RF Systems Co., Ltd.

RF Systems Co., Ltd.

KKRX:474610
7,840.00
KRW
+590.00
(+8.14%)
448.86EPS
15.44P/E
100.63BMarket Cap
RF Systems Co., Ltd.
KRX:474610
(Korea Stock Exchange)

Recent

price

7,840.00

P/E

ratio

15.44

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
KRW
271,583.76
282,122.69
199,409.36
4,191.44
3,935.31
3,048.51
2,931.64
3,130.16
Revenue per Share
17,966.92
25,779.12
12,649.01
81
469
-383
396
461.87
Basic EPS, GAAP
-21,897.03
6,914.13
-3,208.84
-1,401
280.31
3.24
139.94
157.53
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
180.3
591.62
1,146.09
1,420.47
2,146.45
3,388.88
3,732.49
3,984.29
Book Value per Share
160.66
576.05
1,096.87
1,280.99
2,041.3
3,247.64
3,573.78
3,840.35
Tangible Book Value per Share
- -
- -
- -
7
8
11
13
14
Basic Weighted Avg Shares
21,487
24,496
26,158
30,966
32,787
32,672
38,174
42,709
Sales/Revenue/Turnover
7.97
10.67
5.42
2.46
5.45
5.16
10.63
11.64
Operating Margin (%)
598
626
880
1,204
1,756
1,844
1,985
2,261
Depreciation Expense
1,421
2,238
1,659
598
3,907
-4,105
5,157
6,302
Net Income, GAAP
16.17
13.91
4.73
10.32
2.73
- -
- -
0.16
Effective Tax Rate (%)
6.62
9.14
6.34
1.93
11.92
-12.56
13.51
14.76
Profit Margin (%)
-4,091
799
9,112
7,228
11,209
28,857
23,092
15,710
Working Capital
1,864
1,432
6,205
7,293
3,123
5,740
6,627
4,788
LT Debt
2,251
7,385
14,359
17,784
26,792
41,984
49,397
56,235
Total Equity
- -
26.41
8.65
2.47
5.34
- -
- -
8.5
Return on Invested Capital (%)
- -
27.48
13.07
3.2
14.47
- -
- -
11.06
Return on Capital (%)
- -
46.46
15.3
3.74
17.55
-11.94
11.29
12.28
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,782
3,977
3,942
LT Borrowings
5,798
4,465
4,080
LT Finance Leases
829
843
708
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
14
14
Market Capitalization
63,062
141,566
100,634

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
49,459
40,279
42,772
Cash, Cash Equivalents & STI
27,702
21,623
18,809
Accounts Receivable, Net
10,233
5,590
7,658
Inventories
9,656
11,149
14,912
Total Current Liabilities
26,367
23,548
27,061
Payables & Accruals
- -
- -
- -
ST Debt
3,782
3,977
3,942
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
48.66%
17.66%
Free Cash Flow
- -
1,421.47%
5,139.55%
Net Income, GAAP
- -
6.5%
-225.62%
Sales/Revenue/Turnover
- -
9.51%
16.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,533
9,104
4,684
11,351
32,672
2025
6,654
10,399
7,601
13,520
38,174
2026
10,004
11,584
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
44
65
-16
-407.82
-383
2025
33
152
69
143.96
396
2026
102.72
143
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
RF Systems Co., Ltd. is a South Korea-based defense electronics and radio frequency (RF) technology company engaged in the design, development, and manufacture of advanced radar systems, RF components, antenna assemblies, and thermal management solutions for defense, aerospace, and telecommunications applications. Founded in 2000 and headquartered in Yongin, Gyeonggi-do, South Korea, the company operates as a key specialized subsidiary of RFHIC Corporation. The company specializes in proprietary high-precision aluminum dip brazing manufacturing technologies used to produce structural and RF transmission components for airborne, naval, and ground-based radar platforms. RF Systems Co., Ltd. organizes its core business operations into defense electronics, wireless communications, and aerospace subsystems. Its primary product and service portfolio comprises active electronically scanned array (AESA) radar antenna assemblies, radar feed systems, and precision waveguide networks; aluminum dip-brazed structural enclosures, missile seeker chassis, and antenna reflectors; radio frequency transceiver modules, high-power amplifiers, and frequency converters; environmental control and thermal management units, including radar chillers, liquid cooling systems, and heat exchangers; satellite communication (SATCOM) ground and airborne antenna systems; and commercial wireless infrastructure hardware, including 5G microstrip filters and RF sub-assemblies. The company primarily serves prime defense contractors, government defense procurement agencies, and commercial telecommunication equipment manufacturers across domestic and international markets. In recent corporate developments, RF Systems Co., Ltd. completed its public listing on the KOSDAQ market under ticker symbol 474610 through a merger with Kyobo 12th Special Purpose Acquisition Company. In conjunction with its public listing, the company expanded its aluminum dip brazing production facilities and environmental control manufacturing lines to fulfill long-term supply commitments for major export defense programs, including radar assemblies for the Cheongung-II (M-SAM) and L-SAM missile systems in partnership with LIG Nex1. Additionally, the company has diversified its technological portfolio into next-generation counter-unmanned aerial vehicle (C-UAV) radar hardware, millimeter-wave satellite communication terminals, and aerospace RF subsystems in collaboration with its parent company RFHIC Corporation.