HD Hyundai Construction Equipment Co., LTD. (KRX:267270)

KRX:267270 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,618,408	3,438,062	3,824,967	3,515,612	3,284,340	2,390,510
Revenue Growth (YoY)	3.54%	-10.12%	8.80%	7.04%	37.39%	-16.18%
Cost of Revenue	2,916,606	2,791,049	3,104,960	2,917,824	2,755,591	1,965,485
Gross Profit	701,803	647,013	720,006	597,788	528,749	425,025
Selling, General & Admin	413,218	346,943	355,084	338,476	274,970	259,197
Research & Development	85,542	83,316	70,836	56,043	49,479	38,129
Amortization of Goodwill & Intangibles	3,575	4,597	5,588	5,200	4,628	4,704
Other Operating Expenses	6,547	7,251	5,588	5,787	5,664	6,725
Operating Expenses	529,044	456,592	462,778	427,178	363,904	336,518
Operating Income	172,759	190,421	257,228	170,610	164,845	88,507
Interest Expense	-35,332	-43,020	-45,816	-31,149	-29,119	-35,993
Interest & Investment Income	6,286	9,778	11,120	11,000	10,688	15,359
Earnings From Equity Investments	-19.55	-100.37	-6.89	-	-	-
Currency Exchange Gain (Loss)	25,528	20,567	26,280	18,538	12,314	-20,060
Other Non Operating Income (Expenses)	-16,346	-9,882	-8,065	-9,153	-12,695	-11,643
EBT Excluding Unusual Items	152,876	167,763	240,741	159,846	146,033	36,170
Gain (Loss) on Sale of Investments	502	344	101	307	1,307	169
Gain (Loss) on Sale of Assets	-1,096	-2,871	-10,113	-735	15,726	-1,724
Asset Writedown	-47,433	-43,754	-40,534	-6,590	-5,433	-23,550
Pretax Income	104,849	121,482	190,195	152,828	157,633	11,065
Income Tax Expense	38,245	35,515	62,743	53,422	47,860	986.39
Earnings From Continuing Operations	66,604	85,967	127,452	99,407	109,773	10,078
Earnings From Discontinued Operations	-	-	-	-	16,661	-1,574
Net Income to Company	66,604	85,967	127,452	99,407	126,434	8,505
Minority Interest in Earnings	23,631	14,004	11,967	12,113	-12,983	-18,155
Net Income	90,235	99,970	139,419	111,519	113,451	-9,650
Net Income to Common	90,235	99,970	139,419	111,519	113,451	-9,650
Net Income Growth	80.46%	-28.29%	25.02%	-1.70%	-	-
Shares Outstanding (Basic)	18	18	18	18	19	19
Shares Outstanding (Diluted)	18	18	18	18	19	19
Shares Change (YoY)	-2.69%	-1.85%	-0.23%	-4.26%	-	-0.07%
EPS (Basic)	5151.29	5595.26	7659.11	6112.19	5953.26	-506.38
EPS (Diluted)	5151.29	5595.26	7659.11	6112.19	5953.26	-506.38
EPS Growth	85.45%	-26.95%	25.31%	2.67%	-	-
Free Cash Flow	93,181	87,277	202,172	194,637	-260,481	176,650
Free Cash Flow Per Share	5319.43	4884.84	11106.53	10667.73	-13668.54	9269.56
Dividend Per Share	500.000	500.000	-	-	-	-
Gross Margin	19.39%	18.82%	18.82%	17.00%	16.10%	17.78%
Operating Margin	4.77%	5.54%	6.73%	4.85%	5.02%	3.70%
Profit Margin	2.49%	2.91%	3.65%	3.17%	3.45%	-0.40%
Free Cash Flow Margin	2.57%	2.54%	5.29%	5.54%	-7.93%	7.39%
EBITDA	238,457	259,069	324,365	235,154	231,503	158,481
EBITDA Margin	6.59%	7.54%	8.48%	6.69%	7.05%	6.63%
D&A For EBITDA	65,698	68,648	67,137	64,544	66,658	69,974
EBIT	172,759	190,421	257,228	170,610	164,845	88,507
EBIT Margin	4.77%	5.54%	6.73%	4.85%	5.02%	3.70%
Effective Tax Rate	36.48%	29.23%	32.99%	34.96%	30.36%	8.91%
Advertising Expenses	-	28,719	28,759	18,441	13,110	13,926

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.