KSP Co., Ltd.

KSP Co., Ltd.

KKRX:073010
2,530.00
KRW
-60.00
(-2.32%)
174.79EPS
18.63P/E
130.83BMarket Cap
KSP Co., Ltd.
KRX:073010
(Korea Stock Exchange)

Recent

price

2,530.00

P/E

ratio

18.63

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
19,189.16
21,922.35
18,690.13
14,488.04
14,158.24
15,383.35
10,006.72
8,774.32
2,721.4
811.31
1,092.43
1,204.45
1,740.69
2,229.5
2,158.01
2,388.68
2,465.93
Revenue per Share
1,284.92
2,520.16
151.57
609.74
-327.26
-964.55
-22,987.4
-1,848.19
-1,685.46
45.32
34.48
62.07
108.37
348.77
387
164
175.28
Basic EPS, GAAP
5,449.42
-5,304.13
462.43
417.48
706.33
-95.08
607.17
632.39
26.8
-72.38
131.57
15.82
-162.24
13.97
4.21
-576.48
-536.92
Free Cash Flow per Basic Share
- -
- -
387.19
- -
- -
- -
0.94
- -
- -
- -
- -
- -
- -
- -
9.13
15.03
- -
Dividend per Share
22,690
25,966.7
26,211.09
26,864.31
26,489.9
25,531.84
3,712.77
3,994.41
577.67
622.05
654.73
715.6
929.53
1,263.55
1,781.63
2,073.91
2,115.95
Book Value per Share
21,919.34
25,159.81
25,274.55
25,868.23
25,470.98
24,660.65
3,235.12
3,864.26
577.2
621.33
654.23
715.26
929.33
1,263.38
1,781.19
2,064.02
2,106.02
Tangible Book Value per Share
2
3
3
3
3
3
3
2
6
36
36
36
37
37
40
40
40
Basic Weighted Avg Shares
36,053
60,100
50,060
38,018
36,901
40,287
26,193
17,799
16,783
29,381
39,438
43,827
63,669
81,627
85,265
95,533
98,808
Sales/Revenue/Turnover
10.95
13.13
1.79
1.03
-2.98
-4.24
-35.36
-21.19
-15.73
6.25
5.38
4.61
5.47
14.5
16.2
12.43
13.25
Operating Margin (%)
2,016
1,857
1,957
2,028
2,172
1,986
1,743
1,535
1,335
790
911
913
883
996
1,170
2,181
2,411
Depreciation Expense
2,414
6,909
406
1,600
-853
-2,526
-60,171
-3,749
-10,395
1,641
1,245
2,259
3,964
12,769
15,291
6,559
7,023
Net Income, GAAP
21
15.1
72.24
- -
- -
- -
- -
- -
- -
0.28
1.09
0.37
- -
- -
- -
20.13
19.43
Effective Tax Rate (%)
6.7
11.5
0.81
4.21
-2.31
-6.27
-229.72
-21.06
-61.93
5.59
3.16
5.15
6.23
15.64
17.93
6.87
7.11
Profit Margin (%)
43,688
48,529
44,844
39,413
39,984
33,359
-20,858
9,723
14,567
2,764
3,975
6,601
8,534
16,233
26,507
18,366
20,626
Working Capital
- -
97
322
322
24,719
23,332
200
- -
14,500
1,509
1,572
1,500
145
83
4,000
11,697
12,050
LT Debt
62,205
71,188
68,613
70,323
69,343
66,835
9,719
8,249
21,149
22,774
23,971
26,199
34,031
46,260
71,389
83,100
84,785
Total Equity
6.65
10.19
0.35
- -
- -
- -
- -
- -
- -
4.86
5.2
4.78
- -
- -
- -
8.08
8.59
Return on Invested Capital (%)
8.86
10.64
0.71
- -
- -
- -
- -
- -
- -
5.51
4.29
6.45
- -
- -
- -
7.01
7.28
Return on Capital (%)
5.55
10.36
0.58
2.3
-1.22
-3.71
-157.2
-41.73
-70.71
7.47
5.33
9
13.16
31.81
25.99
8.49
8.93
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
33,872
33,846
33,958
LT Borrowings
11,350
11,681
12,037
LT Finance Leases
19
17
14
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
241,218
168,291
130,827

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
80,166
60,820
65,491
Cash, Cash Equivalents & STI
40,044
17,009
18,900
Accounts Receivable, Net
9,916
13,658
13,556
Inventories
27,188
28,540
31,788
Total Current Liabilities
41,035
42,454
44,865
Payables & Accruals
- -
- -
- -
ST Debt
33,872
33,846
33,958
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21.46%
29.17%
16.41%
Free Cash Flow
-1,818.15%
-3,073.95%
-13,974.7%
Net Income, GAAP
256.73%
68.34%
-57.1%
Sales/Revenue/Turnover
13.77%
20.22%
12.04%
Total Cash Common Dividend
- -
- -
66.63%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
21,390
20,562
19,049
24,265
85,265
2025
21,745
23,669
24,219
25,899
95,533
2026
25,021
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
101
97
64
124.13
387
2025
51
51.59
49.07
12.53
164
2026
62.1
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
9.13
2025
- -
- -
- -
- -
15.03
2026
- -
- -
- -
- -
- -
Business
KSP Co., Ltd. (KRX:073010) is a South Korea-based specialized engineering and manufacturing company primarily engaged in the production of critical components for marine and stationary diesel and gas engines, precision die forgings, and advanced friction welding solutions. Founded in 1991 as Special Welding Co. and headquartered in Busan, South Korea, the company operates as an affiliate of Kumkang Kind Co., Ltd. following its acquisition in 2018. KSP Co., Ltd. specializes in high-temperature, wear-resistant metallurgical components and holds manufacturing approvals and design certifications from major global marine engine licensors, including MAN Energy Solutions, WinGD (Winterthur Gas & Diesel), and HD Hyundai Heavy Industries. The company operates through three core business divisions: the Engine Valve Division, the Die Forging Division, and the Friction Welding and Surface Engineering Division. Its primary product and service offerings comprise: marine and stationary engine exhaust valve spindles for two-stroke low-speed and four-stroke medium-speed diesel and dual-fuel engines; valve seat rings and valve spindles manufactured from heat-resistant alloys and superalloys such as Nimonic; precision closed-die forged products, including industrial ring gears, flanges, connecting rods, cylinder covers, piston crowns, turbine shafts, and heavy machinery forging parts; friction welding services specializing in the solid-state bonding of dissimilar metals, including high-temperature alloy heads joined to structural steel stems for large-diameter valve spindles; and automated hardfacing, plasma transferred arc (PTA) overlay cladding, and comprehensive valve reconditioning and repair services. The company utilizes proprietary electrical upsetting pre-forming technologies, automated computer numerical control (CNC) machining lines, and in-house heat treatment processes to deliver components compliant with international classification standards including ABS, BV, DNV, KR, LR, NK, and RINA. KSP Co., Ltd. serves tier-one marine engine builders, shipbuilding conglomerates, power generation equipment providers, and industrial machinery manufacturers. Its primary geographic footprint encompasses manufacturing and technology facilities in Busan, South Korea, with extensive commercial operations and export networks spanning South Korea, China, Japan, Southeast Asia, Europe, and North America. Key corporate clients include HD Hyundai Heavy Industries, Hanwha Engine, STX Engine, and prominent state-owned and private engine builders across the Asia-Pacific region. In recent developments, KSP Co., Ltd. has expanded its production capacity and technological footprint through major facility relocation and manufacturing infrastructure investments in Busan to address surging global shipbuilding demand and high-margin eco-friendly dual-fuel engine orders. The company achieved historic operational milestones, with its total order backlog surpassing KRW 115 billion and quarterly revenues exceeding KRW 30 billion. Strategically diversifying beyond marine propulsion, KSP Co., Ltd. has expanded into medium-speed engine components for land-based distributed power generation, driven by backup power infrastructure demand from AI data centers. Furthermore, the company was selected as the lead research institution for a KRW 27 billion national research and development initiative focused on developing high-performance structural components and next-generation advanced materials for the defense, aerospace, and energy sectors.