KCC Corporation financial statements, 6 years: Back to a profit in 2022 after a net loss of KRW 53.2bn in 2021
Consolidated financial statements for 2020–2025 and the 2026 half-year report that KCC Corporation filed with DART, laid out by year. No interpretation or outlook.
KCC Corporation financial statements, 6 years: Back to a profit in 2022 after a net loss of KRW 53.2bn in 2021
The consolidated financial statements in the 2020–2025 annual reports that KCC Corporation (002380) filed with Korea’s DART electronic disclosure system, laid out by year. Figures from the 2026 half-year report cover a different period and are shown separately. Every figure below is taken as filed in the DART submissions; there is no interpretation or outlook. Amounts are in Korean won (KRW; bn = billion, tn = trillion).
1. Income statement — the sign of net income changed in 2 years
| Fiscal year | Revenue | Revenue change | Operating income | Op. income change | Operating margin | Net income |
|---|---|---|---|---|---|---|
| 2020 | 5.08tn | — | 133.8bn | — | 2.6% | 514.1bn |
| 2021 | 5.87tn | +15.57% | 388.8bn | +190.46% | 6.6% | −53.2bn |
| 2022 | 6.77tn | +15.32% | 467.7bn | +20.29% | 6.9% | 28.7bn |
| 2023 | 6.29tn | −7.18% | 312.5bn | −33.17% | 5.0% | 47.4bn |
| 2024 | 6.66tn | +5.89% | 471.1bn | +50.74% | 7.1% | 326.6bn |
| 2025 | 6.48tn | −2.63% | 427.6bn | −9.23% | 6.6% | 1.54tn |
Revenue was largest in 2022 at KRW 6.77tn and smallest in 2020 at KRW 5.08tn among the six years. It fell from the previous year twice: 2023 (−7.18%), 2025 (−2.63%).
Operating income was largest in 2024 at KRW 471.1bn and smallest in 2020 at KRW 133.8bn. The operating margin was highest in 2024 at 7.1%.
Net income was largest in 2025 at KRW 1.54tn and smallest in 2021 at KRW −53.2bn.
2. Financial position — equity became 1.49x
| Fiscal year | Total assets | Total equity | Debt ratio | Current ratio |
|---|---|---|---|---|
| 2020 | 12.35tn | 5.25tn | 135.4% | 111.9% |
| 2021 | 12.88tn | 5.38tn | 139.6% | 135.9% |
| 2022 | 13.12tn | 5.55tn | 136.3% | 140.4% |
| 2023 | 13.62tn | 5.64tn | 141.3% | 108.9% |
| 2024 | 13.41tn | 5.27tn | 154.6% | 123.6% |
| 2025 | 16.80tn | 7.82tn | 114.8% | 100.0% |
The debt ratio was highest in 2024 at 154.6% and lowest in 2025 at 114.8%.
Over the same period total assets went from KRW 12.35tn to KRW 16.80tn (1.36x), and total equity went from KRW 5.25tn to KRW 7.82tn and became 1.49x.
The current ratio was above 100% in all six years, ranging from 100.0% to 140.4%.
3. Cash flow — positive in all six years
| Fiscal year | Operating cash flow | Net income | ROE |
|---|---|---|---|
| 2020 | 679.9bn | 514.1bn | 9.8% |
| 2021 | 424.0bn | −53.2bn | −1.0% |
| 2022 | 384.6bn | 28.7bn | 0.5% |
| 2023 | 788.3bn | 47.4bn | 0.8% |
| 2024 | 596.8bn | 326.6bn | 6.2% |
| 2025 | 789.5bn | 1.54tn | 19.7% |
Operating cash flow was positive in all six years. It was largest in 2025 at KRW 789.5bn and smallest in 2022 at KRW 384.6bn.
ROE was highest in 2025 at 19.7% and lowest in 2021 at −1.0%.
4. Latest half-year report (end of H1, 69th fiscal period, consolidated basis)
The period differs, so these figures cannot be compared directly with the annual tables above. Only cumulative figures for the same period of the previous year are compared.
| Item | 2026 cumulative | Same period last year | Change |
|---|---|---|---|
| Revenue | 3.42tn | 3.27tn | +4.55% |
| Operating income | 222.5bn | 258.1bn | −13.78% |
| Net income | 3.06tn | 937.3bn | +226.05% |
| Finance income | 4.32tn | 1.43tn | +201.83% |
| Operating cash flow | 116.1bn | — | — |
At the end of the period, total assets were KRW 21.12tn, total liabilities KRW 10.11tn and total equity KRW 11.02tn.
The cumulative operating margin was 6.5%.
5. Ownership, dividends and staff (as of the 2025 annual report)
- Largest shareholder: 정몽진 (name as filed), stake 20.00%
- Cash dividend per share KRW 15,000, payout ratio 7.17%, dividend yield 3.09%
- Employees: 3,583, average pay per employee KRW 84m
How to read this
This page lays out the filed figures by year and nothing more. Financial statements do not say why the numbers moved, so neither do we.
The order of publication follows revenue in the latest fiscal year and has nothing to do with the content.
To check the same figures, search for the company on DART and open the consolidated financial statements in its annual reports. Every number here was computed from the 2020–2025 annual reports and the interim report downloaded through the OpenDART API on 2026-10-28; ratios divide the filed account amounts.
This article is for information only and is not investment advice.