Financials S-1 Corporation

Equities

A012750

KR7012750006

Communications & Networking

End-of-day quote Korea S.E. Other stock markets 2025-07-10			5-day change	1st Jan Change
71,400.00 ^KRW	-0.83%		+1.13%	+20.61%

May. 15	S-1 Corporation Reports Earnings Results for the First Quarter Ended March 31, 2025	CI
Apr. 28	S-1's Net Attributable Income Rises 3.4% in Q1	MT

Projected Income Statement: S-1 Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	2,223	2,312	2,468	2,621	2,805	2,888	3,074	3,207
Change	-	4.01%	6.72%	6.19%	7.02%	2.97%	6.43%	4.33%
EBITDA ¹	370.3	348.7	375.3	387.2	382	398.5	410	419.1
Change	-	-5.84%	7.62%	3.16%	-1.33%	4.32%	2.89%	2.21%
EBIT ¹	204.5	179.7	204.1	212.6	209.2	220.7	236.9	245.8
Change	-	-12.13%	13.62%	4.15%	-1.58%	5.46%	7.37%	3.73%
Interest Paid ²	-1,357	-927.2	-1,871	-2,091	-1,661	-1,333	-1,333	-1,500
Earnings before Tax (EBT) ¹	187.4	170.7	200.8	216.3	221.4	230.9	254	260.6
Change	-	-8.88%	17.58%	7.72%	2.38%	4.3%	9.97%	2.6%
Net income ¹	142.1	129	151	189.5	176.7	176	190.6	197
Change	-	-9.22%	17.09%	25.45%	-6.73%	-0.43%	8.33%	3.36%
Announcement Date	1/27/21	1/28/22	1/31/23	1/26/24	1/24/25	-	-	-

¹KRW in Billions²KRW in Million

Estimates

Fiscal Period: December	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	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	559	547.4	583.2	560.5	582.6	573.8	595.7	590.5	625.5	621.9	630.1	632.6	648.7	645.4	694.1	662.8	695.6	682.8	763.5	674.1	717.3	716	772.9
Change	-	-2.07%	6.53%	-3.9%	3.95%	-1.52%	3.82%	-0.87%	5.93%	-0.58%	1.33%	0.4%	2.54%	-0.5%	7.53%	-4.5%	4.95%	-1.85%	11.82%	-11.71%	6.41%	-0.19%	7.95%
EBITDA ¹	105.9	-	87.88	-	103.1	93.68	53.99	-	95.94	55.49	80.92	-	98.05	97.29	86.05	-	95.33	103.4	91.01	98.22	96	99	89
Change	-	-	-	-	-	-9.12%	-42.37%	-	-	-42.16%	45.82%	-	-	-0.78%	-11.55%	-	-	8.49%	-12.01%	7.92%	-2.26%	3.12%	-10.1%
EBIT ¹	64.56	45.91	46.06	56.08	60.74	51.25	11.59	-	53.3	55.45	37.65	62.51	54.54	53.51	42.05	48.8	52.33	60.25	47.87	55.05	56.77	59.5	49.87
Change	-	-28.88%	0.32%	21.76%	8.31%	-15.64%	-77.38%	-	-	4.02%	-32.09%	66.02%	-12.74%	-1.89%	-21.42%	16.05%	7.24%	15.13%	-20.55%	15%	3.12%	4.82%	-16.19%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	61.96	41.49	37.2	54.63	59.83	48.97	7.307	-	-	-	36.69	63.09	54.2	55.22	43.75	54.34	55.97	59.04	52.05	55.05	58.55	57.9	50.9
Change	-	-33.03%	-10.33%	46.85%	9.51%	-18.15%	-85.08%	-	-	-	-	71.97%	-14.09%	1.88%	-20.78%	24.21%	3%	5.49%	-11.85%	5.76%	6.36%	-1.11%	-12.09%
Net income ¹	48.31	31.82	27.39	41.93	45.42	37.26	4.381	42.13	39.07	41.79	28.13	48.08	41.07	42.43	57.9	40.66	43.34	54.35	38.38	42.02	45.65	48.45	37.75
Change	-	-34.14%	-13.91%	53.08%	8.34%	-17.97%	-88.24%	861.74%	-7.27%	6.96%	-32.69%	70.91%	-14.57%	3.31%	36.47%	-29.78%	6.6%	25.39%	-29.38%	9.5%	8.63%	6.13%	-22.08%
Announcement Date	7/28/20	10/23/20	1/27/21	4/28/21	7/29/21	10/29/21	1/28/22	4/28/22	7/28/22	10/28/22	1/31/23	4/28/23	7/28/23	10/27/23	1/26/24	4/26/24	7/25/24	10/24/24	1/24/25	4/25/25	-	-	-

¹KRW in Billions

Estimates

Forecast Balance Sheet: S-1 Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	-457	-541	-380	-686	-774	-834	-936	-935
Change	-	-18.38%	29.76%	-80.53%	-12.83%	-7.73%	-12.23%	0.11%
Announcement Date	1/27/21	1/28/22	1/31/23	1/26/24	1/24/25	-	-	-

¹KRW in Billions

Estimates

Cash Flow Forecast: S-1 Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	140.5	155.7	137	155.4	155.7	160.1	167.7	171.8
Change	-	10.77%	-12.02%	13.48%	0.18%	2.81%	4.77%	2.42%
Free Cash Flow (FCF) ¹	205,885	177,633	140,497	212,936	220,924	201,250	209,600	220,133
Change	-	-13.72%	-20.91%	51.56%	3.75%	-8.91%	4.15%	5.03%
Announcement Date	1/27/21	1/28/22	1/31/23	1/26/24	1/24/25	-	-	-

¹KRW in Million

Estimates

Forecast Financial Ratios: S-1 Corporation

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	16.66%	15.08%	15.21%	14.77%	13.62%	13.8%	13.34%	13.07%
EBIT Margin (%)	9.2%	7.77%	8.27%	8.11%	7.46%	7.64%	7.71%	7.66%
EBT Margin (%)	8.43%	7.38%	8.13%	8.25%	7.89%	8%	8.26%	8.13%
Net margin (%)	6.39%	5.58%	6.12%	7.23%	6.3%	6.09%	6.2%	6.14%
FCF margin (%)	9,260.16%	7,681.48%	5,692.85%	8,124.83%	7,876.8%	6,968.43%	6,819.34%	6,864.88%
FCF / Net Income (%)	144,896.5%	137,708.83%	93,024.89%	112,381.07%	125,004.85%	114,359.59%	109,943.8%	111,720.12%
Profitability
ROA	7.68%	6.65%	7.46%	8.91%	7.85%	7.5%	7.9%	7.82%
ROE	10.48%	9.13%	10.18%	12.14%	10.85%	10.58%	10.94%	11%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	6.32%	6.73%	5.55%	5.93%	5.55%	5.54%	5.46%	5.36%
CAPEX / EBITDA (%)	37.95%	44.64%	36.49%	40.14%	40.76%	40.17%	40.9%	40.99%
CAPEX / FCF (%)	0.07%	0.09%	0.1%	0.07%	0.07%	0.08%	0.08%	0.08%
Items per share
Cash flow per share ¹	10,247	9,858	8,206	10,895	11,139	12,289	9,809	13,160
Change	-	-3.8%	-16.76%	32.77%	2.24%	10.33%	-20.18%	34.16%
Dividend per Share ¹	2,500	2,500	2,500	2,700	-	2,700	2,900	3,040
Change	-	0%	0%	8%	-	-	7.41%	4.83%
Book Value Per Share ¹	40,940	42,676	45,045	47,260	49,117	47,341	49,435	51,816
Change	-	4.24%	5.55%	4.92%	3.93%	-3.62%	4.42%	4.82%
EPS ¹	4,203	3,815	4,467	5,604	5,227	4,940	5,255	5,442
Change	-	-9.23%	17.09%	25.45%	-6.73%	-5.49%	6.38%	3.56%
Nbr of stocks (in thousands)	33,810	33,810	33,810	33,810	33,810	33,810	33,810	33,810
Announcement Date	1/27/21	1/28/22	1/31/23	1/26/24	1/24/25	-	-	-