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    Electronic technology

  3. •

    Telecommunications equipment
Ocean In W Co.Ltd.

Ocean In W Co.Ltd.

KKRX:052300
1,350.00
KRW
-24.00
(-1.75%)
-59.51EPS
29.88BMarket 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
60,871.54
38,820.49
10,287.84
10,040.8
16,454.27
20,105.87
6,614.95
19,412.81
8,362.75
1,193.15
817.66
4,554.48
457.17
789.89
Basic EPS, GAAP
-1,750
-5,000
2,750
4,750
1,700
-1,750
-6,500
18,450
9,420
-8,670
-1,673.48
51,610
-1,153
-92.27
Free Cash Flow per Basic Share
-847.68
-5,878.93
-1,458.81
-3,575.3
973.02
-1,440.44
-606.1
708.01
277.96
-3,483.05
1,888.34
3,796.64
-105.74
43.44
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
3.33
- -
- -
- -
- -
- -
Book Value per Share
16,173.74
21,935.45
27,549.37
35,584
35,175.1
33,953.8
25,238.96
26,057.76
29,770.04
16,879.22
15,355.08
16,977.29
16,293.69
17,450.82
Tangible Book Value per Share
-8,469.9
17,873.04
26,095.89
34,414.55
32,210.66
33,231.18
24,795.36
25,729.68
11,713.61
10,721.27
15,335.76
16,970.68
16,247.45
17,323.86
Basic Weighted Avg Shares
1
1
1
2
2
3
3
1
7
11
15
1
17
17
Sales/Revenue/Turnover
63,268
46,702
15,426
17,208
30,294
51,120
18,024
16,693
56,159
13,464
11,863
6,802
7,570
13,054
Operating Margin (%)
4.39
-5.7
-22.65
9.49
-0.31
-6.77
-20.91
-3.57
-2.06
-1.62
-5.76
-47.87
-32.39
-24.11
Depreciation Expense
19,396
7,230
342
263
262
307
564
397
15,907
23,222
25,107
332
497
661
Net Income, GAAP
-1,819
-6,015
4,124
8,141
3,130
-4,449
-17,711
15,865
63,259
-97,835
-24,280
77,076
-19,092
-1,525
Effective Tax Rate (%)
28.86
- -
15
5
- -
- -
- -
30.75
26.38
- -
- -
17.37
- -
- -
Profit Margin (%)
-2.87
-12.88
26.73
47.31
10.33
-8.7
-98.26
95.04
112.64
-726.65
-204.67
1,133.17
-252.2
-11.68
Working Capital
4,754
6,070
8,036
-16,678
1,312
8,747
-3,852
-8,795
91,669
50,056
372,353
125,586
99,431
148,349
LT Debt
13,882
1,295
53
45
17,469
31,606
14,695
369
73,041
88,396
54
15
931
2,130
Total Equity
23,365
31,273
44,083
74,848
83,674
89,816
86,970
121,103
539,221
429,297
410,262
286,304
288,944
353,904
Return on Invested Capital (%)
5.28
- -
-6.66
1.98
- -
- -
- -
-0.32
-0.31
- -
- -
-0.76
- -
- -
Return on Capital (%)
-7.94
- -
9.7
14.9
- -
- -
- -
13.85
15.87
- -
- -
-3.88
- -
- -
Return on Common Equity (%)
-10.31
-25.2
11.15
13.7
3.95
-5.13
-20.04
15.25
32.5
-41.77
-12.7
32.91
-6.94
-0.54

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3,565
36,182
32,473
LT Borrowings
- -
833
667
LT Finance Leases
4
98
1,463
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
43,372
35,552
29,883

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
80,474
139,970
236,372
Cash, Cash Equivalents & STI
13,543
81,083
128,639
Accounts Receivable, Net
2,218
7,180
51,270
Inventories
- -
7,667
7,810
Total Current Liabilities
7,341
40,540
88,023
Payables & Accruals
- -
- -
- -
ST Debt
3,565
36,182
32,473
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
41.62%
58.23%
0.92%
Free Cash Flow
-282.43%
-475.78%
-130.88%
Net Income, GAAP
-67.11%
-114.66%
-124.77%
Sales/Revenue/Turnover
20.13%
23.43%
11.3%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,077
1,644
1,287
1,794
6,802
2025
1,385
2,198
2,144
1,842
7,570
2026
6,869
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,100
10,500
3,400
3,245.85
51,610
2025
56.69
2,747.18
73.72
-4,034.97
-1,153
2026
1,139.98
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Jin-Wook Choi
Full Time Employees
11
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Seoul South Korea
IPO Date
Aug 2, 2001
Website
chorokbaemcompany.com
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Business
Ocean In W Co., Ltd. is a South Korea-based diversified commercial enterprise primarily engaged in the wholesale distribution of architectural glass products, real estate leasing, and industrial technology operations. The company operates across multiple core business segments: Glass Distribution, Real Estate, Industrial Equipment and Software, and Investment Operations. Through its flagship glass distribution division, the company serves as an authorized distributor for leading domestic manufacturers, including KCC Corporation and LX Glass, supplying architectural flat glass; high-performance Low-E (low-emissivity) energy-saving glass; clear, tinted, and coated float glass; laminated, tempered, and insulated architectural safety glass; and specialized window sealants and structural glazing adhesives to construction contractors, window fabricators, and architectural engineering firms across South Korea. In its real estate division, the company manages commercial property leasing, rental administration, and facility management operations for owned real estate assets in Seoul. Through consolidated operating subsidiaries and corporate affiliates, the company also provides industrial valves and fluid control mechanisms; enterprise software solutions and information technology support; and participates in new technology venture investment partnerships. In recent corporate developments, the company executed a comprehensive corporate restructuring and officially changed its name from City Property Co., Ltd. (formerly Chorokbaem Company and W Holding Company) to Ocean In W Co., Ltd. in November 2024 to solidify its operational focus around glass distribution and commercial real estate. As part of this strategic reorganization to enhance governance transparency and streamline its asset portfolio, the company divested its entire 39.33 percent controlling equity stake in television and media production affiliate Chorokbaem Media Co., Ltd. to private equity manager Q Capital Partners. Additionally, the company completed a stock split in May 2026, adjusting the par value of its common shares from KRW 5,000 to KRW 500 to improve trading liquidity and broaden public investor participation. Founded on August 17, 1995, and publicly traded on the KOSDAQ exchange under the ticker symbol 052300, Ocean In W Co., Ltd. is headquartered in Gangnam-gu, Seoul, South Korea.