SOLUM CO. LTD.

SOLUM CO. LTD.

KKRX:248070
14,560.00
KRW
-620.00
(-4.08%)
235.32EPS
70.66P/E
769.84BMarket Cap
Nov 10Next 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
10,986.59
17,936.22
17,774.37
23,274.78
26,874.62
27,889.35
23,672.3
34,165.64
39,943.31
32,764.02
35,539.36
39,113.2
Basic EPS, GAAP
153
65
-678
-557
1,132
1,008
274
954
2,464
812
281
227.86
Free Cash Flow per Basic Share
-1,656.19
-1,266.51
-1,428.64
-1,598.99
2,138.82
-177.66
-4,880.36
-90.88
4,330.34
-2,695.29
-980.02
-1,492.92
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
484.76
1,677.15
1,088.41
627.16
1,696.5
3,178.63
5,367.59
5,958.26
8,194.58
9,043.9
11,398.18
11,906.25
Tangible Book Value per Share
-110.15
1,066.59
597.72
260.92
1,379.91
2,884.63
5,068.18
5,698
7,921.44
8,726.11
10,657.41
11,115.95
Basic Weighted Avg Shares
16
32
31
30
34
39
49
50
49
49
48
48
Sales/Revenue/Turnover
177,297
569,773
546,834
709,349
913,607
1,076,474
1,153,250
1,694,544
1,951,088
1,594,442
1,700,246
1,870,344
Operating Margin (%)
2.02
0.89
-3.41
-1.33
5.62
5.24
2.3
4.46
7.92
4.33
2.73
3.54
Depreciation Expense
3,882
15,147
18,336
21,603
24,689
25,998
27,267
37,013
38,554
45,586
45,730
38,924
Net Income, GAAP
2,469
2,065
-20,859
-16,976
38,483
38,907
13,349
47,316
120,358
39,516
13,443
10,896
Effective Tax Rate (%)
19.31
30.54
- -
- -
4.41
7.34
48.21
9.18
16.45
35.84
55.24
75.78
Profit Margin (%)
1.39
0.36
-3.81
-2.39
4.21
3.61
1.16
2.79
6.17
2.48
0.79
0.58
Working Capital
4,380
15,491
-30,092
13,952
-29,746
16,338
145,844
176,692
147,888
75,623
186,738
154,426
LT Debt
6,250
17,939
17,192
63,695
13,001
15,865
39,250
62,015
29,845
2,922
115,979
99,196
Total Equity
17,504
63,226
41,967
25,313
63,170
116,687
268,309
289,994
399,932
434,353
562,771
585,814
Return on Invested Capital (%)
- -
3.96
- -
- -
25.99
22.4
3.41
11.48
18.16
5.79
2.34
1.6
Return on Capital (%)
- -
6.13
- -
- -
26.34
19.37
3.86
10.07
19.94
6.42
2.32
1.49
Return on Common Equity (%)
- -
5.29
-41.78
-54.81
91.73
44.2
6.97
16.93
34.83
9.48
2.75
2.19

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
321,819
332,180
400,433
LT Borrowings
110,375
107,167
93,676
LT Finance Leases
5,604
5,275
5,520
Preferred Equity and Hybrid Capital
3,000
3,000
3,000
Shares Outstanding
48
48
48
Market Capitalization
793,271
784,186
769,841

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
760,407
841,563
915,871
Cash, Cash Equivalents & STI
163,219
184,633
137,065
Accounts Receivable, Net
154,582
225,234
272,936
Inventories
395,783
398,760
459,062
Total Current Liabilities
573,670
669,769
761,445
Payables & Accruals
- -
- -
- -
ST Debt
321,819
332,180
400,433
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
63.63%
42.82%
29.57%
Free Cash Flow
-203.8%
-350.01%
-64.25%
Net Income, GAAP
-126.08%
42%
-65.98%
Sales/Revenue/Turnover
35.13%
11.51%
6.64%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
384,845
393,932
472,209
343,457
1,594,442
2025
397,394
402,577
472,602
427,674
1,700,246
2026
478,222
491,847
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
245
318
245
1.43
812
2025
64
209
156.31
-147.79
281
2026
75.55
143.77
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Sung-Ho Jeon
Full Time Employees
504
Sector
Distribution services
Industry
Wholesale distributors
Address
4,5,6th F, 357, Guseong-ro Yongin-si GY South Korea 16921
IPO Date
Feb 2, 2021
Business
Solum Co., Ltd. is a South Korean electronics manufacturer specializing in power modules, digital tuners, and electronic shelf labels (ESLs). The company operates primarily in two segments: Electronic Components and Information and Communication Technology (ICT). Its product portfolio includes switching mode power supplies for televisions, adapters for mobile devices, power modules for servers, LED power modules, 3-in-1 boards, tuners, travel chargers, TV and monitor displays, data system and LED power supply units, IoT products, CE-WiFi solutions, and advanced ESLs. Founded in 2015 as a spin-off from Samsung Electro-Mechanics, Solum is headquartered in Yongin-si, South Korea, and markets its products internationally, serving over 50,000 stores across more than 45 countries. Recent strategic developments include the acquisition of GDK cosmetics business, expanding Solum's market presence and diversifying its revenue streams, with earnings improvement expected from the third quarter onward. Additionally, Solum has embarked on comprehensive ESG management since 2024, instituting an ESG committee, publishing a sustainability report, and prioritizing eco-friendly initiatives such as low-power product development, renewable energy adoption in production facilities, and expanding its green product offerings like solar-powered ESLs and electric vehicle charging solutions. The company also announced an equity buyback program worth KRW 20 billion in 2024, reflecting a commitment to shareholder value. Solum’s competitive positioning benefits from its proprietary ESL manufacturing capabilities, which enable rapid production and high-quality standards. Its global operations include offices in key markets such as the United States, Germany, India, and Japan. Under the leadership of CEO Jeon Seong-ho, Solum continues to focus on innovation in retail technology and electronic components, leveraging its extensive know-how in wireless communication and digital transformation to enhance retail operations worldwide. The company is publicly traded on the Korea Stock Exchange under the ticker 248070.KS.