GOLFZON HOLDINGS Co. Ltd.

GOLFZON HOLDINGS Co. Ltd.

KKRX:121440
7,630.00
KRW
-50.00
(-0.65%)
442.93EPS
10.90P/E
185.98BMarket Cap
Nov 18Next 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
12,086.96
3,991.57
4,261.8
5,054.46
4,633.08
4,681.88
5,351.69
6,830.33
9,769.07
11,427.63
10,066.73
9,351.37
8,996.9
9,088.79
Basic EPS, GAAP
92.8
2,598.53
23,073
94
-505
-166
-734
659
3,152
2,032
891
1,056
610
441.79
Free Cash Flow per Basic Share
20.45
-2,106.96
-1,588.68
75.49
-310.73
-671.61
-15.38
497.26
323.73
138.56
197.83
455.98
140.6
-28.83
Dividend per Share
468.88
483.39
486.99
580.53
117.04
116.58
116.95
117.01
117.01
139.97
165.43
169.02
257.22
- -
Book Value per Share
13,885.93
15,968.73
12,820.06
12,333.5
11,714.73
11,333.45
10,402.36
10,968.08
14,013.63
15,928.95
16,929.12
18,294.06
19,283.17
19,075.82
Tangible Book Value per Share
13,032.2
15,354.49
12,618.76
12,139.39
11,531.09
10,666.06
10,037.1
10,830.66
13,890.22
15,865.89
16,846.64
18,215.65
19,146.29
18,945.88
Basic Weighted Avg Shares
30
30
38
43
43
43
43
43
43
43
42
41
39
39
Sales/Revenue/Turnover
365,126
121,711
160,896
216,450
198,031
200,915
228,936
292,026
417,687
488,755
424,122
386,190
354,319
353,757
Operating Margin (%)
22.04
-15.53
-8.07
17.08
1.36
-10.46
-1.58
11.07
17.52
19.33
12.48
10.21
9.8
7.94
Depreciation Expense
11,645
13,360
12,262
11,695
12,771
12,413
20,699
17,473
16,982
18,816
19,896
19,587
19,509
19,614
Net Income, GAAP
2,803
79,234
871,078
4,025
-21,585
-7,124
-31,399
28,175
134,767
86,908
37,539
43,610
24,023
17,195
Effective Tax Rate (%)
95.25
- -
- -
12.56
- -
153.35
- -
29.67
10.55
7.88
17.35
- -
13.45
18.54
Profit Margin (%)
0.77
65.1
541.39
1.86
-10.9
-3.55
-13.72
9.65
32.27
17.78
8.85
11.29
6.78
4.86
Working Capital
69,611
-15,695
-6,413
-42,314
-3,378
-109,309
40,389
73,430
-80,098
7,804
-8,534
37,859
39,068
38,600
LT Debt
- -
75,000
103,000
75,000
121,107
45,693
201,779
200,295
82,792
136,592
115,168
105,567
100,646
101,063
Total Equity
424,544
486,386
551,360
528,087
500,913
485,970
443,293
469,481
601,360
685,290
712,628
746,517
750,104
742,092
Return on Invested Capital (%)
0.7
- -
- -
4.5
- -
-0.08
- -
2.99
8.36
9.77
4.7
- -
2.45
2.33
Return on Capital (%)
0.58
- -
- -
1.53
- -
-1.51
- -
4.86
18.19
10.55
4.93
- -
3.35
2.59
Return on Common Equity (%)
0.67
17.4
168.4
0.75
-4.2
-1.45
-6.76
6.17
25.23
13.58
5.41
6.02
3.23
2.33

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
135,885
134,956
136,606
LT Borrowings
93,074
91,567
91,060
LT Finance Leases
9,066
9,079
10,003
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
39
39
Market Capitalization
207,415
192,544
185,978

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
234,279
204,478
246,135
Cash, Cash Equivalents & STI
81,558
81,826
76,973
Accounts Receivable, Net
20,752
11,896
19,188
Inventories
120,893
97,606
131,331
Total Current Liabilities
192,567
165,410
207,535
Payables & Accruals
- -
- -
- -
ST Debt
135,885
134,956
136,606
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.61%
10.26%
0.48%
Free Cash Flow
-392.39%
0.78%
-70.6%
Net Income, GAAP
-39.45%
51.45%
-44.91%
Sales/Revenue/Turnover
9.86%
5.93%
-8.25%
Total Cash Common Dividend
- -
- -
45.13%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
83,488
117,368
106,794
78,541
386,190
2025
70,086
104,929
100,643
78,661
354,319
2026
69,523
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
78
338
618
19.53
1,056
2025
209
269.21
207.42
-81.78
610
2026
42.19
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
169.02
2025
- -
- -
- -
- -
257.22
2026
- -
- -
- -
- -
- -

Company Description

CEO
Duk-Hyung Choi
Full Time Employees
39
Sector
Consumer durables
Industry
Recreational products
Address
Seoul South Korea
IPO Date
May 20, 2011
Business
GOLFZON HOLDINGS Co., Ltd., formerly known as GOLFZON NEWDIN HOLDINGS Co., Ltd., is a South Korea-based investment holding company primarily engaged in the development, manufacture, and distribution of golf simulation technologies, golf course operations, golf retail, and virtual sports entertainment solutions. The company operates across multiple specialized segments, including Golf Simulation Systems, Golf Course Management, Golf Equipment Distribution and Retail, and Sports Leisure Entertainment. Its comprehensive portfolio of products and services includes commercial and residential indoor screen golf simulators, featuring the TWOVISION NX, Golfzon Vision, and GDR (Golfzon Driving Range) Plus platforms equipped with high-speed sensor tracking, hyper-realistic graphic engines, and dynamic swing-plate motion technology; portable launch monitors and radar tracking devices under the Golfzon WAVE series; wearable GPS rangefinders, laser distance meters, and golf tracking software solutions developed under the GOLFBUDDY brand; professional golf training, instruction, and coaching services delivered through the Golfzon GDR Academy and the Golfzon Leadbetter Academy networks; offline golf specialty retail, pre-owned equipment trade-in services, and private-label merchandise distributed via Golfzon Market store locations; online e-commerce platforms including Golfping; comprehensive 18-hole and 36-hole public golf course management, green fee booking systems, and enterprise course IT management solutions operated via Golfzon County; and non-golf interactive sports simulation systems, including virtual screen baseball under the Strikezon brand, screen tennis, and screen bowling. The company caters to individual consumers, golf academy operators, commercial entertainment venues, public course operators, and franchise businesses across South Korea, North America, Japan, China, Vietnam, and Europe. Founded in 2000 and headquartered in Seoul, South Korea, the company manages major operating subsidiaries and affiliates such as Golfzon Co., Ltd., Golfzon Commerce Co., Ltd., Golfzon County Co., Ltd., and Golfzon Deca Inc. In recent developments, the company officially changed its corporate name from GOLFZON NEWDIN HOLDINGS Co., Ltd. to GOLFZON HOLDINGS Co., Ltd. in April 2025 to streamline group identity and strengthen parent-level governance; launched and deployed its advanced TWOVISION NX simulation platform alongside the Golfzon WAVE series across international markets; accelerated North American and overseas venue expansions through tech-infused sports entertainment concepts such as Golfzon Social and dedicated training facilities under the Golfzon Range brand; and advanced strategic restructuring and asset optimization initiatives across its golf course operations and commercial retail divisions.