ALMAC Co., Ltd.

ALMAC Co., Ltd.

KKRX:354320
69,900.00
KRW
-900.00
(-1.27%)
186.15EPS
63.45P/E
206.44BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
220,850.05
19,731.34
19,229.82
35,933.73
38,777.4
24,426.85
29,356.79
30,448.4
Basic EPS, GAAP
-4,386
93
-3,146
1,256
-1,216
102
-205
509.1
Free Cash Flow per Basic Share
-24,650.02
-1,615.02
-5,213.63
-12,128.37
-4,101.69
-5,505.92
-9.5
-4,628.06
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4,723.56
6,225.36
6,581.65
12,889.07
20,779.91
22,041.63
23,535.25
24,598.35
Tangible Book Value per Share
4,582.39
6,073.64
6,487.06
12,076.58
20,017.21
21,275.66
22,723.89
23,791.75
Basic Weighted Avg Shares
- -
4
4
4
6
6
6
6
Sales/Revenue/Turnover
73,690
74,505
82,819
156,755
216,025
156,865
187,825
194,624
Operating Margin (%)
-0.22
4.36
-8.25
7.19
7.34
-1.75
3.31
4.41
Depreciation Expense
4,505
3,658
3,990
4,288
5,046
8,464
13,577
11,308
Net Income, GAAP
-1,463
351
-13,549
5,479
-6,774
655
-1,312
3,254
Effective Tax Rate (%)
- -
10.55
- -
27.28
- -
- -
- -
81.78
Profit Margin (%)
-1.99
0.47
-16.36
3.5
-3.14
0.42
-0.7
1.67
Working Capital
-18,564
-14,338
-7,631
46,994
90,726
29,166
13,989
13,982
LT Debt
12,986
2,989
12,545
58,491
68,426
39,743
27,584
27,070
Total Equity
28,183
37,143
39,269
76,901
146,933
151,989
161,153
167,954
Return on Invested Capital (%)
- -
3.41
- -
5.91
- -
- -
- -
0.39
Return on Capital (%)
- -
3.51
- -
6
- -
- -
- -
1.89
Return on Common Equity (%)
- -
1.08
-35.46
9.43
-6.46
0.48
-0.9
2.17

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
127,354
139,413
155,635
LT Borrowings
19,026
16,534
20,110
LT Finance Leases
8,558
6,408
6,960
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
128,786
305,188
206,442

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
162,431
173,773
189,463
Cash, Cash Equivalents & STI
78,661
73,962
88,879
Accounts Receivable, Net
35,804
40,542
34,303
Inventories
34,851
48,068
54,811
Total Current Liabilities
148,442
161,330
175,481
Payables & Accruals
- -
- -
- -
ST Debt
127,354
139,413
155,635
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
40.42%
6.03%
Free Cash Flow
- -
60.39%
-99.83%
Net Income, GAAP
- -
-946.47%
-300.24%
Sales/Revenue/Turnover
- -
26.12%
19.74%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35,029
42,897
41,749
37,189
156,865
2025
50,584
48,488
44,549
44,205
187,825
2026
50,654
55,217
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-11
617
-364
-139.87
102
2025
64
256
190.16
-715.5
-205
2026
603.33
431
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
161
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Changwon South Korea
IPO Date
Jun 30, 2023
Business
ALMAC Co., Ltd. is a South Korea-based company primarily engaged in the development, extrusion, and manufacturing of precision aluminum materials and lightweight structural components for the automotive, electric vehicle, and industrial sectors. Founded in 1973 as Kyungnam Metal Co., Ltd. and rebranded to ALMAC Co., Ltd. in 2020, the company is headquartered in Changwon, South Korea. ALMAC operates across three primary business segments: Electric Vehicle Components, Automotive Lightweight Parts, and Industrial Materials. Its core product portfolio comprises electric vehicle battery systems and platform structures, including extruded aluminum battery module cases, high-voltage battery pack frames, battery end plates, module cooling blocks, and crash-resistant side sill members; automotive structural and chassis solutions, including bumper beams, roof rails, sub-frames, body-in-white structural reinforcements, powertrain vibration-damping brackets, and hydrogen vehicle components; and industrial aluminum profiles, including automation conveyor rails, industrial machinery frames, heat exchanger tubes, and aerospace-grade high-strength extrusion billets. The company serves global automotive original equipment manufacturers, Tier-1 suppliers, and battery cell producers, including LG Energy Solution, SK On, General Motors, Rivian, Lucid Motors, and Linamar. Geographically, ALMAC operates domestic manufacturing and research facilities in Changwon, Miryang, and Sacheon, alongside international operations in North America and Europe. In recent developments, following its initial public offering on the KOSDAQ market under ticker 354320 in June 2023, the company accelerated its North American expansion by acquiring and commissioning an extrusion manufacturing facility in Eufaula, Alabama, complementing its logistics facility in Montgomery, Alabama, to localize component supply for United States electric vehicle programs. ALMAC also increased its domestic manufacturing capacity through the installation of large-scale extrusion press lines yielding 20,000 metric tons of annual capacity at its Sacheon plant through subsidiary AR Aluminum, secured a major multi-year supply contract valued at approximately KRW 190 billion with a global automaker for deliveries through 2030, and expanded its proprietary crash-alloy materials into aerospace and defense applications by supplying qualified high-strength, heat-resistant aluminum structural components to North American launch vehicle and satellite developers.