Hanil Forging Industrial Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	126,595	139,379	178,167	177,365	152,471
Other Revenue	-0	-	-	-	-0
Revenue	126,595	139,379	178,167	177,365	152,471
Revenue Growth (YoY)	-9.17%	-21.77%	0.45%	16.33%	10.28%
Cost of Revenue	110,733	118,244	143,516	131,257	136,540
Gross Profit	15,863	21,135	34,650	46,108	15,932
Selling, General & Admin	11,683	11,428	18,500	28,320	17,224
Other Operating Expenses	206.01	266.78	233.52	185.41	107.31
Operating Expenses	12,343	12,846	19,482	31,528	19,285
Operating Income	3,520	8,289	15,168	14,580	-3,353
Interest Expense	-5,013	-6,479	-6,810	-4,791	-3,009
Interest & Investment Income	1,691	1,281	797.5	258.7	187.4
Earnings From Equity Investments	-	-	-	163.29	-
Currency Exchange Gain (Loss)	138.11	2,764	683.12	1,369	892.09
Other Non Operating Income (Expenses)	113.75	575.14	953.93	-1,450	-1,020
EBT Excluding Unusual Items	449.25	6,430	10,793	10,130	-6,302
Gain (Loss) on Sale of Assets	1,357	2,852	396	29.65	-987.17
Asset Writedown	-	-	-1,866	-1,351	-3,971
Other Unusual Items	-27.64	-72.69	-	-	-
Pretax Income	1,850	9,209	9,323	8,808	-11,260
Income Tax Expense	-16.92	2,524	1,564	1,595	-2,584
Earnings From Continuing Operations	1,867	6,686	7,759	7,214	-8,676
Minority Interest in Earnings	-398.14	-449.41	-287.08	-336.48	79.87
Net Income	1,469	6,236	7,472	6,877	-8,596
Net Income to Common	1,469	6,236	7,472	6,877	-8,596
Net Income Growth	-76.45%	-16.54%	8.65%	-	-
Shares Outstanding (Basic)	33	31	31	30	30
Shares Outstanding (Diluted)	33	34	33	30	30
Shares Change (YoY)	-4.23%	2.00%	12.65%	0.22%	-
EPS (Basic)	45.00	198.00	239.43	231.90	-290.49
EPS (Diluted)	45.00	183.00	223.10	231.90	-290.49
EPS Growth	-75.41%	-17.97%	-3.79%	-	-
Free Cash Flow	625.59	18,274	25,271	12,182	-11,332
Free Cash Flow Per Share	19.17	536.24	756.41	410.80	-382.93
Gross Margin	12.53%	15.16%	19.45%	26.00%	10.45%
Operating Margin	2.78%	5.95%	8.51%	8.22%	-2.20%
Profit Margin	1.16%	4.47%	4.19%	3.88%	-5.64%
Free Cash Flow Margin	0.49%	13.11%	14.18%	6.87%	-7.43%
EBITDA	12,533	16,964	23,467	22,373	5,409
EBITDA Margin	9.90%	12.17%	13.17%	12.61%	3.55%
D&A For EBITDA	9,013	8,675	8,299	7,793	8,762
EBIT	3,520	8,289	15,168	14,580	-3,353
EBIT Margin	2.78%	5.95%	8.51%	8.22%	-2.20%
Effective Tax Rate	-	27.40%	16.78%	18.11%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.