GSE Co., Ltd.: debt-to-equity, ROE and more
KOSDAQ, Legal name GSE Co., Ltd.
Latest figures are the FY2025 separate summary statements.
Latest fiscal year ratios (computed here)
- Debt/equity
- 141.4%
- Equity ratio
- 41.4%
- ROE
- 4.0%
- Op. margin
- 4.3%
- Rev. growth
- 9.3%
- Interest coverage
- n/a
Condition flags
- Operating profit for 5 straight years.
- Total equity is above paid-in capital. Not capital-impaired.
Interest coverage and dividends (OpenDART)
Interest expense and dividends come from DART's OpenDART annual-report filings, not the FSC summary statements used above. The source differs from the other tables on this page.
Interest coverage = operating profit ÷ interest expenseNo interest expense value yet for this company. Most companies fold interest expense into a single finance-costs line on their income statement, so it cannot be pulled out separately. Interest coverage is not computed here.
Dividends, last 3 fiscal years
| Fiscal year | Cash dividend per share | Payout ratio |
|---|---|---|
| 2025 | ₩40 | 31.0% |
| 2024 | ₩40 | 33.7% |
| 2023 | ₩40 | 21.5% |
Cash dividends for 3 straight years (only the 3 years OpenDART returns).
Source values from the OpenDART (금융감독원 전자공시) annual report. Report fiscal year 2025.
Ratios by year (computed here)
Debt-to-equity = total liabilities ÷ total equity × 100Equity ratio = total equity ÷ total assets × 100ROE = net income ÷ year-end total equity × 100Operating margin = operating profit ÷ revenue × 100Revenue growth = (this year − last year) ÷ last year × 100
Computed from the source figures above with these formulas. Where the source's own debt-to-equity differs from ours, both are shown for that year.
| Fiscal year | Debt/equity | Equity ratio | ROE | Op. margin | Rev. growth |
|---|---|---|---|---|---|
| FY2021 separate | 115.9% | 46.3% | 4.9% | 3.6% | n/a |
| FY2022 separate | 130.9% | 43.3% | 6.7% | 2.7% | 34.1% |
| FY2023 separate | 126.1% | 44.2% | 6.0% | 2.6% | -2.2% |
| FY2024 separate | 152.5% | 39.6% | 3.8% | 3.2% | -7.8% |
| FY2025 separate | 141.4% | 41.4% | 4.0% | 4.3% | 9.3% |
Source figures (FSC summary statements)
Amounts are the source values, shortened. A cell reported as zero may be blank in the source, so it is not used in any ratio.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | ₩128.7B | ₩172.6B | ₩168.8B | ₩155.6B | ₩170.1B |
| Operating profit | ₩4.6B | ₩4.6B | ₩4.4B | ₩4.9B | ₩7.3B |
| Pre-tax income | ₩4.8B | ₩7.0B | ₩6.6B | ₩3.8B | ₩4.6B |
| Net income | ₩4.1B | ₩5.9B | ₩5.6B | ₩3.6B | ₩3.9B |
| Total assets | ₩179.7B | ₩204.7B | ₩209.4B | ₩238.4B | ₩234.3B |
| Total liabilities | ₩96.5B | ₩116.0B | ₩116.8B | ₩144.0B | ₩137.3B |
| Total equity | ₩83.2B | ₩88.6B | ₩92.6B | ₩94.4B | ₩97.1B |
| Paid-in capital | ₩15.3B | ₩15.3B | ₩15.3B | ₩15.3B | ₩15.3B |
| Debt/equity (source value) | 115.9% | 130.9% | 126.1% | 152.5% | 141.4% |
Company outline (FSC)
- Market
- KOSDAQ
- Fiscal year end
- Dec
- Founded
- 1989-04-21
- Listed
- 01/10/11
- Employees
- 82
- Auditor
- 삼덕회계법인
- Audit opinion
- 적정의견
- Corporate reg. no.
- 1101110624969
- Outline updated
- 2026-09-24
Check the original filings
Read the annual report and audit report before you decide anything. The link opens a DART search for this company's name.
Search DART for 지에스이Computed from the Financial Services Commission's company outline and summary statements (data.go.kr). Data as of 2026-09-24.