Shinsung E&G Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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
Operating Revenue	575,633	582,301	576,520	664,144	454,524	482,365
Other Revenue	-0	-0	-0	-0	-0	-
Revenue	575,633	582,301	576,520	664,144	454,524	482,365
Revenue Growth (YoY)	-2.48%	1.00%	-13.19%	46.12%	-5.77%	19.76%
Cost of Revenue	521,545	521,386	510,592	588,512	403,246	413,692
Gross Profit	54,089	60,915	65,928	75,632	51,277	68,673
Selling, General & Admin	37,768	40,212	43,938	39,565	34,519	33,970
Research & Development	7,316	7,815	8,827	7,862	9,315	8,148
Amortization of Goodwill & Intangibles	1,742	1,868	1,405	623.71	601.94	677.22
Other Operating Expenses	1,688	1,663	2,236	1,513	1,829	1,188
Operating Expenses	49,336	55,937	57,286	53,400	51,049	51,538
Operating Income	4,752	4,978	8,642	22,232	228.42	17,135
Interest Expense	-9,332	-10,891	-11,219	-4,891	-3,950	-7,683
Interest & Investment Income	1,602	1,819	1,122	1,249	355.97	353.09
Earnings From Equity Investments	242.3	304.68	-	-	128.46	358.83
Currency Exchange Gain (Loss)	1,454	2,881	500.51	-1,594	-1,609	2,189
Other Non Operating Income (Expenses)	-8,681	-9,858	5,936	510.77	1,118	1,595
EBT Excluding Unusual Items	-9,962	-10,767	4,981	17,508	-3,728	13,948
Impairment of Goodwill	-	-	-488.27	-1.62	-	-91.95
Gain (Loss) on Sale of Investments	-10.98	-20.72	9,740	24,826	-1,923	44.29
Gain (Loss) on Sale of Assets	29.92	117.31	171.17	5,161	-34.18	2,038
Asset Writedown	-34.35	-1,509	-	-	-11,852	-12,555
Pretax Income	-9,978	-12,179	14,404	47,493	-17,537	3,384
Income Tax Expense	2,148	1,781	-854.87	10,705	-1,676	-6,899
Earnings From Continuing Operations	-12,126	-13,960	15,259	36,788	-15,862	10,283
Earnings From Discontinued Operations	-	-	-	-2,517	-	-24,006
Net Income to Company	-12,126	-13,960	15,259	34,272	-15,862	-13,723
Minority Interest in Earnings	-18.42	-122.89	968.37	-145.08	-42.67	-22
Net Income	-12,145	-14,083	16,227	34,127	-15,904	-13,745
Net Income to Common	-12,145	-14,083	16,227	34,127	-15,904	-13,745
Net Income Growth	-	-	-52.45%	-	-	-
Shares Outstanding (Basic)	204	204	204	203	201	164
Shares Outstanding (Diluted)	204	204	204	203	201	164
Shares Change (YoY)	-	-	0.06%	1.25%	22.73%	14.26%
EPS (Basic)	-59.66	-69.18	79.71	167.75	-79.16	-83.95
EPS (Diluted)	-59.66	-69.18	79.71	167.75	-79.16	-83.95
EPS Growth	-	-	-52.48%	-	-	-
Free Cash Flow	-473.54	-7,915	22,189	-37,817	-40,926	8,306
Free Cash Flow Per Share	-2.33	-38.88	109.00	-185.89	-203.69	50.73
Gross Margin	9.40%	10.46%	11.44%	11.39%	11.28%	14.24%
Operating Margin	0.83%	0.85%	1.50%	3.35%	0.05%	3.55%
Profit Margin	-2.11%	-2.42%	2.81%	5.14%	-3.50%	-2.85%
Free Cash Flow Margin	-0.08%	-1.36%	3.85%	-5.69%	-9.00%	1.72%
EBITDA	18,411	18,390	19,722	29,663	8,756	27,937
EBITDA Margin	3.20%	3.16%	3.42%	4.47%	1.93%	5.79%
D&A For EBITDA	13,659	13,412	11,080	7,431	8,527	10,802
EBIT	4,752	4,978	8,642	22,232	228.42	17,135
EBIT Margin	0.83%	0.85%	1.50%	3.35%	0.05%	3.55%
Effective Tax Rate	-	-	-	22.54%	-	-
Advertising Expenses	-	1,512	1,386	1,831	1,927	1,803

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