Cheryong Electric Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	231,077	262,736	183,941	86,061	48,783	44,196
Other Revenue	-0	-0	-	-0	-	-
Revenue	231,077	262,736	183,941	86,061	48,783	44,196
Revenue Growth (YoY)	-16.80%	42.84%	113.73%	76.42%	10.38%	-2.25%
Cost of Revenue	112,102	126,959	92,783	53,759	41,175	35,469
Gross Profit	118,975	135,777	91,159	32,302	7,608	8,727
Selling, General & Admin	46,670	37,325	19,486	14,271	5,562	3,634
Research & Development	388.7	524.52	895.24	1,521	1,001	1,007
Amortization of Goodwill & Intangibles	91.93	60.74	53.71	68	86.63	85.41
Other Operating Expenses	168.7	95.33	138.31	100.09	93.19	89.51
Operating Expenses	47,267	37,932	21,007	16,319	7,491	4,948
Operating Income	71,708	97,845	70,152	15,983	117.08	3,779
Interest Expense	-34.06	-28.43	-8.34	-6.45	-8.05	-18.14
Interest & Investment Income	4,156	3,267	788.56	338.04	312.88	371.27
Currency Exchange Gain (Loss)	1,038	2,323	576.28	-980.06	408.47	-344.26
Other Non Operating Income (Expenses)	-1,604	-1,744	-511.37	-114.94	32.55	-31.28
EBT Excluding Unusual Items	75,264	101,662	70,997	15,220	862.94	3,757
Gain (Loss) on Sale of Investments	1,578	1,150	870.86	316.73	215.79	172.04
Gain (Loss) on Sale of Assets	8.89	16.26	0.64	-	0.64	0.82
Pretax Income	76,850	102,829	71,869	15,537	1,079	3,929
Income Tax Expense	16,503	22,908	15,485	3,057	-94.11	404.21
Net Income	60,347	79,921	56,384	12,480	1,173	3,525
Net Income to Common	60,347	79,921	56,384	12,480	1,173	3,525
Net Income Growth	-31.70%	41.74%	351.80%	963.50%	-66.71%	-36.86%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	-	-	-	0.00%	0.00%	-
EPS (Basic)	3757.05	4975.67	3510.30	776.96	73.06	219.48
EPS (Diluted)	3757.05	4975.67	3510.30	776.96	73.06	219.48
EPS Growth	-31.70%	41.74%	351.80%	963.49%	-66.71%	-36.86%
Free Cash Flow	60,114	93,460	37,500	-17,607	7,207	6,324
Free Cash Flow Per Share	3742.52	5818.54	2334.62	-1096.18	448.68	393.75
Gross Margin	51.49%	51.68%	49.56%	37.53%	15.60%	19.74%
Operating Margin	31.03%	37.24%	38.14%	18.57%	0.24%	8.55%
Profit Margin	26.12%	30.42%	30.65%	14.50%	2.40%	7.98%
Free Cash Flow Margin	26.02%	35.57%	20.39%	-20.46%	14.77%	14.31%
EBITDA	73,516	99,374	71,525	17,433	2,315	6,155
EBITDA Margin	31.81%	37.82%	38.88%	20.26%	4.75%	13.93%
D&A For EBITDA	1,808	1,529	1,373	1,449	2,198	2,376
EBIT	71,708	97,845	70,152	15,983	117.08	3,779
EBIT Margin	31.03%	37.24%	38.14%	18.57%	0.24%	8.55%
Effective Tax Rate	21.47%	22.28%	21.55%	19.67%	-	10.29%
Advertising Expenses	-	420.52	60.82	159.17	11.42	35.32

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