LK Samyang Co., Ltd (KOSDAQ: 225190)

LK Samyang 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	38,176	39,032	54,947	57,676	38,577	63,595
Revenue	38,176	39,032	54,947	57,676	38,577	63,595
Revenue Growth (YoY)	-15.60%	-28.96%	-4.73%	49.51%	-39.34%	5.18%
Cost of Revenue	25,499	27,323	31,192	32,951	25,070	34,941
Gross Profit	12,677	11,709	23,755	24,726	13,508	28,654
Selling, General & Admin	7,193	7,853	8,101	7,414	6,494	8,671
Research & Development	3,827	4,242	3,953	4,512	3,534	3,886
Other Operating Expenses	64.9	70.13	73.14	57.15	55.79	60.92
Operating Expenses	11,874	12,838	12,748	12,489	10,530	12,925
Operating Income	802.48	-1,129	11,007	12,237	2,978	15,729
Interest Expense	-215.98	-130.95	-131.5	-124.25	-96.09	-72.66
Interest & Investment Income	39.85	44.33	90.46	44.09	18.87	16.45
Currency Exchange Gain (Loss)	5.2	23.7	-226.97	808.44	-473.33	228.71
Other Non Operating Income (Expenses)	133.56	25.23	-221.27	-153.71	-312.93	558.36
EBT Excluding Unusual Items	765.12	-1,167	10,518	12,811	2,114	16,460
Gain (Loss) on Sale of Assets	-11.02	152.53	-	-39.11	-4.02	-27.09
Asset Writedown	-23.98	-18.24	-603.94	-164.83	-	-
Pretax Income	730.12	-1,033	9,914	12,607	2,110	16,433
Income Tax Expense	-2,160	-1,761	1,656	1,991	-29.16	2,875
Net Income	2,890	728.59	8,258	10,616	2,139	13,557
Net Income to Common	2,890	728.59	8,258	10,616	2,139	13,557
Net Income Growth	127.95%	-91.18%	-22.21%	396.19%	-84.22%	8.72%
Shares Outstanding (Basic)	51	51	51	50	50	50
Shares Outstanding (Diluted)	51	51	51	51	50	51
Shares Change (YoY)	-0.31%	-0.18%	0.72%	0.19%	-0.38%	1.13%
EPS (Basic)	56.95	14.36	162.73	210.72	42.53	270.12
EPS (Diluted)	56.95	14.36	162.40	210.20	42.40	267.80
EPS Growth	128.50%	-91.16%	-22.74%	395.75%	-84.17%	7.46%
Free Cash Flow	-3,014	-754.37	9,398	10,939	10,791	8,901
Free Cash Flow Per Share	-59.39	-14.86	184.74	216.58	214.04	175.88
Dividend Per Share	90.000	60.000	-	-	-	200.000
Dividend Growth	-	-	-	-	-	-9.09%
Gross Margin	33.21%	30.00%	43.23%	42.87%	35.01%	45.06%
Operating Margin	2.10%	-2.89%	20.03%	21.22%	7.72%	24.73%
Profit Margin	7.57%	1.87%	15.03%	18.41%	5.55%	21.32%
Free Cash Flow Margin	-7.89%	-1.93%	17.10%	18.97%	27.97%	14.00%
EBITDA	4,534	2,338	14,487	15,798	6,424	18,939
EBITDA Margin	11.88%	5.99%	26.36%	27.39%	16.65%	29.78%
D&A For EBITDA	3,732	3,467	3,480	3,561	3,446	3,210
EBIT	802.48	-1,129	11,007	12,237	2,978	15,729
EBIT Margin	2.10%	-2.89%	20.03%	21.22%	7.72%	24.73%
Effective Tax Rate	-	-	16.70%	15.80%	-	17.50%
Advertising Expenses	-	1,330	1,372	1,040	884.85	1,237

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