Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Samsung Electro-Mechanics announced that due to deteriorating IT market conditions and intensified competition, its annual operating profit for FY2023 decreased by 45.9% YoY to approximately KRW 639.4B, and net profit fell by 54.7% YoY to KRW 450.5B.
📊 [Summary of Key Disclosure Facts & Figures]
1. Financial Statement Type & Large Corporation Status
- Financial Statement Type: Consolidated
- Large Corporation Status: Applicable
2. Changes in Sales & Profitability (Unit: Thousand KRW, %)
- Sales Revenue: KRW 8,909,448,484 th. (Prior: KRW 9,424,551,868 th. / Change: -KRW 515,103,384 th., -5.50%)
- Operating Profit: KRW 639,423,737 th. (Prior: KRW 1,182,835,924 th. / Change: -KRW 543,412,187 th., -45.90%)
- Profit Before Income Tax Expenses: KRW 543,210,122 th. (Prior: KRW 1,186,828,088 th. / Change: -KRW 643,617,966 th., -54.20%)
- Net Profit: KRW 450,482,125 th. (Prior: KRW 993,519,182 th. / Change: -KRW 543,037,057 th., -54.70%)
3. Primary Reason for Change
- Decline in profitability year-over-year due to sluggish IT market conditions and intensified competition
4. Financial Position (Unit: Thousand KRW)
- Total Assets: KRW 11,657,871,602 th. (Prior: KRW 10,997,170,899 th.)
- Total Liabilities: KRW 3,627,546,626 th. (Prior: KRW 3,303,686,219 th.)
- Total Equity: KRW 8,030,324,976 th. (Prior: KRW 7,693,484,679 th.)
- Capital Stock: KRW 388,003,400 th.
- Equity Attributable to Owners of Parent: KRW 7,847,712,344 th. (Total Equity/Capital Stock Ratio: 2,022.6%)
- Separate Sales Revenue: KRW 6,812,925,185 th. (Prior: KRW 7,244,994,321 th.)
5. Board Resolution Date
- Board Resolution Date: 2024-01-31 (3 Independent Directors attended, 1 absent)
6. Other Key Investment Notes
- Financial figures are consolidated provisional results prepared in accordance with K-IFRS.
- Figures are prepared prior to the completion of external audit and are subject to change during the audit process or Annual General Meeting of Shareholders.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Financial Results Following External Audit Completion
This disclosure is submitted due to a change in sales or profit/loss structure exceeding 15% for a large corporation. Reviewing whether these provisional figures undergo adjustments in subsequent filings, including the Audit Report and Annual Report, is relevant for confirming final financial performance. Specific details can be verified through official disclosure filings, such as the Audit Report and Annual Report.
📢 Disclaimer & Source Information
Source: This content was newly structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
Investment Disclaimer: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell any security. All investment decisions and financial liabilities rest entirely with the individual investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
