Dohwa Engineering Co., Ltd. (KRX: 002150)

Dohwa Engineering 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	591,568	574,991	555,824	577,393	574,923	516,128
Revenue Growth (YoY)	5.95%	3.45%	-3.74%	0.43%	11.39%	28.24%
Cost of Revenue	5,079	5,079	4,637	3,493	3,288	3,447
Gross Profit	586,489	569,912	551,187	573,900	571,635	512,681
Selling, General & Admin	538,910	521,601	517,929	533,968	525,498	468,615
Other Operating Expenses	16,156	16,156	14,236	13,755	17,426	9,886
Operating Expenses	570,862	548,020	546,788	553,914	547,625	485,611
Operating Income	15,627	21,892	4,399	19,985	24,011	27,069
Interest Expense	-3,868	-2,952	-1,645	-1,270	-240.82	-231.71
Interest & Investment Income	5,283	3,455	1,203	441.29	367.87	318.9
Currency Exchange Gain (Loss)	-1,194	-594.71	1,046	2,054	-2,641	381.16
Other Non Operating Income (Expenses)	3,457	5,611	-396.82	325.78	1,511	-5,384
EBT Excluding Unusual Items	17,337	27,411	4,606	21,537	23,008	22,154
Impairment of Goodwill	-1,211	-1,211	-	-	-	-
Gain (Loss) on Sale of Investments	432.73	170.68	178.56	635.85	850.66	565.44
Gain (Loss) on Sale of Assets	77.74	-105.98	-1,677	-130.71	-145.39	-65.92
Asset Writedown	-80.95	-225.52	-193.18	-73.87	-	-56.66
Pretax Income	16,555	26,039	2,914	21,968	23,713	22,597
Income Tax Expense	3,037	5,295	1,336	6,955	5,875	5,214
Earnings From Continuing Operations	13,518	20,744	1,578	15,013	17,839	17,383
Minority Interest in Earnings	134.03	-4.47	63.89	0.98	-	-
Net Income	13,652	20,740	1,642	15,014	17,839	17,383
Net Income to Common	13,652	20,740	1,642	15,014	17,839	17,383
Net Income Growth	-	1163.16%	-89.06%	-15.83%	2.62%	26.01%
Shares Outstanding (Basic)	33	33	33	33	33	34
Shares Outstanding (Diluted)	33	33	33	33	33	34
Shares Change (YoY)	-	-	-0.00%	-0.14%	-0.51%	-0.54%
EPS (Basic)	410.03	622.89	49.31	450.91	535.01	518.70
EPS (Diluted)	410.03	622.89	49.31	450.91	535.01	518.70
EPS Growth	-	1163.16%	-89.06%	-15.72%	3.15%	26.69%
Free Cash Flow	20,660	20,781	12,454	15,739	-10,213	34,676
Free Cash Flow Per Share	620.51	624.13	374.03	472.68	-306.30	1034.73
Dividend Per Share	280.000	280.000	-	-	-	-
Gross Margin	99.14%	99.12%	99.17%	99.39%	99.43%	99.33%
Operating Margin	2.64%	3.81%	0.79%	3.46%	4.18%	5.24%
Profit Margin	2.31%	3.61%	0.30%	2.60%	3.10%	3.37%
Free Cash Flow Margin	3.49%	3.61%	2.24%	2.73%	-1.78%	6.72%
EBITDA	22,541	28,273	10,770	26,212	28,462	31,086
EBITDA Margin	3.81%	4.92%	1.94%	4.54%	4.95%	6.02%
D&A For EBITDA	6,914	6,381	6,371	6,226	4,452	4,016
EBIT	15,627	21,892	4,399	19,985	24,011	27,069
EBIT Margin	2.64%	3.81%	0.79%	3.46%	4.18%	5.24%
Effective Tax Rate	18.34%	20.33%	45.86%	31.66%	24.77%	23.07%
Advertising Expenses	-	5,963	4,310	2,985	3,319	2,345

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