Korea Airport Service Co., Ltd.

Korea Airport Service Co., Ltd.

KKRX:005430
85,000.00
KRW
+600.00
(+0.71%)
14,999.73EPS
5.43P/E
249.24BMarket 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
137,901.18
143,287.15
149,018.18
154,534.44
158,724.84
172,027.23
164,734.31
99,147.27
112,980.64
130,954.85
178,121.8
204,875.48
216,855.39
228,201.67
Basic EPS, GAAP
-3,746
9,159
2,888
5,702
7,316
6,159
5,318
-15,519
1,063
1,888
10,275
13,278
13,258
14,999.73
Free Cash Flow per Basic Share
672.52
-14,899.13
6,161.87
711.31
11,778.6
213.35
8,563.82
5,000.68
2,325.9
7,486.57
4,149.59
933.03
-3,556.18
5,403.2
Dividend per Share
499.9
500.1
499.95
500.02
499.88
499.89
999.9
999.89
- -
- -
- -
999.91
999.88
- -
Book Value per Share
79,688.8
86,899.33
87,812.72
92,138.1
103,259.21
104,346.88
105,627.28
89,114.43
94,850.97
110,939.51
113,946.65
121,065.29
132,481.52
139,854.32
Tangible Book Value per Share
78,494.63
84,492.32
85,482.55
90,492.22
101,711.71
102,858.56
102,785.91
86,617.15
92,653.29
109,083.15
112,430.07
119,645.32
131,041.1
138,430.45
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
421,743
438,214
455,700
472,598
485,445
526,113
503,778
303,207
345,532
400,521
544,725
626,537
663,193
697,877
Operating Margin (%)
1.94
3.07
3.38
5.67
5.56
4.69
4.45
-16.67
-0.26
0.65
6.24
7.18
7.09
7.68
Depreciation Expense
11,405
12,500
13,840
14,941
16,380
16,182
26,272
24,805
22,170
21,091
23,116
25,772
27,955
29,012
Net Income, GAAP
-11,456
28,011
8,832
17,438
22,375
18,836
16,263
-47,459
3,251
5,774
31,423
40,606
40,546
45,872
Effective Tax Rate (%)
- -
21.37
25.34
22.77
18.23
22.46
23.79
- -
- -
15.16
21.24
18.91
16.75
15.94
Profit Margin (%)
-2.72
6.39
1.94
3.69
4.61
3.58
3.23
-15.65
0.94
1.44
5.77
6.48
6.11
6.57
Working Capital
62,117
96,736
127,231
119,423
137,903
153,733
154,025
116,099
137,446
140,816
133,663
122,395
119,423
119,141
LT Debt
23,051
12,194
6,385
253
127
- -
31,489
20,273
13,011
8,339
17,243
14,436
14,264
32,845
Total Equity
243,708
265,760
268,553
281,781
315,792
319,119
323,035
272,534
290,074
339,276
348,473
370,243
405,156
427,704
Return on Invested Capital (%)
- -
3.57
3.86
7.08
7.23
5.99
4.99
- -
- -
0.66
7.27
9.29
9.31
10.06
Return on Capital (%)
- -
10.23
3.39
6.33
7.51
5.93
5.13
- -
- -
1.93
8.83
10.76
10.02
10.59
Return on Common Equity (%)
-4.77
11
3.31
6.34
7.49
5.93
5.07
-15.94
1.16
1.84
9.14
11.3
10.46
11.24

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8,073
9,797
9,874
LT Borrowings
- -
- -
- -
LT Finance Leases
14,264
32,337
32,845
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
198,784
173,706
249,244

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
196,093
185,474
194,686
Cash, Cash Equivalents & STI
90,759
84,825
104,506
Accounts Receivable, Net
81,246
74,174
65,014
Inventories
17,146
18,473
20,434
Total Current Liabilities
76,669
73,631
75,545
Payables & Accruals
- -
- -
- -
ST Debt
8,073
9,797
9,874
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.54%
8.36%
9.43%
Free Cash Flow
480.66%
-86.97%
-481.15%
Net Income, GAAP
14.85%
88.8%
-0.15%
Sales/Revenue/Turnover
5.75%
17.35%
5.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
149,940
150,005
157,268
169,324
626,537
2025
156,868
160,297
166,971
179,056
663,193
2026
177,976
173,874
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,257
3,729
4,342
949.64
13,278
2025
3,743
3,098
3,785.47
2,632.1
13,258
2026
5,203.14
3,379
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
999.91
2025
- -
- -
- -
- -
999.88
2026
- -
- -
- -
- -
- -

Company Description

CEO
Soo-Geun Lee
Full Time Employees
3,409
Sector
Transportation
Industry
Other transportation
Address
13, Yangcheon-ro Seoul SL South Korea 04511
IPO Date
Dec 28, 1976
Website
kas.co.kr
Business
Korea Airport Service Co., Ltd. (005430.KS) provides aircraft ground handling and aviation support services primarily at airports in South Korea, including Incheon and Gimpo; its core offerings encompass passenger check-in and baggage handling, cargo loading and unloading, aircraft towing and pushback, fueling, ramp handling for catering and cabin storage, interior and exterior cleaning, de-icing and snow removal, wheelchair and ambulance services, water and toilet servicing, and ground equipment rental. The company, founded in 1968 and headquartered at 13 Yangcheon-ro, Gangseo-gu, Seoul, also manufactures and sells HANJIN Jeju Pure Water brand drinking spring water, engages in limestone mining and processing, and provides livestock farming and agricultural products. As a subsidiary of Korean Air Co., Ltd., it serves Korean Air and over 50 global airlines across multiple domestic and international airports. Recent developments include FAA approval for U.S. aircraft maintenance services and affirmed dividends of KRW1,000 per share amid steady Q3 2025 earnings, while benefiting indirectly from Korean Air's completed 2024 acquisition of a 63.88% stake in Asiana Airlines, enhancing Incheon Airport hub operations without direct workforce restructuring.