DB HiTek CO., LTD. (KRX:000990)

DB HiTek CO., LTD. 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	1,167,050	1,131,168	1,154,224	1,669,477	1,214,682	935,920
Other Revenue	-	-	-0	-0	-	-
Revenue	1,167,050	1,131,168	1,154,224	1,669,477	1,214,682	935,920
Revenue Growth (YoY)	2.36%	-2.00%	-30.86%	37.44%	29.79%	15.92%
Cost of Revenue	761,152	744,331	712,204	741,652	679,485	577,035
Gross Profit	405,898	386,837	442,019	927,824	535,197	358,885
Selling, General & Admin	102,466	98,808	82,367	77,741	63,060	53,826
Research & Development	91,658	88,082	84,040	77,174	64,222	58,511
Operating Expenses	203,600	195,998	176,582	165,940	136,090	119,550
Operating Income	202,298	190,839	265,437	761,885	399,107	239,335
Interest Expense	-2,796	-2,796	-1,084	-1,667	-3,282	-6,505
Interest & Investment Income	23,681	23,681	26,706	13,601	2,563	2,021
Earnings From Equity Investments	10.72	24.79	-6,404	10,433	20,411	-11,964
Currency Exchange Gain (Loss)	13,660	13,660	3,501	4,710	3,905	-7,341
Other Non Operating Income (Expenses)	14,463	28,439	1,036	-8,109	-9,151	-507.81
EBT Excluding Unusual Items	251,317	253,848	289,192	780,854	413,553	215,038
Gain (Loss) on Sale of Investments	8,892	8,892	8,107	-37,202	5,569	-4,396
Gain (Loss) on Sale of Assets	13,996	13,996	9,617	-1,013	1,339	-663
Asset Writedown	-893	-893	-1,016	-9	-21	-324
Pretax Income	273,311	275,843	305,900	742,629	420,440	209,655
Income Tax Expense	41,938	46,457	41,751	186,402	103,548	43,630
Earnings From Continuing Operations	231,373	229,386	264,149	556,227	316,892	166,026
Minority Interest in Earnings	312.54	87.73	-	-	-	-
Net Income	231,686	229,474	264,149	556,227	316,892	166,026
Preferred Dividends & Other Adjustments	694.35	568.45	637.36	1,311	747.06	391.61
Net Income to Common	230,991	228,905	263,512	554,916	316,145	165,634
Net Income Growth	-1.73%	-13.13%	-52.51%	75.53%	90.87%	58.67%
Shares Outstanding (Basic)	41	41	42	43	43	43
Shares Outstanding (Diluted)	41	41	42	43	43	43
Shares Change (YoY)	-1.41%	-1.78%	-2.63%	0.01%	0.05%	0.02%
EPS (Basic)	5604.80	5520.10	6241.33	12798.26	7292.04	3822.48
EPS (Diluted)	5604.80	5520.00	6241.00	12798.00	7292.00	3822.00
EPS Growth	-0.38%	-11.55%	-51.23%	75.51%	90.79%	58.62%
Free Cash Flow	233,542	280,193	-48,548	568,676	274,724	167,443
Free Cash Flow Per Share	5666.68	6756.91	-1149.88	13115.61	6336.66	3864.23
Dividend Per Share	1230.000	1230.000	-	-	-	-
Gross Margin	34.78%	34.20%	38.30%	55.58%	44.06%	38.35%
Operating Margin	17.33%	16.87%	23.00%	45.64%	32.86%	25.57%
Profit Margin	19.79%	20.24%	22.83%	33.24%	26.03%	17.70%
Free Cash Flow Margin	20.01%	24.77%	-4.21%	34.06%	22.62%	17.89%
EBITDA	363,468	347,019	398,846	881,493	543,888	351,461
EBITDA Margin	31.14%	30.68%	34.55%	52.80%	44.78%	37.55%
D&A For EBITDA	161,170	156,180	133,409	119,608	144,781	112,126
EBIT	202,298	190,839	265,437	761,885	399,107	239,335
EBIT Margin	17.33%	16.87%	23.00%	45.64%	32.86%	25.57%
Effective Tax Rate	15.35%	16.84%	13.65%	25.10%	24.63%	20.81%

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