Myoung Shin Industrial Co.,Ltd (KRX: 009900)

Myoung Shin Industrial Co.,Ltd 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	1,624,961	1,738,905	1,515,242	1,107,708	809,028	775,740
Other Revenue	-	-	-0	-	-	-
Revenue	1,624,961	1,738,905	1,515,242	1,107,708	809,028	775,740
Revenue Growth (YoY)	-7.86%	14.76%	36.79%	36.92%	4.29%	125.38%
Cost of Revenue	1,383,372	1,453,930	1,313,928	1,005,322	707,124	675,348
Gross Profit	241,588	284,975	201,314	102,386	101,904	100,392
Selling, General & Admin	70,424	74,693	72,296	43,317	35,262	39,808
Other Operating Expenses	1,670	2,574	1,651	957.69	220.1	189.53
Operating Expenses	73,911	78,429	74,461	45,881	35,977	41,145
Operating Income	167,678	206,546	126,854	56,505	65,927	59,247
Interest Expense	-16,052	-14,791	-11,140	-9,971	-33,065	-10,794
Interest & Investment Income	6,587	3,706	1,440	1,345	1,404	1,281
Currency Exchange Gain (Loss)	-2,108	-824.27	3,391	8,440	-7,308	738.64
Other Non Operating Income (Expenses)	2,740	6,825	2,547	3,506	-99,604	-2,387
EBT Excluding Unusual Items	158,846	201,462	123,092	59,825	-72,646	48,085
Gain (Loss) on Sale of Investments	-53.22	-23.94	63.68	56.67	-544.95	266.23
Gain (Loss) on Sale of Assets	-1,320	-1,065	-75.27	-1,690	254.38	107.92
Pretax Income	157,472	200,372	123,080	58,191	-72,937	48,459
Income Tax Expense	39,053	47,721	37,368	12,855	15,850	14,616
Earnings From Continuing Operations	118,420	152,652	85,712	45,336	-88,786	33,843
Net Income	118,420	152,652	85,712	45,336	-88,786	33,843
Net Income to Common	118,420	152,652	85,712	45,336	-88,786	33,843
Net Income Growth	-13.65%	78.10%	89.06%	-	-	883.48%
Shares Outstanding (Basic)	52	52	52	47	33	24
Shares Outstanding (Diluted)	52	52	52	47	33	45
Shares Change (YoY)	-0.03%	-	10.60%	42.68%	-26.91%	135.11%
EPS (Basic)	2257.17	2909.30	1633.53	955.63	-2670.21	1419.35
EPS (Diluted)	2256.86	2909.00	1633.00	955.63	-2670.21	841.19
EPS Growth	-13.63%	78.14%	70.88%	-	-	919.78%
Free Cash Flow	84,853	188,804	24,285	-55,154	1,709	41,453
Free Cash Flow Per Share	1617.36	3598.31	462.83	-1162.56	51.39	911.16
Dividend Per Share	100.000	100.000	-	-	-	-
Gross Margin	14.87%	16.39%	13.29%	9.24%	12.60%	12.94%
Operating Margin	10.32%	11.88%	8.37%	5.10%	8.15%	7.64%
Profit Margin	7.29%	8.78%	5.66%	4.09%	-10.97%	4.36%
Free Cash Flow Margin	5.22%	10.86%	1.60%	-4.98%	0.21%	5.34%
EBITDA	215,521	250,309	165,537	81,090	87,199	81,410
EBITDA Margin	13.26%	14.39%	10.92%	7.32%	10.78%	10.49%
D&A For EBITDA	47,843	43,763	38,683	24,585	21,272	22,163
EBIT	167,678	206,546	126,854	56,505	65,927	59,247
EBIT Margin	10.32%	11.88%	8.37%	5.10%	8.15%	7.64%
Effective Tax Rate	24.80%	23.82%	30.36%	22.09%	-	30.16%
Advertising Expenses	-	16.97	17.1	16	24.5	12.5

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