Heng Sheng Holding Group Limited (KOSDAQ:900270)

Heng Sheng Holding Group 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	112,499	117,133	88,220	131,602	121,845	143,492
Other Revenue	0	-	0	-	-	-0
Revenue	112,499	117,133	88,220	131,602	121,845	143,492
Revenue Growth (YoY)	25.29%	32.77%	-32.97%	8.01%	-15.09%	-35.14%
Cost of Revenue	96,491	98,113	75,883	106,317	102,340	123,097
Gross Profit	16,008	19,021	12,336	25,285	19,505	20,395
Selling, General & Admin	10,612	9,796	9,872	19,574	14,106	13,123
Other Operating Expenses	1,048	1,044	1,023	1,104	1,032	1,112
Operating Expenses	12,353	11,666	11,691	20,953	16,552	15,391
Operating Income	3,655	7,355	644.94	4,332	2,952	5,004
Interest Expense	-2,662	-2,371	-2,166	-2,539	-2,123	-2,057
Interest & Investment Income	292.24	368.19	498.24	791.57	679.4	631.67
Currency Exchange Gain (Loss)	-1,005	-2,039	-396.29	-2,813	898.84	1,793
Other Non Operating Income (Expenses)	2,244	1,584	1,510	2,498	2,610	2,417
EBT Excluding Unusual Items	2,524	4,898	91.7	2,270	5,018	7,789
Gain (Loss) on Sale of Investments	25.27	10.83	-	-2,250	595.95	-
Gain (Loss) on Sale of Assets	-39.33	-39.33	-	-158.04	-	-
Pretax Income	2,510	4,869	91.7	-137.63	5,614	7,789
Income Tax Expense	1,183	1,981	222.03	1,817	5,003	2,659
Earnings From Continuing Operations	1,328	2,888	-130.34	-1,955	610.69	5,130
Earnings From Discontinued Operations	-522.95	-549.61	-698.96	-	-	-
Net Income to Company	804.87	2,338	-829.29	-1,955	610.69	5,130
Net Income	804.87	2,338	-829.29	-1,955	610.69	5,130
Net Income to Common	804.87	2,338	-829.29	-1,955	610.69	5,130
Net Income Growth	-73.90%	-	-	-	-88.10%	-84.25%
Shares Outstanding (Basic)	158	141	86	82	80	80
Shares Outstanding (Diluted)	160	141	86	82	80	80
Shares Change (YoY)	46.74%	63.56%	4.76%	2.80%	-	-
EPS (Basic)	5.09	16.59	-9.63	-23.77	7.63	64.13
EPS (Diluted)	5.02	16.59	-9.63	-23.77	7.63	64.13
EPS Growth	-81.73%	-	-	-	-88.10%	-84.25%
Free Cash Flow	13,491	3,210	-1,137	10,785	25,248	16,708
Free Cash Flow Per Share	84.11	22.78	-13.19	131.15	315.60	208.85
Gross Margin	14.23%	16.24%	13.98%	19.21%	16.01%	14.21%
Operating Margin	3.25%	6.28%	0.73%	3.29%	2.42%	3.49%
Profit Margin	0.71%	2.00%	-0.94%	-1.49%	0.50%	3.57%
Free Cash Flow Margin	11.99%	2.74%	-1.29%	8.20%	20.72%	11.64%
EBITDA	9,953	13,406	6,092	9,467	9,345	10,088
EBITDA Margin	8.85%	11.45%	6.91%	7.19%	7.67%	7.03%
D&A For EBITDA	6,298	6,051	5,447	5,134	6,393	5,085
EBIT	3,655	7,355	644.94	4,332	2,952	5,004
EBIT Margin	3.25%	6.28%	0.73%	3.29%	2.42%	3.49%
Effective Tax Rate	47.11%	40.69%	242.14%	-	89.12%	34.14%
Advertising Expenses	-	4,255	4,147	5,635	5,189	6,077

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