Namhae Chemical Corporation (KRX:025860)

Namhae Chemical 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	1,542,282	1,519,109	1,588,078	2,169,566	1,451,884	1,009,845
Other Revenue	-	-	-	-	-0	-
Revenue	1,542,282	1,519,109	1,588,078	2,169,566	1,451,884	1,009,845
Revenue Growth (YoY)	1.85%	-4.34%	-26.80%	49.43%	43.77%	-10.03%
Cost of Revenue	1,405,479	1,381,026	1,481,778	1,995,401	1,331,020	893,126
Gross Profit	136,803	138,084	106,300	174,165	120,864	116,719
Selling, General & Admin	94,702	96,515	90,556	108,884	97,600	87,755
Research & Development	1,276	1,369	1,102	-	-	-
Operating Expenses	99,962	101,875	95,199	111,575	100,381	90,337
Operating Income	36,842	36,208	11,101	62,590	20,483	26,382
Interest Expense	-7,966	-9,459	-11,640	-9,170	-567.61	-928.2
Interest & Investment Income	4,024	4,369	6,495	4,496	934.07	1,615
Earnings From Equity Investments	587.94	746.76	357.89	-724.37	17.98	6.76
Currency Exchange Gain (Loss)	-4,308	-7,656	-6,256	6,425	-647.95	1,535
Other Non Operating Income (Expenses)	17.3	4,317	9,533	8,598	4,599	3,702
EBT Excluding Unusual Items	29,197	28,525	9,591	72,215	24,819	32,312
Gain (Loss) on Sale of Assets	-1,182	-1,184	233.87	248.21	-0.92	117.9
Asset Writedown	-	-	-	-7,254	-361.24	-
Pretax Income	28,015	27,341	9,825	65,210	24,457	32,430
Income Tax Expense	6,635	5,820	-853.27	18,100	2,791	7,386
Earnings From Continuing Operations	21,379	21,522	10,678	47,109	21,666	25,044
Minority Interest in Earnings	3,376	3,633	1,288	150.58	-1.82	-
Net Income	24,756	25,155	11,966	47,260	21,664	25,044
Net Income to Common	24,756	25,155	11,966	47,260	21,664	25,044
Net Income Growth	-0.20%	110.21%	-74.68%	118.15%	-13.50%	-6.73%
Shares Outstanding (Basic)	48	48	48	48	48	48
Shares Outstanding (Diluted)	48	48	48	48	48	48
Shares Change (YoY)	-0.04%	-	-	-	-	-
EPS (Basic)	516.40	524.62	249.56	985.64	451.82	522.32
EPS (Diluted)	516.40	524.62	249.56	985.64	451.82	522.32
EPS Growth	-0.16%	110.21%	-74.68%	118.15%	-13.50%	-6.73%
Free Cash Flow	57,803	71,521	24,878	-151,005	-134,938	37,359
Free Cash Flow Per Share	1205.77	1491.62	518.85	-3149.31	-2814.21	779.15
Dividend Per Share	80.000	80.000	-	-	-	80.000
Gross Margin	8.87%	9.09%	6.69%	8.03%	8.33%	11.56%
Operating Margin	2.39%	2.38%	0.70%	2.89%	1.41%	2.61%
Profit Margin	1.60%	1.66%	0.75%	2.18%	1.49%	2.48%
Free Cash Flow Margin	3.75%	4.71%	1.57%	-6.96%	-9.29%	3.70%
EBITDA	63,506	61,954	31,891	79,136	36,300	42,699
EBITDA Margin	4.12%	4.08%	2.01%	3.65%	2.50%	4.23%
D&A For EBITDA	26,664	25,746	20,790	16,546	15,817	16,317
EBIT	36,842	36,208	11,101	62,590	20,483	26,382
EBIT Margin	2.39%	2.38%	0.70%	2.89%	1.41%	2.61%
Effective Tax Rate	23.69%	21.29%	-	27.76%	11.41%	22.78%
Advertising Expenses	-	2,905	2,137	621.51	561.19	427.64

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