Hyundai Rotem Company (KRX:064350)

Hyundai Rotem Company 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
Revenue	5,128,067	4,376,598	3,587,382	3,163,344	2,872,512	2,785,326
Revenue Growth (YoY)	36.44%	22.00%	13.41%	10.13%	3.13%	13.26%
Cost of Revenue	3,956,954	3,547,550	3,122,984	2,797,912	2,619,727	2,540,824
Gross Profit	1,171,112	829,048	464,398	365,432	252,785	244,502
Selling, General & Admin	326,766	296,567	186,176	180,939	132,289	116,779
Research & Development	41,250	31,701	28,943	18,283	21,563	12,716
Other Operating Expenses	4,303	3,567	2,491	1,931	1,574	1,768
Operating Expenses	411,754	372,482	254,352	217,945	172,567	162,441
Operating Income	759,359	456,566	210,047	147,487	80,218	82,061
Interest Expense	-13,017	-16,622	-28,873	-41,165	-32,010	-35,977
Interest & Investment Income	30,043	28,210	29,368	9,022	4,641	3,238
Earnings From Equity Investments	-111.33	-106.62	601.41	-146.54	-147.37	10,582
Currency Exchange Gain (Loss)	-8,733	17,689	-19,208	-11,468	-13,162	-64,331
Other Non Operating Income (Expenses)	11,610	25,362	-11,421	-184.71	-4,852	9,085
EBT Excluding Unusual Items	779,150	511,099	180,514	103,543	34,687	4,659
Gain (Loss) on Sale of Investments	-764.08	-1,254	187.76	-7.49	651.36	-759.06
Gain (Loss) on Sale of Assets	-600.52	-284.02	139.44	360.8	-52.63	19,814
Asset Writedown	-	-	-	-16	-4.33	-8,449
Other Unusual Items	-	-	-	-	-	-246.25
Pretax Income	777,786	509,561	180,841	103,881	35,282	15,019
Income Tax Expense	182,301	104,302	24,062	-90,654	-16,130	-7,391
Earnings From Continuing Operations	595,484	405,259	156,779	194,534	51,412	22,409
Minority Interest in Earnings	2,856	1,632	4,249	3,263	15,097	8,612
Net Income	598,340	406,892	161,028	197,798	66,508	31,021
Net Income to Common	598,340	406,892	161,028	197,798	66,508	31,021
Net Income Growth	143.56%	152.68%	-18.59%	197.40%	114.39%	-
Shares Outstanding (Basic)	109	109	109	109	109	95
Shares Outstanding (Diluted)	109	109	109	109	109	95
Shares Change (YoY)	0.02%	-	-	-	14.54%	12.10%
EPS (Basic)	5481.70	3728.09	1475.39	1812.29	609.37	325.56
EPS (Diluted)	5481.70	3728.09	1475.39	1812.29	609.00	325.56
EPS Growth	143.51%	152.68%	-18.59%	197.59%	87.06%	-
Free Cash Flow	606,829	61,464	679,515	683,758	-106,865	25,874
Free Cash Flow Per Share	5559.47	563.16	6225.96	6264.84	-979.13	271.54
Dividend Per Share	200.000	200.000	-	-	-	-
Gross Margin	22.84%	18.94%	12.95%	11.55%	8.80%	8.78%
Operating Margin	14.81%	10.43%	5.85%	4.66%	2.79%	2.95%
Profit Margin	11.67%	9.30%	4.49%	6.25%	2.31%	1.11%
Free Cash Flow Margin	11.83%	1.40%	18.94%	21.62%	-3.72%	0.93%
EBITDA	812,406	503,574	249,977	185,799	115,291	126,262
EBITDA Margin	15.84%	11.51%	6.97%	5.87%	4.01%	4.53%
D&A For EBITDA	53,047	47,008	39,931	38,312	35,073	44,200
EBIT	759,359	456,566	210,047	147,487	80,218	82,061
EBIT Margin	14.81%	10.43%	5.85%	4.66%	2.79%	2.95%
Effective Tax Rate	23.44%	20.47%	13.31%	-	-	-
Advertising Expenses	-	22,707	14,316	8,416	11,201	4,925

Source: S&P Global Market Intelligence. Standard template. Financial Sources.