G2Power Co. Ltd

G2Power Co. Ltd

KKRX:388050
7,790.00
KRW
-270.00
(-3.35%)
399.92EPS
20.03P/E
149.86BMarket Cap
Nov 06Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10,006.33
3,199.69
679.53
2,153.15
2,694.31
2,970.39
4,137.57
4,426.36
Basic EPS, GAAP
-146.8
237.4
9.8
42.4
36.6
225.7
297
399.92
Free Cash Flow per Basic Share
615.86
271.75
-8.4
-182.81
258.06
65.01
786.96
109.34
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
99.63
220.09
987.45
1,692.87
1,735.27
1,967
2,252.01
2,254.4
Tangible Book Value per Share
96.03
213.74
983.99
1,689.47
1,732.21
1,964.43
2,247.32
2,250.24
Basic Weighted Avg Shares
2
9
55
17
18
19
19
19
Sales/Revenue/Turnover
19,084
29,135
37,375
37,377
49,413
55,423
77,378
82,776
Operating Margin (%)
-0.33
10.26
7.94
0.55
-1.91
6.62
11.38
13.55
Depreciation Expense
130
233
295
542
730
949
950
945
Net Income, GAAP
-280
2,162
539
736
671
4,211
5,554
7,479
Effective Tax Rate (%)
- -
9.69
31.25
- -
- -
6.57
16.69
19.15
Profit Margin (%)
-1.47
7.42
1.44
1.97
1.36
7.6
7.18
9.03
Working Capital
-458
6,728
12,997
25,649
24,374
23,678
26,482
24,707
LT Debt
1,747
5,718
159
210
225
954
698
934
Total Equity
1,810
3,998
17,936
30,748
32,245
36,695
42,134
42,179
Return on Invested Capital (%)
- -
38.11
14.81
- -
- -
9.71
17.8
22.09
Return on Capital (%)
- -
32.43
4.95
- -
- -
12.08
13.9
18.43
Return on Common Equity (%)
- -
74.45
4.92
3.02
2.13
12.22
14.09
18.86

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
473
520
716
LT Borrowings
- -
- -
- -
LT Finance Leases
698
737
934
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
149,301
216,281
149,863

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
72,384
64,271
62,967
Cash, Cash Equivalents & STI
40,715
34,837
34,698
Accounts Receivable, Net
4,844
2,718
994
Inventories
11,820
13,873
14,503
Total Current Liabilities
45,903
39,315
38,260
Payables & Accruals
- -
- -
- -
ST Debt
473
520
716
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
90.72%
14.82%
Free Cash Flow
- -
251.53%
1,113.35%
Net Income, GAAP
- -
102.39%
31.89%
Sales/Revenue/Turnover
- -
22.45%
39.61%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,667
9,376
11,953
24,427
55,423
2025
9,971
14,227
15,646
37,534
77,378
2026
19,180
10,417
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30.3
25.4
47.7
122.35
225.7
2025
-15.9
32.9
103.32
176.51
297
2026
101.23
18.7
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
97
Sector
Producer manufacturing
Industry
Electrical products
Address
Hwaseong-si South Korea
IPO Date
Apr 1, 2022
Website
g2p.co.kr
Business
G2Power Co., Ltd. is a South Korea-based smart grid and electrical equipment engineering company specializing in the design, manufacture, and deployment of smart power distribution systems, condition monitoring solutions, and renewable energy infrastructure. Founded in 2010 and headquartered in Hwaseong-si, Gyeonggi-do, South Korea, the company develops and supplies electrical equipment integrated with proprietary Condition Monitoring and Diagnosis (CMD) technology that utilizes the Internet of Things (IoT), artificial intelligence (AI), and information and communication technology (ICT) to detect partial discharges, arc faults, and thermal anomalies in real time. The company's core product and service portfolio comprises high- and low-voltage switchgears, switchboards, and motor control centers (MCC) for power distribution and substation automation; Condition Monitoring and Diagnosis (CMD) sensor modules, partial discharge diagnostic devices, and IoT-driven remote asset health monitoring platforms; turnkey solar photovoltaic (PV) generation systems, including solar inverters, power conversion systems (PCS), solar connection units, building-integrated photovoltaics (BIPV), and engineering, procurement, and construction (EPC) services; containerized and distributed energy storage systems (ESS), liquid immersion-cooling battery energy storage units, and integrated energy management systems (EMS); and facility operation, maintenance (O&M), and independent power production (IPP) services managed directly and through its subsidiary, G2Energy Co., Ltd. G2Power provides its solutions across public procurement markets, municipal infrastructure, nuclear and conventional utilities, telecommunication and data centers, industrial complexes, commercial buildings, airports, and railway transportation systems. In recent operational developments, the company expanded its footprint in the nuclear power equipment sector after securing KEPIC-EN and Korea Hydro & Nuclear Power (KHNP) Q-Class quality certifications, subsequently winning a KRW 43 billion supply contract for high-voltage switchgear for the Shin-Hanul Units 3 and 4 nuclear power plant construction. In the energy storage sector, G2Power commercialized next-generation liquid immersion-cooling ESS technology, achieving official KC safety certification to target high-reliability data centers and microgrid installations. To accelerate technological capabilities and international growth, the company established a partnership with S-OIL for immersion cooling fluids, founded its United States subsidiary G2America in conjunction with a joint development initiative with U.S.-based FSE, and executed a strategic memorandum of understanding with India's Pinnacle Engineering to expand overseas power infrastructure distribution.