Slide 1: Investor Briefing: 2022 Annual Earnings Report
Investor Briefing 2022 Annual Earnings Report
Slide 2: Disclaimer
Disclaimer The information in this presentation regarding Zinus Inc.’s (hereafter referred to as “we,” “us,” “our” or the “Company”) consolidated business and financial performance in 2022 and Q4 2022 have been prepared in accordance with K-IFRS. The Company’s earnings report for 2022 and Q4 2022 ha
Slide 3: Q4 & FY 2022 Financial Performance (K-IFRS)
Q4 & FY 2022 Financial Performance (K-IFRS) (unit: KRW million) 2022 Results (JAN~DEC) Q4 Quarterly Results (OCT~DEC) Consolidated Income Statement FY 2022 FY 2021 Change Change(%) Q4 2022 Q4 2021 Change Change(%) Revenue 1,159,606 1,123,843 35,763 3.2% 318,444 323,064 (4,620) (-) 1.4% USA 977,415 9
Slide 4: Key Indicators
Key Indicators Geographic and product category expansion contribute to revenue growth Falling raw material prices & ocean freight rates have a positive impact on profitability (unit: KRW 100 million) (unit: KRW 100 million) Revenue by Region Global (ex USA) Revenue 2020 2021 2022 2020 2021 2022
Slide 5: Key Indicators
Key Indicators SG&A increased by +KRW 32 billion YoY due to increased marketing expenses (+KRW 15 billion YoY) for market share expansion Inventory increased due to macroeconomic factors and decreasing demand, but expect normalization in 2023 (unit: KRW 100 million) (unit: KRW 100 million) SG&A
Slide 6: Zinus Customer Reviews & BSR
Zinus Customer Reviews & BSR Received 35k reviews in Q4, bringing our cumulative total to 1.2 million reviews Accumulated 계열1 Number of 1,216,182 Accumulated 계열1 Number of 148,732 Reviews (Total) Reviews (Korea) 133,347 1,072,354 118,233 104,950 870,434 91,851 76,025 613,910 58,342 417,716 45,552
Slide 7: ESG (Q4 Updates)
ESG (Q4 Updates) ESG rating improvement Blood Donation [Indonesia] Our ESG rating rose 2 levels from C in 2021 to B+ in 2022 <306 factory employees / Dec 2022> (Nov 2022, KCGS) Earthquake Victim Support [Indonesia] <Cianjur, West Java / Nov 2022> 7 | Zinus | Feb 2023
Slide 8: FY2022 Annual Dividend Plan
FY2022 Annual Dividend Plan One-time increase of dividend payout ratio from 25% to 33% Category FY 2021 FY 2022 Change (%) Net Income KRW 51.66 B KRW 29,37 B -43.2% Cash dividend per KRW 830 KRW 530 -37.6% share Total dividend amount KRW 8.21 B KRW 9.72 B +18.5% (Payout ratio) (25.06%)1) (33.12%)
Slide 9: 8th Floor, 10, Yatap-ro, 81beon-gil, Bundang-gu, Seongnam-si, Gyeonggi-do, 13497, Korea │Tel : +82 (31)
8th Floor, 10, Yatap-ro, 81beon-gil, Bundang-gu, Seongnam-si, Gyeonggi-do, 13497, Korea │Tel : +82 (31) 622-1706 │Fax : +82 (31) 622-1701 │ www.zinus.com