Daehan Shipbuilding 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 2011
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '11 Dec 31, 2011
Cash & Equivalents	215,304	314,302	68,433	27,964	123.81
Short-Term Investments	12,899	181.07	-0	41,683	-
Trading Asset Securities	281,831	-	-	1,584	-
Cash & Short-Term Investments	510,034	314,483	68,433	71,230	123.81
Cash Growth	62.18%	359.55%	-3.93%	57434.26%	-99.02%
Accounts Receivable	99,066	20,836	323.68	44,495	75,443
Other Receivables	3,392	8,616	749.76	3,212	213.95
Receivables	102,458	29,452	1,293	47,708	75,657
Inventory	35,906	33,312	39,154	30,115	27,710
Prepaid Expenses	5,098	11,429	4,443	4,096	982.26
Other Current Assets	469,765	513,237	313,714	319,748	19,088
Total Current Assets	1,123,262	901,913	427,037	472,897	123,562
Property, Plant & Equipment	354,093	353,447	362,169	351,236	322,345
Long-Term Investments	24,626	-	1,000	1,000	-
Other Intangible Assets	1,463	1,445	1,667	1,889	1,914
Long-Term Accounts Receivable	-0	0	0	0	-
Long-Term Deferred Tax Assets	-	34,492	10,253	-	-
Other Long-Term Assets	34,610	58,142	10,732	16,202	2,896
Total Assets	1,538,053	1,349,440	812,859	843,225	450,716
Accounts Payable	73,211	95,871	58,961	68,474	38,038
Accrued Expenses	3,231	4,099	2,389	-	1,789
Short-Term Debt	-	307,012	189,625	60,980	230,275
Current Portion of Long-Term Debt	-	20,000	1,541	1,541	10,000
Current Portion of Leases	207.38	149.29	754.16	251.22	-
Current Income Taxes Payable	21,599	4,758	-	-	-
Other Current Liabilities	312,318	400,214	214,977	402,692	51,424
Total Current Liabilities	410,566	832,104	468,248	533,938	331,527
Long-Term Debt	-	-	153,127	146,084	38,300
Long-Term Leases	141.67	200.57	349.02	369.77	-
Pension & Post-Retirement Benefits	8,502	11,164	16,331	16,234	6,340
Long-Term Deferred Tax Liabilities	7,775	-	-	196.02	-
Other Long-Term Liabilities	18,684	52,528	3,328	11,373	53,625
Total Liabilities	445,669	895,997	641,383	708,195	429,791
Common Stock	192,632	152,632	52,632	52,632	277,340
Additional Paid-In Capital	398,918	47,947	35,874	765,494	84,660
Retained Earnings	460,806	212,031	39,380	-728,554	-341,069
Treasury Stock	-	-	-	-0.02	-16.07
Comprehensive Income & Other	40,029	40,833	43,591	45,458	-24.06
Total Common Equity	1,092,384	453,443	171,476	135,030	20,891
Minority Interest	-	-	-	-	33.5
Shareholders' Equity	1,092,384	453,443	171,476	135,030	20,925
Total Liabilities & Equity	1,538,053	1,349,440	812,859	843,225	450,716
Total Debt	349.05	327,362	345,396	209,226	278,575
Net Cash (Debt)	509,685	-12,879	-276,963	-137,996	-278,451
Net Cash Per Share	14984.77	-437.71	-9072.92	-10743.61	-5019.94
Filing Date Shares Outstanding	38.58	30.53	10.53	12.84	55.47
Total Common Shares Outstanding	38.58	30.53	10.53	12.84	55.47
Working Capital	712,695	69,810	-41,210	-61,041	-207,965
Book Value Per Share	28315.64	14854.17	16290.22	10512.65	376.63
Tangible Book Value	1,090,921	451,998	169,809	133,140	18,977
Tangible Book Value Per Share	28277.72	14806.84	16131.84	10365.56	342.12
Land	134,585	134,585	134,423	133,697	73,232
Buildings	192,018	191,552	191,301	190,080	149,608
Machinery	166,066	163,678	160,776	139,396	105,850
Construction In Progress	50,622	42,245	42,843	46,339	48,710

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