Sangshin Electronics Co., Ltd.

Sangshin Electronics Co., Ltd.

KKRX:263810
2,600.00
KRW
+15.00
(+0.58%)
84.44EPS
33.99P/E
45.69BMarket Cap
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
29,850.06
6,417.33
7,217.39
7,008.23
5,755.5
6,089.51
7,248.67
7,820.94
7,695.06
8,780.36
8,490.15
8,310.97
Basic EPS, GAAP
1,444.16
464.1
393.69
165.86
175.72
146
146
79
157
169
114
84.44
Free Cash Flow per Basic Share
2,265.15
-143.32
225.61
-543.44
-12.68
-220.13
-320.88
-448.88
124.67
27.28
95.52
-322.68
Dividend per Share
- -
277.55
108.73
172.06
48.44
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1,162.08
1,309.38
2,247.07
2,661.6
2,424.25
2,537.98
2,749.01
2,890.64
3,047.57
3,277.62
3,315.23
3,375.58
Tangible Book Value per Share
1,158.91
1,306.21
2,243.9
2,658.02
2,421.19
2,534.92
2,745.95
2,887.58
3,044.52
3,274.57
3,300.42
3,360.77
Basic Weighted Avg Shares
2
11
12
12
14
14
14
14
14
14
15
16
Sales/Revenue/Turnover
67,049
72,066
84,969
83,048
81,975
86,519
102,968
111,345
109,704
124,972
129,140
130,103
Operating Margin (%)
7.96
9.23
7.2
3.59
3.63
3.54
1.32
0.76
1.41
1.7
1.98
0.8
Depreciation Expense
412
438
429
536
1,048
1,175
1,196
1,218
1,815
1,988
2,113
2,128
Net Income, GAAP
3,244
5,212
4,635
1,965
2,503
2,074
2,074
1,125
2,238
2,405
1,734
1,322
Effective Tax Rate (%)
28.85
10.9
16.23
24.86
11.96
13.66
7.05
12.66
13.16
21.51
13.29
14.17
Profit Margin (%)
4.84
7.23
5.45
2.37
3.05
2.4
2.01
1.01
2.04
1.92
1.34
1.02
Working Capital
8,378
10,377
20,588
24,255
25,131
24,786
30,327
25,413
22,120
25,486
32,022
32,504
LT Debt
1,000
1,100
- -
- -
352
1,450
5,590
4,293
56
126
334
321
Total Equity
15,993
18,021
30,926
32,408
34,524
36,144
39,149
41,166
43,401
46,677
52,782
53,743
Return on Invested Capital (%)
- -
22.05
14.62
5.62
6.25
5.8
2.48
1.29
2.11
2.48
3.32
1.3
Return on Capital (%)
- -
21.35
14.53
5.76
6.93
5.31
4.9
3.11
5.1
4.95
3.56
2.54
Return on Common Equity (%)
- -
30.65
18.94
6.21
7.48
5.87
5.51
2.8
5.29
5.34
3.49
2.62

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
13,650
13,029
15,849
LT Borrowings
- -
- -
- -
LT Finance Leases
340
334
321
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
47,684
49,117
45,694

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
65,950
65,290
70,848
Cash, Cash Equivalents & STI
11,929
11,423
10,910
Accounts Receivable, Net
25,181
24,850
28,997
Inventories
27,783
27,316
29,067
Total Current Liabilities
33,539
33,268
38,344
Payables & Accruals
- -
- -
- -
ST Debt
13,650
13,029
15,849
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.98%
7.9%
13.08%
Free Cash Flow
95.01%
30.83%
274.15%
Net Income, GAAP
3.5%
6.56%
-27.91%
Sales/Revenue/Turnover
7.03%
8.59%
3.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30,750
34,193
28,271
31,757
124,972
2025
34,492
31,663
32,351
30,634
129,140
2026
35,456
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
55
40
-27
101.07
169
2025
45
-28.56
80.56
14.67
114
2026
14.43
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Seung-Cheon Kim
Full Time Employees
118
Sector
Electronic technology
Industry
Electronic production equipment
Address
Gimhae-si South Korea
IPO Date
Oct 16, 2017
Business
Sangshin Electronics Co., Ltd. is a South Korea-based company primarily engaged in the development, manufacturing, and distribution of electromagnetic interference (EMI) noise filters, active reactors, and magnetic coil components for consumer appliances, automotive electronics, and renewable energy applications. Founded in 1988 and headquartered in Gimhae, Gyeongsangnam-do, South Korea, the company operates in the electronic passive components and industrial equipment sector, serving major consumer electronics original equipment manufacturers (OEMs) and automotive tier-1 suppliers globally. The company offers a comprehensive range of electrical and power management products, which includes EMI and Noise Filters, comprising single-phase noise filters, three-phase industrial EMI filters, PCB-mounted filters, inlet-type power filters, and high-frequency noise suppression modules engineered to reduce electromagnetic disturbance across residential and industrial equipment; Reactors, comprising active power factor correction (PFC) reactors, AC/DC inverter reactors, smoothing reactors, and boost inductors designed for energy-efficient inverter air conditioners, refrigerators, washing machines, and heat pump systems; Magnetic Coils and Chokes, comprising common-mode choke coils, differential-mode coils, toroidal inductors, and specialized ferrite-core transformer assemblies utilized in power conversion and signal conditioning circuits; and Automotive and Eco-Friendly Vehicle Components, comprising on-board charger (OBC) reactors, low-voltage DC-DC converter (LDC) inductors, high-current automotive inductors, and specialized EMI suppression filters engineered for battery electric vehicles (BEVs), hybrid electric vehicles (HEVs), and electric vehicle supply equipment (EVSE). Sangshin Electronics supplies its products to leading electronics manufacturers, including Samsung Electronics and LG Electronics, as well as global automotive system integrators. The company conducts business domestically in South Korea and internationally, operating overseas manufacturing and distribution subsidiaries, notably Sangshin Electronics Vietnam Co., Ltd. in Ha Nam Province, Vietnam, and Qingdao Sangshin Electronics Co., Ltd. in China, alongside commercial channels servicing markets across Asia, Europe, and North America. In recent strategic and operational developments, Sangshin Electronics has diversified its core business beyond traditional home appliance components into high-growth automotive electronics and clean energy sectors. The company has advanced its automotive product portfolio by qualifying and mass-producing high-efficiency reactors and inductors for electric vehicle power conversion units, including on-board chargers and low-voltage converters for electrified vehicle platforms. To support growing international customer demand and optimize production costs, Sangshin Electronics has expanded and automated the manufacturing capacity of its primary overseas production hub in Vietnam. Furthermore, the company has introduced high-capacity industrial power reactors and specialized filtering solutions tailored for solar photovoltaic (PV) inverters and energy storage systems (ESS), expanding its footprint in sustainable energy infrastructure.