Daechang Forging Co., Ltd. (KRX:015230)

Daechang Forging 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	330,804	322,237	372,123	421,498	354,440	264,472
Other Revenue	-0	-0	-0	-0	-	-
Revenue	330,804	322,237	372,123	421,498	354,440	264,472
Revenue Growth (YoY)	1.53%	-13.41%	-11.71%	18.92%	34.02%	-4.61%
Cost of Revenue	265,993	261,439	298,012	341,973	299,630	225,927
Gross Profit	64,811	60,798	74,111	79,525	54,809	38,546
Selling, General & Admin	27,056	26,368	25,663	26,276	22,784	17,096
Research & Development	489.01	443.28	450.35	413.79	363.25	347.75
Other Operating Expenses	932.01	888.61	786.51	950.83	778.18	439.67
Operating Expenses	31,392	30,783	27,668	29,668	25,303	19,390
Operating Income	33,420	30,015	46,443	49,857	29,506	19,156
Interest Expense	-365.07	-324.76	-178.78	-308.44	-226.56	-261.15
Interest & Investment Income	3,165	3,068	2,176	566.15	260.51	716.82
Currency Exchange Gain (Loss)	-1,700	5,484	-84.36	3,178	2,984	-1,177
Other Non Operating Income (Expenses)	710.98	411.49	-177.75	-196.23	1,837	1,117
EBT Excluding Unusual Items	35,231	38,654	48,178	53,096	34,361	19,552
Gain (Loss) on Sale of Investments	108.79	-312.37	423.67	-48.13	1,745	737.5
Gain (Loss) on Sale of Assets	270.44	7,578	244.74	3,950	758.16	826.57
Pretax Income	35,610	45,919	48,846	56,998	36,864	21,116
Income Tax Expense	9,507	12,974	14,936	16,944	8,641	6,286
Earnings From Continuing Operations	26,103	32,945	33,910	40,054	28,223	14,830
Minority Interest in Earnings	1,082	629.42	26.14	-3,350	-1,580	-1,539
Net Income	27,185	33,575	33,936	36,704	26,643	13,290
Preferred Dividends & Other Adjustments	-	-	-	-0.33	-	-
Net Income to Common	27,185	33,575	33,936	36,704	26,643	13,290
Net Income Growth	-9.60%	-1.07%	-7.54%	37.76%	100.47%	-7.96%
Shares Outstanding (Basic)	25	25	26	26	26	26
Shares Outstanding (Diluted)	25	25	26	26	26	26
Shares Change (YoY)	-2.40%	-1.59%	-	-	-2.16%	-4.71%
EPS (Basic)	1078.15	1317.17	1310.25	1417.10	1028.66	502.06
EPS (Diluted)	1078.15	1317.17	1310.25	1417.10	1028.66	502.06
EPS Growth	-7.38%	0.53%	-7.54%	37.76%	104.89%	-3.40%
Free Cash Flow	6,758	32,697	48,440	20,179	-30,588	9,067
Free Cash Flow Per Share	268.01	1282.75	1870.20	779.08	-1180.99	342.53
Dividend Per Share	160.000	160.000	180.000	200.000	135.000	90.000
Dividend Growth	-11.11%	-11.11%	-10.00%	48.15%	50.00%	-18.18%
Gross Margin	19.59%	18.87%	19.92%	18.87%	15.46%	14.57%
Operating Margin	10.10%	9.31%	12.48%	11.83%	8.33%	7.24%
Profit Margin	8.22%	10.42%	9.12%	8.71%	7.52%	5.03%
Free Cash Flow Margin	2.04%	10.15%	13.02%	4.79%	-8.63%	3.43%
EBITDA	40,791	36,863	53,208	55,924	35,788	24,242
EBITDA Margin	12.33%	11.44%	14.30%	13.27%	10.10%	9.17%
D&A For EBITDA	7,372	6,848	6,765	6,067	6,282	5,086
EBIT	33,420	30,015	46,443	49,857	29,506	19,156
EBIT Margin	10.10%	9.31%	12.48%	11.83%	8.33%	7.24%
Effective Tax Rate	26.70%	28.25%	30.58%	29.73%	23.44%	29.77%
Advertising Expenses	-	88.71	88.87	182.39	20.93	197.39

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