Miwon Specialty Chemical 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	64,995	58,960	68,626	99,335	42,053	60,538
Short-Term Investments	80,000	74,000	50,000	0	-	-
Cash & Short-Term Investments	144,995	132,960	118,626	99,335	42,053	60,538
Cash Growth	17.36%	12.08%	19.42%	136.22%	-30.54%	-24.25%
Accounts Receivable	123,233	103,623	92,074	76,909	115,295	95,861
Other Receivables	9,989	9,206	9,235	6,673	8,457	10,066
Receivables	134,306	113,769	102,458	86,087	127,606	109,168
Inventory	104,092	103,076	116,355	97,560	127,201	120,598
Prepaid Expenses	1,620	1,547	1,501	1,524	879.25	1,559
Other Current Assets	465.95	4.92	338.19	635.1	110.28	662.1
Total Current Assets	385,478	351,357	339,278	285,140	297,849	292,525
Property, Plant & Equipment	180,172	173,041	155,395	159,365	162,750	128,978
Long-Term Investments	8,661	8,184	7,186	8,272	8,676	10,950
Other Intangible Assets	1,940	1,399	1,400	1,397	1,465	1,694
Long-Term Deferred Tax Assets	11,733	11,521	6,438	3,659	2,415	1,405
Other Long-Term Assets	1,340	1,339	132.79	315.47	482.56	420.36
Total Assets	591,820	549,237	512,102	461,188	475,734	438,129
Accounts Payable	26,640	9,759	13,906	17,426	19,852	30,195
Accrued Expenses	7,976	7,793	7,839	6,803	7,651	5,262
Short-Term Debt	36,146	34,837	34,818	32,072	36,408	21,666
Current Portion of Long-Term Debt	-	-	-	-	-	5,000
Current Portion of Leases	531.3	704.96	-	698.81	687.94	-
Current Income Taxes Payable	6,121	9,043	15,759	5,485	9,506	22,425
Other Current Liabilities	26,048	10,122	10,169	8,541	8,776	12,464
Total Current Liabilities	103,463	72,260	82,492	71,026	82,881	97,012
Long-Term Leases	-	-	-	-	698.81	-
Pension & Post-Retirement Benefits	27,395	26,451	22,584	16,421	12,808	14,102
Other Long-Term Liabilities	1,931	2,028	684.44	685.61	490.12	493.45
Total Liabilities	132,789	100,739	105,760	88,132	96,878	111,608
Common Stock	2,634	2,634	2,634	2,634	2,634	2,634
Additional Paid-In Capital	165,414	170,572	170,572	170,572	170,646	170,645
Retained Earnings	316,101	300,018	252,656	211,923	220,181	164,476
Treasury Stock	-26,354	-24,780	-18,331	-11,011	-13,865	-11,366
Comprehensive Income & Other	1,235	55.31	-1,188	-1,061	-740.01	132.65
Shareholders' Equity	459,031	448,498	406,342	373,056	378,856	326,521
Total Liabilities & Equity	591,820	549,237	512,102	461,188	475,734	438,129
Total Debt	36,678	35,542	34,818	32,771	37,795	26,666
Net Cash (Debt)	108,317	97,418	83,808	66,564	4,258	33,872
Net Cash Growth	24.89%	16.24%	25.91%	1463.22%	-87.43%	-49.26%
Net Cash Per Share	22422.32	20121.83	17145.92	13446.20	849.48	6738.99
Filing Date Shares Outstanding	4.82	4.83	4.87	4.92	5.01	5.02
Total Common Shares Outstanding	4.82	4.83	4.87	4.92	5.01	5.02
Working Capital	282,015	279,097	256,786	214,115	214,968	195,513
Book Value Per Share	95270.02	92933.71	83441.06	75776.50	75680.35	65108.85
Tangible Book Value	457,091	447,099	404,942	371,659	377,391	324,827
Tangible Book Value Per Share	94867.37	92643.78	83153.54	75492.71	75387.67	64771.07
Land	33,666	33,691	35,680	35,347	19,024	18,838
Buildings	82,254	80,869	79,315	73,353	70,564	42,885
Machinery	260,940	256,627	250,340	236,042	181,343	159,797
Construction In Progress	53,597	44,868	9,191	6,903	56,124	54,298