HD Hyundai Construction Equipment Co., LTD. (KRX:267270)

KRX:267270 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
Revenue	3,480,506	3,438,062	3,824,967	3,515,612	3,284,340	2,390,510
Revenue Growth (YoY)	-3.50%	-10.12%	8.80%	7.04%	37.39%	-16.18%
Cost of Revenue	2,804,958	2,791,049	3,104,960	2,917,824	2,755,591	1,965,485
Gross Profit	675,548	647,013	720,006	597,788	528,749	425,025
Selling, General & Admin	400,907	346,943	355,084	338,476	274,970	259,197
Research & Development	85,224	83,316	70,836	56,043	49,479	38,129
Other Operating Expenses	6,880	7,251	5,588	5,787	5,664	6,725
Operating Expenses	515,609	456,592	462,778	427,178	363,904	336,518
Operating Income	159,939	190,421	257,228	170,610	164,845	88,507
Interest Expense	-38,671	-43,020	-45,816	-31,149	-29,119	-35,993
Interest & Investment Income	6,403	9,778	11,120	11,000	10,688	15,359
Earnings From Equity Investments	-25.92	-100.37	-6.89	-	-	-
Currency Exchange Gain (Loss)	-3,449	20,567	26,280	18,538	12,314	-20,060
Other Non Operating Income (Expenses)	-11,777	-9,882	-8,065	-9,153	-12,695	-11,643
EBT Excluding Unusual Items	112,419	167,763	240,741	159,846	146,033	36,170
Gain (Loss) on Sale of Investments	446	344	101	307	1,307	169
Gain (Loss) on Sale of Assets	-1,848	-2,871	-10,113	-735	15,726	-1,724
Asset Writedown	-47,433	-43,754	-40,534	-6,590	-5,433	-23,550
Pretax Income	63,584	121,482	190,195	152,828	157,633	11,065
Income Tax Expense	27,783	35,515	62,743	53,422	47,860	986.39
Earnings From Continuing Operations	35,801	85,967	127,452	99,407	109,773	10,078
Earnings From Discontinued Operations	-	-	-	-	16,661	-1,574
Net Income to Company	35,801	85,967	127,452	99,407	126,434	8,505
Minority Interest in Earnings	21,653	14,004	11,967	12,113	-12,983	-18,155
Net Income	57,454	99,970	139,419	111,519	113,451	-9,650
Net Income to Common	57,454	99,970	139,419	111,519	113,451	-9,650
Net Income Growth	-23.77%	-28.29%	25.02%	-1.70%	-	-
Shares Outstanding (Basic)	18	18	18	18	19	19
Shares Outstanding (Diluted)	18	18	18	18	19	19
Shares Change (YoY)	-2.90%	-1.85%	-0.23%	-4.26%	-	-0.07%
EPS (Basic)	3263.98	5595.26	7659.11	6112.19	5953.26	-506.38
EPS (Diluted)	3263.98	5595.26	7659.11	6112.19	5953.26	-506.38
EPS Growth	-21.48%	-26.95%	25.31%	2.67%	-	-
Free Cash Flow	-20,173	87,277	202,172	194,637	-260,481	176,650
Free Cash Flow Per Share	-1146.03	4884.84	11106.53	10667.73	-13668.54	9269.56
Dividend Per Share	500.000	500.000	-	-	-	-
Gross Margin	19.41%	18.82%	18.82%	17.00%	16.10%	17.78%
Operating Margin	4.59%	5.54%	6.73%	4.85%	5.02%	3.70%
Profit Margin	1.65%	2.91%	3.65%	3.17%	3.45%	-0.40%
Free Cash Flow Margin	-0.58%	2.54%	5.29%	5.54%	-7.93%	7.39%
EBITDA	226,222	259,069	324,365	235,154	231,503	158,481
EBITDA Margin	6.50%	7.54%	8.48%	6.69%	7.05%	6.63%
D&A For EBITDA	66,283	68,648	67,137	64,544	66,658	69,974
EBIT	159,939	190,421	257,228	170,610	164,845	88,507
EBIT Margin	4.59%	5.54%	6.73%	4.85%	5.02%	3.70%
Effective Tax Rate	43.70%	29.23%	32.99%	34.96%	30.36%	8.91%
Advertising Expenses	-	28,719	28,759	18,441	13,110	13,926

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