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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	0	-	-	-0	-	-
Revenue	12,248,355	9,411,948	8,939,621	8,394,203	7,141,137	6,453,072
Revenue Growth (YoY)	36.66%	5.28%	6.50%	17.55%	10.66%	-6.25%
Cost of Revenue	8,647,454	5,993,367	6,104,688	6,348,132	5,245,554	4,597,808
Gross Profit	3,600,901	3,418,581	2,834,934	2,046,072	1,895,583	1,855,263
Selling, General & Admin	1,383,600	1,232,860	1,132,377	1,006,900	933,855	894,865
Research & Development	314,104	255,925	227,643	209,392	196,107	195,029
Other Operating Expenses	38,188	32,770	30,006	21,656	24,258	20,923
Operating Expenses	1,881,895	1,655,527	1,507,076	1,341,038	1,253,752	1,227,295
Operating Income	1,719,006	1,763,053	1,327,858	705,034	641,831	627,968
Interest Expense	-105,304	-44,367	-70,371	-61,658	-43,762	-47,464
Interest & Investment Income	133,527	134,211	94,362	35,518	18,223	16,317
Earnings From Equity Investments	-252,135	-260,108	-22,967	-	-	-
Currency Exchange Gain (Loss)	74,059	94,313	-72,898	99,555	43,940	-38,455
Other Non Operating Income (Expenses)	-40,065	-15,514	-72,413	-12,363	21,030	20,530
EBT Excluding Unusual Items	1,529,089	1,671,588	1,183,570	766,086	681,262	578,896
Gain (Loss) on Sale of Investments	-23,669	-94,605	-12,959	-18,153	45,629	5,114
Gain (Loss) on Sale of Assets	-2,275	-3,329	-1,940	117,888	439.59	-5,983
Asset Writedown	-4,608	-47.37	-3,131	-7,674	-14,825	-4.5
Pretax Income	1,498,736	1,573,822	1,171,219	858,354	712,853	578,268
Income Tax Expense	415,924	442,724	442,426	152,579	118,139	193,063
Earnings From Continuing Operations	1,082,812	1,131,098	728,793	705,775	594,714	385,205
Minority Interest in Earnings	-4,542	-16,469	-8,575	-15,526	-6,522	-12,868
Net Income	1,078,270	1,114,629	720,218	690,249	588,192	372,337
Net Income to Common	1,078,270	1,114,629	720,218	690,249	588,192	372,337
Net Income Growth	9.55%	54.76%	4.34%	17.35%	57.97%	-11.24%
Shares Outstanding (Basic)	122	122	122	122	122	123
Shares Outstanding (Diluted)	122	122	122	122	122	123
Shares Change (YoY)	0.02%	-	-	-	-0.67%	-0.84%
EPS (Basic)	8838.89	9137.14	5903.97	5658.30	4821.69	3031.81
EPS (Diluted)	8838.89	9137.14	5903.97	5658.30	4821.69	3031.81
EPS Growth	9.54%	54.76%	4.34%	17.35%	59.04%	-10.49%
Free Cash Flow	284,936	852,930	1,551,269	209,760	513,996	978,640
Free Cash Flow Per Share	2335.70	6991.87	12716.49	1719.50	4213.47	7968.73
Dividend Per Share	2000.000	2000.000	-	-	-	-
Gross Margin	29.40%	36.32%	31.71%	24.38%	26.55%	28.75%
Operating Margin	14.04%	18.73%	14.85%	8.40%	8.99%	9.73%
Profit Margin	8.80%	11.84%	8.06%	8.22%	8.24%	5.77%
Free Cash Flow Margin	2.33%	9.06%	17.35%	2.50%	7.20%	15.17%
EBITDA	2,235,957	2,278,089	1,835,229	1,240,906	1,234,012	1,255,492
EBITDA Margin	18.25%	24.20%	20.53%	14.78%	17.28%	19.46%
D&A For EBITDA	516,951	515,036	507,372	535,873	592,181	627,524
EBIT	1,719,006	1,763,053	1,327,858	705,034	641,831	627,968
EBIT Margin	14.04%	18.73%	14.85%	8.40%	8.99%	9.73%
Effective Tax Rate	27.75%	28.13%	37.77%	17.78%	16.57%	33.39%
Advertising Expenses	-	242,009	199,705	182,838	153,694	133,398

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.