1. South Korea Stocks

  2. •

    Finance

  3. •

    Investment managers
UST Co., Ltd.

UST Co., Ltd.

KKRX:263770
1,492.00
KRW
-40.00
(-2.61%)
159.31EPS
9.70P/E
36.35BMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2,509.52
2,223.84
2,224.37
2,154.29
2,805.71
4,249.36
4,215.03
3,116.96
2,466.49
2,732.9
Basic EPS, GAAP
214
51
108
205
238
533
498
229
104
159.31
Free Cash Flow per Basic Share
232.05
-409.56
377.68
-224.42
432.88
232.14
696.31
145.39
228.82
41.97
Dividend per Share
- -
- -
- -
- -
- -
- -
99.96
100.12
60.03
- -
Book Value per Share
13,615.57
1,864.7
1,972.84
2,178.16
2,416.53
2,949.41
3,347.59
3,476.32
3,520.76
3,571.92
Tangible Book Value per Share
13,613.74
1,864.57
1,972.77
2,178.15
2,416.53
2,949.41
3,347.59
3,476.32
3,520.76
3,571.92
Basic Weighted Avg Shares
20
22
24
24
24
24
24
23
24
23
Sales/Revenue/Turnover
50,224
49,613
52,365
50,734
66,070
99,891
99,143
73,202
57,967
64,188
Operating Margin (%)
10.29
6.92
7.28
11.13
11.08
16.22
14.19
9.19
4.02
6.3
Depreciation Expense
1,530
1,677
1,896
1,806
1,958
2,113
2,252
2,166
1,777
1,730
Net Income, GAAP
4,283
1,138
2,543
4,828
5,605
12,529
11,714
5,378
2,444
3,742
Effective Tax Rate (%)
21.6
34.67
19.98
20.99
22.19
23.13
20.99
20.46
20.26
20.17
Profit Margin (%)
8.53
2.29
4.86
9.52
8.48
12.54
11.81
7.35
4.22
5.83
Working Capital
12,973
20,192
24,323
28,956
27,858
39,573
49,620
52,574
55,856
54,947
LT Debt
806
- -
33
182
57
349
419
315
- -
- -
Total Equity
35,469
43,844
46,387
51,214
56,819
69,348
78,711
81,737
82,782
83,985
Return on Invested Capital (%)
- -
4.06
4.96
7.18
8.77
16.93
12.61
5.91
2.17
3.62
Return on Capital (%)
- -
2.61
4.84
8.13
8.89
17.78
14.4
6.86
3.01
4.24
Return on Common Equity (%)
- -
2.87
5.64
9.89
10.38
19.86
15.82
6.7
2.97
4.52

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
990
6,246
5,585
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
44,745
44,674
36,351

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
60,681
63,408
63,647
Cash, Cash Equivalents & STI
32,008
33,568
34,009
Accounts Receivable, Net
7,768
7,355
9,133
Inventories
20,639
21,834
20,495
Total Current Liabilities
4,825
10,415
8,700
Payables & Accruals
- -
- -
- -
ST Debt
990
6,246
5,585
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.32%
1.28%
Free Cash Flow
- -
-32.18%
57.49%
Net Income, GAAP
- -
4.9%
-54.55%
Sales/Revenue/Turnover
- -
6.74%
-20.81%
Total Cash Common Dividend
- -
- -
-40%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,056
18,624
16,506
19,593
73,202
2025
14,199
13,867
15,372
14,528
57,967
2026
15,983
18,303
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
52
86
80
17.17
229
2025
36
18
47.6
0.37
104
2026
40.47
71
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
100.12
2025
- -
- -
- -
- -
60.03
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jong-Shik Kim
Full Time Employees
79
Sector
Finance
Industry
Investment managers
Address
Pohang-si South Korea
IPO Date
Apr 6, 2017
Website
u-st.co.kr
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Business
UST Co., Ltd. manufactures and distributes stainless steel pipes and tubes for industrial, structural, and high-precision technology applications in South Korea and internationally. The company operates in the steel manufacturing industry, providing welded and precision-processed stainless steel tube solutions across multiple market sectors. Its core product portfolio comprises general fluid piping and structural tubes; boiler, condenser, and heat exchanger tubes; Bright Annealed (BA) tubes; Electro-Polished (EP) tubes engineered for ultra-high-purity gas and chemical distribution lines in semiconductor and display fabrication facilities; sanitary stainless piping for the food, beverage, and biopharmaceutical industries; heavy-wall corrosion-resistant industrial pipes for oil, gas, petrochemical, and power generation plants; dual containment piping systems; and specialty tubing for automotive exhaust systems, shipbuilding, and industrial machinery. In recent developments, UST Co., Ltd. has strategically expanded its high-value-added clean piping business to supply next-generation ultra-clean tube assemblies for advanced semiconductor manufacturing and electric vehicle battery production lines. The company has also advanced the commercialization of high-pressure and cryogenic-resistant piping materials designed for hydrogen fueling infrastructure and renewable energy systems. To accommodate growing industrial demand and international compliance standards, the company has upgraded its cleanroom and surface-treatment manufacturing capabilities at its Pohang production complex while securing global quality, environmental, and pressure equipment certifications to expand its export presence across North America, Europe, and Asia. Founded in 2009, UST Co., Ltd. is headquartered in Pohang, South Korea, and is listed on the Korea Exchange under the ticker 263770.