1. South Korea Stocks

  2. •

    Finance

  3. •

    Real estate investment trusts
K-Top Reits Co., Ltd.

K-Top Reits Co., Ltd.

KKRX:145270
800.00
KRW
+3.00
(+0.38%)
198.63EPS
4.37P/E
35.98BMarket 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
261.73
313.18
385.47
246.04
194.93
244.61
319.03
457.69
693
454.09
564.17
252.51
322.72
340.18
Basic EPS, GAAP
118.89
123
151.69
72.2
56.43
74.15
121
241
249
211
244
108
133
173.68
Free Cash Flow per Basic Share
168.44
-745.37
-453.1
31.47
-227.83
-1,053.67
56.34
36.55
83.25
84.91
123
-140.17
40.09
65.48
Dividend per Share
- -
107.1
58.77
22.3
18.5
19.22
19.67
24.35
80.19
38.55
108.18
94.76
68.97
- -
Book Value per Share
1,254.06
1,270.24
1,389.79
1,261.31
1,280.57
1,355.73
1,518.27
1,701.39
1,808.13
1,980.99
2,131.19
2,157.2
2,207.7
2,204.95
Tangible Book Value per Share
1,249.52
1,266.04
1,385.88
1,258.84
1,274.73
1,349.75
1,510.09
1,693.42
1,800.13
1,972.3
2,122.55
2,148.53
2,199.11
2,196.39
Basic Weighted Avg Shares
30
30
30
37
44
45
45
46
46
48
48
48
47
46
Sales/Revenue/Turnover
7,945
9,511
11,378
9,139
8,564
11,034
14,342
21,190
31,950
21,632
26,893
12,088
15,083
15,569
Operating Margin (%)
62.25
70.75
71.98
58.2
58.03
65.53
72.97
80.16
56.25
81.07
76.32
65.5
70.43
71.75
Depreciation Expense
27
45
47
83
119
113
120
115
83
85
90
108
134
151
Net Income, GAAP
3,609
3,735
4,478
2,682
2,479
3,345
5,440
11,158
11,480
10,052
11,631
5,170
6,216
7,949
Effective Tax Rate (%)
20.05
21.53
21.61
21.39
21.36
21.5
21.7
22.26
21.77
20.86
20.72
7.62
28.03
25.31
Profit Margin (%)
45.42
39.27
39.35
29.35
28.95
30.31
37.93
52.66
35.93
46.47
43.25
42.77
41.21
51.06
Working Capital
7,151
-15,804
-34,102
-28,849
-33,316
-50,895
-70,610
-95,811
-96,056
-140,594
-26,906
-52,898
-35,999
-65,149
LT Debt
28,690
36,600
30,600
21,330
27,200
62,000
42,058
22,000
20,100
- -
22,000
- -
23,600
2,100
Total Equity
39,606
40,117
43,401
57,977
61,558
63,891
68,461
78,636
87,520
95,641
102,919
103,514
106,200
106,908
Return on Invested Capital (%)
7.73
6.46
6.54
3.75
3.14
3.69
4.55
6.89
6.87
6.32
7.8
3.97
4.14
- -
Return on Capital (%)
8.39
6.72
6.38
3.84
3.25
3.79
4.62
6.92
6.93
6.31
8.12
4.65
4.44
- -
Return on Common Equity (%)
10.79
9.37
10.72
5.29
4.15
5.33
8.22
15.17
13.92
11.11
11.85
5.07
6.01
- -

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
58,663
80,663
82,263
LT Borrowings
23,600
1,600
2,100
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
47
47
Market Capitalization
43,992
42,950
35,981

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
25,160
25,837
22,971
Cash, Cash Equivalents & STI
24,111
24,466
22,028
Accounts Receivable, Net
821
869
733
Inventories
- -
- -
- -
Total Current Liabilities
61,159
86,617
88,120
Payables & Accruals
- -
- -
- -
ST Debt
58,663
80,663
82,263
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.69%
6.27%
2.59%
Free Cash Flow
-99.38%
-33.04%
-127.92%
Net Income, GAAP
12.58%
-5.83%
20.23%
Sales/Revenue/Turnover
9.31%
2.51%
24.78%
Total Cash Common Dividend
29.95%
63.49%
-28.94%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,295
2,297
2,397
5,098
12,088
2025
2,080
2,107
2,088
8,808
15,083
2026
2,311
2,362
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14
7
13
75.35
108
2025
6
4
10
113.44
133
2026
11
37
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
94.76
2025
- -
- -
- -
- -
68.97
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Lee Myung sik
Full Time Employees
15
Sector
Finance
Industry
Real estate investment trusts
Address
70 Miwon Building Seoul SL South Korea
IPO Date
Jan 31, 2012
Website
ktopreits.co.kr
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Business
K-TOP Reits Co., Ltd. (145270.KS) operates as a self-managed real estate investment trust (REIT) in South Korea, primarily engaged in the acquisition, development, management, rental, leasing, improvement, investment, operation, disposal, and sale of domestic and foreign real estate properties, with a focus on office buildings and commercial facilities including nonperforming loan investments, property appreciation initiatives, and real estate development business investments; its portfolio features office assets such as secondary or non-prime properties in locations like Busan, Incheon, Madu-dong, Yeongdeungpo-gu, and Seoul City, generating revenue mainly from long-term lease agreements with small to medium-sized enterprises and other tenants. Founded in 2010 and headquartered at 70 Miwon Building, 19th Floor, Yeongdeungpo-gu, Seoul, South Korea, the company employs seven staff and serves institutional and individual investors through its diversified REIT activities in the residential and commercial real estate sectors. Recent developments include an equity buyback plan announced on March 6, 2024, with tranche updates reported as of April 2, 2024 and April 2, reflecting ongoing capital management efforts amid its focus on office property operations.