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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	615,787	628,001	630,797	644,955	630,387	550,532
Other Revenue	274.06	346.89	584.51	1,084	1,219	1,187
Revenue	616,061	628,348	631,382	646,040	631,606	551,719
Revenue Growth (YoY)	-3.63%	-0.48%	-2.27%	2.28%	14.48%	2.12%
Cost of Revenue	491,910	505,662	500,057	526,974	537,019	446,751
Gross Profit	124,151	122,686	131,325	119,066	94,587	104,968
Selling, General & Admin	108,365	95,638	97,734	91,807	86,981	82,927
Other Operating Expenses	2,937	2,798	1,850	1,845	1,706	1,701
Operating Expenses	116,462	104,086	105,608	101,445	93,758	89,949
Operating Income	7,689	18,600	25,717	17,621	829.23	15,019
Interest Expense	-7,009	-7,375	-7,901	-6,366	-4,869	-5,018
Interest & Investment Income	5,279	2,819	1,181	590.85	712.99	652.91
Earnings From Equity Investments	697.64	1,741	100.96	42.44	174.74	235.13
Currency Exchange Gain (Loss)	-162.7	1,603	378.52	173.92	1,483	-1,340
Other Non Operating Income (Expenses)	4,121	4,385	2,328	550.62	1,033	-1,255
EBT Excluding Unusual Items	10,614	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	3,150	84.06	48.49	1,226	-167.85	257.64
Asset Writedown	31	-5	-3,208	-1,978	-343.99	99.54
Other Unusual Items	-	-	480.01	-	-	290.15
Pretax Income	13,556	21,614	19,134	10,672	-1,141	8,895
Income Tax Expense	4,909	6,140	3,004	5,174	1,285	2,412
Earnings From Continuing Operations	8,648	15,473	16,131	5,498	-2,426	6,483
Minority Interest in Earnings	350.5	-8.1	31.1	103.27	-21.97	68.2
Net Income	8,998	15,465	16,162	5,601	-2,448	6,551
Net Income to Common	8,998	15,465	16,162	5,601	-2,448	6,551
Net Income Growth	-54.75%	-4.31%	188.54%	-	-	73.51%
Shares Outstanding (Basic)	24	24	24	24	23	22
Shares Outstanding (Diluted)	24	24	24	24	23	24
Shares Change (YoY)	2.81%	-0.52%	0.74%	0.46%	-2.80%	6.69%
EPS (Basic)	371.01	654.17	685.09	237.44	-104.23	293.79
EPS (Diluted)	370.84	654.00	683.71	237.00	-104.23	292.16
EPS Growth	-56.01%	-4.35%	188.48%	-	-	75.22%
Free Cash Flow	4,199	18,667	36,813	13,748	-61,108	18,315
Free Cash Flow Per Share	173.13	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	20.15%	19.53%	20.80%	18.43%	14.98%	19.03%
Operating Margin	1.25%	2.96%	4.07%	2.73%	0.13%	2.72%
Profit Margin	1.46%	2.46%	2.56%	0.87%	-0.39%	1.19%
Free Cash Flow Margin	0.68%	2.97%	5.83%	2.13%	-9.68%	3.32%
EBITDA	24,048	34,967	43,108	34,679	17,916	31,107
EBITDA Margin	3.90%	5.56%	6.83%	5.37%	2.84%	5.64%
D&A For EBITDA	16,360	16,367	17,391	17,058	17,087	16,088
EBIT	7,689	18,600	25,717	17,621	829.23	15,019
EBIT Margin	1.25%	2.96%	4.07%	2.73%	0.13%	2.72%
Effective Tax Rate	36.21%	28.41%	15.70%	48.48%	-	27.12%
Advertising Expenses	-	6,176	6,563	4,327	6,525	5,920

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