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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	5,797,067	4,894,980	4,300,572	3,510,144	3,094,699	2,983,971
Other Revenue	-	-0	-0	-	-	-
Revenue	5,797,067	4,894,980	4,300,572	3,510,144	3,094,699	2,983,971
Revenue Growth (YoY)	25.60%	13.82%	22.52%	13.42%	3.71%	-21.09%
Cost of Revenue	4,654,985	4,103,207	3,663,029	3,075,122	2,690,410	2,588,586
Gross Profit	1,142,082	791,772	637,543	435,022	404,289	395,385
Selling, General & Admin	384,109	340,399	284,068	210,510	220,396	274,936
Research & Development	51,023	44,502	42,996	38,748	33,499	33,503
Amortization of Goodwill & Intangibles	5,194	5,409	22,688	22,579	19,799	20,305
Other Operating Expenses	11,166	10,723	9,991	8,600	8,365	7,042
Operating Expenses	595,640	487,596	377,094	298,042	300,976	371,233
Operating Income	546,442	304,176	260,449	136,981	103,313	24,153
Interest Expense	-68,939	-89,113	-92,423	-58,502	-40,305	-53,680
Interest & Investment Income	76,864	63,138	12,424	5,519	6,188	14,318
Earnings From Equity Investments	-2,273	-1,617	-2,862	-1,747	-1,032	21.29
Currency Exchange Gain (Loss)	10,737	18,736	-7,018	-23,290	1,378	2,074
Other Non Operating Income (Expenses)	-91,510	-69,875	-1,808	6,387	29,325	-1,555
EBT Excluding Unusual Items	471,321	225,446	168,762	65,349	98,867	-14,669
Gain (Loss) on Sale of Investments	-362	-5,484	519	-601	-909	-2,620
Gain (Loss) on Sale of Assets	28,266	3,673	300	517	666	-681
Asset Writedown	-	-	83	-5,423	-4,267	-10
Pretax Income	499,225	223,635	169,664	59,842	94,357	-17,980
Income Tax Expense	60,402	705.5	37,741	30,712	17,841	1,278
Earnings From Continuing Operations	438,823	222,929	131,922	29,130	76,517	-19,258
Minority Interest in Earnings	-2,875	-296.13	-15,940	-18,914	-18,909	-2,956
Net Income	435,949	222,633	115,982	10,216	57,607	-22,214
Net Income to Common	435,949	222,633	115,982	10,216	57,607	-22,214
Net Income Growth	177.91%	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)	-0.01%	-	-	-	-	-
EPS (Basic)	46818.58	23908.88	12455.48	1097.06	6186.53	-2385.64
EPS (Diluted)	46818.58	23908.88	12455.48	1097.06	6186.53	-2385.64
EPS Growth	177.93%	91.95%	1035.35%	-82.27%	-	-
Free Cash Flow	372,502	328,046	422,379	-161,170	61,242	294,671
Free Cash Flow Per Share	40004.77	35229.32	45359.80	-17308.24	6576.85	31645.11
Dividend Per Share	5000.000	5000.000	-	-	-	-
Gross Margin	19.70%	16.18%	14.82%	12.39%	13.06%	13.25%
Operating Margin	9.43%	6.21%	6.06%	3.90%	3.34%	0.81%
Profit Margin	7.52%	4.55%	2.70%	0.29%	1.86%	-0.74%
Free Cash Flow Margin	6.43%	6.70%	9.82%	-4.59%	1.98%	9.88%
EBITDA	628,438	377,043	345,446	219,234	173,851	99,825
EBITDA Margin	10.84%	7.70%	8.03%	6.25%	5.62%	3.35%
D&A For EBITDA	81,996	72,867	84,997	82,253	70,538	75,672
EBIT	546,442	304,176	260,449	136,981	103,313	24,153
EBIT Margin	9.43%	6.21%	6.06%	3.90%	3.34%	0.81%
Effective Tax Rate	12.10%	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.