NH Investment & Securities Co., Ltd. (KRX: 005940)

NH Investment & Securities 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
Interest and Dividend Income	1,770,065	1,674,638	1,297,505	1,062,886	1,045,357	1,128,818
Total Interest Expense	891,039	820,967	557,608	229,527	285,658	414,222
Net Interest Income	879,026	853,671	739,897	833,359	759,699	714,596
Brokerage Commission	945,004	907,463	884,664	1,219,912	994,234	593,650
Asset Management Fee	24,559	21,003	22,400	27,424	19,411	15,392
Underwriting & Investment Banking Fee	67,638	58,114	75,555	112,994	128,728	111,686
Gain on Sale of Investments (Rev)	2,177,095	2,119,153	1,126,995	1,679,358	1,967,512	1,566,957
Other Revenue	4,896,192	5,512,668	7,761,078	6,015,993	7,852,799	7,811,821
Revenue Before Loan Losses	8,989,514	9,472,072	10,610,589	9,889,040	11,722,383	10,814,102
Provision for Loan Losses	104,617	117,322	37,016	830	141,794	67,158
Revenue	8,884,897	9,354,750	10,573,573	9,888,210	11,580,589	10,746,944
Revenue Growth (YoY)	23.53%	-11.53%	6.93%	-14.61%	7.76%	23.42%
Salaries & Employee Benefits	694,168	607,181	524,543	705,044	628,092	571,638
Cost of Services Provided	461,852	471,985	464,365	473,265	348,295	355,847
Other Operating Expenses	4,573,309	4,859,334	6,373,162	4,864,222	6,676,470	6,498,227
Total Operating Expenses	5,811,019	6,013,536	7,426,707	6,098,208	7,699,342	7,466,878
Operating Income	3,073,878	3,341,214	3,146,866	3,790,002	3,881,247	3,280,066
Currency Exchange Gains	14,143	78,180	59,156	178,616	-132,584	-19,737
Other Non-Operating Income (Expenses)	-1,295,278	-1,712,605	-661,002	-1,133,124	-1,478,520	-1,963,511
EBT Excluding Unusual Items	1,842,192	1,740,650	2,521,299	2,876,710	2,302,545	1,297,822
Asset Writedown	-	-	631	-89	-	-126
Gain (Loss) on Sale of Investments	-946,888	-1,018,147	-2,080,011	-1,575,067	-1,511,591	-749,747
Pretax Income	893,602	720,729	440,215	1,302,063	789,115	633,217
Income Tax Expense	231,398	167,681	137,287	370,599	212,237	156,839
Earnings From Continuing Ops.	662,204	553,048	302,928	931,464	576,878	476,378
Net Income to Company	662,204	553,048	302,928	931,464	576,878	476,378
Minority Interest in Earnings	3,291	3,392	490	62	93	-861
Net Income	665,495	556,440	303,418	931,526	576,971	475,517
Preferred Dividends & Other Adjustments	944	944	-	-	-	-
Net Income to Common	664,551	555,496	303,418	931,526	576,971	475,517
Net Income Growth	23.96%	83.39%	-67.43%	61.45%	21.34%	31.77%
Shares Outstanding (Basic)	349	350	343	303	300	299
Shares Outstanding (Diluted)	349	350	343	303	300	299
Shares Change (YoY)	-0.24%	1.91%	13.30%	1.14%	0.05%	0.04%
EPS (Basic)	1906.36	1587.83	883.83	3074.23	1925.87	1588.08
EPS (Diluted)	1906.36	1587.83	883.83	3074.23	1925.87	1588.08
EPS Growth	24.09%	79.65%	-71.25%	59.63%	21.27%	31.72%
Free Cash Flow	-4,054,047	-1,195,259	6,572,120	3,403,925	-4,686,290	49,438
Free Cash Flow Per Share	-11629.63	-3416.52	19144.10	11233.68	-15642.37	165.11
Dividend Per Share	800.000	800.000	700.000	1050.000	700.000	500.000
Dividend Growth	14.29%	14.29%	-33.33%	50.00%	40.00%	0%
Operating Margin	34.60%	35.72%	29.76%	38.33%	33.52%	30.52%
Profit Margin	7.48%	5.94%	2.87%	9.42%	4.98%	4.42%
Free Cash Flow Margin	-45.63%	-12.78%	62.16%	34.42%	-40.47%	0.46%
Effective Tax Rate	25.89%	23.27%	31.19%	28.46%	26.90%	24.77%

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