Cheryong Electric Co.,Ltd. (KOSDAQ:033100)

Cheryong Electric Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	262,736	183,941	86,061	48,783	44,196
Other Revenue	-0	-	-0	-	-
Revenue	262,736	183,941	86,061	48,783	44,196
Revenue Growth (YoY)	42.84%	113.73%	76.42%	10.38%	-2.25%
Cost of Revenue	126,959	92,783	53,759	41,175	35,469
Gross Profit	135,777	91,159	32,302	7,608	8,727
Selling, General & Admin	37,325	19,486	14,271	5,562	3,634
Research & Development	524.52	895.24	1,521	1,001	1,007
Other Operating Expenses	95.33	138.31	100.09	93.19	89.51
Operating Expenses	37,932	21,007	16,319	7,491	4,948
Operating Income	97,845	70,152	15,983	117.08	3,779
Interest Expense	-28.43	-8.34	-6.45	-8.05	-18.14
Interest & Investment Income	3,267	788.56	338.04	312.88	371.27
Currency Exchange Gain (Loss)	2,323	576.28	-980.06	408.47	-344.26
Other Non Operating Income (Expenses)	-1,744	-511.37	-114.94	32.55	-31.28
EBT Excluding Unusual Items	101,662	70,997	15,220	862.94	3,757
Gain (Loss) on Sale of Investments	1,150	870.86	316.73	215.79	172.04
Gain (Loss) on Sale of Assets	16.26	0.64	-	0.64	0.82
Pretax Income	102,829	71,869	15,537	1,079	3,929
Income Tax Expense	22,908	15,485	3,057	-94.11	404.21
Net Income	79,921	56,384	12,480	1,173	3,525
Net Income to Common	79,921	56,384	12,480	1,173	3,525
Net Income Growth	41.74%	351.80%	963.50%	-66.71%	-36.86%
Shares Outstanding (Basic)	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16
Shares Change (YoY)	-0.01%	0.01%	-0.08%	-0.14%	0.33%
EPS (Basic)	4976.00	3510.00	776.96	73.00	219.00
EPS (Diluted)	4976.00	3510.00	776.96	73.00	219.00
EPS Growth	41.77%	351.76%	964.33%	-66.67%	-37.07%
Free Cash Flow	93,460	37,500	-17,607	7,207	6,324
Free Cash Flow Per Share	5818.93	2334.42	-1096.18	448.32	392.89
Gross Margin	51.68%	49.56%	37.53%	15.60%	19.74%
Operating Margin	37.24%	38.14%	18.57%	0.24%	8.55%
Profit Margin	30.42%	30.65%	14.50%	2.40%	7.98%
Free Cash Flow Margin	35.57%	20.39%	-20.46%	14.77%	14.31%
EBITDA	99,374	71,525	17,433	2,315	6,155
EBITDA Margin	37.82%	38.88%	20.26%	4.75%	13.93%
D&A For EBITDA	1,529	1,373	1,449	2,198	2,376
EBIT	97,845	70,152	15,983	117.08	3,779
EBIT Margin	37.24%	38.14%	18.57%	0.24%	8.55%
Effective Tax Rate	22.28%	21.55%	19.67%	-	10.29%
Advertising Expenses	420.52	60.82	159.17	11.42	35.32

Updated Mar 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.