KCC GLASS annual group status disclosure: operating loss of 9.4 billion won in 2025 but debt ratio at 59% maintains financial stability, no change in management or ownership structure
As of end-2025, KCC GLASS has total assets of 2.38 trillion KRW and equity of 1.50 trillion KRW, with a debt ratio of 59.10%, indicating a stable financial structure.
In 2025, sales reached 1.87 trillion KRW, but the company recorded an operating loss of 9.4 billion KRW and a net income of only 1.6 billion KRW, raising concerns over profitability deterioration.
The largest shareholder is Jeong Mong-ik and related parties holding 46.36%, while the controlling shareholder Jeong Mong-jin holds 5.78%. Treasury shares account for 0.17%.
Key subsidiary: PT. KCC GLASS INDONESIA (100% owned), for which KCC GLASS provided debt guarantees of 27.7 billion KRW.
Internal transactions with affiliates are minimal, with sales of 16.7 billion KRW (0.89%) and purchases of 42.6 billion KRW (2.51% of total), limited to routine trademark royalties and other ordinary deals.
The board consists of 2 inside directors and 3 outside directors, operating committees including an audit committee. Electronic voting is implemented, with general shareholders' voting participation rate at 4.62%.
[AI Comprehensive Analysis]This is a routine annual disclosure of KCC GLASS's corporate group status, with no material positive or negative events. However, the shift to an operating loss in 2025 signals deteriorating profitability, and future earnings improvement will be a key factor for the stock price.
KOSPI Filing Information
Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]