Hanwha Corporation (KRX:000880)

Hanwha 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	34,545,184	30,774,191	30,322,828	28,896,438	35,144,492	33,526,700
Other Revenue	25,308,866	24,872,638	22,811,985	21,990,293	17,691,577	17,399,751
Revenue	59,854,050	55,646,829	53,134,813	50,886,731	52,836,069	50,926,451
Revenue Growth (YoY)	16.62%	4.73%	4.42%	-3.69%	3.75%	1.02%
Cost of Revenue	51,935,906	48,723,708	46,735,075	45,087,123	47,131,571	46,824,964
Gross Profit	7,918,144	6,923,121	6,399,738	5,799,608	5,704,498	4,101,487
Selling, General & Admin	4,156,000	4,041,011	3,529,439	3,095,679	2,497,291	2,242,712
Other Operating Expenses	79,360	72,044	70,825	70,671	78,923	57,190
Operating Expenses	4,665,243	4,507,012	3,987,818	3,429,970	2,776,610	2,552,485
Operating Income	3,252,901	2,416,109	2,411,920	2,369,638	2,927,888	1,549,002
Interest Expense	-1,186,168	-1,186,168	-905,301	-548,465	-394,529	-461,449
Interest & Investment Income	24,624	24,624	22,981	13,689	13,465	60,960
Earnings From Equity Investments	1,494,504	1,232,393	20,254	104,184	381,615	155,960
Currency Exchange Gain (Loss)	83,225	83,225	43,324	-118,455	-98,628	49,053
Other Non Operating Income (Expenses)	-1,055,698	-566,589	307,985	131,801	198,846	-277,872
EBT Excluding Unusual Items	2,613,388	2,003,594	1,901,163	1,952,392	3,028,657	1,075,654
Gain (Loss) on Sale of Investments	267,122	267,122	267,166	466,434	193,830	3,641
Gain (Loss) on Sale of Assets	-90,108	-90,108	167,542	-7,012	-961	-1,491
Asset Writedown	-112,584	-112,584	-89,255	-277,896	-5,072	-7,007
Pretax Income	2,677,818	2,068,024	2,246,616	2,133,918	3,216,454	1,070,797
Income Tax Expense	300,176	377,590	611,101	124,957	934,385	363,261
Earnings From Continuing Operations	2,377,642	1,690,434	1,635,515	2,008,961	2,282,069	707,536
Minority Interest in Earnings	-1,364,521	-917,458	-1,255,025	-834,527	-1,308,570	-510,863
Net Income	1,013,121	772,976	380,490	1,174,434	973,499	196,673
Preferred Dividends & Other Adjustments	179,083	162,788	88,282	287.99	-	48,885
Net Income to Common	834,038	610,188	292,208	1,174,146	973,499	147,788
Net Income Growth	-	103.15%	-67.60%	20.64%	394.98%	118.62%
Shares Outstanding (Basic)	72	73	75	69	70	70
Shares Outstanding (Diluted)	72	73	75	70	70	70
Shares Change (YoY)	-4.36%	-2.90%	7.47%	0.87%	-0.00%	0.05%
EPS (Basic)	11572.76	8339.50	3878.84	16908.98	13999.38	2125.68
EPS (Diluted)	11560.87	8331.84	3874.58	12.66	10562.00	2123.00
EPS Growth	-	115.04%	30501.85%	-99.88%	397.50%	101.99%
Free Cash Flow	3,536,064	1,199,995	-496,619	632,127	6,001,426	2,191,931
Free Cash Flow Per Share	49005.66	16381.39	-6582.83	9004.90	86238.87	31496.79
Dividend Per Share	800.000	800.000	-	-	-	-
Gross Margin	13.23%	12.44%	12.04%	11.40%	10.80%	8.05%
Operating Margin	5.44%	4.34%	4.54%	4.66%	5.54%	3.04%
Profit Margin	1.39%	1.10%	0.55%	2.31%	1.84%	0.29%
Free Cash Flow Margin	5.91%	2.16%	-0.94%	1.24%	11.36%	4.30%
EBITDA	4,917,803	4,018,199	3,965,553	3,726,742	4,172,166	2,815,063
EBITDA Margin	8.22%	7.22%	7.46%	7.32%	7.90%	5.53%
D&A For EBITDA	1,664,902	1,602,090	1,553,633	1,357,104	1,244,278	1,266,061
EBIT	3,252,901	2,416,109	2,411,920	2,369,638	2,927,888	1,549,002
EBIT Margin	5.44%	4.34%	4.54%	4.66%	5.54%	3.04%
Effective Tax Rate	11.21%	18.26%	27.20%	5.86%	29.05%	33.92%
Advertising Expenses	-	135,652	128,957	107,559	78,117	101,832

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