e-Credible Co., Ltd.

e-Credible Co., Ltd.

KKRX:092130
13,800.00
KRW
-10.00
(-0.07%)
1,081.31EPS
13.41P/E
174.63BMarket Cap
Nov 18Next 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
1,585.28
1,668.56
2,122.73
2,614.06
2,826.27
3,092.5
3,399.33
3,563.78
3,793.75
3,912.58
3,410.89
3,742.68
4,151.95
4,239.37
Basic EPS, GAAP
495
537
647
817
905
1,040
1,134
1,084
1,156
1,300
975
1,072
1,069
1,081.31
Free Cash Flow per Basic Share
697.22
546.56
577.01
853.03
936.97
1,019.45
988.77
1,314.48
1,321.46
1,435.7
959.55
1,072.03
903.21
862.33
Dividend per Share
317.12
319.79
349.96
419.79
529.72
530.02
670.29
740.25
699.8
2,719.51
1,039.5
779.81
1,589.53
- -
Book Value per Share
2,199.1
2,416.45
2,713.53
3,110.94
3,486.43
3,996.38
4,459.89
4,803.52
5,259.84
3,840.08
3,775.55
4,067.81
3,547.12
2,756.14
Tangible Book Value per Share
2,111.2
2,320.18
2,592.11
3,014.51
3,388.87
3,863.85
4,337.75
4,549.07
5,105.44
3,744.73
3,701.66
3,946.55
3,283.73
2,407.13
Basic Weighted Avg Shares
12
12
12
12
12
12
12
12
12
12
12
12
12
12
Sales/Revenue/Turnover
19,085
20,109
25,568
31,499
34,057
37,243
40,922
42,906
45,703
47,130
41,099
45,086
50,019
51,057
Operating Margin (%)
36.81
37.83
36.96
38.53
39.45
41.14
40.87
39.33
39.89
40.92
30.76
33.18
31.22
30.66
Depreciation Expense
581
592
728
759
776
773
1,336
1,815
1,967
1,541
972
721
993
1,134
Net Income, GAAP
5,959
6,472
7,793
9,845
10,905
12,525
13,652
13,051
13,926
15,660
11,748
12,914
12,878
13,023
Effective Tax Rate (%)
21.98
22.08
22.28
22.22
22.21
22.22
22.26
24.68
24.68
22.37
16.78
21.44
22.62
21.57
Profit Margin (%)
31.22
32.18
30.48
31.25
32.02
33.63
33.36
30.42
30.47
33.23
28.58
28.64
25.75
25.51
Working Capital
20,503
22,950
26,329
31,287
35,798
41,262
45,182
49,511
56,236
39,777
38,293
41,282
32,991
22,484
LT Debt
- -
- -
- -
- -
- -
- -
46
118
55
123
68
47
26
18
Total Equity
26,485
29,103
32,681
37,467
41,989
48,131
53,713
57,852
63,347
46,248
45,471
48,991
42,720
33,194
Return on Invested Capital (%)
22.22
20.44
22.91
25.76
25.17
25.36
24.44
21.73
21.59
25.94
21.94
24.08
25.21
37.21
Return on Capital (%)
25.24
23.28
25.23
28.07
27.45
27.8
26.76
23.3
22.9
28.46
25.49
27.25
28.01
40.81
Return on Common Equity (%)
25.24
23.28
25.23
28.07
27.45
27.8
26.81
23.4
22.98
28.58
25.62
27.34
28.08
40.95

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
97
76
55
LT Borrowings
- -
- -
- -
LT Finance Leases
24
26
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
202,332
201,851
174,632

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
42,958
42,848
45,166
Cash, Cash Equivalents & STI
37,657
38,766
37,127
Accounts Receivable, Net
4,413
3,577
6,772
Inventories
- -
- -
- -
Total Current Liabilities
10,003
9,857
22,682
Payables & Accruals
- -
- -
- -
ST Debt
97
76
55
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.64%
-4.85%
-12.8%
Free Cash Flow
6.84%
-5.59%
-15.74%
Net Income, GAAP
6.04%
0.77%
-0.27%
Sales/Revenue/Turnover
7.29%
3.5%
10.94%
Total Cash Common Dividend
- -
60.05%
103.85%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,720
20,426
8,993
8,947
45,086
2025
7,747
22,006
9,719
10,546
50,019
2026
8,785
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
37
786
130
119.45
1,072
2025
47
800.11
113.45
108.73
1,069
2026
59.02
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
779.81
2025
- -
- -
- -
- -
1,589.53
2026
- -
- -
- -
- -
- -

Company Description

CEO
Min Young Chang
Full Time Employees
209
Sector
Commercial services
Industry
Financial publishing/Services
Address
Seoul South Korea
IPO Date
Oct 24, 2008
Business
e-Credible Co., Ltd. is a South Korea-based credit rating and business information service provider specializing in electronic supply chain credit appraisals, corporate risk management, technology credit bureau assessments, and ESG evaluation solutions. Founded in 2001 and headquartered in Seoul, South Korea, the company operates as a subsidiary of Korea Ratings Corporation, providing comprehensive financial, non-financial, and technology-driven corporate data services to commercial enterprises, financial institutions, and public sector organizations across South Korea and international markets. The company organizes its business operations into several core product and service categories: Electronic Supply Chain Credit Rating Services, comprising its proprietary DNA (Digital Network Analysis) and DNA Plus platforms that deliver standardized credit ratings, financial health analyses, and operational risk metrics for small and medium-sized enterprises and suppliers participating in corporate procurement networks; Public Procurement Credit Certification Services, providing statutory e-Rating reports required for public bidding, government contracts, and defense procurement qualifications; Technology Credit Bureau and Intellectual Property Evaluation Services, offering in-depth technology assessment, patent valuation, and technical viability ratings utilized by commercial banks and government bodies for tech-finance lending and research and development subsidies; Supply Chain Management and Procurement Platforms, including vendor management systems, supplier qualification screening, electronic contracting, and counterparty early warning risk monitoring platforms; ESG Evaluation and Supply Chain Due Diligence Solutions, delivering specialized ESG diagnostic models, corporate sustainability performance ratings, and compliance consulting tailored for corporate supply chains; and Global Business Information Services, offering cross-border corporate investigation reports, international credit intelligence, and global supplier risk assessments facilitated through international data network partnerships. In recent operational developments, e-Credible Co., Ltd. has expanded its digital and regulatory offerings through strategic initiatives and technological upgrades. The company has enhanced its supply chain ESG evaluation and due diligence framework to assist domestic suppliers in complying with global supply chain due diligence mandates, including European Union sustainability directives and domestic corporate ESG guidelines. Concurrently, e-Credible Co., Ltd. has expanded strategic collaborations with major South Korean financial institutions to deploy ESG-linked credit assessment models that facilitate preferential financing and green loan qualification for sustainable enterprises. Additionally, the company has integrated advanced artificial intelligence and big data analytics into its core DNA credit scoring and early warning platforms, enabling real-time financial tracking, automated risk anomaly detection, and predictive default modeling for enterprise procurement networks.