Hwaseung R&A Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	667,245	680,652	657,928	606,909
Other Revenue	-0	-0	-0	0
Revenue	667,245	680,652	657,928	606,909
Revenue Growth (YoY)	-7.04%	3.45%	8.41%	-
Cost of Revenue	540,997	557,816	562,552	518,736
Gross Profit	126,248	122,836	95,375	88,173
Selling, General & Admin	57,264	55,360	56,343	51,478
Research & Development	25,653	22,004	16,146	17,600
Other Operating Expenses	719.49	676.35	720.81	906.52
Operating Expenses	96,792	91,103	80,216	78,437
Operating Income	29,457	31,733	15,159	9,736
Interest Expense	-10,515	-11,075	-9,286	-6,883
Interest & Investment Income	491.18	359.52	79.9	53.45
Currency Exchange Gain (Loss)	-1,657	2,692	4,656	4,677
Other Non Operating Income (Expenses)	2,919	2,096	1,811	881.93
EBT Excluding Unusual Items	20,694	25,806	12,421	8,466
Gain (Loss) on Sale of Investments	6,336	5,931	2,501	-
Gain (Loss) on Sale of Assets	2,502	400.66	986.06	150.64
Asset Writedown	-416.47	-416.47	-447.07	12.47
Other Unusual Items	-	-58.58	-	-
Pretax Income	29,115	31,662	15,461	8,629
Income Tax Expense	7,570	7,453	2,776	1,798
Net Income	21,545	24,209	12,685	6,832
Net Income to Common	21,545	24,209	12,685	6,832
Net Income Growth	8.06%	90.86%	85.67%	-
Shares Outstanding (Basic)	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19
Shares Change (YoY)	-0.00%	-0.00%	-	-
EPS (Basic)	1134.52	1274.79	667.93	359.73
EPS (Diluted)	1134.52	1274.79	667.93	359.73
EPS Growth	8.06%	90.86%	85.67%	-
Free Cash Flow	-16,047	39,611	21,450	27,942
Free Cash Flow Per Share	-845.01	2085.82	1129.48	1471.34
Dividend Per Share	50.000	50.000	50.000	30.000
Dividend Growth	0%	0%	66.67%	-
Gross Margin	18.92%	18.05%	14.50%	14.53%
Operating Margin	4.41%	4.66%	2.30%	1.60%
Profit Margin	3.23%	3.56%	1.93%	1.13%
Free Cash Flow Margin	-2.41%	5.82%	3.26%	4.60%
EBITDA	48,042	50,356	35,778	32,023
EBITDA Margin	7.20%	7.40%	5.44%	5.28%
D&A For EBITDA	18,585	18,623	20,618	22,286
EBIT	29,457	31,733	15,159	9,736
EBIT Margin	4.41%	4.66%	2.30%	1.60%
Effective Tax Rate	26.00%	23.54%	17.95%	20.83%
Advertising Expenses	-	63.12	73.91	-

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