Sangshin Electronics 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	130,262	124,972	109,704	111,345	102,968	86,519
Other Revenue	-0	-0	-0	-0	-0	-
Revenue	130,262	124,972	109,704	111,345	102,968	86,519
Revenue Growth (YoY)	10.09%	13.92%	-1.47%	8.13%	19.01%	5.54%
Cost of Revenue	117,260	113,846	100,047	102,830	94,173	76,470
Gross Profit	13,002	11,125	9,657	8,514	8,795	10,049
Selling, General & Admin	6,792	6,776	6,166	6,001	5,955	5,255
Research & Development	1,682	1,562	1,414	1,367	1,170	1,299
Operating Expenses	9,146	9,005	8,113	7,673	7,433	7,018
Operating Income	3,856	2,120	1,544	840.93	1,361	3,031
Interest Expense	-930.38	-1,171	-1,133	-721.41	-450.82	-392.49
Interest & Investment Income	386.6	372.18	233.5	241.07	83.2	108.51
Earnings From Equity Investments	96.81	-	-	-	121.38	-
Currency Exchange Gain (Loss)	365.95	1,760	39.65	281.38	1,126	-371.31
Other Non Operating Income (Expenses)	32.16	-18.7	-8.43	-6,313	-9.82	28.03
EBT Excluding Unusual Items	3,807	3,063	675.59	-5,671	2,231	2,404
Gain (Loss) on Sale of Assets	-0.52	1.54	-73.73	-41.72	-0.2	-1.26
Asset Writedown	-	-	-28.64	-	-	-
Pretax Income	3,807	3,064	2,578	1,288	2,231	2,403
Income Tax Expense	867.02	659.04	339.26	162.97	157.19	328.17
Net Income	2,940	2,405	2,238	1,125	2,074	2,074
Net Income to Common	2,940	2,405	2,238	1,125	2,074	2,074
Net Income Growth	32.32%	7.47%	99.01%	-45.77%	-0.02%	-17.12%
Shares Outstanding (Basic)	15	14	14	14	14	14
Shares Outstanding (Diluted)	15	14	14	14	14	14
Shares Change (YoY)	4.43%	-	-	-	-	-0.01%
EPS (Basic)	198.03	168.91	157.17	78.98	145.63	145.66
EPS (Diluted)	198.03	168.91	157.00	78.98	145.63	145.66
EPS Growth	26.85%	7.58%	98.80%	-45.77%	-0.02%	-17.11%
Free Cash Flow	7,755	388.34	1,777	-6,391	-4,558	-3,128
Free Cash Flow Per Share	522.40	27.27	124.80	-448.74	-320.06	-219.62
Gross Margin	9.98%	8.90%	8.80%	7.65%	8.54%	11.62%
Operating Margin	2.96%	1.70%	1.41%	0.76%	1.32%	3.50%
Profit Margin	2.26%	1.93%	2.04%	1.01%	2.01%	2.40%
Free Cash Flow Margin	5.95%	0.31%	1.62%	-5.74%	-4.43%	-3.62%
EBITDA	5,946	4,108	3,359	2,059	2,558	4,206
EBITDA Margin	4.57%	3.29%	3.06%	1.85%	2.48%	4.86%
D&A For EBITDA	2,090	1,988	1,815	1,218	1,196	1,175
EBIT	3,856	2,120	1,544	840.93	1,361	3,031
EBIT Margin	2.96%	1.70%	1.41%	0.76%	1.32%	3.50%
Effective Tax Rate	22.78%	21.51%	13.16%	12.66%	7.04%	13.66%

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