net Cash (Debt)	-984,104	-408,929	-382,471	-356,615	-504,851	-754,972
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-30209.25	-23446.88	-21407.12	-19590.98	-27670.06	-39616.52
Filing Date Shares Outstanding	47.58	17.36	17.66	18.2	18.2	19.06
Total Common Shares Outstanding	47.58	17.36	17.66	18.2	18.2	19.06
Working Capital	2,340,326	1,127,122	1,049,304	1,185,012	976,897	947,053
Book Value Per Share	102911.42	104001.66	93865.25	86603.56	80387.40	69619.18
Tangible Book Value	3,973,096	1,735,927	1,587,252	1,506,357	1,362,740	1,218,220
Tangible Book Value Per Share	83501.59	100009.52	89869.25	82751.85	74862.26	63925.08
Land	1,128,051	410,879	376,563	375,153	360,498	356,154
Buildings	1,027,895	454,111	443,952	373,178	365,867	359,660
Machinery	1,043,524	259,654	247,592	230,299	233,833	232,602
Construction In Progress	70,214	24,521	79,813	69,677	24,673	4,530