Daechang Forging Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	374,424	346,267	322,237	372,123	421,498	354,440
Other Revenue	-	-0	-0	-0	-0	-
Revenue	374,424	346,267	322,237	372,123	421,498	354,440
Revenue Growth	13.19%	7.46%	-13.41%	-11.71%	18.92%	34.02%
Cost of Revenue	297,678	277,363	261,439	298,012	341,973	299,630
Gross Profit	76,746	68,904	60,798	74,111	79,525	54,809
Selling, General & Admin	27,148	26,448	26,368	25,663	26,276	22,784
Research & Development	358.71	424.7	443.28	450.35	413.79	363.25
Amortization of Goodwill & Intangibles	21.94	25.88	71.75	70.05	113.69	215.66
Other Operating Expenses	1,251	1,123	888.61	786.51	950.83	778.18
Operating Expenses	31,515	30,936	30,783	27,668	29,668	25,303
Operating Income	45,230	37,968	30,015	46,443	49,857	29,506
Interest Expense	-225.82	-316.81	-324.76	-178.78	-308.44	-226.56
Interest & Investment Income	2,621	2,788	3,068	2,176	566.15	260.51
Earnings From Equity Investments	1,141	600.73	-419.6	-	-	-
Currency Exchange Gain (Loss)	6,726	-1,870	5,484	-84.36	3,178	2,984
Other Non Operating Income (Expenses)	52.99	336.77	411.49	-177.75	-196.23	1,837
EBT Excluding Unusual Items	55,547	39,507	38,234	48,178	53,096	34,361
Gain (Loss) on Sale of Investments	264.31	250.81	107.24	423.67	-48.13	1,745
Gain (Loss) on Sale of Assets	124.8	264	7,578	244.74	3,950	758.16
Pretax Income	55,936	40,022	45,919	48,846	56,998	36,864
Income Tax Expense	18,129	12,544	12,974	14,936	16,944	8,641
Earnings From Continuing Operations	37,807	27,477	32,945	33,910	40,054	28,223
Minority Interest in Earnings	1,464	1,309	629.42	26.14	-3,350	-1,580
Net Income	39,271	28,786	33,575	33,936	36,704	26,643
Preferred Dividends & Other Adjustments	-	-	-	-	-0.33	-
Net Income to Common	39,271	28,786	33,575	33,936	36,704	26,643
Net Income Growth	44.46%	-14.26%	-1.07%	-7.54%	37.76%	100.47%
Shares Outstanding (Basic)	25	25	25	26	26	26
Shares Outstanding (Diluted)	25	25	25	26	26	26
Shares Change	-0.05%	-1.10%	-1.57%	-	-	-2.16%
EPS (Basic)	1557.77	1141.68	1317.00	1310.25	1417.10	1028.66
EPS (Diluted)	1557.77	1141.68	1317.00	1310.25	1417.10	1028.66
EPS Growth	44.54%	-13.31%	0.52%	-7.54%	37.76%	104.89%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	23,464	-10,575	32,697	48,440	20,179	-30,588
Free Cash Flow Per Share	930.74	-419.40	1282.58	1870.20	779.08	-1180.99
Dividend Per Share	-	-	-	180.000	200.000	135.000
Dividend Growth	-	-	-	-10.00%	48.15%	50.00%
Gross Margin	20.50%	19.90%	18.87%	19.92%	18.87%	15.46%
Operating Margin	12.08%	10.96%	9.31%	12.48%	11.83%	8.33%
Profit Margin	10.49%	8.31%	10.42%	9.12%	8.71%	7.52%
Free Cash Flow Margin	6.27%	-3.05%	10.15%	13.02%	4.79%	-8.63%
EBITDA	52,841	45,753	36,863	53,208	55,924	35,788
EBITDA Margin	14.11%	13.21%	11.44%	14.30%	13.27%	10.10%
D&A For EBITDA	7,611	7,785	6,848	6,765	6,067	6,282
EBIT	45,230	37,968	30,015	46,443	49,857	29,506
EBIT Margin	12.08%	10.96%	9.31%	12.48%	11.83%	8.33%
Effective Tax Rate	32.41%	31.34%	28.25%	30.58%	29.73%	23.44%
Advertising Expenses	-	198.08	88.71	88.87	182.39	20.93