LS Networks Corporation Ltd.

LS Networks Corporation Ltd.

KKRX:000680
2,795.00
KRW
-125.00
(-4.28%)
254.66EPS
223.80BMarket 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
10,308.41
12,907.16
10,005.57
6,628.55
6,025.89
6,073.05
5,483.38
4,561.04
5,315.59
4,995.81
5,142.15
24,709.93
33,157.64
72,393.52
Basic EPS, GAAP
-257
9.67
-1,037
-1,186
280
222
-942
-336
818
-33
145
-379
-405
-72.24
Free Cash Flow per Basic Share
-467.63
-792.68
-41.29
-468.05
142.25
37.24
-392.46
302.5
250.88
-124.32
155.95
-10,261.25
318.74
8,381.77
Dividend per Share
11.04
4.17
5.98
- -
- -
- -
- -
- -
- -
- -
- -
135.12
143.71
- -
Book Value per Share
10,381.05
10,396.7
9,387.49
8,204.03
8,475.09
8,683.27
7,065.85
6,710.84
7,533.07
7,509.22
7,619.53
11,723.72
11,324.32
11,772.99
Tangible Book Value per Share
10,258.04
10,280.15
9,278.23
8,135.82
8,414.91
8,631.87
7,022.89
6,674.34
7,499.26
7,458.68
7,571.53
11,246.32
10,891.34
11,295.62
Basic Weighted Avg Shares
75
73
73
73
74
73
73
73
73
73
74
78
79
79
Sales/Revenue/Turnover
771,012
948,088
730,951
487,043
443,353
445,888
402,813
334,865
390,471
362,911
379,632
1,933,814
2,615,245
5,705,838
Operating Margin (%)
-0.65
0.28
-9.96
-13.45
0.63
1.58
-4.94
-12.9
1.9
2.83
4.07
1.63
1.18
1.55
Depreciation Expense
18,542
17,412
15,241
13,055
10,804
10,559
16,689
16,456
10,854
10,241
9,387
24,891
27,071
28,268
Net Income, GAAP
-19,222
710
-75,757
-87,143
20,601
16,299
-69,200
-24,669
60,088
-2,397
10,705
-29,661
-31,944
-5,694
Effective Tax Rate (%)
- -
39.92
- -
- -
37.69
14.74
- -
- -
25.62
- -
14.22
- -
- -
55.73
Profit Margin (%)
-2.49
0.07
-10.36
-17.89
4.65
3.66
-17.18
-7.37
15.39
-0.66
2.82
-1.53
-1.22
-0.1
Working Capital
152,387
-111,712
-1,008
-81,949
-257,091
49,226
97,608
-315,858
108,779
71,319
-312,392
-1,097,586
-270,927
120,864
LT Debt
348,237
145,055
345,089
269,328
60,137
350,359
429,274
61,327
473,666
446,461
35,578
489,835
504,723
477,921
Total Equity
774,152
769,353
689,886
602,933
622,851
638,148
519,296
493,209
553,629
551,876
564,008
1,308,828
1,277,960
1,322,523
Return on Invested Capital (%)
- -
0.13
- -
- -
0.16
0.31
- -
- -
0.32
- -
0.99
- -
- -
0.57
Return on Capital (%)
- -
0.94
- -
- -
2.9
2.91
- -
- -
7.04
- -
2.67
- -
- -
-0.5
Return on Common Equity (%)
-2.46
0.09
-10.43
-13.48
3.36
2.59
-11.96
-4.87
11.48
-0.43
1.92
-3.99
-3.52
-0.77

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4,786,486
4,906,941
4,343,016
LT Borrowings
482,678
482,734
462,787
LT Finance Leases
22,045
19,846
15,134
Preferred Equity and Hybrid Capital
76
76
76
Shares Outstanding
79
79
79
Market Capitalization
267,930
239,955
223,801

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,031,912
12,259,009
12,998,279
Cash, Cash Equivalents & STI
6,057,885
5,201,215
7,252,980
Accounts Receivable, Net
18,372
13,954
13,891
Inventories
66,476
67,919
60,756
Total Current Liabilities
9,302,840
13,320,114
12,877,415
Payables & Accruals
- -
- -
- -
ST Debt
4,786,486
4,906,941
4,343,016
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.34%
28.77%
-2.36%
Free Cash Flow
-806.73%
-1,514.31%
-103.13%
Net Income, GAAP
-208.19%
-272.7%
7.7%
Sales/Revenue/Turnover
39.05%
91.76%
35.24%
Total Cash Common Dividend
- -
- -
7.19%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
383,896
498,726
518,922
532,269
1,933,814
2025
444,191
549,157
579,733
1,042,164
2,615,245
2026
1,704,848
2,379,093
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.3
41
-285
-314.39
-379
2025
-35
172
-78.99
-441.85
-405
2026
191.53
257
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
135.12
2025
- -
- -
- -
- -
143.71
2026
- -
- -
- -
- -
- -

Company Description

CEO
Seok-Gu Do
Full Time Employees
167
Sector
Retail trade
Industry
Specialty stores
Address
1st Floor, 428 Hogye-ro Gimhae-si SG South Korea 621914
IPO Date
Nov 15, 1973
Business
LS Networks Corporation Limited is a South Korea-based company engaged in consumer brand and retail, global trading, and asset management businesses. The company operates its consumer brand segment through the distribution of sportswear, outdoor apparel, and footwear under prominent brand names such as PROSPECS, MONT-BELL, SKECHERS, JACK WOLFSKIN, and its professional bicycle brand BICLO. The trading segment involves the global trade of raw materials and equipment, machinery and plants, telecommunications and electric power products, new and renewable energy resources, as well as steel and coal. Its asset management business includes real estate rental services, notably managing properties like the LS Yongsan Tower, and logistics facilities situated in major South Korean locations including Incheon, Gimhae, and Seongnam. LS Networks is headquartered in Gimhae, South Korea, and was founded in 1949. Recently, LS Networks has expanded its portfolio by strengthening its investment in asset management and consumer brands while maintaining a broad geographic reach that extends beyond South Korea into international markets. Key operational advancements include the strategic acquisition of eBest Investment & Securities, now rebranded as LS Securities, which marks the company's expansion into the financial sector with enhanced focus on investment banking. This acquisition reflects a significant strategic shift aimed at broadening the scope of its business activities. Additionally, LS Networks continues to invest in renewable energy and infrastructure development projects across Russia and Central Asia. The company has also maintained a strong presence in telecommunications through its trading of telecommunication equipment and networks. Through these moves, LS Networks consolidates its position as a multifaceted conglomerate active in multiple industries including consumer goods, trading, finance, and asset management. The company serves diverse target markets, including consumers of branded sports and outdoor apparel, businesses requiring industrial materials and equipment, and tenants of commercial real estate. It holds a prominent place within the LS Group, known as the primary consumer goods division. LS Networks operates a comprehensive global trading business that intersects with energy, machinery, steel, and renewable resources sectors, ensuring a wide international operational footprint. Its sustained focus on consumer brand portfolio development, including high-quality offerings under domestic and international brand franchises, positions it strongly in the retail market. With over 70 years of history, LS Networks combines traditional trading capabilities with modern consumer retail and asset portfolio management, anchoring growth through recent strategic acquisitions and expansions.