Sebang Global Battery Co., Ltd. (KRX: 004490)

Sebang Global Battery 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
Operating Revenue	1,992,354	1,684,815	1,473,143	1,352,008	1,252,791	1,139,008
Other Revenue	-	-0	-0	-0	-0	-
Revenue	1,992,354	1,684,815	1,473,143	1,352,008	1,252,791	1,139,008
Revenue Growth (YoY)	25.60%	14.37%	8.96%	7.92%	9.99%	-3.55%
Cost of Revenue	1,648,206	1,422,185	1,266,057	1,141,846	1,067,466	943,768
Gross Profit	344,148	262,630	207,086	210,162	185,325	195,240
Selling, General & Admin	135,490	116,305	109,336	98,079	88,046	80,660
Research & Development	10,591	8,327	7,438	4,790	4,596	4,693
Other Operating Expenses	1,276	1,180	1,666	1,557	940.1	743.54
Operating Expenses	155,780	132,715	125,995	108,652	98,976	89,561
Operating Income	188,367	129,916	81,090	101,510	86,349	105,678
Interest Expense	-10,818	-9,119	-6,847	-3,665	-5,864	-4,001
Interest & Investment Income	18,057	13,263	5,637	3,508	3,115	2,705
Earnings From Equity Investments	-625.06	-	-	-179.26	1,814	2,534
Currency Exchange Gain (Loss)	-1,379	-3,069	-986.39	2,302	-7,260	146.11
Other Non Operating Income (Expenses)	-3,192	-2,205	-348.25	2,418	12,233	1,636
EBT Excluding Unusual Items	190,411	128,786	78,546	105,893	90,386	108,699
Gain (Loss) on Sale of Investments	19,006	14,642	-6,087	14,029	-4,734	4,041
Gain (Loss) on Sale of Assets	13,579	-909.45	-2.56	-791.48	3,904	-59.66
Asset Writedown	-2,104	-2,002	-2,025	-481.87	-1,257	86
Pretax Income	220,893	140,517	70,432	118,648	88,299	112,766
Income Tax Expense	43,443	22,118	27,754	33,416	21,581	34,340
Earnings From Continuing Operations	177,450	118,399	42,678	85,233	66,718	78,426
Minority Interest in Earnings	-2,762	-1,522	151.87	-919.62	-456.02	-70.42
Net Income	174,689	116,877	42,830	84,313	66,262	78,356
Net Income to Common	174,689	116,877	42,830	84,313	66,262	78,356
Net Income Growth	114.23%	172.88%	-49.20%	27.24%	-15.43%	-18.85%
Shares Outstanding (Basic)	13	13	13	13	13	14
Shares Outstanding (Diluted)	13	13	13	13	13	14
Shares Change (YoY)	-2.01%	-1.09%	-0.80%	-0.58%	-1.92%	-
EPS (Basic)	13516.70	8887.83	3221.56	6291.05	4915.61	5700.96
EPS (Diluted)	13516.70	8887.83	3221.56	6291.05	4915.61	5700.96
EPS Growth	118.62%	175.89%	-48.79%	27.98%	-13.78%	-18.85%
Free Cash Flow	80,443	127,021	-79,053	-98,380	160,733	24,767
Free Cash Flow Per Share	6224.34	9659.23	-5946.14	-7340.70	11923.95	1801.96
Dividend Per Share	700.000	700.000	600.000	600.000	500.000	500.000
Dividend Growth	16.67%	16.67%	0%	20.00%	0%	-
Gross Margin	17.27%	15.59%	14.06%	15.54%	14.79%	17.14%
Operating Margin	9.45%	7.71%	5.50%	7.51%	6.89%	9.28%
Profit Margin	8.77%	6.94%	2.91%	6.24%	5.29%	6.88%
Free Cash Flow Margin	4.04%	7.54%	-5.37%	-7.28%	12.83%	2.17%
EBITDA	241,324	183,849	131,246	143,658	131,378	149,116
EBITDA Margin	12.11%	10.91%	8.91%	10.63%	10.49%	13.09%
D&A For EBITDA	52,957	53,934	50,155	42,148	45,029	43,437
EBIT	188,367	129,916	81,090	101,510	86,349	105,678
EBIT Margin	9.45%	7.71%	5.50%	7.51%	6.89%	9.28%
Effective Tax Rate	19.67%	15.74%	39.40%	28.16%	24.44%	30.45%
Advertising Expenses	-	4,517	4,157	3,193	3,119	3,351

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