Nexen Corporation (KRX: 005720)

Nexen 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	3,148,656	3,032,758	3,001,035	2,400,289	1,966,118	2,288,166
Other Revenue	3,185	3,304	2,915	3,593	2,419	3,175
Revenue	3,151,842	3,036,062	3,003,950	2,403,881	1,968,536	2,291,342
Revenue Growth (YoY)	1.03%	1.07%	24.96%	22.12%	-14.09%	68.48%
Cost of Revenue	2,245,155	2,218,969	2,500,923	1,896,966	1,473,117	1,623,578
Gross Profit	906,686	817,093	503,027	506,915	495,420	667,764
Selling, General & Admin	568,716	540,628	478,353	422,662	386,359	401,018
Other Operating Expenses	17,917	16,712	15,752	14,535	13,321	13,909
Operating Expenses	630,998	596,235	525,724	473,330	433,088	442,644
Operating Income	275,689	220,858	-22,698	33,585	62,332	225,120
Interest Expense	-85,548	-62,291	-29,336	-19,936	-19,185	-22,059
Interest & Investment Income	16,043	15,875	11,029	8,277	6,882	8,407
Earnings From Equity Investments	-	-	-	46.78	-	-
Currency Exchange Gain (Loss)	35,847	5,478	18,024	26,767	-32,766	12,213
Other Non Operating Income (Expenses)	6,834	4,510	-373.54	-2,599	2,657	-4,856
EBT Excluding Unusual Items	248,865	184,429	-23,353	46,142	19,920	218,826
Gain (Loss) on Sale of Investments	14,558	6,086	25,652	9,238	1,392	1,190
Gain (Loss) on Sale of Assets	1,915	368.86	-1,199	-5,385	-748.39	-2,451
Asset Writedown	-9,973	-9,970	-4,214	-2,351	-10,783	-11,467
Pretax Income	255,364	180,914	-3,114	47,644	9,781	206,097
Income Tax Expense	82,661	80,465	-4,891	18,222	9,012	76,086
Earnings From Continuing Operations	172,704	100,449	1,777	29,422	769.3	130,011
Minority Interest in Earnings	-85,120	-58,813	15,692	-580.88	10,115	-70,769
Net Income	87,583	41,636	17,469	28,841	10,884	59,242
Preferred Dividends & Other Adjustments	6,243	2,708	-	-	-	-
Net Income to Common	81,341	38,928	17,469	28,841	10,884	59,242
Net Income Growth	309.87%	138.34%	-39.43%	164.99%	-81.63%	-4.75%
Shares Outstanding (Basic)	49	50	55	55	56	56
Shares Outstanding (Diluted)	49	50	55	55	56	56
Shares Change (YoY)	-9.14%	-9.24%	-0.43%	-1.38%	-0.01%	-0.46%
EPS (Basic)	1643.85	778.32	317.00	521.12	193.95	1055.60
EPS (Diluted)	1643.85	778.32	317.00	521.12	193.95	1055.60
EPS Growth	318.93%	145.53%	-39.17%	168.69%	-81.63%	-4.31%
Free Cash Flow	105,959	-40,666	-314,176	101,614	96,187	73,816
Free Cash Flow Per Share	2141.38	-813.07	-5701.21	1836.05	1714.04	1315.27
Dividend Per Share	125.000	125.000	-	100.000	85.000	80.000
Dividend Growth	-	-	-	17.65%	6.25%	6.67%
Gross Margin	28.77%	26.91%	16.75%	21.09%	25.17%	29.14%
Operating Margin	8.75%	7.27%	-0.76%	1.40%	3.17%	9.82%
Profit Margin	2.58%	1.28%	0.58%	1.20%	0.55%	2.59%
Free Cash Flow Margin	3.36%	-1.34%	-10.46%	4.23%	4.89%	3.22%
EBITDA	501,027	429,706	184,757	238,065	267,702	403,521
EBITDA Margin	15.90%	14.15%	6.15%	9.90%	13.60%	17.61%
D&A For EBITDA	225,339	208,849	207,455	204,480	205,370	178,400
EBIT	275,689	220,858	-22,698	33,585	62,332	225,120
EBIT Margin	8.75%	7.27%	-0.76%	1.40%	3.17%	9.82%
Effective Tax Rate	32.37%	44.48%	-	38.25%	92.13%	36.92%
Advertising Expenses	-	63,325	53,770	56,316	47,133	48,918

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