Daesung Holdings Co., Ltd. (KRX: 016710)

Daesung Holdings 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	1,210,283	1,211,606	1,241,909	926,765	879,525	912,630
Other Revenue	5,210	5,210	11,261	11,820	4,777	5,938
Revenue	1,215,493	1,216,817	1,253,170	938,585	884,303	918,568
Revenue Growth (YoY)	-5.97%	-2.90%	33.52%	6.14%	-3.73%	0.96%
Cost of Revenue	1,042,791	1,059,508	1,110,461	788,270	739,092	781,197
Gross Profit	172,702	157,309	142,709	150,315	145,211	137,370
Selling, General & Admin	132,700	134,312	123,721	116,606	107,455	102,959
Other Operating Expenses	1,318	1,325	1,143	1,467	1,403	1,724
Operating Expenses	149,937	150,735	136,444	130,142	121,472	113,923
Operating Income	22,765	6,574	6,265	20,173	23,739	23,448
Interest Expense	-8,955	-7,532	-4,953	-4,630	-6,076	-6,537
Interest & Investment Income	6,809	8,487	3,312	1,634	2,151	2,942
Earnings From Equity Investments	10,094	204,949	6,469	12,696	44,342	8,131
Currency Exchange Gain (Loss)	731.89	1,067	2.82	16.92	0	11.63
Other Non Operating Income (Expenses)	626.8	-2,703	4,997	254.32	-8,837	-2,394
EBT Excluding Unusual Items	32,072	210,843	16,092	30,144	55,319	25,601
Gain (Loss) on Sale of Investments	5,910	1,410	1,353	1,879	803.83	432.87
Gain (Loss) on Sale of Assets	5,277	3,962	984.32	1,181	1,290	-1,139
Asset Writedown	925.16	-	-4,507	-1,318	-0.91	-650.47
Pretax Income	44,185	216,214	13,922	31,886	57,412	24,244
Income Tax Expense	8,177	56,796	9,020	7,939	9,722	6,317
Earnings From Continuing Operations	36,008	159,419	4,902	23,948	47,690	17,927
Net Income to Company	36,008	159,419	4,902	23,948	47,690	17,927
Minority Interest in Earnings	-10,813	-5,630	-1,282	-7,212	-5,061	-4,465
Net Income	25,195	153,789	3,620	16,735	42,629	13,462
Net Income to Common	25,195	153,789	3,620	16,735	42,629	13,462
Net Income Growth	-82.74%	4148.34%	-78.37%	-60.74%	216.67%	-31.09%
Shares Outstanding (Basic)	16	16	16	16	16	16
Shares Outstanding (Diluted)	16	16	16	16	16	16
Shares Change (YoY)	-0.01%	-	-	-	-	-
EPS (Basic)	1565.97	9558.36	224.99	1040.13	2649.49	836.67
EPS (Diluted)	1565.00	9558.00	224.99	1040.00	2649.00	836.67
EPS Growth	-82.75%	4148.18%	-78.37%	-60.74%	216.61%	-31.08%
Free Cash Flow	5,336	-46,432	26,586	13,053	20,534	1,409
Free Cash Flow Per Share	331.65	-2885.86	1652.39	811.27	1276.24	87.57
Dividend Per Share	250.000	250.000	250.000	-	-	-
Gross Margin	14.21%	12.93%	11.39%	16.02%	16.42%	14.95%
Operating Margin	1.87%	0.54%	0.50%	2.15%	2.68%	2.55%
Profit Margin	2.07%	12.64%	0.29%	1.78%	4.82%	1.47%
Free Cash Flow Margin	0.44%	-3.82%	2.12%	1.39%	2.32%	0.15%
EBITDA	58,114	41,793	39,614	53,542	57,445	51,298
EBITDA Margin	4.78%	3.43%	3.16%	5.70%	6.50%	5.58%
D&A For EBITDA	35,349	35,219	33,349	33,369	33,706	27,850
EBIT	22,765	6,574	6,265	20,173	23,739	23,448
EBIT Margin	1.87%	0.54%	0.50%	2.15%	2.68%	2.55%
Effective Tax Rate	18.51%	26.27%	64.79%	24.90%	16.93%	26.06%
Advertising Expenses	-	542.31	720.05	781.15	696.12	964.23

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