1. South Korea Stocks

  2. •

    Utilities

  3. •

    Electric utilities
Korea District Heating Corp.

Korea District Heating Corp.

KKRX:071320
73,100.00
KRW
-1,000.00
(-1.35%)
30,546.40EPS
2.11P/E
747.99BMarket Cap
Nov 06Next Earn
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
248,610.67
218,145.49
172,902.91
148,535.28
158,429.24
214,821.39
204,485.36
171,224.95
165,384.16
370,992.96
327,313.09
286,247.24
331,548.21
335,571.54
Basic EPS, GAAP
9,930.86
6,105
10,003
10,943
6,035
-19,564
-2,209
2,279
1,399
-16,347
16,508
16,850
28,102
30,546.4
Free Cash Flow per Basic Share
8,131.24
6,051.87
-6,637.42
-18,651.15
-20,022.79
-1,657.66
-18,186.28
-3,819.3
-6,676.93
-45,186.25
-64,780.97
-18,702.75
28,482.21
41,351.03
Dividend per Share
3,750
3,187.81
2,110.06
3,619.97
3,799.98
2,820.04
- -
141.64
1,181.22
1,437.84
889.13
1,571.02
5,179.8
7,372.73
Book Value per Share
138,186.1
141,045.65
148,690.92
155,889.38
158,025.13
134,742.81
132,086.31
155,779.83
157,459.12
143,556.73
180,370.65
195,798.44
198,762.15
212,125.08
Tangible Book Value per Share
133,525.77
138,512.36
145,851.51
151,953.45
151,128.31
127,919.77
125,057.55
148,672.76
150,542.98
136,913.87
174,341.48
190,461.16
194,064.05
207,520
Basic Weighted Avg Shares
12
11
12
12
12
12
12
12
15
11
12
12
12
12
Sales/Revenue/Turnover
2,878,599
2,369,115
2,001,946
1,719,867
1,834,422
2,487,331
2,367,906
2,098,906
2,536,798
4,173,027
3,953,698
3,570,310
3,998,187
3,885,497
Operating Margin (%)
7.98
3.61
10.49
9.4
6.53
0.58
1.79
6.33
1.59
-9.67
8.01
9.19
13.25
14.64
Depreciation Expense
218,032
205,537
183,907
187,425
200,887
228,066
237,158
251,750
265,408
285,876
313,531
335,448
367,678
374,525
Net Income, GAAP
114,987
66,302
115,819
126,707
69,878
-226,524
-25,580
27,936
21,459
-183,875
199,404
210,167
338,886
353,689
Effective Tax Rate (%)
15.72
53.65
19.08
9.07
16.4
- -
- -
- -
26.31
- -
14.22
19.5
22.8
25.06
Profit Margin (%)
3.99
2.8
5.79
7.37
3.81
-9.11
-1.08
1.33
0.85
-4.41
5.04
5.89
8.48
9.1
Working Capital
-179,123
-121,734
-460,456
-309,566
-359,759
-317,079
-324,530
-337,032
-803,141
-876,599
-1,128,651
-641,538
-918,722
-953,265
LT Debt
2,189,160
1,854,510
1,610,780
1,919,517
2,158,943
2,308,898
2,550,699
2,420,113
2,194,783
2,781,790
2,792,968
3,350,672
2,996,685
2,560,990
Total Equity
1,600,531
1,633,131
1,721,654
1,805,003
1,829,733
1,560,152
1,529,394
1,803,735
1,823,179
1,667,003
2,093,244
2,268,249
2,301,416
2,456,142
Return on Invested Capital (%)
4.68
1
4.39
3.6
2.29
- -
- -
- -
0.62
- -
4.72
4.12
6.19
6.57
Return on Capital (%)
4.64
2.5
4.35
4.34
2.47
- -
- -
- -
1.26
- -
4.81
4.52
6.46
6.78
Return on Common Equity (%)
7.36
4.1
6.9
7.19
3.85
-13.36
-1.66
1.68
1.18
-10.55
10.63
9.65
14.84
14.5

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,309,076
1,194,350
1,239,411
LT Borrowings
2,894,645
2,615,002
2,466,597
LT Finance Leases
102,040
93,724
94,393
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
1,116,191
835,985
747,987

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
960,440
1,147,183
799,724
Cash, Cash Equivalents & STI
17,236
32,119
60,659
Accounts Receivable, Net
651,226
657,425
257,610
Inventories
10,469
12,673
13,055
Total Current Liabilities
1,879,162
1,961,049
1,752,989
Payables & Accruals
- -
- -
- -
ST Debt
1,309,076
1,194,350
1,239,411
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.54%
5.58%
1.46%
Free Cash Flow
126.77%
50.31%
-247.24%
Net Income, GAAP
-187.94%
-224.37%
61.25%
Sales/Revenue/Turnover
9.44%
16.48%
11.98%
Total Cash Common Dividend
- -
240.09%
218.78%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,374,588
532,347
585,081
1,078,293
3,570,310
2025
1,576,835
623,079
758,200
1,040,072
3,998,187
2026
1,434,112
653,113
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,978
-3,054
2,486
5,765.17
16,850
2025
19,840
-2,188
4,233.71
6,731.99
28,102
2026
18,681.82
898.89
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
411.9
473.57
374.13
423.08
1,571.02
2025
416.28
5,053.12
396.42
273.09
5,179.8
2026
273.17
6,430.06
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Dong-Geun Han
Full Time Employees
2,213
Sector
Utilities
Industry
Electric utilities
Address
368, Bundang-ro Seongnam-si GY South Korea 13585
IPO Date
Jan 29, 2010
Website
kdhc.co.kr
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Business
Korea District Heating Corporation, established in 1985, operates as a prominent utility in South Korea, primarily focusing on district energy solutions. The company delivers heating and cooling services to various residential, commercial, and industrial zones. Beyond these core offerings, it actively engages in the power generation sector, utilizing combined heat and power facilities and integrating diverse new and renewable energy sources, including solar, wind, biomass, and waste-derived energy. Korea District Heating Corporation also extends its expertise to encompass the monitoring, diagnostic, and maintenance aspects of heat transfer infrastructure. Additionally, it undertakes engineering and project development for district heating systems, both domestically and through international consulting endeavors. Recently, the company reported strong third-quarter results for 2025, significantly surpassing market forecasts with substantial growth in both revenue and operating profit, which positively impacted its stock performance. Recognized as a major global provider of district energy, the corporation is dedicated to enhancing energy efficiency and contributing to environmental improvement.