TAEYANG Corporation (KOSDAQ: 053620)

TAEYANG 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	149,595	157,016	174,238	150,035	141,507	141,822
Revenue	149,595	157,016	174,238	150,035	141,507	141,822
Revenue Growth (YoY)	-6.52%	-9.88%	16.13%	6.03%	-0.22%	3.73%
Cost of Revenue	130,669	134,249	147,527	129,791	116,088	120,388
Gross Profit	18,925	22,766	26,710	20,244	25,419	21,434
Selling, General & Admin	15,167	14,663	17,731	16,249	14,671	13,155
Other Operating Expenses	591.84	561.11	640.2	543.57	528.09	398.41
Operating Expenses	16,938	16,227	19,277	17,719	16,155	14,386
Operating Income	1,987	6,539	7,434	2,525	9,264	7,048
Interest Expense	-17.55	-24.57	-31.57	-33.81	-132.08	-151.89
Interest & Investment Income	901.18	844.78	549.95	219.37	464.78	406.41
Earnings From Equity Investments	-821.15	-458.07	-349.59	-53.72	-236.9	-275.75
Currency Exchange Gain (Loss)	1,664	555.96	-595.35	1,808	-3,101	390.7
Other Non Operating Income (Expenses)	1,662	1,924	1,899	1,687	1,574	1,727
EBT Excluding Unusual Items	5,375	9,382	8,906	6,151	7,833	9,144
Gain (Loss) on Sale of Investments	211.3	-	-	-	-	-
Gain (Loss) on Sale of Assets	38.03	0.03	-8.32	-34.43	23.29	20.44
Pretax Income	5,624	9,382	8,898	6,116	7,856	9,165
Income Tax Expense	1,265	2,070	2,313	1,311	846.56	1,798
Net Income	4,360	7,311	6,584	4,806	7,010	7,367
Net Income to Common	4,360	7,311	6,584	4,806	7,010	7,367
Net Income Growth	-13.79%	11.04%	37.01%	-31.44%	-4.85%	299.84%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	547.64	918.38	827.07	603.65	880.50	925.35
EPS (Diluted)	547.64	918.38	827.07	603.65	880.50	925.35
EPS Growth	-13.78%	11.04%	37.01%	-31.44%	-4.85%	299.84%
Free Cash Flow	9,872	14,374	6,403	-914.23	7,203	17,607
Free Cash Flow Per Share	1240.13	1805.61	804.32	-114.84	904.77	2211.70
Dividend Per Share	380.000	380.000	300.000	150.000	150.000	150.000
Dividend Growth	26.67%	26.67%	100.00%	0%	0%	-
Gross Margin	12.65%	14.50%	15.33%	13.49%	17.96%	15.11%
Operating Margin	1.33%	4.16%	4.27%	1.68%	6.55%	4.97%
Profit Margin	2.91%	4.66%	3.78%	3.20%	4.95%	5.19%
Free Cash Flow Margin	6.60%	9.15%	3.68%	-0.61%	5.09%	12.42%
EBITDA	9,070	13,604	14,340	9,216	16,010	13,839
EBITDA Margin	6.06%	8.66%	8.23%	6.14%	11.31%	9.76%
D&A For EBITDA	7,083	7,065	6,907	6,692	6,746	6,791
EBIT	1,987	6,539	7,434	2,525	9,264	7,048
EBIT Margin	1.33%	4.16%	4.27%	1.68%	6.55%	4.97%
Effective Tax Rate	22.49%	22.07%	26.00%	21.43%	10.78%	19.62%
Advertising Expenses	-	348.67	373.25	341.27	376.54	456.36

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