Wonil Special Steel Co., Ltd. (KOSDAQ: 012620)

Wonil Special Steel 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
Operating Revenue	376,751	379,986	385,097	327,894	245,079	255,806
Other Revenue	-0	-0	-0	-	-	-
Revenue	376,751	379,986	385,097	327,894	245,079	255,806
Revenue Growth (YoY)	-4.21%	-1.33%	17.45%	33.79%	-4.19%	-0.02%
Cost of Revenue	350,609	351,924	354,985	298,236	227,488	236,176
Gross Profit	26,141	28,062	30,113	29,658	17,591	19,630
Selling, General & Admin	12,264	12,794	12,739	12,124	9,832	10,086
Other Operating Expenses	125.91	133.72	134.71	239.27	78.98	326.64
Operating Expenses	14,275	14,621	13,091	13,466	15,299	10,428
Operating Income	11,866	13,441	17,021	16,192	2,291	9,202
Interest Expense	-4,531	-4,793	-3,342	-2,241	-2,284	-2,395
Interest & Investment Income	242.52	205.95	140.24	131.33	126.29	144.08
Earnings From Equity Investments	146.44	146.11	-150.26	220.16	-213.47	5,484
Currency Exchange Gain (Loss)	-695.49	-206.07	-326.38	-325.57	156.36	-187.55
Other Non Operating Income (Expenses)	368.33	76.89	39.82	9,520	307.59	692.94
EBT Excluding Unusual Items	7,396	8,871	13,383	23,497	384.08	12,941
Gain (Loss) on Sale of Investments	-179.78	-42.88	1.25	-235.82	74.2	-
Gain (Loss) on Sale of Assets	-158.3	-144.12	158.48	608.47	3,251	25.59
Asset Writedown	-	-	-	-1,155	-1,096	-182.99
Pretax Income	7,058	8,684	13,543	22,715	2,613	12,784
Income Tax Expense	1,301	686.37	2,938	3,943	1,163	2,846
Net Income	5,758	7,997	10,605	18,771	1,450	9,938
Net Income to Common	5,758	7,997	10,605	18,771	1,450	9,938
Net Income Growth	-43.85%	-24.59%	-43.50%	1194.20%	-85.41%	48.00%
Shares Outstanding (Basic)	4	4	4	4	4	4
Shares Outstanding (Diluted)	4	4	4	4	4	4
Shares Change (YoY)	0.01%	-	-	-	-	-
EPS (Basic)	1308.47	1817.58	2410.22	4266.21	329.64	2258.61
EPS (Diluted)	1308.47	1817.58	2410.00	4266.00	329.64	2258.61
EPS Growth	-43.84%	-24.58%	-43.51%	1194.14%	-85.41%	48.01%
Free Cash Flow	5,921	8,756	-8,789	4,463	3,486	430.66
Free Cash Flow Per Share	1345.73	1989.98	-1997.50	1014.38	792.33	97.88
Dividend Per Share	220.000	220.000	220.000	250.000	120.000	150.000
Dividend Growth	0%	0%	-12.00%	108.33%	-20.00%	25.00%
Gross Margin	6.94%	7.38%	7.82%	9.04%	7.18%	7.67%
Operating Margin	3.15%	3.54%	4.42%	4.94%	0.93%	3.60%
Profit Margin	1.53%	2.10%	2.75%	5.72%	0.59%	3.88%
Free Cash Flow Margin	1.57%	2.30%	-2.28%	1.36%	1.42%	0.17%
EBITDA	15,289	16,983	20,511	20,086	5,291	11,139
EBITDA Margin	4.06%	4.47%	5.33%	6.13%	2.16%	4.35%
D&A For EBITDA	3,423	3,542	3,489	3,894	2,999	1,937
EBIT	11,866	13,441	17,021	16,192	2,291	9,202
EBIT Margin	3.15%	3.54%	4.42%	4.94%	0.93%	3.60%
Effective Tax Rate	18.43%	7.90%	21.69%	17.36%	44.50%	22.26%
Advertising Expenses	-	66.83	30.83	68.29	11.33	14.07

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