Shinhan Alpha REIT Co., Ltd. (KRX:293940)

Shinhan Alpha REIT Balance Sheet

Financials in millions KRW. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Mar 31, 2025	Sep 30, 2024	Mar 31, 2024	Sep 30, 2023
Cash & Equivalents	98,998	93,053	45,365	102,038	110,765
Short-Term Investments	4,072	4,953	3,136	1,593	123.32
Cash & Short-Term Investments	103,070	98,007	48,501	103,631	110,889
Cash Growth	5.17%	102.07%	-53.20%	-6.54%	127.27%
Accounts Receivable	-	-	5.58	22.16	32.93
Other Receivables	1,203	1,353	1,499	1,590	1,776
Receivables	1,203	1,353	1,504	1,612	1,809
Prepaid Expenses	1,393	740.26	768.04	659.54	1,441
Other Current Assets	255.95	403.96	350.12	396.6	237.97
Total Current Assets	105,922	100,504	51,123	106,299	114,377
Long-Term Investments	35,167	36,872	30,303	30,373	29,390
Other Long-Term Assets	3,003,829	2,524,794	2,077,376	1,867,621	1,681,656
Total Assets	3,144,917	2,662,170	2,158,802	2,004,293	1,825,423
Accrued Expenses	6,637	6,405	4,543	4,566	3,477
Short-Term Debt	170,000	-	71,500	-	-
Current Portion of Long-Term Debt	918,413	497,624	317,069	-	102,500
Current Portion of Leases	-	-	10.99	27.28	32.34
Current Unearned Revenue	2,352	2,068	1,947	1,605	-
Other Current Liabilities	28,677	15,578	12,652	12,897	11,709
Total Current Liabilities	1,126,079	521,675	407,722	19,096	117,718
Long-Term Debt	1,142,158	1,249,561	1,150,562	1,336,099	1,053,121
Long-Term Leases	-	-	-	-	10.99
Long-Term Unearned Revenue	3,342	3,503	3,741	3,429	3,521
Other Long-Term Liabilities	59,399	59,590	56,688	50,479	45,826
Total Liabilities	2,330,979	1,834,329	1,618,713	1,409,103	1,220,197
Common Stock	120,940	120,940	88,100	88,100	88,100
Additional Paid-In Capital	593,235	593,235	441,908	441,908	441,908
Retained Earnings	-82,262	-66,443	-52,921	2,175	12,418
Comprehensive Income & Other	-535.21	-535.21	-535.21	-535.21	-742.34
Total Common Equity	631,379	647,197	476,551	531,648	541,684
Minority Interest	178,560	176,644	59,537	59,541	59,541
Shareholders' Equity	813,938	827,841	540,088	595,190	605,225
Total Liabilities & Equity	3,144,917	2,662,170	2,158,802	2,004,293	1,825,423
Total Debt	2,230,571	1,747,184	1,539,142	1,336,126	1,155,665
Net Cash (Debt)	-2,127,501	-1,649,178	-1,490,641	-1,232,496	-1,044,776
Net Cash Per Share	-17591.36	-11966.54	-16919.86	-13989.72	-11903.55
Filing Date Shares Outstanding	120.94	120.94	88.1	88.1	87.77
Total Common Shares Outstanding	120.94	120.94	88.1	88.1	87.77
Working Capital	-1,020,158	-421,171	-356,599	87,203	-3,341
Book Value Per Share	5220.59	5351.38	5409.20	6034.59	6171.63
Tangible Book Value	631,379	647,197	476,551	531,648	541,684
Tangible Book Value Per Share	5220.59	5351.38	5409.20	6034.59	6171.63

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.