KANGDONG C&L co. Ltd

KANGDONG C&L co. Ltd

KKRX:198440
1,315.00
KRW
-2.00
(-0.15%)
11.17EPS
140.97P/E
95.89BMarket Cap
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
- -
- -
3,795.61
3,231.28
2,247.09
2,213.41
2,194.59
2,052.8
2,188.75
1,578.88
1,210.7
1,205.47
1,205.66
Basic EPS, GAAP
16
27
344
37
149
106
139
145
-243
-495
-197
11
11.17
Free Cash Flow per Basic Share
-8.08
36.23
-132.22
41.78
-79.79
-66.71
157.31
288.41
-707.91
-391.22
230.49
39.98
105.96
Dividend per Share
- -
- -
- -
- -
51.19
34.93
15
14.99
15.02
- -
- -
- -
- -
Book Value per Share
1,931.36
1,957.91
9,068.64
2,666.83
2,705.16
2,765.65
2,888.13
3,663.26
3,418.84
2,882.94
2,206.36
2,208.36
2,202.71
Tangible Book Value per Share
1,931.36
1,957.91
8,935.51
2,635.04
2,686.64
2,747.48
2,870.21
3,645.58
3,401.39
2,882.94
2,205.82
2,207.35
2,201.47
Basic Weighted Avg Shares
4
7
23
27
31
32
32
32
32
32
39
60
61
Sales/Revenue/Turnover
- -
- -
89,106
87,660
70,065
70,922
70,183
65,673
69,905
50,523
47,383
71,843
73,187
Operating Margin (%)
- -
- -
9.83
3.44
3.8
-0.64
6.1
5.63
-18.07
-34.06
11.71
10.3
9.63
Depreciation Expense
- -
- -
1,884
2,439
2,494
2,415
2,388
2,184
2,247
2,542
5,279
8,666
8,335
Net Income, GAAP
68
186
8,076
1,004
4,646
3,396
4,445
4,639
-7,761
-15,840
-7,710
656
678
Effective Tax Rate (%)
22
11.53
18.95
41.97
26.17
28.52
24.82
23.57
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
9.06
1.15
6.63
4.79
6.33
7.06
-11.1
-31.35
-16.27
0.91
0.93
Working Capital
14,884
- -
18,149
15,417
20,354
18,592
28,047
37,000
29,950
8,094
-145,962
-183,820
-172,373
LT Debt
1,294
1,338
1,384
3,658
914
- -
1,338
1,278
1,341
1,273
61,152
25,170
35,156
Total Equity
13,520
13,705
63,481
77,394
86,511
88,445
92,362
117,151
109,334
92,196
134,278
134,447
134,103
Return on Invested Capital (%)
- -
-0.3
17.79
2.26
2.07
-0.32
3.3
2.65
- -
- -
- -
- -
- -
Return on Capital (%)
- -
1.51
20.23
1.45
5.26
3.68
4.66
4.4
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
1.37
20.93
1.43
5.67
3.88
4.92
4.43
-6.85
-15.72
-6.81
0.49
0.51

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
35,409
43,307
20,079
LT Borrowings
25,152
15,205
35,097
LT Finance Leases
19
48
59
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
61
61
61
Market Capitalization
66,238
68,369
95,887

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,750
11,357
13,455
Cash, Cash Equivalents & STI
2,218
100
900
Accounts Receivable, Net
9,940
8,668
10,530
Inventories
860
1,050
1,184
Total Current Liabilities
197,570
204,939
185,828
Payables & Accruals
- -
- -
- -
ST Debt
35,409
43,307
20,079
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
45.38%
10.05%
0.13%
Free Cash Flow
-270.19%
-110.38%
-73.59%
Net Income, GAAP
420.53%
-63.74%
-108.5%
Sales/Revenue/Turnover
- -
3.54%
51.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,023
6,554
19,578
17,228
47,383
2025
11,555
19,302
21,692
19,294
71,843
2026
12,545
19,655
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-28
-8
105
-322.34
-197
2025
-31.49
26
14.09
3.03
11
2026
-32.66
27
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
130
Sector
Non-energy minerals
Industry
Construction materials
Address
Jangseong-gun South Korea
IPO Date
Aug 13, 2014
Business
KANGDONG C&L Co., Ltd., formerly known as Koryo Cement Co., Ltd., is a South Korea-based corporate entity operating across the building materials, leisure and hospitality, and real estate development sectors. Originally established in 1962 and headquartered in Jangseong-gun, Jeollanam-do, South Korea, the company operates as an affiliate of the Kangdong Group, supplying foundational construction materials across South Korea while managing commercial leisure assets. The company operates through two core business segments: Construction Materials and Leisure. In its Construction Materials division, KANGDONG C&L produces and distributes industrial binding and aggregate solutions, including ordinary Portland cement (OPC); blast-furnace slag cement (blended cement); ground granulated blast-furnace slag (GGBFS) powder; fly ash; specialty cements; ready-mixed concrete (remicon); and crushed stone aggregates for civil engineering, commercial construction, and residential development projects. In its Leisure division, the company manages major tourism and recreational facilities in Gyeongju, Gyeongsangbuk-do, providing services that include condominium lodging and hospitality at Kangdong Resort (formerly Blue One Resort); 27-hole championship golf course operations at Kangdong The Honors Country Club; indoor and outdoor water park entertainment at Kangdong Water Park; and corporate banquet, dining, and wellness amenities. In recent corporate developments, the company officially rebranded from Koryo Cement Co., Ltd. to KANGDONG C&L Co., Ltd. in June 2024 to signify its dual strategic focus on Cement and Leisure. In July 2024, the company executed a major business expansion by acquiring the Blue One Gyeongju leisure business complex from the Taeyoung Group for approximately KRW 132 billion. Additionally, following the permanent decommissioning of its historic clinker production facility in Jangseong in 2023 to optimize operational efficiencies and resolve regional environmental concerns, KANGDONG C&L transitioned its materials business toward distribution logistics and slag blending while advancing urban redevelopment initiatives for the former factory site in partnership with local municipal authorities.