RingNet Co., Ltd

RingNet Co., Ltd

KKRX:042500
4,125.00
KRW
-55.00
(-1.32%)
576.84EPS
6.64P/E
80.65BMarket 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
5,042.8
5,477.38
4,676.26
5,980.73
6,837.12
6,670.16
6,875.57
7,561.95
10,703.99
10,533.82
11,282.99
7,055.52
9,437.38
9,786.69
Basic EPS, GAAP
292.95
234.62
176.28
157.05
216.67
169.23
366.03
383.33
432.05
519.23
662.82
553.33
562
576.84
Free Cash Flow per Basic Share
29.63
4.61
782.25
-292.2
208.09
646.81
-276.74
1,059.1
-1,661.72
-1,170.64
2,616.62
283.64
-488.81
236.79
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1,786.88
2,001.95
2,177.2
2,331.07
2,571.95
2,706.28
3,045.05
3,391.38
3,807.71
4,336.27
4,977.98
5,585.43
5,652.54
5,606.77
Tangible Book Value per Share
1,773.13
1,977.09
2,150.13
2,306.96
2,546.01
2,677.64
3,013.79
3,355.03
3,770.66
4,296.98
4,939.15
5,535.85
5,608.24
5,569.84
Basic Weighted Avg Shares
19
21
21
22
22
21
19
20
20
19
19
23
19
20
Sales/Revenue/Turnover
97,062
114,686
100,241
128,941
148,507
137,561
131,919
149,461
214,784
204,004
217,699
163,905
183,074
194,734
Operating Margin (%)
5.85
5.36
4.12
3.66
3.54
2.99
5.33
4.94
4.95
5.34
7.52
8.36
7.82
8.32
Depreciation Expense
236
279
307
304
274
261
809
693
661
599
650
637
482
503
Net Income, GAAP
5,639
4,912
3,779
3,386
4,706
3,490
7,023
7,577
8,669
10,056
12,789
12,854
10,902
11,478
Effective Tax Rate (%)
21.91
21.71
23.84
25.31
18.89
27.07
25.24
26.73
19.12
24.96
20.41
22.07
20.83
21.01
Profit Margin (%)
5.81
4.28
3.77
2.63
3.17
2.54
5.32
5.07
4.04
4.93
5.87
7.84
5.96
5.89
Working Capital
30,797
38,297
40,963
41,431
43,385
41,901
43,193
57,064
51,602
61,722
60,684
66,196
71,019
51,720
LT Debt
125
- -
- -
90
53
- -
199
480
21
8
6
- -
3,363
3,363
Total Equity
34,416
43,144
46,841
50,731
54,919
52,338
58,034
68,734
74,572
83,422
96,119
106,822
119,029
118,065
Return on Invested Capital (%)
10.68
10.68
6.38
6.82
7.52
5.2
8.94
7.6
10.78
9.16
13.01
10.13
9.58
11.15
Return on Capital (%)
14.53
11.14
7.74
7.12
8.73
6.43
12.7
11.37
11.34
11.7
13.4
12.64
9.47
10.1
Return on Common Equity (%)
17.85
12.71
8.44
6.96
8.91
6.51
12.73
11.95
12.1
12.73
14.25
12.67
9.65
10.3

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,121
1,121
1,121
LT Borrowings
4,484
3,363
3,363
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
21
21
Market Capitalization
74,396
79,808
80,651

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
110,223
116,727
96,085
Cash, Cash Equivalents & STI
39,068
34,458
37,965
Accounts Receivable, Net
23,045
50,301
18,239
Inventories
27,772
16,986
24,547
Total Current Liabilities
37,492
45,708
44,365
Payables & Accruals
- -
- -
- -
ST Debt
1,121
1,121
1,121
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.93%
11.63%
11.43%
Free Cash Flow
-169.31%
-188.97%
-243.91%
Net Income, GAAP
15.48%
8.58%
-15.19%
Sales/Revenue/Turnover
7.8%
6.48%
11.7%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
37,380
35,258
31,754
59,513
163,905
2025
25,815
34,505
43,670
79,083
183,074
2026
37,475
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
151.92
185
154.17
172.4
553.33
2025
73.33
179.2
196.68
98.02
562
2026
108.63
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Joo-Seok Lee
Full Time Employees
298
Sector
Industrial services
Industry
Engineering & construction
Address
Seoul South Korea
IPO Date
Jan 10, 2002
Business
RingNet Co., Ltd. is a South Korea-based information and communication technology (ICT) company primarily engaged in network integration, enterprise cloud computing, IT infrastructure architecture, cybersecurity solutions, and artificial intelligence (AI) data center infrastructure. Founded in April 2000 following a spin-off from the network division of LS Cable & System, the company is headquartered in Seoul, South Korea. RingNet operates across several core business segments and delivers a comprehensive portfolio of products and services, including: Network Integration and Data Center Infrastructure, encompassing the design, construction, and optimization of local area networks (LAN), wide area networks (WAN), wireless networks, software-defined networking (SDN), unified communications, and optical routing and switching hardware; Cloud and Virtualization Services, offering public, private, and hybrid cloud architecture consulting, migration, infrastructure management, and virtualization deployments in partnership with cloud platform providers such as Naver Cloud; Enterprise Cybersecurity Solutions, providing next-generation firewalls, Secure Access Service Edge (SASE), Extended Detection and Response (XDR), identity services, and Zero Trust security architectures; AI and High-Performance Infrastructure, delivering high-speed interconnects, GPU-optimized network fabrics, and AI data center (AIDC) turnkey implementations; and Maintenance and Managed IT Services, delivering continuous network operations center (NOC) monitoring, equipment maintenance, and technical support. The company serves enterprise clients across the financial, manufacturing, telecommunications, public sector, and education industries. Domestically, RingNet operates through its headquarters and regional offices alongside its wholly owned maintenance subsidiary, RingNet Plus Co., Ltd., and maintains global operational reach through foreign subsidiaries including RingNet Vina Co., Ltd. in Vietnam, Guangzhou RingNet Co., Ltd. in China, and RingNet Sp. z o.o. in Poland. In recent developments, RingNet has accelerated its strategic shift toward AI and next-generation cloud infrastructure by securing top-tier Preferred Partner status under Cisco's restructured global partner program with multi-architecture accreditations; expanding high-performance networking proof-of-concept (PoC) initiatives for AI workloads and GPU computing infrastructure; scaling deployment of unified multi-cloud security platforms via Cisco Security Cloud; and broadening its digital transformation portfolio into blockchain platforms and enterprise digital transaction frameworks.