KANGWON ENERGY Co., Ltd.

KANGWON ENERGY Co., Ltd.

KKRX:114190
7,410.00
KRW
-300.00
(-3.89%)
-340.74EPS
407.78BMarket 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
4,171.99
3,666.78
2,850.33
2,752.62
5,374.57
5,647.31
2,693.57
2,121.42
2,183.18
2,726.24
5,319.97
8,692.28
8,123.45
8,072.43
Basic EPS, GAAP
323
80
6
-69
-407
130
-2,101
-684.69
286.51
132
168
40
-234
-282.95
Free Cash Flow per Basic Share
1,331.94
-1,528.51
343.47
-1,180.11
-321.83
-676.12
58.18
-277.67
-247.53
-693.37
-1,289.07
-282.42
1,172.7
1,471.87
Dividend per Share
52.16
27.07
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3,621.84
3,505.36
3,546.34
3,452.51
3,023.21
3,141.98
1,193.72
941.63
1,094.57
1,237.14
1,493.69
1,549.86
1,320.85
1,285.48
Tangible Book Value per Share
3,548.53
3,385.56
3,442.09
3,360.67
2,966.54
3,091.21
1,156.18
932.39
1,090.38
1,166.33
1,420.03
1,482.97
1,262.03
1,228.44
Basic Weighted Avg Shares
12
14
16
15
15
15
16
18
20
26
26
26
26
26
Sales/Revenue/Turnover
50,661
51,481
46,189
42,287
82,035
85,905
42,550
38,345
44,163
71,380
139,211
224,422
212,252
210,877
Operating Margin (%)
6.38
3.16
0.97
-3.1
-6.81
0.4
-40.37
-24.06
5.08
3.67
4.98
3.02
-2.87
-3.92
Depreciation Expense
386
566
592
535
505
519
832
1,190
799
1,021
2,199
3,570
4,050
4,149
Net Income, GAAP
3,922
1,123
97
-1,060
-6,212
1,978
-33,189
-12,376
5,796
3,456
4,396
1,033
-6,114
-7,392
Effective Tax Rate (%)
24.82
1.53
48.83
286.07
- -
32.24
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
7.74
2.18
0.21
-2.51
-7.57
2.3
-78
-32.28
13.12
4.84
3.16
0.46
-2.88
-3.51
Working Capital
34,995
32,214
44,067
41,626
34,374
26,948
-622
9,056
19,735
3,562
12,965
35,930
18,131
12,221
LT Debt
- -
- -
10,000
10,004
10,013
- -
4,303
3,418
1,311
8,265
20,927
22,713
20,830
20,561
Total Equity
45,877
50,445
56,584
55,089
48,303
50,204
20,823
17,096
28,594
32,318
42,520
71,882
64,037
62,933
Return on Invested Capital (%)
5.37
3.28
0.4
3.76
- -
0.35
- -
- -
9.07
- -
- -
- -
- -
- -
Return on Capital (%)
8.89
2.34
0.16
-1.53
- -
5.07
- -
- -
21.76
- -
- -
- -
- -
- -
Return on Common Equity (%)
9.57
2.33
0.19
-1.99
-12.58
4.19
-96.05
-65.28
25.37
11.35
12.32
2.6
-16.31
-19.84

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
28,646
31,344
31,663
LT Borrowings
21,000
19,583
19,387
LT Finance Leases
1,035
1,246
1,173
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
26
26
Market Capitalization
273,769
327,844
407,781

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
87,055
79,832
93,378
Cash, Cash Equivalents & STI
31,394
31,120
39,211
Accounts Receivable, Net
41,756
37,845
38,167
Inventories
11,311
7,379
11,653
Total Current Liabilities
64,235
61,701
81,157
Payables & Accruals
- -
- -
- -
ST Debt
28,646
31,344
31,663
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.25%
34%
-10.91%
Free Cash Flow
-139.48%
-50.09%
-520.21%
Net Income, GAAP
-360.56%
-185.71%
-692.02%
Sales/Revenue/Turnover
25.75%
45.52%
-5.42%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82,180
54,515
41,937
45,790
224,422
2025
53,558
70,744
37,254
50,695
212,252
2026
52,183
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-43
8
63
10.86
40
2025
14
25.28
-283.18
10.3
-234
2026
-35.36
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Young-Kyu Lee
Full Time Employees
128
Sector
Producer manufacturing
Industry
Industrial machinery
Address
60, Jayumuyeok 1-gil Gunsan-si NJ South Korea 54001
IPO Date
Nov 24, 2009
Business
KANGWON ENERGY Co., Ltd. manufactures and supplies industrial plant equipment, specializing in energy plants, secondary battery production systems, and related engineering services; its core offerings include water tube steam generators, waste heat boilers, heat recovery steam generators, sulfur recovery units, hot oil heaters, PD mixers, storage vessels, powder weighing and transfer systems, electric heater dryers, electromagnetic filters, jet mills, roll crushers, and sievers for cathode material manufacturing, along with comprehensive engineering, procurement, construction, installation, and commissioning services across heat, basic, and detailed design phases. The company operates primarily in the industrials sector, focusing on industrial machinery, boilers, chemical equipment, environmental energy equipment, and new renewable energy segments, serving clients in power generation, petrochemical, and battery manufacturing industries with a presence centered in South Korea and extending to international projects. Founded in 1976 and headquartered in Gunsan-si, South Korea, it changed its name from KANGWON Co., Ltd. to KANGWON ENERGY Co., Ltd. in October 2021 to reflect its expanded focus on energy solutions; recent developments include a 2025 strategic partnership with Noveon Magnetics to establish a 2,000-ton annual capacity NdFeB rare earth magnet production facility in South Korea, set to commence operations in 2027, leveraging the company's EPC expertise in powder handling, thermal treatment, and factory automation, as well as financing in 2024 for subsidiary expansion into lithium hydroxide and cathode material businesses amid favorable raw material pricing.