Hankook & Company Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,132,370	1,142,676	1,071,169	895,329	907,301	799,827
Other Revenue	314,876	314,876	319,826	194,339	188,595	163,473
Revenue	1,447,246	1,457,552	1,390,996	1,089,668	1,095,896	963,300
Revenue Growth (YoY)	1.14%	4.78%	27.65%	-0.57%	13.76%	17.59%
Cost of Revenue	911,060	917,742	859,938	731,283	754,022	636,374
Gross Profit	536,186	539,810	531,058	358,385	341,873	326,926
Selling, General & Admin	110,950	109,962	95,901	87,684	81,650	84,539
Research & Development	9,391	9,050	7,549	6,031	6,321	5,669
Amortization of Goodwill & Intangibles	1,989	1,895	1,728	1,568	1,400	1,293
Other Operating Expenses	2,492	2,293	2,388	1,774	2,096	2,025
Operating Expenses	128,268	126,184	113,176	101,821	96,425	101,821
Operating Income	407,918	413,626	417,882	256,563	245,449	225,105
Interest Expense	-5,839	-7,955	-17,136	-14,345	-4,031	-1,961
Interest & Investment Income	3,930	4,097	8,648	6,453	6,773	5,209
Earnings From Equity Investments	-8,379	-8,386	-4,198	-36,456	-	-
Currency Exchange Gain (Loss)	13,447	254.44	8,100	2,440	7,733	6,684
Other Non Operating Income (Expenses)	-8,374	-10,068	-23,155	-2,703	-4,605	-4,603
EBT Excluding Unusual Items	402,704	391,569	390,142	211,953	251,319	230,434
Gain (Loss) on Sale of Investments	-1,751	-1,879	1,077	-7,218	-5,555	1,728
Gain (Loss) on Sale of Assets	-1,224	-2,419	95.55	822.54	1,353	716.98
Asset Writedown	-32.5	-32.5	-22.75	46.85	157.72	-5,139
Pretax Income	399,696	387,238	391,292	205,604	247,275	227,740
Income Tax Expense	43,217	40,009	40,579	18,370	83,416	26,739
Earnings From Continuing Operations	356,479	347,229	350,713	187,234	163,860	201,001
Earnings From Discontinued Operations	-	-	-	-	2,169	-989.64
Net Income to Company	356,479	347,229	350,713	187,234	166,028	200,011
Minority Interest in Earnings	-	-	-	-	-	-2,849
Net Income	356,479	347,229	350,713	187,234	166,028	197,162
Net Income to Common	356,479	347,229	350,713	187,234	166,028	197,162
Net Income Growth	1.25%	-0.99%	87.31%	12.77%	-15.79%	45.39%
Shares Outstanding (Basic)	95	95	95	95	95	94
Shares Outstanding (Diluted)	95	95	95	95	95	94
Shares Change (YoY)	0.02%	-	-0.07%	-0.16%	0.83%	2.68%
EPS (Basic)	3763.09	3665.92	3702.70	1975.36	1748.88	2094.00
EPS (Diluted)	3763.09	3665.92	3702.70	1975.36	1748.88	2094.00
EPS Growth	1.23%	-0.99%	87.44%	12.95%	-16.48%	41.59%
Free Cash Flow	213,873	208,975	112,501	9,900	-11,466	-7,627
Free Cash Flow Per Share	2257.70	2206.28	1187.75	104.45	-120.77	-81.00
Dividend Per Share	1100.000	1100.000	-	-	-	-
Gross Margin	37.05%	37.04%	38.18%	32.89%	31.20%	33.94%
Operating Margin	28.19%	28.38%	30.04%	23.54%	22.40%	23.37%
Profit Margin	24.63%	23.82%	25.21%	17.18%	15.15%	20.47%
Free Cash Flow Margin	14.78%	14.34%	8.09%	0.91%	-1.05%	-0.79%
EBITDA	442,939	449,438	453,804	290,599	277,194	256,416
EBITDA Margin	30.61%	30.84%	32.62%	26.67%	25.29%	26.62%
D&A For EBITDA	35,021	35,812	35,922	34,036	31,745	31,311
EBIT	407,918	413,626	417,882	256,563	245,449	225,105
EBIT Margin	28.19%	28.38%	30.04%	23.54%	22.40%	23.37%
Effective Tax Rate	10.81%	10.33%	10.37%	8.93%	33.73%	11.74%
Advertising Expenses	-	8,138	7,943	7,218	6,656	4,944