1. South Korea Stocks

  2. •

    Electronic technology

  3. •

    Computer communications
Thinkware Systems Corporation

Thinkware Systems Corporation

KKRX:084730
6,250.00
KRW
-220.00
(-3.40%)
-2,206.20EPS
84.40BMarket Cap
Nov 12Next 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
27,754.64
24,902.85
20,964.64
21,141.97
21,059.55
20,065.5
18,814.16
20,398.42
23,265.49
34,622.82
39,080.32
45,516.96
51,904.66
47,375.61
Basic EPS, GAAP
-425.44
148.95
126.56
253.12
302.77
253.12
418.62
877.16
672.72
344.63
1,448.63
1,015.4
-2,461
-2,513.5
Free Cash Flow per Basic Share
-5,569.89
1,021.76
2,177.87
1,419.55
-1,068.82
310.97
1,537.12
1,018.43
-3,180.48
-3,887.31
4,800.35
1,261.21
-4,787.35
-1,081.66
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
60.7
106.73
- -
Book Value per Share
15,956.94
16,108.89
14,643.73
14,743.79
14,849.85
15,006.91
15,351.09
16,206.83
16,910.85
16,823.62
18,173.85
19,406.57
18,373.66
17,818.77
Tangible Book Value per Share
12,606.52
13,013.98
11,549.95
12,102.78
12,707.81
13,204.57
13,586.53
14,568.55
15,399.62
15,772.77
17,155.74
18,771.03
17,720.41
17,046.66
Basic Weighted Avg Shares
6
6
7
9
9
10
10
10
10
10
11
11
10
11
Sales/Revenue/Turnover
177,427
159,488
151,259
185,039
197,921
194,444
182,221
197,566
225,387
336,709
420,619
489,824
536,586
513,760
Operating Margin (%)
0.79
2.76
2.05
2.96
3.56
3.97
4.3
6.32
5.55
1.33
8.43
5.44
2.96
2.12
Depreciation Expense
9,200
8,211
8,189
8,994
8,300
8,049
9,836
9,575
9,723
9,977
8,436
7,762
4,372
4,608
Net Income, GAAP
-2,720
954
913
2,215
2,845
2,453
4,054
8,496
6,517
3,352
15,591
10,927
-25,442
-27,257
Effective Tax Rate (%)
- -
65.02
39.89
24.86
51.24
36.84
20.39
23.13
30.79
46.7
20.87
24.14
- -
- -
Profit Margin (%)
-1.53
0.6
0.6
1.2
1.44
1.26
2.23
4.3
2.89
1
3.71
2.23
-4.74
-5.31
Working Capital
68,279
64,180
60,649
70,207
74,441
71,910
72,260
73,243
74,694
98,240
98,770
109,219
112,242
112,106
LT Debt
40,198
32,568
17,846
18,068
17,053
11,624
8,126
5,306
3,013
19,095
9,550
7,028
5,590
11,781
Total Equity
102,079
103,051
124,635
135,131
144,155
145,389
149,175
157,689
164,891
184,569
209,290
229,928
217,265
210,094
Return on Invested Capital (%)
- -
0.94
1.14
2.49
2.07
2.99
3.81
5.53
4.7
1.03
9.76
6.54
- -
- -
Return on Capital (%)
- -
1.16
1.38
1.88
2.18
2.02
2.78
4.94
3.88
2.4
4.27
2.83
- -
- -
Return on Common Equity (%)
-2.65
0.93
0.8
1.71
2.05
1.7
2.76
5.56
4.06
1.94
8.28
5.4
-12.75
-13.71

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
82,288
85,132
101,160
LT Borrowings
4,375
3,500
10,000
LT Finance Leases
1,683
2,090
1,781
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
10
10
Market Capitalization
89,631
80,368
84,402

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
266,846
257,334
290,877
Cash, Cash Equivalents & STI
67,534
49,324
72,425
Accounts Receivable, Net
73,245
74,943
62,536
Inventories
91,191
92,613
116,628
Total Current Liabilities
156,425
145,092
178,770
Payables & Accruals
- -
- -
- -
ST Debt
82,288
85,132
101,160
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.85%
6.85%
-5.51%
Free Cash Flow
-113.62%
-232.94%
-464.65%
Net Income, GAAP
26.27%
-13.88%
-332.83%
Sales/Revenue/Turnover
14.41%
22.88%
9.55%
Total Cash Common Dividend
- -
- -
68.92%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
96,292
126,827
131,584
134,432
489,824
2025
142,663
138,442
131,968
123,684
536,586
2026
119,665
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
295.96
806.09
127.53
-186.17
1,015.4
2025
-176.21
50.42
82.93
-2,105.98
-2,461
2026
-359.25
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.01
- -
60.7
2025
- -
- -
- -
- -
106.73
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Heung-Bok Lee
Full Time Employees
263
Sector
Electronic technology
Industry
Computer communications
Address
Seongnam-si South Korea
IPO Date
May 19, 2006
Website
thinkware.co.kr
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Business
Thinkware Systems Corporation, also known as Thinkware Corporation, is a South Korea-based technology company specializing in automotive electronics, smart car information technology solutions, and location-based services. Founded in 1997 and headquartered in Seongnam-si, Gyeonggi-do, South Korea, the company operates across domestic and international markets spanning North America, Europe, Asia, and Oceania. Thinkware is an affiliate of UBIVELOX Inc. and manages a global network of subsidiaries including iNavi Systems Corporation, iNavi Mobility Inc., Thinkware Systems USA Inc., THINKWARE JAPAN Co., Ltd., THINKWARE AUTO GmbH, THINKWARE VIET NAM CO., LTD., and Thinkware Automotive Corporation. The company operates through three primary business segments: Smart Car IT and Automotive Electronics, Location-Based Services and Digital Mapping, and Consumer and Lifestyle Products. Thinkware's core products and services include premium automotive dashboard cameras marketed globally under the Thinkware Dash Cam brand and domestically under the iNavi brand, incorporating 4K ultra-high-definition imaging, Sony STARVIS sensors, dual radar parking surveillance, night vision, and Advanced Driver Assistance Systems; the THINKWARE CONNECTED telematics and cloud platform, which delivers real-time vehicle monitoring, remote live view, crash detection alerts, and driving analytics; vehicle navigation hardware and 3D digital mapping software; commercial fleet management solutions and multi-channel vehicle surveillance systems designed for logistics, public transit, and rideshare vehicles; environmental and lifestyle appliances marketed under the Blue Vent brand, comprising portable air purifiers, ultrasonic humidifiers, and handheld gimbal cameras; and consumer electronics distribution and after-sales service operations covering mobile devices and smart robot vacuum cleaners. In recent developments, Thinkware has expanded its international corporate footprint by establishing THINKWARE AUTO GmbH in Germany and THINKWARE VIET NAM CO., LTD. to accelerate automotive Tier-1 supplier integrations and retail growth across Europe and Southeast Asia. The company has also reinforced its original equipment manufacturer supply relationships with major automotive manufacturers such as Mercedes-Benz, BMW, Volvo, Ford, GM, and KG Mobility for custom in-vehicle camera systems. Furthermore, Thinkware has launched next-generation radar-integrated and artificial-intelligence-enabled dashboard cameras featuring ultra-low-power parking surveillance, while its subsidiary iNavi Systems Corporation continues to advance its proprietary location-based service platforms, taxi-hailing solutions, and high-precision digital mapping frameworks tailored for Level 4 autonomous vehicle navigation.