1. South Korea Stocks

  2. •

    Electronic technology

  3. •

    Computer peripherals
UNION biometrics Co., Ltd.

UNION biometrics Co., Ltd.

KKRX:203450
2,570.00
KRW
-40.00
(-1.53%)
117.10EPS
26.17P/E
36.69BMarket 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
2,996.38
3,667.23
3,417
2,589.87
2,556.25
2,994.6
3,262.55
2,915.08
3,562.34
3,984.86
4,563.72
4,262.15
4,167.65
Basic EPS, GAAP
57
192
458
125
253
299
163
176
166
238
398
167
117.1
Free Cash Flow per Basic Share
-204.79
-75.35
-44.74
69.51
160.8
241.05
448.58
59.71
-207.16
605.55
846.28
-1,052.5
68.29
Dividend per Share
- -
- -
- -
- -
68.31
68.86
69.26
69.64
- -
1.67
72.3
71.22
-1.33
Book Value per Share
503.38
1,000.38
2,162.26
2,224.4
2,345.54
2,576.32
2,653.5
2,701.63
2,862.65
3,086.82
3,409.17
3,466.18
3,402.96
Tangible Book Value per Share
291.14
826.39
2,031.01
2,107.04
2,233.42
2,469.81
2,556.3
2,612.19
2,777.52
2,895.57
3,207.96
3,254.2
3,191.13
Basic Weighted Avg Shares
11
12
12
14
14
14
13
13
13
13
12
12
12
Sales/Revenue/Turnover
32,791
42,765
40,564
37,342
35,975
40,990
43,790
39,023
46,253
51,383
56,746
51,324
49,893
Operating Margin (%)
1.65
4.75
12.59
5.99
8.99
8.5
5.37
0.86
2.89
3.07
5.01
1.99
-1.32
Depreciation Expense
811
948
983
1,146
1,174
1,316
1,243
1,230
1,065
1,004
903
1,063
1,116
Net Income, GAAP
624
2,239
5,437
1,802
3,561
4,093
2,188
2,356
2,155
3,069
4,949
2,011
1,402
Effective Tax Rate (%)
- -
- -
7.24
- -
6.01
4.22
- -
- -
- -
- -
5.21
- -
- -
Profit Margin (%)
1.9
5.24
13.4
4.83
9.9
9.98
5
6.04
4.66
5.97
8.72
3.92
2.81
Working Capital
-1,734
6,956
24,336
20,632
19,179
22,006
22,432
23,530
24,020
23,456
29,196
26,104
24,833
LT Debt
805
4,700
7,000
4,000
1,000
1,334
402
323
279
325
177
479
456
Total Equity
5,442
11,609
31,684
31,396
32,399
34,575
35,562
35,701
36,944
39,837
41,981
41,493
40,736
Return on Invested Capital (%)
- -
- -
13.76
- -
7.49
7.96
- -
- -
- -
- -
5.48
- -
- -
Return on Capital (%)
- -
- -
16.56
- -
9.07
9.94
- -
- -
- -
- -
10.53
- -
- -
Return on Common Equity (%)
- -
26.14
25.07
5.7
11.14
12.2
6.23
6.61
5.93
7.99
12.1
4.82
3.42

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
8,379
8,362
9,846
LT Borrowings
- -
- -
- -
LT Finance Leases
555
479
456
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
37,827
37,289
36,690

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
41,513
39,675
40,382
Cash, Cash Equivalents & STI
4,529
7,702
6,643
Accounts Receivable, Net
13,723
12,119
11,840
Inventories
17,307
17,442
17,158
Total Current Liabilities
15,073
13,571
15,549
Payables & Accruals
- -
- -
- -
ST Debt
8,379
8,362
9,846
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.07%
3.18%
-1.16%
Free Cash Flow
-117.35%
-219.85%
-220.45%
Net Income, GAAP
18.54%
8.69%
-59.36%
Sales/Revenue/Turnover
2.36%
3.93%
-9.55%
Total Cash Common Dividend
- -
- -
-4.6%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,745
10,038
11,066
25,897
56,746
2025
12,841
11,830
13,214
13,439
51,324
2026
11,410
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-9
40
69
302.67
398
2025
75
-16.58
70.61
37.36
167
2026
25.72
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
69.91
0.07
- -
-2.66
72.3
2025
- -
- -
-1.33
- -
71.22
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yo-Shik Shin
Full Time Employees
151
Sector
Electronic technology
Industry
Computer peripherals
Address
12F, Daemyung Valeon Building, 127 Beobwon-ro Seoul SL South Korea 5836
IPO Date
Dec 7, 2016
Website
unioncomm.co.kr
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Business
UNION biotec Co., Ltd. (KOSDAQ: 203450) develops and manufactures biometric authentication solutions and related security products. The company offers fingerprint recognition modules, facial recognition systems, iris recognition devices, and vein authentication technologies; it also provides biometric payment solutions, access control systems, and embedded biometric software platforms for integration into mobile devices, financial terminals, and smart cards. UNION biotec serves enterprise customers, financial institutions, and government sectors with customized biometric solutions emphasizing high accuracy, speed, and anti-spoofing capabilities. Founded in 2003 and headquartered in Seongnam, South Korea, the company operates primarily in the Asia-Pacific region, with expanding presence in Europe and North America through distribution partnerships. Its product portfolio includes branded lines such as UNION fingerprint sensors used in banking ATMs and mobile FIDO-compliant authenticators for secure transactions. In the past two years, UNION biotec completed a strategic merger with UNION Communication Co., Ltd. in 2023, enhancing its RFID and communication technology integration into biometric offerings; it secured a KRW 15 billion funding round in late 2024 led by Korea Investment Partners to accelerate AI-enhanced facial recognition development. The company launched its next-generation multi-modal biometric platform in Q3 2025, combining fingerprint, face, and iris for enterprise security markets, and formed a key alliance with a major Chinese fintech firm for cross-border payment authentication deployment.