Hyosung Heavy Industries Corporation (KRX:298040)

Hyosung Heavy Industries 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
Operating Revenue	5,318,115	4,894,980	4,300,572	3,510,144	3,094,699	2,983,971
Other Revenue	-0	-0	-0	-	-	-
Revenue	5,318,115	4,894,980	4,300,572	3,510,144	3,094,699	2,983,971
Revenue Growth (YoY)	17.93%	13.82%	22.52%	13.42%	3.71%	-21.09%
Cost of Revenue	4,311,840	4,103,207	3,663,029	3,075,122	2,690,410	2,588,586
Gross Profit	1,006,275	791,772	637,543	435,022	404,289	395,385
Selling, General & Admin	367,028	340,399	284,068	210,510	220,396	274,936
Research & Development	45,775	44,502	42,996	38,748	33,499	33,503
Other Operating Expenses	10,563	10,723	9,991	8,600	8,365	7,042
Operating Expenses	568,038	487,596	377,094	298,042	300,976	371,233
Operating Income	438,237	304,176	260,449	136,981	103,313	24,153
Interest Expense	-76,086	-89,113	-92,423	-58,502	-40,305	-53,680
Interest & Investment Income	74,980	63,138	12,424	5,519	6,188	14,318
Earnings From Equity Investments	-1,765	-1,617	-2,862	-1,747	-1,032	21.29
Currency Exchange Gain (Loss)	2,945	18,736	-7,018	-23,290	1,378	2,074
Other Non Operating Income (Expenses)	-72,307	-69,875	-1,808	6,387	29,325	-1,555
EBT Excluding Unusual Items	366,004	225,446	168,762	65,349	98,867	-14,669
Gain (Loss) on Sale of Investments	-441	-5,484	519	-601	-909	-2,620
Gain (Loss) on Sale of Assets	28,294	3,673	300	517	666	-681
Asset Writedown	-	-	83	-5,423	-4,267	-10
Pretax Income	393,857	223,635	169,664	59,842	94,357	-17,980
Income Tax Expense	34,383	705.5	37,741	30,712	17,841	1,278
Earnings From Continuing Operations	359,474	222,929	131,922	29,130	76,517	-19,258
Minority Interest in Earnings	180.86	-296.13	-15,940	-18,914	-18,909	-2,956
Net Income	359,655	222,633	115,982	10,216	57,607	-22,214
Net Income to Common	359,655	222,633	115,982	10,216	57,607	-22,214
Net Income Growth	166.96%	91.95%	1035.35%	-82.27%	-	-
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	-0.00%	-	-	-	-	-
EPS (Basic)	38623.42	23908.88	12455.48	1097.06	6186.53	-2385.64
EPS (Diluted)	38623.42	23908.88	12455.48	1097.06	6186.53	-2385.64
EPS Growth	166.97%	91.95%	1035.35%	-82.27%	-	-
Free Cash Flow	497,489	328,046	422,379	-161,170	61,242	294,671
Free Cash Flow Per Share	53425.50	35229.32	45359.80	-17308.24	6576.85	31645.11
Dividend Per Share	5000.000	5000.000	-	-	-	-
Gross Margin	18.92%	16.18%	14.82%	12.39%	13.06%	13.25%
Operating Margin	8.24%	6.21%	6.06%	3.90%	3.34%	0.81%
Profit Margin	6.76%	4.55%	2.70%	0.29%	1.86%	-0.74%
Free Cash Flow Margin	9.35%	6.70%	9.82%	-4.59%	1.98%	9.88%
EBITDA	516,567	377,043	345,446	219,234	173,851	99,825
EBITDA Margin	9.71%	7.70%	8.03%	6.25%	5.62%	3.35%
D&A For EBITDA	78,330	72,867	84,997	82,253	70,538	75,672
EBIT	438,237	304,176	260,449	136,981	103,313	24,153
EBIT Margin	8.24%	6.21%	6.06%	3.90%	3.34%	0.81%
Effective Tax Rate	8.73%	0.32%	22.25%	51.32%	18.91%	-
Advertising Expenses	-	4,155	1,814	2,340	1,600	974

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