Hwaseung R&A Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	7,144	10,022	6,812	4,976
Short-Term Investments	-	10.14	-	-
Cash & Short-Term Investments	7,144	10,032	6,812	4,976
Cash Growth	71.02%	47.28%	36.88%	-
Accounts Receivable	126,875	129,240	126,775	118,740
Other Receivables	2,907	4,155	6,968	3,294
Receivables	129,782	133,395	133,743	122,034
Inventory	46,597	37,273	33,975	42,163
Prepaid Expenses	6,797	4,691	4,309	3,125
Other Current Assets	1,597	978.06	797.08	1,703
Total Current Assets	191,917	186,368	179,635	174,002
Property, Plant & Equipment	156,323	158,172	161,904	171,497
Long-Term Investments	3,154	3,355	4,267	2,424
Other Intangible Assets	1,703	1,584	1,443	2,515
Long-Term Accounts Receivable	33,212	27,257	27,626	23,587
Other Long-Term Assets	43,482	54,037	47,695	28,050
Total Assets	429,791	430,774	422,569	402,076
Accounts Payable	72,096	99,732	91,164	79,043
Accrued Expenses	7,355	7,774	5,405	4,966
Short-Term Debt	134,442	103,089	119,213	160,736
Current Portion of Long-Term Debt	2,100	11,300	51,058	6,249
Current Portion of Leases	460.67	1,444	166.05	36.9
Current Income Taxes Payable	6,203	5,386	2,518	420.09
Other Current Liabilities	25,374	34,772	25,157	22,318
Total Current Liabilities	248,030	263,498	294,681	273,770
Long-Term Debt	32,017	33,442	14,742	40,400
Long-Term Leases	52.3	112.88	181.26	4.1
Long-Term Deferred Tax Liabilities	7,247	10,852	12,540	7,234
Other Long-Term Liabilities	3,338	3,028	3,049	3,585
Total Liabilities	300,731	318,256	329,909	341,779
Common Stock	9,497	9,497	9,497	9,497
Additional Paid-In Capital	14,632	14,632	14,632	14,632
Retained Earnings	68,182	51,307	32,951	8,750
Treasury Stock	-22.12	-22.12	-22.12	-22.12
Comprehensive Income & Other	36,771	37,104	35,603	27,440
Shareholders' Equity	129,060	112,518	92,661	60,297
Total Liabilities & Equity	429,791	430,774	422,569	402,076
Total Debt	169,071	149,388	185,360	207,427
Net Cash (Debt)	-161,927	-139,356	-178,548	-202,450
Net Cash Per Share	-8526.61	-7338.06	-9401.84	-10660.44
Filing Date Shares Outstanding	18.99	18.99	18.99	18.99
Total Common Shares Outstanding	18.99	18.99	18.99	18.99
Working Capital	-56,113	-77,129	-115,047	-99,768
Book Value Per Share	6795.93	5924.88	4879.23	3175.05
Tangible Book Value	127,357	110,934	91,218	57,782
Tangible Book Value Per Share	6706.23	5841.48	4803.27	3042.63
Land	-	80,277	80,241	79,201
Buildings	-	43,147	44,407	44,129
Machinery	-	219,532	217,557	215,645
Construction In Progress	-	646.72	172	-

Source: S&P Capital IQ. Standard template. Financial Sources.