Changhae Ethanol Co., Ltd. (KOSDAQ:004650)
South Korea · Delayed Price · Currency is KRW 9,310.00
+10.00 (0.11%)
At close: Sep 28, 2026
Changhae Ethanol Income Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 119,751 | 122,344 | 137,452 | 116,423 | 109,430 | 96,991 |
Other Revenue | - | -0 | - | -0 | - | - |
| 119,751 | 122,344 | 137,452 | 116,423 | 109,430 | 96,991 | |
Revenue Growth | -5.69% | -10.99% | 18.06% | 6.39% | 12.83% | -15.41% |
Cost of Revenue | 93,094 | 95,230 | 109,910 | 92,303 | 91,261 | 73,464 |
Gross Profit | 26,656 | 27,115 | 27,543 | 24,120 | 18,168 | 23,527 |
Selling, General & Admin | 9,004 | 8,899 | 8,136 | 7,472 | 6,363 | 7,442 |
Research & Development | 396.84 | 393.53 | 372.51 | 405.81 | 526.46 | 531.38 |
Amortization of Goodwill & Intangibles | 0.49 | 0.54 | 2.23 | 2.82 | 4.44 | 9.69 |
Other Operating Expenses | 125.09 | 123.17 | 119.3 | 162.92 | 100.03 | 111.98 |
Operating Expenses | 11,461 | 11,220 | 10,162 | 9,535 | 8,401 | 8,622 |
Operating Income | 15,196 | 15,895 | 17,381 | 14,585 | 9,767 | 14,906 |
Interest Expense | -1,412 | -1,601 | -2,076 | -2,053 | -1,479 | -1,041 |
Interest & Investment Income | 446.57 | 309.68 | 134.46 | 58.71 | 42.21 | 64.45 |
Earnings From Equity Investments | 870.03 | 847.49 | 1,362 | -753.3 | -652.74 | -169.71 |
Currency Exchange Gain (Loss) | -138.2 | -259.04 | -516.16 | 220.59 | -431.05 | 126.35 |
Other Non Operating Income (Expenses) | 32.45 | 72.83 | -110.34 | -476.56 | 59.91 | 232.09 |
EBT Excluding Unusual Items | 14,995 | 15,265 | 16,175 | 11,581 | 7,306 | 14,117 |
Impairment of Goodwill | - | - | -226.9 | - | - | - |
Gain (Loss) on Sale of Investments | -54.19 | -76.17 | 1.52 | -12,403 | -61.98 | -760.22 |
Gain (Loss) on Sale of Assets | 928.95 | 816.37 | -429.79 | -70.34 | 6.4 | 140.33 |
Asset Writedown | - | - | -0.46 | - | -4,499 | - |
Pretax Income | 15,869 | 16,005 | 15,520 | -892.16 | 2,752 | 13,498 |
Income Tax Expense | 3,366 | 2,915 | 3,077 | 2,775 | 2,453 | 3,426 |
Earnings From Continuing Operations | 12,504 | 13,090 | 12,443 | -3,667 | 299.41 | 10,072 |
Minority Interest in Earnings | 107.42 | 176.85 | 74.89 | -173.34 | -221.85 | -229.92 |
Net Income | 12,611 | 13,267 | 12,518 | -3,840 | 77.56 | 9,842 |
Net Income to Common | 12,611 | 13,267 | 12,518 | -3,840 | 77.56 | 9,842 |
Net Income Growth | -1.08% | 5.98% | - | - | -99.21% | -24.30% |
Shares Outstanding (Basic) | 8 | 8 | 8 | 8 | 8 | 8 |
Shares Outstanding (Diluted) | 8 | 8 | 8 | 8 | 8 | 8 |
Shares Change | 14.70% | - | - | - | - | -0.48% |
EPS (Basic) | 1662.34 | 1748.52 | 1649.81 | -506.17 | 10.22 | 1297.12 |
EPS (Diluted) | 1662.34 | 1748.52 | 1649.81 | -506.17 | 10.00 | 1297.00 |
EPS Growth | -13.75% | 5.98% | - | - | -99.23% | -23.93% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 21,406 | 14,565 | 10,355 | 5,337 | 1,491 | 10,533 |
Free Cash Flow Per Share | 2821.66 | 1919.65 | 1364.78 | 703.37 | 196.46 | 1388.20 |
Gross Margin | 22.26% | 22.16% | 20.04% | 20.72% | 16.60% | 24.26% |
Operating Margin | 12.69% | 12.99% | 12.65% | 12.53% | 8.93% | 15.37% |
Profit Margin | 10.53% | 10.84% | 9.11% | -3.30% | 0.07% | 10.15% |
Free Cash Flow Margin | 17.88% | 11.91% | 7.53% | 4.58% | 1.36% | 10.86% |
EBITDA | 20,397 | 20,627 | 21,910 | 18,543 | 13,515 | 18,578 |
EBITDA Margin | 17.03% | 16.86% | 15.94% | 15.93% | 12.35% | 19.16% |
D&A For EBITDA | 5,202 | 4,732 | 4,529 | 3,958 | 3,748 | 3,673 |
EBIT | 15,196 | 15,895 | 17,381 | 14,585 | 9,767 | 14,906 |
EBIT Margin | 12.69% | 12.99% | 12.65% | 12.53% | 8.93% | 15.37% |
Effective Tax Rate | 21.21% | 18.21% | 19.83% | - | 89.12% | 25.38% |
Advertising Expenses | - | 10.1 | 4.9 | 1 | 3 | 1 |