ITCENGLOBAL CO. LTD.

ITCENGLOBAL CO. LTD.

KKRX:124500
21,000.00
KRW
-700.00
(-3.23%)
10,550.90EPS
18.49P/E
1.06TMarket Cap
Nov 12Next Earn
2014 Y
2015 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
18,020.81
27,247.46
7,231.65
20,396.89
22,965.18
35,221.93
96,738.58
116,043.77
164,807.84
131,217.51
138,556.63
214,588.26
382,216.5
453,467.38
Basic EPS, GAAP
200.46
307.65
-309.97
-503.85
73
-19
21
312
-360.82
85
32
184
2,010
2,468.27
Free Cash Flow per Basic Share
-1,605.08
1,720.88
-114.01
-2,409.51
709.16
409.31
-74.03
361.24
-289.08
5,166.38
-1,761.21
-2,045.38
8,873.83
8,561.38
Dividend per Share
6.18
5.79
8.96
11.18
- -
- -
63.05
2.55
3.77
- -
- -
30.27
861.74
- -
Book Value per Share
2,326.03
2,723.37
2,112.21
1,565.35
2,317.46
2,070.17
1,882.24
2,832.23
2,873.36
2,681.28
3,037.95
3,357.97
5,403.57
6,182.01
Tangible Book Value per Share
966.93
1,629.6
511.6
-122.08
904.95
-2,730.7
-2,420.82
-1,517.92
-906.14
-787.3
714.23
1,261.4
3,225.25
4,004.4
Basic Weighted Avg Shares
8
9
22
13
14
16
16
20
20
20
20
23
23
23
Sales/Revenue/Turnover
137,560
239,266
161,830
273,654
311,549
549,191
1,534,269
2,275,083
3,280,884
2,621,054
2,815,145
4,961,847
8,870,845
10,522,496
Operating Margin (%)
4.11
2.5
-5.85
-1.37
1.13
1.52
1.66
0.49
0.96
1.19
1.13
1.18
3.16
3.28
Depreciation Expense
763
939
1,019
1,587
1,677
2,440
4,728
6,393
10,720
10,318
12,115
11,426
14,471
- -
Net Income, GAAP
1,530
2,702
-6,937
-6,760
990
-296
333
6,117
-7,183
1,698
650
4,255
46,650
57,275
Effective Tax Rate (%)
13.6
18.68
- -
- -
163.28
35.49
26.92
77.7
137.55
24.14
1,131.13
24.57
24.57
23.94
Profit Margin (%)
1.11
1.13
-4.29
-2.47
0.32
-0.05
0.02
0.27
-0.22
0.06
0.02
0.09
0.53
0.54
Working Capital
1,567
22,487
13,113
-2,407
28,597
47,760
57,831
85,744
102,575
83,217
81,304
106,506
225,580
273,457
LT Debt
20,624
17,000
18,132
7,539
21,779
46,622
55,853
61,584
71,660
37,739
3,645
66,479
26,636
1,692
Total Equity
29,955
53,605
56,892
56,624
74,649
175,480
164,685
198,371
240,928
274,445
284,411
322,488
511,808
583,904
Return on Invested Capital (%)
7.7
6.08
- -
- -
-1.95
2.52
6.49
1.09
-3.44
5.92
-75.38
9.31
30.44
36.73
Return on Capital (%)
4.5
5.48
- -
- -
0.13
-1.71
-0.14
3.46
-4.09
-6.14
-17.24
-4.31
-14.68
-19.02
Return on Common Equity (%)
9.44
11.17
-26.18
-32.14
3.65
-0.87
1.06
14.08
-12.65
3.07
1.06
5.79
45.89
51.1

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
206,611
239,637
239,117
LT Borrowings
27,676
19,409
1,692
LT Finance Leases
- -
7,226
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
410,256
703,097
1,059,287

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
922,447
1,247,957
1,304,672
Cash, Cash Equivalents & STI
248,765
471,709
376,903
Accounts Receivable, Net
205,824
- -
- -
Inventories
254,066
351,827
470,212
Total Current Liabilities
765,076
1,022,376
1,031,215
Payables & Accruals
- -
- -
- -
ST Debt
206,611
239,637
239,117
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
29.18%
22.22%
58.71%
Free Cash Flow
-253.04%
-542.49%
-535.47%
Net Income, GAAP
242.51%
229.61%
996.47%
Sales/Revenue/Turnover
57.34%
37.31%
78.78%
Total Cash Common Dividend
- -
- -
2,757.14%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
910,712
1,259,804
1,284,887
1,506,445
4,961,847
2025
1,636,570
1,266,742
1,727,252
4,240,281
8,870,845
2026
3,288,222
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.42
28
62
90.47
184
2025
326
294.23
260.85
1,128.83
2,010
2026
784.37
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
30.27
2025
860.63
- -
- -
- -
861.74
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jin-Mo Kang
Full Time Employees
164
Sector
Producer manufacturing
Industry
Metal fabrication
Address
Seoul South Korea
IPO Date
Dec 23, 2014
Business
ITCENGLOBAL CO. LTD. is a South Korea-based holding company and information technology solutions provider that operates across IT services, precious metals distribution, and blockchain-enabled Real World Asset (RWA) platforms. Founded in 2005 and headquartered in Gwacheon-si, Gyeonggi-do, South Korea, the company manages a comprehensive corporate group with business segments structured across systems integration, cloud computing, network infrastructure, digital security, physical and digital precious metals commerce, and Web3 asset management. The company delivers its core offerings across three primary divisions: Information Technology Services: IT consulting, design, and systems integration (SI) for public sector agencies, financial institutions, national defense organizations, and commercial enterprises through ITCEN Entec; multi-cloud migration, cloud managed services (MSP), cloud architecture engineering, and enterprise application modernization through ITCEN Cloit; network integration (NI), enterprise data center engineering, software-defined networking (SDN), and artificial intelligence infrastructure delivery through ITCEN CTS; and cybersecurity solutions, biometric authentication, digital identification, and Public Key Infrastructure (PKI) software through ITCEN PNS. Precious Metals Commerce: Physical precious metals manufacturing, wholesale supply, refining, retail distribution, and bullion trading for investment, consumer, and industrial applications, managed through its Korea Gold Exchange subsidiary. Digital Assets and Web3 Platforms: Commodity tokenization infrastructure, asset-backed digital token issuance, on-chain precious metal settlement services, decentralized finance protocols, digital custody, and specialized wallet solutions, including the K-Gold (KGLD) on-chain gold-backed digital asset and the Gold Standard digital wallet. ITCENGLOBAL serves government ministries, local municipalities, financial corporations, public utilities, defense contractors, enterprise clients, and individual investors across South Korea and international markets, including Japan via its regional unit ITCEN Japan. In recent developments, the company executed a corporate name change from ITCEN Co., Ltd. to ITCENGLOBAL CO. LTD. following shareholder approval in March 2025 to reflect its strategic globalization and unify its corporate identity, alongside rebranding its primary subsidiaries under the ITCEN umbrella. The group relocated its corporate headquarters to the Gwacheon Pentaone complex to consolidate group-wide operations and research capabilities. In digital asset finance, ITCENGLOBAL became a leading stakeholder and technology partner in the Busan Digital Asset Exchange (Bdan/BDX) consortium, facilitating the transfer of its proprietary fractional precious metal trading platform, CenGold, to Bdan to establish a national-scale regulated RWA exchange. Additionally, the company launched a long-term on-chain tokenization initiative to digitalize up to 50 tons of physical gold reserves, introduced the KGLD token and associated collateralized lending and Web3 payment applications, and expanded its generative AI infrastructure deployment and cloud managed services into the Japanese IT enterprise market.