CS Corporation

CS Corporation

KKRX:065770
766.00
KRW
-55.00
(-6.70%)
-60.31EPS
20.40BMarket 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
9,740.65
15,983.53
9,532.26
7,076.34
4,590.49
6,250.61
3,470.69
4,330.78
4,240.41
3,619.06
3,456.92
3,796.53
2,415.13
2,494.08
Basic EPS, GAAP
-2,868
-2,700
-1,630
-1,142
106
436
-56
18
-246
-358
-70
112
-102
-60.31
Free Cash Flow per Basic Share
-3,769.18
-1,362.03
-2,141.29
-210.43
43.02
-290.26
57.24
85.48
170.23
-609.96
-52.27
127.36
-208.94
317.94
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3,251.92
4,174.08
1,825.72
2,094.08
2,006.99
2,394.79
2,310.56
2,340.87
2,198.07
1,871.58
1,804.06
1,914.5
1,797.49
1,778.11
Tangible Book Value per Share
2,410.22
3,866.23
1,547.17
1,972.92
1,860.23
2,222.65
2,112.68
2,112.68
1,999.12
1,715.5
1,697.83
1,769.37
1,656.76
1,641.63
Basic Weighted Avg Shares
5
5
5
7
9
9
9
10
10
10
10
10
10
10
Sales/Revenue/Turnover
52,300
85,481
50,988
48,505
43,331
58,746
32,158
42,958
41,092
35,183
33,661
37,172
23,640
24,206
Operating Margin (%)
-18.8
4.44
-16.33
-0.68
4.3
3.91
-2.43
0.85
0.56
-11.75
-4.68
-0.54
-5
-3.22
Depreciation Expense
3,477
3,898
1,356
1,530
1,319
993
967
1,005
1,023
1,293
1,253
942
964
898
Net Income, GAAP
-15,399
-14,440
-8,719
-7,828
1,001
4,098
-519
179
-2,384
-3,480
-682
1,097
-998
-585
Effective Tax Rate (%)
- -
- -
- -
- -
12.69
3.45
- -
- -
- -
- -
- -
3.07
- -
- -
Profit Margin (%)
-29.44
-16.89
-17.1
-16.14
2.31
6.98
-1.61
0.42
-5.8
-9.89
-2.02
2.95
-4.22
-2.42
Working Capital
-17,990
-4,887
-23,164
-16,072
15,473
17,560
17,097
16,572
16,983
13,222
13,126
15,488
14,348
13,600
LT Debt
16,401
4,864
3,742
1,608
- -
- -
83
118
11
31
7
106
32
346
Total Equity
37,606
38,977
9,765
19,721
18,901
22,553
21,760
22,045
21,333
18,165
17,509
18,581
17,446
17,258
Return on Invested Capital (%)
- -
- -
- -
- -
5.46
11.43
- -
- -
- -
- -
- -
-1.03
- -
- -
Return on Capital (%)
- -
- -
- -
- -
5.61
19.77
- -
- -
- -
- -
- -
5.98
- -
- -
Return on Common Equity (%)
-62.27
-72.71
-54.34
-53.1
5.18
19.77
-2.34
0.82
-10.99
-17.62
-3.82
6.08
-5.54
-3.32

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
195
86
462
LT Borrowings
- -
- -
- -
LT Finance Leases
48
32
346
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
18,479
15,063
20,401

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
16,928
15,927
16,142
Cash, Cash Equivalents & STI
7,329
10,029
9,481
Accounts Receivable, Net
2,507
1,911
1,460
Inventories
6,237
3,492
4,083
Total Current Liabilities
2,383
1,579
2,542
Payables & Accruals
- -
- -
- -
ST Debt
195
86
462
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.32%
-4.34%
-6.11%
Free Cash Flow
-211.22%
-213.06%
-264.01%
Net Income, GAAP
-198.2%
-384.3%
-191.05%
Sales/Revenue/Turnover
-4.06%
-9.8%
-36.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14,251
6,114
7,650
9,158
37,172
2025
2,742
4,669
5,947
10,282
23,640
2026
3,308
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22
98
14
-20.65
112
2025
-66
-41.9
-7.6
12.68
-102
2026
-23.5
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Kyu-Hoon Choi
Full Time Employees
45
Sector
Electronic technology
Industry
Computer communications
Address
Seongnam-si South Korea
IPO Date
Jun 4, 2004
Business
CS Corporation is a South Korea-based telecommunications equipment and electronic materials manufacturer primarily engaged in the development, production, and distribution of mobile network coverage systems and wireless infrastructure solutions. Founded in 1999 as C&S Microwave Co., Ltd. and headquartered in Seongnam-si, South Korea, the company operates across core business divisions encompassing telecommunications equipment, organic light-emitting diode (OLED) materials, and specialized broadcasting technologies. The company’s comprehensive product and service portfolio includes radio frequency (RF) repeaters, optical repeaters, and outdoor base station repeaters for cellular network expansion; in-building distributed antenna systems (DAS), point of interface (POI) units, master units, and optical hub and remote units supporting 3G, 4G LTE, and 5G communications; residential home repeaters and wireless broadband coverage extenders; digital television (DTV) repeaters and digital multimedia broadcasting (DMB) transmission equipment; organic chemical materials utilized in OLED display manufacturing processes; and voice recognition modules alongside telecom network installation, maintenance, and system integration services. CS Corporation serves major tier-one mobile network operators, including SK Telecom, KT, and LG Uplus, as well as international carriers and display panel manufacturers across South Korea, North America, and Asia. In recent operational and strategic developments, the company completed the 100% equity acquisition of Mirae Information Technology for KRW 20 billion to expand its technology assets and business scope. Additionally, the company executed a 2-for-1 share consolidation to optimize its capital structure, completed the early redemption of its sixth series convertible bonds, and secured successive supply contracts for next-generation 5G optical repeaters and network infrastructure components.