SEOJEON ELECTRIC MACHINERY Co.,Ltd. Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2016	FY 2015	FY 2014	FY 2013
Period Ending	Dec '16 Dec 31, 2016	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013
Revenue	50,190	50,190	42,012	56,305	54,843
Revenue Growth (YoY)	19.47%	19.47%	-25.39%	2.67%	-
Cost of Revenue	36,783	36,783	31,082	38,688	37,564
Gross Profit	13,407	13,407	10,931	17,617	17,279
Selling, General & Admin	7,359	7,359	7,784	7,134	7,914
Research & Development	3,999	3,999	3,364	2,369	1,911
Operating Expenses	11,406	11,406	11,297	9,253	10,350
Operating Income	2,001	2,001	-366.86	8,364	6,929
Interest Expense	-6.18	-6.18	-0.06	-35.14	-50.13
Interest & Investment Income	27.72	27.72	81.92	35.26	8.33
Currency Exchange Gain (Loss)	16.26	16.26	2.53	-8.14	2.31
Other Non Operating Income (Expenses)	-2.71	-2.71	-7.91	28.19	12.2
EBT Excluding Unusual Items	2,037	2,037	-290.39	8,384	6,902
Gain (Loss) on Sale of Investments	-13.57	-13.57	-	-	-
Gain (Loss) on Sale of Assets	27.73	27.73	28.93	2,953	139.29
Pretax Income	2,051	2,051	-261.46	11,338	7,041
Income Tax Expense	663.03	663.03	-417.79	1,530	1,340
Net Income	1,388	1,388	156.33	9,807	5,701
Net Income to Common	1,388	1,388	156.33	9,807	5,701
Net Income Growth	787.62%	787.62%	-98.41%	72.03%	-
Shares Outstanding (Basic)	10	10	10	7	7
Shares Outstanding (Diluted)	10	10	10	7	7
Shares Change (YoY)	-0.74%	-0.74%	34.70%	0.71%	-
EPS (Basic)	143.08	143.08	16.00	1352.00	791.50
EPS (Diluted)	143.08	143.08	16.00	1352.00	791.50
EPS Growth	794.23%	794.23%	-98.82%	70.81%	-
Free Cash Flow	155.51	155.51	-2,834	-3,744	2,063
Free Cash Flow Per Share	16.03	16.03	-290.05	-516.10	286.39
Dividend Per Share	55.000	55.000	-	-	-
Gross Margin	26.71%	26.71%	26.02%	31.29%	31.51%
Operating Margin	3.99%	3.99%	-0.87%	14.86%	12.63%
Profit Margin	2.76%	2.76%	0.37%	17.42%	10.39%
Free Cash Flow Margin	0.31%	0.31%	-6.75%	-6.65%	3.76%
EBITDA	2,726	2,726	233.75	8,739	7,333
EBITDA Margin	5.43%	5.43%	0.56%	15.52%	13.37%
D&A For EBITDA	724.51	724.51	600.62	375.16	404.39
EBIT	2,001	2,001	-366.86	8,364	6,929
EBIT Margin	3.99%	3.99%	-0.87%	14.86%	12.63%
Effective Tax Rate	32.33%	32.33%	-	13.50%	19.03%
Advertising Expenses	12.1	12.1	102.61	37.22	26.3

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