TAE WON MULSAN Co., Ltd.

TAE WON MULSAN Co., Ltd.

KKRX:001420
2,600.00
KRW
-315.00
(-10.81%)
-404.28EPS
21.83BMarket 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
5,184.4
4,294.8
4,149
4,335.73
3,373.42
2,951.34
2,966.28
2,228.1
1,330.13
1,497.33
1,228.94
1,577.75
2,026.67
2,322.52
Basic EPS, GAAP
268
111
92
195
112
48
73
-3.66
11
-186
-11
2,382
-319
-404.28
Free Cash Flow per Basic Share
73.83
-272.37
100.82
524.49
-97.07
121.59
199.68
64.29
63.49
29.43
-172.01
225.67
-679.96
248.2
Dividend per Share
95.27
57.04
79.82
89.96
99.34
79.07
69.56
84.99
49.62
55.12
48.91
139.98
199.95
- -
Book Value per Share
4,420.77
4,278.98
4,331.34
4,426.84
4,443.54
4,391.97
4,390.82
4,311.82
4,272.77
4,032.88
3,949.29
6,174.19
5,683.43
5,451.21
Tangible Book Value per Share
4,411.78
4,275.75
4,328.19
4,423.33
4,440.12
4,391.61
4,390.58
4,311.74
4,272.73
4,032.87
3,949.29
6,174.19
5,683.43
5,451.21
Basic Weighted Avg Shares
7
7
7
7
7
7
7
7
7
7
7
7
7
7
Sales/Revenue/Turnover
38,052
31,591
30,491
31,807
24,901
21,895
21,887
16,339
9,828
10,955
9,212
11,571
14,865
17,246
Operating Margin (%)
4.31
1.85
0.8
4.67
1.04
0.28
0.32
-3.93
-4.13
-4.79
-8.69
-7.73
-6.58
-8.15
Depreciation Expense
470
474
735
724
724
644
596
610
436
384
257
212
217
213
Net Income, GAAP
1,967
816
676
1,431
827
356
539
-27
81
-1,361
-82
17,469
-2,340
-3,002
Effective Tax Rate (%)
15.5
26.33
16.81
21.02
20.01
17.43
15.61
- -
15.05
212.41
- -
3.59
- -
- -
Profit Margin (%)
5.17
2.58
2.22
4.5
3.32
1.63
2.46
-0.16
0.83
-12.42
-0.9
150.97
-15.74
-17.41
Working Capital
15,928
17,008
16,826
16,942
16,997
17,705
18,406
18,224
18,204
17,770
25,949
42,616
38,992
37,211
LT Debt
- -
2,499
2,097
1,165
233
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
30,917
31,378
31,762
32,463
32,585
32,207
32,198
31,619
31,333
29,574
28,961
45,276
41,677
39,727
Return on Invested Capital (%)
4.57
1.33
0.59
3.37
0.6
0.11
0.18
- -
-1.06
1.88
- -
-2.17
- -
- -
Return on Capital (%)
6.51
2.55
2.17
4.3
2.53
1.13
1.67
- -
0.3
-4.44
- -
46.44
- -
- -
Return on Common Equity (%)
6.51
2.62
2.14
4.45
2.54
1.1
1.67
-0.08
0.26
-4.47
-0.28
47.06
-5.38
-7.16

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
14
- -
42
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
26,106
21,339
21,827

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
40,096
40,513
38,885
Cash, Cash Equivalents & STI
35,516
35,785
34,669
Accounts Receivable, Net
1,138
1,606
1,608
Inventories
2,208
2,318
2,150
Total Current Liabilities
1,104
3,381
1,674
Payables & Accruals
- -
- -
- -
ST Debt
14
- -
42
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.94%
7.96%
-7.95%
Free Cash Flow
-131.3%
-276.63%
-401.35%
Net Income, GAAP
-2,371.09%
-4,733.93%
-113.39%
Sales/Revenue/Turnover
-4.51%
1.96%
28.47%
Total Cash Common Dividend
19.51%
36.52%
42.86%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,322
2,932
2,357
2,961
11,571
2025
2,706
3,991
5,003
3,165
14,865
2026
3,742
5,336
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,257
42
38
44.42
2,382
2025
28
12
9.32
-369.98
-319
2026
-67.63
18
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
139.98
2025
- -
- -
- -
- -
199.95
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gi-Young Nam
Full Time Employees
31
Sector
Non-energy minerals
Industry
Construction materials
Address
14, Teheran-ro 86-gil Seoul SL South Korea
IPO Date
Jun 24, 1975
Website
twms.co.kr
Business
Tae Won Mulsan Co., Ltd. Tae Won Mulsan Co., Ltd. manufactures and sells automotive engine components and construction gypsum products in South Korea. The company operates two primary segments including the automotive parts business, which supplies water pumps for farm machines and automobiles; rod and cable type gear shift cover assemblies; shift blocks and front bearing covers for trucks; brackets for transmission mounts; shackles for alternators; EGR adapters; and ECU housing products to customers such as GM Korea and HD Hyundai Infracore; and the gypsum business, which produces refined phosphate gypsum, gypsum plaster, calcined gypsum, and gypsum resin mortar for use as cement additives and construction materials. It also engages in importing processed foods for distribution to domestic companies. Founded in 1955 and formerly known as Samyang Trading until its name change in February 1968, the company is headquartered at 14, Teheran-ro 86-gil in Gangnam-gu, Seoul, South Korea, with approximately 67 employees focused on the consumer discretionary sector's auto parts industry. Recent developments include sustained supply relationships in the automotive sector and ongoing operations in gypsum production amid stable financial performance, with fiscal year 2024 revenue of 11.57 billion KRW and net income of 1.19 billion KRW as well as an announced annual dividend payable in April 2026.