AJUSTEEL Co.,Ltd (KRX:139990)

AJUSTEEL Co.,Ltd 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	58,174	21,554	21,869	25,762	13,740	16,362
Short-Term Investments	7,651	6,342	6,656	5,768	10,406	6,137
Cash & Short-Term Investments	65,826	27,896	28,525	31,530	24,146	22,499
Cash Growth	105.79%	-2.21%	-9.53%	30.58%	7.32%	32.46%
Accounts Receivable	159,410	113,416	115,097	111,461	154,910	95,619
Other Receivables	343.16	1,339	1,935	2,888	2,729	6,232
Receivables	159,753	118,632	117,033	114,349	157,642	101,855
Inventory	202,195	158,794	224,747	183,460	181,013	89,172
Prepaid Expenses	12,116	12,027	22,183	8,560	4,449	1,999
Other Current Assets	9,123	11,562	11,661	8,022	1,016	681.64
Total Current Assets	449,013	328,911	404,149	345,921	368,266	216,207
Property, Plant & Equipment	578,607	603,428	565,518	377,112	244,727	178,970
Long-Term Investments	533.93	533.93	911.22	1,331	1,190	1,192
Goodwill	182.22	182.22	2,880	2,880	2,880	5,171
Other Intangible Assets	3,401	4,417	5,230	3,532	1,723	684.5
Long-Term Accounts Receivable	-	262.77	-	36.72	41.46	95.76
Long-Term Deferred Tax Assets	8,307	8,709	3,422	1,131	879.24	642.31
Other Long-Term Assets	15,381	14,942	13,297	28,285	7,520	2,417
Total Assets	1,055,426	961,386	995,406	760,228	627,226	405,382
Accounts Payable	239,860	175,015	200,625	98,441	164,202	101,013
Accrued Expenses	7,660	14,777	12,402	6,964	8,118	4,235
Short-Term Debt	233,555	235,177	184,839	176,509	84,430	64,885
Current Portion of Long-Term Debt	140,871	109,290	61,488	31,047	8,595	6,275
Current Portion of Leases	1,068	1,195	1,699	268.2	567.21	561.22
Current Income Taxes Payable	7,007	5,177	5,749	9,545	6,920	2,140
Current Unearned Revenue	82.94	83.46	48.85	30.04	192.05	29.37
Other Current Liabilities	65,340	70,280	57,416	31,969	25,775	24,035
Total Current Liabilities	695,443	610,994	524,268	354,773	298,800	203,174
Long-Term Debt	194,947	222,803	267,544	149,694	71,014	47,054
Long-Term Leases	2,000	2,559	4,378	399.92	254.07	401.96
Pension & Post-Retirement Benefits	965.16	-	-	-0	1,288	2,621
Long-Term Deferred Tax Liabilities	2,839	3,343	3,358	2,552	11,726	6,076
Other Long-Term Liabilities	1,721	3,168	14,121	629.43	704.48	214.18
Total Liabilities	897,915	842,868	813,668	508,048	383,786	259,541
Common Stock	19,378	13,259	13,226	13,226	13,226	9,712
Additional Paid-In Capital	150,801	-0	107,837	107,837	107,837	37,910
Retained Earnings	-57,137	-37,226	71,452	104,260	100,958	67,158
Comprehensive Income & Other	44,909	142,486	33,003	16,317	13,434	10,328
Total Common Equity	157,511	118,518	225,518	241,639	235,454	125,108
Minority Interest	-	-	-49,695	-4,160	1,182	2,398
Shareholders' Equity	157,511	118,518	181,739	252,181	243,440	145,841
Total Liabilities & Equity	1,055,426	961,386	995,406	760,228	627,226	405,382
Total Debt	572,440	571,024	519,948	357,918	164,860	119,178
Net Cash (Debt)	-506,614	-543,129	-491,423	-326,388	-140,713	-96,679
Net Cash Per Share	-14530.47	-20516.10	-18577.78	-12338.80	-5896.50	-4716.15
Filing Date Shares Outstanding	37.82	26.52	26.45	26.45	26.45	19.42
Total Common Shares Outstanding	37.82	26.52	26.45	26.45	26.45	19.42
Working Capital	-246,430	-282,083	-120,119	-8,851	69,466	13,033
Book Value Per Share	4164.64	4469.40	8525.49	9134.93	8901.12	6440.73
Tangible Book Value	153,927	113,919	217,409	235,227	230,851	119,253
Tangible Book Value Per Share	4069.89	4295.94	8218.93	8892.53	8727.11	6139.30
Land	91,543	91,655	83,808	61,206	48,706	45,092
Buildings	266,833	263,983	164,121	101,000	79,012	50,378
Machinery	403,888	414,382	301,075	186,581	163,665	131,970
Construction In Progress	871.36	1,229	167,726	136,442	45,988	30,922

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.