Paradise Co., Ltd

Paradise Co., Ltd

KKRX:034230
9,730.00
KRW
0.00
(0.00%)
1,238.74EPS
16.18P/E
1.21TMarket Cap
Nov 12Next 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
7,966.31
8,286
7,206.41
8,155.38
7,824.98
9,242.51
11,476.99
5,313.5
4,844.13
6,861.92
11,521.93
12,416.31
13,246.64
13,649.83
Basic EPS, GAAP
1,297
1,181
764
647
-222
-247
177
-1,383
-614
296
725
875
1,087
852.7
Free Cash Flow per Basic Share
1,703.2
683.16
-3,477.54
-4,483.37
-4,144.17
-1,935.97
826.87
-1,929.67
-608.33
537.12
2,610.21
1,687.5
1,532.04
-1,852.77
Dividend per Share
200.03
430.31
500.83
374.92
299.34
99.96
99.82
99.72
- -
- -
- -
100
149.23
- -
Book Value per Share
9,363.5
11,812.76
12,005.5
12,256.97
11,671.47
14,935.09
14,864.99
13,379.32
14,399.8
15,915.39
16,277.51
18,940.92
19,693.73
19,937.39
Tangible Book Value per Share
6,937.89
9,632.52
8,719.8
8,909.9
8,271.58
11,692.24
11,777.19
10,987.64
12,317.38
13,912.8
14,365.72
17,058.8
17,846.41
18,068.17
Basic Weighted Avg Shares
78
82
85
85
85
85
85
85
86
86
86
86
87
87
Sales/Revenue/Turnover
621,527
676,155
615,357
694,856
668,042
787,616
979,433
453,881
414,466
587,637
994,199
1,072,109
1,149,867
1,194,156
Operating Margin (%)
21.28
11.69
9.48
9.58
-4.48
0.31
5.3
-18.98
-13.33
1.77
14.66
12.69
13.55
10.76
Depreciation Expense
17,566
22,424
27,568
32,421
60,148
72,093
110,750
101,546
98,038
94,766
82,998
78,113
74,659
78,488
Net Income, GAAP
101,191
96,372
65,238
55,126
-18,953
-21,049
15,105
-118,136
-52,534
25,349
62,558
75,553
94,356
74,598
Effective Tax Rate (%)
24.75
11.43
30.03
23.63
- -
- -
56.53
- -
- -
47.53
12.37
- -
- -
- -
Profit Margin (%)
16.28
14.25
10.6
7.93
-2.84
-2.67
1.54
-26.03
-12.68
4.31
6.29
7.05
8.21
6.25
Working Capital
130,122
370,315
458,510
202,033
92,027
-94,223
-100,221
159,049
214,889
-479,576
172,133
195,778
129,599
-24,083
LT Debt
11,838
23,092
394,851
636,462
821,565
897,406
1,023,490
1,327,749
1,268,509
429,830
908,456
885,925
796,472
823,865
Total Equity
889,646
1,178,204
1,286,515
1,309,666
1,293,339
1,626,092
1,604,203
1,433,550
1,514,440
1,685,167
1,785,465
2,075,203
2,212,696
2,245,904
Return on Invested Capital (%)
10.92
6.02
2.66
2.68
- -
- -
0.81
- -
- -
0.18
4.13
- -
- -
- -
Return on Capital (%)
10.85
8.06
4.07
2.95
- -
- -
1.65
- -
- -
2.26
3.45
- -
- -
- -
Return on Common Equity (%)
14.84
11.07
6.42
5.33
-1.86
-1.86
1.19
-9.8
-4.42
1.95
4.52
4.97
5.62
4.36

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
406,534
507,111
506,148
LT Borrowings
634,999
646,198
657,797
LT Finance Leases
161,474
165,888
166,068
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
88
88
88
Market Capitalization
1,448,711
1,412,923
1,211,077

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
885,049
761,151
784,907
Cash, Cash Equivalents & STI
825,715
688,307
709,316
Accounts Receivable, Net
29,015
23,415
34,916
Inventories
8,493
7,205
7,488
Total Current Liabilities
755,450
808,720
808,990
Payables & Accruals
- -
- -
- -
ST Debt
406,534
507,111
506,148
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6%
9.14%
6.63%
Free Cash Flow
-41.97%
17.76%
-8.73%
Net Income, GAAP
-120.4%
-2.27%
24.89%
Sales/Revenue/Turnover
11.5%
23.48%
7.25%
Total Cash Common Dividend
- -
- -
50.02%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
264,770
273,264
268,245
265,830
1,072,109
2025
283,305
284,461
288,247
293,854
1,149,867
2026
293,966
318,089
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
300
168
114
292.32
875
2025
361
242
264.58
220.6
1,087
2026
187.9
180
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
100
2025
- -
- -
- -
- -
149.23
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jong-Hwan Choi
Full Time Employees
1,497
Sector
Consumer services
Industry
Casinos/Gaming
Address
268, Dongho-ro Seoul South Korea
IPO Date
Nov 5, 2002
Business
Paradise Co., Ltd. (034230.KQ) operates foreigner-only casinos and integrated resorts primarily in South Korea; the company manages Paradise Casino Walkerhill and Paradise Casino Busan; Jeju Grand Casino on Jeju Island; and holds a controlling 55% stake in Paradise SegaSammy Co., Ltd., the joint venture with Sega Sammy Holdings that owns and operates the Paradise City integrated resort in Incheon featuring multiple hotels, gaming floors, convention spaces, and entertainment venues including the Grand Hyatt Incheon integration. Paradise Co., Ltd. also engages in hotel management with properties such as Maison Glad and Paradise Hotel; real estate rental; and recreational services targeting international tourists and high-roller VIP customers. Founded in 1972 and headquartered at 299 Toegye-ro, Jung-gu, Seoul, South Korea, the company conducts operations across South Korea, with overseas casino activities in the United States and Japan; it reports primary revenue from South Korea supplemented by smaller contributions from the United States and Japan. Recent developments include the September 2024 opening of an expanded VIP-exclusive gaming venue at Paradise Casino Walkerhill, increasing its size by 17% and projected to generate KRW22 billion in sales in 2025; the KRW210 billion acquisition of Grand Hyatt Incheon West Tower by Paradise SegaSammy, set to close by December 2025, adding 501 rooms to Paradise City's capacity; plans for a new KRW500-550 billion luxury 18-floor, 200-suite hotel in Seoul's Jangchung neighborhood opening in 2028; a November 2025 pledge of 5.8% shares in Paradise SegaSammy as collateral for a US$68.5 million loan; and the Value Up program targeting over 10% annual revenue growth through 2027 with operating margins exceeding 20%, alongside leadership transition to sole CEO Choi Jong-hwan.