Miwon Commercial Co., Ltd. (KRX: 002840)

Miwon Commercial 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	427,135	421,367	438,188	359,795	294,984	249,991
Other Revenue	-	-0	-0	-0	-	-
Revenue	427,135	421,367	438,188	359,795	294,984	249,991
Revenue Growth (YoY)	-0.16%	-3.84%	21.79%	21.97%	18.00%	-23.93%
Cost of Revenue	320,240	320,569	330,541	275,525	227,315	195,542
Gross Profit	106,895	100,798	107,647	84,270	67,669	54,449
Selling, General & Admin	22,370	20,980	19,720	17,381	15,637	13,514
Research & Development	13,276	12,067	10,353	9,155	8,573	8,113
Other Operating Expenses	456.9	438.1	387.05	312.5	318.88	252.38
Operating Expenses	35,681	33,559	30,632	27,115	24,785	22,189
Operating Income	71,214	67,239	77,016	57,155	42,884	32,260
Interest Expense	-2.2	-2.67	-77.11	-4.36	-114.12	-42.67
Interest & Investment Income	1,524	1,336	451.59	454.4	368.28	323.01
Earnings From Equity Investments	-6,185	4,687	7,686	9,927	16,658	7,159
Currency Exchange Gain (Loss)	1,168	203.6	730.02	1,539	-892.53	97.54
Other Non Operating Income (Expenses)	2,837	2,499	2,154	2,037	3,259	1,212
EBT Excluding Unusual Items	70,556	75,961	87,959	71,107	62,163	41,009
Gain (Loss) on Sale of Investments	-	-	-0.35	-108.85	-0.36	-
Gain (Loss) on Sale of Assets	27.3	37.98	-16.19	-125.44	92.32	10.02
Asset Writedown	-12.46	134.92	-117.18	395.69	244.29	422.1
Pretax Income	70,571	76,134	87,825	71,268	62,499	41,441
Income Tax Expense	11,203	15,118	15,610	13,525	10,651	10,318
Earnings From Continuing Operations	59,368	61,016	72,216	57,743	51,848	31,123
Net Income to Company	59,368	61,016	72,216	57,743	51,848	31,123
Net Income	59,368	61,016	72,216	57,743	51,848	31,123
Net Income to Common	59,368	61,016	72,216	57,743	51,848	31,123
Net Income Growth	-5.60%	-15.51%	25.06%	11.37%	66.59%	44.56%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
Shares Change (YoY)	-2.15%	-2.41%	-1.31%	-0.80%	-0.99%	0.68%
EPS (Basic)	12549.95	12771.11	14751.67	11641.29	10369.34	6162.54
EPS (Diluted)	12549.95	12771.11	14751.67	11641.29	10369.34	6162.54
EPS Growth	-3.53%	-13.43%	26.72%	12.27%	68.26%	43.58%
Free Cash Flow	12,220	37,661	29,374	25,629	12,409	-22,387
Free Cash Flow Per Share	2583.20	7882.69	6000.22	5167.04	2481.67	-4432.68
Dividend Per Share	2000.000	2000.000	-	-	-	-
Gross Margin	25.03%	23.92%	24.57%	23.42%	22.94%	21.78%
Operating Margin	16.67%	15.96%	17.58%	15.89%	14.54%	12.90%
Profit Margin	13.90%	14.48%	16.48%	16.05%	17.58%	12.45%
Free Cash Flow Margin	2.86%	8.94%	6.70%	7.12%	4.21%	-8.96%
EBITDA	102,397	97,758	104,396	81,257	61,166	45,304
EBITDA Margin	23.97%	23.20%	23.82%	22.58%	20.74%	18.12%
D&A For EBITDA	31,183	30,520	27,380	24,102	18,282	13,044
EBIT	71,214	67,239	77,016	57,155	42,884	32,260
EBIT Margin	16.67%	15.96%	17.58%	15.89%	14.54%	12.90%
Effective Tax Rate	15.88%	19.86%	17.77%	18.98%	17.04%	24.90%
Advertising Expenses	-	109.78	56.18	16.38	35.07	121.43

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