SFA Engineering Corporation (KOSDAQ: 056190)

SFA Engineering 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	2,214,905	1,881,199	1,684,366	1,564,937	1,551,171	1,577,746
Other Revenue	-0	-0	-	-0	-	-
Revenue	2,214,905	1,881,199	1,684,366	1,564,937	1,551,171	1,577,746
Revenue Growth (YoY)	32.88%	11.69%	7.63%	0.89%	-1.68%	1.13%
Cost of Revenue	1,974,974	1,697,968	1,427,005	1,287,443	1,278,128	1,261,263
Gross Profit	239,932	183,231	257,361	277,494	273,043	316,484
Selling, General & Admin	63,483	68,775	61,628	60,344	70,837	65,585
Research & Development	23,635	23,635	19,701	25,941	26,093	24,839
Other Operating Expenses	1,633	1,633	1,609	1,600	1,182	1,242
Operating Expenses	92,463	97,755	96,145	88,545	105,989	102,282
Operating Income	147,468	85,475	161,216	188,949	167,054	214,202
Interest Expense	-16,108	-11,805	-5,574	-5,453	-9,216	-9,937
Interest & Investment Income	11,185	12,309	10,748	7,790	5,975	8,482
Earnings From Equity Investments	-71.51	-	-	-	-	-
Currency Exchange Gain (Loss)	9,784	8,640	24,975	25,679	-17,333	9,583
Other Non Operating Income (Expenses)	-33,968	-43,408	-57,582	-30,809	3,579	-19,236
EBT Excluding Unusual Items	118,289	51,211	133,784	186,157	150,058	203,094
Gain (Loss) on Sale of Investments	10,143	10,143	22,731	470.91	9,763	8,788
Gain (Loss) on Sale of Assets	1,431	1,431	-15.14	-256.95	184.67	353.75
Asset Writedown	-3,661	-3,661	-4,256	-6,530	-2,636	-15,289
Other Unusual Items	-1,980	-135.09	-	-	-	-
Pretax Income	124,222	58,989	152,244	179,841	157,370	196,947
Income Tax Expense	12,436	11,371	46,291	31,517	38,725	49,979
Earnings From Continuing Operations	111,785	47,618	105,953	148,324	118,645	146,969
Minority Interest in Earnings	-37,571	-7,653	-28,792	-31,466	-10,389	-14,981
Net Income	74,214	39,965	77,161	116,858	108,256	131,987
Net Income to Common	74,214	39,965	77,161	116,858	108,256	131,987
Net Income Growth	26.68%	-48.21%	-33.97%	7.95%	-17.98%	-16.44%
Shares Outstanding (Basic)	33	34	35	36	34	34
Shares Outstanding (Diluted)	33	34	35	36	34	34
Shares Change (YoY)	-4.87%	-3.91%	-2.92%	5.38%	1.73%	-3.35%
EPS (Basic)	2266.23	1192.89	2213.12	3253.66	3176.20	3939.46
EPS (Diluted)	2266.23	1192.89	2213.12	3253.66	3176.20	3939.46
EPS Growth	33.16%	-46.10%	-31.98%	2.44%	-19.37%	-13.54%
Free Cash Flow	10,205	-122,870	105,764	17,764	305,591	-34,242
Free Cash Flow Per Share	311.62	-3667.46	3033.49	494.59	8965.96	-1022.03
Dividend Per Share	550.000	280.000	870.000	1170.000	950.000	1056.000
Dividend Growth	-36.78%	-67.82%	-25.64%	23.16%	-10.04%	-17.37%
Gross Margin	10.83%	9.74%	15.28%	17.73%	17.60%	20.06%
Operating Margin	6.66%	4.54%	9.57%	12.07%	10.77%	13.58%
Profit Margin	3.35%	2.12%	4.58%	7.47%	6.98%	8.37%
Free Cash Flow Margin	0.46%	-6.53%	6.28%	1.14%	19.70%	-2.17%
EBITDA	243,958	169,881	216,223	242,958	224,336	273,049
EBITDA Margin	11.01%	9.03%	12.84%	15.53%	14.46%	17.31%
D&A For EBITDA	96,489	84,406	55,007	54,009	57,283	58,847
EBIT	147,468	85,475	161,216	188,949	167,054	214,202
EBIT Margin	6.66%	4.54%	9.57%	12.07%	10.77%	13.58%
Effective Tax Rate	10.01%	19.28%	30.41%	17.52%	24.61%	25.38%
Advertising Expenses	-	92.78	79.17	74.94	54.42	47.75

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