Daehan Steel Co., Ltd. (KRX: 084010)

Daehan Steel 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	1,239,589	1,447,832	2,141,616	2,030,305	1,096,135	1,021,712
Other Revenue	-0	-0	-	-	-	-
Revenue	1,239,589	1,447,832	2,141,616	2,030,305	1,096,135	1,021,712
Revenue Growth (YoY)	-22.65%	-32.40%	5.48%	85.22%	7.28%	-9.89%
Cost of Revenue	1,140,841	1,271,289	1,848,058	1,757,836	961,024	937,871
Gross Profit	98,748	176,543	293,558	272,469	135,111	83,842
Selling, General & Admin	55,289	57,120	72,352	66,688	49,671	40,604
Research & Development	3,901	3,901	487.19	235.6	407.05	5
Other Operating Expenses	1,545	1,545	1,064	1,225	671.59	699.7
Operating Expenses	64,509	66,340	78,174	70,668	53,293	42,645
Operating Income	34,240	110,203	215,384	201,801	81,818	41,197
Interest Expense	-1,831	-1,831	-3,157	-1,262	-1,680	-2,088
Interest & Investment Income	9,154	9,154	3,612	1,160	1,233	1,282
Earnings From Equity Investments	10,870	19,910	10,113	11,481	1,356	910.93
Currency Exchange Gain (Loss)	595.61	595.61	-42.62	2,273	-137.34	698.56
Other Non Operating Income (Expenses)	6,835	-45,091	-32,856	-7,292	-6,678	-3,561
EBT Excluding Unusual Items	59,863	92,941	193,053	208,161	75,912	38,439
Gain (Loss) on Sale of Investments	1,828	1,828	3,150	2,438	526.55	-79.58
Gain (Loss) on Sale of Assets	566.77	566.77	-406.9	9,644	-1,854	-1,406
Asset Writedown	1.67	1.67	-25.67	-22.47	-3,697	-165.76
Pretax Income	62,259	95,338	195,771	220,221	70,887	36,787
Income Tax Expense	260.28	18,289	58,164	56,540	17,807	7,552
Earnings From Continuing Operations	61,999	77,049	137,607	163,681	53,080	29,235
Earnings From Discontinued Operations	-	-	-	-	-	387.28
Net Income to Company	61,999	77,049	137,607	163,681	53,080	29,623
Minority Interest in Earnings	-4,415	-5,049	-12,034	-22,103	-4,346	511.5
Net Income	57,584	72,000	125,573	141,578	48,734	30,134
Net Income to Common	57,584	72,000	125,573	141,578	48,734	30,134
Net Income Growth	-36.55%	-42.66%	-11.31%	190.51%	61.72%	-
Shares Outstanding (Basic)	17	18	19	22	22	22
Shares Outstanding (Diluted)	17	18	19	22	22	22
Shares Change (YoY)	-4.06%	-5.48%	-11.88%	-1.20%	-2.88%	-0.09%
EPS (Basic)	3294.85	4006.70	6605.34	6562.59	2231.96	1340.42
EPS (Diluted)	3294.55	4006.70	6605.34	6562.59	2231.96	1340.42
EPS Growth	-33.87%	-39.34%	0.65%	194.03%	66.51%	-
Free Cash Flow	23,133	33,824	25,072	100,779	150,515	8,128
Free Cash Flow Per Share	1323.49	1882.30	1318.82	4671.40	6893.37	361.57
Dividend Per Share	500.000	500.000	780.000	400.000	300.000	200.000
Dividend Growth	-35.90%	-35.90%	95.00%	33.33%	50.00%	-
Gross Margin	7.97%	12.19%	13.71%	13.42%	12.33%	8.21%
Operating Margin	2.76%	7.61%	10.06%	9.94%	7.46%	4.03%
Profit Margin	4.65%	4.97%	5.86%	6.97%	4.45%	2.95%
Free Cash Flow Margin	1.87%	2.34%	1.17%	4.96%	13.73%	0.80%
EBITDA	72,108	144,745	245,489	234,998	106,805	60,385
EBITDA Margin	5.82%	10.00%	11.46%	11.57%	9.74%	5.91%
D&A For EBITDA	37,869	34,541	30,104	33,197	24,987	19,188
EBIT	34,240	110,203	215,384	201,801	81,818	41,197
EBIT Margin	2.76%	7.61%	10.06%	9.94%	7.46%	4.03%
Effective Tax Rate	0.42%	19.18%	29.71%	25.67%	25.12%	20.53%
Advertising Expenses	-	327.48	244.4	118	132.75	164.66

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