Shinsung Delta Tech 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	Mar '26 Mar 31, 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	962,539	945,364	881,982	833,704	793,424	737,488
Other Revenue	-0	-0	-	-	-0	-0
Revenue	962,539	945,364	881,982	833,704	793,424	737,488
Revenue Growth (YoY)	4.78%	7.19%	5.79%	5.08%	7.58%	49.57%
Cost of Revenue	868,665	850,344	795,730	736,845	704,046	646,438
Gross Profit	93,874	95,020	86,252	96,859	89,378	91,050
Selling, General & Admin	54,884	51,590	43,198	51,448	45,347	42,218
Research & Development	13,962	14,204	11,307	11,907	8,197	9,679
Amortization of Goodwill & Intangibles	-	-	-	9.11	9.48	24.06
Other Operating Expenses	1,379	1,308	1,234	1,811	1,459	1,034
Operating Expenses	72,530	69,482	57,898	68,445	57,353	56,011
Operating Income	21,344	25,538	28,354	28,414	32,025	35,039
Interest Expense	-13,726	-13,375	-13,826	-13,075	-6,932	-4,151
Interest & Investment Income	1,446	1,355	1,372	1,187	575.28	370.46
Earnings From Equity Investments	9,313	8,386	-1,887	1,453	30.68	8,909
Currency Exchange Gain (Loss)	12,698	9,142	-9,006	7,748	3,094	-231.36
Other Non Operating Income (Expenses)	920.67	1,695	3,817	4,285	2,136	2,087
EBT Excluding Unusual Items	31,996	32,740	8,824	30,013	30,929	42,023
Gain (Loss) on Sale of Investments	675.78	480.89	8,377	1,155	2,292	792.43
Gain (Loss) on Sale of Assets	-2,210	-1,849	935.88	-825.92	-3,030	773.48
Asset Writedown	-425.11	-293.96	-5,091	-1,979	-732.89	-996.54
Pretax Income	30,037	31,078	13,046	28,362	29,458	42,592
Income Tax Expense	7,205	7,390	6,784	8,302	5,538	9,904
Earnings From Continuing Operations	22,832	23,688	6,262	20,061	23,920	32,688
Earnings From Discontinued Operations	518.79	518.79	1,188	-	-	-
Net Income to Company	23,351	24,207	7,450	20,061	23,920	32,688
Minority Interest in Earnings	-487.5	-2,491	-8,445	-7,531	-6,992	-8,175
Net Income	22,864	21,716	-994.54	12,529	16,927	24,514
Net Income to Common	22,864	21,716	-994.54	12,529	16,927	24,514
Net Income Growth	-	-	-	-25.98%	-30.95%	182.81%
Shares Outstanding (Basic)	27	27	27	27	27	27
Shares Outstanding (Diluted)	27	27	27	27	27	27
Shares Change (YoY)	1.69%	1.36%	-0.59%	0.21%	-	1.35%
EPS (Basic)	836.78	797.08	-37.00	463.36	627.31	908.45
EPS (Diluted)	836.78	797.08	-37.00	463.00	627.00	908.00
EPS Growth	-	-	-	-26.16%	-30.95%	178.91%
Free Cash Flow	-100,552	-80,092	-30,542	2,028	-54,775	-14,613
Free Cash Flow Per Share	-3680.06	-2939.78	-1136.25	75.00	-2029.92	-541.53
Gross Margin	9.75%	10.05%	9.78%	11.62%	11.27%	12.35%
Operating Margin	2.22%	2.70%	3.21%	3.41%	4.04%	4.75%
Profit Margin	2.38%	2.30%	-0.11%	1.50%	2.13%	3.32%
Free Cash Flow Margin	-10.45%	-8.47%	-3.46%	0.24%	-6.90%	-1.98%
EBITDA	49,853	53,087	51,607	48,062	48,879	49,732
EBITDA Margin	5.18%	5.62%	5.85%	5.76%	6.16%	6.74%
D&A For EBITDA	28,509	27,549	23,254	19,648	16,854	14,694
EBIT	21,344	25,538	28,354	28,414	32,025	35,039
EBIT Margin	2.22%	2.70%	3.21%	3.41%	4.04%	4.75%
Effective Tax Rate	23.99%	23.78%	52.00%	29.27%	18.80%	23.25%
Advertising Expenses	-	227.55	188.7	127.63	110.78	157.69