Messe eSang Co.Ltd

Messe eSang Co.Ltd

KKRX:408920
2,910.00
KRW
-10.00
(-0.34%)
410.20EPS
6.88P/E
119.67BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
982.5
1,200.8
1,559.13
1,714.24
1,841.92
Basic EPS, GAAP
-8
179
126
315
365
410.71
Free Cash Flow per Basic Share
-5.28
232.35
197.78
261.12
455.29
530.7
Dividend per Share
- -
- -
- -
50.13
100.95
- -
Book Value per Share
1,068.79
12,168.38
1,373.07
1,623.17
1,877.67
1,993.23
Tangible Book Value per Share
1,068.79
8,101.8
1,009.37
1,258.04
1,509.21
1,598.56
Basic Weighted Avg Shares
1
39
42
43
42
42
Sales/Revenue/Turnover
- -
38,334
50,814
67,077
72,822
78,162
Operating Margin (%)
- -
22.32
21.98
25.49
26.09
26.67
Depreciation Expense
- -
1,195
1,236
1,605
1,877
2,081
Net Income, GAAP
-5
6,984
5,332
13,552
15,505
17,429
Effective Tax Rate (%)
- -
18.34
27.36
18.64
17.1
16.84
Profit Margin (%)
- -
18.22
10.49
20.2
21.29
22.3
Working Capital
1,186
27,611
41,956
47,912
58,668
59,980
LT Debt
509
5,192
5,658
5,621
5,326
5,310
Total Equity
663
44,050
59,438
69,571
79,546
84,434
Return on Invested Capital (%)
- -
27.02
13.89
19.31
19.12
20.03
Return on Capital (%)
- -
29.54
9.87
20.1
19.96
21.06
Return on Common Equity (%)
- -
31.24
10.33
21.04
20.79
22.18

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,444
1,730
1,724
LT Borrowings
4
- -
- -
LT Finance Leases
5,322
5,761
5,310
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
42
42
Market Capitalization
135,976
130,469
119,668

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
70,198
80,158
79,163
Cash, Cash Equivalents & STI
63,674
70,863
71,511
Accounts Receivable, Net
2,337
2,964
2,194
Inventories
312
303
203
Total Current Liabilities
11,529
23,549
19,182
Payables & Accruals
- -
- -
- -
ST Debt
1,444
1,730
1,724
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
14.34%
Free Cash Flow
- -
- -
72.16%
Net Income, GAAP
- -
- -
14.42%
Sales/Revenue/Turnover
- -
- -
8.57%
Total Cash Common Dividend
- -
- -
98.84%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,945
13,019
13,806
28,307
67,077
2025
13,174
17,436
21,946
20,267
72,822
2026
16,566
19,383
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
63
47
53
151.96
315
2025
65
124
115.11
60.02
365
2026
107.47
128
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
50.13
2025
- -
- -
- -
- -
100.95
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
160
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Seoul South Korea
IPO Date
Mar 7, 2022
Business
Messe eSang Co., Ltd. is a South Korea-based company primarily engaged in the planning, organization, and operation of exhibitions, conventions, and trade fairs. Founded in 2008 and headquartered in Seoul, South Korea, the company operates as one of the country's leading private MICE (Meetings, Incentives, Conferences, and Exhibitions) organizers and digital event platform providers. Messe eSang manages a comprehensive portfolio of specialized B2B and B2C exhibitions across diverse industry verticals, including architecture, construction, and interior design under brands such as Korea Build and Interior Design Korea; pet care and companion animal lifestyle products through K-Pet Fair and Megazoo; parenting and childcare products via KOBE Baby Fair; medical, hospital, and healthcare equipment through the Korea Hospital Show; industrial materials, manufacturing, and coating technologies through Coating Korea and Metal Week; food, beverage, and franchise hospitality fairs; and smart tech and safety expos. In addition to physical exhibition hosting, the company offers integrated digital MICE solutions, including online exhibition platforms, O2O (online-to-offline) business matching systems, smart attendee data analytics, and digital ticketing services. The company caters to domestic and international exhibitors, corporate buyers, institutions, and consumers across South Korea, with growing operations in international markets across Asia. In recent developments, Messe eSang completed its public listing on the KOSDAQ market through a business combination with Hana Financial 17th Special Purpose Acquisition Company. Over the past two years, the company has advanced its global expansion strategy by exporting flagship exhibition brands to Southeast Asian and South Asian markets, launching events such as K-Pet Fair Vietnam and collaborating on international exhibitions at major venues, including the Yashobhoomi (India International Convention and Expo Centre) in New Delhi, India. In addition, the company has expanded its digital service capabilities by rolling out AI-driven buyer matchmaking platforms and proprietary hybrid event management tools to diversify revenue streams and broaden its international client network.