Hankook & Company Co., Ltd. (KRX: 000240)

Hankook & Company Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	994,161	895,329	907,301	799,827	735,276	769,767
Other Revenue	333,821	194,339	188,595	163,473	83,900	77,843
Revenue	1,327,982	1,089,668	1,095,896	963,300	819,176	847,610
Revenue Growth (YoY)	33.96%	-0.57%	13.76%	17.59%	-3.35%	-0.04%
Cost of Revenue	792,024	731,283	754,022	636,374	578,015	588,929
Gross Profit	535,958	358,385	341,873	326,926	241,161	258,681
Selling, General & Admin	90,809	87,684	81,650	84,539	67,718	67,562
Research & Development	6,529	6,031	6,321	5,669	5,093	5,588
Other Operating Expenses	2,271	1,774	2,096	2,025	1,355	1,743
Operating Expenses	106,116	101,821	96,425	101,821	83,403	87,805
Operating Income	429,841	256,563	245,449	225,105	157,758	170,876
Interest Expense	-17,997	-14,345	-4,031	-1,961	-2,598	-3,211
Interest & Investment Income	7,259	6,453	6,773	5,209	5,194	6,690
Earnings From Equity Investments	-36,642	-36,456	-	-	-	-
Currency Exchange Gain (Loss)	3,748	2,440	7,733	6,684	-7,109	1,512
Other Non Operating Income (Expenses)	-5,544	-2,703	-4,605	-4,603	26,362	21,374
EBT Excluding Unusual Items	380,665	211,953	251,319	230,434	179,607	197,241
Gain (Loss) on Sale of Investments	-5,179	-7,218	-5,555	1,728	827.72	2,369
Gain (Loss) on Sale of Assets	498.98	822.54	1,353	716.98	-1,110	-208.86
Asset Writedown	46.85	46.85	157.72	-5,139	-7,432	-2,695
Pretax Income	376,032	205,604	247,275	227,740	171,892	196,706
Income Tax Expense	34,945	18,370	83,416	26,739	24,867	26,101
Earnings From Continuing Operations	341,087	187,234	163,860	201,001	147,026	170,605
Earnings From Discontinued Operations	-	-	2,169	-989.64	-1,268	-
Net Income to Company	341,087	187,234	166,028	200,011	145,758	170,605
Minority Interest in Earnings	-	-	-	-2,849	-10,147	-11,954
Net Income	341,087	187,234	166,028	197,162	135,610	158,651
Net Income to Common	341,087	187,234	166,028	197,162	135,610	158,651
Net Income Growth	267.00%	12.77%	-15.79%	45.39%	-14.52%	-19.45%
Shares Outstanding (Basic)	95	95	95	94	92	92
Shares Outstanding (Diluted)	95	95	95	94	92	92
Shares Change (YoY)	-0.19%	-0.16%	0.83%	2.68%	-	-
EPS (Basic)	3601.09	1975.36	1748.88	2094.00	1478.93	1730.21
EPS (Diluted)	3600.74	1975.36	1748.88	2094.00	1478.93	1730.21
EPS Growth	267.69%	12.95%	-16.48%	41.59%	-14.52%	-19.45%
Free Cash Flow	57,575	9,900	-11,466	-7,627	98,563	-4,548
Free Cash Flow Per Share	607.86	104.45	-120.77	-81.00	1074.90	-49.60
Dividend Per Share	700.000	700.000	-	-	-	-
Gross Margin	40.36%	32.89%	31.20%	33.94%	29.44%	30.52%
Operating Margin	32.37%	23.55%	22.40%	23.37%	19.26%	20.16%
Profit Margin	25.68%	17.18%	15.15%	20.47%	16.55%	18.72%
Free Cash Flow Margin	4.34%	0.91%	-1.05%	-0.79%	12.03%	-0.54%
EBITDA	465,620	290,599	277,194	256,416	185,444	201,307
EBITDA Margin	35.06%	26.67%	25.29%	26.62%	22.64%	23.75%
D&A For EBITDA	35,779	34,036	31,745	31,311	27,686	30,431
EBIT	429,841	256,563	245,449	225,105	157,758	170,876
EBIT Margin	32.37%	23.55%	22.40%	23.37%	19.26%	20.16%
Effective Tax Rate	9.29%	8.93%	33.73%	11.74%	14.47%	13.27%
Advertising Expenses	-	7,218	6,656	4,944	4,811	7,865

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