Cowin Robotics Co., Ltd.

Cowin Robotics Co., Ltd.

KKRX:282880
10,330.00
KRW
-280.00
(-2.64%)
-1,482.23EPS
22.84P/E
124.26BMarket 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
66,477.39
9,189.41
9,917.93
4,282.91
10,397.35
19,694.13
31,800.82
21,897.37
13,735.99
15,620.04
Basic EPS, GAAP
2,921.2
1,236.63
1,865.36
240.41
545.5
256.9
1,118.41
1,450.98
151
471.53
Free Cash Flow per Basic Share
1,547.58
-963.95
-471.08
-150.07
-959.06
-2,011.62
98.56
-5,044.17
-1,374.14
-6,145.01
Dividend per Share
248.49
20.93
38.1
396.03
174.85
89.85
89.4
415.26
193.9
- -
Book Value per Share
1,020.79
1,965.12
9,848.31
9,684.06
10,206.64
12,678.99
14,745.37
15,876.38
15,003.02
15,091.24
Tangible Book Value per Share
1,013.1
1,951.84
9,825.9
9,583.82
8,608.45
11,146.07
13,342.53
14,462.86
13,600.92
13,695.19
Basic Weighted Avg Shares
1
8
9
11
10
10
11
11
11
11
Sales/Revenue/Turnover
40,129
76,832
91,102
45,355
106,350
201,155
335,958
244,390
154,701
178,395
Operating Margin (%)
5.64
13.68
22.88
1.39
6.22
8.1
6.79
1.47
-16.45
-17.47
Depreciation Expense
309
321
540
788
2,051
3,787
5,710
5,803
6,435
7,117
Net Income, GAAP
1,763
10,339
17,134
2,546
5,580
2,624
11,815
16,194
1,701
5,385
Effective Tax Rate (%)
1.08
1.65
10.9
- -
12.51
- -
11.97
- -
- -
- -
Profit Margin (%)
4.39
13.46
18.81
5.61
5.25
1.3
3.52
6.63
1.1
3.02
Working Capital
4,079
13,980
77,425
61,891
66,337
140,275
189,088
164,236
110,685
49,243
LT Debt
1,680
6,498
9
204
10,836
32,950
38,022
38,554
46,797
9,887
Total Equity
10,973
21,124
103,406
99,415
118,210
190,790
276,634
280,862
256,095
252,079
Return on Invested Capital (%)
- -
41.12
27.4
- -
4.25
- -
6.54
- -
- -
- -
Return on Capital (%)
- -
41.46
25.45
- -
3.13
- -
1.66
- -
- -
- -
Return on Common Equity (%)
- -
64.43
27.52
2.51
5.48
2.24
8.07
9.53
0.98
3.11

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
40,019
50,152
92,220
LT Borrowings
46,274
47,144
9,349
LT Finance Leases
523
509
538
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
12
12
Market Capitalization
183,709
153,797
124,261

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
235,603
236,500
233,088
Cash, Cash Equivalents & STI
72,666
54,278
33,095
Accounts Receivable, Net
130,581
137,105
153,782
Inventories
16,806
31,732
27,906
Total Current Liabilities
124,918
133,351
183,845
Payables & Accruals
- -
- -
- -
ST Debt
40,019
50,152
92,220
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
23.6%
-8.82%
Free Cash Flow
- -
-1,011.52%
-72.51%
Net Income, GAAP
- -
72.81%
-89.5%
Sales/Revenue/Turnover
- -
45.33%
-36.7%
Total Cash Common Dividend
- -
46.94%
-52.88%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
53,450
69,420
87,690
33,831
244,390
2025
26,385
48,099
39,290
40,927
154,701
2026
39,795
58,382
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
156.1
905.2
235.1
117.22
1,450.98
2025
75.49
-127.45
256.82
-57.58
151
2026
398
-128
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
415.26
2025
- -
- -
- -
- -
193.9
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
263
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Asan-si South Korea
IPO Date
Aug 5, 2019
Business
Cowin Robotics Co., Ltd., formerly known as Cowin Tech Co., Ltd., is a South Korea-based provider of smart factory automation systems, industrial robotics, and turnkey logistics engineering solutions for high-technology manufacturing industries. Founded in 1998 and headquartered in Asan, South Korea, the company develops, manufactures, and integrates automated material handling systems and process equipment tailored primarily for rechargeable battery production, semiconductor fabrication, display panel manufacturing, petrochemical processing, and electronics assembly. The company offers a comprehensive portfolio of industrial automation products and services, including: secondary battery automated material handling systems (AMHS) for electrode, assembly, and formation aging lines; autonomous mobile robots (AMRs) and automated guided vehicles (AGVs) equipped with artificial intelligence navigation and optical guidance; cleanroom-compatible automated storage and retrieval systems (AS/RS), stacker cranes, and overhead hoist transport (OHT) systems; precision cassette and magazine transfer equipment, roll-to-roll handling machines, and robotic pick-and-place manipulators; integrated factory software suites, such as Manufacturing Execution Systems (MES), Warehouse Management Systems (WMS), and Material Control Systems (MCS); and secondary battery engineering solutions, equipment integration, and advanced cathode materials provided through its consolidated subsidiary, Top Material Co., Ltd. Cowin Robotics operates manufacturing facilities and engineering centers in South Korea and serves multinational battery manufacturers, automotive original equipment manufacturers, and technology enterprises across Asia, North America, and Europe. In recent operational developments, the company expanded its smart logistics robotics portfolio through the launch of high-payload autonomous mobile robots and vision-guided transport systems designed for gigafactory environments; secured multi-year turnkey automation and equipment supply contracts supporting battery production facilities in North America and Europe; strengthened its vertical supply chain integration through capacity expansions in secondary battery materials and cell engineering via its subsidiary network; and reorganized its business divisions to accelerate global market expansion and scale overseas customer support operations.