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 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
Operating Revenue	1,118,288	1,154,224	1,669,477	1,214,682	935,920	807,416
Other Revenue	-	-0	-0	-	-	-
Revenue	1,118,288	1,154,224	1,669,477	1,214,682	935,920	807,416
Revenue Growth (YoY)	-22.05%	-30.86%	37.44%	29.78%	15.92%	20.64%
Cost of Revenue	727,446	712,204	741,652	679,485	577,035	513,293
Gross Profit	390,842	442,019	927,824	535,197	358,885	294,124
Selling, General & Admin	90,768	82,367	77,741	63,060	53,826	51,985
Research & Development	85,080	84,040	77,174	64,222	58,511	55,296
Operating Expenses	186,106	176,582	165,940	136,090	119,550	112,832
Operating Income	204,736	265,437	761,885	399,107	239,335	181,292
Interest Expense	-674	-1,084	-1,667	-3,282	-6,505	-13,490
Interest & Investment Income	24,529	26,706	13,601	2,563	2,021	3,419
Earnings From Equity Investments	-1,792	-6,404	10,433	20,411	-11,964	-2,924
Currency Exchange Gain (Loss)	3,500	3,500	4,710	3,905	-7,341	-727
Other Non Operating Income (Expenses)	7,288	1,036	-8,109	-9,151	-507.81	-3,755
EBT Excluding Unusual Items	237,587	289,192	780,854	413,553	215,038	163,815
Gain (Loss) on Sale of Investments	8,107	8,107	-37,202	5,569	-4,396	-13,801
Gain (Loss) on Sale of Assets	9,617	9,617	-1,013	1,339	-663	1,014
Asset Writedown	-1,016	-1,016	-9	-21	-324	-7,062
Pretax Income	254,295	305,900	742,629	420,440	209,655	143,965
Income Tax Expense	35,526	41,751	186,402	103,548	43,630	39,328
Net Income	218,770	264,149	556,227	316,892	166,026	104,637
Preferred Dividends & Other Adjustments	534.77	637.36	1,311	747.06	391.61	246.86
Net Income to Common	218,235	263,512	554,916	316,145	165,634	104,390
Net Income Growth	-43.90%	-52.51%	75.53%	90.87%	58.67%	20.51%
Shares Outstanding (Basic)	42	42	43	43	43	43
Shares Outstanding (Diluted)	42	42	43	43	43	43
Shares Change (YoY)	-3.30%	-2.63%	0.01%	0.05%	0.02%	0.10%
EPS (Basic)	5240.06	6241.33	12798.26	7292.04	3822.48	2409.60
EPS (Diluted)	5239.80	6241.00	12798.00	7292.00	3822.00	2409.60
EPS Growth	-42.00%	-51.23%	75.51%	90.79%	58.62%	20.39%
Free Cash Flow	107,130	-48,548	568,676	274,724	167,443	82,838
Free Cash Flow Per Share	2572.32	-1149.88	13115.61	6336.66	3864.23	1912.12
Dividend Per Share	580.000	580.000	-	-	-	-
Gross Margin	34.95%	38.30%	55.58%	44.06%	38.35%	36.43%
Operating Margin	18.31%	23.00%	45.64%	32.86%	25.57%	22.45%
Profit Margin	19.52%	22.83%	33.24%	26.03%	17.70%	12.93%
Free Cash Flow Margin	9.58%	-4.21%	34.06%	22.62%	17.89%	10.26%
EBITDA	349,660	398,846	881,493	543,888	351,461	261,557
EBITDA Margin	31.27%	34.56%	52.80%	44.78%	37.55%	32.39%
D&A For EBITDA	144,924	133,409	119,608	144,781	112,126	80,265
EBIT	204,736	265,437	761,885	399,107	239,335	181,292
EBIT Margin	18.31%	23.00%	45.64%	32.86%	25.57%	22.45%
Effective Tax Rate	13.97%	13.65%	25.10%	24.63%	20.81%	27.32%

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