MemRAY BT Co. LTD.

MemRAY BT Co. LTD.

KKRX:072770
612.00
KRW
-46.00
(-6.99%)
-546.20EPS
60.19BMarket Cap
MemRAY BT Co. LTD.
KRX:072770
(Korea Stock Exchange)

Recent

price

612.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
1,141.78
1,220.36
847.99
658.75
4,267.8
3,648.98
4,400.71
3,721.46
3,157.4
3,526.92
4,689.92
4,586.5
4,428.56
3,000.07
3,739.47
2,447.98
2,177.6
Revenue per Share
-2,905.87
397.97
46.43
38.42
-59.24
16.01
82
-511.86
-142
-124
62
98
-6
-290
-424
-550
-532.89
Basic EPS, GAAP
3.63
-287.71
386.03
122.11
-95.91
-147.51
-527.49
-227.76
2.33
-2.91
439.15
338.84
-251.43
-117.64
2.15
-223.47
-239.63
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
408.64
1,058.89
1,082.96
1,365.18
1,312.13
1,309.65
1,934.31
1,425.11
1,396.95
1,272.59
1,370.91
1,912.88
2,001.13
2,035.91
1,599.37
1,097.78
1,145.69
Book Value per Share
398.04
800.47
755.68
968.07
953.92
869.49
1,675.7
1,212.13
1,293.17
964.8
1,114.68
1,757
1,854.98
1,976.76
1,557.04
1,062.47
1,110.47
Tangible Book Value per Share
6
7
7
9
10
10
14
15
17
18
18
20
25
30
35
37
38
Basic Weighted Avg Shares
7,328
8,497
5,978
5,810
42,520
36,508
60,804
56,398
55,247
63,740
83,183
90,439
109,582
89,999
130,145
89,629
83,640
Sales/Revenue/Turnover
33.37
13.46
26.07
18.47
1.63
-0.91
1.85
-12.17
1.27
2.49
1.86
2.74
2.96
-2.27
-2.17
-2.89
-3.67
Operating Margin (%)
186
679
483
588
959
283
662
646
594
730
1,059
1,127
1,126
1,473
1,866
1,935
1,750
Depreciation Expense
-18,650
2,771
327
339
-590
160
1,133
-7,757
-2,485
-2,241
1,100
1,932
-148
-8,700
-14,756
-20,137
-20,468
Net Income, GAAP
- -
6.32
7.55
- -
- -
- -
35.59
- -
- -
26.69
- -
4.74
468.36
- -
- -
- -
- -
Effective Tax Rate (%)
-254.5
32.61
5.48
5.83
-1.39
0.44
1.86
-13.75
-4.5
-3.52
1.32
2.14
-0.14
-9.67
-11.34
-22.47
-24.47
Profit Margin (%)
1,997
6,891
6,714
6,164
6,500
6,560
22,153
13,441
17,009
20,587
18,073
28,377
35,446
45,990
36,352
-5,426
-13,154
Working Capital
3,912
3,078
2,940
2,464
1,470
490
- -
- -
- -
2,497
1,325
2,012
4,138
5,197
16,182
1,109
1,031
LT Debt
2,845
10,566
10,812
14,809
14,458
13,206
29,474
21,758
25,115
25,806
27,756
52,055
57,806
73,019
58,687
47,816
49,782
Total Equity
- -
17.77
7.04
- -
- -
- -
2.52
- -
- -
3.67
- -
4.7
-15.59
- -
- -
- -
- -
Return on Invested Capital (%)
- -
12.34
4.36
- -
- -
- -
4.09
- -
- -
-10.56
- -
5.49
-8.4
- -
- -
- -
- -
Return on Capital (%)
-199.73
54.24
4.33
3.18
-4.43
1.23
5.35
-30.47
-10.64
-9.34
4.58
5.18
-0.28
-13.85
-23.32
-39.59
-39.22
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
26,952
46,436
40,972
LT Borrowings
19,720
68
68
LT Finance Leases
1,138
1,041
963
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
37
42
42
Market Capitalization
77,818
67,250
60,193

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
79,119
64,674
45,077
Cash, Cash Equivalents & STI
9,562
5,075
9,165
Accounts Receivable, Net
5,729
7,981
3,359
Inventories
21,680
16,393
18,984
Total Current Liabilities
53,839
70,100
58,231
Payables & Accruals
- -
- -
- -
ST Debt
26,952
46,436
40,972
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.95%
17.35%
-18.52%
Free Cash Flow
-2,627.78%
-2,272.72%
-11,010.88%
Net Income, GAAP
542.97%
1,166.78%
36.47%
Sales/Revenue/Turnover
12.86%
5.1%
-31.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,238
19,371
17,322
84,215
130,145
2025
15,951
22,978
18,989
31,712
89,629
2026
9,961
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-80
4
-64
-286.1
-424
2025
-42
-83.56
-53.52
-342.35
-550
2026
-43.47
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
MemRAY BT Co., Ltd. is a South Korea-based information technology solutions provider that specializes in enterprise IT infrastructure, data center architecture, systems integration, and artificial intelligence storage solutions. Founded in 1998 and headquartered in Seoul, South Korea, the company operates primarily across the domestic South Korean market while collaborating with global technology partners. MemRAY BT delivers comprehensive hardware and software solutions to enterprise clients, public sector organizations, financial institutions, and data centers. The company functions as a Titanium Tier 1 Partner of Dell Technologies, distributing, integrating, and maintaining enterprise-grade IT infrastructure. Its core product and service portfolio comprises enterprise computing hardware, including high-performance rack and tower servers, artificial intelligence computing nodes, and mission-critical server clusters; data storage systems, including all-flash arrays, hybrid enterprise storage, network-attached storage, and storage area network architectures; data protection and backup solutions, including deduplication appliances, continuous data replication software, and disaster recovery platforms; cloud and virtualization solutions, including hyper-converged infrastructure deployments, private cloud environments, and software-defined data center tools; next-generation AI storage and memory architecture platforms developed in collaboration with semiconductor and memory interface innovators; and professional IT services, including systems integration, network engineering, data migration, infrastructure optimization, 24/7 technical support, and comprehensive maintenance operations. In addition to its core IT segment, the company historically maintained diversified business interests through consolidated subsidiaries, including The Stella in fashion and apparel, Ecoland in industrial waste treatment, Yulho Materials in secondary battery recycling and green hydrogen development, and Yulho Tanzania in overseas mineral exploration. In recent major corporate developments, the company underwent a formal corporate rebranding in December 2025, changing its name from Yulho Co., Ltd. to MemRAY BT Co., Ltd. following an extraordinary general meeting of shareholders to signify its strategic repositioning toward AI computing, GPU acceleration, and specialized memory and storage interface markets. Concurrently, the company established a strategic partnership with AI storage and interface technology developer Memray to co-develop high-throughput storage solutions tailored for large-scale AI workloads and data-intensive computing environments. To improve financial stability and optimize operational focus, the company initiated a restructuring of its business portfolio to streamline non-core subsidiary assets and implemented capital structure adjustments, including a two-to-one reverse stock split in 2026.