Daesang Holdings Co., Ltd. (KRX: 084690)

Daesang 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
Other Revenue	-0	-	-0	-	0	-
Revenue	5,272,774	5,259,400	5,226,660	4,205,969	3,754,299	3,552,513
Revenue Growth (YoY)	-0.33%	0.63%	24.27%	12.03%	5.68%	4.55%
Cost of Revenue	3,969,426	4,011,043	4,035,457	3,100,904	2,709,362	2,656,076
Gross Profit	1,303,348	1,248,357	1,191,203	1,105,065	1,044,937	896,437
Selling, General & Admin	1,002,507	983,540	928,889	823,901	737,547	656,211
Research & Development	55,426	49,988	40,388	32,451	27,273	28,431
Other Operating Expenses	29,916	27,875	22,983	23,407	20,641	21,686
Operating Expenses	1,136,011	1,133,991	1,044,357	948,306	798,605	743,642
Operating Income	167,337	114,366	146,846	156,759	246,331	152,795
Interest Expense	-75,552	-67,798	-41,024	-23,140	-25,275	-29,612
Interest & Investment Income	26,196	24,561	13,354	5,786	7,309	8,702
Earnings From Equity Investments	-3,165	-3,241	216.82	11,193	-1,930	22,480
Currency Exchange Gain (Loss)	4,686	4,117	-15,362	-6,778	2,788	4,312
Other Non Operating Income (Expenses)	-21,688	-8,249	-12,281	-17,681	-7,369	-8,546
EBT Excluding Unusual Items	97,814	63,756	91,750	126,138	221,855	150,130
Gain (Loss) on Sale of Investments	2,050	3,042	676	-6,626	1,233	39
Gain (Loss) on Sale of Assets	3,021	22,624	26,398	72,830	1,300	45,692
Asset Writedown	-	-	22	-9,447	-13,541	-24,231
Pretax Income	102,885	89,422	118,846	182,895	210,847	171,630
Income Tax Expense	25,881	23,906	40,785	40,162	46,038	33,400
Earnings From Continuing Operations	77,004	65,516	78,061	142,733	164,809	138,230
Minority Interest in Earnings	-51,157	-44,425	-45,838	-88,881	-77,201	-65,979
Net Income	25,847	21,091	32,223	53,852	87,608	72,251
Preferred Dividends & Other Adjustments	1,250	527.86	-	-	-	-
Net Income to Common	24,598	20,563	32,223	53,852	87,608	72,251
Net Income Growth	167.62%	-34.55%	-40.16%	-38.53%	21.26%	208.03%
Shares Outstanding (Basic)	37	37	37	37	37	37
Shares Outstanding (Diluted)	37	37	37	37	37	37
Shares Change (YoY)	-	-	-	-	-	0.03%
EPS (Basic)	662.55	553.88	867.93	1450.51	2359.75	1946.10
EPS (Diluted)	662.55	553.88	867.93	1450.51	2359.75	1946.10
EPS Growth	154.69%	-36.18%	-40.16%	-38.53%	21.26%	207.93%
Free Cash Flow	41,938	120,668	-344,538	-170,527	60,846	51,366
Free Cash Flow Per Share	1129.61	3250.24	-9280.23	-4593.21	1638.91	1383.56
Dividend Per Share	270.000	270.000	270.000	240.000	220.000	200.000
Dividend Growth	0%	0%	12.50%	9.09%	10.00%	5.26%
Gross Margin	24.72%	23.74%	22.79%	26.27%	27.83%	25.23%
Operating Margin	3.17%	2.17%	2.81%	3.73%	6.56%	4.30%
Profit Margin	0.47%	0.39%	0.62%	1.28%	2.33%	2.03%
Free Cash Flow Margin	0.80%	2.29%	-6.59%	-4.05%	1.62%	1.45%
EBITDA	337,967	278,984	299,520	287,728	369,483	267,517
EBITDA Margin	6.41%	5.30%	5.73%	6.84%	9.84%	7.53%
D&A For EBITDA	170,630	164,618	152,674	130,969	123,152	114,722
EBIT	167,337	114,366	146,846	156,759	246,331	152,795
EBIT Margin	3.17%	2.17%	2.81%	3.73%	6.56%	4.30%
Effective Tax Rate	25.16%	26.73%	34.32%	21.96%	21.83%	19.46%
Advertising Expenses	-	128,521	125,838	109,565	69,752	65,205

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