Kia Corporation (KRX: 000270)

Kia Corporation 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
Revenue	104,628,789	99,808,420	86,559,029	69,862,366	59,168,096	58,145,959
Revenue Growth (YoY)	6.07%	15.31%	23.90%	18.07%	1.76%	7.34%
Cost of Revenue	80,366,926	77,267,571	68,600,850	56,993,644	49,278,716	48,836,233
Gross Profit	24,261,863	22,540,849	17,958,179	12,868,722	9,889,380	9,309,726
Selling, General & Admin	9,917,206	9,172,797	9,231,768	6,532,467	6,707,660	6,166,295
Research & Development	1,654,213	1,503,839	1,257,221	1,046,810	896,570	914,011
Other Operating Expenses	59,862	56,419	55,824	41,805	39,115	40,236
Operating Expenses	11,843,631	10,930,250	10,724,851	7,802,556	7,821,836	7,299,942
Operating Income	12,418,232	11,610,599	7,233,328	5,066,166	2,067,544	2,009,784
Interest Expense	-82,128	-181,948	-232,983	-169,895	-234,524	-188,711
Interest & Investment Income	1,020,815	910,884	350,230	145,475	173,636	192,968
Earnings From Equity Investments	523,408	683,748	363,650	1,168,179	61,399	507,105
Currency Exchange Gain (Loss)	21,474	38,492	-64,130	49,311	-169,191	109,151
Other Non Operating Income (Expenses)	-55,680	-29,542	-99,389	58,262	-8,424	43,021
EBT Excluding Unusual Items	13,846,121	13,032,233	7,550,706	6,317,498	1,890,440	2,673,318
Gain (Loss) on Sale of Investments	-7,653	5,249	55,908	78,668	-	-
Gain (Loss) on Sale of Assets	-35,800	-138,048	-10,547	-5,195	-23,311	-20,922
Asset Writedown	-219,942	-222,090	-94,074	2,810	-25,771	-121,292
Pretax Income	13,582,726	12,677,344	7,501,993	6,393,781	1,841,358	2,531,104
Income Tax Expense	3,929,086	3,899,527	2,093,017	1,633,470	353,773	704,445
Earnings From Continuing Operations	9,653,640	8,777,817	5,408,976	4,760,311	1,487,585	1,826,659
Minority Interest in Earnings	-2,441	-847	453	139	-	-
Net Income	9,651,199	8,776,970	5,409,429	4,760,450	1,487,585	1,826,659
Net Income to Common	9,651,199	8,776,970	5,409,429	4,760,450	1,487,585	1,826,659
Net Income Growth	4.98%	62.25%	13.63%	220.01%	-18.56%	58.02%
Shares Outstanding (Basic)	393	396	401	401	401	401
Shares Outstanding (Diluted)	393	396	401	401	401	401
Shares Change (YoY)	-0.99%	-1.23%	-0.02%	-0.00%	-	-
EPS (Basic)	24538.39	22167.79	13494.71	11873.91	3710.32	4556.04
EPS (Diluted)	24538.39	22167.79	13494.71	11873.91	3710.32	4556.04
EPS Growth	6.02%	64.27%	13.65%	220.02%	-18.56%	58.02%
Free Cash Flow	7,030,487	8,961,366	7,838,584	6,040,147	3,761,998	1,874,172
Free Cash Flow Per Share	17875.17	22633.52	19554.64	15065.84	9383.15	4674.55
Dividend Per Share	5600.000	5600.000	3500.000	3000.000	1000.000	1150.000
Dividend Growth	60.00%	60.00%	16.67%	200.00%	-13.04%	27.78%
Gross Margin	23.19%	22.58%	20.75%	18.42%	16.71%	16.01%
Operating Margin	11.87%	11.63%	8.36%	7.25%	3.49%	3.46%
Profit Margin	9.22%	8.79%	6.25%	6.81%	2.51%	3.14%
Free Cash Flow Margin	6.72%	8.98%	9.06%	8.65%	6.36%	3.22%
EBITDA	14,854,348	13,964,034	9,655,927	7,285,827	4,287,066	4,139,220
EBITDA Margin	14.20%	13.99%	11.16%	10.43%	7.25%	7.12%
D&A For EBITDA	2,436,116	2,353,435	2,422,599	2,219,661	2,219,522	2,129,436
EBIT	12,418,232	11,610,599	7,233,328	5,066,166	2,067,544	2,009,784
EBIT Margin	11.87%	11.63%	8.36%	7.25%	3.49%	3.46%
Effective Tax Rate	28.93%	30.76%	27.90%	25.55%	19.21%	27.83%
Advertising Expenses	-	3,227,216	3,069,099	2,714,992	2,578,177	2,631,179

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