Samhwa Paints Industrial Co., Ltd. (KRX:000390)

Samhwa Paints Industrial Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	620,905	628,001	630,797	644,955	630,387	550,532
Other Revenue	318.04	346.89	584.51	1,084	1,219	1,187
Revenue	621,223	628,348	631,382	646,040	631,606	551,719
Revenue Growth (YoY)	-1.73%	-0.48%	-2.27%	2.28%	14.48%	2.12%
Cost of Revenue	500,023	505,662	500,057	526,974	537,019	446,751
Gross Profit	121,200	122,686	131,325	119,066	94,587	104,968
Selling, General & Admin	101,827	95,638	97,734	91,807	86,981	82,927
Other Operating Expenses	2,842	2,798	1,850	1,845	1,706	1,701
Operating Expenses	109,193	104,086	105,608	101,445	93,758	89,949
Operating Income	12,007	18,600	25,717	17,621	829.23	15,019
Interest Expense	-7,350	-7,375	-7,901	-6,366	-4,869	-5,018
Interest & Investment Income	5,466	2,819	1,181	590.85	712.99	652.91
Earnings From Equity Investments	1,500	1,741	100.96	42.44	174.74	235.13
Currency Exchange Gain (Loss)	1,522	1,603	378.52	173.92	1,483	-1,340
Other Non Operating Income (Expenses)	4,479	4,385	2,328	550.62	1,033	-1,255
EBT Excluding Unusual Items	17,624	21,773	21,804	12,612	-635.36	8,293
Impairment of Goodwill	-295.32	-295.32	-	-1,180	-	-
Gain (Loss) on Sale of Investments	56.62	56.62	-	-8.5	-	-45.52
Gain (Loss) on Sale of Assets	-122.6	84.06	48.49	1,226	-167.85	257.64
Asset Writedown	10.81	-5	-3,208	-1,978	-343.99	99.54
Other Unusual Items	-	-	480.01	-	-	290.15
Pretax Income	17,274	21,614	19,134	10,672	-1,141	8,895
Income Tax Expense	6,499	6,140	3,004	5,174	1,285	2,412
Earnings From Continuing Operations	10,775	15,473	16,131	5,498	-2,426	6,483
Minority Interest in Earnings	123.4	-8.1	31.1	103.27	-21.97	68.2
Net Income	10,898	15,465	16,162	5,601	-2,448	6,551
Net Income to Common	10,898	15,465	16,162	5,601	-2,448	6,551
Net Income Growth	-42.65%	-4.31%	188.54%	-	-	73.51%
Shares Outstanding (Basic)	24	24	24	24	23	22
Shares Outstanding (Diluted)	24	24	24	24	23	24
Shares Change (YoY)	1.52%	-0.52%	0.74%	0.46%	-2.80%	6.69%
EPS (Basic)	454.64	654.17	685.09	237.44	-104.23	293.79
EPS (Diluted)	454.47	654.00	683.71	237.00	-104.23	292.16
EPS Growth	-43.51%	-4.35%	188.48%	-	-	75.22%
Free Cash Flow	13,517	18,667	36,813	13,748	-61,108	18,315
Free Cash Flow Per Share	563.88	789.59	1549.07	582.79	-2602.32	758.10
Dividend Per Share	350.000	350.000	400.000	250.000	100.000	150.000
Dividend Growth	-12.50%	-12.50%	60.00%	150.00%	-33.33%	20.00%
Gross Margin	19.51%	19.53%	20.80%	18.43%	14.98%	19.03%
Operating Margin	1.93%	2.96%	4.07%	2.73%	0.13%	2.72%
Profit Margin	1.75%	2.46%	2.56%	0.87%	-0.39%	1.19%
Free Cash Flow Margin	2.18%	2.97%	5.83%	2.13%	-9.68%	3.32%
EBITDA	28,388	34,967	43,108	34,679	17,916	31,107
EBITDA Margin	4.57%	5.56%	6.83%	5.37%	2.84%	5.64%
D&A For EBITDA	16,380	16,367	17,391	17,058	17,087	16,088
EBIT	12,007	18,600	25,717	17,621	829.23	15,019
EBIT Margin	1.93%	2.96%	4.07%	2.73%	0.13%	2.72%
Effective Tax Rate	37.62%	28.41%	15.70%	48.48%	-	27.12%
Advertising Expenses	-	6,176	6,563	4,327	6,525	5,920

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.