1. South Korea Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
GnCenergy Co., Ltd.

GnCenergy Co., Ltd.

KKRX:119850
40,550.00
KRW
-1,850.00
(-4.36%)
2,426.91EPS
12.44P/E
496.36BMarket Cap
Nov 06Next Earn
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
4,699.55
4,575.14
6,577.78
7,060.63
6,037.1
7,852.4
10,600.4
10,218.33
7,757
9,364.5
10,797.96
15,183.99
16,866.19
15,843.44
Basic EPS, GAAP
291.87
264.5
381
419.67
361.21
424
422
190
279
1,727
739
2,582
2,565
2,467.51
Free Cash Flow per Basic Share
132.77
-280.96
57.34
273.09
279.85
49.3
-195.37
922.03
697.94
-2,394.54
3,635.41
763.37
2,393.68
1,607.45
Dividend per Share
- -
17.72
34.69
40.06
59.64
60.07
49.97
50.36
49.62
50
51.46
69.8
95.78
- -
Book Value per Share
2,749.86
3,067.86
3,432.21
3,811.21
4,119
4,685.83
5,076.72
5,549.15
5,919.75
7,200.81
8,113.84
10,652.41
13,535.29
14,227.8
Tangible Book Value per Share
2,733.89
3,057.77
3,425.3
3,807.2
3,847.12
4,390.78
4,806.6
5,301.77
5,692.14
7,191.5
8,104.76
10,643.35
13,527.36
14,219.9
Basic Weighted Avg Shares
15
16
17
16
16
16
16
16
16
16
15
15
16
16
Sales/Revenue/Turnover
68,530
72,405
110,280
116,438
96,668
126,054
168,346
161,021
122,488
148,546
166,417
226,316
262,634
251,785
Operating Margin (%)
8.53
7.26
8.34
9.3
6.93
5.19
5.39
4.24
5.64
4.1
6.62
14.01
18.8
15.41
Depreciation Expense
746
816
1,033
1,215
1,377
1,842
2,358
2,566
2,568
2,541
2,411
4,111
5,730
5,694
Net Income, GAAP
4,256
4,186
6,388
6,921
5,784
6,806
6,702
2,994
4,406
27,395
11,389
38,485
39,941
39,214
Effective Tax Rate (%)
13.74
21.13
16.38
17.79
18
20.59
17.49
49.91
27.54
21.78
15.6
19.68
26.93
26.88
Profit Margin (%)
6.21
5.78
5.79
5.94
5.98
5.4
3.98
1.86
3.6
18.44
6.84
17
15.21
15.57
Working Capital
16,660
21,749
25,582
30,468
27,090
34,284
40,381
53,632
60,085
49,710
45,408
63,839
128,517
135,772
LT Debt
4,490
4,850
4,208
3,531
2,818
2,104
1,494
899
203
182
119
771
10,611
10,194
Total Equity
40,151
50,978
56,689
60,663
69,759
82,882
93,028
108,339
115,299
117,039
122,812
161,471
221,487
232,703
Return on Invested Capital (%)
9.24
6.39
10.52
11
6.13
5.27
6.91
2.94
3.9
3.41
6.75
16.57
16.64
12.96
Return on Capital (%)
8.86
6.81
9.25
8.92
6.68
6.7
5.28
4.79
4.12
21.71
8.76
25.15
18.21
17.38
Return on Common Equity (%)
13.58
9.19
11.87
11.8
9.12
9.68
8.65
3.57
4.87
26.32
9.7
27.54
21.15
19.71

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
15,320
27,331
27,964
LT Borrowings
5,919
9,925
9,431
LT Finance Leases
729
687
764
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
503,920
499,592
496,359

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
198,154
258,844
265,610
Cash, Cash Equivalents & STI
90,984
138,158
125,923
Accounts Receivable, Net
22,055
35,077
38,631
Inventories
23,711
31,436
42,133
Total Current Liabilities
82,912
130,327
129,838
Payables & Accruals
- -
- -
- -
ST Debt
15,320
27,331
27,964
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.1%
16.3%
37.17%
Free Cash Flow
-134.31%
-113.68%
227.59%
Net Income, GAAP
70.5%
150.45%
3.79%
Sales/Revenue/Turnover
10.96%
12.28%
16.05%
Total Cash Common Dividend
- -
- -
43.35%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40,262
36,979
73,974
75,102
226,316
2025
66,275
60,825
69,497
66,036
262,634
2026
55,427
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
230
1,123
846
379.34
2,582
2025
873
638.66
740.59
329.24
2,565
2026
761.54
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
69.8
2025
- -
- -
- -
- -
95.78
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Byeong-Cheol Ahn
Full Time Employees
118
Sector
Producer manufacturing
Industry
Electrical products
Address
Seoul South Korea
IPO Date
Oct 2, 2013
Website
gncenergy.co.kr
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Business
GnCenergy Co., Ltd. is a South Korea-based provider of power generation equipment, emergency standby power systems, and renewable energy solutions. Founded in 1989 and headquartered in Seoul, South Korea, the company specializes in the design, engineering, manufacturing, installation, and operation of distributed power generation systems and eco-friendly energy facilities. The company operates across multiple core business segments, offering products and services that include: emergency and continuous diesel generator sets for artificial intelligence (AI) data centers, telecommunication hubs, industrial facilities, healthcare institutions, and commercial complexes; gas turbine and gas engine power generation systems for decentralized utility and industrial use; renewable biogas power generation plants utilizing landfill gas, organic waste, and sewage sludge; hydrogen fuel cell power generation facilities; commercial solar photovoltaic systems; combined heat and power (CHP) cogeneration systems; geothermal heating, ventilation, and air conditioning (HVAC) solutions through its subsidiary Hanbit Energy; and comprehensive engineering, procurement, construction (EPC), maintenance, and power plant operation services. Beyond its primary operations in South Korea, the company participates in overseas power infrastructure investments and operations, including facilities such as the Munum Power Plant in Papua New Guinea. In recent developments, GnCenergy has substantially expanded its presence in the AI and hyperscale data center infrastructure market, securing the leading domestic market share in emergency backup power systems. The company has executed multiple large-scale emergency generator supply contracts with major technology corporations and digital infrastructure operators, including SK, NAVER, and Digital Realty (DRT), generating more than KRW 200 billion in cumulative data center orders across 2025 and 2026. In addition, GnCenergy entered into a strategic partnership with LG Uplus to reinforce power infrastructure for next-generation AI data centers, accelerated the commercial delivery of high-margin gas turbine power generation systems to meet high power density requirements, and advanced large-scale capital investment plans for comprehensive energy infrastructure at the Dangjin Seokmun National Industrial Complex.