Ace Bed Co., Ltd.

Ace Bed Co., Ltd.

KKRX:003800
31,750.00
KRW
-50.00
(-0.16%)
5,598.84EPS
5.87P/E
346.80BMarket 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
17,215.13
17,683.44
20,135.52
21,275.3
21,529.87
25,014.53
27,062.04
28,235.56
33,783.84
33,684.36
29,026.42
30,879.37
30,052.59
30,576.36
Basic EPS, GAAP
3,026
2,485
3,184
3,165.4
2,765.38
3,094.8
4,313
4,811
6,231
5,293
4,871
6,243.21
5,302
5,598.84
Free Cash Flow per Basic Share
1,253.08
-1,768.14
701.97
-720.98
-220.9
-1,632.78
-102.9
1,190.67
650.34
-158.13
-138.87
4,507.65
- -
2,981.14
Dividend per Share
400
400.01
500.01
659.98
660
645.05
698.43
755.67
781.51
1,043.24
1,054.25
1,232.86
- -
- -
Book Value per Share
31,897.24
33,912.14
36,527.34
38,734.58
41,007.19
42,101.14
45,700.55
49,447.82
54,879.69
58,224.22
61,828.25
66,943.73
- -
70,101.98
Tangible Book Value per Share
31,760.2
33,781.19
36,402.63
38,603.7
40,888.77
42,077.63
45,680.05
49,428.2
54,875.19
58,222.08
61,824.12
66,940.31
- -
70,099.28
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
10
10
11
11
11
11
Sales/Revenue/Turnover
164,784
169,262
192,733
203,651
206,083
244,987
277,433
289,499
346,375
346,241
306,415
325,992
317,267
322,797
Operating Margin (%)
17.71
16.09
17.83
17.58
15.26
16.43
17.99
17.04
22.16
18.87
18.61
20.32
17.05
16.76
Depreciation Expense
4,557
4,609
5,187
5,573
5,757
5,361
7,355
8,286
9,796
10,652
11,119
11,916
12,590
12,575
Net Income, GAAP
28,965
23,786
30,477
30,300
26,470
30,310
44,216
49,327
63,884
54,407
51,420
65,909
55,974
59,107
Effective Tax Rate (%)
25.21
22.31
22.14
22.67
26.35
27.54
24.45
24.57
25.3
23.7
18.77
24.64
21.69
22.02
Profit Margin (%)
17.58
14.05
15.81
14.88
12.84
12.37
15.94
17.04
18.44
15.71
16.78
20.22
17.64
18.31
Working Capital
133,394
88,763
72,357
66,039
45,991
44,561
42,482
50,778
63,056
93,586
84,652
110,977
- -
160,336
LT Debt
- -
- -
- -
- -
- -
- -
- -
4,166
3,241
2,144
- -
564
- -
347
Total Equity
305,600
324,877
349,889
370,985
392,686
431,619
468,519
506,936
562,624
614,670
652,717
706,721
- -
740,063
Return on Invested Capital (%)
7.29
6.6
7.8
7.53
5.96
6.93
8.19
7.42
10.33
8.19
7.16
7.21
- -
5.72
Return on Capital (%)
9.89
7.55
9.04
8.41
6.94
7.35
9.88
10.11
11.9
9.21
8.11
9.7
- -
8.18
Return on Common Equity (%)
9.9
7.55
9.04
8.41
6.94
7.36
9.82
10.11
11.95
9.24
8.11
9.7
- -
8.17

Capital Structure

KRW

•

in mil. unless spec.
Jun'25
Sep'25
Mar'26
ST Debt
208
324
263
LT Borrowings
- -
- -
- -
LT Finance Leases
479
436
347
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
306,151
288,732
346,796

Working Capital

KRW

•

in mil. unless spec.
Jun'25
Sep'25
Mar'26
Total Current Assets
181,795
218,371
257,644
Cash, Cash Equivalents & STI
127,186
163,349
197,294
Accounts Receivable, Net
21,323
21,813
26,294
Inventories
29,339
29,507
29,265
Total Current Liabilities
59,090
62,975
97,308
Payables & Accruals
- -
- -
- -
ST Debt
208
324
263
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
8.1%
4.46%
-15.07%
Sales/Revenue/Turnover
5.51%
2.36%
-2.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
83,708
78,335
77,444
86,505
325,992
2025
81,387
76,481
79,894
- -
317,267
2026
85,036
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,313
2,063
1,006
1,861.58
6,243.21
2025
901
2,151.83
1,123.42
- -
5,302
2026
1,422.61
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1,232.86
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Seong-Ho Ahn
Full Time Employees
559
Sector
Consumer durables
Industry
Home furnishings
Address
Seongnam-si South Korea
IPO Date
May 3, 1996
Website
acebed.com
Business
Ace Bed Co., Ltd. is a South Korea-based company primarily engaged in the research, development, manufacture, and distribution of premium beds, mattresses, and bedroom furniture. Founded in 1963 and headquartered in Seongnam-si, Gyeonggi-do, South Korea, the company operates an integrated business model spanning proprietary sleep science research, automated manufacturing facilities, and an extensive retail distribution network. Ace Bed segments its offerings into core sleep systems, bedroom furniture, imported premium lifestyle furnishings, and specialized sleep care products. The company's product and service portfolio comprises: spring and hybrid mattresses, featuring the handcrafted ultra-luxury line ACE HERITZ, the Royal Ace series, the Hybrid Tech series incorporating patented Hybrid Z Spring technology, and the Club Ace collection; bed frames and bedroom furnishings, including upholstered frames, solid wood bed frames, modular storage beds, nightstands, dressers, and coordinated bedroom cabinetry; imported luxury furniture and ergonomic seating, operating as the exclusive domestic distributor of Norwegian Stressless recliners, sofas, and dining sets, alongside curated European designer furniture brands marketed through multi-brand Ace Avenue galleries; and sleep hygiene and bedding accessories, including Micro Care antimicrobial and anti-mite mattress protectors, Micro Protect bed care hygiene systems, ergonomic pillows, and bedding textiles. The company distributes its products domestically across South Korea through dedicated multi-story Ace Square experiential showrooms, department store concessions, agency retail stores, and online channels, serving residential consumers and luxury hospitality clients. In recent developments, Ace Bed has expanded its direct-to-consumer footprint by opening and remodeling regional Ace Square experiential concept stores featuring customized sleep-trial zones. The company has diversified its imported luxury segment through the introduction of the Stressless Dining Collection and experiential partnerships with upscale hotel properties. Additionally, Ace Bed has implemented strategic price freeze measures across its flagship lineups to support consumer affordability and franchise partner stability, while continuously advancing its automated production engineering to enhance mattress durability and support the growth of its high-tier product segment.