Korea Gas Corporation (KRX: 036460)

Korea Gas 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
Other Revenue	-	-	-	-0	-	-
Revenue	39,018,942	44,555,995	51,724,287	27,520,756	20,833,722	24,982,640
Revenue Growth (YoY)	-25.11%	-13.86%	87.95%	32.10%	-16.61%	-4.59%
Cost of Revenue	36,281,080	42,603,002	48,830,377	25,860,432	19,516,045	23,228,706
Gross Profit	2,737,862	1,952,993	2,893,910	1,660,324	1,317,677	1,753,933
Selling, General & Admin	207,613	238,089	242,929	226,771	226,314	212,239
Research & Development	45,199	42,536	63,796	71,808	78,453	91,289
Other Operating Expenses	101,541	93,480	101,677	100,582	94,918	96,178
Operating Expenses	375,520	394,715	483,689	420,625	428,275	419,419
Operating Income	2,362,341	1,558,278	2,410,221	1,239,699	889,402	1,334,514
Interest Expense	-1,583,672	-1,676,235	-964,918	-641,960	-712,405	-804,642
Interest & Investment Income	103,877	114,781	71,259	23,544	21,690	32,598
Earnings From Equity Investments	139,742	104,681	353,965	180,335	34,102	104,667
Currency Exchange Gain (Loss)	-116,761	-354,506	221,134	-96,220	81,368	35,337
Other Non Operating Income (Expenses)	134,149	184,785	72,891	134,316	-109,081	-31,248
EBT Excluding Unusual Items	1,039,676	-68,216	2,164,553	839,714	205,076	671,226
Gain (Loss) on Sale of Investments	-997	-177	-303	700	244	-828
Gain (Loss) on Sale of Assets	-6,949	-6,954	-5,057	-4,271	-12,505	-20,365
Asset Writedown	-799,957	-799,957	-216,902	531,191	-461,713	-533,657
Other Unusual Items	13,430	13,430	2,957	-	-	-
Pretax Income	245,203	-861,874	1,945,248	1,367,334	-268,898	116,376
Income Tax Expense	87,031	-114,445	448,240	402,812	-108,215	58,107
Earnings From Continuing Operations	158,173	-747,429	1,497,008	964,522	-160,683	58,269
Net Income to Company	158,173	-747,429	1,497,008	964,522	-160,683	58,269
Minority Interest in Earnings	-3,783	-13,782	-3,905	-13,765	-11,377	-19,505
Net Income	154,390	-761,211	1,493,103	950,757	-172,060	38,764
Preferred Dividends & Other Adjustments	6,851	6,851	6,851	-	-	4,166
Net Income to Common	147,539	-768,062	1,486,252	950,757	-172,060	34,598
Net Income Growth	-80.52%	-	57.04%	-	-	-92.39%
Shares Outstanding (Basic)	90	86	86	86	86	88
Shares Outstanding (Diluted)	94	86	92	87	86	88
Shares Change (YoY)	11.72%	-7.03%	6.54%	0.19%	-1.32%	-5.07%
EPS (Basic)	1644.31	-8948.96	17316.84	11077.60	-1989.50	394.79
EPS (Diluted)	1566.10	-8949.00	16174.35	10973.00	-1989.50	394.79
EPS Growth	-83.34%	-	47.40%	-	-	-92.84%
Free Cash Flow	3,336,768	4,554,461	-15,759,426	-3,226,781	2,338,965	762,684
Free Cash Flow Per Share	35420.06	53065.63	-170717.30	-37241.67	27044.95	8702.74
Dividend Per Share	-	-	-	2728.000	-	380.000
Dividend Growth	-	-	-	-	-	-72.06%
Gross Margin	7.02%	4.38%	5.59%	6.03%	6.32%	7.02%
Operating Margin	6.05%	3.50%	4.66%	4.50%	4.27%	5.34%
Profit Margin	0.38%	-1.72%	2.87%	3.45%	-0.83%	0.14%
Free Cash Flow Margin	8.55%	10.22%	-30.47%	-11.72%	11.23%	3.05%
EBITDA	4,316,489	3,445,396	4,161,579	2,962,029	2,526,117	3,069,772
EBITDA Margin	11.06%	7.73%	8.05%	10.76%	12.13%	12.29%
D&A For EBITDA	1,954,148	1,887,118	1,751,358	1,722,329	1,636,715	1,735,257
EBIT	2,362,341	1,558,278	2,410,221	1,239,699	889,402	1,334,514
EBIT Margin	6.05%	3.50%	4.66%	4.50%	4.27%	5.34%
Effective Tax Rate	35.49%	-	23.04%	29.46%	-	49.93%
Advertising Expenses	-	19,669	18,595	14,958	9,857	8,583

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