Hankook Furniture Co., Ltd. (KOSDAQ: 004590)

Hankook Furniture Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Other Revenue	-0	-0	-	-0	-	0
Revenue	120,107	102,947	100,900	93,026	77,055	65,653
Revenue Growth (YoY)	18.38%	2.03%	8.46%	20.73%	17.37%	8.98%
Cost of Revenue	82,482	69,405	66,167	60,335	51,584	43,887
Gross Profit	37,625	33,542	34,733	32,691	25,471	21,766
Selling, General & Admin	20,433	19,123	18,104	16,060	13,385	11,596
Other Operating Expenses	591.99	526.24	527.8	467.87	425.33	405.47
Operating Expenses	22,551	21,141	20,053	17,755	14,980	13,077
Operating Income	15,073	12,402	14,680	14,936	10,491	8,689
Interest Expense	-528.03	-518.58	-375.06	-294.74	-453.62	-562.21
Interest & Investment Income	441.67	424.22	205.3	145.56	132.75	175.08
Earnings From Equity Investments	-	-	-	53	56.28	46.03
Currency Exchange Gain (Loss)	-51.17	-70.61	42.84	59.06	115.56	18.05
Other Non Operating Income (Expenses)	37.86	206.04	-6.85	74.61	-30.46	-467.82
EBT Excluding Unusual Items	14,974	12,443	14,546	14,974	10,311	7,898
Gain (Loss) on Sale of Investments	1,857	1,644	715.8	12,761	2,595	-
Gain (Loss) on Sale of Assets	31.05	-34.38	-29.15	180.62	562.64	-64.98
Asset Writedown	-77.79	-105.84	-274.34	-	-1,624	-
Other Unusual Items	-	-	-66.73	-	-	-
Pretax Income	16,784	13,946	14,891	27,915	11,845	7,833
Income Tax Expense	3,693	2,929	3,108	6,034	2,590	1,765
Earnings From Continuing Operations	13,091	11,017	11,783	21,881	9,255	6,069
Minority Interest in Earnings	5.34	5.34	7.25	-2.23	-	-
Net Income	13,096	11,023	11,790	21,879	9,255	6,069
Net Income to Common	13,096	11,023	11,790	21,879	9,255	6,069
Net Income Growth	18.20%	-6.51%	-46.11%	136.40%	52.50%	-18.01%
Shares Outstanding (Basic)	14	14	14	15	15	15
Shares Outstanding (Diluted)	14	14	14	15	15	15
Shares Change (YoY)	-0.19%	-0.30%	-7.05%	-0.03%	-	-
EPS (Basic)	943.26	793.18	845.89	1459.00	616.99	404.57
EPS (Diluted)	943.25	793.18	845.89	1459.00	616.99	404.57
EPS Growth	18.49%	-6.23%	-42.02%	136.47%	52.50%	-18.01%
Free Cash Flow	4,034	1,059	6,748	5,720	11,041	2,014
Free Cash Flow Per Share	290.57	76.17	484.12	381.47	736.08	134.30
Dividend Per Share	205.000	175.000	175.000	-	135.000	115.000
Dividend Growth	46.43%	0%	-	-	17.39%	0%
Gross Margin	31.33%	32.58%	34.42%	35.14%	33.06%	33.15%
Operating Margin	12.55%	12.05%	14.55%	16.06%	13.61%	13.24%
Profit Margin	10.90%	10.71%	11.68%	23.52%	12.01%	9.24%
Free Cash Flow Margin	3.36%	1.03%	6.69%	6.15%	14.33%	3.07%
EBITDA	16,270	13,634	15,929	16,077	11,593	9,716
EBITDA Margin	13.55%	13.24%	15.79%	17.28%	15.04%	14.80%
D&A For EBITDA	1,197	1,232	1,249	1,141	1,102	1,027
EBIT	15,073	12,402	14,680	14,936	10,491	8,689
EBIT Margin	12.55%	12.05%	14.55%	16.06%	13.61%	13.23%
Effective Tax Rate	22.00%	21.00%	20.87%	21.62%	21.87%	22.53%
Advertising Expenses	-	758.93	689.28	617.96	196.34	448.56

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