SeAH Steel Balance Sheet

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	98,066	362,666	218,330
Trading Asset Securities	19,764	14,826	13,527
Cash & Short-Term Investments	117,830	377,492	231,857
Cash Growth	-49.18%	62.81%	-
Accounts Receivable	272,103	230,635	305,422
Other Receivables	9,572	16,866	14,037
Receivables	282,209	247,873	319,861
Inventory	288,665	269,133	286,800
Prepaid Expenses	3,462	1,138	992.64
Other Current Assets	4,240	845.1	123
Total Current Assets	696,406	896,482	839,633
Property, Plant & Equipment	677,531	672,237	534,777
Long-Term Investments	312,170	217,245	118,813
Other Intangible Assets	25,410	27,030	26,178
Long-Term Accounts Receivable	14	14.71	-
Long-Term Deferred Tax Assets	1,863	1,858	-
Other Long-Term Assets	9,697	7,846	15,255
Total Assets	1,723,735	1,823,848	1,535,914
Accounts Payable	84,398	122,248	115,551
Accrued Expenses	2,498	2,305	2,298
Short-Term Debt	87,400	135,438	73,758
Current Portion of Long-Term Debt	36	80,010	80,021
Current Portion of Leases	640	1,384	1,314
Current Income Taxes Payable	8,080	58,433	22,371
Other Current Liabilities	55,164	98,465	104,585
Total Current Liabilities	238,216	498,284	399,898
Long-Term Debt	300,013	140,345	80,691
Long-Term Leases	356	344	1,071
Long-Term Deferred Tax Liabilities	68,277	67,671	53,619
Other Long-Term Liabilities	5,142	4,648	3,384
Total Liabilities	612,003	711,291	538,663
Common Stock	14,182	14,182	14,182
Additional Paid-In Capital	531,907	531,907	530,180
Retained Earnings	568,137	568,962	455,383
Treasury Stock	-2,494	-2,494	-2,494
Comprehensive Income & Other	-0	-0	-0
Shareholders' Equity	1,111,731	1,112,557	997,251
Total Liabilities & Equity	1,723,735	1,823,848	1,535,914
Total Debt	388,444	357,521	236,855
Net Cash (Debt)	-270,614	19,971	-4,999
Net Cash Per Share	-96647.88	7132.25	-1785.16
Filing Date Shares Outstanding	2.8	2.8	2.8
Total Common Shares Outstanding	2.8	2.8	2.8
Working Capital	458,190	398,198	439,735
Book Value Per Share	397091.80	397327.44	356148.25
Tangible Book Value	1,086,321	1,085,526	971,072
Tangible Book Value Per Share	388015.60	387674.06	346799.13
Land	320,529	310,774	281,827
Buildings	158,902	250,620	199,423
Machinery	167,324	469,228	437,670
Construction In Progress	27,018	93,273	27,200

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