Aekyungchemical Co., Ltd. (KRX: 161000)

Aekyungchemical 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,738,963	1,793,736	2,176,437	1,570,090	908,852	1,017,022
Revenue Growth (YoY)	-9.37%	-17.58%	38.62%	72.76%	-10.64%	-1.39%
Cost of Revenue	1,580,551	1,619,244	1,956,986	1,413,002	802,771	921,408
Gross Profit	158,411	174,492	219,450	157,088	106,081	95,614
Selling, General & Admin	95,287	95,894	95,574	52,148	39,239	39,238
Research & Development	21,446	21,074	19,323	7,865	7,045	6,727
Other Operating Expenses	4,477	3,370	3,942	975.97	274.85	522.04
Operating Expenses	126,732	129,432	124,363	63,828	48,593	48,761
Operating Income	31,679	45,060	95,087	93,260	57,487	46,853
Interest Expense	-13,102	-11,596	-9,291	-2,807	-1,353	-1,786
Interest & Investment Income	4,369	3,445	1,526	962.45	963.41	1,882
Earnings From Equity Investments	-1,149	240.07	5,772	16,474	1,401	3,018
Currency Exchange Gain (Loss)	-3,641	-639.34	-5,098	-2,955	-1,788	189.5
Other Non Operating Income (Expenses)	7,493	11,818	983.16	-3,577	-116.3	-2,649
EBT Excluding Unusual Items	25,649	48,328	88,979	101,357	56,594	47,507
Impairment of Goodwill	-3,737	-3,737	-2,797	-	-	-1,197
Gain (Loss) on Sale of Investments	-129.36	-22.14	94.88	150.45	788.99	-68.94
Gain (Loss) on Sale of Assets	-1,048	-983.89	10,473	-3,780	61.62	689.01
Asset Writedown	-2,593	-2,593	-3,978	-90.2	-	-
Pretax Income	18,142	40,993	92,772	97,638	57,445	46,929
Income Tax Expense	8,063	8,020	33,408	20,348	13,119	16,556
Earnings From Continuing Operations	10,080	32,974	59,364	77,289	44,326	30,373
Minority Interest in Earnings	-217.6	123.99	783.7	82.66	79.6	132.76
Net Income	9,862	33,098	60,148	77,372	44,406	30,506
Net Income to Common	9,862	33,098	60,148	77,372	44,406	30,506
Net Income Growth	-58.45%	-44.97%	-22.26%	74.24%	45.56%	-42.54%
Shares Outstanding (Basic)	48	48	48	34	32	32
Shares Outstanding (Diluted)	48	48	48	34	32	32
Shares Change (YoY)	0.20%	0.18%	43.25%	6.56%	0.02%	-
EPS (Basic)	204.32	686.27	1248.60	2301.94	1406.84	966.47
EPS (Diluted)	204.32	685.00	1248.00	2300.00	1406.00	966.00
EPS Growth	-58.42%	-45.11%	-45.74%	63.58%	45.55%	-42.57%
Free Cash Flow	-13,188	-531.22	73,682	-56,295	3,541	41,309
Free Cash Flow Per Share	-272.98	-11.00	1529.03	-1673.50	112.16	1308.72
Dividend Per Share	250.000	250.000	-	-	-	-
Gross Margin	9.11%	9.73%	10.08%	10.01%	11.67%	9.40%
Operating Margin	1.82%	2.51%	4.37%	5.94%	6.33%	4.61%
Profit Margin	0.57%	1.85%	2.76%	4.93%	4.89%	3.00%
Free Cash Flow Margin	-0.76%	-0.03%	3.39%	-3.59%	0.39%	4.06%
EBITDA	68,398	80,700	128,600	109,938	69,502	58,402
EBITDA Margin	3.93%	4.50%	5.91%	7.00%	7.65%	5.74%
D&A For EBITDA	36,719	35,640	33,513	16,677	12,015	11,549
EBIT	31,679	45,060	95,087	93,260	57,487	46,853
EBIT Margin	1.82%	2.51%	4.37%	5.94%	6.33%	4.61%
Effective Tax Rate	44.44%	19.56%	36.01%	20.84%	22.84%	35.28%
Advertising Expenses	-	2,576	2,930	1,757	1,108	1,287

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