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

Sejin Heavy Industries Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	352,377	384,796	410,054	250,381	285,565
Other Revenue	-	-0	-	-	-
Revenue	352,377	384,796	410,054	250,381	285,565
Revenue Growth (YoY)	-8.43%	-6.16%	63.77%	-12.32%	-3.48%
Cost of Revenue	294,323	328,662	362,983	228,245	266,701
Gross Profit	58,054	56,134	47,070	22,135	18,864
Selling, General & Admin	19,443	20,770	21,042	17,510	16,828
Research & Development	178.28	213.87	38.33	70.93	90.32
Other Operating Expenses	1,109	653.38	365.21	271.79	158.93
Operating Expenses	22,074	22,580	22,466	19,725	17,973
Operating Income	35,979	33,555	24,605	2,410	891.12
Interest Expense	-11,946	-12,374	-8,708	-5,838	-5,559
Interest & Investment Income	2,925	1,571	1,304	258.59	963.28
Currency Exchange Gain (Loss)	924.97	2,043	594.16	1,543	-254.05
Other Non Operating Income (Expenses)	1,027	1,729	497.62	-10,396	-1,208
EBT Excluding Unusual Items	28,911	26,523	18,293	-12,023	-5,167
Gain (Loss) on Sale of Investments	129.76	-908.02	148.25	1,798	-279.82
Gain (Loss) on Sale of Assets	0.49	-77.85	1.53	33,769	10,961
Asset Writedown	-	288.47	-1,086	-	-
Pretax Income	29,047	25,826	17,357	23,544	5,515
Income Tax Expense	7,026	2,460	3,284	9,484	2,231
Earnings From Continuing Operations	22,021	23,366	14,073	14,060	3,284
Earnings From Discontinued Operations	-	-635.65	-715.04	-	-
Net Income to Company	22,021	22,730	13,358	14,060	3,284
Minority Interest in Earnings	-10,671	-5,609	-1,744	2,320	-1,432
Net Income	11,351	17,122	11,614	16,380	1,852
Net Income to Common	11,351	17,122	11,614	16,380	1,852
Net Income Growth	-33.71%	47.43%	-29.10%	784.47%	-21.76%
Shares Outstanding (Basic)	57	55	55	55	56
Shares Outstanding (Diluted)	57	55	55	55	56
Shares Change (YoY)	3.42%	0.01%	-0.47%	-0.98%	-2.02%
EPS (Basic)	199.93	311.88	211.57	297.00	33.25
EPS (Diluted)	199.93	311.88	211.57	297.00	33.25
EPS Growth	-35.90%	47.41%	-28.76%	793.26%	-20.14%
Free Cash Flow	11,479	25,928	-15,833	-8,856	7,727
Free Cash Flow Per Share	202.18	472.29	-288.44	-160.58	138.72
Dividend Per Share	200.000	-	-	-	-
Gross Margin	16.48%	14.59%	11.48%	8.84%	6.61%
Operating Margin	10.21%	8.72%	6.00%	0.96%	0.31%
Profit Margin	3.22%	4.45%	2.83%	6.54%	0.65%
Free Cash Flow Margin	3.26%	6.74%	-3.86%	-3.54%	2.71%
EBITDA	44,339	43,153	32,645	10,797	9,951
EBITDA Margin	12.58%	11.21%	7.96%	4.31%	3.48%
D&A For EBITDA	8,359	9,599	8,040	8,387	9,060
EBIT	35,979	33,555	24,605	2,410	891.12
EBIT Margin	10.21%	8.72%	6.00%	0.96%	0.31%
Effective Tax Rate	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.