TSI Co.,Ltd

TSI Co.,Ltd

KKRX:277880
3,305.00
KRW
-95.00
(-2.79%)
730.43EPS
4.56P/E
66.96BMarket Cap
Nov 06Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,468.56
5,970.99
4,295.31
2,700.36
3,633.48
7,995.62
19,514.42
10,070.08
10,780.46
12,972.14
Basic EPS, GAAP
-134.5
189
-854
-95.92
63
169
-365
1,088
157.57
747.22
Free Cash Flow per Basic Share
-224.23
-14.18
-619.37
-521.82
-2,501.69
-580.07
-4,258.16
-1,176
1,253.93
1,535.11
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
87.39
96.15
- -
Book Value per Share
264.74
598.68
1,565.74
2,001.47
2,193
2,415.83
4,713.41
6,102.18
6,402.96
6,891.03
Tangible Book Value per Share
259.22
594.49
1,561.88
1,951.29
2,141.8
2,366.85
4,648.33
6,015.47
6,301.75
6,794.02
Basic Weighted Avg Shares
11
11
14
17
19
19
13
27
25
24
Sales/Revenue/Turnover
15,712
66,052
61,001
45,733
67,320
148,783
261,127
271,987
264,653
311,995
Operating Margin (%)
-0.03
7.7
9.58
-1.93
-0.19
3.31
0.76
5.75
3.12
4.76
Depreciation Expense
198
354
486
681
784
896
1,937
2,419
2,895
3,173
Net Income, GAAP
-1,439
2,091
-12,128
-1,625
1,167
3,145
-4,884
29,386
3,868
17,972
Effective Tax Rate (%)
- -
22.02
- -
- -
- -
11.49
- -
16.82
5.22
17.23
Profit Margin (%)
-9.16
3.17
-19.88
-3.55
1.73
2.11
-1.87
10.8
1.46
5.76
Working Capital
-2,907
1,617
14,096
23,752
53,131
29,969
38,333
83,718
75,874
85,719
LT Debt
2,816
1,742
6,067
6,070
37,162
34,495
20,097
26,278
34,640
32,664
Total Equity
2,923
7,067
24,487
37,197
40,735
45,107
97,410
125,389
125,950
137,860
Return on Invested Capital (%)
- -
35.54
- -
- -
- -
4.29
- -
6.58
3.79
6.08
Return on Capital (%)
- -
22.5
- -
- -
- -
7.37
- -
16.72
3.17
10.14
Return on Common Equity (%)
- -
42.16
-77.28
-5.28
3
7.34
-6.98
26.96
3.11
14.01

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
34,623
36,873
25,818
LT Borrowings
34,322
33,378
32,360
LT Finance Leases
318
263
304
Preferred Equity and Hybrid Capital
- -
2,337
2,337
Shares Outstanding
20
20
20
Market Capitalization
94,793
95,776
66,965

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
217,910
242,542
222,826
Cash, Cash Equivalents & STI
22,465
8,505
23,565
Accounts Receivable, Net
30,297
52,214
42,226
Inventories
71,422
84,071
40,130
Total Current Liabilities
142,036
159,417
137,107
Payables & Accruals
- -
- -
- -
ST Debt
34,623
36,873
25,818
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
33.07%
0.45%
Free Cash Flow
- -
106.89%
-196.92%
Net Income, GAAP
- -
-209.25%
-86.84%
Sales/Revenue/Turnover
- -
49.04%
-2.7%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
64,891
77,025
43,729
86,341
271,987
2025
64,478
55,704
76,568
67,901
264,653
2026
50,880
116,646
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
227
380
76
428.51
1,088
2025
68.63
-105
120.81
28.72
157.57
2026
372.03
234
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
87.39
2025
- -
- -
- -
- -
96.15
2026
- -
- -
- -
- -
- -

Company Description

CEO
In-Sik Pyo
Full Time Employees
269
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Hwaseong-si South Korea
IPO Date
Oct 30, 2017
Business
TSI Co.,Ltd. is a South Korea-based industrial manufacturing company specializing in mixing systems and turnkey process equipment for the secondary lithium-ion battery manufacturing industry. Founded in 1996 and headquartered in Hwaseong-si, Gyeonggi-do, South Korea, the company develops, manufactures, and installs automated slurry preparation and electrode manufacturing solutions for electric vehicle, energy storage system, and consumer electronics battery production. TSI operates primarily through its Secondary Battery Mixing Equipment business segment. The company's comprehensive product and service portfolio includes batch-type planetary mixers; high-speed corona and turbo dispersing mixers; continuous mixing systems incorporating twin-screw extrusion technology; automated powder supply and pneumatic conveying systems comprising silos, dust collectors, and precision weighing hoppers; liquid supply systems featuring solvent, binder, and additive storage tanks, metering pumps, and distribution pipelines; slurry storage, filtration, deaeration, and temperature-controlled transfer tank systems; central process control software and automated supervisory systems; and turnkey engineering, system integration, on-site commissioning, cleanroom installation, and aftermarket maintenance services. TSI delivers its equipment to leading global battery manufacturers, tier-one automotive cell makers, and international joint ventures across South Korea, North America, Europe, and Asia. In recent developments, TSI has accelerated its global operational expansion through overseas entities, including TSI America Inc. and European operational subsidiaries, to support major gigafactory buildouts across the United States and Europe. The company has advanced its strategic focus on next-generation continuous mixing systems designed to reduce processing times and energy consumption compared to traditional batch methods, while actively investing in research and development for dry electrode mixing equipment and solid-state battery processing solutions. Additionally, TSI has expanded its domestic manufacturing capacity in South Korea to address growing order backlogs from international joint-venture gigafactories and secured major supply contracts with top-tier battery cell producers in North America and the European Union.