Shin Heung Energy & Electronics Co.,Ltd. (KOSDAQ:243840)

KOSDAQ:243840 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	377,050	432,831	539,852	477,825	366,253	280,068
Other Revenue	-0	-0	-	-	-	-0
Revenue	377,050	432,831	539,852	477,825	366,253	280,068
Revenue Growth (YoY)	-31.71%	-19.82%	12.98%	30.46%	30.77%	16.94%
Cost of Revenue	350,005	383,327	454,798	408,869	302,280	229,589
Gross Profit	27,045	49,504	85,054	68,956	63,974	50,480
Selling, General & Admin	29,640	31,853	31,862	30,712	25,534	17,454
Research & Development	1,019	1,289	3,030	3,307	3,477	3,824
Amortization of Goodwill & Intangibles	176.2	125.21	102.11	116.97	150.54	141.89
Other Operating Expenses	-920.69	918.01	4,581	2,737	2,884	1,399
Operating Expenses	32,661	36,582	41,402	37,941	32,905	23,829
Operating Income	-5,616	12,922	43,652	31,015	31,069	26,651
Interest Expense	-18,982	-18,372	-15,246	-5,381	-4,039	-4,639
Interest & Investment Income	1,014	1,244	2,558	363.88	286.47	314.8
Earnings From Equity Investments	-	-	379.76	-	-	-
Currency Exchange Gain (Loss)	26,770	26,770	4,132	-1,870	2,912	126.38
Other Non Operating Income (Expenses)	-13,693	-111.09	210.6	248.17	1,814	-2,542
EBT Excluding Unusual Items	-10,508	22,453	35,686	24,376	32,042	19,911
Gain (Loss) on Sale of Assets	-94.23	-94.23	-172.73	-541.58	-333.04	-114.86
Asset Writedown	-	-	-	-	-736.85	-1,478
Other Unusual Items	111.28	111.28	-	25.6	20.16	108.65
Pretax Income	-10,491	22,470	35,513	23,860	30,993	18,479
Income Tax Expense	-288.65	510.47	4,577	4,261	4,333	169.74
Net Income	-10,202	21,959	30,936	19,599	26,660	18,309
Preferred Dividends & Other Adjustments	441.77	441.77	575.64	441.77	441.77	-
Net Income to Common	-10,644	21,517	30,360	19,157	26,218	18,309
Net Income Growth	-	-29.02%	57.84%	-26.48%	45.61%	14.22%
Shares Outstanding (Basic)	39	39	39	39	37	34
Shares Outstanding (Diluted)	39	47	47	46	40	38
Shares Change (YoY)	-17.38%	-0.14%	2.44%	13.98%	5.50%	-3.20%
EPS (Basic)	-275.73	554.81	781.47	493.54	709.21	537.72
EPS (Diluted)	-275.73	470.64	662.34	430.07	670.95	504.48
EPS Growth	-	-28.94%	54.01%	-35.90%	33.00%	16.04%
Free Cash Flow	-5,125	-20,616	-112,268	-89,694	-71,590	-21,776
Free Cash Flow Per Share	-132.75	-441.85	-2402.73	-1966.44	-1788.89	-574.04
Dividend Per Share	66.000	66.000	-	-	-	-
Gross Margin	7.17%	11.44%	15.75%	14.43%	17.47%	18.02%
Operating Margin	-1.49%	2.99%	8.09%	6.49%	8.48%	9.52%
Profit Margin	-2.82%	4.97%	5.62%	4.01%	7.16%	6.54%
Free Cash Flow Margin	-1.36%	-4.76%	-20.80%	-18.77%	-19.55%	-7.78%
EBITDA	58,373	70,333	88,557	67,356	57,589	48,344
EBITDA Margin	15.48%	16.25%	16.40%	14.10%	15.72%	17.26%
D&A For EBITDA	63,990	57,410	44,905	36,341	26,520	21,693
EBIT	-5,616	12,922	43,652	31,015	31,069	26,651
EBIT Margin	-1.49%	2.99%	8.09%	6.49%	8.48%	9.52%
Effective Tax Rate	-	2.27%	12.89%	17.86%	13.98%	0.92%
Advertising Expenses	-	69.29	78.27	53.05	70.09	78.14

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