Codes Combine Co., Ltd

Codes Combine Co., Ltd

KKRX:047770
2,725.00
KRW
-15.00
(-0.55%)
105.82EPS
37.96P/E
153.26BMarket Cap
Codes Combine Co., Ltd
KRX:047770
(Korea Stock Exchange)

Recent

price

2,725.00

P/E

ratio

37.96

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
7,390,000.27
6,379,998.33
5,581,616.59
4,188,429.35
3,167,435.32
385.98
429.49
557.28
777.18
949.93
859.79
1,011.06
1,033.38
1,107.94
1,048.8
1,053.77
1,089.74
Revenue per Share
333,337.77
86,461.45
-438,373.72
-544,813.22
-731,098.47
-258
39
56
92
181
149
175
201
98
55
117
106.95
Basic EPS, GAAP
-273,851.34
-751,946.32
-306,680.11
-64,355.52
-176,049.65
-449.14
42.84
46.34
56.61
108.87
95.36
100.42
70.91
47.6
90.24
117.5
140.43
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1,956,308.53
1,741,104.11
1,318,786.77
760,590.07
175,792.48
628.99
675.39
741.46
920.22
1,101.75
1,208.9
1,383.35
1,584.58
1,682.89
1,737.9
1,854.74
1,883.06
Book Value per Share
1,982,688.5
1,706,670.93
1,283,975.25
753,772.82
172,466.61
628.99
675.39
741.46
920.22
1,101.75
1,208.9
1,383.35
1,584.58
1,625.71
1,680.72
1,797.39
1,825.72
Tangible Book Value per Share
- -
- -
- -
- -
- -
46
38
38
38
38
38
38
38
38
38
38
38
Basic Weighted Avg Shares
194,217
222,266
199,638
151,341
103,195
17,643
16,337
21,234
29,343
35,815
32,485
38,264
39,053
41,956
39,601
39,723
41,137
Sales/Revenue/Turnover
9.09
4.65
-3.99
-11.15
-28.99
-120.55
8.1
8.53
16.38
12.6
11.29
11.15
9.88
6.98
2.67
6.08
6.7
Operating Margin (%)
3,481
3,155
4,146
3,885
3,897
1,329
310
328
863
1,760
1,899
1,816
1,359
1,399
1,732
1,833
1,799
Depreciation Expense
8,760
3,012
-15,679
-19,686
-23,819
-11,793
1,484
2,134
3,474
6,824
5,630
6,623
7,596
3,711
2,077
4,410
4,037
Net Income, GAAP
24.43
23.53
- -
- -
- -
- -
- -
- -
0.52
- -
- -
- -
- -
10.28
22.55
- -
- -
Effective Tax Rate (%)
4.51
1.36
-7.85
-13.01
-23.08
-66.84
9.08
10.05
11.84
19.05
17.33
17.31
19.45
8.85
5.24
11.1
9.81
Profit Margin (%)
-29,384
13,599
7,780
-16,992
-29,827
126
4,174
6,424
-2,789
10,307
10,183
17,544
24,614
28,177
31,260
37,622
32,467
Working Capital
34,008
5,609
9,492
- -
3,600
- -
- -
- -
- -
654
271
77
251
512
427
- -
81
LT Debt
66,321
63,453
48,783
29,159
5,229
22,088
23,881
26,473
35,472
42,397
48,044
54,632
62,263
65,974
67,834
72,294
73,391
Total Equity
9.22
6.01
- -
- -
- -
- -
8.41
10.53
16.85
- -
- -
- -
- -
3.67
1.11
- -
- -
Return on Invested Capital (%)
8.01
3.9
- -
- -
- -
- -
6.29
8.48
10.18
- -
- -
- -
- -
5.67
3.48
- -
- -
Return on Capital (%)
18.84
5.33
-28.76
-52.65
-140.45
-78.18
6.01
7.96
11.06
17.88
12.91
13.54
13.56
6.02
3.22
6.5
5.85
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
10,323
10,056
9,586
LT Borrowings
- -
- -
- -
LT Finance Leases
124
- -
81
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
38
38
Market Capitalization
71,006
107,019
153,262

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
50,619
53,548
47,016
Cash, Cash Equivalents & STI
36,427
39,861
33,913
Accounts Receivable, Net
3,603
2,996
3,366
Inventories
9,579
7,681
7,727
Total Current Liabilities
15,394
15,926
14,549
Payables & Accruals
- -
- -
- -
ST Debt
10,323
10,056
9,586
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.88%
8.61%
6.58%
Free Cash Flow
6.36%
12.46%
29.99%
Net Income, GAAP
12.25%
9.9%
112.37%
Sales/Revenue/Turnover
9.55%
4.4%
0.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,084
10,185
8,987
11,345
39,601
2025
8,338
9,465
9,564
12,355
39,723
2026
9,752
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25
22
12
-4.15
55
2025
38
16.14
33.87
28.62
117
2026
28.32
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Codes Combine Co., Ltd. is a South Korea-based fashion and apparel company primarily engaged in the design, planning, manufacturing, distribution, and retail sale of casual clothing, innerwear, and related fashion accessories. Founded in 1995 and headquartered in Seoul, South Korea, the company operates across domestic and select international markets, catering to young adult, contemporary, and family consumer segments. Operating as part of the Cotton Club Co., Ltd. corporate group, the company markets its products under several recognized brand extensions. Its primary product lines include casual outerwear and apparel, such as coats, jackets, trench coats, padding jumpers, knitwear, shirts, blouses, t-shirts, sweatshirts, denim jeans, slacks, and skirts under the codes combine and codes combine basic+ labels; innerwear and intimate apparel, comprising bras, briefs, panties, homewear, pajamas, and functional thermal base layers under the codes combine innerwear brand; children's fashion, providing casual tops, pants, dresses, and outerwear under the codes combine kids label; and fashion accessories, encompassing bags, hats, scarves, belts, and socks. The company distributes its merchandise through a multichannel domestic network consisting of department store concessions, suburban outlets, franchise specialty stores, and flagship multi-shops, complemented by direct-to-consumer online shopping malls and leading third-party fashion e-commerce platforms. In recent strategic and operational developments, Codes Combine Co., Ltd. has accelerated its digital transition by expanding direct-to-consumer online operations and integrating with major multi-brand online platforms to capture younger consumer demand. The company has also optimized its physical distribution network by rationalizing unprofitable brick-and-mortar storefronts in favor of high-yield outlet venues, while strengthening operational synergies with parent affiliate Cotton Club to expand its higher-margin innerwear, loungewear, and sustainable textile product offerings.