Hankook Tire & Technology 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	21,865,395	21,202,299	9,411,948	8,939,621	8,394,203	7,141,137
Other Revenue	-	-0	-	-	-0	-
Revenue	21,865,395	21,202,299	9,411,948	8,939,621	8,394,203	7,141,137
Revenue Growth	42.91%	125.27%	5.28%	6.50%	17.55%	10.66%
Cost of Revenue	16,792,923	16,599,856	5,990,849	6,104,688	6,348,132	5,245,554
Gross Profit	5,072,472	4,602,444	3,421,099	2,834,934	2,046,072	1,895,583
Selling, General & Admin	1,958,918	1,867,416	1,232,860	1,132,377	1,006,900	933,855
Research & Development	580,568	539,065	255,925	227,643	209,392	196,107
Amortization of Goodwill & Intangibles	79,117	89,980	16,196	15,984	16,543	18,148
Other Operating Expenses	75,477	67,595	35,288	30,006	21,656	24,258
Operating Expenses	2,873,325	2,761,158	1,658,046	1,507,076	1,341,038	1,253,752
Operating Income	2,199,146	1,841,286	1,763,053	1,327,858	705,034	641,831
Interest Expense	-309,942	-321,545	-44,367	-70,371	-61,658	-43,762
Interest & Investment Income	111,102	112,187	134,211	94,362	35,518	18,223
Earnings From Equity Investments	-10,121	-10,121	-260,108	-22,967	-	-
Currency Exchange Gain (Loss)	116,193	6,522	94,313	-72,898	99,555	43,940
Other Non Operating Income (Expenses)	-91,855	-17,000	-15,514	-72,413	-12,363	21,030
EBT Excluding Unusual Items	2,014,524	1,611,328	1,671,588	1,183,570	766,086	681,262
Gain (Loss) on Sale of Investments	154.16	80,985	-94,605	-12,959	-18,153	45,629
Gain (Loss) on Sale of Assets	-15,627	-12,900	-3,329	-1,940	117,888	439.59
Asset Writedown	-236,391	-240,400	-47.37	-3,131	-7,674	-14,825
Pretax Income	1,762,970	1,439,280	1,573,822	1,171,219	858,354	712,853
Income Tax Expense	592,683	467,686	442,724	442,426	152,579	118,139
Earnings From Continuing Operations	1,170,288	971,595	1,131,098	728,793	705,775	594,714
Minority Interest in Earnings	42,672	117,872	-16,469	-8,575	-15,526	-6,522
Net Income	1,212,960	1,089,466	1,114,629	720,218	690,249	588,192
Net Income to Common	1,212,960	1,089,466	1,114,629	720,218	690,249	588,192
Net Income Growth	28.59%	-2.26%	54.76%	4.34%	17.35%	57.97%
Shares Outstanding (Basic)	122	122	122	122	122	122
Shares Outstanding (Diluted)	122	122	122	122	122	122
Shares Change	-0.01%	-	-	-	-	-0.67%
EPS (Basic)	9943.90	8930.88	9137.14	5903.97	5658.30	4821.69
EPS (Diluted)	9943.90	8930.88	9137.14	5903.97	5658.30	4821.69
EPS Growth	28.60%	-2.26%	54.76%	4.34%	17.35%	59.04%

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	481,452	-499,802	852,930	1,551,269	209,760	513,996
Free Cash Flow Per Share	3946.97	-4097.12	6991.87	12716.49	1719.50	4213.47
Dividend Per Share	2300.000	2300.000	-	-	-	-
Dividend Growth	-	-	-	-	-	-
Gross Margin	23.20%	21.71%	36.35%	31.71%	24.38%	26.55%
Operating Margin	10.06%	8.68%	18.73%	14.85%	8.40%	8.99%
Profit Margin	5.55%	5.14%	11.84%	8.06%	8.22%	8.24%
Free Cash Flow Margin	2.20%	-2.36%	9.06%	17.35%	2.50%	7.20%
EBITDA	4,015,764	3,224,043	2,278,089	1,835,229	1,240,906	1,234,012
EBITDA Margin	18.37%	15.21%	24.20%	20.53%	14.78%	17.28%
D&A For EBITDA	1,816,618	1,382,757	515,036	507,372	535,873	592,181
EBIT	2,199,146	1,841,286	1,763,053	1,327,858	705,034	641,831
EBIT Margin	10.06%	8.68%	18.73%	14.85%	8.40%	8.99%
Effective Tax Rate	33.62%	32.49%	28.13%	37.77%	17.78%	16.57%
Advertising Expenses	-	270,240	242,009	199,705	182,838	153,694