Hanwha Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Operating Revenue	30,774,191	30,322,828	28,896,438	35,144,492	33,526,700	Upgrade
Other Revenue	24,872,638	22,811,985	21,990,293	17,691,577	17,399,751	Upgrade
Revenue	55,646,829	53,134,813	50,886,731	52,836,069	50,926,451	Upgrade
Revenue Growth (YoY)	4.73%	4.42%	-3.69%	3.75%	1.02%	Upgrade
Cost of Revenue	48,723,708	46,735,075	45,087,123	47,131,571	46,824,964	Upgrade
Gross Profit	6,923,121	6,399,738	5,799,608	5,704,498	4,101,487	Upgrade
Selling, General & Admin	4,041,011	3,529,439	3,095,679	2,497,291	2,242,712	Upgrade
Other Operating Expenses	72,044	70,825	70,671	78,923	57,190	Upgrade
Operating Expenses	4,507,012	3,987,818	3,429,970	2,776,610	2,552,485	Upgrade
Operating Income	2,416,109	2,411,920	2,369,638	2,927,888	1,549,002	Upgrade
Interest Expense	-1,186,168	-905,301	-548,465	-394,529	-461,449	Upgrade
Interest & Investment Income	24,624	22,981	13,689	13,465	60,960	Upgrade
Earnings From Equity Investments	1,232,393	20,254	104,184	381,615	155,960	Upgrade
Currency Exchange Gain (Loss)	83,225	43,324	-118,455	-98,628	49,053	Upgrade
Other Non Operating Income (Expenses)	-566,589	307,985	131,801	198,846	-277,872	Upgrade
EBT Excluding Unusual Items	2,003,594	1,901,163	1,952,392	3,028,657	1,075,654	Upgrade
Gain (Loss) on Sale of Investments	267,122	267,166	466,434	193,830	3,641	Upgrade
Gain (Loss) on Sale of Assets	-90,108	167,542	-7,012	-961	-1,491	Upgrade
Asset Writedown	-112,584	-89,255	-277,896	-5,072	-7,007	Upgrade
Pretax Income	2,068,024	2,246,616	2,133,918	3,216,454	1,070,797	Upgrade
Income Tax Expense	377,590	611,101	124,957	934,385	363,261	Upgrade
Earnings From Continuing Operations	1,690,434	1,635,515	2,008,961	2,282,069	707,536	Upgrade
Minority Interest in Earnings	-917,458	-1,255,025	-834,527	-1,308,570	-510,863	Upgrade
Net Income	772,976	380,490	1,174,434	973,499	196,673	Upgrade
Preferred Dividends & Other Adjustments	162.79	88.28	287.99	-	48,885	Upgrade
Net Income to Common	772,813	380,402	1,174,146	973,499	147,788	Upgrade
Net Income Growth	103.15%	-67.60%	20.64%	394.98%	118.62%	Upgrade
Shares Outstanding (Basic)	73	75	69	70	70	Upgrade
Shares Outstanding (Diluted)	73	75	70	70	70	Upgrade
Shares Change (YoY)	-2.90%	7.47%	0.87%	-0.00%	0.05%	Upgrade
EPS (Basic)	10562.11	5049.54	16908.98	13999.38	2125.68	Upgrade
EPS (Diluted)	8.33	3.87	12.66	10562.00	2123.00	Upgrade
EPS Growth	115.04%	-69.40%	-99.88%	397.50%	101.99%	Upgrade
Free Cash Flow	1,199,995	-496,619	632,127	6,001,426	2,191,931	Upgrade
Free Cash Flow Per Share	16381.39	-6582.83	9004.90	86238.87	31496.79	Upgrade
Gross Margin	12.44%	12.04%	11.40%	10.80%	8.05%	Upgrade
Operating Margin	4.34%	4.54%	4.66%	5.54%	3.04%	Upgrade
Profit Margin	1.39%	0.72%	2.31%	1.84%	0.29%	Upgrade
Free Cash Flow Margin	2.16%	-0.94%	1.24%	11.36%	4.30%	Upgrade
EBITDA	4,018,199	3,965,553	3,726,742	4,172,166	2,815,063	Upgrade
EBITDA Margin	7.22%	7.46%	7.32%	7.90%	5.53%	Upgrade
D&A For EBITDA	1,602,090	1,553,633	1,357,104	1,244,278	1,266,061	Upgrade
EBIT	2,416,109	2,411,920	2,369,638	2,927,888	1,549,002	Upgrade
EBIT Margin	4.34%	4.54%	4.66%	5.54%	3.04%	Upgrade
Effective Tax Rate	18.26%	27.20%	5.86%	29.05%	33.92%	Upgrade
Advertising Expenses	135,652	128,957	107,559	78,117	101,832	Upgrade

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.