Dongwon F&B Co., Ltd. (KRX: 049770)

Dongwon F&B 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	4,421,463	4,360,844	4,023,578	3,490,623	3,170,259	3,030,258
Other Revenue	-0	-	-	-	-	-
Revenue	4,421,463	4,360,844	4,023,578	3,490,623	3,170,259	3,030,258
Revenue Growth (YoY)	1.95%	8.38%	15.27%	10.11%	4.62%	8.13%
Cost of Revenue	3,470,323	3,422,565	3,162,889	2,696,535	2,452,831	2,352,112
Gross Profit	951,141	938,280	860,689	794,089	717,428	678,145
Selling, General & Admin	729,908	732,163	697,415	632,331	573,665	551,546
Research & Development	2,012	1,620	1,364	1,551	1,362	1,268
Other Operating Expenses	8,205	6,635	6,112	4,606	5,227	5,255
Operating Expenses	772,619	771,565	731,989	663,703	601,122	576,740
Operating Income	178,521	166,714	128,700	130,386	116,307	101,405
Interest Expense	-26,970	-26,849	-17,595	-14,525	-15,194	-14,579
Interest & Investment Income	5,450	4,975	1,926	1,639	951.22	1,727
Earnings From Equity Investments	-	-	-	-	4,449	-
Currency Exchange Gain (Loss)	-922.87	-841.43	-2,986	-1,953	-265.58	-1,379
Other Non Operating Income (Expenses)	83.65	1,133	-44.96	-581.99	-2,417	-485.56
EBT Excluding Unusual Items	156,162	145,132	110,000	114,965	103,831	86,689
Impairment of Goodwill	-324.59	-324.59	-	-18,964	-	-
Gain (Loss) on Sale of Investments	713.72	989.06	8,239	-360.85	-304.89	-
Gain (Loss) on Sale of Assets	18,602	991.82	323.5	289.16	10.52	356.21
Asset Writedown	-1,077	-	-	-	-279.75	-
Pretax Income	174,077	146,788	118,562	95,929	103,256	87,045
Income Tax Expense	49,577	37,950	27,742	26,431	25,325	21,381
Earnings From Continuing Operations	124,499	108,838	90,821	69,498	77,931	65,664
Net Income	124,499	108,838	90,821	69,498	77,931	65,664
Net Income to Common	124,499	108,838	90,821	69,498	77,931	65,664
Net Income Growth	5.82%	19.84%	30.68%	-10.82%	18.68%	15.76%
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
Shares Change (YoY)	0.02%	-	-	-	-	-
EPS (Basic)	6451.57	5640.55	4706.80	3601.75	4038.81	3403.07
EPS (Diluted)	6451.57	5640.55	4706.80	3601.75	4038.81	3403.07
EPS Growth	5.80%	19.84%	30.68%	-10.82%	18.68%	15.76%
Free Cash Flow	-5,097	103,566	68,635	87,127	44,656	-43,776
Free Cash Flow Per Share	-264.11	5367.36	3557.01	4515.38	2314.29	-2268.70
Dividend Per Share	800.000	800.000	700.000	700.000	700.000	600.000
Dividend Growth	14.29%	14.29%	0%	0%	16.67%	0%
Gross Margin	21.51%	21.52%	21.39%	22.75%	22.63%	22.38%
Operating Margin	4.04%	3.82%	3.20%	3.74%	3.67%	3.35%
Profit Margin	2.82%	2.50%	2.26%	1.99%	2.46%	2.17%
Free Cash Flow Margin	-0.12%	2.37%	1.71%	2.50%	1.41%	-1.44%
EBITDA	268,400	253,796	209,991	205,610	182,122	161,176
EBITDA Margin	6.07%	5.82%	5.22%	5.89%	5.74%	5.32%
D&A For EBITDA	89,879	87,081	81,291	75,224	65,816	59,770
EBIT	178,521	166,714	128,700	130,386	116,307	101,405
EBIT Margin	4.04%	3.82%	3.20%	3.74%	3.67%	3.35%
Effective Tax Rate	28.48%	25.85%	23.40%	27.55%	24.53%	24.56%
Advertising Expenses	-	75,396	64,822	65,101	59,622	55,388

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