Hanon Systems Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Other Revenue	-	-0	-	-	-	-	Upgrade
Revenue	9,957,160	9,559,328	8,627,728	7,351,424	6,872,833	7,154,153	Upgrade
Revenue Growth (YoY)	5.81%	10.80%	17.36%	6.96%	-3.93%	20.49%	Upgrade
Cost of Revenue	9,029,588	8,651,146	7,780,649	6,502,432	6,008,400	6,119,860	Upgrade
Gross Profit	927,573	908,182	847,079	848,992	864,432	1,034,292	Upgrade
Selling, General & Admin	401,616	400,998	367,549	315,397	320,549	324,126	Upgrade
Research & Development	187,596	186,093	183,810	170,040	175,699	191,895	Upgrade
Other Operating Expenses	5,010	4,690	4,356	6,069	4,073	4,395	Upgrade
Operating Expenses	642,591	630,904	590,489	523,221	548,632	550,482	Upgrade
Operating Income	284,982	277,279	256,590	325,771	315,800	483,810	Upgrade
Interest Expense	-249,299	-185,659	-105,582	-85,641	-89,577	-71,346	Upgrade
Interest & Investment Income	31,819	28,977	12,907	6,546	4,701	8,709	Upgrade
Earnings From Equity Investments	11,717	12,474	8,896	5,417	2,972	4,000	Upgrade
Currency Exchange Gain (Loss)	-75,200	63,766	34,091	32,312	-28,895	18,528	Upgrade
Other Non Operating Income (Expenses)	-32,379	-34,834	-49,145	125,114	-25,641	-22,544	Upgrade
EBT Excluding Unusual Items	-28,359	162,003	157,757	409,519	179,362	421,158	Upgrade
Gain (Loss) on Sale of Investments	-946.75	-1,608	-19,523	26,319	-	-	Upgrade
Gain (Loss) on Sale of Assets	-7,959	5,284	-550.22	-2,910	-5,207	-2,977	Upgrade
Asset Writedown	-12,656	-21,079	-40,516	-78,280	-34,349	-10,923	Upgrade
Pretax Income	-49,921	144,600	97,168	354,649	139,806	407,258	Upgrade
Income Tax Expense	37,896	85,713	70,425	43,924	26,346	84,644	Upgrade
Earnings From Continuing Operations	-87,817	58,887	26,743	310,725	113,460	322,613	Upgrade
Minority Interest in Earnings	-7,121	-7,902	-6,305	-2,210	-3,092	-4,076	Upgrade
Net Income	-102,227	50,985	20,438	308,515	110,368	318,537	Upgrade
Net Income to Common	-102,227	50,985	20,438	308,515	110,368	318,537	Upgrade
Net Income Growth	-	149.46%	-93.38%	179.53%	-65.35%	14.73%	Upgrade
Shares Outstanding (Basic)	534	534	534	534	534	534	Upgrade
Shares Outstanding (Diluted)	534	534	534	537	534	534	Upgrade
Shares Change (YoY)	-	-0.01%	-0.54%	0.44%	0.02%	0.03%	Upgrade
EPS (Basic)	-191.56	95.54	38.30	578.10	206.80	596.73	Upgrade
EPS (Diluted)	-191.56	95.54	38.00	575.00	206.80	596.00	Upgrade
EPS Growth	-	151.41%	-93.39%	178.05%	-65.30%	14.62%	Upgrade
Free Cash Flow	283,871	36,180	-6,765	248,637	393,528	337,025	Upgrade
Free Cash Flow Per Share	531.92	67.79	-12.68	463.35	736.61	630.97	Upgrade
Dividend Per Share	316.000	316.000	-	-	-	-	Upgrade
Gross Margin	9.32%	9.50%	9.82%	11.55%	12.58%	14.46%	Upgrade
Operating Margin	2.86%	2.90%	2.97%	4.43%	4.59%	6.76%	Upgrade
Profit Margin	-1.03%	0.53%	0.24%	4.20%	1.61%	4.45%	Upgrade
Free Cash Flow Margin	2.85%	0.38%	-0.08%	3.38%	5.73%	4.71%	Upgrade
EBITDA	924,526	875,694	814,469	834,304	784,043	864,541	Upgrade
EBITDA Margin	9.29%	9.16%	9.44%	11.35%	11.41%	12.08%	Upgrade
D&A For EBITDA	639,544	598,415	557,879	508,532	468,242	380,731	Upgrade
EBIT	284,982	277,279	256,590	325,771	315,800	483,810	Upgrade
EBIT Margin	2.86%	2.90%	2.97%	4.43%	4.59%	6.76%	Upgrade
Effective Tax Rate	-	59.28%	72.48%	12.39%	18.84%	20.78%	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.