TS Corporation (KRX:001790)

TS Corporation Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,373,829	1,332,350	1,378,076	1,261,349	1,214,452
Revenue	1,373,829	1,332,350	1,378,076	1,261,349	1,214,452
Revenue Growth (YoY)	3.11%	-3.32%	9.25%	3.86%	0.83%
Cost of Revenue	1,238,731	1,193,106	1,246,439	1,125,462	1,065,845
Gross Profit	135,098	139,244	131,637	135,887	148,607
Selling, General & Admin	89,574	83,860	87,279	88,273	96,622
Other Operating Expenses	3,584	3,026	3,360	3,301	3,083
Operating Expenses	98,102	92,027	93,585	93,835	102,591
Operating Income	36,997	47,217	38,051	42,052	46,016
Interest Expense	-18,216	-17,078	-12,936	-8,867	-11,638
Interest & Investment Income	8,158	8,635	5,931	4,202	2,941
Earnings From Equity Investments	-	19.25	-999	-1,196	-731.22
Currency Exchange Gain (Loss)	-7,478	-5,375	-15,335	-11,774	9,152
Other Non Operating Income (Expenses)	-1,124	-5,027	7,563	-2,062	-1,853
EBT Excluding Unusual Items	18,337	28,391	22,275	22,355	43,887
Gain (Loss) on Sale of Investments	18,980	10,473	3,430	6,862	-7,330
Gain (Loss) on Sale of Assets	336.48	3,296	8,678	208.41	-1,276
Asset Writedown	-2,805	-	-	-2,192	-
Pretax Income	34,848	42,161	34,383	27,234	35,281
Income Tax Expense	14,325	9,657	8,871	7,043	12,606
Earnings From Continuing Operations	20,522	32,505	25,513	20,191	22,675
Net Income to Company	20,522	32,505	25,513	20,191	22,675
Minority Interest in Earnings	-31.34	68.86	30.91	-18.38	-63.25
Net Income	20,491	32,573	25,543	20,173	22,611
Preferred Dividends & Other Adjustments	777.93	777.93	810.35	745.52	599.66
Net Income to Common	19,713	31,796	24,733	19,427	22,012
Net Income Growth	-37.09%	27.52%	26.62%	-10.79%	53.41%
Shares Outstanding (Basic)	89	90	90	88	84
Shares Outstanding (Diluted)	89	90	90	88	85
Shares Change (YoY)	-0.53%	-	1.68%	4.14%	0.90%
EPS (Basic)	220.94	354.48	275.74	220.21	260.74
EPS (Diluted)	220.94	354.00	275.74	220.00	260.00
EPS Growth	-37.59%	28.38%	25.34%	-15.38%	52.80%
Free Cash Flow	38,944	30,318	3,323	-22,412	51,831
Free Cash Flow Per Share	436.49	338.01	37.05	-254.05	611.86
Dividend Per Share	120.000	115.000	120.000	110.000	90.000
Dividend Growth	4.35%	-4.17%	9.09%	22.22%	33.33%
Gross Margin	9.83%	10.45%	9.55%	10.77%	12.24%
Operating Margin	2.69%	3.54%	2.76%	3.33%	3.79%
Profit Margin	1.44%	2.39%	1.80%	1.54%	1.81%
Free Cash Flow Margin	2.83%	2.28%	0.24%	-1.78%	4.27%
EBITDA	50,430	60,095	51,416	56,419	61,662
EBITDA Margin	3.67%	4.51%	3.73%	4.47%	5.08%
D&A For EBITDA	13,433	12,878	13,365	14,368	15,645
EBIT	36,997	47,217	38,051	42,052	46,016
EBIT Margin	2.69%	3.54%	2.76%	3.33%	3.79%
Effective Tax Rate	41.11%	22.90%	25.80%	25.86%	35.73%
Advertising Expenses	2,172	2,065	1,520	1,499	2,723

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.