Hwaseung R&A Co., Ltd. (KRX:378850)

Hwaseung R&A Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	745,597	714,560	707,131	680,652	657,928	606,909
Other Revenue	0	-	-0	-0	-0	0
Revenue	745,597	714,560	707,131	680,652	657,928	606,909
Revenue Growth	6.11%	1.05%	3.89%	3.45%	8.41%	-
Cost of Revenue	607,030	583,162	578,165	557,816	562,552	518,736
Gross Profit	138,568	131,398	128,965	122,836	95,375	88,173
Selling, General & Admin	66,047	64,475	58,256	55,360	56,343	51,478
Research & Development	26,720	25,493	25,954	22,004	16,146	17,600
Amortization of Goodwill & Intangibles	353.52	329.96	259.9	317.93	452.64	557.91
Other Operating Expenses	733.72	732.08	747.87	676.35	720.81	906.52
Operating Expenses	107,679	106,313	97,467	91,103	80,216	78,437
Operating Income	30,889	25,084	31,498	31,733	15,159	9,736
Interest Expense	-6,969	-7,559	-10,036	-11,075	-9,286	-6,883
Interest & Investment Income	4,885	3,382	361.54	359.52	79.9	53.45
Currency Exchange Gain (Loss)	14,771	593.04	10,774	2,692	4,656	4,677
Other Non Operating Income (Expenses)	2,645	2,691	3,084	2,096	1,811	881.93
EBT Excluding Unusual Items	46,222	24,192	35,682	25,806	12,421	8,466
Gain (Loss) on Sale of Investments	9.09	9.09	5,052	5,931	2,501	-
Gain (Loss) on Sale of Assets	98.37	56.38	2,186	400.66	986.06	150.64
Asset Writedown	-59.89	-59.89	-517.29	-416.47	-447.07	12.47
Other Unusual Items	-	-	-	-58.58	-	-
Pretax Income	46,269	24,198	42,402	31,662	15,461	8,629
Income Tax Expense	11,101	5,964	9,979	7,453	2,776	1,798
Net Income	35,169	18,234	32,423	24,209	12,685	6,832
Net Income to Common	35,169	18,234	32,423	24,209	12,685	6,832
Net Income Growth	126.93%	-43.76%	33.93%	90.85%	85.67%	-
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
Shares Change	-0.54%	-0.02%	0.02%	-	-	-
EPS (Basic)	1853.57	960.13	1707.00	1274.79	667.93	359.73
EPS (Diluted)	1853.57	960.13	1707.00	1274.79	667.93	359.73
EPS Growth	128.16%	-43.75%	33.91%	90.85%	85.67%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	30,459	31,269	-27,084	39,611	21,450	27,942
Free Cash Flow Per Share	1605.34	1646.55	-1425.92	2085.82	1129.48	1471.34
Dividend Per Share	-	-	-	50.000	50.000	30.000
Dividend Growth	-	-	-	0%	66.67%	-
Gross Margin	18.58%	18.39%	18.24%	18.05%	14.50%	14.53%
Operating Margin	4.14%	3.51%	4.45%	4.66%	2.30%	1.60%
Profit Margin	4.72%	2.55%	4.58%	3.56%	1.93%	1.13%
Free Cash Flow Margin	4.08%	4.38%	-3.83%	5.82%	3.26%	4.60%
EBITDA	48,793	42,725	50,175	50,356	35,778	32,023
EBITDA Margin	6.54%	5.98%	7.10%	7.40%	5.44%	5.28%
D&A For EBITDA	17,904	17,641	18,676	18,623	20,618	22,286
EBIT	30,889	25,084	31,498	31,733	15,159	9,736
EBIT Margin	4.14%	3.51%	4.45%	4.66%	2.30%	1.60%
Effective Tax Rate	23.99%	24.65%	23.54%	23.54%	17.95%	20.83%
Advertising Expenses	-	70.9	69.91	63.12	73.91	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 30, 2026

Data Sources Report a data error