HL Mando Corporation (KRX: 204320)

HL Mando 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
Operating Revenue	8,564,280	8,393,087	7,516,164	6,147,433	5,563,504	5,981,877
Other Revenue	0	-	-0	-0	-	-
Revenue	8,564,280	8,393,087	7,516,164	6,147,433	5,563,504	5,981,877
Revenue Growth (YoY)	4.03%	11.67%	22.27%	10.50%	-6.99%	5.60%
Cost of Revenue	7,400,018	7,274,070	6,515,939	5,251,308	4,899,860	5,152,441
Gross Profit	1,164,262	1,119,016	1,000,224	896,125	663,644	829,436
Selling, General & Admin	545,681	530,012	450,562	423,892	345,533	382,089
Research & Development	249,978	239,126	241,603	201,907	177,175	189,766
Other Operating Expenses	19,190	18,817	12,867	9,733	7,575	6,600
Operating Expenses	867,274	840,097	752,122	665,848	574,949	613,319
Operating Income	296,988	278,919	248,102	230,277	88,695	216,117
Interest Expense	-95,730	-95,730	-57,832	-50,807	-44,980	-48,514
Interest & Investment Income	31,977	26,082	19,080	8,077	7,030	7,152
Earnings From Equity Investments	-4,436	-2,214	5,770	13,325	3,343	-6,521
Currency Exchange Gain (Loss)	22,965	22,965	10,606	16,940	-19,483	264.59
Other Non Operating Income (Expenses)	81,847	-21,464	-16,790	-4,795	-10,511	14,653
EBT Excluding Unusual Items	333,611	208,558	208,937	213,017	24,094	183,151
Gain (Loss) on Sale of Investments	50,053	50,053	-1.99	29,702	3,431	-
Gain (Loss) on Sale of Assets	6,050	6,050	103,593	805.45	-4,650	-1,267
Asset Writedown	-38,951	-38,951	-82,539	-15,398	-17,679	-5,405
Pretax Income	350,764	225,711	229,989	228,126	5,197	176,479
Income Tax Expense	133,227	71,111	111,701	49,510	-8,664	58,239
Earnings From Continuing Operations	217,537	154,600	118,288	178,616	13,861	118,240
Minority Interest in Earnings	-25,039	-19,017	-19,997	-11,480	-8,072	-7,717
Net Income	192,497	135,583	98,291	167,136	5,789	110,523
Net Income to Common	192,497	135,583	98,291	167,136	5,789	110,523
Net Income Growth	60.71%	37.94%	-41.19%	2786.98%	-94.76%	4.60%
Shares Outstanding (Basic)	47	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47	47
Shares Change (YoY)	0.01%	0.04%	0.11%	0.06%	-	-
EPS (Basic)	4100.33	2889.58	2095.61	3567.38	123.64	2360.35
EPS (Diluted)	4100.33	2889.58	2095.61	3567.38	123.64	2360.35
EPS Growth	60.69%	37.89%	-41.26%	2785.34%	-94.76%	4.60%
Free Cash Flow	-132,022	91,863	-263,373	205,402	252,433	50,575
Free Cash Flow Per Share	-2812.17	1957.81	-5615.27	4384.13	5391.03	1080.08
Dividend Per Share	600.000	600.000	-	-	-	-
Gross Margin	13.59%	13.33%	13.31%	14.58%	11.93%	13.87%
Operating Margin	3.47%	3.32%	3.30%	3.75%	1.59%	3.61%
Profit Margin	2.25%	1.62%	1.31%	2.72%	0.10%	1.85%
Free Cash Flow Margin	-1.54%	1.09%	-3.50%	3.34%	4.54%	0.85%
EBITDA	622,701	600,704	586,915	557,076	394,490	516,706
EBITDA Margin	7.27%	7.16%	7.81%	9.06%	7.09%	8.64%
D&A For EBITDA	325,712	321,785	338,813	326,798	305,795	300,590
EBIT	296,988	278,919	248,102	230,277	88,695	216,117
EBIT Margin	3.47%	3.32%	3.30%	3.75%	1.59%	3.61%
Effective Tax Rate	37.98%	31.51%	48.57%	21.70%	-	33.00%
Advertising Expenses	-	3,972	3,025	1,168	1,231	1,818

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