Financial Information

Psomagen, established in 2004, is listed on KOSDAQ (Korean Securities Dealers Automated Quotations), a trading board of Korea Exchange (KRX). Below is a breakdown of its financial position and income since 2017. 

KOSDAQ: PSOMAGEN INC (950200)

Statement of Financial Position

(mn KRW)

   2019

   2018

   2017

   Current assets

   10,986   

   12,224   

   16,581   

   Non-current assets

  17,288   

  9,661   

  12,008   

   Total assets

    28,274   

   21,886   

   28,590   

   Current liabilities

   43,764   

  7,966   

  9,119   

   Non-current liabilities

  3,403   

  17,480   

  20,465   

   Total liabilities

    47,167   

    25,446   

    29,584   

   Capital stock

  1,441   

  1,202   

  1,202   

   Capital surplus

  11,092   

  3,984   

  3,984   

   Deficit

  (31,808)   

  (8,897)   

  (6,181)   

   Other capital

  381   

  150   

  —   

   Total shareholder’s equity

    (18,894)   

    (3,560)   

    (994)   

Statement of Income

(mn KRW)

   2019

   2018

   2017

   Sales

   19,951   

   21,966   

   26,787   

   COGS

   17,733   

   19,436   

   21,753   

   Gross profit

   2,217   

   2,530   

   5,034   

   Bad debt expenses

   160   

   576   

   32   

   SG&A

   6,882   

   5,153   

   4,502   

   Operating profit

   (4,824)   

   (3,199)   

   499   

   Other income

   —   

   5   

   2   

   Other expenses

   584   

   19   

   3   

   Financial income

   548   

   2,450   

   101   

   Financial expenses

   18,334   

   1,994   

   3,543   

   Equity method gain (loss)

   282   

   42   

   —   

   Pre-tax profit

   (22,914)   

   (2,714)   

   (2,943)   

   Income tax

   (2)   

   1   

   18   

   Net profit

   (22,911)   

   (2,715)   

   (2,962)   

Statement of Financial Position

(mn KRW)

2019

2018

2017

Current assets 10,986 12,224 16,581
Non-current assets

17,2889,66112,008
Total assets

28,274

21,886

28,590

Current liabilities

43,764

7,9669,119
Non-current liabilities

3,40317,48020,465
Total liabilities

47,167

25,44629,584
Capital stock

1,4411,2021,202
Capital surplus

11,092

3,984

3,984

Deficit

(31,808)

(8,897)

(6,181)

Other capital

381150
Total shareholder’s equity

(18,894)

(3,560)

(994)

Statement of Income

(mn KRW)

2019

2018

2017

Sales19,95121,96626,787
COGS17,73319,43621,753
Gross profit

2,2172,5305,034
Bad debt expenses

16057632
SG&A

6,8825,1534,502
Operating profit

(4,824)

(3,199)

499
Other income

5

2

Other expenses

584

19

3

Financial income

548

2,450101
Financial expenses

18,3341,9943,543
Equity method gain (loss)

282 42

Pre-tax profit

(22,914)

(2,714)

(2,943)

Income tax

(2)

118
Net profit

(22,911)

(2,715)

(2,962)