Meeting voting results
Extraordinary
2026.06.25
- 1 정관일부 변경의 건 Approved Approval 96.7%
- 2 이사보수한도 승인의 건 Approved Approval 94.2%
Financial indicators
Activism target signal
— PBR 0.44 & Debt-to-equity ratio 18.2%
Market cap
464 × 100M KRW
Approx. 374 × 100M KRW excluding treasury shares
PBR
0.44
PER
-
ROE
-9.07%
Dividend yield
-
Debt-to-equity ratio
18.2%
Share price history
Share price
Daily close
Latest close
-
-
5-year high
-
-
5-year low
-
-
Use the period buttons above to adjust the range.
Annual earnings Trend
Financial statements
Consolidated · includes subsidiaries
| Item | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||
| Revenue | 957.1 × 100M KRW | 1,011.1 × 100M KRW | 1,365.2 × 100M KRW | 1,240.2 × 100M KRW | 1,117.1 × 100M KRW | 1,157.3 × 100M KRW | 1,172 × 100M KRW | 866.6 × 100M KRW | 870.5 × 100M KRW | 803.9 × 100M KRW | 860.5 × 100M KRW | 824.5 × 100M KRW | 736.8 × 100M KRW |
| Operating profit | -10.3 × 100M KRW | -50.3 × 100M KRW | 64.2 × 100M KRW | 40.1 × 100M KRW | 21.7 × 100M KRW | 20.4 × 100M KRW | 30.7 × 100M KRW | -8.4 × 100M KRW | 34.4 × 100M KRW | 8.8 × 100M KRW | 9.4 × 100M KRW | 4.4 × 100M KRW | -43.9 × 100M KRW |
| Net income | 2.7 × 100M KRW | -57.1 × 100M KRW | 62.4 × 100M KRW | 40.7 × 100M KRW | 17.7 × 100M KRW | 16.5 × 100M KRW | 5.1 × 100M KRW | -5.4 × 100M KRW | 33.1 × 100M KRW | 15 × 100M KRW | 17.7 × 100M KRW | 7.8 × 100M KRW | -77.5 × 100M KRW |
| Operating margin | -1.08% | -4.97% | 4.70% | 3.23% | 1.95% | 1.77% | 2.62% | -0.97% | 3.95% | 1.09% | 1.09% | 0.53% | -5.96% |
| Balance sheet | |||||||||||||
| Total assets | 1,132.1 × 100M KRW | 1,144.5 × 100M KRW | 1,216.1 × 100M KRW | 1,185.2 × 100M KRW | 1,211 × 100M KRW | 1,226.1 × 100M KRW | 1,223 × 100M KRW | 1,141.7 × 100M KRW | 1,135 × 100M KRW | 1,055.3 × 100M KRW | 1,124.9 × 100M KRW | 1,077.8 × 100M KRW | 989.7 × 100M KRW |
| Total liabilities | 407.3 × 100M KRW | 485 × 100M KRW | 425.3 × 100M KRW | 375.5 × 100M KRW | 436.9 × 100M KRW | 449.8 × 100M KRW | 447.5 × 100M KRW | 362.7 × 100M KRW | 305.7 × 100M KRW | 227.8 × 100M KRW | 266.9 × 100M KRW | 214.6 × 100M KRW | 152.4 × 100M KRW |
| Total equity | 724.8 × 100M KRW | 659.5 × 100M KRW | 790.9 × 100M KRW | 809.7 × 100M KRW | 774.1 × 100M KRW | 776.3 × 100M KRW | 775.5 × 100M KRW | 779 × 100M KRW | 829.3 × 100M KRW | 827.5 × 100M KRW | 858 × 100M KRW | 863.2 × 100M KRW | 837.3 × 100M KRW |
| Cash flow statement | |||||||||||||
| Operating cash flow | - | - | - | - | - | - | - | - | - | - | - | - | -15.5 × 100M KRW |
| Investing cash flow | - | - | - | - | - | - | - | - | - | - | - | - | -19.1 × 100M KRW |
| Financing cash flow | - | - | - | - | - | - | - | - | - | - | - | - | 2 × 100M KRW |
| Investment indicators | |||||||||||||
| ROE | 0.37% | -8.66% | 7.89% | 5.02% | 2.29% | 2.13% | 0.66% | -0.69% | 3.99% | 1.81% | 2.06% | 0.91% | -9.25% |
| Debt-to-equity ratio | 56.20% | 73.53% | 53.77% | 46.38% | 56.43% | 57.94% | 57.71% | 46.55% | 36.86% | 27.53% | 31.10% | 24.86% | 18.20% |
| Separate total assets | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - |
| PER | - | - | - | - | - | - | - | - | - | - | - | - | - |
| PBR | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per share | - | - | KRW 50 | KRW 50 | KRW 50 | - | - | - | - | - | - | - | - |
| Detailed accounts | |||||||||||||
| Current assets | - | - | 387.1 × 100M KRW | - | - | 380.1 × 100M KRW | - | - | 411.3 × 100M KRW | - | - | 363.1 × 100M KRW | 341.2 × 100M KRW |
| Non-current assets | - | - | 829 × 100M KRW | - | - | 846 × 100M KRW | - | - | 723.7 × 100M KRW | - | - | 714.7 × 100M KRW | 648.5 × 100M KRW |
| Current liabilities | - | - | 222.8 × 100M KRW | - | - | 260.8 × 100M KRW | - | - | 216.8 × 100M KRW | - | - | 151.2 × 100M KRW | 106.3 × 100M KRW |
| Non-current liabilities | - | - | 202.5 × 100M KRW | - | - | 189 × 100M KRW | - | - | 88.9 × 100M KRW | - | - | 63.4 × 100M KRW | 46.1 × 100M KRW |
| Equity attributable to owners | - | - | - | - | - | - | - | - | - | - | - | - | 837.3 × 100M KRW |
| Share capital | - | - | 200 × 100M KRW | - | - | 200 × 100M KRW | - | - | 200 × 100M KRW | - | - | 200 × 100M KRW | 200 × 100M KRW |
| Capital surplus | - | - | - | - | - | - | - | - | - | - | - | - | 417.1 × 100M KRW |
| Other equity | - | - | - | - | - | - | - | - | - | - | - | - | -57.6 × 100M KRW |
| Accumulated other comprehensive income | - | - | - | - | - | - | - | - | - | - | - | - | 33.9 × 100M KRW |
| Retained earnings | - | - | 231.2 × 100M KRW | - | - | 250.9 × 100M KRW | - | - | 283.6 × 100M KRW | - | - | 323.2 × 100M KRW | 243.8 × 100M KRW |
ROE is net income divided by closing equity. PER and PBR are omitted when the accounting scope or price date is unverified.
Property holdings
Total book value
425 × 100M KRW
Total assessed land value
369 × 100M KRW
Ratio to market cap
91.6%
Land
1 records
Buildings
1 records
Ownership structure
Articles of incorporation analysis
Analysis date 2026.07.06 14:25
|
Last amended 2022.03.29
Unverified
Original articles of incorporation
주주친화
- 중간배당 및 동등배당: 사업연도 중 1회 이사회 결의로 중간배당을 할 수 있고, 중간배당 기준일 전 발행주식에 대해 동등배당을 명시 (제44조의2)
주주비친화
- 집중투표제 명시적 배제: 집중투표제가 배제되어 소수주주의 이사 선임 영향력이 제한됨 (제29조)
- 이사회 결의만으로 200억원 전환사채 제3자 배정: 주주 외의 자에게 전환사채를 발행할 수 있어 경영권 분쟁 시 우호지분 확보 수단이 될 수 있음 (제13조)
- 이사회 결의만으로 200억원 신주인수권부사채 제3자 배정: 주주 외의 자에게 신주인수권부사채를 발행할 수 있어 지분희석 위험이 있음 (제14조)
- 이사 책임감경 조항: 일반 이사는 최근 1년 보수액의 6배, 사외이사는 3배 초과분 면제가 가능해 주주대표소송의 실효성을 낮출 수 있음 (제39조의2)
- 이사 임기 3년 고정: 상법상 최장 수준의 임기를 두어 이사회 교체 속도를 제한할 수 있음 (제30조)
기타 주목 조항
- 이사·감사 정원: 이사는 3명 이상 8명 이내, 감사는 1명 이상으로 정함 (제28조)
- 감사 제도: 감사위원회가 아니라 상근감사 1인을 두는 구조임 (제28조)
Board of directors
Number of directors
3–8 people
Director term
3 years (Fixed)
Staggered board
None
Cumulative voting
No
Separate chair and CEO
-
Gender diversity requirement
-
Director liability limitation
Exemption above 6.0×
Auditors
Number of auditors
At least 1 person
Auditor term
3 years (Fixed)
Shareholder meetings and dividends
Meeting notice period
14 days
Written voting
No
Electronic voting
-
Dividend record date
매년 12월 31일
Third-party allotment limit by board resolution alone
Convertible bonds (CB)
200 × 100M KRW
Bonds with warrants (BW)
200 × 100M KRW
Compensation basis
- Director
- 주주총회 결의로 정한다
- Auditors
- 주주총회 결의로 정한다
- Retirement payments
- 주주총회 결의를 거친 임원퇴직금 지급규정에 의한다
Executive compensation
Based on 2025 Annual report
Total compensation
8 × 100M KRW
Executives
4 people
Average per executive
2 × 100M KRW
Total dividends
-
Compensation / dividends
No dividend
Holders of 5% or more
| Holder | Holding ratio | Change in ownership | Reason for filing | Filing date |
|---|---|---|---|---|
| 유상옥 | 16.08% | +0.36% | 특별관계자 장내매수 | 2026-08-18 |
| 유상옥 | 15.72% | +0.01% | 특별관계자 장내매수/특별관계자 추가 | 2026-07-09 |
| 유상옥 | 15.71% | +0.19% | 특별관계자 장내매수 | 2026-06-26 |
| 유상옥 | 15.52% | +0.20% | 특별관계자 장내매매/특별관계자 추가 | 2026-06-16 |
| 유상옥 | 15.32% | +0.22% | 특별관계자 장내매매/특별관계자 추가 | 2026-06-04 |
Auditors
Analysis date 2026.10.02 23:01
| Auditor | Type | Term start | Term end | Tenure | D-day |
|---|---|---|---|---|---|
| 이장우 (*2) | Auditor | 2009.03.20 | 2028.03.30 | 17 years | D-512 |
Executives
| Name | Position | Category | Age | Term end |
|---|---|---|---|---|
| 유상옥 (*1) | 사내이사 | Inside director | Age 93 | D-146 |
| 이장우 (*2) | 감사 | 감사 | Age 70 | D-512 |
| 유학수 (*1) | 대표이사 | Inside director | Age 66 | D-146 |
| 유승희 | 상무 | 미등기 | Age 62 | - |
| 김관덕 | 상무 | 미등기 | Age 59 | - |
| 박동진 (*1) | 독립이사 | 독립이사 | Age 57 | D-146 |
| 이광식 | 상무 | 미등기 | Age 57 | - |
| 김영태 | 상무 | 미등기 | Age 52 | - |
DART disclosures
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