TPC Co., Ltd

TPC Co., Ltd

KKRX:130740
1,752.00
KRW
-58.00
(-3.20%)
1,674.67EPS
1.23P/E
23.12BMarket 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
4,730.26
5,411.89
5,773.57
5,996.96
5,463.02
8,373.95
8,415.62
7,532.16
7,124.64
7,239.62
7,055.6
7,154.34
6,983.94
7,026.7
Basic EPS, GAAP
163
348
451
522
160
282
-218
217
-153
-132
-170
134
-42
1,668.36
Free Cash Flow per Basic Share
98.82
342.24
149.38
-1,102.32
130.55
12.08
185.55
236.47
105.52
-543.94
181.12
-108.3
30.13
-108.59
Dividend per Share
15.92
- -
20.27
38.74
50.03
0.23
0.55
18.94
- -
30.11
- -
- -
- -
- -
Book Value per Share
4,358.8
4,808.84
5,291.79
5,598.31
5,814.51
6,427.97
5,890.19
5,619.59
5,674.35
5,508.28
5,354.38
5,852.41
5,793.63
7,160.88
Tangible Book Value per Share
4,298.51
4,736.06
5,217.87
5,529.61
5,745.8
5,756.24
5,290.62
5,086.84
5,499.11
5,431.43
5,287.48
5,789.13
5,728.59
7,087.44
Basic Weighted Avg Shares
9
9
9
9
9
9
10
11
11
11
11
11
11
11
Sales/Revenue/Turnover
44,500
49,314
50,815
54,390
51,593
78,436
84,685
79,348
80,394
81,344
79,496
80,422
79,404
79,238
Operating Margin (%)
3.56
4.09
6.39
7.09
2.52
1.43
0.63
1
0.59
-1.98
-3.55
-1.12
-4.11
-3.31
Depreciation Expense
930
1,002
1,062
1,214
1,600
3,332
4,083
3,823
3,754
3,821
3,829
3,652
3,769
3,790
Net Income, GAAP
1,533
3,171
3,969
4,734
1,511
2,641
-2,194
2,286
-1,726
-1,483
-1,915
1,506
-478
18,814
Effective Tax Rate (%)
41.09
23.55
17.94
16.55
30.36
11.23
- -
4.84
- -
- -
- -
176.84
- -
22.84
Profit Margin (%)
3.45
6.43
7.81
8.7
2.93
3.37
-2.59
2.88
-2.15
-1.82
-2.41
1.87
-0.6
23.74
Working Capital
15,016
14,240
18,716
9,829
-3,049
8,816
13,085
16,163
23,905
26,500
21,860
35,698
36,239
47,232
LT Debt
825
421
2,140
- -
7,602
11,920
16,598
14,993
7,678
4,692
227
133
62
42
Total Equity
40,480
42,898
46,479
52,904
54,947
68,083
66,915
69,034
79,214
81,723
79,072
93,560
93,036
81,145
Return on Invested Capital (%)
2
3.17
5.2
5.16
1.15
0.97
- -
0.68
- -
- -
- -
0.69
- -
-2
Return on Capital (%)
3.56
6.89
8.08
8.16
2.34
4.29
- -
3.65
- -
- -
- -
2.93
- -
19.09
Return on Common Equity (%)
3.84
7.61
8.88
9.53
2.8
4.63
-3.72
3.82
-2.76
-2.35
-3.13
2.38
-0.73
25.77

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
15,761
15,736
15,695
LT Borrowings
- -
- -
- -
LT Finance Leases
79
62
42
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
22,542
20,625
23,117

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
61,377
65,213
75,232
Cash, Cash Equivalents & STI
33,315
37,987
51,634
Accounts Receivable, Net
12,518
13,481
10,966
Inventories
15,076
13,411
12,021
Total Current Liabilities
24,951
28,974
28,000
Payables & Accruals
- -
- -
- -
ST Debt
15,761
15,736
15,695
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.55%
6.49%
-0.56%
Free Cash Flow
-56.6%
-217.34%
-128.14%
Net Income, GAAP
-83.21%
-94.16%
-131.7%
Sales/Revenue/Turnover
5.57%
0.03%
-1.27%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18,713
23,306
17,777
20,626
80,422
2025
17,421
21,173
19,487
21,323
79,404
2026
17,254
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-25
207
-73
24.91
134
2025
-67
88.62
-100.86
37.04
-42
2026
1,643.57
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Jeong-Hoon Lee
Full Time Employees
193
Sector
Distribution services
Industry
Wholesale distributors
Address
Gyeongsan-si South Korea
IPO Date
Feb 8, 2011
Website
tc21.co.kr
Business
TPC Co., Ltd. is a South Korea-based manufacturing company primarily engaged in the development, production, and distribution of precision steel tubes, automotive components, and infrastructure piping systems. Founded in December 1998 as Taechang Precision Co., Ltd. and headquartered in Gyeongsan-si, Gyeongsangbuk-do, South Korea, the company operates across the automotive parts, industrial machinery, and plastic piping sectors. The company's core product portfolio encompasses precision drawn steel tubes and drawn over mandrel (DOM) tubes; anti-vibration bushings and chassis vibration-damping components; fuel delivery systems, including filler neck assemblies; thermal management and engine cooling pipe assemblies, such as water pipes, heater pipes, and oil delivery lines; and specialized structural pipe assemblies. Through its majority-owned subsidiary GOLEE Co., Ltd., the company also manufactures polyvinyl chloride (PVC) piping systems for water supply, sewerage, drainage, and fire protection infrastructure, alongside industrial components including elevator and escalator traction machines, reducers, and synchronous motors. TPC Co., Ltd. distributes its products domestically and internationally across key global markets, supplying original equipment manufacturers (OEMs) and Tier-1 automotive suppliers, including Hyundai Motor Company, Kia Corporation, General Motors, Renault Korea, Ford Motor Company, Toyota Motor Corporation, Nissan Motor Co., and Mercedes-Benz. In recent developments, the company has implemented operational streamlining and balance sheet optimization measures, including capital-raising through bond issuances and the internal corporate integration of its piping operations via GOLEE Co., Ltd.'s merger with J&P Co., Ltd. Furthermore, TPC Co., Ltd. has expanded its research and development pipeline to accelerate the production of lightweight, high-durability tubular solutions and dedicated battery and motor thermal management piping systems engineered for next-generation hybrid and electric vehicle platforms.