Sejin Heavy Industries Co., Ltd. (KRX:075580)

Sejin Heavy Industries 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	382,128	352,377	384,796	410,054	250,381	285,565
Other Revenue	-	-	-0	-	-	-
Revenue	382,128	352,377	384,796	410,054	250,381	285,565
Revenue Growth (YoY)	6.29%	-8.43%	-6.16%	63.77%	-12.32%	-3.48%
Cost of Revenue	308,432	294,323	328,662	362,983	228,245	266,701
Gross Profit	73,696	58,054	56,134	47,070	22,135	18,864
Selling, General & Admin	21,321	19,443	20,770	21,042	17,510	16,828
Research & Development	107.93	178.28	213.87	38.33	70.93	90.32
Other Operating Expenses	879.11	1,109	653.38	365.21	271.79	158.93
Operating Expenses	23,362	22,074	22,580	22,466	19,725	17,973
Operating Income	50,334	35,979	33,555	24,605	2,410	891.12
Interest Expense	-11,651	-11,946	-12,374	-8,708	-5,838	-5,559
Interest & Investment Income	3,920	2,925	1,571	1,304	258.59	963.28
Currency Exchange Gain (Loss)	761.61	924.97	2,043	594.16	1,543	-254.05
Other Non Operating Income (Expenses)	1,083	1,027	1,729	497.62	-10,396	-1,208
EBT Excluding Unusual Items	44,447	28,911	26,523	18,293	-12,023	-5,167
Gain (Loss) on Sale of Investments	252.76	129.76	-908.02	148.25	1,798	-279.82
Gain (Loss) on Sale of Assets	14.1	0.49	-77.85	1.53	33,769	10,961
Asset Writedown	-	-	288.47	-1,086	-	-
Pretax Income	44,752	29,047	25,826	17,357	23,544	5,515
Income Tax Expense	9,058	7,026	2,460	3,284	9,484	2,231
Earnings From Continuing Operations	35,694	22,021	23,366	14,073	14,060	3,284
Earnings From Discontinued Operations	-	-	-635.65	-715.04	-	-
Net Income to Company	35,694	22,021	22,730	13,358	14,060	3,284
Minority Interest in Earnings	-6,115	-10,671	-5,609	-1,744	2,320	-1,432
Net Income	29,579	11,351	17,122	11,614	16,380	1,852
Net Income to Common	29,579	11,351	17,122	11,614	16,380	1,852
Net Income Growth	214.59%	-33.71%	47.43%	-29.10%	784.47%	-21.76%
Shares Outstanding (Basic)	57	57	55	55	55	56
Shares Outstanding (Diluted)	57	57	55	55	55	56
Shares Change (YoY)	1.77%	3.42%	0.01%	-0.47%	-0.98%	-2.02%
EPS (Basic)	520.30	199.93	311.88	211.57	297.00	33.25
EPS (Diluted)	520.30	199.93	311.88	211.57	297.00	33.25
EPS Growth	209.11%	-35.90%	47.41%	-28.76%	793.26%	-20.14%
Free Cash Flow	24,947	11,479	25,928	-15,833	-8,856	7,727
Free Cash Flow Per Share	438.83	202.18	472.29	-288.44	-160.58	138.72
Dividend Per Share	200.000	200.000	-	-	-	-
Gross Margin	19.29%	16.48%	14.59%	11.48%	8.84%	6.61%
Operating Margin	13.17%	10.21%	8.72%	6.00%	0.96%	0.31%
Profit Margin	7.74%	3.22%	4.45%	2.83%	6.54%	0.65%
Free Cash Flow Margin	6.53%	3.26%	6.74%	-3.86%	-3.54%	2.71%
EBITDA	60,287	44,339	43,153	32,645	10,797	9,951
EBITDA Margin	15.78%	12.58%	11.21%	7.96%	4.31%	3.48%
D&A For EBITDA	9,953	8,359	9,599	8,040	8,387	9,060
EBIT	50,334	35,979	33,555	24,605	2,410	891.12
EBIT Margin	13.17%	10.21%	8.72%	6.00%	0.96%	0.31%
Effective Tax Rate	20.24%	24.19%	9.53%	18.92%	40.28%	40.45%
Advertising Expenses	-	107.19	245.18	229.9	99.24	53.8

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