Daehan Steel Co., Ltd. (KRX:084010)

Daehan Steel 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	-	-	-0	-	-	-
Revenue	1,267,682	1,224,535	1,447,832	2,141,616	2,030,305	1,096,135
Revenue Growth (YoY)	2.27%	-15.42%	-32.40%	5.48%	85.22%	7.28%
Cost of Revenue	1,194,930	1,148,318	1,271,289	1,848,058	1,757,836	961,024
Gross Profit	72,752	76,216	176,543	293,558	272,469	135,111
Selling, General & Admin	65,028	59,260	57,120	72,352	66,688	49,671
Research & Development	-	-	3,901	487.19	235.6	407.05
Amortization of Goodwill & Intangibles	2,523	2,523	1,623	430.14	614.64	442.6
Other Operating Expenses	1,674	1,674	1,545	1,064	1,225	671.59
Operating Expenses	71,665	65,897	66,340	78,174	70,668	53,293
Operating Income	1,087	10,319	110,203	215,384	201,801	81,818
Interest Expense	-1,484	-1,484	-1,831	-3,157	-1,262	-1,680
Interest & Investment Income	8,655	8,655	9,154	3,612	1,160	1,233
Earnings From Equity Investments	24,620	14,526	19,910	10,113	11,481	1,356
Currency Exchange Gain (Loss)	2,385	2,385	595.61	-42.62	2,273	-137.34
Other Non Operating Income (Expenses)	-5,736	9,712	-45,091	-32,856	-7,292	-6,678
EBT Excluding Unusual Items	29,527	44,112	92,941	193,053	208,161	75,912
Gain (Loss) on Sale of Investments	6,564	6,564	1,828	3,150	2,438	526.55
Gain (Loss) on Sale of Assets	614.35	614.35	566.77	-406.9	9,644	-1,854
Asset Writedown	-2.33	-2.33	1.67	-25.67	-22.47	-3,697
Pretax Income	36,702	51,288	95,338	195,771	220,221	70,887
Income Tax Expense	6,672	11,274	18,289	58,164	56,540	17,807
Earnings From Continuing Operations	30,030	40,014	77,049	137,607	163,681	53,080
Net Income to Company	30,030	40,014	77,049	137,607	163,681	53,080
Minority Interest in Earnings	-1,168	-2,491	-5,049	-12,034	-22,103	-4,346
Net Income	28,862	37,523	72,000	125,573	141,578	48,734
Net Income to Common	28,862	37,523	72,000	125,573	141,578	48,734
Net Income Growth	-49.88%	-47.88%	-42.66%	-11.30%	190.51%	61.72%
Shares Outstanding (Basic)	17	17	18	19	22	22
Shares Outstanding (Diluted)	17	17	18	19	22	22
Shares Change (YoY)	-4.39%	-3.07%	-5.48%	-11.88%	-1.20%	-2.88%
EPS (Basic)	1727.05	2154.18	4006.70	6605.34	6562.59	2231.96
EPS (Diluted)	1727.05	2154.18	4006.70	6605.34	6562.59	2231.96
EPS Growth	-47.58%	-46.23%	-39.34%	0.65%	194.03%	66.51%
Free Cash Flow	40,332	-15,496	33,824	25,072	100,779	150,515
Free Cash Flow Per Share	2413.37	-889.63	1882.30	1318.82	4671.40	6893.37
Dividend Per Share	500.000	500.000	500.000	780.000	400.000	300.000
Dividend Growth	-	-	-35.90%	95.00%	33.33%	50.00%
Gross Margin	5.74%	6.22%	12.19%	13.71%	13.42%	12.33%
Operating Margin	0.09%	0.84%	7.61%	10.06%	9.94%	7.46%
Profit Margin	2.28%	3.06%	4.97%	5.86%	6.97%	4.45%
Free Cash Flow Margin	3.18%	-1.26%	2.34%	1.17%	4.96%	13.73%
EBITDA	23,886	38,150	144,745	245,489	234,998	106,805
EBITDA Margin	1.88%	3.12%	10.00%	11.46%	11.58%	9.74%
D&A For EBITDA	22,799	27,831	34,541	30,104	33,197	24,987
EBIT	1,087	10,319	110,203	215,384	201,801	81,818
EBIT Margin	0.09%	0.84%	7.61%	10.06%	9.94%	7.46%
Effective Tax Rate	18.18%	21.98%	19.18%	29.71%	25.67%	25.12%
Advertising Expenses	-	629.92	327.48	244.4	118	132.75

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.