Samhwa Paints Industrial Co., Ltd. (KRX:000390)

Samhwa Paints Industrial 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	620,732	628,001	630,797	644,955	630,387	550,532
Other Revenue	346.89	346.89	584.51	1,084	1,219	1,187
Revenue	621,079	628,348	631,382	646,040	631,606	551,719
Revenue Growth (YoY)	-2.18%	-0.48%	-2.27%	2.28%	14.48%	2.12%
Cost of Revenue	490,623	505,662	500,057	526,974	537,019	446,751
Gross Profit	130,456	122,686	131,325	119,066	94,587	104,968
Selling, General & Admin	115,302	95,638	97,734	91,807	86,981	82,927
Amortization of Goodwill & Intangibles	416.28	323	344.4	442.31	780.74	831.84
Other Operating Expenses	2,964	2,798	1,850	1,845	1,706	1,701
Operating Expenses	125,521	104,086	105,608	101,445	93,758	89,949
Operating Income	4,934	18,600	25,717	17,621	829.23	15,019
Interest Expense	-6,721	-7,375	-7,901	-6,366	-4,869	-5,018
Interest & Investment Income	5,166	2,819	1,181	590.85	712.99	652.91
Earnings From Equity Investments	210.84	1,741	100.96	42.44	174.74	235.13
Currency Exchange Gain (Loss)	423.48	1,603	378.52	173.92	1,483	-1,340
Other Non Operating Income (Expenses)	5,111	4,385	2,328	550.62	1,033	-1,255
EBT Excluding Unusual Items	9,125	21,773	21,804	12,612	-635.36	8,293
Impairment of Goodwill	-295.32	-295.32	-	-1,180	-	-
Gain (Loss) on Sale of Investments	56.62	56.62	-	-8.5	-	-45.52
Gain (Loss) on Sale of Assets	3,147	84.06	48.49	1,226	-167.85	257.64
Asset Writedown	30	-5	-3,208	-1,978	-343.99	99.54
Other Unusual Items	-	-	480.01	-	-	290.15
Pretax Income	12,063	21,614	19,134	10,672	-1,141	8,895
Income Tax Expense	4,032	6,140	3,004	5,174	1,285	2,412
Earnings From Continuing Operations	8,032	15,473	16,131	5,498	-2,426	6,483
Minority Interest in Earnings	108.22	-8.1	31.1	103.27	-21.97	68.2
Net Income	8,140	15,465	16,162	5,601	-2,448	6,551
Net Income to Common	8,140	15,465	16,162	5,601	-2,448	6,551
Net Income Growth	-41.16%	-4.31%	188.54%	-	-	73.51%
Shares Outstanding (Basic)	25	24	24	24	23	22
Shares Outstanding (Diluted)	25	24	24	24	23	24
Shares Change (YoY)	4.27%	-0.52%	0.74%	0.46%	-2.80%	6.69%
EPS (Basic)	331.06	654.17	685.09	237.44	-104.23	293.79
EPS (Diluted)	330.89	654.00	683.71	237.00	-104.23	292.16
EPS Growth	-43.60%	-4.35%	188.48%	-	-	75.22%
Free Cash Flow	-3,769	18,667	36,813	13,748	-61,108	18,315
Free Cash Flow Per Share	-153.30	789.59	1549.07	582.79	-2602.32	758.10
Dividend Per Share	350.000	350.000	400.000	250.000	100.000	150.000
Dividend Growth	-12.50%	-12.50%	60.00%	150.00%	-33.33%	20.00%
Gross Margin	21.00%	19.53%	20.80%	18.43%	14.98%	19.03%
Operating Margin	0.79%	2.96%	4.07%	2.73%	0.13%	2.72%
Profit Margin	1.31%	2.46%	2.56%	0.87%	-0.39%	1.19%
Free Cash Flow Margin	-0.61%	2.97%	5.83%	2.13%	-9.68%	3.32%
EBITDA	21,339	34,967	43,108	34,679	17,916	31,107
EBITDA Margin	3.44%	5.56%	6.83%	5.37%	2.84%	5.64%
D&A For EBITDA	16,404	16,367	17,391	17,058	17,087	16,088
EBIT	4,934	18,600	25,717	17,621	829.23	15,019
EBIT Margin	0.79%	2.96%	4.07%	2.73%	0.13%	2.72%
Effective Tax Rate	33.42%	28.41%	15.70%	48.48%	-	27.12%
Advertising Expenses	-	6,176	6,563	4,327	6,525	5,920

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