TS Corporation

TS Corporation

2,050.00
KRW
+15.00
(+0.74%)
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
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
1,359,909
1,323,531
1,245,773
1,264,247
1,274,537
1,208,367
1,204,395
1,214,452
1,261,349
1,378,076
1,332,350
1,373,829
1,356,276
1,326,737
Operating Margin (%)
1.1
1.63
1.84
3.54
1.29
2.71
2.45
3.71
3.33
2.76
3.54
2.69
-5.22
-5.65
Depreciation Expense
15,891
16,735
16,560
14,925
15,221
15,355
16,860
15,645
14,368
13,365
12,878
13,433
11,450
11,163
Net Income, GAAP
10,740
6,517
-17,639
22,542
10,606
9,730
14,740
22,611
20,173
25,543
32,573
20,491
-60,396
-83,677
Effective Tax Rate (%)
57.45
51.14
- -
49.92
23
33
34.97
35.73
25.86
25.8
22.9
41.11
- -
- -
Profit Margin (%)
0.79
0.49
-1.42
1.78
0.83
0.81
1.22
1.86
1.6
1.85
2.44
1.49
-4.45
-6.31
Working Capital
133,149
111,179
100,873
147,570
115,041
117,135
118,186
141,717
149,145
223,734
290,651
270,116
282,312
257,349
LT Debt
243,585
236,261
274,939
252,879
207,529
220,151
210,343
211,021
178,643
230,206
247,003
236,581
266,716
248,193
Total Equity
443,986
447,508
424,867
449,826
451,782
451,970
464,321
478,569
511,199
537,719
554,591
559,152
483,946
494,714
Return on Invested Capital (%)
2.2
2.4
- -
2.47
1.4
2.5
2.18
3.34
3.42
2.96
3.8
2.27
- -
- -
Return on Capital (%)
2.17
1.69
- -
3.19
2.24
2.13
2.68
3.33
2.91
3.67
4.75
3.23
- -
- -
Return on Common Equity (%)
2.46
1.47
-4.06
5.18
2.36
2.16
3.23
4.82
4.1
4.9
6
3.7
-11.68
-15.55

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
137,907
138,999
119,492
LT Borrowings
265,536
256,727
246,944
LT Finance Leases
1,180
1,051
1,249
Preferred Equity and Hybrid Capital
3,241
3,241
3,241
Shares Outstanding
- -
- -
- -
Market Capitalization
- -
- -
- -

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
721,095
714,877
674,103
Cash, Cash Equivalents & STI
326,499
298,411
278,356
Accounts Receivable, Net
105,473
105,806
108,167
Inventories
243,290
263,032
254,961
Total Current Liabilities
438,783
450,826
416,754
Payables & Accruals
- -
- -
- -
ST Debt
137,907
138,999
119,492
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.47%
0.5%
-13.45%
Free Cash Flow
1,389.93%
60.73%
-142.41%
Net Income, GAAP
-57.26%
-77.7%
-394.74%
Sales/Revenue/Turnover
0.92%
2.32%
-1.28%
Total Cash Common Dividend
- -
13.69%
2.17%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
325,173
340,577
354,668
353,412
1,373,829
2025
329,373
351,935
345,965
329,002
1,356,276
2026
315,141
336,628
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Seung-Woo Kang
Full Time Employees
320
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
116 Wolmi-ro Inchon South Korea 22300
IPO Date
Dec 27, 1968
Website
ts.co.kr
Business
TS Corporation, founded in 1956 and headquartered in Incheon, South Korea, operates primarily as a leading Korean sugar refiner and food company. It specializes in producing and supplying sugar, food materials, additives, dairy products, raw materials for bakery, mixed seasonings, and other agricultural products. The company also manufactures animal feed and engages in producing nutraceuticals and premium foods for aging control and adult disease prevention. TS Corporation maintains a fully automated production system and manages a nationwide distribution network within South Korea, while also developing close global partnerships with companies such as Roquette of France and ConAgra of the United States to enhance its product offerings. In recent years, TS Corporation has focused on technological advancement and quality control, having received the ISO 9001 certification in 1999, the first among Korean sugar refineries. It actively improves production facilities to meet environmental standards and customer satisfaction requirements. While the core business remains centered on sugar and foodstuff manufacturing and distribution, TS Corporation continues to expand its product range and service scope, aiming to become a total food service corporation. Separately, TS Conductor, a US-based company related by name but distinct in business focus, announced in 2024 a significant $60 million funding round led by Wellington Management to expand production of advanced electric power lines. TS Conductor develops high-performance aluminum encapsulated carbon core conductors that triple the capacity of traditional power lines while reducing line losses during operation. This company plans to open a second US production facility to meet strong customer demand, with key strategic investment from climate tech and power sector leaders. This operational expansion aims to support the modernization of the electricity grid to accommodate renewable energy integration efficiently. Overall, TS Corporation stands as an established food and sugar manufacturer in South Korea with a long history and comprehensive product lines, while TS Conductor focuses on innovative electric power transmission technology in the US market, reflecting significant recent capital investment and production growth initiatives. These parallel yet separate activities highlight TS's broad presence across both traditional food manufacturing and advanced energy infrastructure sectors.