Bluecom Co., Ltd

Bluecom Co., Ltd

KKRX:033560
5,810.00
KRW
+40.00
(+0.69%)
359.74EPS
11.63P/E
49.63BMarket Cap
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
4,485.28
10,260.93
11,392.4
12,672.77
6,273.85
4,077.55
1,586.25
2,995.37
4,433.18
3,543.36
1,921.67
299.98
354.08
450.55
Basic EPS, GAAP
646.63
1,489
1,627
1,240
169
106
101
-29
4
-16
-161
140
998
284.56
Free Cash Flow per Basic Share
231.31
125.06
662.41
964.98
36.47
-129.08
234.89
-353.13
278.91
230.93
-182.81
-2,412.39
-336.1
-249.99
Dividend per Share
98.2
149.21
399.16
403.47
50.49
49.81
- -
- -
- -
5.16
- -
- -
- -
- -
Book Value per Share
5,803.29
7,148.54
8,401.22
9,177.46
9,133.6
9,185.73
9,221.31
9,148.6
9,372.78
9,396.75
9,227.67
9,372.89
11,347.1
11,337.26
Tangible Book Value per Share
5,679
6,802.12
7,968.43
8,739.24
8,685.01
8,757.8
8,851.56
8,813.77
9,239.57
9,273.98
9,104.7
9,249.95
11,205.85
11,196.11
Basic Weighted Avg Shares
19
19
19
19
19
18
18
18
16
17
17
17
16
16
Sales/Revenue/Turnover
85,508
196,513
217,060
238,790
116,599
73,867
28,563
53,549
71,492
58,618
32,770
5,090
5,807
7,050
Operating Margin (%)
15.87
17.07
14.9
11.31
9.96
0.26
-42.37
-7.82
1.99
-2.26
-23.53
63.87
25.42
36.51
Depreciation Expense
3,466
3,308
5,131
8,568
4,396
4,392
3,933
3,643
2,826
2,392
1,639
1,574
1,695
1,791
Net Income, GAAP
12,327
28,517
30,999
23,365
3,141
1,920
1,819
-518
65
-265
-2,746
2,376
16,368
4,453
Effective Tax Rate (%)
10.84
21.19
23.6
25.38
48.92
- -
- -
- -
94.06
121.88
- -
10.85
17.14
10.38
Profit Margin (%)
14.42
14.51
14.28
9.78
2.69
2.6
6.37
-0.97
0.09
-0.45
-8.38
46.67
281.86
63.16
Working Capital
79,085
75,726
91,282
105,937
97,766
101,224
25,956
28,273
26,245
23,441
19,133
8,346
-200
218
LT Debt
- -
5
- -
- -
- -
- -
- -
- -
- -
188
184
19,181
2,176
2,421
Total Equity
110,842
136,173
160,035
172,620
165,209
166,152
166,796
165,480
159,949
160,358
157,472
159,951
170,150
170,003
Return on Invested Capital (%)
11.52
20.8
15.89
11.78
3.5
- -
- -
- -
0.05
0.17
- -
1.66
0.29
1.22
Return on Capital (%)
11.79
23.09
20.78
13.97
1.86
- -
- -
- -
0.04
-0.18
- -
1.58
9.07
2.53
Return on Common Equity (%)
11.79
23.09
20.93
14.05
1.86
1.16
1.09
-0.31
0.04
-0.17
-1.73
1.5
9.92
2.6

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
6,012
14,015
14,035
LT Borrowings
10,000
2,000
2,000
LT Finance Leases
181
176
421
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
15
15
Market Capitalization
53,636
46,485
49,634

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
19,565
22,243
23,073
Cash, Cash Equivalents & STI
4,051
4,577
5,099
Accounts Receivable, Net
530
259
309
Inventories
35
- -
- -
Total Current Liabilities
15,726
22,443
22,855
Payables & Accruals
- -
- -
- -
ST Debt
6,012
14,015
14,035
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.68%
0.61%
6.38%
Free Cash Flow
-26.87%
151.72%
-86.53%
Net Income, GAAP
43.31%
143.4%
589.01%
Sales/Revenue/Turnover
-15.06%
-19.8%
14.09%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,834
4,185
8,537
756
5,090
2025
1,272
2,898
1,685
642
5,807
2026
1,824
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
39
4
25
71.81
140
2025
796
-165
224
130.65
998
2026
104.2
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
32
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Inchon South Korea
IPO Date
Jan 26, 2011
Business
Bluecom Co., Ltd. is a South Korea-based technology company primarily engaged in the development, manufacture, and distribution of electro-acoustic components, wireless audio devices, and haptic actuator systems for consumer electronics, telecommunications, and automotive applications. Founded in 1990 and headquartered in Incheon, South Korea, the company operates across two principal business divisions: Acoustic Components and Wireless Audio Devices. Its core product portfolio comprises micro speakers for smartphones, laptops, and tablet computers; dynamic communication receivers; miniature surface-mount buzzers; multi-function acoustic transducers; linear resonant actuators and coin-type vibration motors for mobile and automotive haptic feedback; true wireless stereo earbuds featuring active noise cancellation and spatial sound processing; neckband-style Bluetooth stereo headsets; bone-conduction audio equipment; and smart hearing-assistive hearables. The company delivers both original equipment manufacturing and original design manufacturing services to global electronics brands, alongside marketing its proprietary consumer audio lines. Bluecom conducts international operations supported by overseas manufacturing facilities, including its core production subsidiary Bluecom Vina Co., Ltd. located in Vietnam. In recent operational and strategic developments, Bluecom has restructured its manufacturing footprint by consolidating high-volume assembly into its automated Vietnam production base to improve operating efficiencies and margin stability. To mitigate exposure to legacy mobile phone component cycles, the company has expanded its product development into automotive interior acoustic transducers, advanced Bluetooth Low Energy audio peripherals, and smart healthcare acoustic devices, while actively forging new ODM partnerships with international consumer electronics and personal audio brands across North America, Europe, and Asia.