KENCOA AEROSPACE CORPORATION

KENCOA AEROSPACE CORPORATION

KKRX:274090
10,220.00
KRW
+140.00
(+1.39%)
-842.13EPS
167.97BMarket Cap
Nov 12Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3,985.48
7,415.7
9,154.37
3,764.87
4,826.44
6,289.47
7,195.7
6,671.87
5,840.62
7,148.6
Basic EPS, GAAP
-1,024
-2,428
-1,496
-1,111
-1,734.01
269
-146
-597
-1,183
-842.17
Free Cash Flow per Basic Share
-1,532.03
-4,046.71
-1,707.49
-2,092
-1,262.7
-762.19
-1,030.94
-3,701.59
-2,307.78
-680.68
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
151.01
298.17
291.57
Book Value per Share
-353.31
-1,720.66
4,309.23
3,986.75
2,169.4
3,114.71
4,568.9
14,188.45
12,228.52
12,617.65
Tangible Book Value per Share
-1,613.11
-3,101.4
2,869.51
2,730.81
1,315.82
2,222.95
3,718.87
13,437.87
11,434.25
11,728.43
Basic Weighted Avg Shares
4
4
5
8
11
12
13
13
13
13
Sales/Revenue/Turnover
15,008
28,937
46,299
31,647
54,682
75,855
91,143
86,154
76,394
95,618
Operating Margin (%)
-15.7
-3.17
2.21
-23.47
-25.18
10.53
0.96
-6.21
-12.08
-6.41
Depreciation Expense
1,940
1,849
2,921
3,413
4,196
4,766
5,272
6,181
7,507
8,710
Net Income, GAAP
-3,856
-9,474
-7,566
-9,339
-19,646
3,244
-1,849
-7,709
-15,473
-11,265
Effective Tax Rate (%)
- -
- -
- -
- -
- -
22.13
- -
- -
- -
- -
Profit Margin (%)
-25.69
-32.74
-16.34
-29.51
-35.93
4.28
-2.03
-8.95
-20.25
-11.78
Working Capital
-13,790
-18,985
13,118
10,210
-8,867
-5,411
14,648
109,033
78,393
82,973
LT Debt
8,928
21,838
18,088
20,461
17,463
16,938
16,556
15,963
28,986
29,664
Total Equity
-1,035
-11,420
33,683
37,240
25,564
38,148
58,411
183,319
160,351
173,254
Return on Invested Capital (%)
- -
- -
- -
- -
- -
8.02
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
8.19
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
-26.9
-63.32
10.18
-3.83
-6.38
-9.01
-6.49

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
25,658
16,690
15,340
LT Borrowings
19,697
19,183
20,884
LT Finance Leases
9,289
9,027
8,780
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
14
14
Market Capitalization
233,002
275,836
167,972

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
116,754
116,739
114,246
Cash, Cash Equivalents & STI
30,866
27,463
26,927
Accounts Receivable, Net
17,812
23,431
21,334
Inventories
62,120
60,832
60,967
Total Current Liabilities
38,361
30,622
31,273
Payables & Accruals
- -
- -
- -
ST Debt
25,658
16,690
15,340
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
54.46%
-12.53%
Free Cash Flow
- -
43.37%
-36.85%
Net Income, GAAP
- -
50.89%
100.72%
Sales/Revenue/Turnover
- -
22.97%
-11.33%
Total Cash Common Dividend
- -
- -
100%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,452
23,143
23,372
19,187
86,154
2025
16,884
21,590
17,763
20,158
76,394
2026
29,224
28,474
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-148
32
-21
-460.06
-597
2025
-29
-269
-215.36
-741.31
-1,183
2026
69.32
24.23
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
151.01
2025
74.27
102.62
74.4
74.4
298.17
2026
71.97
70.93
- -
- -
- -

Company Description

CEO
Min Kyu Lee
Full Time Employees
297
Sector
Electronic technology
Industry
Aerospace & defense
Address
Sacheon-si South Korea
IPO Date
Mar 3, 2020
Website
kencoa.com
Business
Kencoa Aerospace Corporation is a South Korea-based aerospace and defense manufacturing company that specializes in the design, engineering, precision machining, and assembly of aerostructures, space launch vehicle components, aircraft modification solutions, and specialized aerospace raw materials. Founded in 2013 and headquartered in Sacheon, South Korea, the company operates integrated manufacturing and distribution facilities across South Korea and the United States, serving global commercial aircraft original equipment manufacturers (OEMs), defense prime contractors, space exploration enterprises, and air cargo operators. The company provides a comprehensive portfolio of products and services, including precision aerostructures and structural assemblies such as fuselage panels, wing ribs, empennage components, cockpit structural frames, and engine nacelle hardware for commercial and military aircraft; specialized aerospace raw materials processing and distribution, supplying certified titanium alloys, aluminum sheets and plates, Inconel, stainless steel, and high-performance nickel-based superalloys through its North American distribution network; passenger-to-freighter (P2F) aircraft conversion solutions and maintenance, repair, and overhaul (MRO) engineering services, featuring main deck cargo door surround structures, floor grid reinforcements, and structural conversion kits for wide-body and narrow-body aircraft; space launch system hardware, including cryogenic propellant tank structural parts, rocket engine mounting brackets, interstage fairings, and structural assemblies for commercial and national space launch vehicles; and advanced air mobility (AAM) and urban air mobility (UAM) systems, encompassing lightweight composite airframes, electric vertical take-off and landing (eVTOL) structural prototypes, and autonomous cargo drone platforms. The company maintains international operations through U.S. subsidiaries, including Kencoa Aerospace LLC and California Metal & Supply Inc., providing specialized manufacturing and materials logistics across North America. In recent developments, Kencoa Aerospace Corporation has expanded its passenger-to-freighter cargo conversion operations through multi-year structural component supply contracts with global aerospace partners, including Israel Aerospace Industries (IAI) for Boeing 777 and 737 P2F conversion programs; broadened its participation in the global space sector by securing manufacturing contracts for launch vehicle hardware supporting commercial space missions and the NASA Space Launch System (SLS) supply chain; accelerated its entry into next-generation air mobility through strategic partnerships and South Korean government consortium projects focused on developing and flight-testing eVTOL aircraft airframes; and expanded multi-axis machining and automated composite fabrication capacity across its Korean and U.S. production facilities to accommodate rising commercial aviation and defense production demands.