LOTTE Fine Chemical Co., Ltd. (KRX: 004000)

LOTTE Fine Chemical 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	1,633,982	1,768,621	2,463,759	1,780,293	1,263,636	1,311,271
Revenue	1,633,982	1,768,621	2,463,759	1,780,293	1,263,636	1,311,271
Revenue Growth (YoY)	-21.49%	-28.21%	38.39%	40.89%	-3.63%	-4.41%
Cost of Revenue	1,434,026	1,485,694	1,938,383	1,431,104	1,029,574	1,027,793
Gross Profit	199,957	282,927	525,376	349,189	234,062	283,479
Selling, General & Admin	97,028	99,554	97,156	82,401	72,911	73,567
Research & Development	19,400	17,194	14,616	13,182	12,027	11,375
Operating Expenses	128,435	128,149	121,065	104,603	94,829	92,258
Operating Income	71,522	154,778	404,311	244,586	139,233	191,221
Interest Expense	-3,483	-837.24	-571.38	-359.35	-987.8	-2,104
Interest & Investment Income	52,949	56,859	13,039	1,357	5,518	7,437
Earnings From Equity Investments	26,277	45,372	209,357	231,947	75,933	31,390
Currency Exchange Gain (Loss)	3,051	909.39	175.94	-2,201	-114.93	319.01
Other Non Operating Income (Expenses)	5,112	3,498	88,864	-65,074	-7,174	4,624
EBT Excluding Unusual Items	155,429	260,580	715,175	410,255	212,406	232,888
Gain (Loss) on Sale of Investments	-11,988	-41,904	-553,160	342,140	56,797	-
Gain (Loss) on Sale of Assets	35,394	34,129	-1,564	-2,050	-802.56	-2,140
Asset Writedown	-36.35	-36.35	-371.49	-3,493	-8,884	-5,874
Pretax Income	178,799	252,768	160,080	746,852	259,517	224,874
Income Tax Expense	55,287	70,737	13,921	161,394	60,725	56,502
Earnings From Continuing Operations	123,511	182,032	146,159	585,458	198,792	168,372
Net Income	123,511	182,032	146,159	585,458	198,792	168,372
Net Income to Common	123,511	182,032	146,159	585,458	198,792	168,372
Net Income Growth	-54.69%	24.54%	-75.04%	194.51%	18.07%	-21.66%
Shares Outstanding (Basic)	25	25	25	25	25	25
Shares Outstanding (Diluted)	25	25	25	25	25	25
Shares Change (YoY)	0.00%	-	-	-	-	-
EPS (Basic)	4849.19	7146.90	5738.48	22986.20	7804.94	6610.59
EPS (Diluted)	4849.14	7146.90	5738.48	22986.20	7804.94	6610.59
EPS Growth	-54.69%	24.54%	-75.04%	194.51%	18.07%	-21.66%
Free Cash Flow	36,764	124,154	493,456	196,695	75,729	186,132
Free Cash Flow Per Share	1443.39	4874.52	19374.01	7722.60	2973.27	7307.91
Dividend Per Share	2000.000	2000.000	-	-	-	-
Gross Margin	12.24%	16.00%	21.32%	19.61%	18.52%	21.62%
Operating Margin	4.38%	8.75%	16.41%	13.74%	11.02%	14.58%
Profit Margin	7.56%	10.29%	5.93%	32.89%	15.73%	12.84%
Free Cash Flow Margin	2.25%	7.02%	20.03%	11.05%	5.99%	14.19%
EBITDA	219,599	293,341	527,954	365,423	245,816	283,449
EBITDA Margin	13.44%	16.59%	21.43%	20.53%	19.45%	21.62%
D&A For EBITDA	148,077	138,562	123,643	120,837	106,583	92,228
EBIT	71,522	154,778	404,311	244,586	139,233	191,221
EBIT Margin	4.38%	8.75%	16.41%	13.74%	11.02%	14.58%
Effective Tax Rate	30.92%	27.98%	8.70%	21.61%	23.40%	25.13%
Advertising Expenses	-	4,417	4,160	3,491	3,605	2,660

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