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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Other Revenue	-0	-0	-	-0	-	0
Revenue	111,895	102,947	100,900	93,026	77,055	65,653
Revenue Growth (YoY)	11.25%	2.03%	8.46%	20.73%	17.37%	8.98%
Cost of Revenue	77,506	69,405	66,167	60,335	51,584	43,887
Gross Profit	34,389	33,542	34,733	32,691	25,471	21,766
Selling, General & Admin	20,209	19,123	18,104	16,060	13,385	11,596
Other Operating Expenses	582.02	526.24	527.8	467.87	425.33	405.47
Operating Expenses	22,322	21,141	20,053	17,755	14,980	13,077
Operating Income	12,067	12,402	14,680	14,936	10,491	8,689
Interest Expense	-528.37	-518.58	-375.06	-294.74	-453.62	-562.21
Interest & Investment Income	433.29	424.22	205.3	145.56	132.75	175.08
Earnings From Equity Investments	-	-	-	53	56.28	46.03
Currency Exchange Gain (Loss)	-22.57	-70.61	42.84	59.06	115.56	18.05
Other Non Operating Income (Expenses)	-94.12	206.04	-6.85	74.61	-30.46	-467.82
EBT Excluding Unusual Items	11,855	12,443	14,546	14,974	10,311	7,898
Gain (Loss) on Sale of Investments	1,600	1,644	715.8	12,761	2,595	-
Gain (Loss) on Sale of Assets	6.8	-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	13,384	13,946	14,891	27,915	11,845	7,833
Income Tax Expense	2,952	2,929	3,108	6,034	2,590	1,765
Earnings From Continuing Operations	10,432	11,017	11,783	21,881	9,255	6,069
Minority Interest in Earnings	5.59	5.34	7.25	-2.23	-	-
Net Income	10,438	11,023	11,790	21,879	9,255	6,069
Net Income to Common	10,438	11,023	11,790	21,879	9,255	6,069
Net Income Growth	-10.27%	-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)	-0.26%	-0.30%	-7.05%	-0.03%	-	-
EPS (Basic)	751.72	793.18	845.89	1459.00	616.99	404.57
EPS (Diluted)	751.72	793.18	845.89	1459.00	616.99	404.57
EPS Growth	-9.98%	-6.23%	-42.02%	136.47%	52.50%	-18.01%
Free Cash Flow	-747.69	1,059	6,748	5,720	11,041	2,014
Free Cash Flow Per Share	-53.85	76.17	484.12	381.47	736.08	134.30
Dividend Per Share	175.000	175.000	175.000	-	135.000	115.000
Dividend Growth	0%	0%	-	-	17.39%	0%
Gross Margin	30.73%	32.58%	34.42%	35.14%	33.06%	33.15%
Operating Margin	10.78%	12.05%	14.55%	16.06%	13.61%	13.24%
Profit Margin	9.33%	10.71%	11.68%	23.52%	12.01%	9.24%
Free Cash Flow Margin	-0.67%	1.03%	6.69%	6.15%	14.33%	3.07%
EBITDA	13,275	13,634	15,929	16,077	11,593	9,716
EBITDA Margin	11.86%	13.24%	15.79%	17.28%	15.04%	14.80%
D&A For EBITDA	1,208	1,232	1,249	1,141	1,102	1,027
EBIT	12,067	12,402	14,680	14,936	10,491	8,689
EBIT Margin	10.78%	12.05%	14.55%	16.06%	13.61%	13.23%
Effective Tax Rate	22.06%	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.