1. South Korea Stocks

  2. •

    Consumer durables

  3. •

    Electronics/Appliances
Coway Co., Ltd.

Coway Co., Ltd.

KKRX:021240
106,000.00
KRW
-100.00
(-0.09%)
9,652.84EPS
9.35P/E
6.44TMarket Cap
Nov 11Next 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
28,377.13
29,079.17
31,178.19
31,990.35
34,608.29
37,520.74
41,809.68
44,648.26
50,503.21
53,140.45
54,662.6
59,752.16
69,344.09
74,878.71
Basic EPS, GAAP
3,283
3,361
4,621
3,280
4,484
4,854
4,611
5,584
6,418
6,314
6,495
7,841
8,630
9,653.97
Free Cash Flow per Basic Share
3,537.68
3,018.55
2,389.17
213.27
2,860.31
1,836.43
2,011.77
3,235.33
625.77
-1,667.18
2,540.14
1,122.87
-2,817.51
-3,138.6
Dividend per Share
1,050.42
1,663.91
1,997.73
2,800.55
5,627.13
3,199.86
3,599.65
- -
1,200.01
1,249.84
1,300
1,358.05
2,642.14
- -
Book Value per Share
12,635.16
14,001.45
16,654.25
16,127.03
13,619.1
15,074.33
14,931.2
20,553.91
26,268.15
31,886.62
36,380.27
44,478.32
50,701.42
53,612.34
Tangible Book Value per Share
10,260.28
11,701.09
14,382.47
13,632.01
11,068.89
12,853.62
12,599.36
18,618.92
23,747.98
29,194.2
33,783.31
41,817.89
48,029.11
50,971.8
Basic Weighted Avg Shares
75
74
74
74
73
72
72
73
73
73
73
72
72
71
Sales/Revenue/Turnover
2,118,342
2,160,316
2,315,242
2,376,328
2,516,772
2,707,315
3,018,913
3,237,411
3,664,260
3,856,133
3,966,520
4,310,142
4,963,566
5,301,715
Operating Margin (%)
16
16.87
20.01
14.26
18.78
19.2
15.18
18.73
17.47
17.57
18.44
18.45
17.7
17.52
Depreciation Expense
198,208
213,608
227,674
233,150
235,509
255,533
515,104
543,293
522,538
482,878
438,236
423,800
414,706
401,689
Net Income, GAAP
245,075
249,691
343,148
243,647
326,084
350,241
332,942
404,892
465,658
458,175
471,301
565,600
617,725
683,540
Effective Tax Rate (%)
25.09
24.9
24.5
24.85
25.98
25.34
26.41
25.11
29.32
33
28.7
27.88
23.92
24.51
Profit Margin (%)
11.57
11.56
14.82
10.25
12.96
12.94
11.03
12.51
12.71
11.88
11.88
13.12
12.45
12.89
Working Capital
14,682
70,769
180,436
-2,257
-333,279
-390,592
-819,880
-520,424
-186,723
244,272
82,611
-106,981
-99,340
-42,179
LT Debt
- -
932
7,951
11,833
12,310
9,985
25,750
18,179
485,583
860,729
647,043
614,817
974,991
1,355,122
Total Equity
940,889
1,039,435
1,238,228
1,183,344
982,257
1,087,698
1,077,196
1,490,009
1,904,438
2,311,969
2,637,755
3,196,116
3,613,728
3,821,203
Return on Invested Capital (%)
19.15
21.93
27.38
17.63
21.79
22.08
17.56
21.61
17.94
14.32
13.97
13.19
12.67
11.9
Return on Capital (%)
19.61
20.89
27.38
17.37
20.98
20.83
18.37
20.04
19.06
15.26
13.63
14.1
12.9
12.79
Return on Common Equity (%)
28.4
25.23
30.15
20.13
30.12
33.84
30.74
31.51
27.41
21.72
19.03
19.38
18.14
19.31

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,198,843
1,384,355
1,316,845
LT Borrowings
904,958
1,248,958
1,254,414
LT Finance Leases
70,034
80,498
100,707
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
71
71
71
Market Capitalization
6,193,770
5,146,032
6,436,104

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,231,877
2,703,869
2,448,708
Cash, Cash Equivalents & STI
198,908
555,493
146,651
Accounts Receivable, Net
233,004
218,292
223,794
Inventories
298,555
303,915
357,537
Total Current Liabilities
2,331,217
2,635,904
2,490,887
Payables & Accruals
- -
- -
- -
ST Debt
1,198,843
1,384,355
1,316,845
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.42%
19.51%
13.07%
Free Cash Flow
5.22%
-220.9%
-348.99%
Net Income, GAAP
7.44%
9.1%
9.22%
Sales/Revenue/Turnover
8%
9.02%
15.16%
Total Cash Common Dividend
- -
- -
93.06%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,001,835
1,082,259
1,100,336
1,125,711
4,310,142
2025
1,174,919
1,258,875
1,254,401
1,275,371
4,963,566
2026
1,329,735
1,442,207
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,760
2,136
2,494
1,435.74
7,841
2025
1,932
2,164
2,458
2,075.94
8,630
2026
2,580
2,542
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1,358.05
2025
- -
- -
- -
- -
2,642.14
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jang-Won Seo
Full Time Employees
6,352
Sector
Consumer durables
Industry
Electronics/Appliances
Address
136-23 Yugumagoksa-ro Gongju-si SC South Korea 06612
IPO Date
Aug 7, 2001
Website
company.coway.com
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Business
COWAY Co., Ltd. (021240.KS) manufactures and sells environmental home appliances, including air purifiers such as the Airmega series with HyperVortex filtration; water purifiers like the Icon Ice series and Aquamega; bidets including Bidetmega models; juicers, water softeners, dehumidifiers, humidifiers, electric ranges, kitchen appliances, mattresses and massage chairs under the BEREX sleep and wellness brand; and filter consumables; alongside Smart Air Care services for customized air conditioning, product management including cleaning and maintenance, digital IoCare applications, water quality testing, and rental services; plus cosmetics, furniture, and industrial water treatment equipment and supply operations. The company, founded in 1989 and headquartered in Gongju-si, South Korea, operates in South Korea, the United States, Malaysia, Thailand, China, Indonesia, Vietnam, Australia, Europe, and India, distributing through door-to-door sales, commercial channels, online platforms, and directly managed stores to residential, commercial, and industrial customers seeking wellness solutions. Latest developments include the expansion of its shareholder return policy to 40% of consolidated net income from fiscal 2024 through 2027 via increased dividends and a KRW 110 billion share buyback program announced in May 2025 expiring December 2025; the launch of Coway Life Solution subsidiary in 2024 for premium elder care services rolling out in early 2025; new product introductions such as the compact Airmega 50 and Airmega 350 air purifiers, Bidetmega 400S/500S, and customized filters in 2025 across the US, Canada, Australia, and Europe; surpassing 10 million global rental accounts in 2024; and robust Q3 2025 financials with revenue up 14% year-over-year to KRW 1,254.4 billion following its 2020 acquisition by Netmarble Group, which strengthened financial stability.