HWASEUNG Industries Co.,Ltd. (KRX:006060)

HWASEUNG Industries 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,877,527	1,867,734	1,466,551	1,912,956	1,365,518	1,298,774
Other Revenue	-	-	-	-0	-	-
Revenue	1,877,527	1,867,734	1,466,551	1,912,956	1,365,518	1,298,774
Revenue Growth (YoY)	9.71%	27.36%	-23.34%	40.09%	5.14%	-8.91%
Cost of Revenue	1,585,155	1,562,538	1,238,237	1,637,773	1,191,037	1,080,214
Gross Profit	292,372	305,196	228,314	275,183	174,480	218,560
Selling, General & Admin	164,525	162,053	168,115	173,045	131,574	117,332
Research & Development	4,990	7,137	17,977	11,294	10,113	3,466
Amortization of Goodwill & Intangibles	3,087	2,839	2,898	2,609	2,121	2,002
Other Operating Expenses	2,403	2,419	2,339	3,002	2,649	2,292
Operating Expenses	188,702	187,179	203,592	201,902	157,344	136,217
Operating Income	103,669	118,017	24,722	73,281	17,136	82,343
Interest Expense	-49,080	-51,120	-48,013	-28,288	-14,806	-17,250
Interest & Investment Income	5,392	5,946	7,640	4,948	2,545	2,258
Earnings From Equity Investments	-1,811	-2,181	-11.35	-414.76	-237.36	-63.31
Currency Exchange Gain (Loss)	-544	12,861	3,303	-24,059	8,585	-2,734
Other Non Operating Income (Expenses)	-14,229	-18,948	-3,005	-1,356	2,432	-712.87
EBT Excluding Unusual Items	43,396	64,576	-15,364	24,111	15,654	63,840
Gain (Loss) on Sale of Investments	-2,076	-315.9	-	-	-1,626	245.61
Gain (Loss) on Sale of Assets	-1,525	-1,190	-4,187	-3,721	82.57	-1,029
Asset Writedown	-908.63	-908.63	180.96	-	-1,265	-1,438
Pretax Income	38,887	62,161	-19,371	20,390	12,845	61,618
Income Tax Expense	12,870	15,251	13,129	20,306	17,049	11,700
Earnings From Continuing Operations	26,017	46,909	-32,499	84.44	-4,203	49,917
Minority Interest in Earnings	-3,802	-7,775	7,513	771.81	2,109	-12,571
Net Income	22,215	39,134	-24,986	856.26	-2,094	37,346
Net Income to Common	22,215	39,134	-24,986	856.26	-2,094	37,346
Net Income Growth	70.74%	-	-	-	-	-36.65%
Shares Outstanding (Basic)	49	50	50	51	53	54
Shares Outstanding (Diluted)	49	50	50	51	53	54
Shares Change (YoY)	-1.22%	-0.36%	-2.98%	-3.10%	-1.20%	-0.83%
EPS (Basic)	453.73	790.14	-502.67	16.71	-39.61	697.87
EPS (Diluted)	453.60	790.00	-503.00	16.71	-40.00	697.87
EPS Growth	73.20%	-	-	-	-	-36.09%
Free Cash Flow	60,346	41,388	15,766	-22,124	-97,083	1,750
Free Cash Flow Per Share	1232.58	835.63	317.17	-431.82	-1836.12	32.69
Dividend Per Share	200.000	200.000	-	-	188.000	188.000
Dividend Growth	-	-	-	-	-	317.78%
Gross Margin	15.57%	16.34%	15.57%	14.38%	12.78%	16.83%
Operating Margin	5.52%	6.32%	1.69%	3.83%	1.26%	6.34%
Profit Margin	1.18%	2.10%	-1.70%	0.04%	-0.15%	2.88%
Free Cash Flow Margin	3.21%	2.22%	1.07%	-1.16%	-7.11%	0.14%
EBITDA	193,000	201,045	107,544	158,451	88,223	147,277
EBITDA Margin	10.28%	10.76%	7.33%	8.28%	6.46%	11.34%
D&A For EBITDA	89,330	83,029	82,823	85,171	71,087	64,934
EBIT	103,669	118,017	24,722	73,281	17,136	82,343
EBIT Margin	5.52%	6.32%	1.69%	3.83%	1.26%	6.34%
Effective Tax Rate	33.10%	24.54%	-	99.59%	132.72%	18.99%
Advertising Expenses	-	582.94	703.99	708.3	460.62	342.96

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