1. South Korea Stocks

  2. •

    Consumer durables

  3. •

    Recreational products
GOLFZON Co., Ltd.

GOLFZON Co., Ltd.

KKRX:215000
34,200.00
KRW
-650.00
(-1.87%)
1,164.11EPS
12.13P/E
239.90BMarket Cap
Nov 18Next Earn
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
32,132.12
34,588.62
31,902.76
31,674.97
39,382.4
47,594.45
70,199.59
99,325.36
111,780.73
101,947.13
80,469.81
74,166.84
Basic EPS, GAAP
5,824
5,825
12,645
3,255
2,585
6,101
12,167
18,293
12,973
8,190
4,269
3,293.4
Free Cash Flow per Basic Share
6,319.61
4,554.89
11,524.24
2,736.44
-1,513.07
10,779.76
19,202.12
15,964.79
-4,596.8
8,184.3
10,646.57
8,011.82
Dividend per Share
- -
3,999.85
1,600.03
2,399.7
1,850.05
2,050.07
2,500.09
3,531.18
4,500.05
4,535.31
3,999.71
- -
Book Value per Share
17,354.23
19,227.34
30,174.49
31,075.41
31,892.2
35,801.34
45,890.77
59,057.96
68,089.1
73,193.27
73,254.63
73,543.09
Tangible Book Value per Share
16,379.4
18,186.58
28,926.02
29,552.79
28,709.85
32,477.74
42,574.11
50,362.42
60,683.85
67,186.66
68,969.55
69,395.04
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
201,560
216,964
200,105
198,705
247,018
298,524
440,308
617,514
685,111
619,981
483,261
445,405
Operating Margin (%)
24.6
20.16
18.72
14.17
13.15
17.29
24.45
24.08
16.72
15.46
14.09
9.48
Depreciation Expense
6,428
7,439
5,517
6,236
19,955
33,003
37,138
41,972
48,316
47,920
39,565
38,435
Net Income, GAAP
36,533
36,539
79,314
20,419
16,214
38,267
76,314
113,729
79,512
49,807
25,637
19,778
Effective Tax Rate (%)
20.01
15.95
- -
22.52
45.68
23.01
26.33
24.69
30.91
44.19
61.36
70.29
Profit Margin (%)
18.13
16.84
39.64
10.28
6.56
12.82
17.33
18.42
11.61
8.03
5.31
4.44
Working Capital
30,493
33,330
108,674
90,925
20,664
37,175
112,231
149,528
150,870
179,676
197,947
211,271
LT Debt
15,000
7,500
9,167
833
43,119
52,051
47,668
41,813
49,852
58,641
51,349
50,709
Total Equity
108,854
120,649
189,382
194,920
200,043
225,571
291,902
373,160
425,679
446,701
438,934
437,141
Return on Invested Capital (%)
- -
23.71
- -
9.85
7.33
14.06
23.1
26.37
16.06
9.92
4.89
2.39
Return on Capital (%)
- -
24.83
- -
9.63
7.12
14.6
23.73
29.37
18.5
11.54
7.67
6.53
Return on Common Equity (%)
- -
31.85
51.19
10.63
8.21
18.02
29.79
35
20.41
11.63
5.83
4.46

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
17,033
17,023
17,053
LT Borrowings
42
46
- -
LT Finance Leases
51,307
51,102
50,709
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
347,095
292,448
239,904

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
309,025
331,294
322,880
Cash, Cash Equivalents & STI
163,391
181,894
164,989
Accounts Receivable, Net
72,746
68,233
64,364
Inventories
53,449
56,544
66,457
Total Current Liabilities
111,078
137,220
111,609
Payables & Accruals
- -
- -
- -
ST Debt
17,033
17,023
17,053
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
16.06%
14.9%
-1.74%
Free Cash Flow
-123.5%
-63.21%
28.46%
Net Income, GAAP
19.07%
6.5%
-48.53%
Sales/Revenue/Turnover
11.15%
13.43%
-22.05%
Total Cash Common Dividend
- -
- -
-12.91%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
182,117
160,713
146,166
130,984
619,981
2025
129,837
121,058
120,850
111,516
483,261
2026
111,832
101,208
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,275
3,084
3,372
-1,602.36
8,190
2025
3,405
1,895
2,643.34
-3,673.59
4,269
2026
2,640.45
1,683
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4,535.31
2025
- -
- -
- -
- -
3,999.71
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kang-soo Park
Full Time Employees
526
Sector
Consumer durables
Industry
Recreational products
Address
GOLFZON Tower Seoul SL South Korea 06072
IPO Date
Apr 3, 2015
Website
company.golfzon.com
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Business
GOLFZON Co., Ltd. manufactures and sells advanced golf simulators and related solutions primarily in South Korea and internationally. The company offers a comprehensive range of simulator products including TwoVision NX, TwoVision, Vision Standard, and GDR Plus models equipped with high-precision sensors such as TwoVision Sensor and T2 Sensor; motion swing plates for realistic slope simulation; multi-surface hitting mats replicating fairway, rough, and bunker conditions; auto tee-up systems; and software supporting over 300 world-famous golf courses, network play, zero-latency multiplayer functionality up to six players, swing analysis, short game practice, and competitive leagues like the GOLFZON Tour. Additional solutions target commercial venues such as sports bars, lounges, restaurants, entertainment spaces, training facilities via partnerships like GOLFZON Range by Leadbetter, and home installations; the company also provides accessories and services including over 240 precisely scanned courses, real-time ball tracking for full shots and putts, and online member management for 5.5 million registered users across 47,000 simulators in 9,400 locations spanning 41 countries. Founded in 2000 and headquartered in Seoul, South Korea, GOLFZON operates in the electronic gaming and multimedia sector, focusing on sports technology for leisure, training, and competitive indoor golf experiences serving amateur players, professionals, businesses, and esports enthusiasts. In recent developments, GOLFZON entered a multi-year partnership with the United States Golf Association (USGA) in October 2025, becoming the Official Indoor Golf Simulator for the U.S. Open and U.S. Women’s Open starting in 2026, including co-branded events and on-site fan experiences at venues like Riviera Country Club; the company completed its acquisition of the remaining 26.37% stake in subsidiary GolfzonDeca Inc. in January 2024 for KRW 1.2 billion, following the initial 2022 purchase; ongoing expansions include GOLFZON Social entertainment venues in partnership with Troon and enhancements to competitive ecosystems like the $300,000 GOLFZON Tour Championship.