Hyosung TNC Corporation (KRX:298020)

Hyosung TNC 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
Revenue	7,849,207	7,776,065	7,526,919	8,882,730	8,596,030	5,161,617
Revenue Growth (YoY)	4.03%	3.31%	-15.26%	3.33%	66.54%	-13.73%
Cost of Revenue	7,217,421	7,155,686	6,995,663	8,450,585	6,896,953	4,663,097
Gross Profit	631,786	620,379	531,255	432,145	1,699,077	498,520
Selling, General & Admin	303,233	295,523	270,502	265,190	236,213	189,771
Research & Development	23,958	23,526	20,577	21,187	18,057	14,882
Other Operating Expenses	5,701	5,500	5,953	5,626	6,167	5,373
Operating Expenses	359,727	349,651	317,862	308,551	275,426	232,001
Operating Income	272,059	270,728	213,393	123,594	1,423,651	266,519
Interest Expense	-65,114	-63,649	-85,096	-61,566	-32,806	-52,811
Interest & Investment Income	4,264	4,071	4,202	4,034	3,366	2,811
Currency Exchange Gain (Loss)	-13,077	-19,511	-12,861	-51,585	-26,702	17,672
Other Non Operating Income (Expenses)	3,693	24,329	4,212	10,725	17,559	-9,308
EBT Excluding Unusual Items	201,886	215,968	123,849	25,201	1,385,068	224,883
Gain (Loss) on Sale of Investments	-2,943	-2,801	553.07	-1,200	-105	-
Gain (Loss) on Sale of Assets	1,122	24	-1,416	6,657	19,265	-1,329
Pretax Income	200,065	213,191	122,986	30,659	1,404,228	223,554
Income Tax Expense	47,868	29,359	24,280	11,475	396,325	55,282
Earnings From Continuing Operations	152,197	183,832	98,706	19,183	1,007,903	168,272
Minority Interest in Earnings	-42,763	-49,290	-5,509	-7,592	-237,538	-31,475
Net Income	109,434	134,542	93,197	11,591	770,364	136,797
Net Income to Common	109,434	134,542	93,197	11,591	770,364	136,797
Net Income Growth	2.37%	44.36%	704.02%	-98.50%	463.14%	46.96%
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	-0.03%	-	-	-	-	-
EPS (Basic)	25365.09	31175.05	21594.92	2685.86	178503.12	31697.67
EPS (Diluted)	25365.09	31175.05	21594.92	2685.86	178503.12	31697.67
EPS Growth	2.40%	44.36%	704.02%	-98.50%	463.14%	46.96%
Free Cash Flow	179,762	376,706	340,504	-121,238	242,358	511,185
Free Cash Flow Per Share	41666.21	87287.61	78899.19	-28092.41	56157.48	118447.93
Dividend Per Share	10000.000	10000.000	-	10000.000	50000.000	5000.000
Dividend Growth	-	-	-	-80.00%	900.00%	150.00%
Gross Margin	8.05%	7.98%	7.06%	4.87%	19.77%	9.66%
Operating Margin	3.47%	3.48%	2.83%	1.39%	16.56%	5.16%
Profit Margin	1.39%	1.73%	1.24%	0.13%	8.96%	2.65%
Free Cash Flow Margin	2.29%	4.84%	4.52%	-1.36%	2.82%	9.90%
EBITDA	545,658	537,495	461,176	360,735	1,621,863	477,716
EBITDA Margin	6.95%	6.91%	6.13%	4.06%	18.87%	9.25%
D&A For EBITDA	273,599	266,767	247,783	237,142	198,212	211,197
EBIT	272,059	270,728	213,393	123,594	1,423,651	266,519
EBIT Margin	3.47%	3.48%	2.83%	1.39%	16.56%	5.16%
Effective Tax Rate	23.93%	13.77%	19.74%	37.43%	28.22%	24.73%
Advertising Expenses	-	3,332	3,710	3,027	2,169	2,011

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