Hankook Tire & Technology Co., Ltd. (KRX: 161390)

Hankook Tire & Technology Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Other Revenue	-	-	-0	-	-	-0
Revenue	9,112,449	8,939,621	8,394,203	7,141,137	6,453,072	6,883,269
Revenue Growth (YoY)	1.57%	6.50%	17.55%	10.66%	-6.25%	1.30%
Cost of Revenue	5,731,676	6,104,688	6,348,132	5,245,554	4,597,808	5,028,430
Gross Profit	3,380,773	2,834,934	2,046,072	1,895,583	1,855,263	1,854,839
Selling, General & Admin	1,186,368	1,132,377	1,006,900	933,855	894,865	973,713
Research & Development	249,315	227,643	209,392	196,107	195,029	210,911
Other Operating Expenses	34,776	30,006	21,656	24,258	20,923	20,103
Operating Expenses	1,598,564	1,507,076	1,341,038	1,253,752	1,227,295	1,315,307
Operating Income	1,782,209	1,327,858	705,034	641,831	627,968	539,532
Interest Expense	-58,391	-70,371	-61,658	-43,762	-47,464	-57,331
Interest & Investment Income	132,347	94,362	35,518	18,223	16,317	15,809
Earnings From Equity Investments	-22,967	-22,967	-	-	-	-
Currency Exchange Gain (Loss)	-17,413	-72,898	99,555	43,940	-38,455	32,966
Other Non Operating Income (Expenses)	17,995	-72,413	-12,363	21,030	20,530	-22,165
EBT Excluding Unusual Items	1,833,779	1,183,570	766,086	681,262	578,896	508,812
Gain (Loss) on Sale of Investments	-54,711	-12,959	-18,153	45,629	5,114	45,971
Gain (Loss) on Sale of Assets	-1,821	-1,940	117,888	439.59	-5,983	41,340
Asset Writedown	-3,131	-3,131	-7,674	-14,825	-4.5	-6,559
Pretax Income	1,774,389	1,171,219	858,354	712,853	578,268	589,884
Income Tax Expense	514,089	442,426	152,579	118,139	193,063	160,269
Earnings From Continuing Operations	1,260,301	728,793	705,775	594,714	385,205	429,615
Minority Interest in Earnings	-13,701	-8,575	-15,526	-6,522	-12,868	-10,101
Net Income	1,246,600	720,218	690,249	588,192	372,337	419,513
Net Income to Common	1,246,600	720,218	690,249	588,192	372,337	419,513
Net Income Growth	120.94%	4.34%	17.35%	57.97%	-11.25%	-19.67%
Shares Outstanding (Basic)	122	122	122	122	123	124
Shares Outstanding (Diluted)	122	122	122	122	123	124
Shares Change (YoY)	0.00%	-	-	-0.67%	-0.84%	-
EPS (Basic)	10218.83	5903.97	5658.30	4821.69	3031.81	3387.19
EPS (Diluted)	10218.83	5903.97	5658.30	4821.69	3031.81	3387.19
EPS Growth	120.93%	4.34%	17.35%	59.04%	-10.49%	-19.67%
Free Cash Flow	1,063,660	1,548,944	209,760	513,996	978,640	488,073
Free Cash Flow Per Share	8719.21	12697.43	1719.50	4213.47	7968.73	3940.75
Dividend Per Share	1300.000	1300.000	-	-	-	-
Gross Margin	37.10%	31.71%	24.37%	26.54%	28.75%	26.95%
Operating Margin	19.56%	14.85%	8.40%	8.99%	9.73%	7.84%
Profit Margin	13.68%	8.06%	8.22%	8.24%	5.77%	6.09%
Free Cash Flow Margin	11.67%	17.33%	2.50%	7.20%	15.17%	7.09%
EBITDA	2,268,205	1,835,229	1,240,906	1,234,012	1,255,492	1,171,171
EBITDA Margin	24.89%	20.53%	14.78%	17.28%	19.46%	17.01%
D&A For EBITDA	485,996	507,372	535,873	592,181	627,524	631,639
EBIT	1,782,209	1,327,858	705,034	641,831	627,968	539,532
EBIT Margin	19.56%	14.85%	8.40%	8.99%	9.73%	7.84%
Effective Tax Rate	28.97%	37.77%	17.78%	16.57%	33.39%	27.17%
Advertising Expenses	-	199,842	182,838	153,694	133,398	197,051

Source: S&P Capital IQ. Standard template. Financial Sources.