Namhwa Industrial Co., Ltd. (KOSDAQ:111710)

Namhwa Industrial 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	19,823	20,703	24,671	30,436	25,893	17,714
Revenue	19,823	20,703	24,671	30,436	25,893	17,714
Revenue Growth (YoY)	-15.80%	-16.08%	-18.94%	17.54%	46.17%	18.04%
Cost of Revenue	198.69	190.73	196.81	175.79	256.78	135.2
Gross Profit	19,624	20,512	24,474	30,260	25,636	17,579
Selling, General & Admin	10,204	10,338	10,522	10,281	9,708	8,187
Other Operating Expenses	972.64	973.38	932.12	995.32	866.62	749.41
Operating Expenses	12,359	12,502	12,680	12,539	11,808	10,128
Operating Income	7,265	8,011	11,794	17,721	13,829	7,451
Interest & Investment Income	1,872	1,921	2,033	1,301	592.93	423.9
Earnings From Equity Investments	2,633	3,388	7,895	5,722	3,425	761.76
Currency Exchange Gain (Loss)	-	-	-	-	11.41	-77.59
Other Non Operating Income (Expenses)	-331.19	-322.62	-455.23	-474.85	-486.93	-313.45
EBT Excluding Unusual Items	11,439	12,997	21,268	24,270	17,371	8,245
Gain (Loss) on Sale of Investments	455.57	524.35	82.14	59.2	147.65	137.99
Gain (Loss) on Sale of Assets	6.94	6.94	38.85	-9.18	-35.35	2.53
Pretax Income	11,902	13,528	21,389	24,320	17,484	8,386
Income Tax Expense	2,299	2,595	3,733	3,676	3,747	1,776
Net Income	9,603	10,933	17,656	20,643	13,737	6,610
Net Income to Common	9,603	10,933	17,656	20,643	13,737	6,610
Net Income Growth	-41.46%	-38.08%	-14.47%	50.28%	107.81%	114.61%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
Shares Change (YoY)	-0.18%	0.05%	-0.02%	-0.06%	0.01%	0.28%
EPS (Basic)	467.01	531.02	858.00	1003.00	667.00	321.00
EPS (Diluted)	467.01	531.02	858.00	1003.00	667.00	321.00
EPS Growth	-41.35%	-38.11%	-14.46%	50.38%	107.79%	114.00%
Free Cash Flow	-2,485	-2,040	7,061	14,848	14,136	7,854
Free Cash Flow Per Share	-120.86	-99.08	343.14	721.43	686.36	381.40
Gross Margin	99.00%	99.08%	99.20%	99.42%	99.01%	99.24%
Operating Margin	36.65%	38.69%	47.81%	58.23%	53.41%	42.06%
Profit Margin	48.45%	52.81%	71.56%	67.83%	53.05%	37.32%
Free Cash Flow Margin	-12.54%	-9.85%	28.62%	48.79%	54.59%	44.34%
EBITDA	8,447	9,201	13,019	18,983	15,061	8,643
EBITDA Margin	42.61%	44.44%	52.77%	62.37%	58.17%	48.79%
D&A For EBITDA	1,182	1,190	1,225	1,262	1,233	1,192
EBIT	7,265	8,011	11,794	17,721	13,829	7,451
EBIT Margin	36.65%	38.69%	47.81%	58.23%	53.41%	42.06%
Effective Tax Rate	19.31%	19.19%	17.45%	15.12%	21.43%	21.18%
Advertising Expenses	-	43.24	17.51	22.32	42.66	17.65

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