Changhae Ethanol Co., Ltd. (KOSDAQ:004650)

Changhae Ethanol Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,538	6,447	3,686	3,750	5,002	5,974
Short-Term Investments	-	-	640	-	0	-
Cash & Short-Term Investments	5,538	6,447	4,326	3,750	5,002	5,974
Cash Growth	92.75%	49.02%	15.36%	-25.02%	-16.28%	-11.89%
Accounts Receivable	24,149	23,946	24,473	23,632	22,738	23,038
Other Receivables	2,544	505.97	584.61	564.36	1,020	1,252
Receivables	32,109	29,870	30,427	29,944	29,436	30,233
Inventory	23,817	23,309	28,239	24,955	15,373	15,427
Prepaid Expenses	226.16	58.39	71.61	62.06	46.84	269.86
Other Current Assets	7,460	7,275	8,597	3,404	2,498	2,721
Total Current Assets	69,150	66,960	71,661	62,115	52,355	54,626
Property, Plant & Equipment	38,922	39,510	38,664	38,818	40,660	41,187
Long-Term Investments	27,842	27,482	24,816	37,180	35,893	38,539
Goodwill	46,921	46,921	46,921	46,921	51,118	51,118
Other Intangible Assets	303.62	303.76	303.04	305.85	310.3	439.75
Long-Term Deferred Tax Assets	730.13	730.09	517.11	306.42	1,236	758.89
Other Long-Term Assets	8,049	8,182	8,589	9,439	8,448	9,081
Total Assets	191,917	190,088	191,471	195,085	190,020	195,750
Accounts Payable	10,375	3,311	7,892	9,807	4,021	5,179
Accrued Expenses	540.77	578.39	926.33	746.07	385.47	521.65
Short-Term Debt	27,852	36,717	41,496	41,422	38,403	43,801
Current Portion of Long-Term Debt	1,866	1,866	1,375	1,281	1,281	1,281
Current Portion of Leases	735.9	626.66	627.29	278.04	331.7	94.35
Current Income Taxes Payable	2,244	2,298	2,343	639.2	1,700	3,102
Other Current Liabilities	8,575	3,773	6,318	2,574	3,073	3,600
Total Current Liabilities	52,188	49,169	60,978	56,748	49,196	57,579
Long-Term Debt	4,000	4,129	2,124	2,858	2,790	4,071
Long-Term Leases	271.81	291.19	232.59	114.84	95.31	23.06
Long-Term Deferred Tax Liabilities	-	-	-	86.58	-	-
Other Long-Term Liabilities	0	0	-	-	0	-
Total Liabilities	56,460	53,590	63,334	59,807	52,253	61,993
Common Stock	4,595	4,595	4,595	4,595	4,595	4,595
Additional Paid-In Capital	16,735	16,735	16,556	16,573	16,573	16,573
Retained Earnings	123,444	124,421	116,510	124,152	127,895	122,711
Treasury Stock	-12,981	-12,981	-12,981	-12,981	-12,981	-12,981
Comprehensive Income & Other	283.76	305.15	-38.81	-384.61	-1,408	-2.08
Total Common Equity	132,077	133,076	124,642	131,955	134,675	130,896
Minority Interest	3,380	3,423	3,495	3,323	3,092	2,861
Shareholders' Equity	135,457	136,499	128,137	135,278	137,767	133,757
Total Liabilities & Equity	191,917	190,088	191,471	195,085	190,020	195,750
Total Debt	34,725	43,629	45,855	45,955	42,902	49,271
Net Cash (Debt)	-29,188	-37,182	-41,529	-42,204	-37,900	-43,296
Net Cash Per Share	-3845.48	-4900.57	-5473.43	-5562.46	-4995.13	-5679.15
Filing Date Shares Outstanding	7.59	7.59	7.59	7.59	7.59	7.59
Total Common Shares Outstanding	7.59	7.59	7.59	7.59	7.59	7.59
Working Capital	16,962	17,790	10,684	5,368	3,159	-2,953
Book Value Per Share	17407.57	17539.19	16427.57	17391.40	17749.97	17251.93
Tangible Book Value	84,853	85,852	77,418	84,728	83,247	79,339
Tangible Book Value Per Share	11183.51	11315.11	10203.59	11167.05	10971.87	10456.77
Land	-	9,399	9,399	9,399	9,361	9,361
Buildings	-	19,186	18,844	18,347	18,085	17,864
Machinery	-	83,619	85,941	82,712	80,771	77,717
Construction In Progress	-	560.4	336.42	183.38	9.36	53.52

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