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    Commercial printing/Forms
Cubic Korea Inc.

Cubic Korea Inc.

KKRX:021650
1,797.00
KRW
-32.00
(-1.75%)
258.61EPS
8.56P/E
36.22BMarket Cap
Cubic Korea Inc.
KRX:021650
(Korea Stock Exchange)

Recent

price

1,797.00

P/E

ratio

8.56

div

yld

-NaN%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
8,323.25
9,791.65
9,402.51
8,926.76
8,663.7
10,047.64
11,203.77
15,482.94
10,117.19
9,648.17
10,509.89
10,579.92
12,932.93
15,528.03
15,517
13,975.5
13,594.18
Revenue per Share
-51.84
147.41
213.62
42.01
260.09
189.48
173.4
63
50
206
647
463
402
509
597
284
258.61
Basic EPS, GAAP
33.06
-220.22
-865.51
-384.1
-548.59
-33.64
-19.98
-1,690.14
-682.86
-70.8
543.52
-362.85
250.56
312.21
679.73
8.67
-3.73
Free Cash Flow per Basic Share
44.6
44.69
66.98
66.12
44.71
44.69
44.61
24.64
13.38
15
25.01
49.95
70.04
60.06
70
84.95
- -
Dividend per Share
2,949.03
3,036.57
3,213.77
3,265.4
3,326.27
3,464.6
3,573.79
3,423.78
3,358.48
3,520.98
4,141.54
4,583.73
4,914.44
5,322.82
5,832.21
6,024.17
6,048.4
Book Value per Share
1,714.18
2,140.07
2,498.26
2,670.95
2,918.45
3,152.27
3,284.32
3,203.68
3,205.54
3,493.14
4,119.31
4,562.31
4,894.9
5,302.33
5,806.77
5,997.65
6,022.95
Tangible Book Value per Share
11
11
11
11
11
11
11
10
16
16
16
16
16
16
16
16
16
Basic Weighted Avg Shares
91,339
107,246
103,072
99,132
94,839
110,059
122,931
153,763
164,333
156,801
170,693
172,102
210,050
252,097
252,148
227,226
221,256
Sales/Revenue/Turnover
0.89
3.7
3.85
2.4
3.02
3.76
2.5
2.6
1.93
3.8
6.91
5.29
4.31
4.22
4.54
3.49
2.97
Operating Margin (%)
5,347
5,005
3,267
4,306
4,200
5,012
5,594
6,434
6,637
7,431
7,809
7,131
7,616
7,559
8,278
8,158
7,909
Depreciation Expense
-569
1,615
2,342
467
2,847
2,076
1,903
626
812
3,348
10,508
7,532
6,529
8,264
9,701
4,618
4,209
Net Income, GAAP
223.84
30.38
24.78
62.07
29.87
11.55
11
50.53
38
27.27
- -
19.96
24.33
12.44
13.46
29.25
30.43
Effective Tax Rate (%)
-0.62
1.51
2.27
0.47
3
1.89
1.55
0.41
0.49
2.14
6.16
4.38
3.11
3.28
3.85
2.03
1.9
Profit Margin (%)
-8,782
-8,588
-8,485
-10,790
-7,367
-6,598
-6,261
3,462
3,723
11,540
18,513
23,597
24,019
29,789
36,486
38,942
41,359
Working Capital
- -
- -
7,180
5,500
6,331
3,498
1,486
16,066
15,229
14,139
12,023
9,311
2,315
4,866
3,730
2,857
2,599
LT Debt
32,300
33,259
35,200
35,765
36,432
37,947
39,143
49,609
54,576
57,216
67,300
74,486
79,860
86,496
94,774
98,499
98,895
Total Equity
-1.07
5.63
5.61
1.56
3.27
5.74
4.38
2.6
2.09
4.54
- -
7.15
6.65
8.56
8.55
4.68
3.76
Return on Invested Capital (%)
-3.06
4.57
5.73
1.55
5.89
4.49
4.08
1.46
1.79
4.56
- -
8.04
7.04
8.57
9.28
4.43
4.02
Return on Capital (%)
-1.73
4.93
6.84
1.31
7.89
5.58
4.94
1.41
1.56
5.99
16.88
10.62
8.46
9.93
10.7
4.78
4.32
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
19,079
19,468
20,258
LT Borrowings
2,248
2,106
1,963
LT Finance Leases
864
751
636
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
38,025
37,933
36,216

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
112,100
100,580
106,074
Cash, Cash Equivalents & STI
15,994
18,805
16,523
Accounts Receivable, Net
54,833
42,393
49,995
Inventories
28,802
28,072
28,191
Total Current Liabilities
68,223
61,639
64,716
Payables & Accruals
- -
- -
- -
ST Debt
19,079
19,468
20,258
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.21%
7.94%
3.93%
Free Cash Flow
623.5%
-58.41%
-98.72%
Net Income, GAAP
43.04%
-10.01%
-52.4%
Sales/Revenue/Turnover
8.1%
6.61%
-9.88%
Total Cash Common Dividend
- -
32.76%
21.43%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
59,833
67,304
59,079
65,931
252,148
2025
60,058
61,954
56,947
48,267
227,226
2026
54,088
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
141
206
56
194.66
597
2025
150
66
116.73
-48.71
284
2026
124.24
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
70
2025
- -
- -
- -
- -
84.95
2026
- -
- -
- -
- -
- -
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Business
Cubic Korea Inc. is a South Korea-based manufacturing company primarily engaged in the development, surface treatment, coating, and precision molding of interior and exterior components for the automotive and consumer electronics industries. Founded in 1989 and headquartered in Ansan-si, Gyeonggi-do, South Korea, the company operates as an affiliate of the Samyoung Trading Group and is publicly traded on the KOSDAQ exchange under the ticker symbol 021650. The company offers a comprehensive range of products and technical services across multiple categories, including automotive interior and exterior components, such as radiator grilles, vehicle emblems and lettering badges, side garnishes, protective moldings, steering wheel trims, center fascias, instrument panel bezels, door trim accents, and wheel caps; home appliance and electronic parts, such as front control panels, door handles, decorative bezels, and exterior housings for refrigerators, washing machines, microwave ovens, vacuum cleaners, and personal electronic devices; surface treatment and advanced coating solutions, such as three-dimensional water transfer printing (hydrographics under the Curl-fit brand) for transferring woodgrain, carbon-fiber, metallic, and custom decorative patterns onto plastic, aluminum, urethane, and metal substrates; double water transfer printing; hydraulic pad printing; electroplating combined with hydrographic processing; high-gloss black coating; multi-layer industrial spray painting; and high-hardness, UV-curing protective surface finishes; and precision injection molding and assembly services, including large-scale plastic component fabrication utilizing 100-ton to 2,000-ton injection molding machinery through its consolidated subsidiary, Samshin Chemical Co., Ltd. The company supplies its products to leading automotive original equipment manufacturers, including Hyundai Motor Company, Kia Corporation, and GM Korea, as well as consumer electronics corporations such as Samsung Electronics and LG Electronics, serving domestic markets and exporting across Asia, Europe, and North America. In recent developments, Cubic Korea has upgraded its manufacturing footprint by installing high-efficiency automated spindle coating lines and expanded UV-curing finishing facilities, including operations at its Busan production plant, to enhance output quality and operational productivity. The company has also strategically accelerated the development of eco-friendly, low-VOC surface treatments and lightweight decorative assemblies designed for electric vehicle platforms and smart automotive cockpits. In addition, Cubic Korea has diversified its commercial reach into emerging consumer hardware segments and strengthened its corporate governance and bidding compliance frameworks following regulatory administrative reviews by the Korea Fair Trade Commission.