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 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
Operating Revenue	522,673	509,267	437,673	611,650	531,343	371,990
Other Revenue	0	-	-0	-0	-	-0
Revenue	522,673	509,267	437,673	611,650	531,343	371,990
Revenue Growth (YoY)	15.83%	16.36%	-28.44%	15.11%	42.84%	-1.55%
Cost of Revenue	413,035	406,471	383,706	480,003	395,584	296,171
Gross Profit	109,638	102,796	53,967	131,647	135,759	75,819
Selling, General & Admin	38,947	37,752	26,296	44,574	34,511	20,893
Research & Development	5,085	4,850	4,439	4,638	4,629	4,356
Other Operating Expenses	236.14	242.47	211.44	220.25	198.71	363.83
Operating Expenses	45,439	44,029	31,440	50,793	40,727	26,611
Operating Income	64,199	58,767	22,527	80,853	95,032	49,208
Interest Expense	-2,119	-2,141	-2,234	-1,142	-60.83	-179.95
Interest & Investment Income	4,150	4,171	2,372	929.68	468.7	419.41
Currency Exchange Gain (Loss)	8,687	10,260	3,533	3,329	9,176	-3,976
Other Non Operating Income (Expenses)	574.85	451.09	639.18	671.35	878.7	295.88
EBT Excluding Unusual Items	75,493	71,508	26,837	84,642	105,494	45,768
Gain (Loss) on Sale of Investments	-	-	-12.1	-	-	-
Gain (Loss) on Sale of Assets	461.32	461.86	187.66	254.66	4.29	97.45
Asset Writedown	-	-	-	-	-	-70.13
Pretax Income	75,954	71,970	27,013	84,896	105,499	45,795
Income Tax Expense	18,717	17,403	8,408	20,072	25,595	11,129
Net Income	57,237	54,567	18,605	64,824	79,903	34,666
Net Income to Common	57,237	54,567	18,605	64,824	79,903	34,666
Net Income Growth	121.63%	193.30%	-71.30%	-18.87%	130.50%	-12.38%
Shares Outstanding (Basic)	5	5	5	5	5	5
Shares Outstanding (Diluted)	5	5	5	5	5	5
Shares Change (YoY)	-1.01%	-1.26%	-1.24%	-0.27%	-1.86%	-2.15%
EPS (Basic)	11736.64	11163.61	3758.22	12932.24	15897.28	6768.94
EPS (Diluted)	11705.84	11163.61	3758.00	12932.00	15897.00	6768.94
EPS Growth	123.30%	197.06%	-70.94%	-18.65%	134.85%	-10.45%
Free Cash Flow	32,140	34,261	84,176	-11,155	-13,161	49,828
Free Cash Flow Per Share	6590.31	7009.32	17003.96	-2225.48	-2618.39	9729.70
Dividend Per Share	2500.000	2500.000	-	-	-	-
Gross Margin	20.98%	20.18%	12.33%	21.52%	25.55%	20.38%
Operating Margin	12.28%	11.54%	5.15%	13.22%	17.89%	13.23%
Profit Margin	10.95%	10.71%	4.25%	10.60%	15.04%	9.32%
Free Cash Flow Margin	6.15%	6.73%	19.23%	-1.82%	-2.48%	13.40%
EBITDA	91,341	85,421	50,742	101,140	111,784	65,716
EBITDA Margin	17.48%	16.77%	11.59%	16.54%	21.04%	17.67%
D&A For EBITDA	27,142	26,653	28,214	20,287	16,752	16,507
EBIT	64,199	58,767	22,527	80,853	95,032	49,208
EBIT Margin	12.28%	11.54%	5.15%	13.22%	17.89%	13.23%
Effective Tax Rate	24.64%	24.18%	31.13%	23.64%	24.26%	24.30%
Advertising Expenses	-	6.11	23.72	23.99	15.53	11.71

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.