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Korens Inc. (South Korea)

Main Activities: Motor Vehicle Parts Manufacturing | Other Motor Vehicle Parts Manufacturing
Full name: Korens Inc. Profile Updated: October 23, 2023
Buy our report for this company USD 19.99 Most recent financial data: 2022 Available in: English Download a sample report

Korens Inc. is a company located in Yangsan, South Korea. The company's main focus is on environmentally friendly technology and they aim to compete in the global market. Korens Inc. utilizes business diversification and strategic management to achieve their vision. The company's primary business includes products such as EGR Coolers, EGR Valves, and Thermal Mgt Modules. They also have a business fostering pillar which includes products like Inverters, Control Software, and MEA. Additionally, Korens Inc. has a future business pillar which includes products like Drive Units, Nanocatalysts, Collaboration Software, and Infra. Korens Inc. emphasizes their management principles which include being technically oriented, customer-oriented, future-oriented, and globally oriented. They focus on growing their technical competitiveness in their main business areas and expanding related businesses to offer differentiated value. They also prioritize being honest with their customers, seeking win-win solutions, and forming creative relationships based on trust and cooperation. Korens Inc. prepares for the future through continuous monitoring and adjustments and aims to transform into a business for humankind through a global organizational system, culture, and technological development. In terms of their 2030 target, Korens Inc. aims to create a business that can aim to be number one globally. They seek to expand their OEM customer base and develop the industry through the use of nanomaterials. By 2030, they aim to achieve at least KRW 12 trillion in sales and at least 1.3 trillion won in business profits. They also aim to achieve at least 20% market share globally in new business areas. Korens Inc. prides itself on being flexible with changes in the market and having fast strategic responses, securing customers with active responsiveness, and innovative management through the use of new technology.

Headquarters
116, Eogokgongdan-ro Yangsan-si Gyeongnam
Yangsan; Gyeongsangnam; Postal Code: 626220

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Website: http://www.korens.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
June 10, 1996
Key Executives
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Chairman
Ownership Details
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69.8%
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14.2%
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8.5%
Subsidiaries
Corens Em Co.,Ltd.
65%
Company Performance
Financial values in the chart are available after Korens Inc. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
-7.81%
Total operating revenue
-7.81%
Operating profit (EBIT)
-16.19%
EBITDA
-13.98%
Net Profit (Loss) for the Period
-53.34%
Total assets
11.94%
Total equity
-11.19%
Operating Profit Margin (ROS)
-0.82%
Net Profit Margin
-4.76%
Return on Equity (ROE)
-8.76%
Debt to Equity Ratio
39.84%
Quick Ratio
-0.75%
Cash Ratio
-0.12%

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