Hanyang Securities Co. Ltd. (KRX: 001750)

Hanyang Securities 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
Interest and Dividend Income	106,943	98,038	68,424	43,965	47,511	43,609
Total Interest Expense	75,264	79,217	27,064	9,818	16,122	22,150
Net Interest Income	31,679	18,821	41,359	34,147	31,389	21,459
Brokerage Commission	15,786	16,365	17,569	23,430	66,620	40,998
Asset Management Fee	-	-	-	-	0.05	0.04
Underwriting & Investment Banking Fee	33,310	34,745	37,430	39,125	34,424	22,577
Gain on Sale of Investments (Rev)	272,982	372,623	386,537	172,881	127,534	119,982
Other Revenue	397,723	477,157	607,186	594,764	201,059	83,241
Revenue Before Loan Losses	751,479	919,711	1,090,081	864,348	461,026	288,257
Provision for Loan Losses	-	-	-	-	-	92.47
Revenue	751,479	919,711	1,090,081	864,348	461,026	288,165
Revenue Growth (YoY)	-29.24%	-15.63%	26.12%	87.48%	59.99%	52.73%
Salaries & Employee Benefits	73,075	74,118	85,404	141,575	100,799	56,840
Cost of Services Provided	33,541	32,821	38,800	32,193	22,370	20,666
Other Operating Expenses	314,283	385,227	528,928	422,475	158,780	89,753
Total Operating Expenses	423,624	495,031	656,379	598,671	284,083	168,829
Operating Income	327,855	424,680	433,701	265,677	176,943	119,336
Currency Exchange Gains	1,489	87.61	-	-	-117.5	-10.81
Other Non-Operating Income (Expenses)	-10,647	-6,514	-1,555	-3,032	-2,888	-1,633
EBT Excluding Unusual Items	319,923	419,387	432,146	262,644	173,938	117,692
Asset Writedown	11.89	11.89	11.89	11.89	11.89	-2.2
Gain (Loss) on Sale of Investments	-268,176	-372,465	-396,163	-148,461	-110,200	-88,675
Other Unusual Items	-	-	-461.13	-	-	-
Pretax Income	51,759	46,935	35,532	114,194	65,119	29,003
Income Tax Expense	14,097	11,830	11,498	34,751	19,189	6,841
Net Income	37,663	35,104	24,033	79,444	45,930	22,161
Preferred Dividends & Other Adjustments	572.07	381.38	-	-	-	-
Net Income to Common	37,091	34,723	24,033	79,444	45,930	22,161
Net Income Growth	50.33%	46.06%	-69.75%	72.97%	107.25%	376.13%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
Shares Change (YoY)	-1.89%	-1.60%	1.05%	-0.14%	-0.16%	-2.07%
EPS (Basic)	2925.74	2727.95	1858.00	6206.00	3583.00	1726.00
EPS (Diluted)	2925.74	2727.95	1858.00	6206.00	3583.00	1726.00
EPS Growth	50.91%	46.82%	-70.06%	73.21%	107.59%	386.20%
Free Cash Flow	-470,635	-133,085	-2,296	-73,883	74,137	-22,747
Free Cash Flow Per Share	-37124.13	-10455.63	-177.54	-5771.62	5783.47	-1771.60
Operating Margin	43.63%	46.18%	39.79%	30.74%	38.38%	41.41%
Profit Margin	4.94%	3.78%	2.20%	9.19%	9.96%	7.69%
Free Cash Flow Margin	-62.63%	-14.47%	-0.21%	-8.55%	16.08%	-7.89%
Effective Tax Rate	27.23%	25.21%	32.36%	30.43%	29.47%	23.59%

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