Chosun Refractories Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	42,838	36,009	86,817	15,542
Short-Term Investments	27,892	25,961	2,132	888.49
Trading Asset Securities	-	2,000	-	-
Cash & Short-Term Investments	70,730	63,969	88,949	16,430
Cash Growth	1.36%	-28.08%	441.36%	-
Accounts Receivable	-	57,716	51,734	80,515
Other Receivables	-	7,357	735.45	4,177
Receivables	-	65,073	52,469	84,692
Inventory	93,060	95,407	90,777	87,109
Prepaid Expenses	-	983.33	1,135	2,321
Other Current Assets	70,675	248.18	943.24	461.77
Total Current Assets	234,464	225,681	234,273	191,015
Property, Plant & Equipment	124,722	124,588	114,639	111,433
Long-Term Investments	137,955	128,361	202,163	116,143
Goodwill	-	6,931	6,931	6,931
Other Intangible Assets	12,213	5,341	5,613	6,355
Long-Term Deferred Tax Assets	-	639.72	-	112.42
Other Long-Term Assets	7,176	8,811	3,420	6,045
Total Assets	516,530	500,353	567,038	438,034
Accounts Payable	-	40,119	40,329	44,487
Accrued Expenses	-	5,067	5,683	5,330
Short-Term Debt	196,859	196,351	258,613	140,603
Current Portion of Leases	675.63	610.26	774.13	674.12
Current Income Taxes Payable	5,354	8,967	1,485	177.78
Other Current Liabilities	59,318	11,582	13,219	17,047
Total Current Liabilities	262,206	262,697	320,103	208,319
Long-Term Leases	544.37	526.71	922.85	790.79
Long-Term Deferred Tax Liabilities	4,210	2,114	6,990	5,190
Other Long-Term Liabilities	3,587	3,675	2,951	2,909
Total Liabilities	270,548	269,012	330,967	217,209
Common Stock	5,928	5,928	5,928	5,928
Additional Paid-In Capital	155,794	156,210	156,210	156,210
Retained Earnings	22,906	16,274	18,077	23,583
Treasury Stock	-	-181.02	-181.02	-181.02
Comprehensive Income & Other	50,608	43,188	36,492	27,274
Total Common Equity	235,236	221,419	216,525	212,814
Minority Interest	10,747	9,922	19,546	8,011
Shareholders' Equity	245,983	231,340	236,071	220,825
Total Liabilities & Equity	516,530	500,353	567,038	438,034
Total Debt	198,079	197,488	260,310	142,068
Net Cash (Debt)	-127,349	-133,519	-171,361	-125,638
Net Cash Per Share	-10747.26	-11268.24	-14550.08	-10602.28
Filing Date Shares Outstanding	11.85	11.85	11.85	11.85
Total Common Shares Outstanding	11.85	11.85	11.85	11.85
Working Capital	-27,742	-37,016	-85,830	-17,304
Book Value Per Share	19847.73	18686.47	18273.49	17960.29
Tangible Book Value	223,023	209,147	203,982	199,528
Tangible Book Value Per Share	18817.26	17650.80	17214.89	16839.05
Land	-	52,289	44,054	44,054
Buildings	-	62,197	60,964	60,239
Machinery	-	156,881	152,493	145,511
Construction In Progress	-	21,145	16,979	13,154