BNC KOREA. Inc.

BNC KOREA. Inc.

KKRX:256840
2,560.00
KRW
-105.00
(-3.94%)
-94.09EPS
185.01BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
2,319.67
441.19
375.92
479.84
677.54
1,223.5
1,334.33
1,419.94
1,343.19
Basic EPS, GAAP
-10.45
15.2
325.67
-134.87
27.54
-3,349.89
-716
388
199
42
-69.52
Free Cash Flow per Basic Share
163.62
-11.49
-535.1
-101.13
-539.69
-374.09
-395.68
123.54
-20.6
-28.82
33.47
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1,838.64
1,853.41
1,561.45
588.9
702.95
962.71
2,785.64
3,157.31
3,384.76
3,416.97
3,315.42
Tangible Book Value per Share
1,838.64
1,853.41
1,507.71
582.47
697.65
952.63
2,706.9
3,081.54
3,264.6
3,263.37
3,160.45
Basic Weighted Avg Shares
1
7
7
40
52
53
62
66
67
68
68
Sales/Revenue/Turnover
- -
- -
16,681
17,668
19,438
25,249
42,303
80,997
89,230
95,899
91,185
Operating Margin (%)
- -
- -
25.96
8.37
4.88
-57.65
-23.87
7.46
15.62
1.81
-6.03
Depreciation Expense
- -
- -
920
1,067
1,854
2,944
5,107
8,126
9,279
11,373
12,126
Net Income, GAAP
-12
106
2,342
-5,401
1,424
-176,267
-44,705
25,686
13,308
2,837
-4,719
Effective Tax Rate (%)
- -
9.56
23.53
- -
- -
- -
- -
- -
15.26
52.79
- -
Profit Margin (%)
- -
- -
14.04
-30.57
7.33
-698.13
-105.68
31.71
14.91
2.96
-5.18
Working Capital
14,763
14,898
4,523
19,281
-6,057
23,586
127,822
94,930
106,435
121,872
94,895
LT Debt
1,507
1,540
5,038
9,783
6,727
35,934
12,686
302
8,606
20,380
233
Total Equity
13,222
13,328
11,229
27,577
36,993
50,663
190,098
214,206
236,490
239,536
231,687
Return on Invested Capital (%)
- -
-0.26
19.23
- -
- -
- -
- -
- -
3.94
0.3
- -
Return on Capital (%)
- -
0.92
15.18
- -
- -
- -
- -
- -
5.83
1.52
- -
Return on Common Equity (%)
- -
0.8
19.07
-27.84
4.41
-402.18
-38.11
13.06
6.06
1.22
-2.04

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6,084
11,991
25,617
LT Borrowings
20,000
14,000
- -
LT Finance Leases
380
297
233
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
68
68
Market Capitalization
306,409
251,351
185,008

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
137,168
132,849
132,677
Cash, Cash Equivalents & STI
101,200
97,205
95,257
Accounts Receivable, Net
10,488
10,492
12,337
Inventories
20,160
20,704
22,155
Total Current Liabilities
15,296
26,068
37,782
Payables & Accruals
- -
- -
- -
ST Debt
6,084
11,991
25,617
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
67.31%
1.29%
Free Cash Flow
- -
-42.51%
41.34%
Net Income, GAAP
- -
-2,567.05%
-78.68%
Sales/Revenue/Turnover
- -
41.31%
7.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,221
22,718
23,508
25,783
89,230
2025
25,420
24,631
22,276
23,572
95,899
2026
20,731
24,607
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40
5
27
127.89
199
2025
74
5
-2.74
-34.62
42
2026
-15.12
-17
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Wan-Kyu Choi
Full Time Employees
295
Sector
Retail trade
Industry
Specialty stores
Address
#405, Structure 1 Daegu DA South Korea
IPO Date
Dec 28, 2016
Business
BNC Korea Co., Ltd. is a South Korean biotechnology company primarily engaged in the research, development, manufacture, and sale of biopharmaceuticals, medical devices, and aesthetic medical products. Founded in 2007 and headquartered in Seongnam, South Korea, the company’s core product portfolio includes hyaluronic acid (HA) dermal fillers under brands such as Cutegel, Cutegel Lidocaine, and FLORE Lidocaine; biological products including antibiotics and medicinal chemicals; collagen wound dressings; anti-adhesion barrier materials; wound healing materials; skin booster fillers; lifting threads; fat dissolvers like DR.LIPO+; and additional pharmaceutical and cosmetic products. BNC Korea supplies these products across global markets, with distribution extending to over 35 countries, including regions in Russia, the Middle East, Europe, India, Brazil, and China. In recent years, BNC Korea has strategically transitioned from being chiefly a distributor to becoming a fully capable manufacturer with a focus on pharmaceutical-grade aesthetic medical devices. This transformation included the acquisition and conversion of a semiconductor plant into a state-of-the-art manufacturing and R&D facility adhering to pharmaceutical-grade standards, which are more stringent than medical device grade. The company has continued to expand its product innovation and pipeline, introducing advanced aesthetic products like the HANHEAL Exosome Facial Rejuvenation and HYALACE exosome boosters and has showcased around 26 brands in international exhibitions such as Dubai Derma 2024. Major recent corporate developments include a strategic partnership and research alliance with WizMedi Bio in 2023 focusing on the development of new botulinum toxin products and a 2022 acquisition of a 63.2% stake in Dong-in Biotech Co., Ltd., to enhance its biopharmaceutical capabilities. Additionally, BNC Korea collaborates on research and commercialization projects, such as a GLP1-agonist against diabetes and obesity in partnership with SML Biopharm. In 2025, BNC Korea obtained approval from the China National Medical Products Administration (NMPA) for several products, further consolidating its international market presence. BNC Korea operates within the pharmaceuticals and biotechnology sectors, targeting healthcare providers, medical aesthetics specialists, and global distributors. The company employs advanced manufacturing technologies and maintains a clean room system alongside sophisticated production lines for high-viscosity prefilled syringes and lyophilized products. These efforts underscore BNC Korea’s commitment to expanding its footprint in the biopharmaceutical and medical aesthetics industries while advancing cutting-edge product development and global market penetration.