Asia Pacific Satellite Inc.

Asia Pacific Satellite Inc.

KKRX:211270
8,310.00
KRW
+1,310.00
(+18.71%)
-219.68EPS
130.66BMarket Cap
Nov 05Next 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
3,681.91
3,742.85
1,977.33
2,292.96
3,029.23
3,262.26
3,233.23
2,839.31
3,773.02
3,474.28
4,121.14
3,366.02
2,249.99
Basic EPS, GAAP
750
904
473.07
5
-47
51
-97
99
287
739
733
-195
-219.68
Free Cash Flow per Basic Share
1,025.35
433.13
-162.22
510.21
-93.54
147.02
1,089.54
-115.49
530.9
1,731.41
-759.75
-875.24
-149.61
Dividend per Share
- -
- -
- -
- -
- -
- -
70.25
69.71
52.46
70.02
70.03
- -
- -
Book Value per Share
2,963.17
3,857.29
5,885.64
5,876.28
5,806.39
5,839.96
5,666.49
5,714.36
5,996.63
6,680.01
7,392.65
7,297.35
7,174.98
Tangible Book Value per Share
2,933.21
3,832.74
4,982.9
4,992.78
5,102.94
5,567.09
5,654.48
5,706.52
5,991.15
6,676.36
7,390.21
7,293.06
7,171.27
Basic Weighted Avg Shares
9
10
13
13
14
14
14
14
14
14
14
14
14
Sales/Revenue/Turnover
34,571
36,468
24,891
30,048
42,844
45,653
45,379
40,202
53,604
49,434
58,632
47,812
32,058
Operating Margin (%)
24.81
24.67
6.51
9.06
2.06
15.6
9.65
2.09
8.38
20.37
12.45
-9
-20.32
Depreciation Expense
590
706
736
810
827
872
794
724
543
524
632
755
1,216
Net Income, GAAP
7,042
8,808
5,955
66
-665
714
-1,361
1,402
4,077
10,515
10,428
-2,770
-3,130
Effective Tax Rate (%)
18.36
16.73
18.45
18.31
- -
72.44
268.25
21.94
22.21
21.33
22.43
- -
- -
Profit Margin (%)
20.37
24.15
23.92
0.22
-1.55
1.56
-3
3.49
7.61
21.27
17.79
-5.79
-9.76
Working Capital
20,617
29,545
60,751
62,597
64,573
67,412
69,716
71,146
74,269
80,613
87,466
78,626
72,826
LT Debt
- -
- -
- -
- -
- -
120
144
57
51
172
161
136
106
Total Equity
28,867
37,578
80,682
82,052
81,501
82,259
79,901
81,105
85,351
95,078
105,221
103,864
102,123
Return on Invested Capital (%)
- -
22.27
2.24
2.75
- -
2.4
-9.05
0.82
4.19
8.68
5.58
- -
- -
Return on Capital (%)
- -
26.51
10.09
0.08
- -
0.87
-1.69
1.74
4.9
11.63
10.39
- -
- -
Return on Common Equity (%)
- -
26.51
10.07
0.08
-0.81
0.87
-1.68
1.74
4.9
11.66
10.41
-2.65
-3.05

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
171
179
169
LT Borrowings
- -
- -
- -
LT Finance Leases
136
145
106
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
180,334
223,888
130,660

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
99,867
95,605
99,034
Cash, Cash Equivalents & STI
70,137
68,516
69,879
Accounts Receivable, Net
5,336
824
5,681
Inventories
16,486
18,694
20,518
Total Current Liabilities
21,242
21,116
26,208
Payables & Accruals
- -
- -
- -
ST Debt
171
179
169
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.13%
5.51%
-1.29%
Free Cash Flow
-88.2%
-114.83%
15.02%
Net Income, GAAP
-172.55%
3.69%
-126.56%
Sales/Revenue/Turnover
5.18%
2.86%
-18.45%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14,163
5,021
12,759
26,688
58,632
2025
10,215
16,367
5,360
15,871
47,812
2026
4,067
6,760
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
289
6
173
264.03
733
2025
-10
-161
-108.82
84.99
-195
2026
-90.64
-105
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
70.03
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sung-Hee Lee
Full Time Employees
183
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Seoul South Korea
IPO Date
Apr 4, 2016
Website
apsi.co.kr
Business
Asia Pacific Satellite Inc. is a South Korea-based aerospace and telecommunications company that specializes in the design, development, manufacturing, and supply of satellite communication devices and aerospace system components. Founded in 2000 and headquartered in Seoul, South Korea, the company operates primarily through two core business divisions: Satellite Communications and Satellite Systems. The Satellite Communications division develops and manufactures handheld satellite mobile phones, dual-mode satellite-cellular smartphones, and maritime communication terminals; Machine-to-Machine (M2M) and Internet of Things (IoT) satellite modules; broadband data modems; and tactical military communication systems, including Link-K data link modems and TETRA communication equipment. The Satellite Systems division designs and produces space-grade standard on-board computers (OBCs) for low Earth orbit and deep-space missions; high-speed solid-state data recorders (SSRs) and payload data processing units; microsatellite avionics; satellite bus subsystems; and Electrical and Mechanical Ground Support Equipment (EGSE/MGSE). In addition, the company provides satellite assembly, integration, and testing (AIT) engineering services, as well as space payload integration support. Asia Pacific Satellite Inc. serves commercial satellite network operators, defense contractors, and government space agencies across the Asia-Pacific region, the Middle East, and global export markets, serving as a primary terminal development and manufacturing partner for UAE-based Thuraya Telecommunications Company, while collaborating extensively with the Korea Aerospace Research Institute (KARI), the Agency for Defense Development (ADD), Korea Aerospace Industries (KAI), and Hanwha Systems on strategic programs, including the Korea Positioning System (KPS), the CAS500 satellite series, and defense reconnaissance satellite projects. In June 2024, space ground station and data analytics provider CONTEC Co., Ltd. acquired a controlling equity stake in Asia Pacific Satellite Inc. to vertically integrate upstream satellite bus and terminal manufacturing with downstream space data services. In March 2026, the company entered into a contract with Hanwha Systems to provide space-qualified on-board computers and electrical ground support equipment for the Ultra-High-Resolution (UHR) small Synthetic Aperture Radar (SAR) test satellite development program.