Sangsin Brake Co., Ltd. (KRX:041650)

Sangsin Brake 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	574,315	578,555	575,491	489,015	397,023	349,042
Other Revenue	-0	-0	-	-0	-	-
Revenue	574,315	578,555	575,491	489,015	397,023	349,042
Revenue Growth (YoY)	-3.53%	0.53%	17.68%	23.17%	13.75%	-10.94%
Cost of Revenue	471,009	465,722	464,914	391,274	314,751	278,085
Gross Profit	103,306	112,833	110,577	97,741	82,272	70,956
Selling, General & Admin	66,330	65,113	58,839	60,715	47,568	41,933
Research & Development	20,398	19,194	16,722	16,339	14,834	14,164
Amortization of Goodwill & Intangibles	539.98	538.9	596.6	718.77	755.97	848.72
Other Operating Expenses	1,387	1,429	1,304	1,321	1,488	1,241
Operating Expenses	95,801	92,187	83,032	83,660	70,070	63,099
Operating Income	7,505	20,646	27,544	14,081	12,202	7,858
Interest Expense	-11,781	-12,705	-13,624	-8,283	-5,033	-5,788
Interest & Investment Income	880.42	753.46	520.3	359.75	250.82	333.85
Earnings From Equity Investments	30.12	40.93	32.69	23.64	20.64	24.86
Currency Exchange Gain (Loss)	-2,258	12,263	1,657	-2,035	4,926	-2,925
Other Non Operating Income (Expenses)	2,890	3,716	1,638	2,552	2,325	2,601
EBT Excluding Unusual Items	-2,733	24,715	17,768	6,698	14,692	2,105
Gain (Loss) on Sale of Assets	306.53	-71.49	47.43	118.58	81.71	13.92
Asset Writedown	-350	-	-	-	-	-
Pretax Income	-2,777	24,643	17,816	6,816	14,774	2,119
Income Tax Expense	4,618	7,255	3,642	5,952	4,398	4,442
Earnings From Continuing Operations	-7,395	17,389	14,174	864.46	10,375	-2,323
Minority Interest in Earnings	76.99	-1,124	-114.72	-146.78	-583.3	-339.09
Net Income	-7,318	16,265	14,059	717.69	9,792	-2,662
Net Income to Common	-7,318	16,265	14,059	717.69	9,792	-2,662
Net Income Growth	-	15.69%	1858.99%	-92.67%	-	-
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
EPS (Basic)	-378.01	840.12	726.20	37.07	505.77	-137.48
EPS (Diluted)	-378.01	840.12	726.20	37.07	505.77	-137.48
EPS Growth	-	15.69%	1858.99%	-92.67%	-	-
Free Cash Flow	19,551	15,487	2,006	-35,408	-3,393	1,031
Free Cash Flow Per Share	1009.83	799.94	103.62	-1828.91	-175.25	53.24
Dividend Per Share	100.000	100.000	-	-	-	50.000
Dividend Growth	-	-	-	-	-	-50.00%
Gross Margin	17.99%	19.50%	19.21%	19.99%	20.72%	20.33%
Operating Margin	1.31%	3.57%	4.79%	2.88%	3.07%	2.25%
Profit Margin	-1.27%	2.81%	2.44%	0.15%	2.47%	-0.76%
Free Cash Flow Margin	3.40%	2.68%	0.35%	-7.24%	-0.85%	0.29%
EBITDA	29,440	43,216	52,111	37,517	33,846	29,798
EBITDA Margin	5.13%	7.47%	9.05%	7.67%	8.53%	8.54%
D&A For EBITDA	21,935	22,569	24,567	23,436	21,644	21,940
EBIT	7,505	20,646	27,544	14,081	12,202	7,858
EBIT Margin	1.31%	3.57%	4.79%	2.88%	3.07%	2.25%
Effective Tax Rate	-	29.44%	20.44%	87.32%	29.77%	209.61%
Advertising Expenses	-	2,576	2,016	1,729	1,223	1,296

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