SK Innovation Co., Ltd. (SKINNOV) balance sheet

KSC · Energy · Oil & Gas Refining & Marketing · 2,064 employees · CEO Yong Jang

Price: ₩131,400.00 +1.15%
Market cap: ₩22.2T
Enterprise value: ₩49.4T
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-02-09 EPS est. ₩7,903.04

At the end of Q2 '26 SK Innovation Co., Ltd. (SKINNOV) held ₩13.6T in cash and short-term investments against ₩40.4T of debt incl. leases. Total assets ₩102T, total liabilities ₩64.9T, shareholders' equity ₩25.5T.

Balance sheet

Balance sheet	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Assets
Cash & equivalents	₩12.8T	₩13.1T	₩13.1T	₩13.2T	₩12.4T	₩15.9T	₩16.1T	₩11.7T	₩15.5T	₩16.1T	₩14T	₩13.3T
Short-term investments	₩753B	₩321B	₩236B	₩363B	₩190B	₩237B	₩420B	₩498B	₩470B	₩253B	₩287B	₩322B
Receivables	₩8.95T	₩5.93T	₩8.48T	₩7.38T	₩6.82T	₩8.6T	₩9.34T	₩7.7T	₩7.99T	₩6.09T	₩11.6T	₩10.4T
Inventory	₩13T	₩11.1T	₩12.2T	₩10.4T	₩10.2T	₩10.3T	₩10.4T	₩9.24T	₩9.16T	₩9.56T	₩9.54T	₩10.4T
Other current assets	₩2.85T	₩2.06T	₩635B	₩137B	₩101B	₩311B	₩405B	₩1.16T	₩467B	₩10.8T	₩8.39T	₩1.67T
Current assets	₩36.5T	₩33.3T	₩35.5T	₩32.1T	₩30.6T	₩36.3T	₩37.6T	₩30.5T	₩34.7T	₩42.8T	₩45.1T	₩37.9T
Property, plant & equipment (net)	₩34.2T	₩37.2T	₩40.2T	₩43.1T	₩44.8T	₩58.9T	₩59.2T	₩56.7T	₩58.3T	₩49.9T	₩50.9T	₩50.1T
Long-term investments	₩6.24T	₩7.09T	₩7.21T	₩7.57T	₩6.55T	₩9.81T	₩10.6T	₩9.32T	₩10.3T	₩8.74T	₩9.07T	₩9.37T
Goodwill	₩322B	₩320B	₩327B	₩334B	₩329B	₩316B	₩324B	₩398B	₩409B	₩117B	₩0	₩0
Intangible assets	₩2.15T	₩1.86T	₩1.92T	₩862B	₩1.9T	₩2.19T	₩2.64T	₩2.42T	₩2.51T	₩2.22T	₩2.43T	₩2.46T
Deferred tax assets	₩773B	₩891B	₩941B	₩1.08T	₩1.16T	₩1.34T	₩1.43T	₩1.51T	₩1.57T	₩2.17T	₩2.28T	₩1.9T
Other non-current assets	-₩27.8B	₩203B	₩247B	₩58.6B	-₩197B	₩1.61T	₩106B	₩2.49T	₩94.3B	₩1.87T	₩337B	₩327B
Non-current assets	₩43.6T	₩47.6T	₩50.9T	₩54.3T	₩54.6T	₩74.2T	₩74.3T	₩71.3T	₩73.2T	₩62.8T	₩65.1T	₩64.1T
Total assets	₩80.1T	₩80.8T	₩86.4T	₩86.4T	₩85.2T	₩111T	₩112T	₩102T	₩108T	₩106T	₩110T	₩102T
Liabilities
Accounts payable	₩10.2T	₩8.53T	₩10T	₩7.39T	₩7.69T	₩9.91T	₩9.46T	₩7.18T	₩7.35T	₩9.14T	₩9.34T	₩8.75T
Accrued expenses	₩1.93T	₩1.96T	₩1.67T	₩1.66T	₩0	₩0	₩2T	₩1.91T	₩0	₩0	₩0	₩0
Short-term debt	₩11.5T	₩11.2T	₩11.3T	₩12.8T	₩13T	₩17.6T	₩17.7T	₩17.9T	₩16.3T	₩16.6T	₩16.6T	₩15.5T
Taxes payable	₩160B	₩176B	₩213B	₩141B	₩105B	₩329B	₩0	₩0	₩141B	₩0	₩0	₩0
Deferred revenue	₩192B	₩194B	₩186B	₩136B	₩163B	₩263B	₩172B	₩0	₩435B	₩583B	₩0	₩85.2B
Other current liabilities	₩5.55T	₩7.09T	₩7.25T	₩7.27T	₩2.92T	₩3.23T	₩10.1T	₩7.65T	₩4.24T	₩14.5T	₩17.4T	₩10.1T
Current liabilities	₩29.7T	₩29.4T	₩30.9T	₩29.7T	₩30.2T	₩37.7T	₩38.1T	₩35.1T	₩34.7T	₩41.1T	₩44.1T	₩35T
Long-term debt	₩17.6T	₩17.7T	₩20.6T	₩19.8T	₩19.2T	₩27T	₩31.6T	₩27.5T	₩28.6T	₩23.5T	₩22.9T	₩23T
Lease obligations (non-current)	₩1.27T	₩1.2T	₩1.18T	₩1.12T	₩1.12T	₩2T	₩1.95T	₩1.79T	₩1.79T	₩1.84T	₩1.82T	₩1.92T
Deferred revenue (non-current)	₩1.27T	₩0	₩290B	₩289B	₩286B	₩916B	₩914B	₩904B	₩901B	₩0	₩0	₩0
Deferred tax liabilities	₩1.1T	₩1.04T	₩1.12T	₩1.17T	₩1.09T	₩1T	₩912B	₩560B	₩703B	₩378B	₩687B	₩526B
Other non-current liabilities	₩1.32T	₩1.47T	₩1.03T	₩1.16T	₩1.24T	₩2.21T	₩1.94T	₩2.27T	₩2.44T	₩3.17T	₩3.19T	₩4.36T
Non-current liabilities	₩21.3T	₩21.4T	₩24.2T	₩23.5T	₩23T	₩33.2T	₩37.4T	₩33T	₩34.4T	₩28.9T	₩28.6T	₩29.8T
Total liabilities	₩51T	₩50.8T	₩55.1T	₩53.3T	₩53.2T	₩70.9T	₩75.4T	₩68.2T	₩69.1T	₩69.9T	₩72.7T	₩64.9T
Equity
Common stock & paid-in capital	₩510B	₩510B	₩510B	₩510B	₩510B	₩780B	₩786B	₩786B	₩870B	₩876B	₩876B	₩876B
Retained earnings	₩12T	₩11.3T	₩10.4T	₩9.8T	₩9.2T	₩8.23T	₩7.67T	₩6.91T	₩6.76T	₩3.65T	₩5.45T	₩5.69T
Accumulated other comprehensive income	₩822B	₩922B	₩1.6T	₩1.99T	₩1.39T	₩3.36T	₩3.17T	₩1.68T	₩2.48T	₩3.62T	₩3.5T	₩4.95T
Shareholders' equity	₩22.8T	₩22.2T	₩22.8T	₩22.6T	₩32T	₩24.6T	₩24T	₩21.6T	₩25.4T	₩21.1T	₩23T	₩25.5T
Debt
Total debt (incl. leases)	₩30.7T	₩30.5T	₩33.5T	₩34.1T	₩33.7T	₩47.1T	₩51.8T	₩47.7T	₩47.1T	₩41.9T	₩41.9T	₩40.4T
Net debt (debt - cash)	₩17.9T	₩17.5T	₩20.4T	₩20.9T	₩21.4T	₩31.3T	₩35.7T	₩36T	₩31.6T	₩25.8T	₩27.9T	₩27.1T

Balance sheet	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Assets
Cash & equivalents	₩2.64T	₩2T	₩1.86T	₩2.2T	₩2.94T	₩3.42T	₩9.48T	₩13.1T	₩15.9T	₩16.1T
Short-term investments	₩3.07T	₩2.31T	₩2.72T	₩2.38T	₩1.97T	₩3.99T	₩1.46T	₩321B	₩237B	₩253B
Receivables	₩4.34T	₩5.47T	₩5.16T	₩4.21T	₩2.98T	₩5.19T	₩8.14T	₩5.93T	₩8.6T	₩6.09T
Inventory	₩4.45T	₩5.98T	₩6.18T	₩6.5T	₩3.88T	₩7.85T	₩11.9T	₩11.1T	₩10.3T	₩9.56T
Other current assets	₩152B	₩1.12T	₩310B	₩1.6T	₩941B	₩62.6B	₩190B	₩2.71T	₩311B	₩9.71T
Current assets	₩15T	₩16.2T	₩16.8T	₩17.4T	₩13.3T	₩21.5T	₩32T	₩33.3T	₩36.3T	₩42.8T
Property, plant & equipment (net)	₩13.8T	₩13.8T	₩13.8T	₩16.7T	₩19.1T	₩21.6T	₩26.6T	₩37.2T	₩58.9T	₩49.9T
Long-term investments	-₩528B	₩517B	₩715B	₩1.57T	₩2.23T	₩909B	₩4.02T	₩7.09T	₩9.81T	₩8.74T
Goodwill	₩1B	₩151B	₩113B	₩113B	₩249B	₩299B	₩308B	₩320B	₩316B	₩117B
Intangible assets	₩1.12T	₩1.2T	₩1.89T	₩942B	₩869B	₩732B	₩1.74T	₩1.98T	₩2.19T	₩2.22T
Deferred tax assets	₩98.2B	₩37.7B	₩24B	₩41.7B	₩417B	₩61.7B	₩602B	₩891B	₩1.34T	₩2.17T
Other non-current assets	₩3.15T	₩2.36T	₩2.79T	₩2.85T	₩2.34T	₩4.42T	₩1.97T	₩82.5B	₩1.61T	-₩297B
Non-current assets	₩17.6T	₩18T	₩19.3T	₩22.2T	₩25.2T	₩28.1T	₩35.3T	₩47.6T	₩74.2T	₩62.8T
Total assets	₩32.6T	₩34.2T	₩36.1T	₩39.5T	₩38.5T	₩49.6T	₩67.2T	₩80.8T	₩111T	₩106T
Liabilities
Accounts payable	₩4.21T	₩5.27T	₩4.59T	₩4.93T	₩2.76T	₩5.66T	₩9.15T	₩8.53T	₩9.91T	₩9.14T
Accrued expenses	₩1.08T	₩1.16T	₩1.34T	₩1.47T	₩0	₩2.53T	₩2.01T	₩1.96T	₩0	₩0
Short-term debt	₩1.7T	₩1.52T	₩1.37T	₩2.29T	₩3.01T	₩2.41T	₩12.1T	₩11.2T	₩17.6T	₩16.1T
Taxes payable	₩339B	₩481B	₩222B	₩83.4B	₩57.8B	₩266B	₩429B	₩176B	₩329B	₩0
Deferred revenue	₩2.77T	₩3.12T	₩222B	₩2.97T	₩5T	₩184B	₩193B	₩194B	₩263B	₩583B
Other current liabilities	₩1.75T	₩1.45T	₩1.23T	-₩1.5T	₩11.7B	₩3.44T	₩3.38T	₩7.09T	₩3.23T	₩14.8T
Current liabilities	₩8.74T	₩9.95T	₩8.94T	₩10.5T	₩11T	₩14.5T	₩27.6T	₩29.4T	₩37.7T	₩41.1T
Long-term debt	₩4.87T	₩4.06T	₩6.65T	₩8.84T	₩10.6T	₩13.4T	₩13.4T	₩17.7T	₩27T	₩23.5T
Lease obligations (non-current)	₩0	₩0	₩3.88M	₩938B	₩882B	₩1.35T	₩1.37T	₩1.2T	₩2T	₩1.84T
Deferred revenue (non-current)	₩114B	₩178B	₩212B	₩199B	₩279B	₩23.8B	₩23.1B	₩291B	₩916B	₩871B
Deferred tax liabilities	₩546B	₩731B	₩947B	₩879B	₩200B	₩311B	₩921B	₩1.04T	₩1T	₩378B
Other non-current liabilities	₩9.68B	₩7.86B	₩1.17T	₩7.93B	₩32.9B	₩312B	₩705B	₩1.18T	₩2.21T	₩2.3T
Non-current liabilities	₩5.54T	₩4.98T	₩7.82T	₩10.9T	₩12T	₩15.4T	₩16.4T	₩21.4T	₩33.2T	₩28.9T
Total liabilities	₩14.3T	₩14.9T	₩16.8T	₩21.3T	₩23T	₩29.9T	₩44T	₩50.8T	₩70.9T	₩69.9T
Equity
Common stock & paid-in capital	₩462B	₩462B	₩462B	₩462B	₩469B	₩469B	₩469B	₩510B	₩780B	₩876B
Retained earnings	₩10.7T	₩12T	₩12.7T	₩11.9T	₩9.89T	₩10.2T	₩11.6T	₩11.3T	₩8.23T	₩3.65T
Accumulated other comprehensive income	₩587B	₩340B	₩492B	₩431B	-₩128B	₩505B	₩736B	₩922B	₩3.29T	₩3.62T
Shareholders' equity	₩17.1T	₩18.1T	₩18.1T	₩17.5T	₩14.5T	₩17.3T	₩19.7T	₩22.2T	₩24.6T	₩21.1T
Debt
Total debt (incl. leases)	₩6.57T	₩5.58T	₩8.02T	₩12.3T	₩14.8T	₩17.5T	₩27.2T	₩30.5T	₩47.1T	₩41.9T
Net debt (debt - cash)	₩3.93T	₩3.57T	₩6.17T	₩10.1T	₩11.8T	₩14T	₩17.7T	₩17.5T	₩31.3T	₩25.8T

Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in KRW.

Cash, investments and debt

quarter ends

The other statements

Income statementRevenue, costs, operating income, net income and EPSOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates are standardised from the company's filings.

Data as of 2026-11-02