Formetal Co., Ltd. (KOSDAQ:119500)

Formetal 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4,732	4,323	2,332	1,857	1,525	2,376
Short-Term Investments	-	440	-	-	-	200
Cash & Short-Term Investments	4,732	4,763	2,332	1,857	1,525	2,576
Cash Growth	33.47%	104.25%	25.56%	21.82%	-40.81%	163.86%
Accounts Receivable	10,985	9,152	10,759	12,784	12,297	10,124
Other Receivables	20.68	32.21	42.93	15.06	37.2	91.84
Receivables	11,006	9,184	10,802	12,799	12,334	10,216
Inventory	8,191	7,850	10,793	9,249	6,096	5,059
Prepaid Expenses	-	99.99	214.05	114.66	47.5	57.78
Other Current Assets	71.96	0	14.63	2.59	-0	0
Total Current Assets	24,000	21,897	24,155	24,023	20,002	17,909
Property, Plant & Equipment	38,392	40,048	40,692	42,252	43,785	45,075
Long-Term Investments	512.54	192.54	632.54	632.54	632.54	192.54
Other Intangible Assets	14.21	21.41	31.01	41.09	21.36	12.85
Other Long-Term Assets	37.9	58.7	36.28	197.6	34.28	34.28
Total Assets	62,957	62,218	65,547	67,145	64,475	63,223
Accounts Payable	5,505	4,077	6,489	7,191	5,722	5,444
Accrued Expenses	360.74	457.52	518.94	481.19	432.56	404.83
Short-Term Debt	2,000	4,000	4,200	4,700	5,200	4,500
Current Portion of Long-Term Debt	44	84.25	1,180	220.5	239	2,239
Current Income Taxes Payable	27.76	42.45	20.45	13.36	45.09	48.49
Other Current Liabilities	2,140	1,999	2,291	2,688	1,432	2,195
Total Current Liabilities	10,078	10,661	14,699	15,294	13,071	14,832
Long-Term Debt	77	110	194.25	2,374	2,595	833.75
Pension & Post-Retirement Benefits	223.22	169.13	269.15	-	559.25	524.94
Long-Term Deferred Tax Liabilities	1,223	1,071	1,154	1,190	1,133	1,141
Other Long-Term Liabilities	146.59	146.47	8.69	46.53	90.8	131.17
Total Liabilities	11,747	12,158	16,326	18,904	17,449	17,463
Common Stock	6,012	6,012	6,012	6,012	6,012	6,012
Additional Paid-In Capital	7,580	7,580	7,580	7,580	7,580	7,580
Retained Earnings	37,617	36,468	35,629	34,648	33,786	32,167
Comprehensive Income & Other	0	0	0	0	-352.82	0
Shareholders' Equity	51,209	50,060	49,222	48,241	47,026	45,760
Total Liabilities & Equity	62,957	62,218	65,547	67,145	64,475	63,223
Total Debt	2,121	4,194	5,574	7,295	8,034	7,573
Net Cash (Debt)	2,611	569.15	-3,242	-5,437	-6,509	-4,997
Net Cash Per Share	-	48.04	-273.66	-458.95	-549.42	-421.77
Filing Date Shares Outstanding	-	11.85	11.85	11.85	11.85	11.85
Total Common Shares Outstanding	-	11.85	11.85	11.85	11.85	11.85
Working Capital	13,923	11,236	9,456	8,729	6,931	3,077
Book Value Per Share	-	4225.50	4154.70	4071.90	3969.37	3862.53
Tangible Book Value	51,195	50,039	49,191	48,200	47,005	45,747
Tangible Book Value Per Share	-	4223.69	4152.08	4068.44	3967.56	3861.44
Land	4,442	4,442	4,442	4,442	4,442	4,442
Buildings	17,664	17,664	17,640	17,640	17,640	17,640
Machinery	44,599	44,495	43,452	42,740	42,197	41,009
Construction In Progress	141	-	76	88	-	337.7

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