Income Statement KT Skylife Co., Ltd.

Equities

A053210

KR7053210001

Broadcasting

End-of-day quote Korea S.E. Other stock markets 2024-09-19			5-day change	1st Jan Change
4,905.00 ^KRW	+1.24%		+0.93%	-17.15%

Aug. 14	KT Skylife Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI
Jul. 23	Hogak Co., Ltd. announced that it expects to receive KRW 6.8 billion in funding from KT Skylife Co., Ltd.	CI

a6187ec0c13bc642e4184dba0.OH1QF-IX1zpzXcKXKacSBNXp58MpaJ0dS2teh_Vfqe4.ZxcRXZV5nwoEH4rObd8qXYOwtZJ2Ia5TAgIPwLIR6Nx1UBdvlF-uTSkVgw

Published financial data: KT SKYLIFE CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	695B	699B	763B	1,034B	1,026B
Total Revenues	695B	699B	763B	1,034B	1,026B
Cost of Goods Sold, Total	30.78B	34.1B	22.55B	44.69B	1.96B
Gross Profit	664B	665B	741B	990B	1,024B
Selling General & Admin Expenses, Total	493B	491B	565B	788B	814B
Provision for Bad Debts	10.18B	20.13B	13.48B	12.24B	20.34B
Depreciation & Amortization - (IS)	72.62B	64.86B	64.08B	76.4B	69.19B
Amortization of Goodwill and Intangible Assets - (IS)	22.37B	20.07B	27.16B	51.19B	107B
Other Operating Expenses, Total	598B	597B	670B	928B	1,011B
Operating Income	65.92B	68.09B	70.8B	61.39B	12.18B
Interest Expense, Total	-979M	-255M	-2.21B	-5.6B	-5.44B
Interest And Investment Income	7.57B	8.72B	7.37B	7.46B	7.19B
Net Interest Expenses	6.59B	8.46B	5.16B	1.86B	1.74B
Income (Loss) On Equity Invest.	-152M	-1.14B	3.66B	-	1.86B
Currency Exchange Gains (Loss)	-14.81M	41.94M	-6.81M	-6.66M	-6.44M
Other Non Operating Income (Expenses)	8.7B	7.01B	2.95B	2.33B	-3.08B
EBT, Excl. Unusual Items	81.05B	82.47B	82.55B	65.58B	12.69B
Impairment of Goodwill	-	-	-	-24.01B	-111B
Gain (Loss) On Sale Of Investments	1.23M	135M	38.3M	-807M	-1.42B
Gain (Loss) On Sale Of Assets	-4.21B	-3.7B	-692M	-5.46B	-3.14B
Asset Writedown	-32.88M	-50M	-	-1.88B	-5.98B
EBT, Incl. Unusual Items	76.81B	78.85B	81.9B	33.43B	-108B
Income Tax Expense	20.8B	20.66B	19.59B	10.35B	5.27B
Earnings From Continuing Operations	56.01B	58.19B	62.31B	23.09B	-114B
Net Income to Company	56.01B	58.19B	62.31B	23.09B	-114B
Minority Interest	-1.45B	-972M	-2.11B	-719M	15.85B
Net Income - (IS)	54.56B	57.22B	60.2B	22.37B	-97.89B
Net Income to Common Incl Extra Items	54.56B	57.22B	60.2B	22.37B	-97.89B
Net Income to Common Excl. Extra Items	54.56B	57.22B	60.2B	22.37B	-97.89B
Per Share Items
Net EPS - Basic	1.15K	1.2K	1.27K	470.11	-2.07K
Basic EPS - Continuing Operations	1.15K	1.2K	1.27K	470.11	-2.07K
Basic Weighted Average Shares Outstanding	47.56M	47.56M	47.57M	47.58M	47.4M
Net EPS - Diluted	1.15K	1.2K	1.27K	470	-2.07K
Diluted EPS - Continuing Operations	1.15K	1.2K	1.27K	470	-2.07K
Diluted Weighted Average Shares Outstanding	47.56M	47.56M	47.57M	47.58M	47.4M
Normalized Basic EPS	1.03K	1.06K	1.04K	846.32	501.78
Normalized Diluted EPS	1.03K	1.06K	1.04K	846.32	501.78
Dividend Per Share	350	350	350	350	350
Payout Ratio	30.51	29.09	27.65	74.45	-17.01
Supplemental Items
EBITDA	161B	153B	162B	189B	189B
EBITA	88.3B	88.16B	97.96B	113B	120B
EBIT	65.92B	68.09B	70.8B	61.39B	12.18B
EBITDAR	161B	153B	162B	189B	189B
Effective Tax Rate - (Ratio)	27.08	26.2	23.92	30.94	-4.86
Normalized Net Income	49.21B	50.57B	49.48B	40.27B	23.78B
Supplemental Operating Expense Items
Advertising Expense	29.93B	12.45B	36.67B	42.36B	38.24B
Selling and Marketing Expenses	184B	167B	191B	259B	244B
General and Administrative Expenses	35.01B	34.31B	102B	177B	191B
Net Rental Expense, Total	217M	138M	165M	267M	236M
Imputed Operating Lease Interest Expense	307M	33.2M	21.92M	49.34M	50.95M
Imputed Operating Lease Depreciation	-89.62M	105M	143M	217M	185M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	63.85B	99.83B	80.67B	98.69B	130B
Short Term Investments	100	-	-	-	-
Trading Asset Securities, Total	234B	228B	103B	46.44B	44.24B
Total Cash And Short Term Investments	298B	328B	184B	145B	174B
Accounts Receivable, Total	102B	94.73B	128B	147B	144B
Total Receivables	102B	94.73B	128B	147B	144B
Inventory	2.62B	2.19B	2.77B	5.52B	1.84B
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	56.84B	55.82B	93.73B	108B	105B
Total Current Assets	459B	480B	408B	406B	425B
Gross Property Plant And Equipment	760B	779B	1,083B	1,014B	1,016B
Accumulated Depreciation	-517B	-559B	-791B	-723B	-752B
Net Property Plant And Equipment	243B	220B	292B	291B	263B
Long-term Investments	22.82B	19.67B	33.8B	49.93B	26.95B
Goodwill	-	-	253B	242B	131B
Other Intangibles, Total	60.98B	64.29B	201B	248B	253B
Accounts Receivable Long-Term	11.76B	29.08B	27.32B	26.01B	24.54B
Deferred Tax Assets Long-Term	2.18B	8.73B	1.89B	4.13B	2.18B
Other Long-Term Assets, Total	48.71B	97.27B	58.63B	93.87B	89.02B
Total Assets	848B	919B	1,276B	1,361B	1,216B
Liabilities
Short-term Borrowings	3B	3.2B	100B	45.7B	-
Current Portion of Long-Term Debt	-	-	-	-	99.96B
Current Portion of Leases	2.04B	2.28B	2.99B	5.66B	5.56B
Current Income Taxes Payable	11.98B	18.06B	6.65B	12.93B	4.2B
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	106B	130B	140B	210B	244B
Total Current Liabilities	123B	153B	250B	275B	354B
Long-Term Debt	-	-	150B	150B	49.93B
Long-Term Leases	2.74B	3.75B	4.57B	25.31B	21.71B
Unearned Revenue Non Current	-	-	-	-	-
Pension & Other Post Retirement Benefits	8.34B	11.46B	12.26B	4.3B	4.97B
Deferred Tax Liability Non Current	1.1B	-	44.9B	40.8B	38.57B
Other Non Current Liabilities	7.16B	6.59B	8.65B	8.86B	9.59B
Total Liabilities	142B	175B	470B	504B	479B
Preferred Stock Redeemable	950M	-	-	-	-
Total Preferred Equity	950M	-	-	-	-
Common Stock, Total	120B	120B	120B	120B	120B
Additional Paid In Capital	163B	164B	162B	175B	175B
Retained Earnings	423B	465B	512B	534B	414B
Treasury Stock	-7.49B	-7.49B	-7.12B	-6.9B	-6.74B
Comprehensive Income and Other	646M	-3.83B	5.22B	2.27B	-569M
Total Common Equity	699B	737B	792B	824B	701B
Minority Interest	6.29B	7.27B	14.13B	33.34B	35.88B
Total Equity	706B	744B	806B	858B	737B
Total Liabilities And Equity	848B	919B	1,276B	1,361B	1,216B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	47.56M	47.56M	47.58M	47.58M	47.29M
ECS Total Common Shares Outstanding	47.56M	47.56M	47.58M	47.58M	47.29M
Book Value / Share	14.7K	15.5K	16.64K	17.32K	14.83K
Tangible Book Value	638B	673B	338B	334B	316B
Tangible Book Value Per Share	13.42K	14.15K	7.11K	7.03K	6.69K
Total Debt	7.78B	9.23B	257B	226B	177B
Net Debt	-290B	-318B	73.66B	81.31B	3.17B
Debt Equivalent Oper. Leases	1.74B	1.11B	1.32B	2.13B	1.89B
Minority Interest, Total (Incl. Fin. Div)	6.29B	7.27B	14.13B	33.34B	35.88B
Equity Method Investments, Total	9.95B	13.01B	14.44B	15.07B	14.98B
Inventories - Finished Goods, Total	2.83B	2.19B	2.78B	5.53B	2.01B
Inventories - Others	400	-	-330	-150	30
Land - (BS)	9.32B	9.32B	27.63B	23.1B	23.05B
Buildings, Total	20.38B	20.38B	30.99B	24.01B	24.02B
Machinery, Total	221B	227B	366B	299B	299B
Accumulated Allowance for Doubtful Accounts (Supple)	20.35B	35.09B	43.67B	46.36B	34.41B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	54.56B	57.22B	60.2B	22.37B	-97.89B
Depreciation & Amortization - CF	72.62B	64.86B	64.08B	76.4B	69.19B
Amortization of Goodwill and Intangible Assets - (CF)	22.37B	20.07B	27.16B	51.19B	107B
Depreciation & Amortization, Total	94.99B	84.93B	91.24B	128B	177B
(Gain) Loss From Sale Of Asset	4.21B	3.7B	-1.62B	5.46B	3.14B
(Gain) Loss on Sale of Investments - (CF)	-1.23M	-135M	-38.3M	60.43M	316M
Asset Writedown & Restructuring Costs	32.88M	50M	-	25.89B	117B
(Income) Loss On Equity Investments - (CF)	152M	1.14B	-1.34B	746M	-756M
Stock-Based Compensation (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	6.75B	14.38B	11.26B	10.44B	18.45B
Other Operating Activities, Total	4.3B	10.24B	-1.95B	9.95B	-13.21B
Change In Accounts Receivable	10.98B	1.47B	-13.91B	-23.8B	-5.96B
Change In Inventories	3.03B	1.77B	-309M	-2.75B	-481M
Change In Accounts Payable	-5.94B	-1.02B	-1.89B	-4.93B	-1.26B
Change in Unearned Revenues	752M	-165M	-1.64B	-2.06B	1.13B
Change in Other Net Operating Assets	-21.26B	-13.41B	-37.04B	7.45B	10.45B
Cash from Operations	153B	160B	103B	176B	207B
Capital Expenditure	-43.54B	-43.03B	-46.39B	-59.95B	-47.74B
Sale of Property, Plant, and Equipment	221M	170M	223M	581M	237M
Cash Acquisitions	-	-52.01B	-406B	-4.52B	-
Sale (Purchase) of Real Estate properties	-	-	4.46B	-	-
Sale (Purchase) of Intangible assets	-21.8B	-22.4B	-34.11B	-50.02B	-97.4B
Investment in Marketable and Equity Securities, Total	-36.57B	12.04B	131B	35.48B	21.5B
Net (Increase) Decrease in Loans Originated / Sold - Investing	99.06M	-62.58M	-906M	-201M	648M
Other Investing Activities, Total	-10	755M	-398M	-300M	-2.58B
Cash from Investing	-102B	-105B	-352B	-78.93B	-125B
Short Term Debt Issued, Total	-	200M	-	-	-
Long-Term Debt Issued, Total	-	-	250B	106B	56.6B
Total Debt Issued	-	200M	250B	106B	56.6B
Short Term Debt Repaid, Total	-	-950M	-	-	-
Long-Term Debt Repaid, Total	-2.19B	-2.25B	-2.9B	-169B	-107B
Total Debt Repaid	-2.19B	-3.2B	-2.9B	-169B	-107B
Repurchase of Common Stock	-	-	-	-	-2.4B
Common & Preferred Stock Dividends Paid	-16.65B	-16.65B	-16.65B	-16.65B	-16.65B
Common & Preferred Stock Dividends Paid	-16.65B	-16.65B	-16.65B	-16.65B	-16.65B
Other Financing Activities, Total	-	-	-15.54M	-	18.56B
Cash from Financing	-18.83B	-19.65B	230B	-79.45B	-50.81B
Foreign Exchange Rate Adjustments	-204K	-7.04M	-3.65M	-1.01M	-
Miscellaneous Cash Flow Adjustments	-	10	10	-10	150
Net Change in Cash	32.12B	35.98B	-19.16B	18.02B	31.05B
Supplemental Items
Cash Interest Paid	181M	269M	2.77B	4.65B	5.04B
Cash Income Tax Paid (Refund)	26.54B	21.41B	31.45B	9.46B	12.53B
Levered Free Cash Flow	84.65B	101B	-19.68B	92.8B	70.95B
Unlevered Free Cash Flow	85.26B	101B	-18.3B	96.29B	74.35B
Change In Net Working Capital	-14.41B	-38.85B	73.28B	-40.31B	-35.22B
Net Debt Issued / Repaid	-2.19B	-3B	247B	-62.8B	-50.32B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.95	4.81	4.03	2.91	0.59
Return on Total Capital	5.96	5.8	4.87	3.57	0.76
Return On Equity %	8.16	8.02	8.04	2.78	-14.27
Return on Common Equity	8.02	7.97	7.87	2.77	-12.83
Margin Analysis
Gross Profit Margin %	95.57	95.12	97.04	95.68	99.81
SG&A Margin	70.94	70.34	74.05	76.22	79.41
EBITDA Margin %	23.17	21.9	21.23	18.27	18.41
EBITA Margin %	12.71	12.62	12.83	10.89	11.67
EBIT Margin %	9.49	9.75	9.28	5.94	1.19
Income From Continuing Operations Margin %	8.06	8.33	8.16	2.23	-11.09
Net Income Margin %	7.85	8.19	7.89	2.16	-9.54
Net Avail. For Common Margin %	7.85	8.19	7.89	2.16	-9.54
Normalized Net Income Margin	7.08	7.24	6.48	3.89	2.32
Levered Free Cash Flow Margin	12.19	14.42	-2.58	8.97	6.92
Unlevered Free Cash Flow Margin	12.27	14.44	-2.4	9.31	7.25
Asset Turnover
Asset Turnover	0.83	0.79	0.7	0.78	0.8
Fixed Assets Turnover	2.72	3.02	2.98	3.55	3.7
Receivables Turnover (Average Receivables)	6.36	7.11	6.84	7.5	7.04
Inventory Turnover (Average Inventory)	6.08	14.19	9.09	10.77	1.28
Short Term Liquidity
Current Ratio	3.75	3.14	1.64	1.48	1.2
Quick Ratio	3.26	2.76