Michang Oil Ind. Co., Ltd. (KRX:003650)
South Korea flag South Korea · Delayed Price · Currency is KRW
149,000
+1,800 (1.22%)
At close: Aug 7, 2026

Michang Oil Ind. Financials Overview

Millions KRW. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2023FY 2022FY 2021FY 2020FY 2019
Period EndingJun '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Revenue
416,249409,235418,790406,293277,578323,728
Revenue Growth
-2.23%-2.28%3.08%46.37%-14.26%2.35%
Gross Profit
59,42061,68757,74049,72431,53629,998
Operating Income
45,61647,99044,00535,21818,71917,480
Net Income
63,25347,64623,38333,13919,67917,726
Earnings Per Share
41807.1831491.6015455.0921902.9012961.5511365.56
EPS Growth
43.45%103.76%-29.44%68.98%14.04%72.39%

Revenue by Geography

Fiscal YearTTMFY 2023FY 2022FY 2021FY 2020FY 2019
Period EndingJun '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
South Korea
183,937176,199168,701145,645106,721112,731
Overseas (Japan, Etc.)
232,312233,036250,089260,648170,858210,997
Total
416,249409,235418,790406,293277,578323,728

Cash & Debt

Fiscal YearCurrentFY 2023FY 2022FY 2021FY 2020FY 2019
Period EndingJun '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Cash & Investments
225,954141,029109,937117,166106,18576,212
Total Debt
53,08213,4823,4442,4712,2512,176
Net Cash (Debt)
172,872127,547106,493114,695103,93474,036
Net Cash Growth
75.14%19.77%-7.15%10.35%40.38%-19.24%
Net Cash Per Share
114259.2684301.7970386.4475807.0968455.9547470.69

Cash Flow & CapEx

Fiscal YearTTMFY 2023FY 2022FY 2021FY 2020FY 2019
Period EndingJun '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Operating Cash Flow
46,48254,09715,31715,23638,1646,475
Capital Expenditures
-2,126-835.93-1,124-1,656-4,149-8,522
Free Cash Flow
44,35653,26114,19313,58034,015-2,047
Free Cash Flow Growth
62.62%275.26%4.52%-60.08%--

Margins

Fiscal YearTTMFY 2023FY 2022FY 2021FY 2020FY 2019
Period EndingJun '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Gross Margin
14.27%15.07%13.79%12.24%11.36%9.27%
Operating Margin
10.96%11.73%10.51%8.67%6.74%5.40%
Pretax Margin
19.12%14.82%7.58%10.93%8.44%7.53%
Profit Margin
15.20%11.64%5.58%8.16%7.09%5.48%
FCF Margin
10.66%13.01%3.39%3.34%12.25%-0.63%

Dividends

Fiscal YearCurrentFY 2023FY 2022FY 2021FY 2020FY 2019
Period EndingAug '26 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
Dividend Per Share
3000.0002800.0002500.0002500.0002100.0002000.000
Dividend Per Share Growth
16.67%12.00%0%19.05%5.00%25.00%
Dividend Yield
2.01%4.16%3.79%3.62%3.86%3.08%

Valuation

Fiscal YearCurrentFY 2023FY 2022FY 2021FY 2020FY 2019
Period EndingAug '26 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19
PE Ratio
3.562.284.723.614.947.57
P/FCF Ratio
5.082.047.778.802.86-
PS Ratio
0.540.270.260.290.350.41