Fursys, Inc.

Fursys, Inc.

KKRX:016800
24,250.00
KRW
+500.00
(+2.11%)
6,732.39EPS
3.63P/E
218.80BMarket Cap
Nov 16Next Earn
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
21,634.86
23,171.94
25,584.81
24,421.22
30,676.52
33,471.45
32,316.21
30,834.69
35,596.36
41,908.8
40,524.18
43,104.45
40,027.95
39,932.82
Basic EPS, GAAP
2,068
2,608
3,150
2,445
2,338
4,824
3,601
3,660
4,917
646
7,470
5,333
3,976
6,732.39
Free Cash Flow per Basic Share
2,438.15
2,219.93
3,599.13
2,146
1,743.25
4,128.11
1,995.37
3,672.11
5,355.15
1,755.01
4,959.03
-8,809.17
-912.89
-2,967.18
Dividend per Share
679.13
698.41
697.82
703.09
701.42
800.07
999.97
1,013.66
1,000.82
1,108.92
1,100.61
1,200.11
1,200.03
- -
Book Value per Share
32,663.99
34,646.01
37,102.55
38,937.27
40,756.93
44,599.4
47,074.52
50,209.8
54,248.54
52,783.48
59,291
64,142.73
66,786.4
70,557.02
Tangible Book Value per Share
32,561.47
34,364.96
36,818.89
38,509.17
40,293.79
44,147.2
46,607.12
49,727.74
53,750.44
52,270.12
58,781.69
63,783.61
66,420.08
70,191.33
Basic Weighted Avg Shares
10
9
10
9
9
9
9
9
9
9
9
9
9
9
Sales/Revenue/Turnover
217,081
219,920
243,625
231,595
289,461
315,669
304,750
286,853
326,505
381,251
362,906
385,705
358,200
357,347
Operating Margin (%)
8.25
9.28
9.73
7.26
7.95
8.78
8.24
8.97
8.78
8.59
9.71
5.57
1.6
-1.98
Depreciation Expense
5,837
5,859
5,901
5,450
5,736
6,170
7,485
7,468
9,222
9,954
10,397
10,857
11,927
12,397
Net Income, GAAP
20,750
24,752
29,995
23,187
22,061
45,495
33,958
34,049
45,101
5,877
66,896
47,721
35,580
60,246
Effective Tax Rate (%)
29.38
22.26
22.76
15.94
22.24
22.84
25.73
27.12
24.51
45.93
20.18
22.13
22.72
25.35
Profit Margin (%)
9.56
11.25
12.31
10.01
7.62
14.41
11.14
11.87
13.81
1.54
18.43
12.37
9.93
16.86
Working Capital
145,185
120,637
127,172
147,766
178,867
196,872
220,520
184,832
210,341
149,808
196,669
192,472
172,023
144,146
LT Debt
- -
- -
- -
- -
- -
- -
2,709
1,349
268
4,516
3,571
2,998
3,027
6,463
Total Equity
309,301
328,881
353,409
368,152
384,411
420,572
443,913
460,926
497,508
472,953
530,592
574,010
597,668
631,411
Return on Invested Capital (%)
4.08
4.91
5.3
3.86
4.7
5.21
4.21
4.06
4.43
3.54
5.46
2.97
0.74
-0.87
Return on Capital (%)
6.77
7.76
8.79
6.43
5.86
11.3
7.84
7.48
9.38
1.22
13.25
8.61
6.07
9.91
Return on Common Equity (%)
6.77
7.76
8.79
6.43
5.86
11.3
7.86
7.53
9.41
1.21
13.33
8.64
6.07
10.02

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,520
2,036
2,729
LT Borrowings
- -
- -
- -
LT Finance Leases
3,027
5,241
6,463
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
416,574
332,901
218,802

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
235,687
225,261
200,296
Cash, Cash Equivalents & STI
143,251
138,860
114,550
Accounts Receivable, Net
33,473
- -
- -
Inventories
50,165
48,486
48,682
Total Current Liabilities
63,664
64,668
56,149
Payables & Accruals
- -
- -
- -
ST Debt
1,520
2,036
2,729
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.49%
5.5%
4.12%
Free Cash Flow
-10.59%
-42.54%
-89.64%
Net Income, GAAP
98.33%
185.94%
-25.44%
Sales/Revenue/Turnover
4.47%
4.99%
-7.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
107,312
85,953
92,621
99,819
385,705
2025
103,742
82,344
80,056
92,057
358,200
2026
97,635
87,598
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,153
1,752
539
888.94
5,333
2025
520
1,010
1,519.79
926.66
3,976
2026
743.14
3,543
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1,200.11
2025
- -
- -
- -
- -
1,200.03
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jong-Tae Lee
Full Time Employees
259
Sector
Producer manufacturing
Industry
Office equipment/Supplies
Address
Fursys Building Seoul SL South Korea 100-011
IPO Date
Dec 24, 1996
Website
fursys.com
Business
Fursys Inc. is a South Korean company specializing in the design, manufacture, and sale of office and home furniture, established in 1983 and headquartered in Seoul, South Korea. The company offers a diverse portfolio of products including office furniture solutions such as desks, seating, sofas, and space planning products; home furniture under the iloom brand; ergonomic chairs through its SIDIZ line; furniture and accessories for SOHO and startups via DESKER; high-density sleep solutions with SLOU BED; premium lifestyle products under Alloso; and comprehensive relocation, cleaning, and logistics services through LETUS. Additionally, Fursys provides innovative office design services with its purple6 studio brand, serving customers primarily in South Korea with a growing international presence. In terms of recent developments, Fursys has increased capital expenditures significantly in 2024, marking a strategic investment shift towards future growth, although this has introduced some financial risk as returns are not yet clear. The company has also launched new digital service offerings like the 3D Space Planner for virtual office furniture layout simulations, enhancing its customer-centric experience. Fursys continues to expand its branding and product lines, emphasizing smart and modern design solutions while maintaining strong market leadership in Korea’s office furniture sector. Fursys operates across several industry segments including office workspace solutions, ergonomic furnishings, home furniture, and service-based offerings like office moves and cleaning. It targets corporate clients, small offices, home users, and premium lifestyle consumers, leveraging an integrated brand strategy to cover a broad market spectrum. The company remains a dominant player in Korea’s furniture market with an evolving business model focused on innovation and expansion through strategic product development and service diversification. This comprehensive business approach underscores Fursys’s commitment to enhancing living and working environments through its multifaceted product portfolio and evolving operational capabilities. The company’s latest financial reports indicate steady revenue growth supported by these strategic investments and product innovations.