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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	103,654,304	99,808,420	86,559,029	69,862,366	59,168,096	58,145,959
Revenue Growth (YoY)	7.68%	15.31%	23.90%	18.07%	1.76%	7.34%
Cost of Revenue	79,668,490	77,267,571	68,600,850	56,993,644	49,278,716	48,836,233
Gross Profit	23,985,814	22,540,849	17,958,179	12,868,722	9,889,380	9,309,726
Selling, General & Admin	9,712,277	9,172,797	9,231,768	6,532,467	6,707,660	6,166,295
Research & Development	1,606,872	1,503,839	1,257,221	1,046,810	896,570	914,011
Other Operating Expenses	56,387	56,419	55,824	41,805	39,115	40,236
Operating Expenses	11,583,782	10,930,250	10,724,851	7,802,556	7,821,836	7,299,942
Operating Income	12,402,032	11,610,599	7,233,328	5,066,166	2,067,544	2,009,784
Interest Expense	-99,154	-181,948	-232,983	-169,895	-234,524	-188,711
Interest & Investment Income	982,707	910,884	350,230	145,475	173,636	192,968
Earnings From Equity Investments	644,321	683,748	363,650	1,168,179	61,399	507,105
Currency Exchange Gain (Loss)	120,253	38,492	-64,130	49,311	-169,191	109,151
Other Non Operating Income (Expenses)	-76,544	-29,542	-99,389	58,262	-8,424	43,021
EBT Excluding Unusual Items	13,973,615	13,032,233	7,550,706	6,317,498	1,890,440	2,673,318
Gain (Loss) on Sale of Investments	-16,924	5,249	55,908	78,668	-	-
Gain (Loss) on Sale of Assets	-52,196	-138,048	-10,547	-5,195	-23,311	-20,922
Asset Writedown	-227,003	-222,090	-94,074	2,810	-25,771	-121,292
Pretax Income	13,677,492	12,677,344	7,501,993	6,393,781	1,841,358	2,531,104
Income Tax Expense	4,070,760	3,899,527	2,093,017	1,633,470	353,773	704,445
Earnings From Continuing Operations	9,606,732	8,777,817	5,408,976	4,760,311	1,487,585	1,826,659
Minority Interest in Earnings	-2,804	-847	453	139	-	-
Net Income	9,603,928	8,776,970	5,409,429	4,760,450	1,487,585	1,826,659
Net Income to Common	9,603,928	8,776,970	5,409,429	4,760,450	1,487,585	1,826,659
Net Income Growth	29.22%	62.25%	13.63%	220.01%	-18.56%	58.02%
Shares Outstanding (Basic)	394	396	401	401	401	401
Shares Outstanding (Diluted)	394	396	401	401	401	401
Shares Change (YoY)	-1.15%	-1.23%	-0.02%	-0.00%	-	-
EPS (Basic)	24368.04	22167.79	13494.71	11873.91	3710.32	4556.04
EPS (Diluted)	24368.04	22167.79	13494.71	11873.91	3710.32	4556.04
EPS Growth	30.72%	64.27%	13.65%	220.02%	-18.56%	58.02%
Free Cash Flow	7,705,705	8,961,366	7,838,584	6,040,147	3,761,998	1,874,172
Free Cash Flow Per Share	19551.68	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	23.14%	22.58%	20.75%	18.42%	16.71%	16.01%
Operating Margin	11.96%	11.63%	8.36%	7.25%	3.49%	3.46%
Profit Margin	9.27%	8.79%	6.25%	6.81%	2.51%	3.14%
Free Cash Flow Margin	7.43%	8.98%	9.06%	8.65%	6.36%	3.22%
EBITDA	14,801,574	13,964,034	9,655,927	7,285,827	4,287,066	4,139,220
EBITDA Margin	14.28%	13.99%	11.16%	10.43%	7.25%	7.12%
D&A For EBITDA	2,399,542	2,353,435	2,422,599	2,219,661	2,219,522	2,129,436
EBIT	12,402,032	11,610,599	7,233,328	5,066,166	2,067,544	2,009,784
EBIT Margin	11.96%	11.63%	8.36%	7.25%	3.49%	3.46%
Effective Tax Rate	29.76%	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.