Hwacheon Machine Tool Co., Ltd. (KRX:000850)

Hwacheon Machine Tool 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	222,153	222,201	225,720	244,094	203,972	161,746
Other Revenue	-0	-	-	-	-0	-
Revenue	222,153	222,201	225,720	244,094	203,972	161,746
Revenue Growth (YoY)	6.87%	-1.56%	-7.53%	19.67%	26.11%	-21.66%
Cost of Revenue	187,070	188,387	189,140	202,400	172,654	136,643
Gross Profit	35,083	33,814	36,580	41,694	31,318	25,103
Selling, General & Admin	32,466	32,329	29,340	31,668	25,932	20,687
Research & Development	112.04	181.54	207.61	235.77	260.2	44.29
Other Operating Expenses	581.66	559.06	603.26	442	469.07	396.58
Operating Expenses	34,753	34,555	32,020	33,511	27,996	23,674
Operating Income	330.06	-741.14	4,560	8,183	3,323	1,429
Interest Expense	-823.79	-1,115	-1,296	-660.17	-119.13	-215.33
Interest & Investment Income	3,466	3,622	3,793	1,236	518.95	859.62
Earnings From Equity Investments	2,156	2,738	1,160	1,778	2,104	-1,223
Currency Exchange Gain (Loss)	316.11	1,548	91.51	-310.69	1,099	-1,003
Other Non Operating Income (Expenses)	2,933	4,717	4,295	33,713	3,808	5,315
EBT Excluding Unusual Items	8,379	10,768	12,602	43,939	10,733	5,163
Gain (Loss) on Sale of Assets	-689.35	-700.43	-23.34	966.2	8.54	-87.99
Asset Writedown	724.39	-	-	-	-	-
Pretax Income	8,500	10,068	12,579	44,905	10,742	5,075
Income Tax Expense	1,635	1,414	2,016	7,420	1,428	558.89
Net Income	6,865	8,654	10,563	37,486	9,314	4,516
Net Income to Common	6,865	8,654	10,563	37,486	9,314	4,516
Net Income Growth	3.55%	-18.07%	-71.82%	302.48%	106.25%	-39.42%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	0.15%	-	-	-	-	-
EPS (Basic)	3120.10	3933.79	4801.42	17038.92	4233.46	2052.62
EPS (Diluted)	3120.10	3933.79	4801.00	17038.92	4233.00	2052.62
EPS Growth	3.40%	-18.06%	-71.82%	302.53%	106.22%	-39.41%
Free Cash Flow	15,544	12,185	2,715	24,964	-6,078	-6,140
Free Cash Flow Per Share	7064.62	5538.75	1233.89	11347.07	-2762.53	-2790.86
Dividend Per Share	1050.000	1050.000	1300.000	2500.000	1000.000	750.000
Dividend Growth	-19.23%	-19.23%	-48.00%	150.00%	33.33%	-40.00%
Gross Margin	15.79%	15.22%	16.21%	17.08%	15.35%	15.52%
Operating Margin	0.15%	-0.33%	2.02%	3.35%	1.63%	0.88%
Profit Margin	3.09%	3.90%	4.68%	15.36%	4.57%	2.79%
Free Cash Flow Margin	7.00%	5.48%	1.20%	10.23%	-2.98%	-3.80%
EBITDA	5,819	4,693	10,041	13,182	6,628	5,007
EBITDA Margin	2.62%	2.11%	4.45%	5.40%	3.25%	3.10%
D&A For EBITDA	5,489	5,434	5,481	4,999	3,305	3,579
EBIT	330.06	-741.14	4,560	8,183	3,323	1,429
EBIT Margin	0.15%	-0.33%	2.02%	3.35%	1.63%	0.88%
Effective Tax Rate	19.24%	14.04%	16.03%	16.52%	13.30%	11.01%
Advertising Expenses	-	4,353	2,916	3,435	1,238	702.27

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