SOCAR Inc.

SOCAR Inc.

403550.KS
SOCAR Inc.KR flagKorea Exchange
10,280.00
KRW
-50.00
- -
337.61BMarket Cap
SOCAR Inc.
403550.KS
(Korea Exchange)

Recent

price

10,280.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
FRC
11,223.47
13,674.07
13,085.79
12,161.17
13,157.99
14,334.24
13,293.45
Revenue per Share
-3,428
297
-597
-1,292
-945
-560
-720.9
Basic EPS, GAAP
-97.36
-581.86
-2,429.7
-3,475.87
-530.96
935.25
-688.26
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-13,861.17
-12,570.88
-9,332.73
-9,954.18
-10,899.46
4,001.66
3,643.81
Book Value per Share
1,194.95
4,365.45
6,022.47
4,492.81
3,589.59
3,632.09
3,295.41
Tangible Book Value per Share
20
21
30
33
33
33
33
Basic Weighted Avg Shares
220,552
289,001
397,560
398,472
431,763
470,703
436,320
Sales/Revenue/Turnover
-6.64
-7.26
2.39
-2.44
-2.28
4.93
5.32
Operating Margin (%)
46,411
59,908
79,562
85,917
104,152
98,760
98,167
Depreciation Expense
-67,363
6,277
-18,138
-42,334
-31,009
-18,389
-23,661
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-30.54
2.17
-4.56
-10.62
-7.18
-3.91
-5.42
Profit Margin (%)
-39,817
-49,882
-27,159
-83,033
-82,739
-143,266
-175,221
Working Capital
95,988
127,537
134,782
219,854
219,238
123,942
124,438
LT Debt
31,703
150,910
247,578
211,739
183,468
164,872
153,464
Total Equity
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
200,901
248,823
241,142
LT Borrowings
195,434
122,743
123,392
LT Finance Leases
1,732
1,198
1,046
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
386,196
376,673
379,096

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
168,305
151,968
121,954
Cash, Cash Equivalents & STI
111,187
110,597
88,094
Accounts Receivable, Net
14,166
14,181
11,692
Inventories
2,037
- -
- -
Total Current Liabilities
255,981
295,235
297,175
Payables & Accruals
- -
- -
- -
ST Debt
200,901
248,823
241,142
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
80.42%
-10.14%
Free Cash Flow
- -
147.27%
-276.27%
Net Income, GAAP
- -
-86.46%
-40.7%
Sales/Revenue/Turnover
- -
17.24%
9.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
90,575
101,762
117,004
122,422
431,763
2025
131,505
98,660
111,814
128,724
470,703
2026
97,122
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-511
-353
35
- -
-945
2025
-107
-54.24
48.47
- -
-560
2026
-268
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
SOCAR Inc. SOCAR Inc. operates as a leading mobility platform in South Korea, primarily providing car-sharing services through its app-based platform that enables contactless, 24/7 vehicle access across more than 5,000 zones nationwide; it also offers long-term subscription rentals under the SOCAR Plan with flexible periods from one month to 36 months, platform parking services, micro-mobility options including electric bikes, and enterprise car-sharing solutions for businesses to optimize fleet management and reduce ownership costs. Founded in 2011 and headquartered in Jeju-si, South Korea, the company serves a broad customer base from Gen Z to baby boomers, commanding an 82% market share in the domestic car-sharing sector with a fleet exceeding 19,000 vehicles; it targets urban commuters, tourists, and corporate clients while expanding into integrated mobility ecosystems encompassing one-way airport services, foreigner rentals, and potential air reservations. In recent developments, SOCAR Inc. achieved its first operating profit of 4.6 billion won in Q3 2024 on consolidated basis, implemented the SOCAR 2.0 strategy by extending vehicle operation periods to 48 months and boosting SOCAR Plan capacity by over 319% year-over-year to 6,825 units, resumed used car sales for portfolio optimization, and listed on the Korea Stock Exchange in August 2022 following acquisitions of parking platform Modu Company and electric bike service Elecle to advance its super app ambitions. The company partners with entities like Naver for AI-enhanced services, local governments for parking sharing, and public institutions such as Korea Airports Corporation, while focusing on EV integration and autonomous driving investments to drive sustainable growth amid rising demand from older demographics.