v3.25.1
Financial Risk Management (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of detailed information about financial instruments [abstract]  
Schedule of Company's Debt to Equity Ratio December 31, 2024 and 2023 are as follows:
20242023
(In millions of Korean won)
Total liabilities118,096 114,453 
Total equity568,363 463,728 
Debt ratio21 %25 %
Schedule of Financial Assets and Liabilities Exposed in Foreign Currency Risk The Group’s financial assets and liabilities are exposed to foreign currency risk as of December 31, 2024 and 2023 are as follows:
December 31, 2024
Assets in foreign currencyLiabilities in foreign currencyAssets in Korean WonLiabilities in Korean Won
(Individual amounts in each foreign currency)(In millions of Korean won)
USD70,136,599 29,286,354 103,021 43,009 
JPY496,929,791 56,100,772 4,654 525 
EUR27,925 32,910 43 50 
IDR9,851,056 522,083,448 48 
THB21,131 — — 
VND6,026,400 — — — 
HKD141,271 — 27 — 
Total107,747 43,632 
December 31, 2023
Assets in foreign currencyLiabilities in foreign currencyAssets in Korean WonLiabilities in Korean Won
(Individual amounts in each foreign currency)(In millions of Korean won)
USD86,681,440 28,203,218 111,616 36,344 
JPY343,984,702 160,779,008 3,139 1,467 
EUR36,780 30,472 52 43 
IDR12,955,000 3,103,944 — 
THB28,510 7,379 — 
VND9,270,000 3,243,600 — — 
HKD144,997 — 24 — 
Total114,833 37,854 
Summary of Impact of Fluctuation in Foreign Currency Exchange Rates on Group's Profit Before Income Tax The impact of a
10% fluctuation in foreign currency exchange rates on the Group’s profit before income tax for the years ended December 31, 2024 and 2023 are as follows:
December 31, 2024December 31, 2023
Increased by 10%Decreased by 10%Increased by 10%Decreased by 10%
(In millions of Korean won)
USD6,001 (6,001)7,527 (7,527)
JPY413 (413)167 (167)
Others(3)(4)
Total6,411 (6,411)7,698 (7,698)
Summary of Maximum Exposure to Credit Risk
The carrying amount of a financial asset represents the maximum exposure to credit risk. The maximum exposure to credit risk of the Group as of December 31, 2024 and 2023 are as follows.
December 31,
2024
December 31,
2023
(In millions of Korean won)
Cash and cash equivalents228,898 184,082 
Short-term financial instruments324,304 277,215 
Accounts receivable, net81,152 71,213 
Other receivables, net16 
Other current financial assets6,602 4,439 
Other non-current financial assets1,767 1,824 
Total642,739 538,780 
Summary of Financial Liabilities by Maturity The following table summarizes the financial liabilities of the Group by maturity according to the remaining period from the end of the reporting period to the contractual maturity date.
December 31, 2024
Carrying
value
Less than
3 months
3 months ~
1 year
1~2 years2~3 years3~5 yearsTotal
(In millions of Korean won)
Accounts payable63,548 63,153 175 220 — — 63,548 
Accrued expense313 313 — — — — 313 
Other liabilities (*)7,121 1,046 2,303 1,850 1,257 992 7,448 
Total70,982 64,512 2,478 2,070 1,257 992 71,309 
(*)Other liabilities as of December 31, 2024 consist of lease liabilities.
December 31, 2023
Carrying
value
Less than
3 months
3 months ~
1 year
1~2 years2~3 years3~5 yearsTotal
(In millions of Korean won)
Accounts payable58,292 57,430 185 677 — — 58,292 
Accrued expense395 395 — — — — 395 
Other liabilities (*)6,562 1,081 3,259 1,902 476 — 6,718 
Total65,249 58,906 3,444 2,579 476 — 65,405 
(*)Other liabilities as of December 31, 2023 consist of lease liabilities.