TAEYANG Corporation (KOSDAQ:053620)

TAEYANG Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	149,669	152,238	157,016	174,238	150,035	141,507
Revenue	149,669	152,238	157,016	174,238	150,035	141,507
Revenue Growth (YoY)	-1.34%	-3.04%	-9.88%	16.13%	6.03%	-0.22%
Cost of Revenue	129,685	132,022	134,249	147,527	129,791	116,088
Gross Profit	19,983	20,216	22,766	26,710	20,244	25,419
Selling, General & Admin	16,305	16,336	14,663	17,731	16,249	14,671
Other Operating Expenses	605.66	614.76	561.11	640.2	543.57	528.09
Operating Expenses	18,024	18,049	16,227	19,277	17,719	16,155
Operating Income	1,960	2,167	6,539	7,434	2,525	9,264
Interest Expense	-14.17	-15.73	-24.57	-31.57	-33.81	-132.08
Interest & Investment Income	543.26	832.7	301.81	549.95	219.37	464.78
Earnings From Equity Investments	-818.38	-907.86	-458.07	-349.59	-53.72	-236.9
Currency Exchange Gain (Loss)	7,355	5,913	555.96	-595.35	1,808	-3,101
Other Non Operating Income (Expenses)	1,704	1,496	1,924	1,899	1,687	1,574
EBT Excluding Unusual Items	10,729	9,485	8,839	8,906	6,151	7,833
Gain (Loss) on Sale of Investments	429.97	309.69	542.97	-	-	-
Gain (Loss) on Sale of Assets	2.01	38.03	0.03	-8.32	-34.43	23.29
Asset Writedown	-99.69	-99.69	-	-	-	-
Pretax Income	11,062	9,733	9,382	8,898	6,116	7,856
Income Tax Expense	1,794	1,471	2,070	2,313	1,311	846.56
Net Income	9,267	8,262	7,311	6,584	4,806	7,010
Net Income to Common	9,267	8,262	7,311	6,584	4,806	7,010
Net Income Growth	88.33%	13.01%	11.04%	37.01%	-31.44%	-4.85%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	0.06%	-	-	-	-	-
EPS (Basic)	1164.07	1037.83	918.38	827.07	603.65	880.50
EPS (Diluted)	1164.07	1037.83	918.38	827.07	603.65	880.50
EPS Growth	88.23%	13.01%	11.04%	37.01%	-31.44%	-4.85%
Free Cash Flow	12,040	11,486	14,374	6,403	-914.23	7,203
Free Cash Flow Per Share	1512.42	1442.76	1805.61	804.32	-114.84	904.77
Dividend Per Share	200.000	200.000	380.000	300.000	150.000	150.000
Dividend Growth	-47.37%	-47.37%	26.67%	100.00%	-	-
Gross Margin	13.35%	13.28%	14.50%	15.33%	13.49%	17.96%
Operating Margin	1.31%	1.42%	4.17%	4.27%	1.68%	6.55%
Profit Margin	6.19%	5.43%	4.66%	3.78%	3.20%	4.95%
Free Cash Flow Margin	8.04%	7.54%	9.16%	3.67%	-0.61%	5.09%
EBITDA	9,138	9,300	13,604	14,340	9,216	16,010
EBITDA Margin	6.11%	6.11%	8.66%	8.23%	6.14%	11.31%
D&A For EBITDA	7,178	7,134	7,065	6,907	6,692	6,746
EBIT	1,960	2,167	6,539	7,434	2,525	9,264
EBIT Margin	1.31%	1.42%	4.17%	4.27%	1.68%	6.55%
Effective Tax Rate	16.22%	15.12%	22.07%	26.00%	21.43%	10.78%
Advertising Expenses	-	398.33	348.67	373.25	341.27	376.54

Source: S&P Global Market Intelligence. Standard template. Financial Sources.