NC& Co., Ltd.

NC& Co., Ltd.

KKRX:092600
1,746.00
KRW
+45.00
(+2.65%)
1,579.88EPS
1.58P/E
21.72BMarket 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
11,172.85
10,885.27
19,222.74
19,339.64
16,282.91
17,878.49
24,085.77
21,221.05
26,609.87
19,227.41
12,595.61
18,309.17
20,931.45
18,860.34
Basic EPS, GAAP
-5,666.52
-578.79
2,578.27
339.99
-2,525.65
-4,500.84
-1,815
-3,850
-4,145
-4,575
-3,715
-3,815
2,545
2,798.18
Free Cash Flow per Basic Share
-751.16
-116.89
1,768.35
-1,224.75
-3,214.17
-4,033.1
-5,166.96
-2,894.86
-9,560.16
-4,631.44
-2,587.15
-4,625.23
-5,572.27
-4,180.32
Dividend per Share
233.06
- -
- -
200.73
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
14,762.25
14,269.34
16,845.29
16,930.78
14,509.68
9,975.27
10,141.66
6,420.27
12,920.2
11,304.57
7,556.88
3,651.46
7,974.75
7,696.39
Tangible Book Value per Share
14,208.91
13,866.1
15,612.84
15,379.42
13,228.57
8,578.99
9,279.63
6,032.73
12,594.57
10,961.73
6,644.83
3,016.21
7,776.28
7,503.22
Basic Weighted Avg Shares
3
3
3
3
3
3
3
4
4
5
5
5
5
5
Sales/Revenue/Turnover
36,694
35,867
63,185
64,056
53,399
58,778
78,474
87,796
114,680
92,594
61,682
89,701
102,559
92,376
Operating Margin (%)
-32.53
-7.51
12.57
-2.01
-20.36
-28
-14.75
-13.55
-13.34
-34.66
-57.84
-29.92
-17.14
-13.52
Depreciation Expense
1,149
673
591
570
556
949
2,005
2,248
2,653
3,039
4,514
6,696
7,407
6,241
Net Income, GAAP
-18,610
-1,907
8,475
1,126
-8,283
-14,797
-5,913
-15,928
-17,864
-22,032
-18,193
-18,691
12,470
13,705
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
21.5
- -
Profit Margin (%)
-50.72
-5.32
13.41
1.76
-15.51
-25.17
-7.54
-18.14
-15.58
-23.79
-29.49
-20.84
12.16
14.84
Working Capital
33,042
31,236
36,354
42,925
33,340
25,986
22,099
50,856
57,665
64,981
64,532
8,032
2,466
2,214
LT Debt
- -
- -
392
1,336
1,422
9,602
4,731
14,831
9,237
7,827
28,403
7,688
2,453
2,277
Total Equity
48,498
46,879
55,583
55,923
48,118
32,832
41,232
24,332
72,571
74,108
55,058
23,166
39,064
37,687
Return on Invested Capital (%)
- -
- -
14.19
-2.14
- -
- -
- -
- -
- -
- -
- -
- -
-22.21
-21.47
Return on Capital (%)
- -
- -
15.42
2.56
- -
- -
- -
- -
- -
- -
- -
- -
40.78
39.44
Return on Common Equity (%)
-32.05
-4
16.58
2.03
-16.05
-36.68
-15.64
-45.91
-40.52
-37.78
-39.39
-68.09
43.8
51.74

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
29,263
10,767
10,877
LT Borrowings
- -
- -
- -
LT Finance Leases
3,058
2,453
2,277
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
13,200
13,812
21,722

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
46,549
21,241
20,738
Cash, Cash Equivalents & STI
16,248
3,923
1,598
Accounts Receivable, Net
5,665
3,315
4,741
Inventories
18,193
11,104
11,924
Total Current Liabilities
57,987
18,775
18,524
Payables & Accruals
- -
- -
- -
ST Debt
29,263
10,767
10,877
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.48%
37.07%
68.63%
Free Cash Flow
26.82%
50.86%
20.49%
Net Income, GAAP
-88.02%
-29.19%
-166.72%
Sales/Revenue/Turnover
7.79%
7.55%
14.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18,222
23,700
23,843
23,937
89,701
2025
26,401
24,508
24,506
27,144
102,559
2026
16,217
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-945
-1,210
-770
-890.08
-3,815
2025
-530
-897.87
-781.36
4,755.76
2,545
2026
-278.36
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jong-Hyun Choi
Full Time Employees
140
Sector
Electronic technology
Industry
Semiconductors
Address
Seongnam-si South Korea
IPO Date
Jun 26, 2007
Website
nc-and.com
Business
NC& Co., Ltd. is a South Korea-based automotive electronics and vision technology company primarily engaged in the development, manufacturing, and distribution of in-vehicle camera systems, dashboard cameras, and intelligent driving safety solutions for consumer, commercial, and original equipment manufacturer (OEM) markets. The company operates through specialized business divisions dedicated to automotive black box recording devices, artificial intelligence (AI)-powered commercial fleet safety systems, image signal processing (ISP) engineering, and custom original design manufacturing (ODM) services. Its primary product and service offerings comprise high-definition and 4K ultra-high-definition (UHD) automotive dashcams marketed under its proprietary VUEROID brand; cloud-connected fleet management video telematics systems; advanced driver-assistance system (ADAS)-integrated dashcams featuring lane departure warning, forward collision mitigation, and front vehicle departure notification; commercial vehicle blind-spot accident prevention systems engineered for heavy trucks, buses, and industrial machinery; multi-channel surround-view monitoring architectures, including the Stitch 360 multi-camera platform; exterior waterproof rear-view and side-view cameras such as the TIO Rear Cam; radar-integrated surveillance sensor modules for power-efficient motion detection during vehicle parking; and proprietary image signal processor tuning, optical calibration, firmware customization, and turnkey ODM/OEM contract manufacturing services. NC& Co., Ltd. serves individual motorists, fleet operators, automotive manufacturers, Tier-1 suppliers, and aftermarket electronic distributors across South Korea, Japan, North America, Europe, and the Asia-Pacific region. Founded on May 13, 1997, and formerly known as NEXTCHIP Co., Ltd. prior to its corporate rebranding in January 2019, the company is headquartered in Seongnam-si, Gyeonggi-do, South Korea, and trades on the KOSDAQ market under the ticker symbol 092600. In recent operational and structural developments, NC& has restructured its business portfolio to emphasize high-margin proprietary VUEROID models and accelerated its export footprint through expanded ODM supply arrangements in Japan. In 2026, enterprise artificial intelligence and data management firm B2En Co., Ltd. moved to acquire management control of NC& through a strategic third-party allotment equity investment, creating operational synergies that combine enterprise AI analytics with NC&'s mobility imaging hardware and vision ecosystem. Concurrently, to optimize its balance sheet and streamline focus on core automotive vision technologies, NC& finalized the divestment and management transfer of its non-core healthcare subsidiary, NC-BIT Co., Ltd., in mid-2026, while adjusting its equity relationship with automotive semiconductor affiliate Nextchip Co., Ltd. (KRX: 396270) to an equity-method investment structure.