Gyeongnam Steel Co., Ltd (KOSDAQ: 039240)

Gyeongnam 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	387,600	390,306	415,313	342,291	297,525	318,211
Other Revenue	-0	-0	-	-0	-	-
Revenue	387,600	390,306	415,313	342,291	297,525	318,211
Revenue Growth (YoY)	-2.55%	-6.02%	21.33%	15.05%	-6.50%	15.74%
Cost of Revenue	369,515	368,185	393,274	326,162	283,999	302,813
Gross Profit	18,084	22,121	22,039	16,129	13,526	15,399
Selling, General & Admin	10,723	10,468	9,883	8,609	7,405	8,049
Other Operating Expenses	255.49	311.25	232.54	234.59	242.16	163.73
Operating Expenses	11,914	11,395	10,643	9,231	8,258	9,337
Operating Income	6,171	10,726	11,396	6,898	5,268	6,061
Interest Expense	-1,028	-1,074	-843.42	-603.06	-558.16	-711.27
Interest & Investment Income	249.57	213.92	152.21	149.69	136.68	88.72
Earnings From Equity Investments	-568.52	-568.52	-657.85	-	-	-
Currency Exchange Gain (Loss)	217.49	-160.04	404	641.77	-479.09	277.78
Other Non Operating Income (Expenses)	672.53	1,608	1,799	1,377	518.37	876.7
EBT Excluding Unusual Items	5,714	10,745	12,250	8,463	4,886	6,593
Gain (Loss) on Sale of Investments	32.3	27.86	31.69	-124.57	-981.78	-394.85
Gain (Loss) on Sale of Assets	10.33	8.45	15.57	45.49	-13.85	63.08
Pretax Income	5,756	10,781	12,297	8,384	3,890	6,261
Income Tax Expense	1,195	2,229	2,637	2,255	913.31	1,623
Net Income	4,562	8,552	9,660	6,130	2,977	4,638
Net Income to Common	4,562	8,552	9,660	6,130	2,977	4,638
Net Income Growth	-51.21%	-11.47%	57.59%	105.91%	-35.82%	-13.72%
Shares Outstanding (Basic)	27	27	27	25	25	25
Shares Outstanding (Diluted)	27	27	27	26	25	25
Shares Change (YoY)	-0.24%	-0.02%	5.65%	2.10%	0.32%	-0.25%
EPS (Basic)	169.24	316.98	358.00	245.00	119.00	186.00
EPS (Diluted)	169.24	316.98	358.00	240.00	119.00	186.00
EPS Growth	-51.09%	-11.46%	49.17%	101.68%	-36.02%	-13.51%
Free Cash Flow	6,122	-765.11	5,671	3,496	2,184	9,968
Free Cash Flow Per Share	227.13	-28.36	210.16	136.87	87.29	399.71
Gross Margin	4.67%	5.67%	5.31%	4.71%	4.55%	4.84%
Operating Margin	1.59%	2.75%	2.74%	2.02%	1.77%	1.90%
Profit Margin	1.18%	2.19%	2.33%	1.79%	1.00%	1.46%
Free Cash Flow Margin	1.58%	-0.20%	1.37%	1.02%	0.73%	3.13%
EBITDA	8,825	13,398	14,053	9,585	7,825	8,406
EBITDA Margin	2.28%	3.43%	3.38%	2.80%	2.63%	2.64%
D&A For EBITDA	2,654	2,672	2,657	2,687	2,557	2,345
EBIT	6,171	10,726	11,396	6,898	5,268	6,061
EBIT Margin	1.59%	2.75%	2.74%	2.02%	1.77%	1.90%
Effective Tax Rate	20.76%	20.68%	21.44%	26.89%	23.48%	25.92%
Advertising Expenses	-	83.29	141.5	80.02	39.47	50.83

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