BG T&A Co.

BG T&A Co.

KKRX:046310
2,495.00
KRW
-120.00
(-4.59%)
313.20EPS
14.83P/E
45.99BMarket 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
9,883.06
12,471.66
7,612.03
5,026.4
7,119.61
7,563.01
10,143.51
8,308.57
9,525.85
8,977.89
10,398.58
9,400.68
9,261.99
8,897.61
Basic EPS, GAAP
-771.99
-175.47
-175.47
-160
202
311
119
-336
354
289
817
817
263
192.86
Free Cash Flow per Basic Share
-712.69
-783.23
-630.11
-118.19
-863.8
303.62
2,407.11
-505.21
11.58
605.88
674.42
1,394.81
1,009.04
-104.48
Dividend per Share
85.87
46.59
- -
- -
- -
- -
49.57
48.46
- -
- -
- -
151.35
152.02
151.99
Book Value per Share
2,578.95
1,927.99
1,807.01
2,042.79
2,389.18
2,608.36
2,649.51
2,266.01
2,638.15
3,001.8
3,745.92
4,435.6
4,543.76
4,536.47
Tangible Book Value per Share
1,795.67
1,310.5
1,135.95
1,340.74
1,727.53
2,132.03
2,372.71
2,161.94
2,514
2,884.46
3,625.69
4,309.43
4,372.44
4,355.82
Basic Weighted Avg Shares
8
8
12
12
14
15
15
16
16
16
16
16
16
16
Sales/Revenue/Turnover
81,100
94,309
92,585
60,217
101,999
112,218
155,630
132,777
156,463
147,603
170,734
152,493
148,922
143,092
Operating Margin (%)
-5.01
0.71
1.22
-3.72
5.64
5.83
11.86
4.6
6.41
10.39
10.01
8.35
4.56
2.64
Depreciation Expense
3,301
3,509
3,573
3,234
3,842
3,707
3,229
2,503
2,241
2,161
2,089
2,149
2,222
2,237
Net Income, GAAP
-6,335
-1,327
-2,134
-1,917
2,894
4,615
1,826
-5,370
5,814
4,751
13,414
13,253
4,229
3,102
Effective Tax Rate (%)
- -
- -
96.84
- -
- -
- -
40.73
127.78
14.39
20.64
- -
- -
11.63
7.11
Profit Margin (%)
-7.81
-1.41
-2.31
-3.18
2.84
4.11
1.17
-4.04
3.72
3.22
7.86
8.69
2.84
2.17
Working Capital
8,606
8,420
6,281
8,787
18,876
25,153
39,089
45,332
58,508
66,607
80,347
81,486
83,494
83,044
LT Debt
3,188
1,961
683
2,300
7,379
2,883
2,246
2,378
3,637
1,975
1,780
1,737
1,138
1,068
Total Equity
27,996
30,650
23,106
30,140
35,367
44,556
52,630
53,396
64,464
81,005
98,049
98,983
102,186
100,750
Return on Invested Capital (%)
- -
- -
0.07
- -
- -
- -
15.44
-2.22
10.45
12.66
- -
- -
5.38
3.21
Return on Capital (%)
- -
- -
-7.99
- -
- -
- -
-6.38
-13.54
3.04
-1.02
- -
- -
1.61
1.39
Return on Common Equity (%)
-25.9
-6.07
-9.54
-7.46
9.12
12.49
4.52
-13.73
14.44
10.26
24.22
19.95
5.86
4.28

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5,959
5,159
5,013
LT Borrowings
- -
- -
- -
LT Finance Leases
1,248
1,138
1,068
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
45,593
56,689
45,995

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
107,694
104,102
109,681
Cash, Cash Equivalents & STI
55,520
55,498
43,941
Accounts Receivable, Net
22,160
22,009
22,078
Inventories
25,405
22,092
38,747
Total Current Liabilities
22,258
20,608
26,637
Payables & Accruals
- -
- -
- -
ST Debt
5,959
5,159
5,013
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.5%
14.32%
3.24%
Free Cash Flow
627.51%
1,024.22%
-28.29%
Net Income, GAAP
-76.98%
-22.71%
-68.09%
Sales/Revenue/Turnover
8.33%
2.97%
-2.34%
Total Cash Common Dividend
- -
- -
-0.44%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32,534
34,514
43,171
42,273
152,493
2025
35,520
37,983
37,196
38,222
148,922
2026
29,690
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
130
178
210
301.63
817
2025
142
35.41
137.58
-52
263
2026
71.88
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
149.68
- -
- -
- -
151.35
2025
152.03
- -
- -
- -
152.02
2026
151.99
- -
- -
- -
- -

Company Description

Full Time Employees
62
Sector
Electronic technology
Industry
Aerospace & defense
Address
Gunpo-si South Korea
IPO Date
Feb 5, 2002
Website
bgtna.com
Business
BG T&A Co., Ltd. is a South Korea-based original development manufacturer (ODM) and original equipment manufacturer (OEM) specializing in the design, engineering, and production of wireless communication equipment and automotive electronics. Founded in 1996 and headquartered in Gunpo-si, Gyeonggi-do, South Korea, the company operates across key international markets, generating the majority of its revenue from exports to North America, Europe, Japan, and other regions in Asia. BG T&A structures its product offerings across several core categories: Radar Detectors (RD), including analog and digital radar/laser detectors, GPS-enabled speed camera alert systems, smartphone-linked radar detectors, and customized units with 3D graphical user interfaces; Two-Way Radios (TWR), comprising professional land mobile radios (LMR), commercial digital mobile radios (DMR), marine transceivers, and low-power handheld communication devices; Automotive Video and Hybrid Solutions, consisting of vehicle dashcams, black boxes, and integrated radar detector-digital video recorder (RDVR) combination units, primarily developed through its consolidated subsidiary MT Omega Co., Ltd.; and Outdoor and Navigation Devices, featuring wearable GPS golf rangefinder watches and Bluetooth Low Energy (BLE)-enabled sport navigation equipment. In recent operational developments, BG T&A has expanded its product line toward next-generation connected automotive technologies, notably advancing high-performance RDVR systems that integrate radar detection with multi-channel video recording and artificial intelligence-assisted driving alert features. The company has strengthened its long-term strategic ODM supply partnerships with major global electronics and communications brands, including Cedar Electronics (operating the Cobra and Escort brands) for radar detection systems and Motorola Solutions for industrial two-way radio equipment. In addition, BG T&A has optimized its global supply chain and production footprint by scaling manufacturing capabilities at its overseas facility in Vietnam, improving cost efficiency and mitigating international tariff and geopolitical trade risks while supporting sustained export growth across commercial, industrial, and consumer markets.