LS ELECTRIC Co., Ltd. (KRX:010120)

LS ELECTRIC Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,545,282	4,551,837	4,230,483	3,377,070	2,668,265	2,402,673
Other Revenue	-0	-0	-	-	-	-
Revenue	4,545,282	4,551,837	4,230,483	3,377,070	2,668,265	2,402,673
Revenue Growth (YoY)	5.87%	7.60%	25.27%	26.56%	11.05%	2.38%
Cost of Revenue	3,625,704	3,644,246	3,457,049	2,780,214	2,181,178	1,968,533
Gross Profit	919,579	907,591	773,434	596,856	487,087	434,140
Selling, General & Admin	385,200	374,693	327,061	294,741	238,574	264,380
Research & Development	86,526	85,789	76,963	73,085	65,750	-
Other Operating Expenses	8,543	7,353	5,713	6,337	5,985	-
Operating Expenses	537,442	519,099	466,139	409,271	331,713	302,296
Operating Income	382,137	388,492	307,295	187,585	155,374	131,844
Interest Expense	-47,711	-43,766	-42,096	-20,415	-14,881	-14,742
Interest & Investment Income	29,608	28,610	23,630	15,460	9,795	9,232
Earnings From Equity Investments	1,947	1,928	-169.01	-1,835	13.81	38.65
Currency Exchange Gain (Loss)	47,066	63,571	10,554	11,330	27,618	-18,805
Other Non Operating Income (Expenses)	-85,611	-99,488	-27,572	-40,300	-30,062	22,034
EBT Excluding Unusual Items	327,436	339,347	271,641	151,825	147,857	129,601
Gain (Loss) on Sale of Investments	-3,951	-867	-3,285	-15,356	-29,385	1,197
Gain (Loss) on Sale of Assets	-359	-357	-1,509	-13	-3,977	-449
Asset Writedown	-4,756	-4,756	-2,751	-9,489	-3,746	-2,504
Pretax Income	318,370	333,367	264,096	126,967	110,750	127,845
Income Tax Expense	88,516	91,150	56,120	34,990	25,898	42,704
Earnings From Continuing Operations	229,855	242,217	207,976	91,977	84,852	85,141
Earnings From Discontinued Operations	21.12	21.12	-303.72	-767.19	458.64	344.14
Net Income to Company	229,876	242,238	207,673	91,210	85,310	85,486
Minority Interest in Earnings	311.38	-3,522	-1,711	-906.57	-574.03	-308.81
Net Income	230,187	238,716	205,962	90,303	84,736	85,177
Net Income to Common	230,187	238,716	205,962	90,303	84,736	85,177
Net Income Growth	-1.57%	15.90%	128.08%	6.57%	-0.52%	-18.00%
Shares Outstanding (Basic)	30	30	29	29	29	29
Shares Outstanding (Diluted)	30	30	29	29	29	29
Shares Change (YoY)	0.72%	0.46%	0.23%	0.08%	-	-
EPS (Basic)	7767.78	8077.89	7012.46	3076.94	2889.56	2904.58
EPS (Diluted)	7767.78	8077.89	7001.67	3076.94	2889.56	2904.58
EPS Growth	-2.28%	15.37%	127.55%	6.49%	-0.52%	-18.00%
Free Cash Flow	-5,906	81,410	101,755	-260,324	45,709	214,707
Free Cash Flow Per Share	-199.31	2754.84	3459.15	-8870.11	1558.69	7321.65
Dividend Per Share	2900.000	2900.000	2800.000	1100.000	1000.000	1100.000
Dividend Growth	3.57%	3.57%	154.54%	10.00%	-9.09%	-8.33%
Gross Margin	20.23%	19.94%	18.28%	17.67%	18.25%	18.07%
Operating Margin	8.41%	8.54%	7.26%	5.56%	5.82%	5.49%
Profit Margin	5.06%	5.24%	4.87%	2.67%	3.18%	3.55%
Free Cash Flow Margin	-0.13%	1.79%	2.40%	-7.71%	1.71%	8.94%
EBITDA	500,314	502,261	409,382	289,765	256,830	228,576
EBITDA Margin	11.01%	11.03%	9.68%	8.58%	9.63%	9.51%
D&A For EBITDA	118,177	113,769	102,087	102,180	101,456	96,733
EBIT	382,137	388,492	307,295	187,585	155,374	131,844
EBIT Margin	8.41%	8.54%	7.26%	5.56%	5.82%	5.49%
Effective Tax Rate	27.80%	27.34%	21.25%	27.56%	23.38%	33.40%
Advertising Expenses	-	17,074	11,515	9,796	7,693	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.