$659.1 M

HAFC Mkt cap, 04-Dec-2018

$242.7 M

Hanmi Financial Revenue FY, 2017
Hanmi Financial Gross profit (FY, 2017)210.2 M
Hanmi Financial Gross profit margin (FY, 2017), %86.6%
Hanmi Financial Net income (FY, 2017)54.7 M
Hanmi Financial Cash, 31-Dec-2017153.8 M
Hanmi Financial EV622.6 M

Hanmi Financial Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

122.3m179.0m211.8m211.5m242.7m

Revenue growth, %

46%18%0%

Cost of goods sold

16.1m18.3m32.5m

Gross profit

195.7m193.3m210.2m

Gross profit Margin, %

92%91%87%

Sales and marketing expense

4.2m3.9m4.0m

R&D expense

6.3m5.7m7.0m

General and administrative expense

17.4m15.0m15.7m

Operating expense total

115.3m108.2m114.1m

EBIT

159.7m

EBIT margin, %

75%

Pre tax profit

92.0m89.4m95.3m

Income tax expense

40.6m

Net Income

39.9m49.8m53.8m56.5m54.7m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

52.2m53.6m49.6m53.5m53.0m55.6m61.0m

Cost of goods sold

3.2m4.0m4.0m4.1m4.2m4.7m6.0m8.1m

Gross profit

48.2m49.5m45.5m49.4m48.3m49.6m52.9m

Gross profit Margin, %

92%92%92%92%91%89%87%

Sales and marketing expense

1.1m1.3m15.7m16.1m16.0m17.1m16.6m

R&D expense

1.2m1.3m1.4m1.4m1.5m1.3m1.6m1.7m

General and administrative expense

2.6m4.2m4.9m3.5m3.9m3.9m4.0m3.9m

Operating expense total

19.0m27.1m28.7m26.1m27.9m28.3m27.2m28.9m

EBIT

39.6m39.7m40.1m41.5m41.0m

EBIT margin, %

76%74%81%78%77%

Pre tax profit

23.6m21.0m23.0m21.4m22.4m23.5m

Income tax expense

6.6m10.6m6.2m8.9m8.2m8.6m9.1m

Net Income

10.3m11.0m11.0m13.3m11.1m14.0m14.0m14.8m14.1m13.1m13.8m14.5m

Hanmi Financial Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

179.4m158.3m164.4m147.2m153.8m

Accounts Receivable

7.1m9.7m9.5m11.0m

Inventories

PP&E

14.2m30.9m29.8m28.7m26.7m

Total Assets

3.1b4.2b4.2b4.7b5.2b

Accounts Payable

2.5b3.5m3.5b3.8b4.3b

Short-term debt

18.5m18.7m19.0m117.3m

Long-term debt

127.5m150.0m170.0m315.0m

Total Debt

127.5m168.5m188.7m334.0m117.3m

Total Liabilities

2.7b3.7b4.2b4.6b

Additional Paid-in Capital

552.3m554.9m557.8m562.4m565.6m

Retained Earnings

(72.1m)(32.4m)6.4m41.7m70.6m

Total Equity

401.2m453.4m493.9m531.0m562.5m

Debt to Equity Ratio

0.4 x0.4 x0.6 x0.2 x

Debt to Assets Ratio

0 x0 x0.1 x0 x

Financial Leverage

7.6 x9.3 x8.6 x8.9 x9.3 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

193.9m204.4m123.8m197.0m182.1m153.2m235.3m137.5m156.6m130.2m138.6m138.5m

PP&E

14.2m13.9m13.9m31.2m30.9m30.7m29.9m30.1m29.8m27.7m28.4m26.9m

Total Assets

2.8b3.1b3.1b4.2b4.1b4.0b4.2b4.3b4.4b4.4b4.8b5.0b

Accounts Payable

2.4b2.5b2.5b3.6b3.6b3.4b3.5b3.5b3.6b3.8b4.1b4.3b

Short-term debt

18.5m18.6m18.6m18.7m18.8m18.8m18.9m116.8m117.0m

Long-term debt

2.6m132.4m97.0m110.0m150.0m150.0m250.0m280.0m55.0m50.0m20.0m

Total Debt

2.6m132.4m97.0m128.5m168.6m18.6m168.7m268.8m298.8m73.9m166.8m137.0m

Total Liabilities

2.4b2.7b2.7b3.8b3.6b3.5b3.7b3.8b3.9b3.9b4.3b4.4b

Additional Paid-in Capital

551.9m553.1m553.7m554.4m555.7m556.3m557.1m558.9m560.1m560.9m563.2m563.9m

Retained Earnings

(79.9m)(63.2m)(55.6m)(44.6m)(24.8m)(14.4m)(3.9m)16.7m26.4m33.4m49.4m57.7m

Total Equity

398.0m414.7m426.3m435.2m467.5m472.7m485.4m510.9m525.2m531.2m539.5m550.1m

Debt to Equity Ratio

0 x0.3 x0.2 x0.3 x0 x0.3 x

Debt to Assets Ratio

0 x0 x0 x0 x0 x0 x

Financial Leverage

7.1 x7.5 x7.3 x9.7 x8.7 x8.4 x8.7 x8.4 x8.5 x8.3 x8.9 x9 x

Hanmi Financial Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

39.9m49.8m53.8m56.5m54.7m

Depreciation and Amortization

8.7m17.8m14.6m12.9m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

60.7m25.5m64.3m54.4m79.9m

Purchases of PP&E

(124.4m)(232.0m)(20.0m)(242.4m)

Cash From Investing Activities

(304.4m)16.4m(20.3m)(491.5m)(518.4m)

Dividends Paid

(6.7m)(10.5m)(25.7m)(25.8m)

Cash From Financing Activities

155.0m(62.9m)(38.0m)420.0m445.1m

Interest Paid

21.9m14.4m16.4m18.9m32.5m

Income Taxes Paid

15.1m37.0m7.9m23.3m28.1m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

29.9m11.0m22.0m35.3m11.1m25.0m39.0m14.8m29.0m42.1m13.8m28.2m

Depreciation and Amortization

5.4m9.6m15.2m4.0m7.6m10.8m3.9m7.1m

Cash From Operating Activities

48.0m23.3m26.4m24.7m(5.0m)16.0m36.6m5.8m10.9m36.9m20.1m31.0m

Purchases of PP&E

(55.8m)(124.4m)(124.4m)(55.8m)

Cash From Investing Activities

(71.8m)2.4m(82.1m)185.6m248.6m86.2m(197.8m)(128.2m)(278.8m)

Dividends Paid

(4.5m)(2.2m)(2.2m)(7.0m)(9.0m)(13.5m)(19.6m)(6.1m)(12.2m)

Cash From Financing Activities

(50.4m)(656.0k)163.0k(44.7m)(156.8m)(269.6m)(45.8m)61.4m176.2m126.8m99.4m239.2m

Interest Paid

19.2m3.3m6.4m10.8m3.9m7.9m12.4m4.0m8.4m13.8m5.9m14.1m

Income Taxes Paid

11.9m16.0k8.9m20.9m13.2m14.3m13.5m9.9m16.5m21.7m(101.0k)19.8m

Hanmi Financial Ratios

USDY, 2017

EV/CFO

7.8 x

Revenue/Employee

380.5k

Debt/Equity

0.2 x

Financial Leverage

9.3 x
Report incorrect company information

Hanmi Financial Operating Metrics

Hanmi Financial's Total Loans was reported to be $4b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

49 42 41

Non-performing Loans

$25.28 m$29.26 m$28.02 m$23.94 m$19.12 m$16.28 m$12.34 m$10.95 m$11.41 m$12.77 m$16.46 m

Total Loans

$2.74 b$2.77 b$2.83 b$3 b$3.14 b$3.27 b$3.41 b$3.51 b$3.81 b$3.91 b$4.04 b
Report incorrect company information

Hanmi Financial Employee Rating

2.753 votes
Culture & Values
2.0
Work/Life Balance
2.4
Senior Management
2.1
Salary & Benefits
2.5
Career Opportunities
2.2
Source