Income Statement TBC

Stocks

A033830

KR7033830001

Broadcasting

End-of-day quote Korea S.E. 2026-08-21			5-day change	1st Jan Change
1,616.00 ^KRW	-0.92%		-3.00%	-47.10%

06-12	WINNERS & LOSERS: Oil majors fall, airlines up on US-Iran peace hopes	AN
05-12	TBC Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: TBC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	42.84B	42.48B	43.51B	40.28B	42.69B
Other Revenues, Total	-	-10	-	-	-
Total Revenues	42.84B	42.48B	43.51B	40.28B	42.69B
Cost of Goods Sold, Total	30.29B	30.6B	32.91B	33.38B	35.46B
Gross Profit	12.55B	11.89B	10.59B	6.9B	7.24B
Selling General & Admin Expenses, Total	6.95B	6.43B	5.87B	4.94B	5.23B
Provision for Bad Debts	-108M	-	-	-5.45M	-
Depreciation & Amortization - (IS)	138M	146M	156M	164M	163M
Other Operating Expenses	1.14B	1.26B	426M	342M	356M
Other Operating Expenses, Total	8.12B	7.84B	6.46B	5.44B	5.75B
Operating Income	4.44B	4.05B	4.14B	1.46B	1.48B
Interest Expense, Total	-8.79M	-8.41M	-11.54M	-19.12M	-15.75M
Interest And Investment Income	1.34B	2.09B	3.11B	3B	2.73B
Net Interest Expenses	1.33B	2.08B	3.1B	2.98B	2.71B
Income (Loss) On Equity Invest.	-	-	-	-	-
Other Non Operating Income (Expenses)	452M	360M	226M	119M	211M
EBT, Excl. Unusual Items	6.22B	6.5B	7.46B	4.56B	4.41B
Gain (Loss) On Sale Of Investments	-	-	301M	173M	115M
Gain (Loss) On Sale Of Assets	-16.12M	95.26M	-27.82M	-277K	173M
Asset Writedown	-339M	-326M	-	-	-
EBT, Incl. Unusual Items	5.86B	6.27B	7.73B	4.73B	4.7B
Income Tax Expense	1.24B	1.34B	1.54B	931M	898M
Earnings From Continuing Operations	4.63B	4.93B	6.19B	3.8B	3.8B
Net Income to Company	4.63B	4.93B	6.19B	3.8B	3.8B
Net Income - (IS)	4.63B	4.93B	6.19B	3.8B	3.8B
Net Income to Common Incl Extra Items	4.63B	4.93B	6.19B	3.8B	3.8B
Net Income to Common Excl. Extra Items	4.63B	4.93B	6.19B	3.8B	3.8B
Per Share Items
Net EPS - Basic	244.79	260.63	327.62	201.1	200.95
Basic EPS - Continuing Operations	244.79	260.63	327.62	201.1	200.95
Basic Weighted Average Shares Outstanding	18.91M	18.91M	18.91M	18.91M	18.91M
Net EPS - Diluted	244.79	260.63	327.62	201.1	200.95
Diluted EPS - Continuing Operations	244.79	260.63	327.62	201.1	200.95
Diluted Weighted Average Shares Outstanding	18.91M	18.91M	18.91M	18.91M	18.91M
Normalized Basic EPS	205.56	214.78	246.61	150.75	145.75
Normalized Diluted EPS	205.56	214.78	246.61	150.75	145.75
Dividend Per Share	65	75	90	55	-
Payout Ratio	20.43	24.94	22.89	44.75	27.37
Supplemental Items
EBITDA	5.7B	5.29B	5.38B	2.76B	2.83B
EBITA	4.48B	4.11B	4.19B	1.5B	1.53B
EBIT	4.44B	4.05B	4.14B	1.46B	1.48B
Effective Tax Rate - (Ratio)	21.07	21.37	19.9	19.66	19.12
Normalized Net Income	3.89B	4.06B	4.66B	2.85B	2.76B
Supplemental Operating Expense Items
Selling and Marketing Expenses	3.79B	3.7B	3.17B	2.63B	2.43B

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	5.01B	2.35B	3.01B	5.7B	3.71B
Short Term Investments	-	-	16.42B	8.93B	-
Trading Asset Securities, Total	53.59B	58.87B	41.79B	51.4B	78.49B
Total Cash And Short Term Investments	58.61B	61.22B	61.22B	66.03B	82.2B
Accounts Receivable, Total	11.86B	15.95B	15.66B	15.44B	8.91B
Other Receivables	364M	726M	1.03B	1.24B	674M
Notes Receivable	179M	307M	296M	379M	337M
Total Receivables	12.4B	16.99B	16.99B	17.06B	9.92B
Inventory	-	-	-	-	-
Other Current Assets, Total	7.77B	5.27B	6.63B	3.93B	2.93B
Total Current Assets	78.77B	83.48B	84.84B	87.02B	95.05B
Gross Property Plant And Equipment	49.25B	50.43B	51.42B	51.92B	52.54B
Accumulated Depreciation	-33.41B	-34.32B	-35.2B	-36.23B	-37.46B
Net Property Plant And Equipment	15.84B	16.11B	16.22B	15.69B	15.07B
Long-term Investments	20.49B	13.02B	20.66B	20.77B	14.91B
Other Intangibles, Total	57.53M	172M	140M	96.77M	53.95M
Loans Receivable Long-Term	220M	794M	857M	1.05B	813M
Deferred Tax Assets Long-Term	939M	657M	461M	589M	674M
Other Long-Term Assets, Total	10.58B	14.51B	11.05B	10.4B	10.72B
Total Assets	127B	129B	134B	136B	137B
Liabilities
Accounts Payable, Total	-	-	-	-	-
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	137M	129M	166M	150M	155M
Current Income Taxes Payable	845M	496M	455M	129M	286M
Other Current Liabilities	7.47B	5.88B	6.49B	6.65B	4.95B
Total Current Liabilities	8.45B	6.5B	7.11B	6.93B	5.39B
Long-Term Leases	150M	122M	250M	209M	126M
Pension & Other Post Retirement Benefits	550M	-320	40	99.27M	-
Other Non Current Liabilities	561M	523M	492M	407M	444M
Total Liabilities	9.71B	7.15B	7.85B	7.65B	5.96B
Common Stock, Total	50B	50B	50B	50B	50B
Additional Paid In Capital	2.15B	2.15B	2.15B	2.15B	2.15B
Retained Earnings	68.63B	72.85B	77.32B	78.97B	82.22B
Treasury Stock	-3.82B	-3.82B	-3.82B	-3.82B	-3.82B
Comprehensive Income and Other	234M	405M	708M	669M	774M
Total Common Equity	117B	122B	126B	128B	131B
Total Equity	117B	122B	126B	128B	131B
Total Liabilities And Equity	127B	129B	134B	136B	137B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	18.91M	18.91M	18.91M	18.91M	18.91M
ECS Total Common Shares Outstanding	18.91M	18.91M	18.91M	18.91M	18.91M
Book Value / Share	6.2K	6.43K	6.68K	6.77K	6.95K
Tangible Book Value	117B	121B	126B	128B	131B
Tangible Book Value Per Share	6.2K	6.42K	6.68K	6.76K	6.94K
Total Debt	286M	251M	416M	359M	281M
Net Debt	-58.32B	-60.97B	-60.8B	-65.68B	-81.92B
Equity Method Investments, Total	-	-	-	-	-
Inventories - Others	-	-	-	-	-
Land - (BS)	6.56B	6.56B	6.56B	6.56B	6.56B
Buildings, Total	11.92B	11.9B	11.9B	11.94B	11.96B
Machinery, Total	22.67B	23.91B	24.32B	24.76B	25.28B
Accumulated Allowance for Doubtful Accounts (Supple)	557M	557M	561M	317M	252M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	4.63B	4.93B	6.19B	3.8B	3.8B
Depreciation & Amortization - CF	1.21B	1.18B	1.19B	1.25B	1.3B
Amortization of Goodwill and Intangible Assets - (CF)	43.45M	59.89M	49.02M	43.01M	42.82M
Depreciation & Amortization, Total	1.26B	1.24B	1.24B	1.29B	1.34B
(Gain) Loss From Sale Of Asset	29.21M	24.95M	15.42M	277K	-178M
(Gain) Loss on Sale of Investments - (CF)	114M	205M	-288M	-173M	-110M
Asset Writedown & Restructuring Costs	198M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	-272M	8.59M	3.57M	-250M	-64.8M
Other Operating Activities, Total	1.69B	328M	69.28M	-19.42M	1.02B
Change In Accounts Receivable	325M	-4.11B	288M	1.81B	6.6B
Change In Inventories	2.26M	-	-	-	-
Change In Accounts Payable	-	-	-	-	-
Change in Other Net Operating Assets	765M	-4.71B	-5.81B	4.13B	-4.51B
Cash from Operations	8.73B	-2.08B	1.71B	10.6B	7.9B
Capital Expenditure	-3.88B	-1.04B	-1.52B	-449M	-763M
Sale of Property, Plant, and Equipment	857K	5.91M	450K	-	-
Sale (Purchase) of Intangible assets	-54.69M	-174M	-23.75M	-	180M
Investment in Marketable and Equity Securities, Total	-3.34B	2.45B	2.07B	-5.35B	-8.42B
Other Investing Activities, Total	93.16M	-446M	-27.29M	-281M	284M
Cash from Investing	-7.18B	795M	498M	-6.08B	-8.72B
Long-Term Debt Issued, Total	114M	7.5M	16.5M	40.1M	42.4M
Total Debt Issued	114M	7.5M	16.5M	40.1M	42.4M
Long-Term Debt Repaid, Total	-219M	-157M	-149M	-167M	-172M
Total Debt Repaid	-219M	-157M	-149M	-167M	-172M
Repurchase of Common Stock	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-945M	-1.23B	-1.42B	-1.7B	-1.04B
Common & Preferred Stock Dividends Paid	-945M	-1.23B	-1.42B	-1.7B	-1.04B
Cash from Financing	-1.05B	-1.38B	-1.55B	-1.83B	-1.17B
Net Change in Cash	504M	-2.66B	660M	2.69B	-1.99B
Supplemental Items
Cash Interest Paid	-	2.48K	5.53K	-	-
Cash Income Tax Paid (Refund)	626M	1.59B	1.38B	1.25B	989M
Levered Free Cash Flow	2.68B	-1.47B	1.48B	4.21B	8.27B
Unlevered Free Cash Flow	2.69B	-1.46B	1.49B	4.22B	8.28B
Change In Net Working Capital	-2.59B	4.02B	791M	-2.46B	-6.6B
Net Debt Issued / Repaid	-105M	-150M	-132M	-126M	-130M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.25	1.98	1.97	0.68	0.68
Return on Total Capital	2.4	2.12	2.08	0.72	0.71
Return On Equity %	4.02	4.13	5	2.99	2.93
Return on Common Equity	4.02	4.13	5	2.99	2.93
Margin Analysis
Gross Profit Margin %	29.3	27.98	24.35	17.13	16.95
SG&A Margin	16.22	15.15	13.5	12.26	12.26
EBITDA Margin %	13.3	12.46	12.36	6.84	6.62
EBITA Margin %	10.46	9.68	9.62	3.74	3.58
EBIT Margin %	10.36	9.54	9.51	3.63	3.48
Income From Continuing Operations Margin %	10.8	11.6	14.24	9.44	8.9
Net Income Margin %	10.8	11.6	14.24	9.44	8.9
Net Avail. For Common Margin %	10.8	11.6	14.24	9.44	8.9
Normalized Net Income Margin	9.07	9.56	10.72	7.08	6.46
Levered Free Cash Flow Margin	6.26	-3.46	3.41	10.45	19.38
Unlevered Free Cash Flow Margin	6.28	-3.44	3.42	10.48	19.4
Asset Turnover
Asset Turnover	0.35	0.33	0.33	0.3	0.31
Fixed Assets Turnover	2.66	2.66	2.69	2.52	2.78
Receivables Turnover (Average Receivables)	3.59	3.06	2.75	2.59	3.51
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	9.32	12.84	11.93	12.56	17.63
Quick Ratio	8.38	11.98	10.95	11.94	17.02
Operating Cash Flow to Current Liabilities	1.03	-0.32	0.24	1.53	1.47
Days Sales Outstanding (Average Receivables)	101.7	119.47	132.62	141.3	104.1
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	-	-	-	-	-
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	0.24	0.21	0.33	0.28	0.21
Total Debt / Total Capital	0.24	0.21	0.33	0.28	0.21
LT Debt/Equity	0.13	0.1	0.2	0.16	0.1
Long-Term Debt / Total Capital	0.13	0.1	0.2	0.16	0.1
Total Liabilities / Total Assets	7.65	5.55	5.85	5.64	4.34
EBIT / Interest Expense	504.99	482.02	358.5	76.47	94.28
EBITDA / Interest Expense	648.09	629.4	465.91	144.14	179.48
(EBITDA - Capex) / Interest Expense	206.87	506.06	334.11	120.66	131.03
Total Debt / EBITDA	0.05	0.05	0.08	0.13	0.1
Net Debt / EBITDA	-10.24	-11.52	-11.31	-23.84	-28.99
Total Debt / (EBITDA - Capex)	0.16	0.06	0.11	0.16	0.14
Net Debt / (EBITDA - Capex)	-32.08	-14.33	-15.77	-28.47	-39.71
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	21.4	-0.84	2.41	-7.41	5.98
Gross Profit, 1 Yr. Growth %	26.8	-5.31	-10.89	-34.85	4.85
EBITDA, 1 Yr. Growth %	41.75	-7.1	1.62	-48.76	2.57
EBITA, 1 Yr. Growth %	64.08	-8.25	1.8	-64.06	1.5
EBIT, 1 Yr. Growth %	64.98	-8.7	2.1	-64.67	1.56
Earnings From Cont. Operations, 1 Yr. Growth %	22.84	6.47	25.7	-38.62	-0.08
Net Income, 1 Yr. Growth %	22.84	6.47	25.7	-38.62	-0.08
Normalized Net Income, 1 Yr. Growth %	43.71	4.49	14.82	-38.87	-3.31
Diluted EPS Before Extra, 1 Yr. Growth %	22.84	6.47	25.7	-38.62	0.47
Accounts Receivable, 1 Yr. Growth %	-1.34	34.56	-1.83	-1.4	-42.31
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-3.02	1.73	0.65	-3.24	-3.94
Total Assets, 1 Yr. Growth %	6.09	1.44	4.26	1.05	1.23
Tangible Book Value, 1 Yr. Growth %	3.42	3.65	3.96	1.31	2.66
Common Equity, 1 Yr. Growth %	3.43	3.75	3.92	1.28	2.62
Cash From Operations, 1 Yr. Growth %	37.48	-123.79	-182.41	519.13	-25.45
Capital Expenditures, 1 Yr. Growth %	440.44	-73.26	46.69	-70.5	70.03
Levered Free Cash Flow, 1 Yr. Growth %	-24.53	-154.72	-200.95	183.86	96.57
Unlevered Free Cash Flow, 1 Yr. Growth %	-24.51	-154.42	-201.81	183.28	96.25
Dividend Per Share, 1 Yr. Growth %	30	15.38	20	-38.89	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-6.76	9.72	0.77	-2.62	-0.94
Gross Profit, 2 Yr. CAGR %	-2.12	9.58	-8.14	-23.81	-17.35
EBITDA, 2 Yr. CAGR %	-5.41	14.75	-2.84	-27.84	-27.5
EBITA, 2 Yr. CAGR %	-6.21	22.7	-3.35	-39.51	-39.6
EBIT, 2 Yr. CAGR %	-6.44	22.73	-3.45	-39.94	-40.1
Earnings From Cont. Operations, 2 Yr. CAGR %	-8.83	14.36	15.69	-12.16	-21.68
Net Income, 2 Yr. CAGR %	-8.83	14.36	15.69	-12.16	-21.68
Normalized Net Income, 2 Yr. CAGR %	-4.9	22.54	9.53	-16.22	-23.12
Diluted EPS Before Extra, 2 Yr. CAGR %	-8.83	14.36	15.69	-12.16	-21.68
Accounts Receivable, 2 Yr. CAGR %	-14.47	15.22	14.93	-1.62	-24.58
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-18.81	-0.68	1.19	-1.32	-3.59
Total Assets, 2 Yr. CAGR %	2.11	3.74	2.84	2.64	1.14
Tangible Book Value, 2 Yr. CAGR %	2.96	3.54	3.8	2.63	1.98
Common Equity, 2 Yr. CAGR %	2.91	3.59	3.84	2.59	1.95
Cash From Operations, 2 Yr. CAGR %	123.12	-42.82	-55.73	125.88	114.84
Capital Expenditures, 2 Yr. CAGR %	89.49	20.21	-37.37	-34.21	-29.17
Levered Free Cash Flow, 2 Yr. CAGR %	-15.19	-35.74	-25.67	69.28	136.22
Unlevered Free Cash Flow, 2 Yr. CAGR %	-15.18	-35.91	-25.57	69.83	135.78
Dividend Per Share, 2 Yr. CAGR %	-9.86	22.47	17.67	-14.37	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.8	-4.83	7.22	-2.03	0.16
Gross Profit, 3 Yr. CAGR %	7.26	-3.2	2.28	-18.08	-15.25
EBITDA, 3 Yr. CAGR %	14.2	-5.98	10.2	-21.5	-18.86
EBITA, 3 Yr. CAGR %	24.26	-6.89	15.3	-30.5	-28.12
EBIT, 3 Yr. CAGR %	24.36	-7.2	15.43	-30.94	-28.45
Earnings From Cont. Operations, 3 Yr. CAGR %	11.02	-3.99	18.02	-6.34	-8.3
Net Income, 3 Yr. CAGR %	11.02	-3.99	18.02	-6.34	-8.3
Normalized Net Income, 3 Yr. CAGR %	16.55	-1.87	19.91	-9.82	-12.12
Diluted EPS Before Extra, 3 Yr. CAGR %	11.02	-3.99	18.02	-6.34	-8.3
Accounts Receivable, 3 Yr. CAGR %	2.2	-0.52	9.23	9.21	-17.65
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-13.21	-12.47	-0.24	-0.31	-2.2
Total Assets, 3 Yr. CAGR %	2.81	1.89	3.91	2.24	2.17
Tangible Book Value, 3 Yr. CAGR %	3.31	3.19	3.68	2.97	2.64
Common Equity, 3 Yr. CAGR %	3.22	3.19	3.7	2.98	2.6
Cash From Operations, 3 Yr. CAGR %	139.84	5.79	-35.41	6.67	56.1
Capital Expenditures, 3 Yr. CAGR %	98.27	-1.35	28.46	-51.27	-9.72
Levered Free Cash Flow, 3 Yr. CAGR %	-28.22	-26.71	-25.29	16.18	77.93
Unlevered Free Cash Flow, 3 Yr. CAGR %	-28.14	-26.84	-25.22	16.21	78.21
Dividend Per Share, 3 Yr. CAGR %	9.14	-2.13	21.64	-5.42	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.99	0.13	1.39	-3.95	3.88
Gross Profit, 5 Yr. CAGR %	4.71	1.19	0.81	-12.04	-6.08
EBITDA, 5 Yr. CAGR %	9.12	6.75	7.05	-15.42	-6.8
EBITA, 5 Yr. CAGR %	19.66	12.26	12.38	-21.64	-10.98
EBIT, 5 Yr. CAGR %	19.43	12.1	12.39	-22.02	-11.21
Earnings From Cont. Operations, 5 Yr. CAGR %	11.8	9.95	12.86	-7.34	0.17
Net Income, 5 Yr. CAGR %	11.8	9.95	12.86	-7.34	0.17
Normalized Net Income, 5 Yr. CAGR %	13.72	11.34	13.69	-7.88	0.38
Diluted EPS Before Extra, 5 Yr. CAGR %	11.82	10.25	12.86	-7.34	0.17
Accounts Receivable, 5 Yr. CAGR %	1.42	9.8	7.12	-0.96	-5.81
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	-5.81	-8.64	-7.71	-8.17	-1.59
Total Assets, 5 Yr. CAGR %	2.81	2.4	2.82	2.19	2.79
Tangible Book Value, 5 Yr. CAGR %	2.89	3.15	3.51	2.96	3
Common Equity, 5 Yr. CAGR %	2.83	3.11	3.47	2.95	3
Cash From Operations, 5 Yr. CAGR %	29.15	-22.61	22.02	43.29	4.46
Capital Expenditures, 5 Yr. CAGR %	4.83	-9.89	25.04	-16.11	1.24
Levered Free Cash Flow, 5 Yr. CAGR %	1.47	-18.61	-27.21	2.44	18.4
Unlevered Free Cash Flow, 5 Yr. CAGR %	1.57	-18.68	-27.12	2.46	18.38
Dividend Per Share, 5 Yr. CAGR %	-	-	12.47	-7.22	-