Hyosung Heavy Industries Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	216,773	249,077	277,805	212,740	81,009
Short-Term Investments	32,987	13,031	11,944	11,152	10,745
Trading Asset Securities	668	474	33	-	20,015
Cash & Short-Term Investments	250,428	262,582	289,782	223,892	111,769
Cash Growth	-4.63%	-9.39%	29.43%	100.32%	83.26%
Accounts Receivable	1,558,222	1,253,394	988,861	1,039,352	822,258
Other Receivables	47,074	51,309	61,777	96,539	59,996
Receivables	1,648,026	1,433,074	1,085,871	1,140,406	886,834
Inventory	1,277,633	885,404	725,845	628,721	413,135
Prepaid Expenses	64,515	61,365	50,424	37,247	80,590
Other Current Assets	497,626	393,998	199,509	191,234	69,230
Total Current Assets	3,738,228	3,036,423	2,351,430	2,221,500	1,561,558
Property, Plant & Equipment	2,307,101	2,171,716	1,280,947	1,288,100	1,256,151
Long-Term Investments	114,274	90,794	88,206	77,207	67,463
Goodwill	71,387	71,387	71,382	71,382	-
Other Intangible Assets	50,322	51,210	42,307	73,724	147,943
Long-Term Deferred Tax Assets	75,153	-	49,423	36,883	58,800
Other Long-Term Assets	733,546	601,279	573,799	593,618	595,017
Total Assets	7,227,883	6,218,813	4,761,300	4,693,471	4,022,701
Accounts Payable	676,891	638,165	798,558	536,413	522,802
Accrued Expenses	186,998	123,412	90,965	80,288	77,643
Short-Term Debt	271,599	331,973	593,226	730,186	344,800
Current Portion of Long-Term Debt	66,392	164,901	309,878	219,977	285,840
Current Portion of Leases	15,384	9,619	10,352	11,794	12,484
Current Income Taxes Payable	91,595	57,380	46,658	12,665	1,810
Current Unearned Revenue	590,240	452,008	235,084	233,439	109,070
Other Current Liabilities	1,662,358	1,315,318	726,765	680,149	589,561
Total Current Liabilities	3,561,457	3,092,775	2,811,485	2,504,911	1,944,011
Long-Term Debt	464,450	563,140	398,121	659,765	631,281
Long-Term Leases	33,165	13,393	11,901	6,949	4,256
Long-Term Unearned Revenue	32,404	33,507	13,954	15,907	17,492
Pension & Post-Retirement Benefits	17,707	28,589	15,660	11,902	22,627
Long-Term Deferred Tax Liabilities	90,799	46,177	-	-	-
Other Long-Term Liabilities	538,180	385,612	286,020	390,825	365,892
Total Liabilities	4,738,162	4,163,194	3,537,141	3,590,260	2,985,559
Common Stock	46,623	46,623	46,623	46,623	46,623
Additional Paid-In Capital	892,493	892,447	892,447	892,447	892,447
Retained Earnings	829,391	353,099	175,548	68,905	28,987
Treasury Stock	-712	-712	-712.34	-712.32	-712.07
Comprehensive Income & Other	583,935	617,060	-33,595	-32,693	-35,120
Total Common Equity	2,351,729	1,908,517	1,080,310	974,570	932,224
Minority Interest	137,992	147,102	143,849	128,642	104,918
Shareholders' Equity	2,489,721	2,055,618	1,224,159	1,103,211	1,037,143
Total Liabilities & Equity	7,227,883	6,218,813	4,761,300	4,693,471	4,022,701
Total Debt	850,990	1,083,026	1,323,478	1,628,671	1,278,661
Net Cash (Debt)	-600,563	-820,444	-1,033,697	-1,404,779	-1,166,892
Net Cash Per Share	-64495.20	-88108.56	-111010.03	-150861.08	-125314.07
Filing Date Shares Outstanding	9.31	9.31	9.31	9.31	9.31
Total Common Shares Outstanding	9.31	9.31	9.31	9.31	9.31
Working Capital	176,770	-56,353	-460,055	-283,412	-382,453
Book Value Per Share	252555.22	204958.10	116015.92	104660.29	100112.78
Tangible Book Value	2,230,020	1,785,919	966,622	829,463	784,281
Tangible Book Value Per Share	239484.75	191792.22	103806.76	89077.15	84224.95
Land	1,524,695	1,519,328	691,467	691,376	691,065
Buildings	566,889	560,400	536,574	532,522	499,955
Machinery	636,062	568,263	504,381	490,424	483,632
Construction In Progress	138,130	58,587	36,799	38,482	56,461

Source: S&P Global Market Intelligence. Standard template. Financial Sources.