Korea Refractories Co., Ltd (KRX:010040)

South Korea · Delayed Price · Currency is KRW

1,506.00

+17.00 (1.14%)

Nov 4, 2026, 3:30 PM KST

Korea Refractories Financials Overview

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	388,218	406,341	416,008	411,810	358,774	271,738
Revenue Growth	-9.31%	-2.32%	1.02%	14.78%	32.03%	33.41%
Gross Profit	41,428	35,257	41,757	35,167	36,923	34,579
Operating Income	8,758	2,776	8,586	-7,539	10,520	8,589
Net Income	7,785	-21,794	5,505	-14,730	809.21	5,684
Earnings Per Share	201.09	-607.08	155.00	-415.68	22.84	182.32
EPS Growth	-	-	-	-	-87.48%	175.88%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Refractory	217,616	211,130	206,800	193,587	185,319	163,515
Erection	170,601	195,211	209,208	218,223	173,455	108,223
Total	388,218	406,341	416,008	411,810	358,774	271,738

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	9,834	21,838	12,773	6,987	14,736	13,219
Total Debt	33,722	34,145	58,642	57,095	35,733	32,394
Net Cash (Debt)	-23,888	-12,308	-45,869	-50,108	-20,997	-19,175
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-617.02	-342.83	-1294.38	-1414.00	-592.52	-615.01

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-8,005	7,719	18,404	10,240	6,507	16,163
Capital Expenditures	-2,405	-2,443	-5,967	-19,864	-12,620	-4,921
Free Cash Flow	-10,410	5,276	12,437	-9,624	-6,113	11,242
Free Cash Flow Growth	-	-57.58%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	10.67%	8.68%	10.04%	8.54%	10.29%	12.72%
Operating Margin	2.26%	0.68%	2.06%	-1.83%	2.93%	3.16%
Pretax Margin	1.84%	-5.58%	1.65%	-4.09%	0.29%	2.71%
Profit Margin	2.00%	-5.36%	1.32%	-3.58%	0.23%	2.09%
FCF Margin	-2.68%	1.30%	2.99%	-2.34%	-1.70%	4.14%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	7.49	-	13.84	-	123.28	21.98
P/FCF Ratio	-	14.07	6.13	-	-	11.11
PS Ratio	0.16	0.18	0.18	0.26	0.28	0.46