1. South Korea Stocks

  2. •

    Distribution services

  3. •

    Wholesale distributors
Zinus Inc

Zinus Inc

KKRX:013890
6,050.00
KRW
-220.00
(-3.51%)
-4,086.58EPS
198.87BMarket Cap
Nov 03Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
19,818.67
34,976.35
36,080.1
46,228.15
44,870.46
50,114.89
49,170.29
39,059.47
41,969.23
41,647.96
32,879.18
Basic EPS, GAAP
3,633.63
2,620.04
2,530.56
4,097.4
2,076.36
2,303.53
1,245.45
217.27
-310
-844
-4,086.58
Free Cash Flow per Basic Share
785.44
-504.28
-3,833.94
-3,853.05
-3,166.67
846.96
-4,213.89
3,208.94
-960.25
7,449.9
3,281.52
Dividend per Share
- -
- -
- -
- -
455.67
316.24
347.81
398.8
82.79
90
- -
Book Value per Share
5,424.59
7,632.77
10,227.17
18,889.65
20,309.21
23,592.17
28,208.09
28,198.69
30,683.65
29,616.73
29,296.87
Tangible Book Value per Share
5,141.47
6,986.15
7,641.74
18,584.73
20,014.33
22,988.86
27,698.28
27,777.09
30,272.25
29,266.42
28,923.78
Basic Weighted Avg Shares
17
17
17
18
22
22
24
24
22
22
22
Sales/Revenue/Turnover
341,519
602,755
621,764
817,138
989,525
1,123,843
1,159,606
952,283
920,399
913,180
720,887
Operating Margin (%)
23.82
14.47
8.54
12.71
8.76
6.61
5.66
1.93
-0.59
2.79
-12.2
Depreciation Expense
2,838
3,991
6,604
19,179
24,620
32,224
42,440
43,127
48,668
54,693
33,693
Net Income, GAAP
62,615
45,152
43,609
72,426
45,790
51,657
29,372
5,297
-6,798
-18,506
-89,600
Effective Tax Rate (%)
25.45
31.31
25.07
21.67
20.3
26.38
32.57
- -
- -
- -
- -
Profit Margin (%)
18.33
7.49
7.01
8.86
4.63
4.6
2.53
0.56
-0.74
-2.03
-12.43
Working Capital
72,468
81,623
107,723
223,819
209,881
213,073
294,464
271,962
226,945
303,438
274,897
LT Debt
16,527
14,842
66,509
64,049
80,558
93,569
87,509
75,219
80,852
92,133
82,884
Total Equity
93,485
131,539
176,250
374,144
414,413
478,228
626,157
625,764
672,764
649,371
642,358
Return on Invested Capital (%)
- -
32.25
13.76
16.79
10.63
7.28
4.98
- -
- -
- -
- -
Return on Capital (%)
- -
28.07
16.97
17.36
8.48
7.96
4.59
- -
- -
- -
- -
Return on Common Equity (%)
- -
40.13
28.34
26.32
11.61
11.57
5.32
0.85
-1.05
-2.8
-13.76

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
190,378
198,944
220,542
LT Borrowings
15,052
14,736
12,747
LT Finance Leases
77,081
75,064
70,137
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
22
22
22
Market Capitalization
285,036
225,836
198,867

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
625,900
613,078
608,009
Cash, Cash Equivalents & STI
223,411
198,785
180,905
Accounts Receivable, Net
103,979
85,665
91,108
Inventories
157,589
173,086
174,704
Total Current Liabilities
322,463
323,496
333,112
Payables & Accruals
- -
- -
- -
ST Debt
190,378
198,944
220,542
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.06%
-3.48%
Free Cash Flow
- -
-386.35%
-875.68%
Net Income, GAAP
- -
-33.69%
172.21%
Sales/Revenue/Turnover
- -
-1.05%
-0.78%
Total Cash Common Dividend
- -
-13.58%
8.68%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
152,246
206,265
272,870
289,019
920,399
2025
249,928
229,466
241,741
192,046
913,180
2026
139,558
147,542
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-554.55
-430.91
-121.82
913.75
-310
2025
851
345
-452.68
-1,587.11
-844
2026
-1,040.79
-1,006
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
82.79
2025
- -
- -
- -
- -
90
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Baek-Jae Jung
Full Time Employees
154
Sector
Distribution services
Industry
Wholesale distributors
Address
10 Yatap-ro 81beon-gil Seongnam-si GY South Korea 13497
IPO Date
Oct 30, 2019
Website
zinus.co.kr
Similar Companies
Adani Enterprises Limited (NSE:ADANIENT)
Aegis Logistics Limited (NSE:AEGISLOG)
Marine Electricals (India) Limited (NSE:MARINE)
Mitsubishi Corporation (TSE:8058)
Fastenal Company (NASDAQ:FAST)
GigaCloud Technology Inc (NASDAQ:GCT)
Business
Zinus, Inc. (013890.KS) manufactures and sells mattresses, bed frames, bedding products, and related furniture. The company offers foam mattresses, spring mattresses, hybrid mattresses including LuxS Hybrid and Ultima Air Hybrid Spring, mattress toppers, pillows, box springs, platform beds, smart bases, standing desks, pet beds, pet steps, and other bedroom and office furniture; it sells these products through online channels and stores to residential customers worldwide. Zinus operates manufacturing facilities in South Korea, China, Indonesia, and the United States, with distribution centers across North America, Asia, and Europe, serving markets in over 15 countries including the US, Canada, and Japan. Founded in 1979 and headquartered in Seongnam-si, South Korea, Zinus employs 147 people and belongs to the Hyundai Department Store Group following its 2022 sale of a 35.8% stake for $732 million. Recent developments include a 2024 equity buyback of up to 237,972 shares to enhance shareholder value, robust earnings for the year to September 2025 with free cash flow of 131 billion KRW exceeding reported profit, and new product launches such as thicker 25cm mattresses and queen-size variants in Japan.