Samyang Corporation (KRX: 145990)

Samyang 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	2,665,322	2,651,439	2,652,439	2,384,454	2,051,767	2,096,387
Other Revenue	-0	-	-0	-	-	-
Revenue	2,665,322	2,651,439	2,652,439	2,384,454	2,051,767	2,096,387
Revenue Growth (YoY)	0.62%	-0.04%	11.24%	16.21%	-2.13%	-1.29%
Cost of Revenue	2,163,131	2,190,040	2,241,737	1,999,660	1,653,764	1,716,198
Gross Profit	502,191	461,400	410,702	384,793	398,003	380,188
Selling, General & Admin	321,372	313,655	295,075	266,409	240,887	256,844
Research & Development	6,582	6,876	6,097	10,458	21,185	19,780
Other Operating Expenses	3,410	3,417	3,557	3,060	2,960	3,111
Operating Expenses	355,760	347,603	327,686	302,240	285,850	301,050
Operating Income	146,430	113,797	83,016	82,553	112,153	79,139
Interest Expense	-33,144	-33,485	-25,563	-20,199	-21,020	-22,834
Interest & Investment Income	45,118	41,932	28,330	14,502	12,872	10,899
Earnings From Equity Investments	1,071	2,000	1,047	1,297	847.4	-4,949
Currency Exchange Gain (Loss)	5,446	-2,400	-19,886	-6,024	2,728	382
Other Non Operating Income (Expenses)	5,975	27,531	21,398	10,292	535.16	8,611
EBT Excluding Unusual Items	170,896	149,376	88,341	82,422	108,115	71,248
Impairment of Goodwill	-	-	-	-	-	-27
Gain (Loss) on Sale of Investments	-1,719	-1,106	1,797	-	-	102
Gain (Loss) on Sale of Assets	400	1,538	11,146	439	27	-373
Asset Writedown	-	-	-4,003	-6,710	-10,710	-3,114
Pretax Income	169,577	149,808	97,281	76,151	97,432	67,836
Income Tax Expense	31,945	27,811	15,034	19,758	20,402	14,948
Earnings From Continuing Operations	137,632	121,997	82,247	56,393	77,030	52,887
Minority Interest in Earnings	-17,097	-15,119	-13,253	-15,237	-19,418	-19,063
Net Income	120,535	106,878	68,994	41,156	57,612	33,824
Preferred Dividends & Other Adjustments	3,959	3,959	2,562	1,535	2,142	1,196
Net Income to Common	116,576	102,919	66,432	39,621	55,470	32,628
Net Income Growth	20.40%	54.91%	67.64%	-28.56%	70.33%	-24.80%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	-0.00%	-	-	0.14%	0.07%	3.61%
EPS (Basic)	11615.72	10254.55	6619.07	3947.76	5534.60	3257.81
EPS (Diluted)	11615.72	10254.55	6619.07	3947.76	5534.60	3257.81
EPS Growth	19.51%	54.92%	67.67%	-28.67%	69.89%	-27.43%
Free Cash Flow	132,216	142,735	-27,536	-116,690	86,543	-11,018
Free Cash Flow Per Share	13174.19	14221.66	-2743.56	-11626.68	8635.02	-1100.08
Dividend Per Share	1750.000	1750.000	1250.000	1250.000	1250.000	1000.000
Dividend Growth	40.00%	40.00%	0%	0%	25.00%	-33.33%
Gross Margin	18.84%	17.40%	15.48%	16.14%	19.40%	18.14%
Operating Margin	5.49%	4.29%	3.13%	3.46%	5.47%	3.77%
Profit Margin	4.37%	3.88%	2.50%	1.66%	2.70%	1.56%
Free Cash Flow Margin	4.96%	5.38%	-1.04%	-4.89%	4.22%	-0.53%
EBITDA	228,340	194,973	163,214	160,069	189,721	153,375
EBITDA Margin	8.57%	7.35%	6.15%	6.71%	9.25%	7.32%
D&A For EBITDA	81,910	81,176	80,198	77,516	77,568	74,236
EBIT	146,430	113,797	83,016	82,553	112,153	79,139
EBIT Margin	5.49%	4.29%	3.13%	3.46%	5.47%	3.77%
Effective Tax Rate	18.84%	18.56%	15.45%	25.95%	20.94%	22.04%
Advertising Expenses	-	15,524	10,698	10,098	9,271	11,893

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