Songwon Industrial Co., Ltd. (KRX:004430)

Songwon Industrial 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
Revenue	1,082,088	1,070,200	1,029,975	1,329,509	998,190	807,768
Revenue Growth (YoY)	5.79%	3.91%	-22.53%	33.19%	23.57%	-0.81%
Cost of Revenue	910,112	893,292	880,026	1,027,889	776,749	643,795
Gross Profit	171,976	176,908	149,949	301,620	221,441	163,973
Selling, General & Admin	114,997	110,920	89,091	114,148	114,107	93,293
Operating Expenses	118,180	114,094	91,480	116,504	116,476	95,963
Operating Income	53,796	62,814	58,469	185,116	104,965	68,010
Interest Expense	-7,828	-7,375	-9,297	-8,773	-5,874	-6,668
Interest & Investment Income	2,095	2,087	1,836	635	259	216
Earnings From Equity Investments	1,129	1,186	847	2,020	1,103	1,064
Currency Exchange Gain (Loss)	1,067	7,433	-1,495	-3,254	405	-4,100
Other Non Operating Income (Expenses)	-4,423	-1,000	2,975	6,551	2,463	1,190
EBT Excluding Unusual Items	45,836	65,145	53,335	182,295	103,321	59,712
Impairment of Goodwill	-	-	-	-	-	-6,889
Gain (Loss) on Sale of Investments	476	503	308	91	-	228
Gain (Loss) on Sale of Assets	-1,406	-1,406	-4,149	-1,431	407	-1,816
Asset Writedown	-	-	-	-1,309	-2,544	-78
Other Unusual Items	-	-	-	1,454	-	-
Pretax Income	44,906	64,242	49,494	181,100	101,184	51,157
Income Tax Expense	13,679	19,154	14,647	49,168	29,975	22,792
Earnings From Continuing Operations	31,227	45,088	34,847	131,932	71,209	28,365
Minority Interest in Earnings	-	-	-	-	1,064	-912
Net Income	31,227	45,088	34,847	131,932	72,273	27,453
Net Income to Common	31,227	45,088	34,847	131,932	72,273	27,453
Net Income Growth	5.85%	29.39%	-73.59%	82.55%	163.26%	-21.01%
Shares Outstanding (Basic)	24	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24	24
Shares Change (YoY)	-0.15%	-	-	-	-	-
EPS (Basic)	1302.85	1878.67	1451.96	5497.17	3011.38	1143.88
EPS (Diluted)	1302.85	1878.67	1451.96	5497.17	3011.38	1143.88
EPS Growth	6.00%	29.39%	-73.59%	82.55%	163.26%	-21.01%
Free Cash Flow	26,609	59,271	128,388	56,482	-42,593	55,192
Free Cash Flow Per Share	1110.18	2469.63	5349.50	2353.42	-1774.71	2299.67
Dividend Per Share	300.000	300.000	250.000	500.000	200.000	120.000
Dividend Growth	20.00%	20.00%	-50.00%	150.00%	66.67%	-20.00%
Gross Margin	15.89%	16.53%	14.56%	22.69%	22.18%	20.30%
Operating Margin	4.97%	5.87%	5.68%	13.92%	10.52%	8.42%
Profit Margin	2.89%	4.21%	3.38%	9.92%	7.24%	3.40%
Free Cash Flow Margin	2.46%	5.54%	12.46%	4.25%	-4.27%	6.83%
EBITDA	94,267	102,229	94,559	215,137	138,624	102,700
EBITDA Margin	8.71%	9.55%	9.18%	16.18%	13.89%	12.71%
D&A For EBITDA	40,471	39,415	36,090	30,021	33,659	34,690
EBIT	53,796	62,814	58,469	185,116	104,965	68,010
EBIT Margin	4.97%	5.87%	5.68%	13.92%	10.52%	8.42%
Effective Tax Rate	30.46%	29.82%	29.59%	27.15%	29.62%	44.55%

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