Korea Gas Corporation

Korea Gas Corporation

KKRX:036460
36,600.00
KRW
+50.00
(+0.14%)
6,228.17EPS
4.93P/E
2.79TMarket Cap
Mar 23Next 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
506,158.49
424,435.86
293,346.69
242,517.41
253,935.52
296,422.62
254,566.78
240,835.52
320,665.55
599,898.03
523,812.19
441,014.78
392,938.65
395,525.34
Basic EPS, GAAP
-2,669
5,091
3,594
-7,043
-13,802
5,766
395
-1,989
11,078
17,317
-8,949
13,174
1,463
6,477.76
Free Cash Flow per Basic Share
-40,259.19
-19,321.32
33,908.4
32,970.79
12,921.55
-13,569.69
7,062.18
26,083.68
-37,963.86
-183,055.23
53,141.3
21,116.56
47,260.82
23,259.9
Dividend per Share
1,583.52
- -
246.69
171.17
81.71
100.1
1,361.96
594.28
88.19
2,780.58
92.42
300
1,396.63
- -
Book Value per Share
101,929.03
110,961.68
114,756.51
106,807.09
89,155.47
93,485.63
89,611.96
87,164.23
103,337.5
118,693.27
112,167.3
124,079.41
123,773.92
134,749.68
Tangible Book Value per Share
81,733.87
90,227.9
92,407.25
85,216.81
72,663.49
77,004.69
74,288.33
73,392.03
88,546.12
104,277.25
98,905.22
111,568.61
110,927.25
121,461.92
Basic Weighted Avg Shares
75
88
89
87
87
88
98
87
86
86
85
87
91
88
Sales/Revenue/Turnover
38,062,713
37,284,867
26,052,724
21,108,116
22,172,168
26,185,038
24,982,640
20,833,722
27,520,756
51,724,287
44,555,995
38,388,740
35,727,336
34,674,692
Operating Margin (%)
3.91
2.88
3.87
4.73
4.67
4.88
5.34
4.32
4.51
4.76
3.5
7.62
6.13
7.47
Depreciation Expense
1,122,329
1,147,274
1,346,807
1,617,162
1,715,518
1,802,713
1,735,257
1,636,715
1,722,329
1,751,358
1,887,118
1,982,636
1,923,933
1,758,206
Net Income, GAAP
-200,707
447,222
319,191
-613,005
-1,205,110
509,350
38,764
-172,060
950,757
1,493,103
-761,211
1,146,749
133,021
567,889
Effective Tax Rate (%)
236.57
- -
- -
- -
- -
14.72
49.93
- -
29.46
23.04
- -
29.84
66.64
42.42
Profit Margin (%)
-0.53
1.2
1.23
-2.9
-5.44
1.95
0.16
-0.83
3.45
2.89
-1.71
2.99
0.37
1.64
Working Capital
3,901,042
3,929,217
4,285,878
3,101,759
991,760
53,750
332,222
315,061
-873,925
-5,543,009
-5,136,067
-4,297,996
-3,602,815
-1,641,048
LT Debt
23,415,858
24,238,963
24,089,574
22,987,180
20,451,143
19,401,094
20,201,306
18,839,058
18,197,964
18,945,239
22,560,196
22,587,170
22,807,447
24,902,320
Total Equity
8,932,779
9,724,375
10,056,943
9,473,025
8,140,414
8,497,984
8,146,521
7,735,155
9,119,336
10,410,740
9,826,038
10,826,356
10,798,925
11,756,243
Return on Invested Capital (%)
-5.54
- -
- -
- -
- -
3.24
1.92
- -
2.52
4.09
- -
4.13
1.42
3.07
Return on Capital (%)
-3.66
- -
- -
- -
- -
3.47
1.22
- -
4.01
4.82
- -
4.32
1.12
2.84
Return on Common Equity (%)
-2.32
4.79
3.23
-6.31
-14.03
6.36
0.48
-2.24
11.63
15.67
-7.68
11.21
1.23
4.99

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13,540,308
13,770,739
9,628,820
LT Borrowings
21,760,182
21,791,926
23,858,630
LT Finance Leases
1,047,265
1,090,416
1,043,690
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
87
87
87
Market Capitalization
3,429,925
3,050,276
2,788,450

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,634,386
13,308,732
11,267,836
Cash, Cash Equivalents & STI
1,228,270
1,456,960
1,678,769
Accounts Receivable, Net
6,059,693
6,968,875
4,763,645
Inventories
3,345,778
1,899,445
1,638,761
Total Current Liabilities
17,237,201
16,699,378
12,908,884
Payables & Accruals
- -
- -
- -
ST Debt
13,540,308
13,770,739
9,628,820
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.17%
7.27%
-0.25%
Free Cash Flow
-11.81%
17.16%
133.78%
Net Income, GAAP
-205.95%
-217.11%
-88.4%
Sales/Revenue/Turnover
6.84%
17.08%
-6.93%
Total Cash Common Dividend
479.39%
700.81%
386.28%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12,810,655
7,533,827
8,109,308
9,978,964
38,388,740
2025
12,732,709
7,630,102
6,372,167
8,992,358
35,727,336
2026
11,802,205
7,507,962
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,715
2,921
1,739
3,808.74
13,174
2025
4,199
967
986
-4,662.23
1,463
2026
6,271
3,870
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
174.79
4.54
118.24
1.27
300
2025
- -
- -
- -
- -
1,396.63
2026
- -
- -
- -
- -
- -

Company Description

CEO
Eui-Rak Hong
Full Time Employees
4,289
Sector
Utilities
Industry
Gas distributors
Address
120, Cheomdan-ro Daegu DA South Korea 41062
IPO Date
Dec 15, 1999
Business
Korea Gas Corporation (KOGAS) is a state-owned enterprise primarily engaged in the import, liquefaction, storage, distribution, and wholesale of natural gas and liquefied natural gas (LNG) in the Republic of Korea. Founded in 1983 and headquartered in Daegu, South Korea, KOGAS operates an extensive nationwide pipeline network and LNG terminals, supplying natural gas to power generation plants, city gas companies, and industrial customers. The company’s core products and services include LNG importation and regasification; natural gas transmission and distribution; LNG storage and transportation; and infrastructure development for hydrogen production, storage, distribution, and utilization as part of its transition toward a hydrogen economy. Additionally, KOGAS is involved in overseas exploration and production projects in markets such as Australia, Iraq, and Myanmar. Recent strategic developments include entering into long-term LNG supply contracts with global suppliers like TotalEnergies, securing over 3 million tons per year of LNG starting in 2028, aligned with expanded US-South Korea energy cooperation. In 2024, KOGAS returned to profitability driven by higher operating income, gains from overseas operations, and reduced interest expenses, despite lower domestic gas prices. The company continues to emphasize diversified LNG sourcing and sustainable energy initiatives while maintaining its role as South Korea’s sole natural gas importer and distributor.