Financial Statements

Condensed Balance Sheet

Total Assets Unit : one billion KRW
Total Liabilities Unit : one billion KRW
Total Equity Unit : one billion KRW
(Unit : one million KRW)
Condensed Balance Sheet - Consolidated
2023 2024
Total Assets 3,167,434 3,820,765
Current Assets 1,185,155 1,257,530
Non-currents Assets 1,982,279 2,563,235
Total Liabilities 2,314,974 2,663,425
Current Liabilities 1,751,303 1,985,785
Non-currents Liabilites 563,671 677,640
Shareholder's Equity 852,460 1,157,340
Common Stock 22,340 22,340
Retained Earings 306,730 322,595
Other Components of Equity 450,886 699,618
Non-controlling Interests 72,504 112,787
Total Assets Unit : one billion KRW
Total Liabilities Unit : one billion KRW
Total Equity Unit : one billion KRW
(Unit : one million KRW)
Condensed Balance Sheet - Separate
2023 2024
Total Assets 1,574,561 1,834,037
Current Assets 152,498 189,280
Non-currents Assets 1,422,063 1,644,757
Total Liabilities 644,673 866,352
Current Liabilities 430,344 475,467
Non-currents Liabilites 214,329 390,885
Shareholder's Equity 929,888 967,685
Common Stock 22,340 22,340
Retained Earings 482,378 369,977
Retained Earings 425,170 575,368

Condensed Income Statement

Sales Unit : one billion KRW
Operating Income Unit : one billion KRW
(Unit : one million KRW)
Condensed Income Statement - Consolidated
2023 2024
Sales 3,202,331 3,311,228
Gross Profit 362,297 408,511
SG & A 155,713 156,913
R&D Expenses 32,505 31,876
Operating Income 174,079 219,722
Non-Operating Income 58,500 72,596
Non-Operating Expenses 147,023 159,353
Income & Loss before Income Taxes 85,556 132,965
Income Texes 28,909 54,782
Profit (loss) from continuing operations 56,647 78,183
Profit (loss) from discontinued operations - -
Net Income 56,647 78,183
Sales Unit : one billion KRW
Operating Income Unit : one billion KRW
(Unit : one million KRW)
Condensed Income Statement - Separate
2023 2024
Sales 662,028 590,088
Gross Profit 161,598 132,037
SG & A 35,226 47,337
R&D Expenses 20,491 20,755
Operating Income 105,881 63,945
Non-Operating Income 125,613 49,515
Non-Operating Expenses 46,255 49,989
Impairment loss of investment in subsidiaries
and affiliated companies		 - 128,477
Income & Loss before Income Taxes 185,239 65,006
Income Texes 16,877 13,422
Profit (loss) from continuing operations 168,361 78,429
Profit (loss) from discontinued operations - -
Net Income 168,361 78,429

Financial Indices

Stability

Consolidation criteria
Financial Indices - Stability(Consolidation criteria)
Classification 2023 2024
Current Ratio 67.7% 63.3%
Liability Ratio 271.6% 230.1%
Borrowing and Bond Payable Ratio 54.9% 52.1%
Interest Coverage 2.1 2.4
Separate criteria
Financial Indices - Stability(Separate criteria)
Classification 2023 2024
Current Ratio 35.4% 39.8%
Debt Ratio 69.3% 89.5%
Borrowing and Bond Payable Ratio 25.1% 32.1%
Interest Coverage 7.0 2.9

Profitability

Consolidation criteria
Financial Indices - Profitability(Consolidation criteria)
Classification 2023 2024
Operating Margin 5.44% 6.64%
Net Margin 1.77% 2.36%
ROA 1.79% 2.05%
ROE 6.65% 6.76%
Separate criteria
Financial Indices - Profitability(Separate criteria)
Classification 2023 2024
Operating Margin 15.99% 10.84%
Operating Margin 25.43% -13.29%
ROA 10.69% -4.28%
ROE 18.11% -8.10%

Growth

Consolidation criteria
Financial Indices - Growth(Consolidation criteria)
Classification 2023 2024
Sales Increase -16.64% 3.40%
Operating Income Increase -44.75% 26.22%
Net Income Increase -64.65% 38.02%
Total Assets Increase 3.66% 20.63%
Turn Over Ratio 101.10% 86.66%
Separate criteria
Financial Indices - Growth(Separate criteria)
Classification 2023 2024
Sales Increase -22.85% -10.87%
Operating Income Increase 9.76% -39.61%
Net Income Increase -20.79% -146.58%
Total Assets Increase 6.76% 16.48%
Turn Over Ratio 42.05% 32.17%