Vessel Co., Ltd. (South Korea)

Vessel Co., Ltd. (South Korea)

KKRX:177350
1,032.00
KRW
+24.00
(+2.38%)
1,694.96EPS
1.21P/E
21.63BMarket 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
23,597.39
26,267.41
7,678.52
10,243.55
18,701.61
17,949.85
10,430.22
17,040.17
5,698.33
9,456.9
16,258.42
3,027.92
1,737.78
1,673.54
Basic EPS, GAAP
448.79
2,784.07
1,045.47
974.75
1,162.49
303.48
-2,721.06
-244.33
1,846.62
-2,687.62
-14,935.61
-1,239.69
1,854
1,830.04
Free Cash Flow per Basic Share
1,609.79
290.02
-1,040.47
-2,007.53
2,547.83
-2,092.87
-1,995.33
2,403.79
-2,522.79
-1,264.15
-4,199.69
-969.09
63.6
214.97
Dividend per Share
- -
- -
- -
- -
259.55
645.09
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3,363.02
6,159.86
8,862.95
9,739.23
10,547.36
7,519.55
4,800.31
4,556.48
8,403.79
6,519.83
3,328.55
2,415.28
4,211.79
4,091.06
Tangible Book Value per Share
2,649.97
5,006.61
8,024.46
8,592.89
8,809.51
6,687.52
4,098.14
4,059.96
8,330.21
6,458.96
3,303.04
2,391.67
4,192.4
4,072.08
Basic Weighted Avg Shares
2
2
7
4
4
4
4
4
4
5
2
8
10
10
Sales/Revenue/Turnover
51,394
57,174
52,752
44,003
80,644
75,788
42,344
69,555
24,634
44,128
26,135
25,708
16,571
16,339
Operating Margin (%)
7.28
13.17
15.06
4.95
12.79
3.47
-17.36
5.93
-30.29
-15.82
-50.23
-45.58
-15.77
-9.83
Depreciation Expense
483
587
438
748
780
1,932
1,649
1,897
2,502
1,292
1,001
584
572
540
Net Income, GAAP
977
6,060
7,182
4,187
5,013
1,281
-11,047
-997
7,983
-12,541
-24,009
-10,525
17,679
17,867
Effective Tax Rate (%)
29.95
13.32
18.27
8.4
4.88
- -
- -
5.05
- -
- -
- -
- -
- -
- -
Profit Margin (%)
1.9
10.6
13.62
9.52
6.22
1.69
-26.09
-1.43
32.41
-28.42
-91.86
-40.94
106.69
109.35
Working Capital
2,380
6,715
25,447
26,616
23,363
15,132
-20,284
-5,554
-14,299
-10,731
-14,261
-16,091
2,107
3,066
LT Debt
6,040
5,120
6,769
8,644
5,800
9,086
3,164
6,392
3,943
6,468
135
25
118
81
Total Equity
7,321
13,410
37,615
42,383
45,268
30,542
19,497
18,921
38,673
30,353
26,712
21,538
41,306
40,121
Return on Invested Capital (%)
- -
30.67
17.73
3.7
15.09
- -
- -
8.07
- -
- -
- -
- -
-5.59
-3.47
Return on Capital (%)
- -
37.11
21.7
8.48
8.47
- -
- -
2.76
- -
- -
- -
- -
39.38
39.75
Return on Common Equity (%)
- -
58.46
28.15
10.47
11.44
3.38
-44.15
-5.25
28.53
-36.65
-83.47
-43.79
56.26
59.28

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4,052
11,221
11,226
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
118
81
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
28,029
23,929
21,634

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
24,773
18,874
20,029
Cash, Cash Equivalents & STI
12,761
10,984
13,408
Accounts Receivable, Net
3,587
2,742
2,833
Inventories
2,377
2,127
2,100
Total Current Liabilities
11,316
16,767
16,962
Payables & Accruals
- -
- -
- -
ST Debt
4,052
11,221
11,226
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.11%
28.66%
91.78%
Free Cash Flow
-94.47%
-65.62%
-107.37%
Net Income, GAAP
-253.97%
-278.05%
-267.97%
Sales/Revenue/Turnover
1.74%
-12.68%
-35.54%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,100
7,665
6,738
4,205
25,708
2025
4,116
4,696
3,536
4,223
16,571
2026
3,884
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2,280
-760
-1,260
-379.94
-1,239.69
2025
-154
1,566.11
46.25
362.31
1,854
2026
-121.35
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Hyeon-Gi Kwon
Full Time Employees
55
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Suwon-si South Korea
IPO Date
Jun 19, 2015
Business
Vessel Co., Ltd. is a South Korea-based technology manufacturing company engaged primarily in the development, engineering, and distribution of automated process equipment for flat panel displays and semiconductors, as well as aerospace systems and urban air mobility solutions. Founded in 2004 and headquartered in Hwaseong-si, Gyeonggi-do, South Korea, the company operates across display equipment, semiconductor equipment, and aerospace business segments. Vessel Co., Ltd. manufactures and provides a comprehensive portfolio of industrial machinery and technologies, including in-line display manufacturing systems such as oven baking and curing systems, edge grinders, auto-claves, clean stockers, cleaner units, sheet laminators, and automated glass substrate transfer conveyors utilized in the fabrication of liquid crystal displays, organic light-emitting diodes, and micro-LED panels; touch screen panel laminating and bonding equipment; semiconductor wafer handling, baking, and advanced packaging systems; and aviation and aerospace products comprising light sport aircraft, optionally piloted personal air vehicles, tactical unmanned aerial vehicle systems, and related airframe components developed through its aerospace operations. The company supplies Tier-1 display panel manufacturers and electronics producers across South Korea, mainland China, and the broader Asia-Pacific region. In recent corporate developments, Vessel Co., Ltd. has executed operational restructuring and capital management initiatives to optimize its manufacturing footprint and enhance liquidity amid cyclical shifts in global display manufacturing capital expenditures. In addition, the company has expanded its strategic focus into urban air mobility, autonomous defense drones, and electric vertical takeoff and landing technologies through collaborative government and commercial consortium partnerships, while actively upgrading its equipment lineup to support advanced micro-LED manufacturing and high-precision semiconductor packaging applications.