060370 - LS Marine Solution

060370 Summary

Construction

Stock Price & Overview

₩30,900 +1,200 (+4.04%) Close · Sep 4, 2026 KST

KOSDAQ | ₩KRW | Close: ₩30,900 ≈ US$22 · Market cap ₩1.6tn (≈ $1.2bn)

060370 Financial Statements

Breakdown ₩ bn	FY2025	FY2024	FY2023	FY2022
Total Revenue	244.2	130.3	70.8	42.8
Cost of Revenue	228.1	113.5	50.8	42.5
Gross Profit	16.1	16.8	20.0	0.3
Selling, General & Administrative	9.1	4.4	6.9	6.9
Operating Income	7.0	12.4	13.1	-6.6
Finance Income	31.9	7.1	2.6	4.9
Finance Costs	7.1	3.2	1.2	2.3
Pretax Income	11.0	16.9	14.5	-15.2
Income Tax Expense	2.7	3.7	2.9	-3.1
Net Income	8.4	13.2	11.6	-12.1
Total Comprehensive Income	7.6	13.2	11.0	-11.7

Breakdown ₩ bn	FY2025	FY2024	FY2023	FY2022
Total Assets	739.0	254.3	146.7	120.3
Current Assets	463.5	163.7	66.8	88.6
Cash & Cash Equivalents	73.6	78.5	34.2	70.1
Inventories	1.1	1.6	1.9	1.7
Trade Receivables	56.4	36.2	19.3	9.2
Non-current Assets	275.6	90.6	80.0	31.7
Property, Plant & Equipment	140.2	76.9	74.3	25.9
Intangible Assets	4.8	4.9	0.5	0.1
Total Liabilities	111.0	46.1	24.1	7.9
Current Liabilities	64.5	43.7	23.9	7.6
Non-current Liabilities	46.5	2.4	0.2	0.3
Total Equity	628.1	208.2	122.6	112.4
Share Capital	52.2	32.7	25.9	25.9
Retained Earnings	76.6	73.9	64.7	54.4

Breakdown ₩ bn	FY2025	FY2024	FY2023	FY2022
Cash from Operating Activities	19.9	-6.6	17.0	1.7
Cash from Investing Activities	-471.6	18.5	-51.9	-12.5
Purchase of Property, Plant & Equipment	76.5	8.6	53.6	—
Cash from Financing Activities	447.0	30.7	-0.9	24.2
Dividends Paid	5.0	3.9	0.7	-0.6
Net Change in Cash	-4.6	42.6	-35.8	13.4

Breakdown ₩ bn	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4
Total Revenue	95.4	52.8	55.8	77.0	67.0	44.5	—
Cost of Revenue	86.8	45.7	54.7	73.0	61.2	39.2	—
Gross Profit	8.6	7.1	1.1	4.0	5.8	5.3	—
Selling, General & Administrative	2.5	2.9	2.5	1.9	2.4	2.3	—
Operating Income	6.1	4.2	-1.5	2.1	3.4	3.0	—
Finance Income	11.4	19.4	13.7	14.9	2.2	1.2	—
Finance Costs	2.9	1.6	1.8	0.7	3.7	0.9	—
Pretax Income	9.5	7.9	1.6	4.1	1.9	3.5	—
Income Tax Expense	2.5	1.8	0.6	0.9	0.4	0.8	—
Net Income	7.0	6.1	1.0	3.2	1.4	2.7	—
Total Comprehensive Income	6.6	6.1	0.3	3.2	1.4	2.7	—

Breakdown ₩ bn	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4
Total Assets	785.3	768.2	739.0	705.5	274.1	273.2	254.3
Current Assets	490.2	480.5	463.5	491.3	183.7	184.2	163.7
Cash & Cash Equivalents	178.5	114.9	73.6	109.7	90.8	100.1	78.5
Inventories	1.3	2.2	1.1	1.5	1.4	1.7	1.6
Trade Receivables	200.6	190.2	56.4	44.9	42.1	44.9	36.2
Non-current Assets	295.1	287.7	275.6	214.2	90.4	89.1	90.6
Property, Plant & Equipment	150.4	145.7	140.2	81.3	76.8	75.6	76.9
Intangible Assets	4.8	4.8	4.8	4.8	4.9	4.9	4.9
Total Liabilities	152.6	142.2	111.0	79.7	66.8	67.4	46.1
Current Liabilities	96.2	88.3	64.5	72.4	64.4	65.0	43.7
Non-current Liabilities	56.4	54.0	46.5	7.3	2.4	2.4	2.4
Total Equity	632.7	626.0	628.1	625.8	207.3	205.8	208.2
Share Capital	52.2	52.2	52.2	52.2	32.7	32.7	32.7
Retained Earnings	81.4	74.5	76.6	76.3	73.0	71.6	73.9

Breakdown ₩ bn	2026 Q2	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4
Cash from Operating Activities	12.9	16.4	-9.9	13.7	-5.2	21.3	—
Cash from Investing Activities	58.5	25.2	-63.5	-405.7	-0.7	-1.8	—
Purchase of Property, Plant & Equipment	8.6	3.7	88.3	—	—	—	—
Cash from Financing Activities	-8.4	-0.2	37.2	409.4	-1.6	2.0	—
Dividends Paid	—	—	10.0	0.0	—	—	—
Net Change in Cash	63.0	41.4	-36.1	17.4	-7.5	21.6	—

Consolidated (CFS), from DART. 4 fiscal years and 7 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.

060370 Growth

FY2025 ₩bn	Latest	1-yr	3-yr CAGR	5-yr CAGR	10-yr CAGR
Revenue	244.2	+87.4%	+78.7%	—	—
Operating income	7.0	-43.4%	—	—	—
Net income	8.4	-36.7%	—	—	—
EPS	₩160	-36.7%	—	—	—
Operating cash flow	19.9	—	+127.0%	—	—
Shareholders' equity	628.1	+201.7%	+77.5%	—	—

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.

060370 Profitability

Ratio	FY2025	FY2024	FY2023	FY2022
Gross margin	6.6%	12.9%	28.3%	0.8%
Operating margin	2.9%	9.5%	18.5%	-15.4%
Net margin	3.4%	10.1%	16.4%	-28.3%
Return on equity	2.0%	8.0%	9.9%	-10.8%
Return on assets	1.7%	6.6%	8.7%	-10.1%
Operating cash flow / revenue	8.2%	-5.1%	24.1%	4.0%
Capex / revenue	31.3%	6.6%	75.8%	—

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).

Similar to 060370

Symbol	Last Price
052690KEPCO Engineering & Construction	₩107,600 +0.2%
022100POSCO DX	₩21,650 +1.2%
006360GS Engineering & Construction Corp.	₩34,250 +1.9%
375500DL E & C Co., Ltd.	₩73,400 +1.2%
051600KEPCO Plant Service & Engineering	₩45,800 +1.1%
475150SK eternix	₩52,000 +4.6%
294870Ipark Hyundai Development Company	₩23,300 +0.4%
097230HJ Shipbuilding & Construction	₩16,110 +0.2%
002990KUMHO Engineering & Construction Co., Ltd.	₩16,090 -2.5%
045100Hanyang ENG Co., Ltd.	₩29,850 +2.2%

Compare all 17 in Construction

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.