Choong Ang Vaccine Laboratory
KOSDAQ:072020
Income Statement
Earnings Waterfall
Choong Ang Vaccine Laboratory
Revenue
|
43B
KRW
|
Cost of Revenue
|
-21B
KRW
|
Gross Profit
|
22B
KRW
|
Operating Expenses
|
-15.5B
KRW
|
Operating Income
|
6.5B
KRW
|
Other Expenses
|
-711.5m
KRW
|
Net Income
|
5.8B
KRW
|
Income Statement
Choong Ang Vaccine Laboratory
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
25 891
N/A
|
27 083
+5%
|
29 646
+9%
|
29 609
0%
|
31 383
+6%
|
32 998
+5%
|
32 825
-1%
|
34 605
+5%
|
36 176
+5%
|
36 559
+1%
|
37 771
+3%
|
37 900
+0%
|
35 408
-7%
|
33 944
-4%
|
33 482
-1%
|
31 867
-5%
|
33 917
+6%
|
34 125
+1%
|
32 845
-4%
|
33 153
+1%
|
32 402
-2%
|
33 179
+2%
|
33 715
+2%
|
32 903
-2%
|
33 263
+1%
|
35 196
+6%
|
35 322
+0%
|
36 318
+3%
|
37 328
+3%
|
36 933
-1%
|
38 592
+4%
|
40 914
+6%
|
40 900
0%
|
42 030
+3%
|
41 216
-2%
|
39 299
-5%
|
39 190
0%
|
38 031
-3%
|
38 600
+1%
|
41 868
+8%
|
42 978
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(13 350)
|
(14 599)
|
(16 289)
|
(16 963)
|
(19 432)
|
(21 762)
|
(22 293)
|
(22 392)
|
(22 753)
|
(21 510)
|
(21 333)
|
(21 023)
|
(18 803)
|
(17 719)
|
(17 516)
|
(16 727)
|
(17 831)
|
(18 125)
|
(17 973)
|
(19 484)
|
(19 602)
|
(20 221)
|
(20 147)
|
(18 951)
|
(18 499)
|
(18 795)
|
(18 944)
|
(19 471)
|
(20 004)
|
(20 194)
|
(20 658)
|
(21 881)
|
(21 707)
|
(22 293)
|
(21 918)
|
(20 504)
|
(20 361)
|
(19 648)
|
(19 713)
|
(20 334)
|
(20 967)
|
|
Gross Profit |
12 540
N/A
|
12 483
0%
|
13 357
+7%
|
12 646
-5%
|
11 951
-5%
|
11 236
-6%
|
10 532
-6%
|
12 213
+16%
|
13 424
+10%
|
15 050
+12%
|
16 439
+9%
|
16 876
+3%
|
16 604
-2%
|
16 224
-2%
|
15 965
-2%
|
15 139
-5%
|
16 087
+6%
|
16 001
-1%
|
14 873
-7%
|
13 668
-8%
|
12 800
-6%
|
12 957
+1%
|
13 567
+5%
|
13 952
+3%
|
14 762
+6%
|
16 400
+11%
|
16 376
0%
|
16 846
+3%
|
17 322
+3%
|
16 738
-3%
|
17 934
+7%
|
19 033
+6%
|
19 194
+1%
|
19 738
+3%
|
19 298
-2%
|
18 795
-3%
|
18 829
+0%
|
18 383
-2%
|
18 887
+3%
|
21 534
+14%
|
22 011
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6 812)
|
(6 838)
|
(6 796)
|
(7 108)
|
(7 862)
|
(8 004)
|
(8 288)
|
(8 580)
|
(8 418)
|
(8 978)
|
(9 380)
|
(9 889)
|
(9 992)
|
(10 214)
|
(10 140)
|
(9 593)
|
(9 434)
|
(9 607)
|
(10 043)
|
(10 164)
|
(10 698)
|
(11 097)
|
(11 131)
|
(11 239)
|
(11 494)
|
(11 427)
|
(11 391)
|
(12 816)
|
(13 133)
|
(13 571)
|
(14 385)
|
(14 491)
|
(14 220)
|
(14 908)
|
(14 171)
|
(14 512)
|
(14 839)
|
(14 509)
|
(15 235)
|
(14 540)
|
(15 485)
|
|
Selling, General & Administrative |
(5 714)
|
(5 814)
|
(5 730)
|
(5 811)
|
(6 024)
|
(6 036)
|
(6 215)
|
(6 583)
|
(6 725)
|
(7 283)
|
(7 447)
|
(7 790)
|
(7 920)
|
(7 959)
|
(8 063)
|
(7 761)
|
(7 631)
|
(7 825)
|
(8 135)
|
(8 163)
|
(8 639)
|
(8 772)
|
(8 902)
|
(8 916)
|
(9 098)
|
(9 271)
|
(9 230)
|
(10 482)
|
(10 838)
|
(11 328)
|
(12 013)
|
(12 015)
|
(11 794)
|
(12 295)
|
(11 472)
|
(11 973)
|
(12 390)
|
(11 972)
|
(12 735)
|
(12 085)
|
(12 682)
|
|
Research & Development |
(698)
|
(632)
|
(683)
|
(916)
|
(1 465)
|
(1 592)
|
(1 690)
|
(1 593)
|
(1 287)
|
(1 306)
|
(1 570)
|
(1 757)
|
(1 678)
|
(1 853)
|
(1 660)
|
(1 469)
|
(1 450)
|
(1 425)
|
(1 544)
|
(1 631)
|
(1 685)
|
(1 862)
|
(1 720)
|
(1 756)
|
(1 862)
|
(1 665)
|
(1 654)
|
(1 754)
|
(1 730)
|
(1 674)
|
(1 766)
|
(1 807)
|
(1 685)
|
(1 800)
|
(1 852)
|
(1 657)
|
(1 545)
|
(1 630)
|
(1 583)
|
(1 564)
|
(1 903)
|
|
Depreciation & Amortization |
(398)
|
(390)
|
(381)
|
(382)
|
(374)
|
(376)
|
(382)
|
(403)
|
(403)
|
(387)
|
(362)
|
(342)
|
(344)
|
(352)
|
(367)
|
(362)
|
(354)
|
(357)
|
(365)
|
(370)
|
(375)
|
(464)
|
(508)
|
(567)
|
(532)
|
(491)
|
(508)
|
(579)
|
(566)
|
(569)
|
(605)
|
(670)
|
(741)
|
(813)
|
(847)
|
(881)
|
(904)
|
(907)
|
(897)
|
(891)
|
(880)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(50)
|
(50)
|
(50)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
0
|
(20)
|
|
Operating Income |
5 729
N/A
|
5 646
-1%
|
6 562
+16%
|
5 537
-16%
|
4 089
-26%
|
3 233
-21%
|
2 246
-31%
|
3 633
+62%
|
5 008
+38%
|
6 073
+21%
|
7 059
+16%
|
6 987
-1%
|
6 613
-5%
|
6 011
-9%
|
5 826
-3%
|
5 547
-5%
|
6 653
+20%
|
6 394
-4%
|
4 830
-24%
|
3 505
-27%
|
2 102
-40%
|
1 861
-11%
|
2 437
+31%
|
2 713
+11%
|
3 270
+21%
|
4 974
+52%
|
4 987
+0%
|
4 031
-19%
|
4 190
+4%
|
3 168
-24%
|
3 549
+12%
|
4 541
+28%
|
4 974
+10%
|
4 830
-3%
|
5 127
+6%
|
4 283
-16%
|
3 990
-7%
|
3 874
-3%
|
3 652
-6%
|
6 994
+92%
|
6 525
-7%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
65
|
(12)
|
(68)
|
30
|
(234)
|
(119)
|
15
|
(16)
|
128
|
47
|
(167)
|
222
|
(401)
|
122
|
442
|
(202)
|
390
|
(104)
|
(272)
|
(30)
|
73
|
330
|
803
|
572
|
751
|
695
|
262
|
28
|
105
|
(71)
|
307
|
767
|
485
|
663
|
911
|
197
|
305
|
(1)
|
(440)
|
294
|
525
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(48)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
0
|
(20)
|
0
|
|
Gain/Loss on Disposition of Assets |
2
|
0
|
0
|
(127)
|
1
|
1
|
0
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
(79)
|
(79)
|
(79)
|
(79)
|
0
|
0
|
(1 378)
|
(1 378)
|
(1 388)
|
0
|
0
|
(850)
|
(1 216)
|
48
|
48
|
839
|
1 216
|
(48)
|
(48)
|
1
|
0
|
(171)
|
0
|
(146)
|
(118)
|
|
Total Other Income |
24
|
39
|
(536)
|
(328)
|
(526)
|
(586)
|
93
|
35
|
(215)
|
(60)
|
(44)
|
130
|
666
|
499
|
430
|
14
|
68
|
86
|
75
|
191
|
21
|
(1 365)
|
44
|
175
|
189
|
220
|
194
|
105
|
177
|
157
|
102
|
253
|
237
|
637
|
502
|
326
|
354
|
172
|
194
|
357
|
440
|
|
Pre-Tax Income |
5 820
N/A
|
5 675
-2%
|
5 959
+5%
|
5 113
-14%
|
3 330
-35%
|
2 529
-24%
|
2 355
-7%
|
3 651
+55%
|
4 919
+35%
|
6 057
+23%
|
6 846
+13%
|
7 290
+6%
|
6 878
-6%
|
6 632
-4%
|
6 698
+1%
|
5 359
-20%
|
7 033
+31%
|
6 297
-10%
|
4 556
-28%
|
3 588
-21%
|
2 196
-39%
|
826
-62%
|
1 906
+131%
|
2 082
+9%
|
2 823
+36%
|
5 889
+109%
|
5 443
-8%
|
3 313
-39%
|
3 257
-2%
|
3 302
+1%
|
4 006
+21%
|
6 401
+60%
|
6 912
+8%
|
6 082
-12%
|
6 493
+7%
|
4 807
-26%
|
4 649
-3%
|
3 854
-17%
|
3 406
-12%
|
7 479
+120%
|
7 373
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(864)
|
(826)
|
(766)
|
(828)
|
(562)
|
(461)
|
(542)
|
(397)
|
(533)
|
(731)
|
(878)
|
(1 080)
|
(1 070)
|
(998)
|
(961)
|
(779)
|
(1 021)
|
(910)
|
(651)
|
(133)
|
69
|
268
|
111
|
(227)
|
(266)
|
(626)
|
(526)
|
(150)
|
(143)
|
(148)
|
(226)
|
1 201
|
1 298
|
1 504
|
1 583
|
(762)
|
(1 001)
|
(1 050)
|
(1 202)
|
(1 481)
|
(1 559)
|
|
Income from Continuing Operations |
4 957
|
4 850
|
5 194
|
4 284
|
2 768
|
2 068
|
1 813
|
3 254
|
4 386
|
5 326
|
5 967
|
6 209
|
5 807
|
5 634
|
5 738
|
4 579
|
6 014
|
5 388
|
3 906
|
3 454
|
2 265
|
1 094
|
2 017
|
1 854
|
2 557
|
5 262
|
4 915
|
3 164
|
3 112
|
3 153
|
3 780
|
7 602
|
8 210
|
7 587
|
8 076
|
4 044
|
3 649
|
2 804
|
2 203
|
5 998
|
5 814
|
|
Net Income (Common) |
4 957
N/A
|
4 850
-2%
|
5 194
+7%
|
4 284
-18%
|
2 768
-35%
|
2 068
-25%
|
1 813
-12%
|
3 254
+79%
|
4 386
+35%
|
5 326
+21%
|
5 967
+12%
|
6 209
+4%
|
5 807
-6%
|
5 634
-3%
|
5 738
+2%
|
4 579
-20%
|
6 014
+31%
|
5 388
-10%
|
3 906
-28%
|
3 454
-12%
|
2 265
-34%
|
1 094
-52%
|
2 017
+84%
|
1 854
-8%
|
2 557
+38%
|
5 262
+106%
|
4 915
-7%
|
3 164
-36%
|
3 112
-2%
|
3 153
+1%
|
3 780
+20%
|
7 602
+101%
|
8 210
+8%
|
7 587
-8%
|
8 076
+6%
|
4 044
-50%
|
3 649
-10%
|
2 804
-23%
|
2 203
-21%
|
5 998
+172%
|
5 814
-3%
|
|
EPS (Diluted) |
550.77
N/A
|
538.88
-2%
|
577.11
+7%
|
476
-18%
|
307.55
-35%
|
229.77
-25%
|
201.44
-12%
|
361.55
+79%
|
487.33
+35%
|
591.77
+21%
|
663
+12%
|
689.88
+4%
|
645.22
-6%
|
626
-3%
|
637.55
+2%
|
508.77
-20%
|
668.22
+31%
|
598.66
-10%
|
390.6
-35%
|
383.77
-2%
|
226.5
-41%
|
109.4
-52%
|
201.7
+84%
|
185.4
-8%
|
255.7
+38%
|
526.2
+106%
|
491.5
-7%
|
316.39
-36%
|
315.68
0%
|
319.5
+1%
|
383.41
+20%
|
772.25
+101%
|
841.28
+9%
|
777.42
-8%
|
826.23
+6%
|
414.75
-50%
|
377.73
-9%
|
290.27
-23%
|
228.12
-21%
|
621
+172%
|
601.94
-3%
|