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

Namhwa Industrial 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	22,168	24,671	30,436	25,893	17,714	15,007
Revenue	22,168	24,671	30,436	25,893	17,714	15,007
Revenue Growth (YoY)	-21.49%	-18.94%	17.54%	46.17%	18.04%	11.59%
Cost of Revenue	239.09	196.81	175.79	256.78	135.2	126.56
Gross Profit	21,929	24,474	30,260	25,636	17,579	14,880
Selling, General & Admin	10,558	10,522	10,281	9,708	8,187	7,455
Other Operating Expenses	881.22	932.12	995.32	866.62	749.41	688.68
Operating Expenses	12,647	12,680	12,539	11,808	10,128	9,335
Operating Income	9,281	11,794	17,721	13,829	7,451	5,546
Interest & Investment Income	2,034	2,033	1,301	592.93	423.9	434.66
Earnings From Equity Investments	7,038	7,895	5,722	3,425	761.76	-1,942
Currency Exchange Gain (Loss)	-	-	-	11.41	-77.59	40.07
Other Non Operating Income (Expenses)	-419.3	-455.23	-474.85	-486.93	-313.45	-40.35
EBT Excluding Unusual Items	17,934	21,268	24,270	17,371	8,245	4,038
Gain (Loss) on Sale of Investments	202.25	82.14	59.2	147.65	137.99	58.44
Gain (Loss) on Sale of Assets	12.98	38.85	-9.18	-35.35	2.53	21
Pretax Income	18,149	21,389	24,320	17,484	8,386	4,118
Income Tax Expense	3,175	3,733	3,676	3,747	1,776	1,038
Net Income	14,974	17,656	20,643	13,737	6,610	3,080
Net Income to Common	14,974	17,656	20,643	13,737	6,610	3,080
Net Income Growth	-19.74%	-14.47%	50.28%	107.81%	114.61%	-26.92%
Shares Outstanding (Basic)	21	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21	21
Shares Change (YoY)	-0.04%	0.03%	-0.06%	0.01%	0.28%	14.98%
EPS (Basic)	727.42	857.56	1003.00	667.00	321.00	150.00
EPS (Diluted)	727.42	857.56	1003.00	667.00	321.00	150.00
EPS Growth	-19.71%	-14.50%	50.37%	107.79%	114.00%	-36.44%
Free Cash Flow	-1,511	7,061	14,848	14,136	7,854	4,431
Free Cash Flow Per Share	-73.42	342.96	721.43	686.36	381.40	215.78
Gross Margin	98.92%	99.20%	99.42%	99.01%	99.24%	99.16%
Operating Margin	41.87%	47.81%	58.23%	53.41%	42.06%	36.95%
Profit Margin	67.55%	71.57%	67.83%	53.05%	37.32%	20.52%
Free Cash Flow Margin	-6.82%	28.62%	48.79%	54.59%	44.34%	29.53%
EBITDA	10,489	13,019	18,983	15,061	8,643	6,737
EBITDA Margin	47.32%	52.77%	62.37%	58.17%	48.79%	44.89%
D&A For EBITDA	1,208	1,225	1,262	1,233	1,192	1,191
EBIT	9,281	11,794	17,721	13,829	7,451	5,546
EBIT Margin	41.87%	47.81%	58.23%	53.41%	42.06%	36.95%
Effective Tax Rate	17.50%	17.45%	15.12%	21.43%	21.18%	25.20%
Advertising Expenses	-	17.51	22.32	42.66	17.65	16.78

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