S-Oil Corporation (KRX: 010950)

S-Oil 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
Revenue	37,549,863	35,726,694	42,446,028	27,463,918	16,829,681	24,394,173
Revenue Growth (YoY)	2.90%	-15.83%	54.55%	63.19%	-31.01%	-4.20%
Cost of Revenue	36,594,738	33,620,949	38,291,440	24,701,034	17,373,676	23,361,056
Gross Profit	955,125	2,105,745	4,154,588	2,762,884	-543,995	1,033,117
Selling, General & Admin	734,922	680,218	683,092	553,253	486,679	545,576
Other Operating Expenses	13,488	13,127	15,013	18,335	13,446	12,014
Operating Expenses	811,724	751,163	749,422	621,942	555,151	613,040
Operating Income	143,401	1,354,582	3,405,166	2,140,942	-1,099,146	420,077
Interest Expense	-236,876	-236,876	-151,149	-109,813	-158,080	-182,816
Interest & Investment Income	56,333	56,333	30,993	9,017	12,351	13,960
Earnings From Equity Investments	5,734	2,338	-171	1,787	3,706	2,947
Currency Exchange Gain (Loss)	-59,672	-59,672	-338,832	-321,293	131,794	-110,976
Other Non Operating Income (Expenses)	42,534	-21,036	-30,740	42,976	-58,486	-30,024
EBT Excluding Unusual Items	-48,546	1,095,669	2,915,267	1,763,616	-1,167,861	113,168
Gain (Loss) on Sale of Investments	24,398	24,398	-	-	-	-
Gain (Loss) on Sale of Assets	11,638	11,638	9,536	114,404	64	-2,817
Asset Writedown	-	-	-26,261	-	-	-
Pretax Income	-12,510	1,131,705	2,898,542	1,878,020	-1,167,797	110,351
Income Tax Expense	-111,705	182,857	794,155	499,479	-371,689	44,922
Net Income	99,195	948,848	2,104,387	1,378,541	-796,108	65,429
Preferred Dividends & Other Adjustments	31,371	31,371	-	-	-	-
Net Income to Common	67,824	917,477	2,104,387	1,378,541	-796,108	65,429
Net Income Growth	-90.25%	-54.91%	52.65%	-	-	-74.64%
Shares Outstanding (Basic)	116	116	116	116	116	116
Shares Outstanding (Diluted)	116	116	116	116	116	116
Shares Change (YoY)	-0.05%	-	-	-	-	-
EPS (Basic)	582.83	7880.71	18075.72	11841.04	-6838.20	562.01
EPS (Diluted)	582.83	7880.71	18075.72	11841.04	-6838.20	562.01
EPS Growth	-93.33%	-56.40%	52.65%	-	-	-74.64%
Free Cash Flow	-744,442	340,084	1,052,701	1,205,198	1,083,872	-147,897
Free Cash Flow Per Share	-6397.18	2921.17	9042.22	10352.10	9309.96	-1270.37
Dividend Per Share	1625.000	1700.000	5500.000	-	-	-
Dividend Growth	-71.49%	-69.09%	-	-	-	-
Gross Margin	2.54%	5.89%	9.79%	10.06%	-3.23%	4.24%
Operating Margin	0.38%	3.79%	8.02%	7.80%	-6.53%	1.72%
Profit Margin	0.18%	2.57%	4.96%	5.02%	-4.73%	0.27%
Free Cash Flow Margin	-1.98%	0.95%	2.48%	4.39%	6.44%	-0.61%
EBITDA	896,251	2,073,748	4,055,018	2,792,745	-467,884	1,032,526
EBITDA Margin	2.39%	5.80%	9.55%	10.17%	-2.78%	4.23%
D&A For EBITDA	752,850	719,166	649,852	651,803	631,262	612,449
EBIT	143,401	1,354,582	3,405,166	2,140,942	-1,099,146	420,077
EBIT Margin	0.38%	3.79%	8.02%	7.80%	-6.53%	1.72%
Effective Tax Rate	-	16.16%	27.40%	26.60%	-	40.71%
Advertising Expenses	-	30,571	27,132	21,671	18,102	27,985

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