Sambo Corrugated Board Co., Ltd. (KOSDAQ: 023600)

Sambo Corrugated Board 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	555,822	555,629	582,011	534,022	403,446	367,008
Other Revenue	-0	-0	-	-0	-	-
Revenue	555,822	555,629	582,011	534,022	403,446	367,008
Revenue Growth (YoY)	-1.61%	-4.53%	8.99%	32.37%	9.93%	-2.44%
Cost of Revenue	433,135	426,491	458,693	413,963	312,856	279,945
Gross Profit	122,687	129,138	123,318	120,059	90,590	87,063
Selling, General & Admin	59,884	56,738	52,697	48,086	41,862	37,153
Other Operating Expenses	1,041	978.23	755.02	645.94	589.82	683.07
Operating Expenses	63,243	61,769	55,733	49,824	43,727	41,400
Operating Income	59,443	67,369	67,585	70,235	46,862	45,663
Interest Expense	-1,383	-1,342	-1,654	-975.85	-1,073	-2,065
Interest & Investment Income	4,193	3,547	1,699	542.42	439.01	699.52
Earnings From Equity Investments	3,382	3,718	3,821	2,281	2,002	1,678
Currency Exchange Gain (Loss)	-269.7	-28.28	-5.63	100.16	155.54	-532.55
Other Non Operating Income (Expenses)	2,352	2,444	2,656	3,622	9,833	-3,653
EBT Excluding Unusual Items	67,718	75,708	74,102	75,804	58,219	41,790
Gain (Loss) on Sale of Investments	-0	-0.27	-0.12	-	-	-
Gain (Loss) on Sale of Assets	29.34	-1.45	-285.36	713.41	3.47	-324.02
Asset Writedown	-	-	-	-937.52	-6,507	-
Pretax Income	67,747	75,706	73,817	75,580	51,716	41,466
Income Tax Expense	13,060	14,877	10,302	15,418	10,200	9,369
Earnings From Continuing Operations	54,687	60,829	63,515	60,162	41,516	32,097
Net Income to Company	54,687	60,829	63,515	60,162	41,516	32,097
Minority Interest in Earnings	-6,698	-7,375	-7,272	-7,035	-5,285	-3,337
Net Income	47,989	53,454	56,242	53,127	36,231	28,761
Net Income to Common	47,989	53,454	56,242	53,127	36,231	28,761
Net Income Growth	-12.10%	-4.96%	5.86%	46.63%	25.97%	-51.27%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	-1.25%	-0.39%	0.16%	-0.26%	-0.67%	-0.01%
EPS (Basic)	3033.70	3355.35	3516.51	3327.13	2263.04	1784.37
EPS (Diluted)	3033.70	3355.35	3516.51	3327.13	2263.04	1784.37
EPS Growth	-10.99%	-4.58%	5.69%	47.02%	26.83%	-51.27%
Free Cash Flow	4,176	50,248	20,971	7,287	9,716	14,389
Free Cash Flow Per Share	263.99	3154.12	1311.21	456.33	606.89	892.73
Dividend Per Share	310.000	310.000	-	-	-	-
Gross Margin	22.07%	23.24%	21.19%	22.48%	22.45%	23.72%
Operating Margin	10.69%	12.12%	11.61%	13.15%	11.62%	12.44%
Profit Margin	8.63%	9.62%	9.66%	9.95%	8.98%	7.84%
Free Cash Flow Margin	0.75%	9.04%	3.60%	1.36%	2.41%	3.92%
EBITDA	83,364	90,837	89,563	89,019	64,363	62,025
EBITDA Margin	15.00%	16.35%	15.39%	16.67%	15.95%	16.90%
D&A For EBITDA	23,921	23,469	21,978	18,784	17,501	16,361
EBIT	59,443	67,369	67,585	70,235	46,862	45,663
EBIT Margin	10.69%	12.12%	11.61%	13.15%	11.62%	12.44%
Effective Tax Rate	19.28%	19.65%	13.96%	20.40%	19.72%	22.59%
Advertising Expenses	-	73.49	58.81	68.98	67.3	42.7

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