Financials NHN KCP Corp.

Equities

End-of-day quote Korea S.E. Other stock markets 2025-01-24			5-day change	1st Jan Change
7,180.00 ^KRW	+0.84%		-1.37%	+1.13%

Nov. 14	NHN KCP Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	CI
Oct. 30	NHN KCP Corp. agreed to acquire an additional 30.18% stake in Korea Credit-Card Electronic-Settlement Service Co., Ltd. for KRW 13.0 billion	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	469.9	624.8	745.4	822.8	972	1,104	1,191	1,287
Change	-	32.97%	19.3%	10.38%	18.14%	13.61%	7.83%	8.11%
EBITDA ¹	40.14	45.99	48.5	49.13	46.94	46.97	52.25	59.36
Change	-	14.57%	5.44%	1.32%	-4.47%	0.06%	11.25%	13.61%
EBIT ¹	32.09	39.77	43.16	44.21	41.96	43.58	47.73	54.55
Change	-	23.93%	8.52%	2.42%	-5.09%	3.85%	9.53%	14.3%
Interest Paid ²	-	-1,920	-5,347	-3,971	-4,791	-4,200	-4,000	-3,700
Earnings before Tax (EBT) ¹	37.85	36.18	43.94	46.4	45	53.23	56.69	63.94
Change	-	-4.43%	21.46%	5.61%	-3.02%	18.28%	6.51%	12.78%
Net income ¹	24.9	30.01	30.42	34.92	34.77	40.55	43.73	49.22
Change	-	20.56%	1.37%	14.78%	-0.43%	16.61%	7.83%	12.57%
Announcement Date	3/2/20	2/8/21	2/9/22	2/10/23	2/13/24	-	-	-

¹KRW in Billions²KRW in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	135.2	142	148.7	159.2	174.9	167.3	182.5	194.3	201.4	191.6	199.2	209.7	222.3	226.4	234.2	243.1	268.4	268.2	275.9	272.4	287.3
Change	-	5.05%	4.73%	7.07%	9.86%	-4.39%	9.13%	6.44%	3.65%	-4.85%	3.95%	5.3%	5.97%	1.85%	3.44%	3.82%	10.38%	-0.07%	2.89%	-1.26%	5.45%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	9.058	7.973	9.781	11.23	10.78	9.123	11.23	11.15	11.66	8.527	10.48	13.17	12.03	8.967	10.95	9.645	12.39	11.16	11.65	8.786	11.73
Change	-	-11.98%	22.68%	14.85%	-3.99%	-15.41%	23.05%	-0.66%	4.56%	-26.88%	22.93%	25.62%	-8.62%	-25.47%	22.15%	-11.94%	28.5%	-9.92%	4.37%	-24.6%	33.49%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	-	9.714	-	-	-	-	-	-	-	11.8	15.49	9.773	10.93	12.74	11.63	9.699	16.45	15.07	10.52	12.1
Change	-	-	-	-100%	-	-	-	-	-	-	-	31.27%	-36.92%	11.81%	16.59%	-8.68%	-16.63%	69.57%	-8.38%	-30.17%	14.99%
Net income ¹	2.093	7.237	6.649	8.343	7.786	7.69	8.801	9.399	4.535	7.176	8.843	11.89	7.011	8.247	9.425	8.815	8.287	12.59	11.52	8.044	8.6
Change	-	245.84%	-8.12%	25.48%	-6.68%	-1.23%	14.45%	6.79%	-51.75%	58.24%	23.23%	34.49%	-41.05%	17.63%	14.28%	-6.47%	-5.99%	51.89%	-8.45%	-30.2%	6.91%
Announcement Date	3/2/20	5/8/20	8/7/20	11/12/20	2/8/21	5/13/21	8/13/21	11/9/21	2/9/22	5/9/22	8/9/22	11/8/22	2/10/23	5/11/23	8/10/23	11/9/23	2/13/24	5/9/24	8/6/24	11/12/24	-

¹KRW in Billions

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-112	-157	-211	-244	-288	-340	-377	-426
Change	-	-240.18%	-234.39%	-215.64%	-218.03%	-218.02%	-210.88%	-213%
Announcement Date	3/2/20	2/8/21	2/9/22	2/10/23	2/13/24	-	-	-

¹KRW in Billions

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	7.815	3.057	2.085	4.912	0.7864	4.067	2.56	2.86
Change	-	-60.89%	-31.77%	135.52%	-83.99%	417.16%	-37.05%	11.72%
Free Cash Flow (FCF) ¹	63,495	56,215	66,230	36,465	62,660	55,767	61,892	70,975
Change	-	-11.46%	17.81%	-44.94%	71.84%	-11%	10.98%	14.68%
Announcement Date	3/2/20	2/8/21	2/9/22	2/10/23	2/13/24	-	-	-

¹KRW in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	8.54%	7.36%	6.51%	5.97%	4.83%	4.25%	4.39%	4.61%
EBIT Margin (%)	6.83%	6.37%	5.79%	5.37%	4.32%	3.95%	4.01%	4.24%
EBT Margin (%)	8.05%	5.79%	5.89%	5.64%	4.63%	4.82%	4.76%	4.97%
Net margin (%)	5.3%	4.8%	4.08%	4.24%	3.58%	3.67%	3.67%	3.82%
FCF margin (%)	13,512.51%	8,996.77%	8,884.9%	4,431.96%	6,446.36%	5,049.83%	5,197.57%	5,513.01%
FCF / Net Income (%)	255,049.11%	187,294.27%	217,681.64%	104,414.15%	180,190.96%	137,521.01%	141,540.48%	144,187.67%
Profitability
ROA	8.41%	8.81%	7.75%	7.95%	7.13%	7.47%	7.81%	8.22%
ROE	20.45%	21.49%	19.22%	19.35%	16.73%	16.92%	15.87%	15.71%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	1.66%	0.49%	0.28%	0.6%	0.08%	0.37%	0.21%	0.22%
CAPEX / EBITDA (%)	19.47%	6.65%	4.3%	10%	1.68%	8.66%	4.9%	4.82%
CAPEX / FCF (%)	0.01%	0.01%	0%	0.01%	0%	0.01%	0%	0%
Items per share
Cash flow per share ¹	1,833	1,618	1,960	1,070	1,641	963.7	1,314	1,443
Change	-	-11.76%	21.18%	-45.42%	53.35%	-41.27%	36.37%	9.82%
Dividend per Share ¹	127.9	-	-	200	200	200	237.1	260
Change	-	-	-	-	0%	0%	18.57%	9.64%
Book Value Per Share ¹	3,272	4,204	4,516	4,940	5,565	6,385	7,268	8,278
Change	-	28.48%	7.43%	9.38%	12.67%	14.72%	13.84%	13.9%
EPS ¹	623.6	819	873	903	913	942.8	1,088	1,226
Change	-	31.34%	6.59%	3.44%	1.11%	3.27%	15.36%	12.68%
Nbr of stocks (in thousands)	39,874	39,326	38,481	38,666	38,666	38,666	38,666	38,666
Announcement Date	3/2/20	2/8/21	2/9/22	2/10/23	2/13/24	-	-	-