Hyundai Steel Company (KRX:004020)

Hyundai Steel Company 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	22,745,998	23,226,141	25,914,760	27,340,601	22,849,921	18,023,398
Other Revenue	-0	-	-0	-0	-	-
Revenue	22,745,998	23,226,141	25,914,760	27,340,601	22,849,921	18,023,398
Revenue Growth (YoY)	-6.69%	-10.38%	-5.21%	19.65%	26.78%	-12.13%
Cost of Revenue	21,432,658	21,856,596	23,807,964	24,521,330	19,334,650	16,938,078
Gross Profit	1,313,341	1,369,545	2,106,796	2,819,271	3,515,271	1,085,320
Selling, General & Admin	1,115,435	1,106,948	1,217,520	1,163,622	1,029,523	971,140
Other Operating Expenses	12,653	12,470	12,768	13,170	11,647	10,939
Operating Expenses	1,225,360	1,210,355	1,308,471	1,202,792	1,067,534	1,015,436
Operating Income	87,981	159,190	798,325	1,616,479	2,447,737	69,884
Interest Expense	-392,672	-420,746	-413,949	-356,431	-304,023	-329,795
Interest & Investment Income	134,131	144,775	116,885	74,751	48,575	56,778
Earnings From Equity Investments	3,510	12,358	4,881	11,643	-14,837	18,885
Currency Exchange Gain (Loss)	-58,772	-59,098	-36,640	-142,179	31,691	-6,004
Other Non Operating Income (Expenses)	36,184	94,011	17,791	169,910	-22,379	-207,024
EBT Excluding Unusual Items	-189,638	-69,511	487,292	1,374,173	2,186,764	-397,276
Gain (Loss) on Sale of Investments	5,189	8,353	45,252	18,591	47,638	16,220
Gain (Loss) on Sale of Assets	6,137	4,656	395.57	-9,076	-7,651	-10,172
Asset Writedown	-4,924	-2,994	-863.79	-35,130	-77,634	-112,686
Pretax Income	-183,236	-59,496	532,076	1,348,558	2,149,117	-503,914
Income Tax Expense	-141,481	-68,310	89,092	310,365	643,963	-63,794
Earnings From Continuing Operations	-41,755	8,814	442,983	1,038,193	1,505,155	-440,120
Minority Interest in Earnings	-15,283	-20,436	18,211	-20,604	-43,732	10,106
Net Income	-57,037	-11,621	461,195	1,017,589	1,461,423	-430,013
Net Income to Common	-57,037	-11,621	461,195	1,017,589	1,461,423	-430,013
Net Income Growth	-	-	-54.68%	-30.37%	-	-
Shares Outstanding (Basic)	131	132	132	132	132	131
Shares Outstanding (Diluted)	131	132	132	132	132	131
Shares Change (YoY)	-0.28%	-	-	-	0.09%	0.12%
EPS (Basic)	-434.32	-88.34	3505.96	7735.63	11109.62	-3271.78
EPS (Diluted)	-434.32	-88.34	3505.96	7735.63	11109.62	-3271.78
EPS Growth	-	-	-54.68%	-30.37%	-	-
Free Cash Flow	757,218	104,825	1,124,380	1,158,551	1,098,398	974,815
Free Cash Flow Per Share	5765.98	796.87	8547.45	8807.21	8349.93	7416.94
Dividend Per Share	750.000	750.000	1000.000	1000.000	1000.000	500.000
Dividend Growth	-25.00%	-25.00%	-	-	100.00%	-33.33%
Gross Margin	5.77%	5.90%	8.13%	10.31%	15.38%	6.02%
Operating Margin	0.39%	0.69%	3.08%	5.91%	10.71%	0.39%
Profit Margin	-0.25%	-0.05%	1.78%	3.72%	6.40%	-2.39%
Free Cash Flow Margin	3.33%	0.45%	4.34%	4.24%	4.81%	5.41%
EBITDA	1,841,599	1,869,649	2,440,553	3,205,030	4,039,472	1,649,079
EBITDA Margin	8.10%	8.05%	9.42%	11.72%	17.68%	9.15%
D&A For EBITDA	1,753,618	1,710,459	1,642,228	1,588,550	1,591,734	1,579,195
EBIT	87,981	159,190	798,325	1,616,479	2,447,737	69,884
EBIT Margin	0.39%	0.69%	3.08%	5.91%	10.71%	0.39%
Effective Tax Rate	-	-	16.74%	23.02%	29.96%	-
Advertising Expenses	-	12,749	21,869	15,300	7,581	7,993

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