1. South Korea Stocks

  2. •

    Consumer non-durables

  3. •

    Household/Personal care
COSMAX, Inc.

COSMAX, Inc.

KKRX:192820
272,500.00
KRW
0.00
(0.00%)
16,960.49EPS
9.54P/E
1.76TMarket Cap
Nov 16Next Earn
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
35,718.38
57,028.07
82,434.71
86,462.11
123,201.59
130,158.13
135,253.23
148,467.93
141,072.27
156,666.15
190,915.8
211,428.96
234,767
Basic EPS, GAAP
1,776.03
2,271.51
3,787.82
1,844.29
3,190.41
3,112.79
2,090.91
6,944
1,838
5,036
7,562
10,847
16,242.1
Free Cash Flow per Basic Share
-4,454.73
-5,545.76
-7,277.57
-16,914.5
-10,377.65
-3,086.6
-1,853
5,404.91
1,601.63
12,422
-8,422.38
-9,345
-6,613.34
Dividend per Share
- -
480.25
685.78
982.64
294.75
589.59
884.3
- -
552.29
- -
499.99
2,300.04
- -
Book Value per Share
8,640.3
10,465.91
20,630.88
21,333.49
25,959.25
33,593.94
33,536.72
49,473.58
51,220.04
31,952.03
41,725.02
49,195.83
56,990.34
Tangible Book Value per Share
8,285.88
9,888.49
20,079.57
12,466.37
16,573.98
23,529.93
27,979.84
45,039.11
46,849.46
27,163.89
36,173.69
43,572.76
51,109.25
Basic Weighted Avg Shares
9
9
9
10
10
10
10
11
11
11
11
11
11
Sales/Revenue/Turnover
333,957
533,343
756,964
883,950
1,259,717
1,330,653
1,382,881
1,591,488
1,600,126
1,777,494
2,166,090
2,398,758
2,663,538
Operating Margin (%)
7.29
6.74
6.95
3.98
4.15
4.06
4.82
7.7
3.32
6.51
8.1
8.16
7.9
Depreciation Expense
6,582
9,125
12,545
20,235
25,284
37,993
45,820
51,802
58,809
59,434
68,807
74,151
78,955
Net Income, GAAP
16,605
21,244
34,782
18,855
32,621
31,823
21,378
74,436
20,848
57,137
85,797
123,064
184,274
Effective Tax Rate (%)
28.54
35.96
32.37
38.57
41.87
49.01
25,732.65
56.13
366.58
55.12
35.76
16.25
14.5
Profit Margin (%)
4.97
3.98
4.59
2.13
2.59
2.39
1.55
4.68
1.3
3.21
3.96
5.13
6.92
Working Capital
-21,307
-40,275
12,289
-21,722
-54,678
-98,110
-95,471
4,571
-74,822
-167,735
-171,655
-226,453
-148,848
LT Debt
34,042
33,791
59,704
162,981
145,108
141,271
160,078
114,818
90,882
143,288
222,811
223,113
363,850
Total Equity
80,534
96,520
207,315
228,387
241,846
316,473
271,900
465,385
444,247
358,561
508,810
612,344
710,418
Return on Invested Capital (%)
- -
8.63
9.2
3.94
4.37
3.36
-1,961.33
5.75
-14.03
5.39
10.42
12.38
11.52
Return on Capital (%)
- -
10.23
11.2
5.12
7.89
7
-578.57
12.78
0.22
9.05
10.15
11.44
13.64
Return on Common Equity (%)
- -
23.78
22.53
8.79
13.49
10.45
6.23
16.46
3.65
12.11
20.53
23.86
34.01

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
601,553
701,232
723,561
LT Borrowings
194,693
270,730
322,144
LT Finance Leases
28,420
27,798
41,706
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
1,849,343
2,229,423
1,757,443

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
975,028
1,265,344
1,355,509
Cash, Cash Equivalents & STI
220,679
399,621
337,390
Accounts Receivable, Net
426,885
504,067
555,878
Inventories
270,823
294,261
376,850
Total Current Liabilities
1,201,481
1,480,470
1,504,357
Payables & Accruals
- -
- -
- -
ST Debt
601,553
701,232
723,561
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.72%
21.92%
20.35%
Free Cash Flow
8.33%
8.9%
10.95%
Net Income, GAAP
49.95%
88.77%
43.44%
Sales/Revenue/Turnover
17.01%
11.86%
10.74%
Total Cash Common Dividend
- -
- -
360%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
526,802
551,453
529,832
558,002
2,166,090
2025
588,574
623,561
585,617
601,007
2,398,758
2026
682,023
794,891
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,696
2,965
1,856
1,045.8
7,562
2025
717
1,844
789.31
7,496.35
10,847
2026
3,664.45
4,292
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
499.99
2025
- -
- -
- -
- -
2,300.04
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jae-Cheon Kim
Full Time Employees
1,565
Sector
Consumer non-durables
Industry
Household/Personal care
Address
46, Jaekongdan 2-gil Hwaseong-si GY South Korea 18622
IPO Date
Apr 7, 2014
Website
cosmax.com
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Business
Cosmax, Inc. (192820.KS) manufactures cosmetics and health functional foods on an original development manufacturing (ODM) and original equipment manufacturing (OEM) basis for global brands worldwide; the company develops and produces skincare products under brands including Capsule+, IS-LCE, CeraPresso, Emulixir, Foamology, IRPT and Solar Clear; base makeup under Air Cloud and Skin Fabric; makeup under Xfine, JellTeX, ARTCOTTA, Bi-Coat, Creamline, Thixolash and CRYSTAL PRISM; oriental medicine under Ginsenology; fragrances under Scenteritage; and hair care products, alongside mask sheets, functional cosmetics and scents. Cosmax operates through its Cosmetic Business, Custom Cosmetic and Other Business segments, serving over 600 cosmetics brands with production capabilities exceeding 3.3 billion units annually across advanced facilities equipped for emulsions, powders, lipsticks, sheet masks and automated assembly. Founded in 1992 as Miroto Korea and renamed Cosmax, Inc. in 1994, the company maintains headquarters in Hwaseong-si, South Korea, with global factories and subsidiaries in China (Shanghai and Guangzhou), the United States, Indonesia, Thailand and over 10 countries including production and sales hubs in these regions. Cosmax targets premium beauty brands such as L'Oreal and Estee Lauder, emphasizing R&D investment exceeding 7% of revenue, patented technologies, international certifications and a global supply chain for raw materials, scents and packaging. In recent developments, Cosmax announces plans to establish a subsidiary in Mumbai, India, by the end of 2025 to penetrate the $31.7 billion Indian cosmetics market under a premium strategy, while pursuing Middle East entry; the company partners with China's Jiangnan University for joint research, reports record-high Q2 2025 revenue and operating profit up 13.1% and 30.2% year-over-year driven by global expansion, Southeast Asia growth via joint collaborations, enhanced subsidiary integration and tailored regional strategies, and advances its original branding manufacturing (OBM) with successful sun care and OBM launches in Thailand.