PLAYWITH KOREA Inc.

PLAYWITH KOREA Inc.

KKRX:023770
2,600.00
KRW
-285.00
(-9.88%)
-51.93EPS
27.78BMarket Cap
PLAYWITH KOREA Inc.
KRX:023770
(Korea Stock Exchange)

Recent

price

2,600.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
4,217.1
5,617.47
4,863.44
3,390.33
1,780.59
1,513.03
1,999.75
1,944.19
1,722.48
3,531.2
4,993.49
1,553.17
1,716.54
3,363.17
3,685.7
3,923.4
3,477.72
Revenue per Share
-1,725
-2,384.17
-2,737.5
-2,304.21
466.5
159
345
-459.5
-1,100
572
1,552
216
-104
-706
-787
-227
-53.88
Basic EPS, GAAP
-1,199.77
-1,126.04
-1,148.8
-787.19
-213.87
-117.71
157.36
-929.63
-398.84
1,122.05
686.47
-361.59
-1,022.35
-1,283.28
-747.07
386.76
-329.13
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
305.73
- -
- -
- -
- -
- -
Dividend per Share
8,544.44
5,035.32
2,471.47
170.24
702.52
971.99
1,771.7
1,412.68
591.43
2,122.76
3,798.38
3,440.86
3,466.2
2,958.18
2,173.74
2,003.05
2,070.9
Book Value per Share
7,099.22
3,613.77
1,009.74
-164.58
638.24
637.75
1,131.32
747.77
402.36
2,042.88
3,753.63
2,629.81
2,162.52
1,086.15
104.61
719.51
498.08
Tangible Book Value per Share
3
3
4
4
4
6
6
6
7
16
9
9
8
8
9
9
9
Basic Weighted Avg Shares
12,972
18,280
17,600
13,809
7,929
8,669
11,813
11,925
11,815
56,032
42,963
13,265
14,505
28,552
32,307
34,658
30,821
Sales/Revenue/Turnover
-10.13
-23.02
-20.72
-16.17
6.53
19.52
26.84
9.1
-16.19
24.7
31.75
10.55
-47.64
-22.93
-24.46
-0.31
4.45
Operating Margin (%)
3,306
2,203
1,617
906
475
484
832
1,361
1,536
1,049
619
580
1,118
1,647
3,262
5,918
5,879
Depreciation Expense
-5,306
-7,758
-9,907
-9,385
2,077
911
2,038
-2,818
-7,545
9,076
13,353
1,845
-879
-5,994
-6,899
-2,005
-477
Net Income, GAAP
- -
- -
- -
- -
62.89
30.59
19.63
- -
- -
12.94
26.66
18.75
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-40.9
-42.44
-56.29
-67.96
26.2
10.51
17.25
-23.63
-63.86
16.2
31.08
13.91
-6.06
-20.99
-21.35
-5.79
-1.55
Profit Margin (%)
8,392
-37,415
7,754
-3,998
-67,208
-69,205
-64,766
-67,500
-67,199
-57,353
-47,834
13,685
15,317
7,491
-888
6,378
2,441
Working Capital
4,589
4,471
3,055
- -
- -
- -
- -
- -
- -
164
187
138
44
2,844
3,421
1,623
1,413
LT Debt
27,109
20,914
10,972
2,056
4,027
5,572
10,863
8,662
4,234
18,059
33,059
28,915
29,275
25,934
19,057
17,920
18,527
Total Equity
- -
- -
- -
- -
13.43
48.81
23.96
- -
- -
81.99
35.58
1.4
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
42.1
16.57
19.35
- -
- -
53.91
44.13
5.87
- -
- -
- -
- -
- -
Return on Capital (%)
-20.3
-34.1
-72.9
-194.01
87.39
18.98
24.8
-28.87
-117.02
81.43
52.24
5.95
-3.02
-21.71
-30.67
-10.85
-2.6
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4,784
3,409
2,103
LT Borrowings
- -
- -
- -
LT Finance Leases
1,828
1,623
1,413
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
55,468
26,795
27,779

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
16,030
15,049
10,846
Cash, Cash Equivalents & STI
10,135
9,451
5,424
Accounts Receivable, Net
1,827
1,640
2,441
Inventories
- -
- -
- -
Total Current Liabilities
12,073
8,671
8,405
Payables & Accruals
- -
- -
- -
ST Debt
4,784
3,409
2,103
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
37.8%
-11.04%
-5.96%
Free Cash Flow
-195.93%
-27.7%
-152.17%
Net Income, GAAP
17.23%
58.47%
-70.93%
Sales/Revenue/Turnover
44.47%
11.5%
7.28%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,722
6,055
4,720
8,810
32,307
2025
7,527
13,610
8,048
5,473
34,658
2026
3,691
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
218
-332
-539
-133.8
-787
2025
-105
180.08
-235.94
-65.87
-227
2026
67.86
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
PLAYWITH KOREA Inc. is a South Korea-based video game developer, publisher, and digital content distributor specializing in massively multiplayer online role-playing games (MMORPGs), mobile gaming software, and interactive entertainment platforms. Founded in 1984 and headquartered in Seongnam-si, Gyeonggi-do, South Korea, the company operates across four primary business segments: Game Development and Publishing, which encompasses the design, live operation, and servicing of PC online and mobile titles based on proprietary intellectual property; IP Licensing and Global Distribution, which monetizes flagship franchises through international publishing agreements and regional overseas operating entities, including Playwith Interactive Inc. in North America as well as branches in Taiwan and Latin America; Digital Distribution Services, which provides authorized domestic distribution of Steam Wallet prepaid codes via dedicated online platforms; and PC Cafe Solutions, which manages Steam PC Cafe platform services and software infrastructure for cybercafes throughout South Korea. The company's core product portfolio is anchored by its established intellectual property franchises, including the R.O.H.A.N. series, featuring R.O.H.A.N.: Blood Feud, Rohan Origin, Rohan M, and the cross-platform title Rohan 2; the Seal franchise, comprising Seal Online, Seal Online: Blades of Destiny, Seal M, and related casual multiplayer spinoffs; and third-party localized game publishing titles. In recent corporate developments, the company changed its name from PLAYWITH Inc. to PLAYWITH KOREA Inc. in November 2023 to clarify its domestic identity and streamline its global corporate organization. Operationally, the company has expanded its multi-platform portfolio with the domestic and international rollout of Seal M across Southeast Asia, Taiwan, and South Korea, alongside the launch of the next-generation MMORPG Rohan 2, featuring cross-platform PC-mobile support and integration with blockchain-based digital asset ecosystems. Furthermore, PLAYWITH KOREA Inc. has strengthened its international reach through strategic regional licensing partnerships in Southeast Asia and continued operational expansion of its Steam distribution network and internet cafe support channels.