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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,896,292	1,684,815	1,473,143	1,352,008	1,252,791	1,139,008
Other Revenue	-	-0	-0	-0	-0	-
Revenue	1,896,292	1,684,815	1,473,143	1,352,008	1,252,791	1,139,008
Revenue Growth (YoY)	23.78%	14.37%	8.96%	7.92%	9.99%	-3.55%
Cost of Revenue	1,563,069	1,422,185	1,266,057	1,141,846	1,067,466	943,768
Gross Profit	333,223	262,630	207,086	210,162	185,325	195,240
Selling, General & Admin	126,458	116,305	109,336	98,079	88,046	80,660
Research & Development	9,792	8,327	7,438	4,790	4,596	4,693
Other Operating Expenses	1,201	1,180	1,666	1,557	940.1	743.54
Operating Expenses	144,534	132,715	125,995	108,652	98,976	89,561
Operating Income	188,689	129,916	81,090	101,510	86,349	105,678
Interest Expense	-10,710	-9,119	-6,847	-3,665	-5,864	-4,001
Interest & Investment Income	16,489	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)	6,334	-3,069	-986.39	2,302	-7,260	146.11
Other Non Operating Income (Expenses)	-4,797	-2,205	-348.25	2,418	12,233	1,636
EBT Excluding Unusual Items	195,380	128,786	78,546	105,893	90,386	108,699
Gain (Loss) on Sale of Investments	14,220	14,642	-6,087	14,029	-4,734	4,041
Gain (Loss) on Sale of Assets	-527.27	-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	206,969	140,517	70,432	118,648	88,299	112,766
Income Tax Expense	33,743	22,118	27,754	33,416	21,581	34,340
Earnings From Continuing Operations	173,226	118,399	42,678	85,233	66,718	78,426
Minority Interest in Earnings	-2,751	-1,522	151.87	-919.62	-456.02	-70.42
Net Income	170,475	116,877	42,830	84,313	66,262	78,356
Net Income to Common	170,475	116,877	42,830	84,313	66,262	78,356
Net Income Growth	190.79%	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)	-0.80%	-1.09%	-0.80%	-0.58%	-1.92%	-
EPS (Basic)	12991.70	8887.83	3221.56	6291.05	4915.61	5700.96
EPS (Diluted)	12991.70	8887.83	3221.56	6291.05	4915.61	5700.96
EPS Growth	193.13%	175.89%	-48.79%	27.98%	-13.78%	-18.85%
Free Cash Flow	136,499	127,021	-79,053	-98,380	160,733	24,767
Free Cash Flow Per Share	10402.41	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	17.57%	15.59%	14.06%	15.54%	14.79%	17.14%
Operating Margin	9.95%	7.71%	5.50%	7.51%	6.89%	9.28%
Profit Margin	8.99%	6.94%	2.91%	6.24%	5.29%	6.88%
Free Cash Flow Margin	7.20%	7.54%	-5.37%	-7.28%	12.83%	2.17%
EBITDA	241,938	183,849	131,246	143,658	131,378	149,116
EBITDA Margin	12.76%	10.91%	8.91%	10.63%	10.49%	13.09%
D&A For EBITDA	53,249	53,934	50,155	42,148	45,029	43,437
EBIT	188,689	129,916	81,090	101,510	86,349	105,678
EBIT Margin	9.95%	7.71%	5.50%	7.51%	6.89%	9.28%
Effective Tax Rate	16.30%	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.