Income Statement KZ Precision Corporation

Stocks

A036560

KR7036560001

Industrial Machinery & Equipment

End-of-day quote Korea S.E. 2026-09-23			5-day change	1st Jan Change
12,040.00 ^KRW	+0.75%		-0.66%	-20.11%

02-02	KZ Precision Q4 operating profit 1.4 billion won, down 51% from year earlier	RE
11-05	KZ Precision Corporation announces Annual dividend, payable on April 07, 2026	CI

3326a.ZLzUqRn_Pb1QjajiWs8sVQdR4tJgN8qs6k4QElTy_Is.UcmH3liKfusC19-qF_lqBCootZ4maIT4khtjagC0mbIF77D5V6B-9Si5mA

Published financial data: KZ PRECISION CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (KRW)	2022 (KRW)	2023 (KRW)	2024 (KRW)	2025 (KRW)
Revenues	78.74B	89.07B	139B	113B	111B
Other Revenues, Total	-10	-10	-	-	-10
Total Revenues	78.74B	89.07B	139B	113B	111B
Cost of Goods Sold, Total	57.81B	63.96B	103B	80.72B	75.75B
Gross Profit	20.94B	25.11B	35.97B	32B	34.76B
Selling General & Admin Expenses, Total	11.4B	12.31B	14.18B	15.63B	23.27B
Provision for Bad Debts	-1.3M	-157M	-8.2M	83.2M	109M
Depreciation & Amortization - (IS)	624M	628M	635M	707M	803M
Amortization of Goodwill and Intangible Assets - (IS)	99.42M	55.25M	43.83M	43.6M	51.95M
Other Operating Expenses	276M	298M	312M	327M	345M
Other Operating Expenses, Total	12.4B	13.14B	15.16B	16.79B	24.58B
Operating Income	8.53B	11.97B	20.81B	15.2B	10.18B
Interest Expense, Total	-8.11M	-13.3M	-35.4M	-206M	-1.83B
Interest And Investment Income	5.68B	7.71B	12.41B	7.85B	4.34B
Net Interest Expenses	5.67B	7.7B	12.37B	7.64B	2.51B
Currency Exchange Gains (Loss)	629M	-190M	361M	668M	173M
Other Non Operating Income (Expenses)	88.57M	146M	54.28M	-116M	-225M
EBT, Excl. Unusual Items	14.92B	19.62B	33.6B	23.4B	12.64B
Gain (Loss) On Sale Of Investments	585M	-280M	720M	776M	65.9M
Gain (Loss) On Sale Of Assets	74.48M	163M	153M	96.9M	-156K
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	15.58B	19.51B	34.47B	24.27B	12.7B
Income Tax Expense	3.83B	4B	5.26B	5.07B	3.4B
Earnings From Continuing Operations	11.76B	15.51B	29.21B	19.2B	9.3B
Net Income to Company	11.76B	15.51B	29.21B	19.2B	9.3B
Net Income - (IS)	11.76B	15.51B	29.21B	19.2B	9.3B
Net Income to Common Incl Extra Items	11.76B	15.51B	29.21B	19.2B	9.3B
Net Income to Common Excl. Extra Items	11.76B	15.51B	29.21B	19.2B	9.3B
Per Share Items
Net EPS - Basic	746.35	984.74	1.85K	1.22K	590.67
Basic EPS - Continuing Operations	746.35	984.74	1.85K	1.22K	590.67
Basic Weighted Average Shares Outstanding	15.75M	15.75M	15.75M	15.75M	15.75M
Net EPS - Diluted	746.35	984.74	1.85K	1.22K	590.67
Diluted EPS - Continuing Operations	746.35	984.74	1.85K	1.22K	590.67
Diluted Weighted Average Shares Outstanding	15.75M	15.75M	15.75M	15.75M	15.75M
Normalized Basic EPS	592.09	778.72	1.33K	928.4	501.51
Normalized Diluted EPS	592.09	778.72	1.33K	928.4	501.51
Payout Ratio	46.89	35.54	21.56	49.22	135.44
Supplemental Items
EBITDA	11.64B	14.95B	23.84B	18.37B	13.4B
EBITA	8.71B	12.05B	20.88B	15.27B	10.25B
EBIT	8.53B	11.97B	20.81B	15.2B	10.18B
EBITDAR	11.88B	15.19B	24.08B	18.63B	13.63B
Effective Tax Rate - (Ratio)	24.55	20.49	15.26	20.89	26.77
Normalized Net Income	9.33B	12.26B	21B	14.62B	7.9B
Supplemental Operating Expense Items
Advertising Expense	-	1.05M	10.6M	1.1M	2.7M
Selling and Marketing Expenses	1.19B	1.21B	1.7B	2.51B	2.41B
General and Administrative Expenses	69.19M	66.48M	67.8M	83.6M	85.34M
Net Rental Expense, Total	237M	233M	241M	261M	229M
Imputed Operating Lease Interest Expense	22.78M	34.89M	84.76M	25.46M	103M
Imputed Operating Lease Depreciation	214M	198M	156M	236M	126M
Maintenance & Repair Expenses, Total	338M	372M	367M	367M	364M

Fiscal Period: December	2021 (KRW)	2022 (KRW)	2023 (KRW)	2024 (KRW)	2025 (KRW)
Assets
Cash And Equivalents	12.62B	8.59B	29.34B	33.4B	11.06B
Short Term Investments	11B	3.8B	-140	-100	430
Trading Asset Securities, Total	15.06B	9.16B	2.98B	-	29.14B
Total Cash And Short Term Investments	38.68B	21.55B	32.32B	33.4B	40.19B
Accounts Receivable, Total	15.98B	23.82B	27.63B	26.82B	18.75B
Other Receivables	2.22B	1.78B	4.06B	1.9B	2.03B
Notes Receivable	734M	606M	815M	1.15B	782M
Total Receivables	18.94B	26.21B	32.5B	29.87B	21.56B
Inventory	20.77B	28.27B	29.02B	24.06B	26.75B
Prepaid Expenses	39.79M	70.93M	66.52M	307M	307M
Other Current Assets, Total	163M	1.33B	153M	82.95M	344M
Total Current Assets	78.6B	77.42B	94.06B	87.72B	89.16B
Gross Property Plant And Equipment	69.72B	72.11B	73.51B	76.91B	74.12B
Accumulated Depreciation	-24.12B	-27.65B	-29.7B	-31.98B	-31.66B
Net Property Plant And Equipment	45.6B	44.47B	43.81B	44.93B	42.46B
Long-term Investments	240B	270B	237B	451B	582B
Other Intangibles, Total	3.01B	3B	3.5B	3.48B	3.5B
Loans Receivable Long-Term	6.82B	8.05B	10.7B	9.69B	8.42B
Other Long-Term Assets, Total	4.77B	8.79B	7.54B	7.13B	8.21B
Total Assets	378B	412B	396B	604B	734B
Liabilities
Accounts Payable, Total	9.47B	11.97B	10.36B	8.3B	8.3B
Accrued Expenses, Total	611M	616M	748M	828M	860M
Current Portion of Long-Term Debt	-	-	-	-	30B
Current Portion of Leases	393M	396M	525M	688M	704M
Current Income Taxes Payable	1.24B	3.53B	3.91B	2.27B	990M
Other Current Liabilities	5.08B	13.95B	9.83B	7.74B	7.45B
Total Current Liabilities	16.8B	30.46B	25.38B	19.82B	48.31B
Long-Term Debt	-	-	-	30B	-
Long-Term Leases	294M	341M	350M	2.18B	1.61B
Pension & Other Post Retirement Benefits	13.67M	-	-	-	-
Deferred Tax Liability Non Current	41.18B	40.68B	33.99B	69.89B	103B
Other Non Current Liabilities	174M	173M	182M	177M	276M
Total Liabilities	58.46B	71.66B	59.9B	122B	153B
Common Stock, Total	7.88B	7.88B	7.88B	7.88B	7.88B
Additional Paid In Capital	3.23B	3.23B	3.23B	3.23B	3.23B
Retained Earnings	156B	166B	188B	196B	192B
Comprehensive Income and Other	153B	163B	138B	275B	378B
Total Common Equity	320B	341B	336B	482B	581B
Total Equity	320B	341B	336B	482B	581B
Total Liabilities And Equity	378B	412B	396B	604B	734B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	15.75M	15.75M	15.75M	15.75M	15.75M
ECS Total Common Shares Outstanding	15.75M	15.75M	15.75M	15.75M	15.75M
Book Value / Share	20.31K	21.62K	21.36K	30.63K	36.9K
Tangible Book Value	317B	338B	333B	479B	578B
Tangible Book Value Per Share	20.12K	21.43K	21.14K	30.41K	36.68K
Total Debt	686M	737M	875M	32.87B	32.31B
Net Debt	-38B	-20.81B	-31.45B	-530M	-7.88B
Debt Equivalent Oper. Leases	1.89B	1.87B	1.93B	2.09B	1.84B
Inventories - Raw Materials, Total	9.13B	14.1B	14.03B	11.08B	11.94B
Inventories - Work In Process, Total	11.28B	13.86B	13.73B	12.33B	10.71B
Inventories - Finished Goods, Total	692M	653M	1.46B	1.16B	4.54B
Inventories - Others	-10	-10	-70	100	-420
Land - (BS)	18.64B	18.64B	18.64B	18.64B	18.6B
Buildings, Total	25.07B	25.35B	25.35B	25.47B	25.83B
Machinery, Total	25.34B	25.92B	26.74B	27.55B	27.58B
Accumulated Allowance for Doubtful Accounts (Supple)	161M	25.97M	13.4M	92.16M	157M

Fiscal Period: December	2021 (KRW)	2022 (KRW)	2023 (KRW)	2024 (KRW)	2025 (KRW)
Net Income	11.76B	15.51B	29.21B	19.2B	9.3B
Depreciation & Amortization - CF	2.92B	2.9B	2.96B	3.1B	3.16B
Amortization of Goodwill and Intangible Assets - (CF)	181M	82.28M	70.43M	66.5M	67.55M
Depreciation & Amortization, Total	3.11B	2.98B	3.03B	3.17B	3.22B
(Gain) Loss From Sale Of Asset	-74.48M	-163M	-153M	-96.9M	156K
(Gain) Loss on Sale of Investments - (CF)	-585M	280M	-720M	-776M	-65.9M
Asset Writedown & Restructuring Costs	-	-	-	-	-
Provision and Write-off of Bad Debts	-1.3M	-157M	-8.2M	83.2M	109M
Other Operating Activities, Total	871M	3.36B	2.15B	348M	7.34B
Change In Accounts Receivable	-738M	-7.77B	-3.8B	918M	7.92B
Change In Inventories	-1.18B	-7.51B	-735M	4.66B	-2.64B
Change In Accounts Payable	3.96B	2.5B	-1.6B	-2.07B	8.56M
Change in Other Net Operating Assets	1.56B	3.69B	-7.1B	-3.24B	-13.04B
Cash from Operations	18.67B	12.73B	20.27B	22.2B	12.16B
Capital Expenditure	-1.47B	-1.31B	-1.79B	-1.85B	-721M
Sale of Property, Plant, and Equipment	152M	231M	180M	106M	43.47M
Sale (Purchase) of Real Estate properties	65.24M	-	-	-	-
Sale (Purchase) of Intangible assets	-149M	-72.5M	-571M	-50.14M	-82M
Investment in Marketable and Equity Securities, Total	-19.8B	-7.75B	12.31B	-37.76B	-22.34B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-2.42B	-1.1B	-2.86B	674M	1.64B
Other Investing Activities, Total	-1.29B	-792M	8.5M	660M	182M
Cash from Investing	-24.91B	-10.79B	7.28B	-38.22B	-21.28B
Long-Term Debt Issued, Total	-	-	-	30B	-
Total Debt Issued	-	-	-	30B	-
Long-Term Debt Repaid, Total	-386M	-399M	-442M	-471M	-574M
Total Debt Repaid	-386M	-399M	-442M	-471M	-574M
Common & Preferred Stock Dividends Paid	-5.51B	-5.51B	-6.3B	-9.45B	-12.6B
Common & Preferred Stock Dividends Paid	-5.51B	-5.51B	-6.3B	-9.45B	-12.6B
Other Financing Activities, Total	-	-	-	-10	-
Cash from Financing	-5.9B	-5.91B	-6.74B	20.08B	-13.17B
Foreign Exchange Rate Adjustments	112M	-62.59M	-51.43M	680K	-56.12M
Miscellaneous Cash Flow Adjustments	-	-	-10	10	-10
Net Change in Cash	-12.03B	-4.04B	20.76B	4.05B	-22.34B
Supplemental Items
Cash Interest Paid	-	-	35.4M	206M	1.83B
Cash Income Tax Paid (Refund)	4.66B	2.44B	4.43B	6.79B	5.04B
Levered Free Cash Flow	9.4B	6.77B	2.57B	12.34B	11.48B
Unlevered Free Cash Flow	9.4B	6.78B	2.6B	12.47B	12.62B
Change In Net Working Capital	-2.58B	2.3B	11.08B	-1.7B	-3.83B
Net Debt Issued / Repaid	-386M	-399M	-442M	29.53B	-574M

Fiscal Period: December	2021 (KRW)	2022 (KRW)	2023 (KRW)	2024 (KRW)	2025 (KRW)
Profitability
Return on Assets	1.51	1.89	3.22	1.9	0.95
Return on Total Capital	1.77	2.26	3.83	2.23	1.13
Return On Equity %	3.91	4.7	8.63	4.69	1.75
Return on Common Equity	3.91	4.7	8.63	4.69	1.75
Margin Analysis
Gross Profit Margin %	26.59	28.19	25.93	28.39	31.46
SG&A Margin	14.48	13.82	10.22	13.87	21.06
EBITDA Margin %	14.78	16.79	17.19	16.3	12.13
EBITA Margin %	11.07	13.53	15.05	13.55	9.27
EBIT Margin %	10.84	13.44	15	13.49	9.21
Income From Continuing Operations Margin %	14.93	17.41	21.06	17.03	8.42
Net Income Margin %	14.93	17.41	21.06	17.03	8.42
Net Avail. For Common Margin %	14.93	17.41	21.06	17.03	8.42
Normalized Net Income Margin	11.84	13.77	15.14	12.97	7.15
Levered Free Cash Flow Margin	11.93	7.61	1.86	10.95	10.38
Unlevered Free Cash Flow Margin	11.94	7.62	1.87	11.06	11.42
Asset Turnover
Asset Turnover	0.22	0.23	0.34	0.23	0.17
Fixed Assets Turnover	1.71	1.98	3.14	2.54	2.53
Receivables Turnover (Average Receivables)	5.04	4.48	5.39	4.14	4.85
Inventory Turnover (Average Inventory)	2.86	2.61	3.59	3.04	2.98
Short Term Liquidity
Current Ratio	4.68	2.54	3.71	4.43	1.85
Quick Ratio	3.39	1.55	2.52	3.13	1.26
Operating Cash Flow to Current Liabilities	1.11	0.42	0.8	1.12	0.25
Days Sales Outstanding (Average Receivables)	72.37	81.56	67.7	88.41	75.25
Days Outstanding Inventory (Average Inventory)	127.54	139.94	101.76	120.34	122.43
Average Days Payable Outstanding	46.39	54.76	39.39	45.07	38.62
Cash Conversion Cycle (Average Days)	153.52	166.75	130.08	163.68	159.06
Long Term Solvency
Total Debt/Equity	0.21	0.22	0.26	6.81	5.56
Total Debt / Total Capital	0.21	0.22	0.26	6.38	5.27
LT Debt/Equity	0.09	0.1	0.1	6.67	0.28
Long-Term Debt / Total Capital	0.09	0.1	0.1	6.25	0.26
Total Liabilities / Total Assets	15.45	17.38	15.11	20.2	20.82
EBIT / Interest Expense	1.05K	899.77	587.78	73.93	5.57
EBITDA / Interest Expense	1.44K	1.12K	673.25	89.33	7.34
(EBITDA - Capex) / Interest Expense	1.25K	1.03K	622.76	80.34	6.94
Total Debt / EBITDA	0.06	0.05	0.04	1.79	2.41
Net Debt / EBITDA	-3.26	-1.39	-1.32	-0.03	-0.59
Total Debt / (EBITDA - Capex)	0.07	0.05	0.04	1.99	2.55
Net Debt / (EBITDA - Capex)	-3.74	-1.53	-1.43	-0.03	-0.62
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-13.32	13.11	55.73	-18.74	-1.95
Gross Profit, 1 Yr. Growth %	-5.85	19.92	43.27	-11.04	8.65
EBITDA, 1 Yr. Growth %	-13.23	28.48	59.41	-22.93	-27.03
EBITA, 1 Yr. Growth %	-17.55	38.3	73.25	-26.87	-32.89
EBIT, 1 Yr. Growth %	-17.43	40.27	73.85	-26.94	-33.04
Earnings From Cont. Operations, 1 Yr. Growth %	-11.84	31.94	88.36	-34.28	-51.54
Net Income, 1 Yr. Growth %	-11.84	31.94	88.36	-34.28	-51.54
Normalized Net Income, 1 Yr. Growth %	-2.51	31.52	71.22	-30.37	-45.98
Diluted EPS Before Extra, 1 Yr. Growth %	-11.84	31.94	88.36	-34.28	-51.54
Accounts Receivable, 1 Yr. Growth %	4.88	49.04	15.97	-2.91	-30.11
Inventory, 1 Yr. Growth %	5.87	36.08	2.64	-17.06	11.17
Net Property, Plant and Equip., 1 Yr. Growth %	-2.43	-2.49	-1.47	2.55	-5.5
Total Assets, 1 Yr. Growth %	15.78	8.96	-3.85	52.5	21.43
Tangible Book Value, 1 Yr. Growth %	13.82	6.54	-1.36	43.83	20.63
Common Equity, 1 Yr. Growth %	13.66	6.47	-1.2	43.37	20.48
Cash From Operations, 1 Yr. Growth %	134.38	-31.81	59.25	9.5	-45.2
Capital Expenditures, 1 Yr. Growth %	-3.65	-11.26	36.82	3.35	-61
Levered Free Cash Flow, 1 Yr. Growth %	318.17	-27.9	-62.01	379.34	-7
Unlevered Free Cash Flow, 1 Yr. Growth %	317.33	-27.85	-61.73	380.2	1.21
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.47	-0.98	32.72	12.49	-10.74
Gross Profit, 2 Yr. CAGR %	-1.77	6.25	31.07	12.89	-1.69
EBITDA, 2 Yr. CAGR %	-6.02	5.59	43.11	10.84	-25.01
EBITA, 2 Yr. CAGR %	-8.2	6.79	54.79	12.56	-29.94
EBIT, 2 Yr. CAGR %	-8.13	7.62	56.16	12.7	-30.06
Earnings From Cont. Operations, 2 Yr. CAGR %	-3.33	7.85	57.65	11.26	-43.57
Net Income, 2 Yr. CAGR %	-3.33	7.85	57.65	11.26	-43.57
Normalized Net Income, 2 Yr. CAGR %	-0.12	13.23	50.06	9.19	-38.67
Diluted EPS Before Extra, 2 Yr. CAGR %	-3.33	7.85	57.65	11.26	-43.57
Accounts Receivable, 2 Yr. CAGR %	17.46	25.03	31.47	6.11	-17.63
Inventory, 2 Yr. CAGR %	-0.23	20.03	18.18	-7.74	-3.98
Net Property, Plant and Equip., 2 Yr. CAGR %	-2.7	-2.46	-1.98	0.52	-1.56
Total Assets, 2 Yr. CAGR %	6.26	12.32	2.36	21.09	36.08
Tangible Book Value, 2 Yr. CAGR %	6.16	10.12	2.51	19.11	31.72
Common Equity, 2 Yr. CAGR %	6.05	10.01	2.56	19.02	31.43
Cash From Operations, 2 Yr. CAGR %	3.27	26.42	4.21	32.05	-22.53
Capital Expenditures, 2 Yr. CAGR %	21.16	-7.53	10.19	18.92	-36.51
Levered Free Cash Flow, 2 Yr. CAGR %	-4.23	73.63	-47.66	34.95	111.14
Unlevered Free Cash Flow, 2 Yr. CAGR %	-4.24	73.52	-47.45	35.57	120.45
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	6.11	5.9	15.15	12.7	7.46
Gross Profit, 3 Yr. CAGR %	2.64	4.98	17.38	15.19	11.46
EBITDA, 3 Yr. CAGR %	-0.42	4.31	21.13	16.43	-3.58
EBITA, 3 Yr. CAGR %	-2.44	5.24	25.48	20.56	-5.26
EBIT, 3 Yr. CAGR %	-2.16	5.79	26.27	21.23	-5.26
Earnings From Cont. Operations, 3 Yr. CAGR %	1.25	7.23	29.88	17.77	-15.66
Net Income, 3 Yr. CAGR %	1.25	7.23	29.88	17.77	-15.66
Normalized Net Income, 3 Yr. CAGR %	3.81	9.48	29.97	16.18	-13.64
Diluted EPS Before Extra, 3 Yr. CAGR %	1.25	7.23	29.88	17.77	-15.66
Accounts Receivable, 3 Yr. CAGR %	-6.05	27.16	21.93	18.84	-7.68
Inventory, 3 Yr. CAGR %	6.33	10.65	13.93	5.02	-1.82
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.32	-2.63	-2.13	-0.49	-1.53
Total Assets, 3 Yr. CAGR %	4.01	7.16	6.65	16.91	21.21
Tangible Book Value, 3 Yr. CAGR %	3.81	6.28	6.15	14.76	19.61
Common Equity, 3 Yr. CAGR %	3.95	6.19	6.13	14.68	19.5
Cash From Operations, 3 Yr. CAGR %	20.79	-10.08	36.53	5.94	-1.5
Capital Expenditures, 3 Yr. CAGR %	17.15	9.21	5.37	7.86	-18
Levered Free Cash Flow, 3 Yr. CAGR %	19.08	-12.88	4.63	9.5	19.2
Unlevered Free Cash Flow, 3 Yr. CAGR %	19.1	-12.86	4.84	9.86	22.98
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.38	6.22	16.04	8.49	4
Gross Profit, 5 Yr. CAGR %	8.27	6.8	13.19	8.08	9.35
EBITDA, 5 Yr. CAGR %	11.62	7.87	15.13	6.87	-0.01
EBITA, 5 Yr. CAGR %	13.42	9.19	17.35	8.11	-0.62
EBIT, 5 Yr. CAGR %	14.01	9.88	17.96	8.5	-0.3
Earnings From Cont. Operations, 5 Yr. CAGR %	10.82	11.12	20.87	8.82	-6.95
Net Income, 5 Yr. CAGR %	10.82	11.12	20.87	8.82	-6.95
Normalized Net Income, 5 Yr. CAGR %	12.18	14.58	20.3	9.36	-3.76
Diluted EPS Before Extra, 5 Yr. CAGR %	10.82	11.12	20.87	8.82	-6.95
Accounts Receivable, 5 Yr. CAGR %	1.24	11.04	7.46	18.28	4.23
Inventory, 5 Yr. CAGR %	2.84	9.63	10.92	2.89	6.39
Net Property, Plant and Equip., 5 Yr. CAGR %	-7.12	-2.47	-2.19	-1.38	-1.9
Total Assets, 5 Yr. CAGR %	0.92	2.15	3.35	12.53	17.57
Tangible Book Value, 5 Yr. CAGR %	1.2	1.72	3.29	11.24	15.72
Common Equity, 5 Yr. CAGR %	1.24	1.79	3.39	11.15	15.61
Cash From Operations, 5 Yr. CAGR %	12.57	2.33	13.86	4.86	8.84
Capital Expenditures, 5 Yr. CAGR %	-32.11	0.94	14.32	13	-13.96
Levered Free Cash Flow, 5 Yr. CAGR %	77.72	2.36	-14.29	3.79	38.56
Unlevered Free Cash Flow, 5 Yr. CAGR %	77.85	2.38	-14.14	3.99	41.14