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

Miwon Chemicals Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	-	-	-0	-	-	-
Revenue	257,790	256,110	232,616	235,166	197,470	160,234
Revenue Growth (YoY)	8.16%	10.10%	-1.08%	19.09%	23.24%	3.56%
Cost of Revenue	210,723	207,726	190,419	199,474	169,830	130,547
Gross Profit	47,067	48,385	42,197	35,691	27,640	29,687
Selling, General & Admin	18,176	18,256	16,106	15,449	13,703	12,523
Research & Development	1,233	1,166	884.42	979.53	833.52	678.05
Other Operating Expenses	55.09	81.93	44.38	135.99	42.15	42.32
Operating Expenses	19,736	19,750	17,284	16,708	14,868	13,535
Operating Income	27,332	28,635	24,913	18,983	12,772	16,152
Interest Expense	-	-	-0.02	-0.28	-0.21	-3.5
Interest & Investment Income	2,022	1,913	1,145	383.58	121.19	72.05
Currency Exchange Gain (Loss)	1,891	2,911	520	1,244	1,190	-526.14
Other Non Operating Income (Expenses)	300.06	292.23	179.6	459.76	396.04	182.26
EBT Excluding Unusual Items	31,545	33,751	26,758	21,071	14,479	15,877
Gain (Loss) on Sale of Investments	168.89	100.72	140.47	-119.97	-13.38	18.95
Gain (Loss) on Sale of Assets	41.73	281.39	59.94	22.76	-35.79	9.52
Asset Writedown	-	-	24.53	-34.65	132.63	23.74
Pretax Income	31,756	34,133	26,983	20,939	14,563	15,929
Income Tax Expense	6,464	7,203	5,169	4,678	3,213	2,152
Net Income	25,292	26,931	21,814	16,261	11,350	13,777
Net Income to Common	25,292	26,931	21,814	16,261	11,350	13,777
Net Income Growth	4.70%	23.46%	34.15%	43.26%	-17.61%	2.00%
Shares Outstanding (Basic)	2	2	2	2	2	2
Shares Outstanding (Diluted)	2	2	2	2	2	2
Shares Change (YoY)	-0.50%	-1.18%	-0.97%	0.46%	0.65%	0.70%
EPS (Basic)	12616.13	13445.81	10763.00	7959.00	5571.00	6806.00
EPS (Diluted)	12612.67	13445.81	10763.00	7945.00	5571.00	6806.00
EPS Growth	5.23%	24.93%	35.47%	42.61%	-18.15%	1.29%
Free Cash Flow	21,592	26,897	21,688	11,453	3,939	4,756
Free Cash Flow Per Share	10767.79	13429.00	10700.87	5596.24	1933.32	2349.47
Gross Margin	18.26%	18.89%	18.14%	15.18%	14.00%	18.53%
Operating Margin	10.60%	11.18%	10.71%	8.07%	6.47%	10.08%
Profit Margin	9.81%	10.51%	9.38%	6.91%	5.75%	8.60%
Free Cash Flow Margin	8.38%	10.50%	9.32%	4.87%	1.99%	2.97%
EBITDA	40,487	41,726	38,335	30,515	24,442	26,258
EBITDA Margin	15.71%	16.29%	16.48%	12.98%	12.38%	16.39%
D&A For EBITDA	13,155	13,091	13,422	11,532	11,670	10,106
EBIT	27,332	28,635	24,913	18,983	12,772	16,152
EBIT Margin	10.60%	11.18%	10.71%	8.07%	6.47%	10.08%
Effective Tax Rate	20.36%	21.10%	19.16%	22.34%	22.06%	13.51%
Advertising Expenses	-	-	5.3	4.3	4	33

Updated Mar 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.