Yuanta Securities Korea Co., Ltd. (KRX: 003470)

Yuanta Securities Korea 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	473,421	425,944	291,392	254,541	215,686	228,790
Total Interest Expense	295,522	272,308	165,873	64,378	76,756	122,225
Net Interest Income	177,899	153,636	125,519	190,163	138,929	106,565
Brokerage Commission	276,667	261,991	232,830	403,057	362,965	204,952
Asset Management Fee	10,944	8,364	10,766	13,409	5,060	4,193
Underwriting & Investment Banking Fee	7,509	7,578	5,191	9,674	8,234	9,331
Gain on Sale of Investments (Rev)	488,277	536,509	188,936	367,997	288,946	197,738
Other Revenue	1,284,003	1,426,442	1,555,889	1,141,601	1,744,197	1,435,556
Revenue Before Loan Losses	2,245,300	2,394,520	2,119,131	2,125,901	2,548,332	1,958,335
Provision for Loan Losses	12,424	9,009	3,090	-815.18	-617.86	2,081
Revenue	2,232,875	2,385,511	2,116,040	2,126,716	2,548,950	1,956,254
Revenue Growth (YoY)	5.51%	12.73%	-0.50%	-16.57%	30.30%	5.62%
Salaries & Employee Benefits	281,432	255,065	217,368	307,701	260,607	198,655
Cost of Services Provided	113,635	106,857	110,760	114,281	100,082	92,363
Other Operating Expenses	1,150,452	1,243,179	1,340,486	1,033,581	1,644,616	1,209,477
Total Operating Expenses	1,579,604	1,635,818	1,695,995	1,482,503	2,032,559	1,529,152
Operating Income	653,271	749,693	420,045	644,213	516,391	427,102
Currency Exchange Gains	2,216	-2,056	9,801	3,054	-20,250	6,310
Other Non-Operating Income (Expenses)	-274,992	-368,479	-113,831	-298,713	-183,960	-257,962
EBT Excluding Unusual Items	376,220	369,442	324,521	368,535	324,288	183,913
Asset Writedown	-	-	-	-	-198.48	-318.03
Gain (Loss) on Sale of Investments	-261,197	-278,321	-270,678	-169,638	-192,732	-101,100
Pretax Income	115,071	91,088	63,194	199,720	139,012	82,509
Income Tax Expense	31,426	26,660	18,121	49,092	34,004	1,579
Earnings From Continuing Ops.	83,645	64,428	45,073	150,628	105,008	80,930
Net Income	83,645	64,428	45,073	150,628	105,008	80,930
Preferred Dividends & Other Adjustments	6,780	6,780	-	-	-	-
Net Income to Common	76,865	57,648	45,073	150,628	105,008	80,930
Net Income Growth	88.58%	42.94%	-70.08%	43.44%	29.75%	-22.71%
Shares Outstanding (Basic)	205	205	205	205	205	205
Shares Outstanding (Diluted)	205	205	205	223	220	231
Shares Change (YoY)	-0.01%	-	-8.05%	1.73%	-4.78%	-1.07%
EPS (Basic)	374.69	280.54	219.34	733.02	511.01	393.84
EPS (Diluted)	374.69	280.54	219.34	674.00	478.00	377.00
EPS Growth	73.31%	27.90%	-67.46%	41.00%	26.79%	-17.37%
Free Cash Flow	136,518	-393,427	510,340	-56,125	-665,758	548,744
Free Cash Flow Per Share	665.48	-1914.57	2483.51	-251.14	-3030.56	2378.47
Dividend Per Share	180.000	180.000	-	-	-	-
Operating Margin	29.26%	31.43%	19.85%	30.29%	20.26%	21.83%
Profit Margin	3.44%	2.42%	2.13%	7.08%	4.12%	4.14%
Free Cash Flow Margin	6.11%	-16.49%	24.12%	-2.64%	-26.12%	28.05%
Effective Tax Rate	27.31%	29.27%	28.68%	24.58%	24.46%	1.91%

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