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  • Financial Info

    Kumyang will co-exist and prosper with our customers by prioritizing the customer value

Kumyang Trusted by Its Transparent Management

We promise our shareholders and stakeholders that we will deliver sustainable growth of the company.

Summary Statement of Financial Position

※ Unit: $M

Summary Statement of Financial Position
Category Consolidated Financial Statement Separate Financial Statements
2020 2021 2022 2020 2021 2022
Current Assets 116 165 116 45 90 70
Noncurrent Assets 86 101 107 102 108 127
Total Assets 202 266 223 147 197 197
Current Liabilities 74 108 82 57 89 77
Noncurrent Liabilities 55 59 45 47 59 44
Total Liabilities 129 167 127 105 147 122
Equity Attributable to Owners of the Parent Company 73 99 96 0 0 0
Capital 20 21 23 20 21 23
Capital Surplus 23 30 54 23 30 54
Other Capital Items -1 -1 -1 -1 -1 -1
Accumulated Other Comprehensive Income 11 20 14 14 12 12
Retained Earnings 21 30 6 -13 -12 -13
Non-Controlling Interests 1 0 0 0 0 0
Total Equity 73 99 96 44 50 75

The Statement of Comprehensive Income

※ Unit: $M

The Statement of Comprehensive Income
Category Calculation of Consolidated Comprehensive Income Calculation of Separate Comprehensive Income
2020 2021 2022 2020 2021 2022
Sales 149 190 165 102 153 141
Cost of Sales 122 153 123 87 133 113
Gross Profit 26 37 42 15 20 28
Selling and Administrative Expenses 21 26 32 12 14 19
Operating Income 6 11 10 3 6 9
Other Income 1 1 2 0 0 0
Other Expenses 4 2 8 3 2 7
Financial Income 2 2 6 2 2 5
Financial Expenses 7 7 11 7 6 10
Earnings Before Income Taxes -3 5 1 -4 0 -2
Income Tax Expense 0 -8 1 -1 0 0
Net Income (Loss) -3 12 -23 -3 0 -3
Other Comprehensive Income 0 10 0 0 0 1
Total Comprehensive Income -3 22 -22 -3 0 -2

Dividend Policy

In accordance with the articles of incorporation, the company pays dividends through the resolution of the board of directors and the general shareholders' meeting.
The decision is made by comprehensively considering matters such as the size of profits, securing investment resources for future growth, maintaining the soundness of the financial structure, and returning profits to shareholders.
We plan to maintain the dividend level that can satisfy both the improvement of the company's financial structure and the increase in shareholder value through continuous growth and profit creation.

Matters Concerning Dividends for the Last 3 Business Years

Matters Concerning Dividends for the Last 3 Business Years
Category 2020 2021 2022
Face Value of a Share of Stock (KRW) 500 500 500
(Consolidated) Net Income (KRW million) -3,937 13,332 -29,131
Earnings Per Share (KRW) -95 295 -575
Total Cash Dividends (KRW million) - - -
(Consolidated) Cash Dividend Payout Ratio (%) - - -
Cash Dividend Yield (%) Common Stock - - -
Preferred Sock - - -
Cash Earnings Per Share (%) Common Stock - - -
Preferred Sock - - -
Cash Dividend Per Share (KRW) Common Stock - - -
Preferred Sock - - -
Stock Dividend Per Share (Shares) Common Stock - - -
Preferred Sock - - -