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  5. Motonic Corporation Business Report FY ended Dec. 2020

Motonic Corporation Business Report FY ended Dec. 2020

Financial Overview (Consolidated)

 (in millions of won)
FY ended Dec. 31, 2020 FY ended Dec. 31, 2019 Rate of
change (%)
Sales 178,558 207,639 (14.0)
Operating income 11,362 9,696 17.2
Net income 679 11,354 32.1

 

R&D Expenditure

 (in millions of won)
  FY ended Dec. 31, 2020 FY ended Dec. 31, 2019 FY ended Dec. 31, 2018
Amount 5,282 5,695 6,459
% of sales 2.96 2.74 3.31

 

Capacity utilization rate

FY ended Dec. 31, 2020
Motonic Corporation 91.8%

*The utilization rate was calculated by dividing the actual number of operating hours by the maximum possible number of operating hours per year.