Sangsangin Co., Ltd.

Sangsangin Co., Ltd.

KKRX:038540
1,899.00
KRW
-15.00
(-0.78%)
-467.60EPS
118.75BMarket 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
1,081.85
3,621.98
3,394.84
5,049.51
7,186.32
7,193.41
9,793.4
8,301.79
10,397.43
13,979.83
17,117.78
10,748.88
7,648.28
6,679.48
Basic EPS, GAAP
190.76
369.91
606.17
1,208.44
1,810.59
2,028.72
2,282
1,134
1,848
866
-1,174
-3,538
-2,203
-2,108.54
Free Cash Flow per Basic Share
-642.44
320.94
-3,113.22
-5,661.59
-9,495.03
668.55
11,295.73
-4,739.46
4,916.59
826.67
-29,356.28
12,446.23
7,278.08
1,573.06
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
200.05
0.21
200.11
- -
- -
- -
- -
Book Value per Share
1,389.41
1,747.8
2,367.09
3,497.16
5,238.66
7,615.24
9,605.61
10,698.13
12,761.92
13,664.97
12,597.42
8,992.26
6,994.3
7,081.03
Tangible Book Value per Share
653.09
929.85
1,725.84
2,568.92
4,382.32
6,727.21
8,672.73
9,698.43
11,746.76
12,650.73
11,510.75
7,790.17
6,164.26
6,267.83
Basic Weighted Avg Shares
55
56
56
56
55
67
55
55
55
55
55
55
55
55
Sales/Revenue/Turnover
59,220
203,079
191,150
283,866
397,628
484,382
541,350
454,188
569,034
764,621
936,963
588,251
418,561
365,106
Operating Margin (%)
-0.08
11.7
15.46
24.75
30.89
36.29
33.71
20.9
22.44
8.48
-6.91
-16.02
-11.47
-9.97
Depreciation Expense
1,078
1,653
2,939
4,048
2,603
1,809
6,222
8,002
8,434
10,889
14,204
14,547
13,672
13,144
Net Income, GAAP
10,442
20,741
34,131
67,934
100,182
136,608
126,142
62,041
101,138
47,366
-64,260
-193,623
-120,562
-115,255
Effective Tax Rate (%)
- -
8.59
6.26
15.84
15.73
24.52
26.37
26.66
25.23
33.15
- -
- -
- -
- -
Profit Margin (%)
17.63
10.21
17.86
23.93
25.19
28.2
23.3
13.66
17.77
6.19
-6.86
-32.92
-28.8
-31.57
Working Capital
-74,462
31,649
1,671
-229,099
-139,694
-64,112
2,346,142
1,806,693
2,788,678
3,265,622
-69,334
243,348
-35,432
21,395
LT Debt
1,259
2,428
1,779
450
150
20,168
36,648
29,422
16,865
31,912
31,310
41,829
25,936
23,590
Total Equity
77,778
97,786
154,970
194,510
294,248
431,677
618,663
691,541
801,596
849,135
797,882
570,268
467,091
474,127
Return on Invested Capital (%)
- -
28.31
23.3
33.67
42.91
32.21
19.47
8.41
10.76
4.03
- -
- -
- -
- -
Return on Capital (%)
- -
20.99
25.43
37.44
40.76
33.26
18.77
6.61
10.15
4.99
- -
- -
- -
- -
Return on Common Equity (%)
14.52
23.61
29.5
41.42
40.99
37.93
26.51
11.17
15.76
6.55
-8.94
-32.78
-27.56
-26.17

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
472,396
513,170
534,885
LT Borrowings
10,000
10,000
10,000
LT Finance Leases
16,307
15,936
13,590
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
55
55
55
Market Capitalization
109,284
94,673
118,752

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,300,993
3,345,777
4,056,961
Cash, Cash Equivalents & STI
907,021
715,008
699,920
Accounts Receivable, Net
1,205,013
601,316
564,754
Inventories
8,290
4,492
6,552
Total Current Liabilities
3,119,235
3,381,209
4,035,565
Payables & Accruals
- -
- -
- -
ST Debt
472,396
513,170
534,885
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.78%
-6.16%
-18.09%
Free Cash Flow
-294.12%
-824.94%
-41.52%
Net Income, GAAP
6.22%
-12.45%
-37.73%
Sales/Revenue/Turnover
12.22%
3.23%
-28.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
228,512
189,052
233,893
218,793
588,251
2025
111,220
188,699
153,463
-103,950
418,561
2026
126,894
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
378
-1,301
-825
-1,790.15
-3,538
2025
51
-151.7
-904.6
-1,198.14
-2,203
2026
149.03
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Jin-Su Kim
Full Time Employees
216
Sector
Technology services
Industry
Information technology services
Address
358 Hwangsaewul-Ro Seongnam GY South Korea
IPO Date
Aug 18, 2000
Business
Sangsangin Co., Ltd. Sangsangin Co., Ltd. (038540.KQ) engages primarily in information technology solutions, financial services, and heavy industry engineering in South Korea. The company offers integrated IT services, including security systems, integrated communication platforms, software-defined networking (SDN), cloud computing solutions; wired and wireless network design, installation, maintenance, and consulting; electronic components supply. In financial services, Sangsangin Co., Ltd. provides banking products such as stock loans through Sangsangin Savings Bank and Sangsangin Plus Savings Bank, which emphasize customer-oriented retail banking, risk management, and community-focused operations; acts as an intermediary for equity, bonds, financial derivatives trading via Sangsangin Securities and Investment and Sangsangin Plus; and delivers investment consulting and brokerage services. Additionally, the company delivers heavy industry solutions, including consulting for shipbuilding site modernization and new construction, production capacity forecasting, layout configuration, facility and equipment selection, workforce planning; offshore marine cranes, deck cranes, and automated facilities for shipyards through affiliates like Sangsangin Ship Machinery and Sangsangin Industry. Sangsangin Co., Ltd. operates nationwide in South Korea, targeting corporate clients in IT, manufacturing, shipbuilding, and retail investors in finance, with a workforce of approximately 221 employees. Founded in 1989 and headquartered in Seongnam-si, South Korea, the company maintains subsidiaries including Sangsangin Savings Bank, Sangsangin Securities and Investment, Sangsangin Plus, and shipbuilding engineering units. Recent developments include an agreement to acquire an additional 10.46% stake in Sangsangin Investment & Securities Co., Ltd. from J One Wide Co., Ltd.; divestiture of a 90% stake in Sangsangin Savings Bank to KBI Group for approximately KRW 110 billion in late 2024; and earlier expansions such as the 2019 acquisition of Golden Bridge Investment & Securities Co. and the 2018 name change from Texcell-NetCom Co., Ltd. to Sangsangin Co., Ltd., alongside the 2016 establishment of Sangsangin Plus Co.