S Connect Co., Ltd.

S Connect Co., Ltd.

KKRX:096630
1,517.00
KRW
-2.00
(-0.13%)
1,372.25EPS
3.01P/E
58.36BMarket Cap
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
24,742.97
22,618
25,295.13
28,135.98
30,829.81
30,658.05
21,628.4
15,703.91
15,067.21
16,001.82
19,872.07
18,594.78
17,793.3
16,157.55
Basic EPS, GAAP
825
495
420
890
1,175
1,200
-1,035
-3,485
-1,150
330
-75
-1,655
2,285
1,237.79
Free Cash Flow per Basic Share
616.33
264.03
74.16
1,920.24
-1,556.08
323.91
-816.36
-3,605.65
-168.65
387.55
-251.68
-571.64
-118.81
711.42
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4,903.97
5,215.78
5,611.52
6,490.21
7,162.87
8,489.88
7,664.11
3,990.06
3,307.52
3,719.61
4,900.74
3,520.85
5,659.56
5,689.26
Tangible Book Value per Share
4,541.6
4,808.44
5,192.49
6,093.62
6,788.5
8,292.14
7,507.92
3,966.26
3,289.28
3,696.23
4,880.44
3,504.28
5,638.11
5,669.22
Basic Weighted Avg Shares
13
12
12
12
12
12
12
12
12
13
14
16
16
16
Sales/Revenue/Turnover
315,858
280,174
307,565
334,555
365,630
367,055
254,481
185,168
181,350
200,358
275,314
289,273
278,688
253,129
Operating Margin (%)
4.72
4.49
3.33
5.42
5.32
4.91
-5.78
-14.89
-4.94
2.91
2.89
3.61
4.76
3.57
Depreciation Expense
4,121
4,633
7,312
10,573
13,850
10,832
14,633
14,599
12,377
10,965
8,935
8,324
8,450
8,732
Net Income, GAAP
10,532
6,132
5,107
10,583
13,935
14,367
-12,178
-41,092
-13,842
4,132
-1,039
-25,746
35,789
19,392
Effective Tax Rate (%)
8.19
42.62
33.51
28.56
28.16
3.64
- -
- -
- -
55.41
- -
19.19
- -
- -
Profit Margin (%)
3.33
2.19
1.66
3.16
3.81
3.91
-4.79
-22.19
-7.63
2.06
-0.38
-8.9
12.84
7.66
Working Capital
37,274
15,324
7,853
20,065
4,859
31,002
9,826
-65
-4,873
-9,173
21,005
-4,862
12,480
10,413
LT Debt
27,710
12,000
14,957
11,183
- -
6,667
7,560
23,115
12,158
1,457
13,005
11,774
6,919
6,191
Total Equity
63,003
63,373
67,120
78,137
86,974
101,521
91,409
51,834
41,602
47,219
75,754
53,794
88,664
89,130
Return on Invested Capital (%)
13.56
5.86
6.63
12.49
10.84
12.26
- -
- -
- -
2.32
- -
6.48
- -
- -
Return on Capital (%)
12.58
6.44
5.61
9.26
11.56
11.04
- -
- -
- -
6.63
- -
-16.72
- -
- -
Return on Common Equity (%)
18.63
9.75
7.88
14.73
17.11
15.47
-12.8
-59.88
-31.7
9.49
-1.7
-39.35
49.77
24.49

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
44,675
31,398
31,336
LT Borrowings
7,148
6,447
5,799
LT Finance Leases
544
472
392
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
48,879
46,842
58,357

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
93,984
84,188
69,482
Cash, Cash Equivalents & STI
26,443
16,527
22,481
Accounts Receivable, Net
45,935
45,481
25,607
Inventories
12,298
13,658
11,571
Total Current Liabilities
99,474
71,708
59,069
Payables & Accruals
- -
- -
- -
ST Debt
44,675
31,398
31,336
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.12%
18%
64.82%
Free Cash Flow
159.51%
-106.03%
-79.07%
Net Income, GAAP
201.22%
363.5%
-239.01%
Sales/Revenue/Turnover
0.78%
9.45%
-3.66%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82,728
63,475
72,261
73,436
289,273
2025
83,368
63,276
66,845
64,896
278,688
2026
58,112
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
360
-855
-560
-586.4
-1,655
2025
915
-258.67
231.57
1,399.23
2,285
2026
-134.34
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Chi-Won Kim
Full Time Employees
63
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Gwangju-si South Korea
IPO Date
Dec 26, 2007
Business
S Connect Co., Ltd. is a South Korea-based precision manufacturing company primarily engaged in the development, fabrication, and distribution of precision metal components for consumer electronics and secondary batteries. Founded in 1998 and headquartered in Gwangju-si, Gyeonggi-do, South Korea, the company operates across specialized engineering and manufacturing divisions catering to global consumer technology original equipment manufacturers and energy storage cell producers. The company's core product and service portfolio comprises precision metal mobile device components, including external metal casings, internal chassis brackets, camera rings, and structural housings for smartphones, tablet computers, smartwatches, and notebook PCs; specialized mechanical hinge assemblies engineered for foldable smartphones and multi-fold mobile form factors; precision metal stamping, mold tooling, and surface treatment processing services for consumer electronic devices; and secondary battery safety and connection components, including current interrupt devices (CID), cap assemblies, and precision metal casings for high-performance cylindrical lithium-ion battery cells. In recent strategic developments, S Connect Co., Ltd. has expanded its operational footprint into the high-growth artificial intelligence infrastructure and advanced energy storage sectors, establishing a dedicated manufacturing subsidiary in Malaysia and securing official Tier-1 primary supplier status with Samsung SDI's Malaysian production hub to supply critical metal components for high-output cylindrical cells used in AI data center battery backup units (BBUs). In addition, the company has executed corporate and portfolio reorganizations, including the deconsolidation and operational separation of its former lithium primary battery subsidiary, Aricell Co., Ltd., and the restructuring of legacy overseas production facilities across China and Vietnam to reallocate capital and engineering resources toward high-margin foldable hinge mechanisms and next-generation secondary battery technologies.