Corentec Co., Ltd.

Corentec Co., Ltd.

KKRX:104540
4,990.00
KRW
+160.00
(+3.31%)
373.85EPS
15.74P/E
72.88BMarket 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
3,281.26
3,226.43
3,425.07
4,012.35
3,810.89
3,361.56
3,945.8
3,807.29
3,809
5,239.41
7,285.9
6,688.84
7,845.74
8,007.12
Basic EPS, GAAP
419
-178
-97
52
-796
-2,995
246
148
65.2
146
321
-202
489
362.24
Free Cash Flow per Basic Share
-523.36
-944.38
-757.34
-1,004.55
-1,735.98
-212.36
-38.06
-991.69
-382.42
320.04
-727.69
-995.42
1,786.07
1,776.37
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
72.79
33.84
- -
Book Value per Share
5,409.43
5,694.67
5,870.21
6,144.99
5,417.84
2,423.83
2,827.8
3,991.63
4,787.52
5,324.31
5,782.28
5,629.45
6,128.08
6,222.98
Tangible Book Value per Share
4,516.11
4,703.27
4,847.55
5,178.48
4,146.7
2,272.17
2,743.06
3,920.35
4,719.79
4,528.08
4,509.78
4,550.41
5,442.36
5,542.52
Basic Weighted Avg Shares
8
8
9
9
10
10
10
11
12
12
13
13
13
13
Sales/Revenue/Turnover
26,219
26,583
30,347
35,974
37,634
33,406
40,189
40,496
44,630
63,909
92,046
85,594
100,429
102,377
Operating Margin (%)
6.44
-0.75
3.2
4.62
-1.64
-15.6
8.17
9.85
8.47
9.15
7.66
3.94
9.26
8.93
Depreciation Expense
2,860
3,326
4,040
4,566
5,519
6,069
3,058
2,798
3,308
3,854
4,980
6,065
5,425
5,184
Net Income, GAAP
3,348
-1,467
-859
466
-7,861
-29,763
2,506
1,574
764
1,781
4,055
-2,585
6,259
4,632
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
23.47
62.84
- -
24.34
- -
3.02
20.33
Profit Margin (%)
12.77
-5.52
-2.83
1.3
-20.89
-89.1
6.23
3.89
1.71
2.79
4.41
-3.02
6.23
4.52
Working Capital
31,809
26,590
28,136
45,417
32,103
26,696
8,968
37,124
62,717
47,991
22,057
29,016
42,298
43,334
LT Debt
7,458
5,575
187
17,545
23,682
23,904
802
14,120
27,170
17,836
1,589
5,006
4,656
4,391
Total Equity
44,484
48,304
56,267
60,185
53,838
24,086
29,939
46,406
56,635
75,254
86,121
84,452
89,165
90,377
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
5.11
1.64
- -
4.39
- -
7.01
5.61
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
3.72
1.72
- -
4.76
- -
7.32
4.95
Return on Common Equity (%)
10.38
-3.16
-1.64
0.8
-13.79
-76.39
9.28
4.12
1.48
2.91
5.81
-3.55
8.33
6

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
37,570
24,802
24,800
LT Borrowings
4,874
4,508
4,215
LT Finance Leases
246
147
175
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
13
13
Market Capitalization
68,787
85,664
72,879

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
114,993
111,930
100,451
Cash, Cash Equivalents & STI
31,262
20,682
22,592
Accounts Receivable, Net
35,588
42,102
40,583
Inventories
35,923
32,643
32,101
Total Current Liabilities
76,560
69,632
57,116
Payables & Accruals
- -
- -
- -
ST Debt
37,570
24,802
24,800
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.35%
14.6%
5.58%
Free Cash Flow
175.49%
-164.21%
-279.48%
Net Income, GAAP
-210.38%
-59.3%
-342.15%
Sales/Revenue/Turnover
14.07%
21.55%
17.33%
Total Cash Common Dividend
- -
- -
-53.5%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19,043
20,507
19,799
28,105
85,594
2025
22,627
23,419
25,772
28,610
100,429
2026
24,576
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-23
-142
-70
2.9
-202
2025
227
-78.29
89.38
251.17
489
2026
99.99
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
70.46
- -
- -
- -
72.79
2025
- -
- -
- -
- -
33.84
2026
- -
- -
- -
- -
- -

Company Description

CEO
Bon-Cheol Koo
Full Time Employees
181
Sector
Health technology
Industry
Medical specialties
Address
Cheonan South Korea
IPO Date
Mar 5, 2013
Business
Corentec Co., Ltd. is a South Korea-based medical device company primarily engaged in the research, development, manufacturing, and commercialization of orthopedic implants, surgical instruments, and advanced biomedical solutions. Founded in 2000 and headquartered in Cheonan, South Korea, the company specializes in joint reconstruction and musculoskeletal therapeutics. Corentec operates across multiple specialized product categories: artificial hip joint systems, including cementless and cemented femoral stems, acetabular cups, modular liners, and ceramic or metallic heads marketed under the BENCOX and Mirabo brand series; artificial knee joint systems, comprising primary, revision, and mobile-bearing total knee arthroplasty implants marketed under the LOSPA and EXULT brand lines; artificial shoulder joint replacement prostheses; spinal fusion devices and posterior fixation systems; orthobiologics, including bone graft substitutes, orthopedic bone cements, and biomaterial coatings; and specialized orthopedic surgical instrument sets, patient-specific cutting guides, and custom 3D-printed titanium implants. The company serves hospitals, surgical centers, and healthcare providers globally, maintaining international operations and commercial subsidiaries, including Corentec America, Inc. in the United States, with distribution networks spanning North America, Europe, the Asia-Pacific region, and Latin America. In recent developments, Corentec has accelerated its international market expansion by securing broadened regulatory approvals and commercializing upgraded total knee and hip replacement systems in the United States and global territories. The company has also formed strategic collaborations to integrate digital orthopedics and robotic-assisted surgical navigation technologies with its implant platforms, expanded its metal 3D-printing manufacturing infrastructure for custom implants, and reinforced its distribution partnerships to scale adoption across major hospital networks worldwide.