Namhwa Industrial Co., Ltd.

Namhwa Industrial Co., Ltd.

KKRX:111710
2,990.00
KRW
0.00
(0.00%)
322.05EPS
16.92P/E
112.20BMarket Cap
Nov 06Next Earn
Namhwa Industrial Co., Ltd.
KRX:111710
(Korea Stock Exchange)

Recent

price

2,990.00

P/E

ratio

16.92

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
36,891.55
811.99
753.08
730.83
860.21
1,257.27
1,478.78
1,198.91
1,005.55
814.43
768.71
Revenue per Share
20,255
488
236
150
321
667
1,003
858
531
324
322.05
Basic EPS, GAAP
11,957.22
322.95
239.11
215.78
381.4
686.36
721.43
343.14
452.14
300.43
243.85
Free Cash Flow per Basic Share
- -
- -
97.99
40.1
49.99
99.97
200.06
300.15
199.99
199.96
- -
Dividend per Share
5,298.48
5,715.96
6,443.65
6,555.87
6,818.93
7,376.86
8,185.21
8,729.5
9,049.18
9,174.9
9,142
Book Value per Share
5,298.48
5,715.96
6,443.65
6,555.87
6,818.93
7,376.86
8,185.21
8,729.5
9,049.18
9,174.9
9,142
Tangible Book Value per Share
- -
18
18
21
21
21
21
21
21
21
21
Basic Weighted Avg Shares
12,912
14,214
13,449
15,007
17,714
25,893
30,436
24,671
20,703
16,771
15,818
Sales/Revenue/Turnover
25.6
30.8
27.76
36.95
42.06
53.41
58.23
47.81
38.69
24.41
18.6
Operating Margin (%)
1,147
1,147
1,166
1,191
1,192
1,233
1,262
1,225
1,190
1,113
1,021
Depreciation Expense
7,089
8,543
4,215
3,080
6,610
13,737
20,643
17,656
10,933
6,672
6,627
Net Income, GAAP
22.62
20.94
15.26
25.2
21.18
21.43
15.12
17.45
19.19
21.94
21.3
Effective Tax Rate (%)
54.9
60.1
31.34
20.52
37.32
53.05
67.83
71.57
52.81
39.78
41.89
Profit Margin (%)
4,176
8,831
19,932
24,548
33,202
41,416
54,918
55,871
48,079
40,501
44,114
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
109,085
117,680
132,662
134,972
140,388
151,875
168,517
179,723
186,304
188,893
188,215
Total Equity
- -
3.02
2.5
3.07
4.21
7.3
9.18
5.5
3.51
1.69
1.23
Return on Invested Capital (%)
- -
7.52
3.37
2.3
4.8
9.4
12.89
10.14
5.97
3.56
3.55
Return on Capital (%)
- -
7.53
3.37
2.3
4.8
9.4
12.89
10.14
5.97
3.56
3.55
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
21
21
21
Market Capitalization
91,205
81,426
112,205

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
41,717
43,568
46,697
Cash, Cash Equivalents & STI
41,395
41,396
46,190
Accounts Receivable, Net
- -
- -
- -
Inventories
15
12
10
Total Current Liabilities
1,217
4,936
2,583
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
6.17%
1.39%
Free Cash Flow
- -
6.17%
-33.54%
Net Income, GAAP
- -
13.31%
-38.97%
Sales/Revenue/Turnover
- -
1.94%
-18.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,057
7,468
4,138
6,040
20,703
2025
2,176
6,257
2,786
5,551
16,771
2026
1,988
5,493
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
52
211
98
170.28
531
2025
-12
149
47.34
140.5
324
2026
-8.67
143
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
199.99
2025
- -
- -
- -
- -
199.96
2026
- -
- -
- -
- -
- -
Business
Namhwa Industrial Co., Ltd. is a South Korea-based leisure and recreation company primarily engaged in the ownership, development, and operation of public golf courses and integrated hospitality facilities. Founded in February 1990 and headquartered in Muan-gun, Jeollanam-do, South Korea, the company is recognized as the operator of Muan Country Club (Muan CC), one of the largest public golf complexes in South Korea comprising 54 championship-standard holes configured into the East, West, and South courses. The company delivers an integrated suite of recreational and leisure services, which includes golf course access and green fee ticketing; motorized golf cart rentals; driving range and practice facility management; on-site lodging and hospitality services through its residential-style golftel; food and beverage catering via clubhouse dining rooms, banquet facilities, and midway tee houses; and pro shop retail operations for golf apparel, equipment, and related sporting accessories. Namhwa Industrial serves individual recreational golfers, regional club memberships, corporate outings, and amateur and professional tournament events across the Gwangju and South Jeolla metropolitan areas. In recent developments, the company has advanced strategic initiatives to expand its hospitality footprint into a full-scale destination resort by planning luxury villa-style golftels and premium residential accommodation units on adjacent properties, aimed at capturing increased extended-stay leisure traffic in anticipation of the Honam High-Speed Railway KTX Muan International Airport Station connectivity. In addition, the company has pursued course turf enhancements, fairway renovations, and clubhouse modernization projects while optimizing booking and operational management systems to respond to shifting domestic golf demand and preserve utilization rates.