023160 - T. K. Corporation

023160 Summary

Steel

Stock Price & Overview

₩26,150 +350 (+1.36%) Close · Sep 4, 2026 KST

KOSDAQ | ₩KRW | Close: ₩26,150 ≈ US$19 · Market cap ₩0.7tn (≈ $483m)

023160 Financial Statements

Breakdown ₩ bn	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Total Revenue	297.0	266.8	312.1	249.7	185.1	188.4	189.8	158.6	184.2	244.8
Cost of Revenue	211.0	194.6	222.6	175.4	148.5	169.3	167.6	135.8	159.6	219.9
Gross Profit	85.9	72.2	89.5	74.3	36.6	19.1	22.2	22.8	24.5	24.9
Selling, General & Administrative	47.2	32.3	31.8	28.9	23.1	22.2	19.3	18.8	20.0	21.2
Operating Income	38.7	39.9	57.7	45.4	13.5	-3.1	2.9	4.0	4.5	3.7
Finance Income	63.1	25.3	17.7	14.0	9.2	4.3	11.1	12.8	4.0	10.5
Finance Costs	7.1	7.5	5.5	12.8	1.5	9.0	2.2	2.8	12.6	4.0
Pretax Income	86.2	57.8	70.6	46.8	22.0	-7.6	9.7	13.1	-21.6	10.3
Income Tax Expense	20.7	11.7	12.5	10.0	3.5	-2.6	2.3	3.0	-5.4	2.4
Net Income	65.5	46.1	58.1	36.8	18.5	-5.0	7.4	10.0	-16.2	7.9
Total Comprehensive Income	74.0	44.0	56.2	37.6	19.3	-4.0	6.0	6.1	-14.8	8.7

Breakdown ₩ bn	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Total Assets	740.8	660.3	626.3	594.0	505.2	461.8	478.7	461.0	454.0	474.7
Current Assets	415.2	308.8	303.5	312.7	234.6	262.1	283.5	276.8	275.3	309.9
Cash & Cash Equivalents	35.6	32.1	30.9	47.2	42.1	54.8	13.0	55.5	48.8	62.7
Inventories	151.8	123.2	124.3	130.2	122.2	133.1	166.1	125.9	117.5	125.3
Trade Receivables	74.5	64.5	65.3	73.6	57.0	55.6	82.4	81.0	82.1	104.1
Non-current Assets	325.6	351.5	322.8	281.3	270.6	199.7	195.2	184.2	178.7	164.8
Property, Plant & Equipment	188.6	183.2	177.4	163.7	163.5	176.4	167.7	158.3	137.5	139.3
Intangible Assets	31.9	40.2	40.9	41.8	42.7	1.3	1.3	1.1	1.1	1.1
Total Liabilities	71.2	50.9	50.9	69.8	52.1	37.4	44.7	33.0	34.8	39.4
Current Liabilities	52.7	34.5	34.0	52.5	28.7	29.1	29.3	20.9	28.7	27.6
Non-current Liabilities	18.5	16.3	16.9	17.3	23.4	8.2	15.4	12.1	6.2	11.9
Total Equity	669.6	609.5	575.4	524.2	453.1	424.4	434.0	428.0	419.2	435.3
Share Capital	13.3	13.3	13.3	13.3	13.3	13.3	13.3	13.3	13.3	13.3
Retained Earnings	597.4	522.0	484.4	435.3	401.3	389.0	394.8	390.8	384.7	400.9

Breakdown ₩ bn	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Cash from Operating Activities	19.4	59.2	54.3	46.3	41.3	48.1	-30.4	5.6	17.1	42.3
Cash from Investing Activities	1.0	-45.8	-63.1	-62.6	-46.4	-12.4	-11.8	-1.4	-29.1	-13.8
Purchase of Property, Plant & Equipment	14.4	13.3	20.2	7.1	13.9	18.5	14.7	25.9	4.8	—
Cash from Financing Activities	-16.7	-12.5	-7.5	22.7	-7.6	6.9	-0.3	2.7	-0.5	-2.6
Dividends Paid	13.8	4.4	4.4	2.6	1.3	2.6	1.9	1.3	1.3	2.6
Net Change in Cash	3.5	1.2	-16.4	5.1	-12.7	41.9	-42.5	6.7	-14.0	26.8

Breakdown ₩ bn	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1
Total Revenue	83.7	82.3	80.6	81.4	72.3	62.6	66.2	61.8	65.5	73.4
Cost of Revenue	59.9	58.6	52.8	56.4	54.5	47.3	48.2	46.5	46.5	53.4
Gross Profit	23.9	23.6	27.8	25.0	17.8	15.3	18.0	15.2	19.1	20.0
Selling, General & Administrative	16.7	14.3	15.7	13.4	10.1	7.9	8.3	7.6	9.2	7.1
Operating Income	7.2	9.3	12.1	11.6	7.7	7.4	9.6	7.6	9.8	12.9
Finance Income	82.8	35.3	15.7	26.9	13.5	7.1	7.7	2.3	4.5	10.8
Finance Costs	3.7	7.3	1.6	-1.0	4.4	2.1	2.3	1.5	1.4	2.3
Pretax Income	86.6	37.5	16.5	39.7	17.2	12.9	15.2	8.5	13.1	21.1
Income Tax Expense	17.7	8.6	4.3	9.9	3.8	2.6	3.0	1.6	2.7	4.4
Net Income	68.9	28.8	12.2	29.7	13.4	10.2	12.1	6.9	10.4	16.7
Total Comprehensive Income	74.2	30.5	13.1	37.1	13.4	10.4	9.6	7.0	10.5	16.9

Breakdown ₩ bn	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1
Total Assets	850.7	773.6	740.8	724.7	683.7	674.7	660.3	652.4	644.7	645.2
Current Assets	514.6	443.9	415.2	380.3	324.8	315.2	308.8	295.0	297.1	311.9
Cash & Cash Equivalents	50.1	43.0	35.6	32.0	29.6	34.8	32.1	39.5	28.4	52.3
Inventories	144.0	147.3	151.8	141.5	136.7	130.1	123.2	118.0	117.1	114.1
Trade Receivables	85.5	81.0	74.5	74.4	66.2	58.9	64.5	60.6	60.2	63.9
Non-current Assets	336.2	329.6	325.6	344.4	358.9	359.5	351.5	357.4	347.6	333.3
Property, Plant & Equipment	186.0	187.8	188.6	189.4	188.1	186.1	183.2	182.1	181.4	178.8
Intangible Assets	31.5	31.7	31.9	39.6	39.8	39.9	40.2	40.4	40.6	40.7
Total Liabilities	89.0	80.0	71.2	68.2	56.8	61.2	50.9	52.5	51.8	58.3
Current Liabilities	54.1	57.4	52.7	45.2	38.6	44.3	34.5	34.1	33.0	40.9
Non-current Liabilities	34.9	22.7	18.5	23.1	18.3	17.0	16.3	18.5	18.9	17.4
Total Equity	761.7	693.5	669.6	656.5	626.8	613.5	609.5	599.9	592.9	586.9
Share Capital	13.3	13.3	13.3	13.3	13.3	13.3	13.3	13.3	13.3	13.3
Retained Earnings	672.2	608.0	597.4	586.8	558.1	526.0	522.0	513.5	506.3	496.3

Breakdown ₩ bn	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1
Cash from Operating Activities	23.7	15.2	8.1	3.3	-4.1	12.1	11.9	9.0	7.8	30.5
Cash from Investing Activities	-3.5	-7.5	-2.9	6.9	6.0	-8.9	-18.2	2.7	-22.4	-7.9
Purchase of Property, Plant & Equipment	0.8	1.4	1.9	3.7	4.1	4.6	4.2	3.5	2.4	3.2
Cash from Financing Activities	-13.1	-0.5	-1.5	-7.8	-6.9	-0.5	-1.4	-0.4	-9.4	-1.4
Dividends Paid	—	—	0.0	7.4	—	—	0.0	0.0	—	—
Net Change in Cash	7.2	7.4	3.6	2.4	-5.2	2.7	-7.4	11.1	-23.9	21.4

Consolidated (CFS), from DART. 10 fiscal years and 10 quarters. Accounts matched on IFRS account_id, not Korean labels, so the same line holds across years where the Korean wording changed. Quarterly figures are three-month values: income quarters from DART's three-month column, cash-flow quarters differenced from DART's cumulative figures, and Q4 as annual minus nine-month cumulative.

023160 Growth

FY2025 ₩bn	Latest	1-yr	3-yr CAGR	5-yr CAGR	10-yr CAGR
Revenue	297.0	+11.3%	+5.9%	+9.5%	—
Operating income	38.7	-2.9%	-5.1%	—	—
Net income	65.5	+42.0%	+21.2%	—	—
EPS	₩2,533	+42.0%	+21.2%	—	—
Operating cash flow	19.4	-67.3%	-25.2%	-16.6%	—
Shareholders' equity	669.6	+9.9%	+8.5%	+9.5%	—

Compound annual growth from the DART annual statements on this page. n/m where either end of the period is a loss or missing. EPS uses today's share count for every year.

023160 Profitability

Ratio	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Gross margin	28.9%	27.1%	28.7%	29.7%	19.8%	10.1%
Operating margin	13.0%	14.9%	18.5%	18.2%	7.3%	-1.7%
Net margin	22.1%	17.3%	18.6%	14.7%	10.0%	-2.7%
Return on equity	10.2%	7.8%	10.6%	7.5%	4.2%	-1.2%
Return on assets	9.4%	7.2%	9.5%	6.7%	3.8%	-1.1%
Operating cash flow / revenue	6.5%	22.2%	17.4%	18.5%	22.3%	25.5%
Capex / revenue	4.8%	5.0%	6.5%	2.9%	7.5%	9.8%

Margins divide by revenue for the same year. Return on equity and assets divide net income by the average of that year's and the prior year's balance, as DART reports them (consolidated, including minority interests).

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What a US investor should know

Trading hours09:00–15:30 KST — 20:00–02:30 US Eastern the night before.
Daily limitKorean stocks can move at most ±30% in a session before trading halts.
Getting exposureKRX shares are not directly tradable in most US brokerage accounts. The usual routes are Korea ETFs or an international account.
ReportingKorean issuers file to DART, not the SEC. Half-year and quarterly reports land about 45 days after period end.