Hankook & Company Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Operating Revenue	1,051,702	895,329	907,301	799,827	735,276	769,767	Upgrade
Other Revenue	360,365	194,339	188,595	163,473	83,900	77,843	Upgrade
Revenue	1,412,067	1,089,668	1,095,896	963,300	819,176	847,610	Upgrade
Revenue Growth (YoY)	40.58%	-0.57%	13.76%	17.59%	-3.35%	-0.04%	Upgrade
Cost of Revenue	837,141	731,283	754,022	636,374	578,015	588,929	Upgrade
Gross Profit	574,926	358,385	341,873	326,926	241,161	258,681	Upgrade
Selling, General & Admin	91,087	87,684	81,650	84,539	67,718	67,562	Upgrade
Research & Development	6,685	6,031	6,321	5,669	5,093	5,588	Upgrade
Other Operating Expenses	2,296	1,774	2,096	2,025	1,355	1,743	Upgrade
Operating Expenses	107,036	101,821	96,425	101,821	83,403	87,805	Upgrade
Operating Income	467,890	256,563	245,449	225,105	157,758	170,876	Upgrade
Interest Expense	-18,730	-14,345	-4,031	-1,961	-2,598	-3,211	Upgrade
Interest & Investment Income	7,358	6,453	6,773	5,209	5,194	6,690	Upgrade
Earnings From Equity Investments	-36,642	-36,456	-	-	-	-	Upgrade
Currency Exchange Gain (Loss)	-5,877	2,440	7,733	6,684	-7,109	1,512	Upgrade
Other Non Operating Income (Expenses)	-122	-2,703	-4,605	-4,603	26,362	21,374	Upgrade
EBT Excluding Unusual Items	413,877	211,953	251,319	230,434	179,607	197,241	Upgrade
Gain (Loss) on Sale of Investments	-8,060	-7,218	-5,555	1,728	827.72	2,369	Upgrade
Gain (Loss) on Sale of Assets	190.38	822.54	1,353	716.98	-1,110	-208.86	Upgrade
Asset Writedown	46.85	46.85	157.72	-5,139	-7,432	-2,695	Upgrade
Pretax Income	406,053	205,604	247,275	227,740	171,892	196,706	Upgrade
Income Tax Expense	35,498	18,370	83,416	26,739	24,867	26,101	Upgrade
Earnings From Continuing Operations	370,555	187,234	163,860	201,001	147,026	170,605	Upgrade
Earnings From Discontinued Operations	-	-	2,169	-989.64	-1,268	-	Upgrade
Net Income to Company	370,555	187,234	166,028	200,011	145,758	170,605	Upgrade
Minority Interest in Earnings	-	-	-	-2,849	-10,147	-11,954	Upgrade
Net Income	370,555	187,234	166,028	197,162	135,610	158,651	Upgrade
Net Income to Common	370,555	187,234	166,028	197,162	135,610	158,651	Upgrade
Net Income Growth	240.25%	12.77%	-15.79%	45.39%	-14.52%	-19.45%	Upgrade
Shares Outstanding (Basic)	95	95	95	94	92	92	Upgrade
Shares Outstanding (Diluted)	95	95	95	94	92	92	Upgrade
Shares Change (YoY)	-0.09%	-0.16%	0.83%	2.68%	-	-	Upgrade
EPS (Basic)	3911.46	1975.36	1748.88	2094.00	1478.93	1730.21	Upgrade
EPS (Diluted)	3911.46	1975.36	1748.88	2094.00	1478.93	1730.21	Upgrade
EPS Growth	240.56%	12.95%	-16.48%	41.59%	-14.52%	-19.45%	Upgrade
Free Cash Flow	90,396	9,900	-11,466	-7,627	98,563	-4,548	Upgrade
Free Cash Flow Per Share	954.20	104.45	-120.77	-81.00	1074.90	-49.60	Upgrade
Dividend Per Share	700.000	700.000	-	-	-	-	Upgrade
Gross Margin	40.72%	32.89%	31.20%	33.94%	29.44%	30.52%	Upgrade
Operating Margin	33.14%	23.55%	22.40%	23.37%	19.26%	20.16%	Upgrade
Profit Margin	26.24%	17.18%	15.15%	20.47%	16.55%	18.72%	Upgrade
Free Cash Flow Margin	6.40%	0.91%	-1.05%	-0.79%	12.03%	-0.54%	Upgrade
EBITDA	503,856	290,599	277,194	256,416	185,444	201,307	Upgrade
EBITDA Margin	35.68%	26.67%	25.29%	26.62%	22.64%	23.75%	Upgrade
D&A For EBITDA	35,967	34,036	31,745	31,311	27,686	30,431	Upgrade
EBIT	467,890	256,563	245,449	225,105	157,758	170,876	Upgrade
EBIT Margin	33.13%	23.55%	22.40%	23.37%	19.26%	20.16%	Upgrade
Effective Tax Rate	8.74%	8.93%	33.73%	11.74%	14.47%	13.27%	Upgrade
Advertising Expenses	-	7,218	6,656	4,944	4,811	7,865	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.