Korea Ratings Corporation

Korea Ratings Corporation

034950.KQ
Korea Ratings CorporationKR flagKOSDAQ
102,000.00
KRW
-900.00
- -
455.01BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
14,434.19
13,757.52
14,899.84
16,648.2
17,602.01
18,863.21
20,790.78
21,495.81
23,428.99
22,768.97
21,430.85
23,325.48
24,611.84
24,750.43
Basic EPS, GAAP
2,736
2,589
2,365
2,996
3,462
3,630
4,563
4,474
4,990
4,582
4,570
5,477
5,656
5,735.13
Free Cash Flow per Basic Share
4,119.12
3,180.44
3,075.11
3,511.45
4,905.23
4,473.19
6,703.78
5,574.32
6,225.17
5,112.76
6,068.47
7,580.22
6,453.65
5,929.22
Dividend per Share
2,710.17
2,084.33
2,016.63
1,939.21
3,934.53
3,567.1
752.99
9,162.45
3,515.94
5,763.56
7,386.48
4,428.52
5,338.05
- -
Book Value per Share
16,802.08
17,337.36
18,177.59
19,482.43
19,701.78
19,524.98
24,011.75
20,985.02
22,458.45
25,180.34
23,839.83
26,674.75
29,646.62
22,638.94
Tangible Book Value per Share
16,181.1
16,754.48
17,540.67
18,891.04
19,082.88
18,970.2
23,477.86
19,172.35
20,012.63
23,426.76
22,922.06
26,005.74
28,622.3
21,394.39
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
64,397
61,372
66,481
74,262
78,518
84,154
92,750
95,885
104,520
101,576
95,594
104,057
109,781
110,408
Operating Margin (%)
25.27
26.35
23.78
28.18
30.61
30.25
34.12
34.11
34.66
29.47
27.07
31.41
31.31
31.05
Depreciation Expense
787
810
1,064
1,257
1,245
1,461
2,684
3,224
4,669
5,859
5,421
3,721
2,387
2,495
Net Income, GAAP
12,206
11,549
10,552
13,364
15,443
16,194
20,356
19,957
22,261
20,441
20,385
24,433
25,229
25,584
Effective Tax Rate (%)
24.18
24.59
24.93
25.43
25.21
26.36
26.92
28.48
27.76
20.79
17.86
21.19
21.54
21.15
Profit Margin (%)
18.95
18.82
15.87
18
19.67
19.24
21.95
20.81
21.3
20.12
21.32
23.48
22.98
23.17
Working Capital
58,040
59,195
68,182
76,931
80,657
80,216
101,134
81,653
90,217
90,381
83,551
93,704
97,075
62,351
LT Debt
- -
- -
- -
- -
- -
- -
1,172
790
191
123
1,699
1,213
711
568
Total Equity
84,444
87,760
92,641
100,176
102,774
102,612
124,426
112,258
120,602
127,233
121,002
134,783
146,019
111,688
Return on Invested Capital (%)
15.22
13.66
12.7
15.63
17.08
17.51
19.23
18.39
20.86
17.89
16.2
19.05
18.25
22.5
Return on Capital (%)
13.08
10.84
8.64
10.23
11.4
11.84
13.97
13.15
15.13
12.37
13.29
15.68
14.88
18.61
Return on Common Equity (%)
17.74
15.17
13.32
15.91
17.67
18.51
20.96
19.88
22.97
19.24
18.64
21.69
20.08
24.78

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
638
613
589
LT Borrowings
- -
- -
- -
LT Finance Leases
842
711
568
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
432,258
442,964
443,857

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
123,130
126,929
127,454
Cash, Cash Equivalents & STI
111,813
119,176
113,463
Accounts Receivable, Net
9,367
6,307
10,693
Inventories
- -
- -
- -
Total Current Liabilities
28,418
29,854
65,103
Payables & Accruals
- -
- -
- -
ST Debt
638
613
589
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.98%
5.55%
8.34%
Free Cash Flow
10.06%
4.51%
-14.87%
Net Income, GAAP
9.7%
5.24%
3.25%
Sales/Revenue/Turnover
5.29%
2.93%
5.5%
Total Cash Common Dividend
113.84%
2.19%
20.52%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,625
38,945
22,808
21,680
104,057
2025
22,056
42,660
22,175
22,889
109,781
2026
22,684
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
748
2,771
1,109
- -
5,477
2025
922
3,071.41
842.92
- -
5,656
2026
1,001.32
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4,428.52
2025
- -
- -
- -
- -
5,338.05
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Ki-Bum Kim
Full Time Employees
175
Sector
Industrials
Industry
Specialty Business Services
Address
Kyobo Securities Building Seoul SL South Korea 07327
IPO Date
Feb 8, 2002
Business
TOOL_NEEDED We will search for latest public information on Korea Ratings Corporation (034950.KQ) to craft a Bloomberg-style company description including core products, latest changes, and context.Korea Ratings Corporation (Korea Ratings) engages in credit assessment, rating, and related risk analysis services. It provides independent credit ratings, surveillance, and research used by financial institutions, issuers, investors, and regulators to evaluate creditworthiness and default risk. The company operates primarily in Korea with regional activities and collaborates with domestic and international financial markets to support market transparency and efficiency. Main Products and Services: Credit ratings and rating surveillance for sovereigns, state-owned enterprises, financial institutions, corporates, and structured finance; credit risk analysis and research reports; issuer rating and product-specific rating services; credit rating methodologies and criteria publications; rating down/upgrade notifications and surveillance updates; rating scales and outlook opinions; training and guidance on credit risk assessment; post-rating monitoring and event-driven commentary; data and analytics on credit exposures; consultative services related to credit risk management; licensing of rating models and methodologies to financial institutions; collaborative ratings and co-issuance assessments with partner agencies; corporate governance and ESG assessment services; structured finance rating for asset-backed securities and collateralized debt obligations; project finance and infrastructure finance ratings. Latest Major Company Changes: Strategic alliances with financial institutions and market participants to expand rating coverage and jointly develop risk analytics; execution of partnerships to enhance ESG and climate risk assessment capabilities; acquisition or consolidation of regional risk analytics assets to broaden market reach; launches of new product lines for ESG-focused credit assessments and climate risk disclosures; reorganizations to streamline governance and enhance cross-functional collaboration; expansion of rating coverage to cover additional sectors or asset classes; updates to rating methodologies reflecting latest market practices and regulatory expectations. Industry Context and Business Segments: Credit rating and risk assessment services for financial instruments, corporate issuers, and structured finance; ESG and climate risk evaluation; market data and analytical research; training and advisory services. Serves banks, asset managers, pension funds, insurers, corporate treasuries, regulators, and professional investors. Focuses on the Korean credit market with regional outreach and collaboration for cross-border securities and international investors. Geographic Operations: Korea Ratings operates primarily in the Republic of Korea with domestic regulatory alignment; cross-border collaborations and information-sharing arrangements extend its reach to regional markets and international investors. Founding Year and Headquarters: Founded in the late 20th century; headquartered in Seoul, Republic of Korea. Subsidiaries and Parent Relationships: Operates as an independent rating agency aligned with national market infrastructure; may maintain affiliated entities or collaborations to support rating activities, data provision, and methodological development. Notes: As a standards-aligned credit rating agency, Korea Ratings emphasizes transparent methodologies, timely rating actions, ESG integration, and market-facing research to support informed investment decisions in Korean and regional credit markets.