Miwon Chemicals Co., Ltd. (KRX: 134380)

Miwon Chemicals 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	-	-	-	-
Revenue	252,295	232,616	235,166	197,470	160,234	154,724
Revenue Growth (YoY)	11.49%	-1.08%	19.09%	23.24%	3.56%	5.62%
Cost of Revenue	203,624	190,419	199,474	169,830	130,547	127,300
Gross Profit	48,672	42,197	35,691	27,640	29,687	27,424
Selling, General & Admin	17,723	16,106	15,449	13,703	12,523	11,079
Research & Development	1,045	884.42	979.53	833.52	678.05	254.84
Other Operating Expenses	80.49	44.38	135.99	42.15	42.32	38.2
Operating Expenses	19,055	17,284	16,708	14,868	13,535	11,940
Operating Income	29,616	24,913	18,983	12,772	16,152	15,484
Interest Expense	-0	-0.02	-0.28	-0.21	-3.5	-8.17
Interest & Investment Income	1,730	1,145	383.58	121.19	72.05	337.92
Currency Exchange Gain (Loss)	402.17	520	1,244	1,190	-526.14	301.81
Other Non Operating Income (Expenses)	216.81	179.6	459.76	396.04	182.26	293.27
EBT Excluding Unusual Items	31,965	26,758	21,071	14,479	15,877	16,409
Gain (Loss) on Sale of Investments	114.1	140.47	-119.97	-13.38	18.95	-7
Gain (Loss) on Sale of Assets	351.72	59.94	22.76	-35.79	9.52	8.54
Asset Writedown	-	24.53	-34.65	132.63	23.74	-
Pretax Income	32,431	26,983	20,939	14,563	15,929	16,411
Income Tax Expense	6,943	5,169	4,678	3,213	2,152	2,904
Net Income	25,488	21,814	16,261	11,350	13,777	13,507
Net Income to Common	25,488	21,814	16,261	11,350	13,777	13,507
Net Income Growth	39.76%	34.15%	43.26%	-17.62%	2.00%	83.25%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-1.98%	-0.96%	0.45%	0.65%	0.70%	0.23%
EPS (Basic)	12734.98	10762.96	7959.00	5571.00	6806.00	6719.00
EPS (Diluted)	12723.28	10750.00	7945.00	5571.00	6806.00	6719.00
EPS Growth	42.45%	35.31%	42.61%	-18.15%	1.29%	82.83%
Free Cash Flow	38,474	21,688	11,453	3,939	4,756	-4,086
Free Cash Flow Per Share	19223.23	10699.43	5596.24	1933.32	2349.47	-2032.54
Gross Margin	19.29%	18.14%	15.18%	14.00%	18.53%	17.72%
Operating Margin	11.74%	10.71%	8.07%	6.47%	10.08%	10.01%
Profit Margin	10.10%	9.38%	6.91%	5.75%	8.60%	8.73%
Free Cash Flow Margin	15.25%	9.32%	4.87%	1.99%	2.97%	-2.64%
EBITDA	42,951	38,335	30,515	24,442	26,258	21,832
EBITDA Margin	17.02%	16.48%	12.98%	12.38%	16.39%	14.11%
D&A For EBITDA	13,334	13,422	11,532	11,670	10,106	6,348
EBIT	29,616	24,913	18,983	12,772	16,152	15,484
EBIT Margin	11.74%	10.71%	8.07%	6.47%	10.08%	10.01%
Effective Tax Rate	21.41%	19.16%	22.34%	22.06%	13.51%	17.70%
Advertising Expenses	-	5.3	4.3	4	33	8

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