Hyosung Heavy Industries Corporation (KRX: 298040)

Hyosung Heavy Industries 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
Operating Revenue	4,615,480	4,300,572	3,510,144	3,094,699	2,983,971	3,781,445
Other Revenue	-0	-0	-	-	-	-
Revenue	4,615,480	4,300,572	3,510,144	3,094,699	2,983,971	3,781,445
Revenue Growth (YoY)	9.73%	22.52%	13.42%	3.71%	-21.09%	1.16%
Cost of Revenue	3,933,981	3,663,029	3,075,122	2,690,410	2,588,586	3,388,813
Gross Profit	681,499	637,543	435,022	404,289	395,385	392,633
Selling, General & Admin	311,470	284,068	210,510	220,396	274,936	204,715
Research & Development	42,712	42,996	38,748	33,499	33,503	34,973
Other Operating Expenses	9,160	9,991	8,600	8,365	7,042	8,551
Operating Expenses	394,278	377,094	298,042	300,976	371,233	269,251
Operating Income	287,221	260,449	136,981	103,313	24,153	123,381
Interest Expense	-87,850	-92,423	-58,502	-40,305	-53,680	-51,919
Interest & Investment Income	22,650	12,424	5,519	6,188	14,318	6,616
Earnings From Equity Investments	-2,451	-2,862	-1,747	-1,032	21.29	-
Currency Exchange Gain (Loss)	-2,581	-7,018	-23,290	1,378	2,074	273.74
Other Non Operating Income (Expenses)	-5,984	-1,808	6,387	29,325	-1,555	-18,480
EBT Excluding Unusual Items	211,005	168,762	65,349	98,867	-14,669	59,872
Gain (Loss) on Sale of Investments	-4,699	519	-601	-909	-2,620	-6,146
Gain (Loss) on Sale of Assets	-4	300	517	666	-681	1,035
Asset Writedown	83	83	-5,423	-4,267	-10	1,159
Pretax Income	206,385	169,664	59,842	94,357	-17,980	55,920
Income Tax Expense	50,653	37,741	30,712	17,841	1,278	39,898
Earnings From Continuing Operations	155,732	131,922	29,130	76,517	-19,258	16,023
Minority Interest in Earnings	1,134	-15,940	-18,914	-18,909	-2,956	-2,882
Net Income	156,866	115,982	10,216	57,607	-22,214	13,141
Net Income to Common	156,866	115,982	10,216	57,607	-22,214	13,141
Net Income Growth	78.14%	1035.35%	-82.27%	-	-	303.69%
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	0.02%	-	-	-	-	-0.03%
EPS (Basic)	16845.92	12455.48	1097.06	6186.53	-2385.64	1411.21
EPS (Diluted)	16845.92	12455.48	1097.06	6186.53	-2385.64	1411.21
EPS Growth	78.11%	1035.35%	-82.27%	-	-	303.82%
Free Cash Flow	144,393	422,379	-161,170	61,242	294,671	-362,741
Free Cash Flow Per Share	15506.39	45359.80	-17308.23	6576.85	31645.11	-38955.20
Dividend Per Share	2500.000	2500.000	-	-	-	-
Gross Margin	14.77%	14.82%	12.39%	13.06%	13.25%	10.38%
Operating Margin	6.22%	6.06%	3.90%	3.34%	0.81%	3.26%
Profit Margin	3.40%	2.70%	0.29%	1.86%	-0.74%	0.35%
Free Cash Flow Margin	3.13%	9.82%	-4.59%	1.98%	9.88%	-9.59%
EBITDA	362,751	345,446	219,234	173,851	99,825	194,301
EBITDA Margin	7.86%	8.03%	6.25%	5.62%	3.35%	5.14%
D&A For EBITDA	75,530	84,997	82,253	70,538	75,672	70,920
EBIT	287,221	260,449	136,981	103,313	24,153	123,381
EBIT Margin	6.22%	6.06%	3.90%	3.34%	0.81%	3.26%
Effective Tax Rate	24.54%	22.24%	51.32%	18.91%	-	71.35%
Advertising Expenses	-	1,814	2,340	1,600	974	2,432

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