WOORIRO CO., LTD.

WOORIRO CO., LTD.

KKRX:046970
7,570.00
KRW
-740.00
(-8.90%)
59.45EPS
140.45P/E
362.38BMarket 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
1,291.72
1,094.55
3,877.17
2,584.3
1,967.35
2,312.4
4,697.29
3,959.83
3,684.96
3,124.79
1,540.71
1,093.63
969.41
1,108.64
Basic EPS, GAAP
-943
-338.35
142.69
12
-477
-115
-363
-313
471
-109
-135
-118
-18
59.45
Free Cash Flow per Basic Share
-330.06
-499.43
54.58
-427.89
-11.79
-61.03
-70.53
-13.39
-101.17
-41.4
-98.65
-93.96
20.86
52.48
Dividend per Share
12.5
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2,018.13
1,676.2
1,775.71
1,805.61
1,412.57
1,342.59
1,043.32
758.48
1,279.3
1,190.83
1,038.81
916.95
902.72
937.11
Tangible Book Value per Share
2,017.55
1,627.33
1,364.41
1,406.77
1,226.36
1,125.86
847.93
656.55
1,221.07
1,161.16
1,032.44
912.07
899.82
934.21
Basic Weighted Avg Shares
14
14
14
16
21
24
25
27
29
32
35
43
44
43
Sales/Revenue/Turnover
17,932
15,189
53,211
42,224
41,059
55,854
115,365
106,887
107,380
99,007
54,610
47,372
42,475
48,114
Operating Margin (%)
-65.26
-34.63
4.68
-4.58
-14.26
5.38
-1.74
0.23
4.13
1.36
-6.32
-6.33
-1.59
3.9
Depreciation Expense
2,349
1,791
2,423
2,373
3,008
2,815
2,354
1,290
1,319
1,357
1,626
1,407
1,027
1,005
Net Income, GAAP
-13,091
-4,695
1,958
196
-9,955
-2,778
-8,915
-8,449
13,725
-3,454
-4,785
-5,111
-789
2,580
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
0.92
- -
- -
- -
- -
6.24
Profit Margin (%)
-73
-30.91
3.68
0.46
-24.25
-4.97
-7.73
-7.9
12.78
-3.49
-8.76
-10.79
-1.86
5.36
Working Capital
14,898
13,117
3,371
9,143
167
-7,083
-11,873
-10,405
24,671
24,837
32,854
28,845
27,366
29,177
LT Debt
3,051
6,447
5,381
4,404
550
27
364
121
417
569
441
495
414
473
Total Equity
28,012
23,126
30,071
33,541
32,585
32,589
25,615
18,452
37,721
37,659
45,084
39,795
39,177
40,670
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
8.65
- -
- -
- -
- -
3.86
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
30.53
- -
- -
- -
- -
6.09
Return on Common Equity (%)
-37.81
-18.36
7.47
0.63
-30.53
-8.54
-29.81
-35.1
44.64
-8.84
-11.57
-12.04
-2
6.56

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
9,169
9,096
9,078
LT Borrowings
- -
- -
- -
LT Finance Leases
429
414
473
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
43
43
43
Market Capitalization
57,677
54,032
362,383

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
42,994
42,214
44,550
Cash, Cash Equivalents & STI
18,456
20,699
20,366
Accounts Receivable, Net
5,289
3,506
5,898
Inventories
17,105
16,312
16,301
Total Current Liabilities
13,613
14,847
15,373
Payables & Accruals
- -
- -
- -
ST Debt
9,169
9,096
9,078
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7%
22.14%
-1.55%
Free Cash Flow
2.88%
144.18%
-122.46%
Net Income, GAAP
-555.06%
-85.36%
-84.57%
Sales/Revenue/Turnover
3.6%
-15.15%
-10.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,098
12,649
12,392
12,233
47,372
2025
8,886
10,078
12,062
11,450
42,475
2026
14,525
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-14.38
-22
-23
-61.2
-118
2025
-42
5.03
28.81
-9.58
-18
2026
35.19
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Sae-Cheol Park
Full Time Employees
101
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Gwangju South Korea
IPO Date
Nov 27, 2012
Business
WOORIRO CO., LTD. is a South Korea-based technology company engaged in the research, development, manufacture, and distribution of optical communication components, compound semiconductor photonic devices, and information technology solutions. Founded on December 29, 1998, as Wooriro Optical Telecom Co., Ltd. and rebranded to WOORIRO Co., Ltd. in April 2015, the company is headquartered in Gwangju, South Korea, and is publicly listed on the Korea Exchange (KRX: 046970). The company operates across three primary business divisions: Optical Communications, System Integration, and Audio Equipment Distribution. The company offers a comprehensive portfolio of optical and electronic products and services organized across several specialized categories: optical communication components, including planar lightwave circuit (PLC) optical splitter wafers, chips, and modules; dense wavelength division multiplexing (DWDM) and coarse wavelength division multiplexing (CWDM) chips; and receiver optical sub-assemblies (ROSAs) for fiber-to-the-home (FTTH) and high-speed fiber-optic telecommunication networks; compound semiconductor photodetectors, including Indium Gallium Arsenide (InGaAs) PIN photodiodes, Avalanche Photodiodes (APDs), and high-bandwidth optical sensor chips; quantum and sensing technologies, consisting of single-photon avalanche diodes (SPADs), solid-state photomultipliers (SSPMs), photonic integrated circuit (PIC) devices, laser detection sensors, and optical engines utilized in quantum cryptography, LiDAR for autonomous mobility, bio-imaging, and defense laser range-finding systems; system integration and enterprise storage solutions, encompassing big data analytics, cloud server engineering, and the distribution of high-capacity hard disk drives (HDDs) and solid-state drives (SSDs) sourced via authorized distribution agreements with Western Digital; and consumer electronics distribution, comprising high-performance audio systems and acoustic equipment under licensed commercial brands, including Klipsch. WOORIRO operates fully integrated internal semiconductor fabrication and cleanroom packaging facilities, managing the entire lifecycle from compound semiconductor chip design and epitaxial wafer processing to module assembly and optical testing. The company serves domestic and international telecommunications carriers, cloud computing and AI data center operators, automotive tier-1 suppliers, defense contractors, and quantum research laboratories. Geographically, WOORIRO distributes its components domestically in South Korea and exports to commercial clients, universities, and research institutes across more than 20 countries in North America, Europe, and Asia-Pacific. The corporate structure includes specialized technology subsidiaries and affiliated units, such as QuantumFlux Co., Ltd., which focuses on electro-optical signal processing hardware. In recent strategic developments, WOORIRO has accelerated its expansion into quantum security and advanced AI infrastructure. The company joined the X Quantum alliance (formerly Quantum Alliance) spearheaded by SK Telecom alongside industry partners including Nokia, ID Quantique (IDQ) Korea, SOS LAB, Xgate, and KCS to co-develop and commercialize end-to-end quantum cryptography and quantum key distribution (QKD) infrastructure. Concurrently, WOORIRO has advanced its proprietary gigahertz-level high-speed SPAD technology and single-photon LiDAR receiver modules through national research initiatives and global supply agreements with quantum technology providers such as ID Quantique and Toshiba Europe. To capitalize on the rapid expansion of generative AI and hyperscale cloud infrastructure, the company has also expanded production of high-speed photodetectors and optical transceiver components alongside scaled distribution of enterprise-grade AI data storage systems. These operational expansions and heightened demand for optical network hardware have driven substantial revenue growth and a return to operating profitability.