Ilshin Spinning Co., Ltd (KRX:003200)

Ilshin Spinning 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	515,320	514,502	523,263	584,688	591,413	456,283
Other Revenue	6,990	9,150	16,146	8,371	9,615	8,588
Revenue	522,310	523,651	539,409	593,059	601,029	464,871
Revenue Growth (YoY)	-0.93%	-2.92%	-9.05%	-1.33%	29.29%	-6.31%
Cost of Revenue	435,545	435,286	461,169	528,547	464,160	374,998
Gross Profit	86,765	88,365	78,240	64,511	136,868	89,874
Selling, General & Admin	69,489	68,459	70,997	72,021	67,938	64,629
Research & Development	74.36	66.67	58.32	63.5	48.68	40.82
Other Operating Expenses	1,679	1,683	1,624	1,505	1,315	1,528
Operating Expenses	59,940	63,163	79,065	115,372	75,898	76,325
Operating Income	26,825	25,202	-825.2	-50,861	60,970	13,548
Interest Expense	-7,248	-7,259	-4,777	-3,074	-1,606	-3,036
Interest & Investment Income	11,142	12,995	13,441	6,255	3,626	2,927
Earnings From Equity Investments	-279.63	4,086	808.98	-	311.02	-910.58
Currency Exchange Gain (Loss)	-101.47	-1,761	-606.72	-1,855	2,630	1,405
Other Non Operating Income (Expenses)	514.35	307.55	-678.55	114.65	-929.25	427.81
EBT Excluding Unusual Items	30,852	33,572	7,362	-49,420	65,002	14,362
Gain (Loss) on Sale of Investments	530.63	642.4	12,003	-2,443	1,234	1,910
Gain (Loss) on Sale of Assets	71.38	154.37	-77.62	224,051	767.32	629.55
Asset Writedown	-2	-	-7,744	-10,985	681.81	-2,480
Other Unusual Items	-	-	-	-	67.55	-
Pretax Income	31,452	34,369	11,543	161,203	67,752	14,422
Income Tax Expense	5,323	5,367	1,823	46,573	3,542	3,990
Earnings From Continuing Operations	26,128	29,002	9,720	114,629	64,210	10,433
Minority Interest in Earnings	-886.97	-895.88	-1,879	-354.24	-1,353	-398.75
Net Income	25,241	28,106	7,840	114,275	62,858	10,034
Net Income to Common	25,241	28,106	7,840	114,275	62,858	10,034
Net Income Growth	-14.28%	258.48%	-93.14%	81.80%	526.46%	42.20%
Shares Outstanding (Basic)	21	21	22	23	23	23
Shares Outstanding (Diluted)	21	21	22	23	23	23
Shares Change (YoY)	-0.10%	-2.29%	-3.71%	-	-0.09%	-0.95%
EPS (Basic)	1186.27	1319.49	359.65	5047.31	2776.29	442.76
EPS (Diluted)	1186.27	1319.49	359.65	5047.31	2776.29	442.76
EPS Growth	-14.12%	266.88%	-92.87%	81.80%	527.05%	43.56%
Free Cash Flow	49,852	14,876	-50,523	-60,638	-23,457	42,083
Free Cash Flow Per Share	2342.86	698.37	-2317.56	-2678.25	-1036.03	1856.96
Dividend Per Share	200.000	200.000	-	-	-	-
Gross Margin	16.61%	16.88%	14.51%	10.88%	22.77%	19.33%
Operating Margin	5.14%	4.81%	-0.15%	-8.58%	10.14%	2.91%
Profit Margin	4.83%	5.37%	1.45%	19.27%	10.46%	2.16%
Free Cash Flow Margin	9.54%	2.84%	-9.37%	-10.22%	-3.90%	9.05%
EBITDA	53,863	51,729	25,147	-27,209	81,077	37,330
EBITDA Margin	10.31%	9.88%	4.66%	-4.59%	13.49%	8.03%
D&A For EBITDA	27,038	26,526	25,972	23,652	20,106	23,782
EBIT	26,825	25,202	-825.2	-50,861	60,970	13,548
EBIT Margin	5.14%	4.81%	-0.15%	-8.58%	10.14%	2.91%
Effective Tax Rate	16.93%	15.62%	15.80%	28.89%	5.23%	27.66%
Advertising Expenses	-	3,964	5,177	5,733	5,193	6,520

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