CJ Corporation (KRX: 001040)

CJ 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	42,629,817	41,352,688	40,924,880	34,484,027	31,999,103	33,779,707
Revenue Growth (YoY)	3.24%	1.05%	18.68%	7.77%	-5.27%	14.42%
Cost of Revenue	30,441,149	30,033,655	29,777,506	24,844,644	23,447,667	24,702,496
Gross Profit	12,188,667	11,319,033	11,147,374	9,639,383	8,551,436	9,077,211
Selling, General & Admin	8,725,304	8,316,544	8,075,908	6,911,523	6,247,993	6,631,704
Research & Development	60,952	62,672	78,600	57,521	48,479	47,897
Other Operating Expenses	128,566	127,979	123,104	105,048	107,020	118,023
Operating Expenses	9,700,144	9,282,161	9,015,820	7,760,659	7,177,933	7,575,574
Operating Income	2,488,524	2,036,872	2,131,554	1,878,723	1,373,503	1,501,637
Interest Expense	-908,573	-908,573	-675,578	-520,694	-581,666	-667,760
Interest & Investment Income	151,718	151,718	95,576	57,636	52,141	62,661
Earnings From Equity Investments	318,404	254,512	-147,738	343,571	94,718	355,115
Currency Exchange Gain (Loss)	-21,446	-21,446	-132,818	-79,949	-5,836	6,836
Other Non Operating Income (Expenses)	-754,286	-230,130	31,417	-81,635	-522,448	-403,017
EBT Excluding Unusual Items	1,274,342	1,282,955	1,302,413	1,597,652	410,413	855,472
Gain (Loss) on Sale of Assets	-1,266	-1,266	-31,215	-6,767	534,537	10,790
Asset Writedown	-295,755	-295,755	-214,959	-290,036	-431,253	-269,187
Pretax Income	977,322	985,935	1,056,239	1,300,849	513,698	597,075
Income Tax Expense	691,899	461,267	369,393	493,888	309,690	273,232
Earnings From Continuing Operations	285,423	524,668	686,846	806,962	204,008	323,843
Minority Interest in Earnings	-158,030	-329,877	-484,776	-531,987	-117,358	-56,694
Net Income	127,393	194,791	202,070	274,974	86,650	267,149
Preferred Dividends & Other Adjustments	37,692	37,692	-	-	-	-
Net Income to Common	89,701	157,099	202,070	274,974	86,650	267,149
Net Income Growth	43.25%	-3.60%	-26.51%	217.34%	-67.56%	-3.23%
Shares Outstanding (Basic)	34	34	34	34	34	32
Shares Outstanding (Diluted)	34	34	34	34	34	32
Shares Change (YoY)	0.01%	-0.00%	-	-0.00%	3.47%	14.32%
EPS (Basic)	2674.50	4685.20	6026.37	8200.62	2584.19	8243.87
EPS (Diluted)	2674.50	4685.20	6026.37	8200.62	2584.19	8243.87
EPS Growth	0.86%	-22.26%	-26.51%	217.34%	-68.65%	-15.35%
Free Cash Flow	3,500,550	3,518,077	2,123,665	1,892,043	1,795,200	1,658,611
Free Cash Flow Per Share	104371.19	104920.32	63334.49	56426.79	53538.61	51182.60
Dividend Per Share	3000.000	3000.000	2500.000	2300.000	2000.000	1850.000
Dividend Growth	20.00%	20.00%	8.70%	15.00%	8.11%	27.59%
Gross Margin	28.59%	27.37%	27.24%	27.95%	26.72%	26.87%
Operating Margin	5.84%	4.93%	5.21%	5.45%	4.29%	4.45%
Profit Margin	0.21%	0.38%	0.49%	0.80%	0.27%	0.79%
Free Cash Flow Margin	8.21%	8.51%	5.19%	5.49%	5.61%	4.91%
EBITDA	5,793,499	5,096,659	5,339,412	4,326,278	3,847,515	4,140,603
EBITDA Margin	13.59%	12.32%	13.05%	12.55%	12.02%	12.26%
D&A For EBITDA	3,304,975	3,059,786	3,207,858	2,447,554	2,474,012	2,638,966
EBIT	2,488,524	2,036,872	2,131,554	1,878,723	1,373,503	1,501,637
EBIT Margin	5.84%	4.93%	5.21%	5.45%	4.29%	4.45%
Effective Tax Rate	70.80%	46.78%	34.97%	37.97%	60.29%	45.76%
Advertising Expenses	-	1,022,633	1,088,671	951,180	806,294	896,333

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