Hanwha Systems 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	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	492,568	325,484	199,843	476,089	1,228,218	1,636,831
Short-Term Investments	37,856	44,660	121,126	32,274	21,389	26,672
Cash & Short-Term Investments	530,423	370,143	320,969	508,363	1,249,606	1,663,503
Cash Growth	58.24%	15.32%	-36.86%	-59.32%	-24.88%	201.38%
Accounts Receivable	357,143	449,518	308,677	200,424	198,029	176,625
Other Receivables	1,803	2,796	4,038	3,817	13,565	5,225
Receivables	480,288	567,558	312,771	204,241	212,813	181,850
Inventory	921,860	810,743	610,096	501,085	372,963	406,045
Prepaid Expenses	43,931	19,138	19,103	12,720	16,771	11,989
Other Current Assets	1,181,107	1,160,948	1,007,172	663,731	462,740	412,723
Total Current Assets	3,157,609	2,928,530	2,270,111	1,890,140	2,314,893	2,676,109
Property, Plant & Equipment	1,059,630	1,014,069	838,754	465,428	375,008	357,975
Long-Term Investments	5,833,273	5,619,955	1,888,186	1,465,413	578,643	200,775
Goodwill	478,777	470,770	474,350	324,398	324,398	324,462
Other Intangible Assets	85,672	87,590	89,915	61,364	63,352	71,728
Long-Term Accounts Receivable	-	-	-	-	-	742.39
Long-Term Deferred Tax Assets	20,514	16,579	41,589	77,888	87,387	81,720
Long-Term Deferred Charges	144,909	151,396	169,683	173,161	170,084	165,973
Other Long-Term Assets	35,015	32,920	34,581	21,463	27,817	10,276
Total Assets	10,820,664	10,327,266	5,810,354	4,483,211	3,945,628	3,894,303

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
Accounts Payable	208,876	253,157	154,025	163,091	117,842	85,134
Accrued Expenses	184,887	223,219	166,266	64,299	50,902	48,059
Short-Term Debt	446,742	301,292	30,000	132,343	80,000	-
Current Portion of Long-Term Debt	99,966	99,918	49,955	29,992	-	29,986
Current Portion of Leases	23,632	22,024	29,265	28,789	23,464	22,567
Current Income Taxes Payable	23,530	34,759	37,319	18,458	14,840	15,312
Other Current Liabilities	2,526,638	2,400,490	2,210,221	1,514,443	1,331,480	1,162,105
Total Current Liabilities	3,514,271	3,334,860	2,677,051	1,951,415	1,618,528	1,363,163
Long-Term Debt	1,306,257	1,073,226	249,277	49,899	29,976	29,959
Long-Term Leases	107,979	113,435	114,697	89,060	75,208	76,876
Pension & Post-Retirement Benefits	150,019	151,006	207,330	206,770	180,295	160,419
Long-Term Deferred Tax Liabilities	603,413	579,071	57,748	-	7.04	-
Other Long-Term Liabilities	95,933	74,669	48,454	31,941	22,661	24,123
Total Liabilities	5,777,874	5,326,266	3,354,558	2,329,085	1,926,676	1,654,541

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
Common Stock	944,597	944,597	944,597	944,597	944,597	944,597
Additional Paid-In Capital	1,124,167	1,122,977	1,092,001	1,100,087	1,085,520	1,084,939
Retained Earnings	560,212	708,709	589,292	212,472	116,925	224,730
Treasury Stock	-34,121	-34,121	-34,121	-34,121	-34,121	-34,121
Comprehensive Income & Other	2,349,041	2,107,067	-101,714	-83,217	-112,582	2,354
Total Common Equity	4,943,896	4,849,229	2,490,055	2,139,818	2,000,339	2,222,498
Minority Interest	98,894	151,770	-34,258	14,308	18,613	17,263
Shareholders' Equity	5,042,790	5,000,999	2,455,797	2,154,126	2,018,952	2,239,761
Total Liabilities & Equity	10,820,664	10,327,266	5,810,354	4,483,211	3,945,628	3,894,303

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
Total Debt	1,984,576	1,609,895	473,194	330,083	208,648	159,388
Net Cash (Debt)	-1,454,153	-1,239,752	-152,225	178,279	1,040,958	1,504,114
Net Cash Growth	-	-	-	-82.87%	-30.79%	309.33%
Net Cash Per Share	-7732.55	-6597.42	-811.20	951.63	5560.62	9869.38
Filing Date Shares Outstanding	186.99	186.99	186.99	186.99	186.99	186.99
Total Common Shares Outstanding	186.99	186.99	186.99	186.99	186.99	186.99
Working Capital	-356,662	-406,330	-406,940	-61,275	696,365	1,312,946
Book Value Per Share	26438.90	25932.64	13316.28	11443.29	10697.39	11885.44
Tangible Book Value	4,379,447	4,290,870	1,925,790	1,754,056	1,612,589	1,826,309
Tangible Book Value Per Share	23420.34	22946.65	10298.71	9380.32	8623.78	9766.71
Land	74,861	74,670	70,541	68,057	27,138	25,576
Buildings	438,170	540,005	262,742	110,908	102,509	88,040
Machinery	285,183	990,543	909,223	662,758	612,630	548,961
Construction In Progress	71,627	39,788	162,753	54,973	18,679	46,289