Hojeon Limited (KRX:111110)

Hojeon 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	503,891	463,973	441,549	480,000	344,868	292,535
Other Revenue	-0	-	-	-	-	-
Revenue	503,891	463,973	441,549	480,000	344,868	292,535
Revenue Growth (YoY)	20.34%	5.08%	-8.01%	39.18%	17.89%	-5.57%
Cost of Revenue	410,132	377,187	355,384	385,164	279,307	249,437
Gross Profit	93,759	86,786	86,164	94,836	65,561	43,098
Selling, General & Admin	56,033	51,175	44,360	47,144	40,522	36,314
Research & Development	99.39	110.7	42.29	540.39	1,142	888.57
Other Operating Expenses	3,333	3,951	2,841	2,025	1,339	1,821
Operating Expenses	62,768	57,863	51,546	56,497	44,941	42,761
Operating Income	30,992	28,923	34,618	38,339	20,619	337.49
Interest Expense	-11,623	-11,345	-12,854	-9,253	-6,611	-5,570
Interest & Investment Income	1,882	1,840	1,829	729.37	249.25	567.27
Earnings From Equity Investments	55.48	55.48	-	-	-	-
Currency Exchange Gain (Loss)	855.14	13,677	164.97	9,209	5,134	-5,772
Other Non Operating Income (Expenses)	784.37	1,021	868.52	-146.82	510.85	291.39
EBT Excluding Unusual Items	22,946	34,171	24,627	38,877	19,903	-10,145
Gain (Loss) on Sale of Investments	-	-	-	-115.67	-9.33	-
Gain (Loss) on Sale of Assets	38.38	-25.19	-374.05	36.53	9.33	-984.63
Asset Writedown	-5	-5	-1,213	2.5	11.5	8.5
Pretax Income	22,979	34,141	23,039	38,801	19,914	-11,121
Income Tax Expense	7,973	10,973	5,848	12,034	8,131	6,419
Earnings From Continuing Operations	15,006	23,168	17,191	26,767	11,783	-17,540
Minority Interest in Earnings	716.19	340.43	51.93	215.15	-8.96	215.89
Net Income	15,722	23,508	17,243	26,982	11,774	-17,325
Preferred Dividends & Other Adjustments	-	-	-	-	-	-1,366
Net Income to Common	15,722	23,508	17,243	26,982	11,774	-15,959
Net Income Growth	34.52%	36.33%	-36.09%	129.16%	-	-
Shares Outstanding (Basic)	9	9	9	9	8	8
Shares Outstanding (Diluted)	9	10	12	13	11	8
Shares Change (YoY)	-14.55%	-14.62%	-7.73%	13.76%	50.50%	-0.13%
EPS (Basic)	1747.89	2560.26	1863.64	2931.66	1516.91	-2127.00
EPS (Diluted)	1683.42	2324.13	1586.48	2243.28	1230.83	-2127.00
EPS Growth	51.07%	46.50%	-29.28%	82.26%	-	-
Free Cash Flow	5,356	-22,443	9,977	19,405	9,544	2,958
Free Cash Flow Per Share	573.42	-2217.69	841.79	1510.56	845.17	394.29
Dividend Per Share	400.000	400.000	300.000	300.000	250.000	200.000
Dividend Growth	33.33%	33.33%	-	20.00%	25.00%	-20.00%
Gross Margin	18.61%	18.70%	19.51%	19.76%	19.01%	14.73%
Operating Margin	6.15%	6.23%	7.84%	7.99%	5.98%	0.11%
Profit Margin	3.12%	5.07%	3.91%	5.62%	3.41%	-5.46%
Free Cash Flow Margin	1.06%	-4.84%	2.26%	4.04%	2.77%	1.01%
EBITDA	40,674	38,031	42,714	45,851	26,966	6,698
EBITDA Margin	8.07%	8.20%	9.67%	9.55%	7.82%	2.29%
D&A For EBITDA	9,682	9,109	8,095	7,512	6,346	6,360
EBIT	30,992	28,923	34,618	38,339	20,619	337.49
EBIT Margin	6.15%	6.23%	7.84%	7.99%	5.98%	0.11%
Effective Tax Rate	34.70%	32.14%	25.38%	31.01%	40.83%	-
Advertising Expenses	-	1.42	30.7	26.86	15.13	10.97

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