KOREA INFORMATION CERTIFICATE AUTHORITY, INC.

Balance Sheet Korea Information Certificate Authority, Inc.

Equities

A053300

KR7053300000

Software

End-of-day quote Korea S.E. Other stock markets 2024-09-11			5-day change	1st Jan Change
3,810.00 ^KRW	0.00%		-12.01%	-27.84%

05-01	Korea Information Certificate Authority, Inc. completed the acquisition of 80.96% stake in DigitalZone CO., Ltd. from Sang-Won Shim, Jeong-Woo Jeon and 5 others.	CI
2023	Korea Information Certificate Authority, Inc.(KOSDAQ:A053300) dropped from S&P Global BMI Index	CI

962b5ea92.6CF6XzG0KAvh49q0KcJcE9FaPN38JWyKhpQftOvXFY8.0GQVPkTQGk3YkrWGWbgoXYM7ZKvREh_49P1e0JmtWvW5eA9nW9pYWoaxjw

Published financial data: KOREA INFORMATION CERTIFICATE AUTHORITY, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	42.61B	45.71B	58.87B	87.83B	92.22B
Total Revenues	42.61B	45.71B	58.87B	87.83B	92.22B
Cost of Goods Sold, Total	1.77B	1.76B	4.09B	2.73B	3.7B
Gross Profit	40.83B	43.96B	54.78B	85.1B	88.52B
Selling General & Admin Expenses, Total	27.88B	29.92B	37.98B	60.31B	63.38B
Provision for Bad Debts	-14.23M	-	-	23.19M	273M
R&D Expenses	1.12B	1.55B	1.85B	2.41B	3.08B
Depreciation & Amortization - (IS)	1.44B	1.33B	2.09B	3.68B	4.26B
Amortization of Goodwill and Intangible Assets - (IS)	1.06B	735M	1.18B	2.38B	2.78B
Other Operating Expenses	75.18M	-	-	583M	776M
Other Operating Expenses, Total	31.56B	33.53B	43.11B	69.38B	74.55B
Operating Income	9.27B	10.42B	11.67B	15.71B	13.97B
Interest Expense, Total	-22.16M	-24.17M	-43.65M	-86.34M	-308M
Interest And Investment Income	1.36B	1.15B	1.5B	2.28B	2.84B
Net Interest Expenses	1.34B	1.12B	1.46B	2.19B	2.54B
Income (Loss) On Equity Invest.	-585M	1.52B	3.71B	-5.44B	1.69B
Currency Exchange Gains (Loss)	12.15M	-18.17M	-62.01M	23.51M	36.67M
Other Non Operating Income (Expenses)	-3.44M	183M	71.23M	-41.15M	3.59M
EBT, Excl. Unusual Items	10.03B	13.23B	16.85B	12.44B	18.24B
Gain (Loss) On Sale Of Investments	-323M	-666M	-698M	-2.2B	-1.13B
Gain (Loss) On Sale Of Assets	-26.4M	772K	-22.64M	-48.89M	-117M
Asset Writedown	-	-	-	-1.42B	-5.29B
EBT, Incl. Unusual Items	9.68B	12.57B	16.12B	8.78B	11.71B
Income Tax Expense	2.54B	2.81B	3.57B	2.09B	1.63B
Earnings From Continuing Operations	7.14B	9.75B	12.55B	6.68B	10.08B
Net Income to Company	7.14B	9.75B	12.55B	6.68B	10.08B
Minority Interest	-	-	24.6M	-491M	-809M
Net Income - (IS)	7.14B	9.75B	12.58B	6.19B	9.27B
Net Income to Common Incl Extra Items	7.14B	9.75B	12.58B	6.19B	9.27B
Net Income to Common Excl. Extra Items	7.14B	9.75B	12.58B	6.19B	9.27B
Per Share Items
Net EPS - Basic	229.11	312.95	370.71	153.28	229.37
Basic EPS - Continuing Operations	229.11	312.95	370.71	153.28	229.37
Basic Weighted Average Shares Outstanding	31.16M	31.16M	33.92M	40.41M	40.41M
Net EPS - Diluted	229	312.95	370.71	153	229
Diluted EPS - Continuing Operations	229	312.95	370.71	153	229
Diluted Weighted Average Shares Outstanding	31.16M	31.16M	33.92M	40.41M	40.41M
Normalized Basic EPS	201.2	265.35	311.08	180.27	262.15
Normalized Diluted EPS	201.2	265.35	311.08	180.27	262.15
Dividend Per Share	100	100	120	120	70
Payout Ratio	34.92	31.95	24.78	89.01	59.89
Supplemental Items
EBITDA	11.77B	12.49B	14.98B	21.77B	21.05B
EBITA	10.33B	11.16B	12.86B	18.09B	16.75B
EBIT	9.27B	10.42B	11.67B	15.71B	13.97B
EBITDAR	12.14B	12.89B	15.46B	22.28B	21.7B
Effective Tax Rate - (Ratio)	26.26	22.39	22.16	23.85	13.91
Normalized Net Income	6.27B	8.27B	10.55B	7.28B	10.59B
Supplemental Operating Expense Items
Advertising Expense	354M	-	-	498M	238M
Selling and Marketing Expenses	18.51B	20.49B	23.31B	26.63B	28.14B
General and Administrative Expenses	1.5B	286M	605M	1.96B	2.64B
Research And Development Expense From Footnotes	1.12B	1.55B	1.85B	2.41B	3.08B
Net Rental Expense, Total	369M	409M	476M	513M	654M
Imputed Operating Lease Interest Expense	-	66.7M	80.92M	137M	869M
Imputed Operating Lease Depreciation	-	342M	395M	376M	-215M
Maintenance & Repair Expenses, Total	1.15B	1.2B	1.16B	1.51B	1.75B
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	258M	221M
Total Stock-Based Compensation	-	-	-	258M	221M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	5.35B	9.64B	20.05B	16.91B	30.59B
Short Term Investments	48.43B	54.06B	63.53B	60.69B	31.37B
Trading Asset Securities, Total	8.31B	3.38B	25.11B	7.22B	8.82B
Total Cash And Short Term Investments	62.08B	67.08B	109B	84.81B	70.78B
Accounts Receivable, Total	2.27B	1.47B	24.7B	35.4B	57.6B
Other Receivables	575M	513M	2.94B	1.08B	1.46B
Notes Receivable	60.33M	62M	94.67M	1.14B	126M
Total Receivables	2.91B	2.05B	27.73B	37.61B	59.18B
Inventory	34.44M	6.63M	611M	1.24B	705M
Prepaid Expenses	7.44B	8.67B	9.2B	9.8B	9.65B
Other Current Assets, Total	780M	1.82B	8.64B	12.78B	14.57B
Total Current Assets	73.24B	79.62B	155B	146B	155B
Gross Property Plant And Equipment	24.78B	26.44B	40.34B	51.33B	66.48B
Accumulated Depreciation	-13.06B	-13.22B	-14.43B	-15.88B	-16.03B
Net Property Plant And Equipment	11.72B	13.22B	25.91B	35.45B	50.44B
Long-term Investments	20.08B	21.69B	45.27B	56.21B	53.56B
Goodwill	-	-	16.34B	19.4B	25.77B
Other Intangibles, Total	1.61B	2.27B	17.64B	17.93B	26.72B
Accounts Receivable Long-Term	3.49M	-	3.5M	-	3.57M
Loans Receivable Long-Term	609M	208M	689M	711M	625M
Deferred Tax Assets Long-Term	49.99M	269M	926M	912M	1.02B
Deferred Charges Long-Term	1.52B	1.07B	1.42B	1.73B	3.52B
Other Long-Term Assets, Total	347M	416M	2.27B	2.23B	10.28B
Total Assets	109B	119B	265B	281B	327B
Liabilities
Accounts Payable, Total	1.49B	1.61B	14.11B	25.2B	47.85B
Accrued Expenses, Total	343M	454M	986M	1B	1.47B
Current Portion of Leases	407M	392M	1.51B	1.5B	1.02B
Current Income Taxes Payable	1.7B	1.58B	2.18B	3.08B	1.28B
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	18.24B	22.16B	28.95B	28.94B	43.13B
Total Current Liabilities	22.19B	26.2B	47.73B	59.71B	94.74B
Long-Term Leases	830M	742M	1.46B	696M	495M
Pension & Other Post Retirement Benefits	251M	-	1.87B	1.71B	2.13B
Deferred Tax Liability Non Current	39.75M	306M	4.85B	2.7B	4.96B
Other Non Current Liabilities	655M	817M	1.89B	2.25B	2.69B
Total Liabilities	23.96B	28.06B	57.81B	67.07B	105B
Common Stock, Total	15.58B	15.58B	20.89B	20.89B	20.89B
Additional Paid In Capital	22.14B	22.14B	89.75B	90.26B	90.26B
Retained Earnings	46.87B	53.51B	63.25B	65.21B	69.22B
Treasury Stock	-	-	-5.24B	-5.24B	-5.24B
Comprehensive Income and Other	637M	-521M	269M	595M	776M
Total Common Equity	85.23B	90.71B	169B	172B	176B
Minority Interest	-	-	38.61B	42.04B	45.89B
Total Equity	85.23B	90.71B	208B	214B	222B
Total Liabilities And Equity	109B	119B	265B	281B	327B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	31.16M	31.16M	40.41M	40.41M	40.41M
ECS Total Common Shares Outstanding	31.16M	31.16M	40.41M	40.41M	40.41M
Book Value / Share	2.73K	2.91K	4.18K	4.25K	4.35K
Tangible Book Value	83.61B	88.44B	135B	134B	123B
Tangible Book Value Per Share	2.68K	2.84K	3.34K	3.33K	3.05K
Total Debt	1.24B	1.13B	2.97B	2.19B	1.52B
Net Debt	-60.85B	-65.94B	-106B	-82.62B	-69.26B
Debt Equivalent Oper. Leases	2.95B	3.27B	3.81B	4.11B	5.23B
Minority Interest, Total (Incl. Fin. Div)	-	-	38.61B	42.04B	45.89B
Equity Method Investments, Total	14.66B	15.86B	35.61B	29.2B	29.74B
Inventories - Raw Materials, Total	-	-	208M	750M	185M
Inventories - Finished Goods, Total	43.69M	33.63M	429M	489M	520M
Inventories - Others	80	-40	90	1.2K	-520
Land - (BS)	1.6B	1.6B	1.69B	1.69B	8.29B
Buildings, Total	5.86B	5.86B	6.01B	7.03B	39B
Machinery, Total	11.82B	11.99B	15.65B	16.91B	16.24B
Accumulated Allowance for Doubtful Accounts (Supple)	116M	134M	1.68B	-	-

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	7.14B	9.75B	12.58B	6.19B	9.27B
Depreciation & Amortization - CF	1.44B	1.33B	2.12B	3.68B	4.3B
Amortization of Goodwill and Intangible Assets - (CF)	1.06B	735M	1.19B	2.38B	2.78B
Depreciation & Amortization, Total	2.5B	2.06B	3.31B	6.06B	7.07B
(Gain) Loss From Sale Of Asset	26.4M	-772K	22.64M	48.89M	117M
(Gain) Loss on Sale of Investments - (CF)	-	432K	-145M	1.17B	-658M
Asset Writedown & Restructuring Costs	-	-	-	1.42B	5.29B
(Income) Loss On Equity Investments - (CF)	908M	-858M	-2.87B	6.47B	97.8M
Stock-Based Compensation (CF)	-	-	14.72M	258M	221M
Provision and Write-off of Bad Debts	-14.23M	17.9M	58.73M	23.19M	273M
Other Operating Activities, Total	309M	879M	648M	1.09B	-370M
Change In Accounts Receivable	-903M	770M	396M	-10.66B	-21.79B
Change In Inventories	-4.15M	10.06M	-249M	-628M	534M
Change In Accounts Payable	264M	121M	-12.41M	11.09B	22.65B
Change in Unearned Revenues	-	-	-	-	-
Change in Other Net Operating Assets	545M	1.18B	1.53B	-3.47B	1.01B
Cash from Operations	10.77B	13.94B	15.29B	19.06B	23.71B
Capital Expenditure	-1.41B	-2.18B	-4.88B	-12.06B	-21.56B
Sale of Property, Plant, and Equipment	-	808K	43.5K	8.15M	8.94B
Cash Acquisitions	-	-	18.32B	15.34M	-19.47B
Sale (Purchase) of Intangible assets	592M	-888M	-1.34B	-3.83B	-1.63B
Investment in Marketable and Equity Securities, Total	-6B	-2.9B	-15.44B	1.4B	31.41B
Net (Increase) Decrease in Loans Originated / Sold - Investing	182M	9.28M	-99.86M	-1.06B	1.14B
Other Investing Activities, Total	-	30	10	-	-1B
Cash from Investing	-6.64B	-5.96B	-3.45B	-15.53B	-2.16B
Short Term Debt Issued, Total	-	-	-	2.8B	23.04B
Total Debt Issued	-	-	-	2.8B	23.04B
Short Term Debt Repaid, Total	-	-	-	-2.8B	-23.04B
Long-Term Debt Repaid, Total	-517M	-531M	-866M	-1.72B	-2.17B
Total Debt Repaid	-517M	-531M	-866M	-4.52B	-25.21B
Issuance of Common Stock	-	-	-	5.85M	-
Repurchase of Common Stock	-	-	-5.24B	-6.76K	-
Common & Preferred Stock Dividends Paid	-2.49B	-3.12B	-3.12B	-5.51B	-5.55B
Common & Preferred Stock Dividends Paid	-2.49B	-3.12B	-3.12B	-5.51B	-5.55B
Other Financing Activities, Total	12M	-240	7.17B	-6.12M	-10
Cash from Financing	-3B	-3.65B	-2.05B	-7.23B	-7.72B
Foreign Exchange Rate Adjustments	3.63M	-33.84M	623M	561M	-147M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	1.14B	4.29B	10.41B	-3.14B	13.68B
Supplemental Items
Cash Interest Paid	22.16M	24.17M	42.88M	82.98M	306M
Cash Income Tax Paid (Refund)	2.68B	2.6B	2.92B	3.56B	3.97B
Levered Free Cash Flow	7.07B	8.13B	-8.86B	-3.07B	5.48B
Unlevered Free Cash Flow	7.08B	8.15B	-8.84B	-3.02B	5.68B
Change In Net Working Capital	396M	-2.64B	13.22B	3.26B	-12.84B
Net Debt Issued / Repaid	-517M	-531M	-866M	-1.72B	-2.17B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.52	5.71	3.8	3.6	2.87
Return on Total Capital	6.96	7.31	4.83	4.6	3.98
Return On Equity %	8.65	11.09	8.42	3.17	4.63
Return on Common Equity	8.65	11.09	9.69	3.64	5.33
Margin Analysis
Gross Profit Margin %	95.83	96.16	93.05	96.89	95.99
SG&A Margin	65.45	65.46	64.51	68.67	68.72
EBITDA Margin %	27.62	27.31	25.45	24.79	22.82
EBITA Margin %	24.24	24.4	21.85	20.6	18.16
EBIT Margin %	21.76	22.8	19.83	17.89	15.15
Income From Continuing Operations Margin %	16.76	21.34	21.32	7.61	10.93
Net Income Margin %	16.76	21.34	21.36	7.05	10.05
Net Avail. For Common Margin %	16.76	21.34	21.36	7.05	10.05
Normalized Net Income Margin	14.72	18.09	17.93	8.29	11.49
Levered Free Cash Flow Margin	16.59	17.79	-15.05	-3.5	5.95
Unlevered Free Cash Flow Margin	16.62	17.82	-15.01	-3.44	6.16
Asset Turnover
Asset Turnover