Sejin Heavy Industries Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	386,761	402,686	352,377	384,796	410,054	250,381
Other Revenue	-0	-0	-	-0	-	-
Revenue	386,761	402,686	352,377	384,796	410,054	250,381
Revenue Growth	1.21%	14.28%	-8.43%	-6.16%	63.77%	-12.32%
Cost of Revenue	283,267	305,276	294,323	328,662	362,983	228,245
Gross Profit	103,494	97,410	58,054	56,134	47,070	22,135
Selling, General & Admin	20,710	22,197	19,443	20,770	21,042	17,510
Research & Development	20.01	16.9	178.28	213.87	38.33	70.93
Amortization of Goodwill & Intangibles	29.02	46.62	49.3	55.76	50.18	50.29
Other Operating Expenses	1,105	919.73	1,109	653.38	365.21	271.79
Operating Expenses	22,664	24,022	22,074	22,580	22,466	19,725
Operating Income	80,830	73,389	35,979	33,555	24,605	2,410
Interest Expense	-9,543	-10,836	-11,946	-12,374	-8,708	-5,838
Interest & Investment Income	5,250	4,488	2,925	1,571	1,304	258.59
Currency Exchange Gain (Loss)	7,044	2,398	924.97	2,043	594.16	1,543
Other Non Operating Income (Expenses)	975.56	951.25	1,027	1,729	497.62	-10,396
EBT Excluding Unusual Items	84,556	70,389	28,911	26,523	18,293	-12,023
Gain (Loss) on Sale of Investments	12,027	2,997	129.76	-908.02	148.25	1,798
Gain (Loss) on Sale of Assets	5.58	19.19	0.49	-77.85	1.53	33,769
Asset Writedown	-	-	-	288.47	-1,086	-
Pretax Income	96,589	73,436	29,047	25,826	17,357	23,544
Income Tax Expense	18,348	13,592	7,026	2,460	3,284	9,484
Earnings From Continuing Operations	78,241	59,844	22,021	23,366	14,073	14,060
Earnings From Discontinued Operations	-	-	-	-635.65	-715.04	-
Net Income to Company	78,241	59,844	22,021	22,730	13,358	14,060
Minority Interest in Earnings	-14,193	-9,164	-10,671	-5,609	-1,744	2,320
Net Income	64,048	50,681	11,351	17,122	11,614	16,380
Net Income to Common	64,048	50,681	11,351	17,122	11,614	16,380
Net Income Growth	116.53%	346.50%	-33.71%	47.43%	-29.10%	784.47%
Shares Outstanding (Basic)	57	57	57	55	55	55
Shares Outstanding (Diluted)	57	57	57	55	55	55
Shares Change	-0.05%	0.13%	3.42%	0.01%	-0.47%	-0.98%
EPS (Basic)	1126.36	891.49	199.93	311.88	211.57	297.00
EPS (Diluted)	1126.36	891.49	199.93	311.88	211.57	297.00
EPS Growth	116.69%	345.91%	-35.90%	47.41%	-28.76%	793.26%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	53,134	48,060	11,479	25,928	-15,833	-8,856
Free Cash Flow Per Share	934.43	845.38	202.18	472.29	-288.44	-160.58
Gross Margin	26.76%	24.19%	16.48%	14.59%	11.48%	8.84%
Operating Margin	20.90%	18.22%	10.21%	8.72%	6.00%	0.96%
Profit Margin	16.56%	12.59%	3.22%	4.45%	2.83%	6.54%
Free Cash Flow Margin	13.74%	11.94%	3.26%	6.74%	-3.86%	-3.54%
EBITDA	92,905	85,348	44,339	43,153	32,645	10,797
EBITDA Margin	24.02%	21.20%	12.58%	11.21%	7.96%	4.31%
D&A For EBITDA	12,075	11,960	8,359	9,599	8,040	8,387
EBIT	80,830	73,389	35,979	33,555	24,605	2,410
EBIT Margin	20.90%	18.22%	10.21%	8.72%	6.00%	0.96%
Effective Tax Rate	19.00%	18.51%	24.19%	9.53%	18.92%	40.28%
Advertising Expenses	-	354.75	107.19	245.18	229.9	99.24