ChinYang Chemical Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	18,564	24,527	28,281	29,090	34,785
Other Revenue	-0	-0	-	-	-0
Revenue	18,564	24,527	28,281	29,090	34,785
Revenue Growth (YoY)	-24.31%	-13.27%	-2.78%	-16.37%	-19.64%
Cost of Revenue	16,963	24,314	25,731	26,482	34,110
Gross Profit	1,601	213.18	2,551	2,608	675.42
Selling, General & Admin	1,834	3,857	4,224	3,260	4,028
Research & Development	173.33	183.84	170.89	120.82	170.06
Amortization of Goodwill & Intangibles	59.12	39.62	1.02	1.53	2.08
Other Operating Expenses	114.44	167.47	195.09	198.33	214.04
Operating Expenses	2,344	4,353	4,698	3,664	4,532
Operating Income	-743.28	-4,140	-2,147	-1,056	-3,856
Interest Expense	-1,638	-385.27	-150.22	-10	-1.68
Interest & Investment Income	919.38	15.06	59.64	98.01	121.49
Currency Exchange Gain (Loss)	-351.61	-8.49	-2.31	-39.35	-19.35
Other Non Operating Income (Expenses)	104.67	103.23	119.25	99.31	77.66
EBT Excluding Unusual Items	-1,709	-4,415	-2,121	-907.66	-3,678
Gain (Loss) on Sale of Investments	2,509	-	-	-	-
Gain (Loss) on Sale of Assets	-11.26	-7.25	-5.8	-331.37	2,248
Asset Writedown	-	-65.92	-65.12	-	-133.92
Pretax Income	788.88	-4,488	-2,192	-1,239	-1,564
Income Tax Expense	-107.61	-0.09	-21.08	-126.23	648.22
Net Income	896.49	-4,488	-2,171	-1,113	-2,213
Net Income to Common	896.49	-4,488	-2,171	-1,113	-2,213
Shares Outstanding (Basic)	-	17	16	13	12
Shares Outstanding (Diluted)	-	17	16	13	12
Shares Change (YoY)	-	5.23%	17.77%	11.80%	-
EPS (Basic)	-	-269.94	-137.39	-82.95	-184.39
EPS (Diluted)	-	-269.94	-137.39	-82.95	-184.39
Free Cash Flow	-1,074	-1,453	-12,438	-9,188	-5,152
Free Cash Flow Per Share	-	-87.39	-787.20	-684.86	-429.31
Gross Margin	8.62%	0.87%	9.02%	8.96%	1.94%
Operating Margin	-4.00%	-16.88%	-7.59%	-3.63%	-11.09%
Profit Margin	4.83%	-18.30%	-7.67%	-3.82%	-6.36%
Free Cash Flow Margin	-5.79%	-5.92%	-43.98%	-31.59%	-14.81%
EBITDA	1,154	-2,205	-1,202	-532.98	-3,233
EBITDA Margin	6.21%	-8.99%	-4.25%	-1.83%	-9.29%
D&A For EBITDA	1,897	1,934	945.24	522.65	623.61
EBIT	-743.28	-4,140	-2,147	-1,056	-3,856
EBIT Margin	-4.00%	-16.88%	-7.59%	-3.63%	-11.09%
Advertising Expenses	22	72.2	153.35	87.82	138.34

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.