Financial Information
Business performance
Sales Revenue
- 202024,262
- 202129,878
- 202226,152
- 202321,331
Operating Profit
- 2020(-)36
- 20212,231
- 2022(-)2,085
- 2023(-)2,509
EBITDA
- 20204,098
- 20216,731
- 20222,472
- 20231,704
※ Unit: KRW billion K-IFRS (consolidated basis)
Type | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Sales Revenue | 24,262 | 29,878 | 26,152 | 21,331 |
Cost of sales | 21,626 | 24,573 | 25,028 | 20,985 |
Gross profit | 2,636 | 5,305 | 1,124 | 345 |
Operating Profit | 36 | 2,231 | 2,085 | 2,509 |
EBITDA | 4,098 | 6,731 | 2,472 | 1,704 |
Income before tax | 602 | 1,719 | 3,433 | 3,339 |
Net Income | 76 | 1,334 | 3,196 | 2,576 |
Financial Information
Asset
- 202035,066
- 202138,155
- 202235,686
- 202335,759
Liabilities
- 202022,335
- 202123,392
- 202224,367
- 202326,989
Equity
- 202012,731
- 202114,763
- 202211,319
- 20238,770
※ Unit: KRW billion K-IFRS (consolidated basis)
Type | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Asset | 35,066 | 38,155 | 35,686 | 35,759 |
- A/R | 3,518 | 4,575 | 2,359 | 3,218 |
- Cash | 4,297 | 4,285 | 3,547 | 3,163 |
- Inventory | 2,171 | 3,350 | 2,873 | 2,528 |
Liabilities | 22,335 | 23,392 | 24,367 | 26,989 |
- A/P | 3,779 | 4,814 | 4,062 | 4,175 |
- Short-term debts | 3,101 | 4,007 | 5,434 | 5,180 |
- Long-term debts | 10,968 | 8,657 | 9,557 | 11,349 |
Equity | 12,731 | 14,763 | 11,319 | 8,770 |
- Net debt-to-equity ratio(%) | 76.8% | 56.8% | 101.1% | 152.4% |
[*] Cash includes short-term financial instruments
Cash Flow
※ Unit: KRW billion K-IFRS (consolidated basis)
Type | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Net Income | 76 | 1,334 | 3,196 | 2,576 |
- Depreciation & Amortization (1) | 4,134 | 4,501 | 4,557 | 4,213 |
- Working Capital (2) | 678 | 1,202 | 1,941 | 401 |
- Others (3) | 2,475 | 1,467 | 299 | 461 |
Cash flow from operating activities | 2,261 | 6,100 | 3,003 | 1,697 |
Cash flow from investing activities | 2,311 | 3,646 | 5,687 | 3,431 |
Cash flow before financing activities | 50 | 2,454 | 2,684 | 1,734 |
- Change in debts | 833 | 2,399 | 2,321 | 1,458 |
- Dividends | 0 | 0 | 233 | 0 |
- Change in non-controlling interest | 99 | 67 | 142 | 108 |
Net change in cash | 882 | 12 | 738 | 384 |
- (1) Working Capital consists of net change in A/R, Inventory, A/P and F/X effect
- (2) Cash flow from investing activities excludes the increase (decrease) of short-term financial instruments
- (3) Equity investments from other companies, etc.
Download Financial Highlights
- 2024 1Q Income Statement (K-IFRS) DOWNLOAD
- 2024 2Q Income Statement (K-IFRS) DOWNLOAD
- 2024 3Q Income Statement (K-IFRS) DOWNLOAD
- 2024 1Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2024 2Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2024 3Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2024 1Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2024 2Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2024 3Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2023 1Q Income Statement (K-IFRS) DOWNLOAD
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- 2023 3Q Income Statement (K-IFRS) DOWNLOAD
- 2023 4Q Income Statement (K-IFRS) DOWNLOAD
- 2023 1Q Financial Position Statement (K-IFRS) DOWNLOAD
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- 2023 3Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2023 4Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2023 1Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2023 2Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2023 3Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2023 4Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2022 4Q Income Statement (K-IFRS) DOWNLOAD
- 2022 3Q Income Statement (K-IFRS) DOWNLOAD
- 2022 2Q Income Statement (K-IFRS) DOWNLOAD
- 2022 1Q Income Statement (K-IFRS) DOWNLOAD
- 2022 4Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2022 3Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2022 2Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2022 1Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2022 4Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2022 3Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2022 2Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2022 1Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2021 4Q Income Statement (K-IFRS) DOWNLOAD
- 2021 3Q Income Statement (K-IFRS) DOWNLOAD
- 2021 2Q Income Statement (K-IFRS) DOWNLOAD
- 2021 1Q Income Statement (K-IFRS) DOWNLOAD
- 2021 4Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2021 3Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2021 2Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2021 1Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2021 4Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2021 3Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2021 2Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2021 1Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2020 4Q Income Statement (K-IFRS) DOWNLOAD
- 2020 3Q Income Statement (K-IFRS) DOWNLOAD
- 2020 2Q Income Statement (K-IFRS) DOWNLOAD
- 2020 1Q Income Statement (K-IFRS) DOWNLOAD
- 2020 4Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2020 3Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2020 2Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2020 1Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2020 4Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2020 3Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2020 2Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2020 1Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2019 4Q Income Statement (K-IFRS) DOWNLOAD
- 2019 3Q Income Statement (K-IFRS) DOWNLOAD
- 2019 2Q Income Statement (K-IFRS) DOWNLOAD
- 2019 1Q Income Statement (K-IFRS) DOWNLOAD
- 2019 4Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2019 3Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2019 2Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2019 1Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2019 4Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2019 3Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2019 2Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2019 1Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2018 4Q Income Statement (K-IFRS) DOWNLOAD
- 2018 3Q Income Statement (K-IFRS) DOWNLOAD
- 2018 2Q Income Statement (K-IFRS) DOWNLOAD
- 2018 1Q Income Statement (K-IFRS) DOWNLOAD
- 2018 4Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2018 3Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2018 2Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2018 1Q Financial Position Statement (K-IFRS) DOWNLOAD
- 2018 4Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2018 3Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2018 2Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2018 1Q Cash Flow Statement (K-IFRS) DOWNLOAD
- 2017 4Q Income Statement (K-IFRS) DOWNLOAD
- 2017 3Q Income Statement (K-IFRS) DOWNLOAD
- 2017 2Q Income Statement (K-IFRS) DOWNLOAD
- 2017 1Q Income Statement (K-IFRS) DOWNLOAD
Credit rating
Credit rating by rating agency
Type | Corporate bond |
---|---|
Korea Ratings | A |
NICE Investors Service | A |
Korea Investors Service | A |
Definition of domestic corporate bond ratings
Type | Rating | Definition of ratings |
---|---|---|
Corporate bond | AAA | Excellent ability to pay principal and interest |
AA+/AA/AA- | The ability to pay principal and interest is very good, but somewhat inferior to AAA bonds | |
A+/A/A- | Although the ability to pay principal and interest is excellent, it is more susceptible to economic conditions and environmental deterioration than higher grades | |
BBB+/BBB/BBB- | Although the ability to pay principal and interest is good, the ability to pay principal and interest in the future may be weakened due to economic conditions and environmental deterioration compared to higher grades | |
BB+/BB/BB- | The ability to pay principal and interest is not a problem right now, but it contains a speculative element that cannot assert about future safety | |
B+/B/B- | It is speculative due to lack of ability to pay principal and interest, and interest payment is not certain in case of recession | |
CCC | There is an element of uncertainty regarding the payment of principal and interest, and it is very speculative due to the high risk of default | |
CC | The anxiety factor is greater when compared to the higher grade | |
C | High risk of default and no ability to repay principal and interest | |
D | Unable to repay |