1. South Korea Stocks

  2. •

    Consumer durables

  3. •

    Recreational products
Samick Musical Instruments Co., Ltd

Samick Musical Instruments Co., Ltd

KKRX:002450
1,057.00
KRW
-2.00
(-0.19%)
538.73EPS
2.12P/E
88.04BMarket 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
2,295.52
2,072.34
2,038.46
2,642.66
2,638.08
2,813.37
3,169.32
2,963.66
3,533.08
4,011.4
3,043.04
3,001.28
2,956.2
2,958.59
Basic EPS, GAAP
668
143
105
80
-63
162
163
120
294
186
42
41
232
545.45
Free Cash Flow per Basic Share
-90.88
313.11
-66.98
-309.81
-21.62
-340.33
-81.76
370.6
133.03
141.92
197.69
417.2
125.47
191.96
Dividend per Share
- -
43.78
50.01
49.94
46.86
50.12
49.87
49.94
49.95
51.08
49.73
52.78
50.07
- -
Book Value per Share
2,769.56
2,524.73
2,593
2,839.17
2,507.58
2,528.26
2,685.35
2,670.69
3,074.08
3,225.4
3,245.15
3,591.63
3,697.68
4,349.53
Tangible Book Value per Share
2,735.65
2,486.4
2,549.48
2,794.82
1,875.06
1,647.5
1,893.34
1,906.14
2,577.29
2,702.19
2,695.96
2,988.56
3,122.86
3,394.61
Basic Weighted Avg Shares
69
75
79
79
84
85
84
84
84
81
81
77
76
76
Sales/Revenue/Turnover
158,443
155,113
160,730
208,647
221,993
240,038
265,392
247,858
295,428
325,700
247,929
230,380
224,439
224,918
Operating Margin (%)
11.05
12.17
9.23
6.6
9.85
9.97
10.43
8.15
11.29
3.55
2.67
2.6
1.02
4.49
Depreciation Expense
4,309
4,022
4,050
4,762
10,638
11,174
12,305
13,383
13,150
13,476
13,168
16,876
17,060
17,722
Net Income, GAAP
46,107
10,703
8,279
6,316
-5,301
13,822
13,649
10,036
24,584
15,102
3,422
3,147
17,614
41,466
Effective Tax Rate (%)
25.26
30.33
43.45
41.73
16.65
- -
1.35
29.82
41.58
35.95
52.89
51.97
18.14
21.36
Profit Margin (%)
29.1
6.9
5.15
3.03
-2.39
5.76
5.14
4.05
8.32
4.64
1.38
1.37
7.85
18.44
Working Capital
120,026
88,620
75,926
48,266
-33,946
-50,002
24,018
-29,409
66,230
75,827
53,408
61,018
-9,906
-62,869
LT Debt
36,406
40,442
58,886
37,990
149,106
136,848
201,677
131,545
95,543
100,239
90,640
83,623
2,768
56,222
Total Equity
181,705
212,511
218,090
224,443
206,619
211,480
224,165
222,897
253,911
260,653
262,203
272,153
279,903
329,201
Return on Invested Capital (%)
4.49
4.22
2.52
2.16
4.16
- -
5.19
2.62
3.7
1.56
0.69
0.65
0.43
1.62
Return on Capital (%)
17.97
4.6
3.19
2.46
1.06
- -
4.9
3.3
5.69
4.11
1.5
1.41
5.22
9.52
Return on Common Equity (%)
28.35
5.44
3.86
2.86
-2.42
6.49
6.27
4.49
10.28
5.85
1.31
1.17
6.36
13.68

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
152,613
157,716
158,624
LT Borrowings
1,465
1,546
49,521
LT Finance Leases
1,303
1,162
6,701
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
76
76
76
Market Capitalization
94,278
90,097
88,044

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
181,810
200,330
140,566
Cash, Cash Equivalents & STI
110,367
126,213
63,337
Accounts Receivable, Net
22,569
23,718
21,423
Inventories
33,609
34,941
41,692
Total Current Liabilities
191,716
202,255
203,435
Payables & Accruals
- -
- -
- -
ST Debt
152,613
157,716
158,624
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.66%
4.76%
2.85%
Free Cash Flow
114.5%
1.57%
-70.25%
Net Income, GAAP
-11.54%
96.14%
459.67%
Sales/Revenue/Turnover
4.42%
-0.82%
-2.58%
Total Cash Common Dividend
- -
- -
-6.17%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
78,140
46,536
47,338
58,366
230,380
2025
75,338
48,538
45,797
54,766
224,439
2026
70,413
53,942
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
132
-63
-34
-1.01
41
2025
63
199
14.06
-44.46
232
2026
166.98
409
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
52.78
2025
- -
- -
- -
- -
50.07
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hyung-Guk Lee
Full Time Employees
45
Sector
Consumer durables
Industry
Recreational products
Address
313 Soi-ro Eumseong-gun NC South Korea
IPO Date
Sep 30, 1988
Website
samick.co.kr
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Business
SAMICK MUSICAL INSTRUMENT Co., Ltd manufactures and sells a broad range of musical instruments primarily in South Korea; its core products include acoustic and digital pianos under brands such as Samick, Wm. Knabe & Co., Pramberger, Kohler & Campbell, Seiler, and Samick Digital; guitars and basses including acoustic, electric, and brands like Greg Bennett, Silvertone, Stony River, and San Mateo; ukuleles; orchestral instruments; electronic drums; DJ equipment; digital audio products; and educational instruments, with online sales channels complementing its distribution. The company operates factories in South Korea, Indonesia, and a joint venture in China, with North American headquarters in Gallatin, Tennessee handling administration, distribution, and limited piano production. Founded in 1958 and headquartered in Eumseong-gun, South Korea, it serves professional musicians, educational institutions, and recreational users globally through subsidiaries and OEM partnerships with brands like Squier, Epiphone, Washburn, and Hohner. In recent developments, SAMICK launched KRK ROKIT 5th generation studio monitors and Sheeren Loopers in 2024, opened a popup store at IPARK Mall Yongsan, and introduced new K-pop series products including two K-pop pianos to align with global K-pop culture; it continues an equity buyback program initiated in February 2024 with updates through May 2024, while expanding electronic instruments, music education platforms, and domestic distributorships for brands like GEWA digital pianos and DEXIBELL keyboards.