LS Materials Co. Ltd.

LS Materials Co. Ltd.

KKRX:417200
12,940.00
KRW
-990.00
(-7.11%)
-25.31EPS
835.30P/E
1.00TMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4,604.99
3,158.59
2,409.24
2,103.67
2,116.52
2,563.29
Basic EPS, GAAP
218
164
214
84
6
17.71
Free Cash Flow per Basic Share
77.32
-87.4
-526.96
-899.94
-249.2
-372.08
Dividend per Share
- -
21.57
22.3
22.04
- -
- -
Book Value per Share
1,117.14
1,465.31
2,667.95
2,728.29
2,736.11
2,723.53
Tangible Book Value per Share
1,074.17
1,424.18
2,363.41
2,414.45
2,421.96
2,419.12
Basic Weighted Avg Shares
9
51
57
68
73
68
Sales/Revenue/Turnover
42,662
161,987
136,885
142,076
153,582
173,413
Operating Margin (%)
5.94
8.93
9.91
4.36
-0.09
0.17
Depreciation Expense
2,081
4,852
5,536
6,384
8,236
11,192
Net Income, GAAP
2,020
8,411
12,159
5,673
435
1,198
Effective Tax Rate (%)
20.22
21.04
19.53
25.28
242.45
377.04
Profit Margin (%)
4.73
5.19
8.88
3.99
0.28
0.69
Working Capital
28,161
46,177
116,590
72,448
89,002
91,207
LT Debt
11,999
10,804
799
6,008
35,665
36,427
Total Equity
75,577
99,132
203,060
207,160
206,070
203,291
Return on Invested Capital (%)
- -
11.25
6.32
1.99
0.08
-0.31
Return on Capital (%)
- -
9.02
7.78
2.87
0.32
0.22
Return on Common Equity (%)
- -
9.63
8.7
3.11
0.24
0.65

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13,790
14,402
32,238
LT Borrowings
35,000
35,000
35,840
LT Finance Leases
665
622
587
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
68
68
Market Capitalization
824,009
1,192,040
1,000,583

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
121,309
129,350
151,197
Cash, Cash Equivalents & STI
57,427
55,946
59,595
Accounts Receivable, Net
30,606
35,066
37,855
Inventories
28,992
32,147
47,268
Total Current Liabilities
32,307
40,471
59,990
Payables & Accruals
- -
- -
- -
ST Debt
13,790
14,402
32,238
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-0.53%
Free Cash Flow
- -
- -
-70.25%
Net Income, GAAP
- -
- -
-92.33%
Sales/Revenue/Turnover
- -
- -
8.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32,625
38,924
33,307
37,220
142,076
2025
35,326
39,193
38,504
40,559
153,582
2026
43,052
51,298
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24
22
16
21.73
84
2025
-14
1
0.15
18.98
6
2026
-11.28
9.85
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
22.04
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Young-Ho Hong
Full Time Employees
122
Sector
Electronic technology
Industry
Electronic components
Address
Anyang-si South Korea
IPO Date
Dec 12, 2023
Business
LS Materials Co., Ltd. is a South Korea-based manufacturer of advanced energy storage devices and engineered aluminum materials, specializing in medium- and large-sized ultracapacitors and high-strength industrial components for clean energy, transportation, and digital infrastructure. The company operates through three principal business segments: Ultracapacitors, Aluminum Materials, and Landscape Materials. Its core product and service portfolio includes medium- and large-scale ultracapacitor (supercapacitor) cells and multi-cell modules; LS UltraGrid megawatt-level grid stabilization and power management systems; rapid-response power spike mitigation and uninterruptible power supply (UPS) modules for artificial intelligence (AI) data centers; pitch control and auxiliary power storage units for wind turbines and photovoltaic systems; energy recapture and rapid-charging power packs for automated guided vehicles (AGVs), rail transit, and heavy machinery; high-strength aluminum billets, rods, and custom extruded profiles; lightweight electric vehicle (EV) battery housing enclosures and structural frame components; desulfurization canisters and modules for hydrogen fuel cell power systems; and civil engineering products comprising modular aluminum bridges and highway soundproof acoustic barrier frames. Headquartered in Anyang-si, Gyeonggi-do, South Korea, and operating production facilities in Gumi, the company was incorporated in 2021 following a spin-off of the ultracapacitor division from LS Mtron Co., Ltd., building upon research and development initiatives established in 2002 under LG Cable. LS Materials operates as a subsidiary of LS Cable & System Ltd. within the LS Group and serves commercial, industrial, utility, and automotive clients across South Korea, North America, Europe, and Asia. In recent strategic and operational developments, LS Materials completed its initial public offering on the KOSDAQ market in December 2023 under the ticker symbol KRX:417200. The company established HAIMK Co., Ltd., a joint venture with Austria-based Hammerer Aluminium Industries (HAI), and completed construction of a specialized automated aluminum extrusion manufacturing facility in Gumi in 2025 to scale production of lightweight EV battery pack components. Furthermore, the company expanded its technological footprint into AI computing infrastructure by commercializing specialized power stabilization ultracapacitors, entering a power management partnership with Vertiv Korea, and initiating deliveries of hydrogen fuel cell desulfurization equipment modules to North American data centers through its subsidiary LS Alsco Co., Ltd., alongside securing ultracapacitor component contracts for advanced clean energy and nuclear fusion demonstration initiatives.