Financial information

With our storing competitive edge, we continue to achieve outstanding results in all business areas.

Financial highlights

­­­­ Sales

Operating income

Consolidated, Unit: KRW(bn)

Financial highlights2022   2023   2024   
Sales82,52182,26387,728
Operating income3,5673,6533,420
Net income1,8631,151591
Assets55,15660,24165,630
Liabilities32,66436,74240,418
Equity22,49223,49925,212

Statement of financial position

Current/Non-current assets 

Current/Non-current liabilities

Liabilities/Equity

Consolidated, Unit: KRW(bn)

Statement of Financial Position2022   2023   2024   
Assets55,15660,24165,630
  - Current Assets27,48830,34133,924
  - Non-current Assets27,66829,90031,706
Liabilities32,66436,74240,418
  - Current Liabilities22,33324,16027,307
  - Non-current Liabilites10,33212,58213,110
Equity22,49223,49925,212

Income statement

Consolidated, Unit: KRW(bn)

Income statement2022   2023   2024   
Sales

82,521

82,26387,728
Cost of goods sold

62,302

62,46166,349
Gross profit

20,219

19,80121,379
Operating income (Loss)

3,567

3,6533,420
Net income before tax2,5702,0151,336
Net income1,8631,151591

Cash flows

Consolidated, Unit: KRW(bn) 

Cash flows2022   2023   2024   
Cash at the beginning of period6,0526,3228,488
- Cash flow from operating activities3,1085,9143,843
- Cash flow from investing activities-3,228-5,290-4,212
- Cash flow from financing activities4481,503-705
Net changes in cash2122,165-915
Cash at the end of period6,3228,4887,573

Financial statements

  • 2024
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2023
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2022
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2021
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2020
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2019
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2018
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2017
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2016
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2015
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2014
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2013
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2012
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2011
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2010
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    3Q Consolidated financial statements
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    2Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    1Q Consolidated financial statements
    extension : pdf
    1Q Separate financial statements
  • 2009
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    extension : pdf
    1Q Separate financial statements
  • 2008
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    extension : pdf
    1Q Separate financial statements
  • 2007
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    extension : pdf
    1Q Separate financial statements
  • 2006
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    2Q Separate financial statements
  • 2005
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    extension : pdf
    1Q Separate financial statements
  • 2004
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    extension : pdf
    1Q Separate financial statements
  • 2003
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    extension : pdf
    2Q Separate financial statements
    extension : pdf
    extension : pdf
    1Q Separate financial statements
  • 2002
    extension : pdf
    4Q Consolidated financial statements
    extension : pdf
    4Q Separate financial statements
    extension : pdf
    extension : pdf
    3Q Separate financial statements
    extension : pdf
    extension : pdf
    2Q Separate financial statements
  • 2001
    extension : pdf
    2001 Consolidated financial statements
    extension : pdf
    2001 Audit Report
    extension : pdf
    2001 Review Report
  • 2000
    extension : pdf
    2000 Consolidated financial statements
    extension : pdf
    2000 Audit Report
    extension : pdf
    2000 Review Report
  • 1999
    extension : pdf
    1999 Consolidated financial statements
    extension : pdf
    1999 Audit Report

Credit rating

Global credit rating

Rating agencyCurrent ratingLast evaluation date
Moody’sBaa2 (Positive)February 2025
S&PBBB (Stable)October 2023

Rating definitions of Moody’s and S&P

Moody’s has rating categories, from Aaa to C. and S&P has 10 rating categories, from AAA to D. Ratings from Aaa to Baa are considered investment-graded by Moody’s, and ratings from AAA to BBB are considered investment-graded by S&P. When rating agencies evaluate a credit rating, they also attach a “rating outlook” to each rating. “Positive” means that a rating may be raised, “Negative” means that a rating may be lowered, and “Stable” means that a rating is not likely to change.

ClassificationMoody’sS&PDefinition
Investment gradeAaa

AAA

Highest quality

Aa

AA

High quality (very strong)

A

A

Upper medium grade (strong)

Baa

BBB

Medium grade

Non-investment gradeBa

BB

Lower medium grade(somewhat speculative)

B

B

Low grade (speculative)

Caa

CCC


Poor quality (may default)

CaCCMost speculative
C

C

No Interest being paid or bankruptcy petition filed

-DIn default

Domestic credit rating

Rating agency

Bond

Current rating

Last evaluation date

KIS

AA

June 2023

KR

AA

May 2023

NICE

AA

May 2023

Bond rating definitions

There are 10 rating categories for bond ratings, from AAA to D. While obligors in rating categories AAA to BBB are considered investment-graded, having more than adequate abilities to meet their financial commitments in a timely fashion, those in rating categories BB to C are believed to contain speculative characteristics in terms of their redemption stability. Obligors in category D are in default.

Rating

Definition

AAA

An obligor rated 'AAA' has unquestionable capacity to redeem its financial obligations, and holds extremely low investment risks.

AA

An obligor rated 'AA' has strong capacity to redeem its financial obligations, although its solvency is relatively weaker than the obligors in the AAA category.

A

An obligor rated 'A' has satisfactory capacity to redeem its financial obligations, although it is somewhat more susceptible to the adverse effects of changes in its business and economic environments than the obligors in the AA rating categories.

BBB

An obligor rated 'BBB' has moderate capacity to redeem its financial obligations, although its capacity is more likely to be weakened by the adverse effects of changes in its business and economic environments than the obligors in the A category.

BB

An obligor rated 'BB' currently has the capacity to redeem its financial obligations. However, it's redemption stability contains speculative characteristics that it cannot be guaranteed in the long-term.

B

An obligor rated 'B' is speculative in meeting its financial commitments. Adverse circumstantial changes are likely to impair the obligor's capacity to pay the interests.

CCC

An obligor rated 'CCC' is highly speculative in meeting its financial commitments.

CC

An obligor rated 'CC' is more speculative than the obligors in the CCC category.

C

An obligor rated 'C' has a high default risk and no capacity for redemption.

An obligor rated 'D' is in default.