Hankook & Company 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	1,142,710	1,071,169	895,329	907,301	799,827	735,276
Other Revenue	271,847	319,826	194,339	188,595	163,473	83,900
Revenue	1,414,557	1,390,996	1,089,668	1,095,896	963,300	819,176
Revenue Growth (YoY)	0.18%	27.65%	-0.57%	13.76%	17.59%	-3.36%
Cost of Revenue	925,062	859,938	731,283	754,022	636,374	578,015
Gross Profit	489,495	531,058	358,385	341,873	326,926	241,161
Selling, General & Admin	103,336	95,901	87,684	81,650	84,539	67,718
Research & Development	8,169	7,549	6,031	6,321	5,669	5,093
Amortization of Goodwill & Intangibles	1,854	1,728	1,568	1,400	1,293	2,925
Other Operating Expenses	2,287	2,388	1,774	2,096	2,025	1,355
Operating Expenses	118,970	113,176	101,821	96,425	101,821	83,403
Operating Income	370,525	417,882	256,563	245,449	225,105	157,758
Interest Expense	-10,229	-17,136	-14,345	-4,031	-1,961	-2,598
Interest & Investment Income	6,638	8,648	6,453	6,773	5,209	5,194
Earnings From Equity Investments	-2,397	-4,198	-36,456	-	-	-
Currency Exchange Gain (Loss)	6,649	8,100	2,440	7,733	6,684	-7,109
Other Non Operating Income (Expenses)	-24,183	-23,155	-2,703	-4,605	-4,603	26,362
EBT Excluding Unusual Items	347,004	390,142	211,953	251,319	230,434	179,607
Gain (Loss) on Sale of Investments	-856.15	1,077	-7,218	-5,555	1,728	827.72
Gain (Loss) on Sale of Assets	-2,242	95.55	822.54	1,353	716.98	-1,110
Asset Writedown	-22.75	-22.75	46.85	157.72	-5,139	-7,432
Pretax Income	343,883	391,292	205,604	247,275	227,740	171,892
Income Tax Expense	34,690	40,579	18,370	83,416	26,739	24,867
Earnings From Continuing Operations	309,193	350,713	187,234	163,860	201,001	147,026
Earnings From Discontinued Operations	-	-	-	2,169	-989.64	-1,268
Net Income to Company	309,193	350,713	187,234	166,028	200,011	145,758
Minority Interest in Earnings	-	-	-	-	-2,849	-10,147
Net Income	309,193	350,713	187,234	166,028	197,162	135,610
Net Income to Common	309,193	350,713	187,234	166,028	197,162	135,610
Net Income Growth	-16.56%	87.31%	12.77%	-15.79%	45.39%	-14.52%
Shares Outstanding (Basic)	95	95	95	95	94	92
Shares Outstanding (Diluted)	95	95	95	95	94	92
Shares Change (YoY)	-	-0.07%	-0.16%	0.83%	2.68%	-
EPS (Basic)	3264.35	3702.70	1975.36	1748.88	2094.00	1478.93
EPS (Diluted)	3264.35	3702.70	1975.36	1748.88	2094.00	1478.93
EPS Growth	-16.55%	87.44%	12.95%	-16.48%	41.59%	-14.52%
Free Cash Flow	248,789	112,501	9,900	-11,466	-7,627	98,563
Free Cash Flow Per Share	2626.62	1187.75	104.45	-120.77	-81.00	1074.90
Dividend Per Share	1300.000	1000.000	-	-	-	-
Gross Margin	34.60%	38.18%	32.89%	31.20%	33.94%	29.44%
Operating Margin	26.19%	30.04%	23.54%	22.40%	23.37%	19.26%
Profit Margin	21.86%	25.21%	17.18%	15.15%	20.47%	16.55%
Free Cash Flow Margin	17.59%	8.09%	0.91%	-1.05%	-0.79%	12.03%
EBITDA	406,617	453,804	290,599	277,194	256,416	185,444
EBITDA Margin	28.74%	32.62%	26.67%	25.29%	26.62%	22.64%
D&A For EBITDA	36,092	35,922	34,036	31,745	31,311	27,686
EBIT	370,525	417,882	256,563	245,449	225,105	157,758
EBIT Margin	26.19%	30.04%	23.54%	22.40%	23.37%	19.26%
Effective Tax Rate	10.09%	10.37%	8.93%	33.73%	11.74%	14.47%
Advertising Expenses	-	7,943	7,218	6,656	4,944	4,811

Source: S&P Global Market Intelligence. Standard template. Financial Sources.