Miwon Specialty Chemical Co., Ltd. (KRX: 268280)

Miwon Specialty Chemical 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	468,275	437,673	611,650	531,343	371,990	377,851
Other Revenue	-0	-0	-0	-	-0	-
Revenue	468,275	437,673	611,650	531,343	371,990	377,851
Revenue Growth (YoY)	-6.15%	-28.44%	15.11%	42.84%	-1.55%	4.83%
Cost of Revenue	390,633	383,706	480,003	395,584	296,171	305,783
Gross Profit	77,642	53,967	131,647	135,759	75,819	72,068
Selling, General & Admin	30,804	26,296	44,574	34,511	20,893	19,380
Research & Development	4,207	4,439	4,638	4,629	4,356	5,017
Other Operating Expenses	227.79	211.44	220.25	198.71	363.83	137.5
Operating Expenses	36,057	31,440	50,793	40,727	26,611	25,480
Operating Income	41,585	22,527	80,853	95,032	49,208	46,588
Interest Expense	-2,177	-2,234	-1,142	-60.83	-179.95	-221.59
Interest & Investment Income	3,439	2,372	929.68	468.7	419.41	586.49
Currency Exchange Gain (Loss)	5,208	3,533	3,329	9,176	-3,976	1,833
Other Non Operating Income (Expenses)	1,783	639.18	671.35	878.7	295.88	426.99
EBT Excluding Unusual Items	49,838	26,837	84,642	105,494	45,768	49,213
Gain (Loss) on Sale of Investments	-12.1	-12.1	-	-	-	-
Gain (Loss) on Sale of Assets	297.96	187.66	254.66	4.29	97.45	16.73
Asset Writedown	-	-	-	-	-70.13	-
Pretax Income	50,124	27,013	84,896	105,499	45,795	49,229
Income Tax Expense	11,758	8,408	20,072	25,595	11,129	9,664
Net Income	38,366	18,605	64,824	79,903	34,666	39,565
Net Income to Common	38,366	18,605	64,824	79,903	34,666	39,565
Net Income Growth	25.82%	-71.30%	-18.87%	130.50%	-12.38%	9.98%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
Shares Change (YoY)	-1.95%	-1.24%	-0.27%	-1.86%	-2.16%	0.85%
EPS (Basic)	7825.52	3758.22	12932.24	15897.28	6768.94	7559.15
EPS (Diluted)	7825.30	3758.00	12932.00	15897.00	6768.94	7559.00
EPS Growth	28.32%	-70.94%	-18.65%	134.85%	-10.45%	9.05%
Free Cash Flow	65,147	84,176	-11,155	-13,161	49,828	49,455
Free Cash Flow Per Share	13287.98	17003.96	-2225.48	-2618.39	9729.70	9448.54
Dividend Per Share	2100.000	2100.000	-	-	-	-
Gross Margin	16.58%	12.33%	21.52%	25.55%	20.38%	19.07%
Operating Margin	8.88%	5.15%	13.22%	17.89%	13.23%	12.33%
Profit Margin	8.19%	4.25%	10.60%	15.04%	9.32%	10.47%
Free Cash Flow Margin	13.91%	19.23%	-1.82%	-2.48%	13.40%	13.09%
EBITDA	69,145	50,742	101,140	111,784	65,716	62,441
EBITDA Margin	14.77%	11.59%	16.54%	21.04%	17.67%	16.53%
D&A For EBITDA	27,560	28,214	20,287	16,752	16,507	15,853
EBIT	41,585	22,527	80,853	95,032	49,208	46,588
EBIT Margin	8.88%	5.15%	13.22%	17.89%	13.23%	12.33%
Effective Tax Rate	23.46%	31.13%	23.64%	24.26%	24.30%	19.63%
Advertising Expenses	-	23.72	23.99	15.53	11.71	45.65

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