REFINE Co., Ltd.: debt-to-equity, ROE and more
KOSDAQ, Legal name REFINE Co., Ltd.
Latest figures are the FY2025 separate summary statements.
Latest fiscal year ratios (computed here)
- Debt/equity
- 5.3%
- Equity ratio
- 94.9%
- ROE
- 4.1%
- Op. margin
- 30.8%
- Rev. growth
- n/a
- 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 | ₩260 | 49.7% |
| 2024 | n/a | n/a |
| 2023 | n/a | n/a |
Cash dividends for 1 straight year (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 consolidated | 9.1% | 91.6% | 12.5% | n/a | n/a |
| FY2022 separate | 9.2% | 91.6% | 12.7% | n/a | n/a |
| FY2023 separate | 9.0% | 91.7% | 13.7% | n/a | n/a |
| FY2024 separate | 6.6% | 93.8% | 12.1% | n/a | n/a |
| FY2025 separate | 5.3% | 94.9% | 4.1% | 30.8% | n/a |
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 | 0 | 0 | 0 | 0 | ₩61.6B |
| Operating profit | ₩21.0B | ₩17.9B | ₩22.6B | ₩20.5B | ₩18.9B |
| Pre-tax income | ₩21.3B | ₩19.5B | ₩28.1B | ₩25.3B | ₩13.9B |
| Net income | ₩16.9B | ₩17.7B | ₩21.7B | ₩20.6B | ₩9.1B |
| Total assets | ₩147.2B | ₩152.2B | ₩172.9B | ₩181.6B | ₩234.9B |
| Total liabilities | ₩12.3B | ₩12.8B | ₩14.3B | ₩11.2B | ₩11.9B |
| Total equity | ₩134.9B | ₩139.4B | ₩158.6B | ₩170.4B | ₩223.0B |
| Paid-in capital | ₩1.7B | ₩1.7B | ₩1.7B | ₩1.7B | ₩1.7B |
| Debt/equity (source value) | 9.1% | 9.2% | 9.0% | 6.6% | 5.3% |
Company outline (FSC)
- Market
- KOSDAQ
- Fiscal year end
- Dec
- Founded
- 2002-07-10
- Listed
- 21/10/29
- Employees
- 249
- Auditor
- 이촌회계법인
- Audit opinion
- 적정의견
- Corporate reg. no.
- 1101112564478
- 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 리파인Computed from the Financial Services Commission's company outline and summary statements (data.go.kr). Data as of 2026-09-24.