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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	21,049	24,671	30,436	25,893	17,714	15,007
Revenue	21,049	24,671	30,436	25,893	17,714	15,007
Revenue Growth (YoY)	-16.26%	-18.94%	17.54%	46.17%	18.04%	11.59%
Cost of Revenue	248.69	196.81	175.79	256.78	135.2	126.56
Gross Profit	20,800	24,474	30,260	25,636	17,579	14,880
Selling, General & Admin	10,512	10,522	10,281	9,708	8,187	7,455
Other Operating Expenses	909.93	932.12	995.32	866.62	749.41	688.68
Operating Expenses	12,621	12,680	12,539	11,808	10,128	9,335
Operating Income	8,179	11,794	17,721	13,829	7,451	5,546
Interest & Investment Income	1,961	2,033	1,301	592.93	423.9	434.66
Earnings From Equity Investments	5,625	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)	-409.35	-455.23	-474.85	-486.93	-313.45	-40.35
EBT Excluding Unusual Items	15,355	21,268	24,270	17,371	8,245	4,038
Gain (Loss) on Sale of Investments	517.38	82.14	59.2	147.65	137.99	58.44
Gain (Loss) on Sale of Assets	22.16	38.85	-9.18	-35.35	2.53	21
Pretax Income	15,894	21,389	24,320	17,484	8,386	4,118
Income Tax Expense	2,584	3,733	3,676	3,747	1,776	1,038
Net Income	13,310	17,656	20,643	13,737	6,610	3,080
Net Income to Common	13,310	17,656	20,643	13,737	6,610	3,080
Net Income Growth	-23.59%	-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)	0.13%	0.03%	-0.06%	0.01%	0.28%	14.98%
EPS (Basic)	646.34	857.56	1003.00	667.00	321.00	150.00
EPS (Diluted)	646.34	857.56	1003.00	667.00	321.00	150.00
EPS Growth	-23.68%	-14.50%	50.37%	107.79%	114.00%	-36.44%
Free Cash Flow	-2,752	7,061	14,848	14,136	7,854	4,431
Free Cash Flow Per Share	-133.63	342.96	721.43	686.36	381.40	215.78
Gross Margin	98.82%	99.20%	99.42%	99.01%	99.24%	99.16%
Operating Margin	38.86%	47.81%	58.23%	53.41%	42.06%	36.95%
Profit Margin	63.23%	71.57%	67.83%	53.05%	37.32%	20.52%
Free Cash Flow Margin	-13.07%	28.62%	48.79%	54.59%	44.34%	29.53%
EBITDA	9,379	13,019	18,983	15,061	8,643	6,737
EBITDA Margin	44.56%	52.77%	62.37%	58.17%	48.79%	44.89%
D&A For EBITDA	1,199	1,225	1,262	1,233	1,192	1,191
EBIT	8,179	11,794	17,721	13,829	7,451	5,546
EBIT Margin	38.86%	47.81%	58.23%	53.41%	42.06%	36.95%
Effective Tax Rate	16.26%	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.