S & W Corporation

S & W Corporation

KKRX:103230
1,530.00
KRW
-29.00
(-1.86%)
284.95EPS
12.93P/E
26.53BMarket 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
6,957.61
7,102.62
6,771.69
5,863.07
4,545.2
4,198.83
5,009.05
4,672.42
4,171.42
5,003.19
6,066.48
6,550.22
6,773.98
6,633.21
Basic EPS, GAAP
79
28
363
-149
-582
-1,419
-383
87
-178
323
482
662
504
284.95
Free Cash Flow per Basic Share
1,272.06
587.15
394.73
-46.36
-298.58
-715.01
-461.43
-490.62
-271.65
-169.67
372.94
-698.56
-1,611.72
593.83
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7,689.12
7,659.66
7,964.47
7,813.16
7,283.46
5,864.3
5,409.81
5,522.47
5,379.95
5,906.57
6,309.67
6,919.62
7,427.56
7,444.85
Tangible Book Value per Share
7,640.13
7,611.88
7,920.45
7,799.07
7,270.54
5,852.39
5,402.19
5,514.93
5,372.27
5,898.88
6,302.03
6,909.72
7,409.59
7,427.09
Basic Weighted Avg Shares
7
7
7
7
7
7
7
7
7
7
7
7
7
7
Sales/Revenue/Turnover
49,821
50,822
48,783
42,198
32,737
30,240
36,023
33,496
29,963
36,016
43,634
47,130
48,804
47,759
Operating Margin (%)
-1.54
0.14
0.22
-4.89
-14.13
-27.53
-6.13
-2.56
-1.02
6.94
7.41
7.33
1.85
2.69
Depreciation Expense
3,124
2,911
2,610
1,845
1,427
1,087
1,441
1,347
1,106
756
819
880
1,631
1,670
Net Income, GAAP
566
200
2,615
-1,072
-4,192
-10,220
-2,754
624
-1,279
2,325
3,467
4,763
3,631
2,052
Effective Tax Rate (%)
24.54
- -
20.8
- -
- -
- -
- -
- -
- -
- -
4.15
- -
- -
- -
Profit Margin (%)
1.14
0.39
5.36
-2.54
-12.8
-33.8
-7.65
1.86
-4.27
6.46
7.95
10.11
7.44
4.3
Working Capital
9,243
14,238
19,844
21,445
19,707
13,584
11,060
9,585
11,563
24,993
28,648
9,154
13,785
13,562
LT Debt
300
5,257
171
- -
- -
- -
- -
1,381
3,000
57
49
36
15,318
15,353
Total Equity
55,362
55,150
57,344
56,255
52,441
42,223
38,951
39,762
38,736
42,527
45,430
49,821
53,478
53,603
Return on Invested Capital (%)
-0.8
- -
0.14
- -
- -
- -
- -
- -
- -
- -
6.78
- -
- -
- -
Return on Capital (%)
1.28
- -
4.36
- -
- -
- -
- -
- -
- -
- -
7.65
- -
- -
- -
Return on Common Equity (%)
1.02
0.36
4.65
-1.89
-7.71
-21.59
-6.79
1.58
-3.26
5.72
7.88
10
7.03
3.91

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1,287
424
LT Borrowings
14,500
14,860
15,000
LT Finance Leases
- -
458
353
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
31,968
29,952
26,532

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
20,856
23,331
24,351
Cash, Cash Equivalents & STI
1,227
2,434
4,110
Accounts Receivable, Net
4,941
6,659
5,662
Inventories
14,512
13,901
14,505
Total Current Liabilities
8,110
9,546
10,789
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,287
424
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.28%
6.21%
7.34%
Free Cash Flow
-1.52%
-111.58%
131.02%
Net Income, GAAP
-42.61%
-104.83%
-23.77%
Sales/Revenue/Turnover
1.09%
8.47%
3.55%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,689
11,524
9,710
15,208
47,130
2025
12,539
12,034
11,642
12,590
48,804
2026
11,494
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
160
117
-61
445.06
662
2025
256
150.33
127.66
-30
504
2026
36.97
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Woo-Jin Jeong
Full Time Employees
128
Sector
Producer manufacturing
Industry
Trucks/Construction/Farm machinery
Address
Busan South Korea
IPO Date
Aug 17, 2009
Business
S&W Corporation is a South Korea-based industrial manufacturing company primarily engaged in the development, production, and distribution of precision-engineered components for marine diesel engines, power generation equipment, and heavy industrial machinery. Founded in 1967 and headquartered in Busan, South Korea, the company operates within the heavy engineering and industrial machinery sectors, supplying domestic and international shipbuilders, engine manufacturers, plant engineering firms, and energy infrastructure developers. The company structures its core operations across specialized product segments: marine diesel engine components, featuring connecting rod bolts, cylinder cover bolts, main bearing bolts, frame bolts, and tie bolts; engine valve systems, comprising intake and exhaust valve spindles, valve seat rings, and valve guides engineered for two-stroke and four-stroke marine engines; industrial high-strength fasteners, including heavy-duty stud bolts, anchor bolts, hex bolts, and specialized alloy nuts for petrochemical facilities, bridges, and offshore platforms; power generation parts, consisting of steam and gas turbine blades, diaphragm bolts, and high-temperature casing fasteners; and custom forged metal products utilizing advanced heat treatment and precision machining processes. S&W Corporation distributes its products throughout South Korea and exports to key global maritime and industrial markets across Asia, Europe, and the Americas, maintaining long-standing supply partnerships with major engine builders including HD Hyundai Heavy Industries, Hanwha Engine, and STX Engine. In recent developments, S&W Corporation has strategically broadened its product lineup to accommodate the global maritime industry's decarbonization initiatives, introducing specialized high-durability valve spindles and heat-resistant fastening solutions tailored for next-generation eco-friendly dual-fuel engines running on liquefied natural gas (LNG), methanol, and ammonia. Additionally, the company has completed operational upgrades and capacity enhancements at its Busan manufacturing facilities to scale production efficiency for large-bore marine engine parts, while expanding its precision manufacturing capabilities into the renewable energy sector through the supply of structural bolting systems and high-strength fasteners for offshore wind installations and green energy infrastructure.