20

GRITEE Inc

204020 · KQ · Consumer Cyclical / Apparel Retail

1,596.00KRW-29.00 (-1.78%)

Price History

Full chart

Market Stats

Previous Close1,625.00
Open1,625.00
Day Range1,593.00 – 1,661.00
52-Week Range1,726.00 – 2,405.00
Volume4.68K
Market Cap34.69B
P/E (TTM)0.00
Forward P/E0.00
Dividend Yield6.46%
Beta0.49
50-Day Avg1,835.38
200-Day Avg2,024.20

About

GRITEE, Inc., together with its subsidiaries, engages in the manufacture and sale of apparel in South Korea and China. It also manufactures, wholesales, and retails underwear under the Wonderbra and Playtex brand names. The company was formerly known as MCorset, Inc. GRITEE, Inc. was founded in 1999 and is headquartered in Seoul, South Korea.

Company Details

  • SectorConsumer Cyclical
  • IndustryApparel Retail
  • CEOMr. YoungWoo Moon
  • Employees115
  • Headquarters7, Eonju-ro 151-gil, Seoul, South Korea, Korea
  • Websitehttps://www.gritees.com

Leadership

  • Mr. YoungWoo MoonCEO & Chairman of the Board · b. 1959
  • Mr. Joonyoung ParkHead of Management Control Office & Executive Director · b. 1971
  • Mr. Seong-min JangHead of Business Division & Executive Director · b. 1968
  • Mr. Jin-guk KimMD & Deputy Head of Business Division · b. 1968
  • Ms. Su-Yeon ParkManaging Director · b. 1966
  • Ms. Hyeseon ChoVP and Head of Product Planning & General Management · b. 1969
  • Ms. Jungwon CheonDirector of I&D Department · b. 1972

Financials

Income Statement

Currency: KRW2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue102.49B105.60B125.80B119.26B123.08B123.46B108.70B143.12B176.10B194.74B201.72B
Growth (%)-+3.04%+19.13%-5.20%+3.20%+0.31%-11.95%+31.66%+23.05%+10.58%+3.58%
Cost of Revenue42.42B43.88B50.87B49.01B56.41B58.27B52.55B59.50B70.43B74.29B76.51B
Gross Profit60.06B61.72B74.93B70.25B66.67B65.19B56.15B83.62B105.67B120.45B125.20B
Gross Margin58.61%58.44%59.56%58.91%54.17%52.80%51.66%58.43%60.01%61.85%62.07%
Operating Expense52.88B57.05B64.78B62.41B63.76B63.33B63.71B80.75B94.55B108.14B117.35B
Operating Income7.18B4.66B10.14B7.85B2.91B1.86B-7.56B2.87B11.12B12.31B7.85B
Operating Margin7.01%4.42%8.06%6.58%2.37%1.51%-6.95%2.01%6.32%6.32%3.89%
EBITDA-------7.88B14.90B16.88B12.12B
EBITDA Margin-------5.51%8.46%8.67%6.01%
Net Income5.85B3.53B7.92B5.13B1.80B959.45M-6.85B2.02B8.49B9.72B4.69B
Net Income Margin5.71%3.35%6.30%4.30%1.46%0.78%-6.30%1.41%4.82%4.99%2.33%
R&D1.62B1.70B1.99B2.23B-2.21B2.52B2.82B3.18B3.16B3.28B
R&D as % of Total Revenue1.58%1.61%1.58%1.87%-1.79%2.31%1.97%1.80%1.62%1.62%
Interest Expense00000311.07M248.16M264.35M368.45M377.01M1.18B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.25%0.23%0.18%0.21%0.19%0.59%

Balance Sheet

Currency: KRW2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets55.75B64.74B73.26B95.76B92.15B87.29B86.55B88.50B93.96B102.87B142.25B
Total Liabilities10.13B15.93B17.65B21.43B18.06B15.30B19.80B19.83B18.25B21.20B58.81B
Total Equity45.61B48.81B55.61B74.32B74.10B71.99B66.75B68.68B76.13B81.67B83.94B
Cash1.32B803.20M644.63M252.84M1.07B1.16B3.98M4.01M9.24B5.39M11.98B
Total Debt----2.12B4.76B-----
Net Debt----4.08B2.11B1.89B554.91M--29.52B

Cash Flow

Currency: KRW2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow6.08B852.55M-5.53B5.43B-1.69B3.26B78.94M717.44M13.81B3.16B9.73B
Investing Cash Flow-3.82B-3.69B4.56B-23.50B11.58B4.71B4.11B4.40B-3.09B5.24B-
Financing Cash Flow-1.96B2.32B837.24M17.62B-9.08B-7.86B-4.24B-3.54B-4.17B-5.93B-
Capital Expenditure694.99M2.88B343.01M210.16M207.34M785.15M1.25B694.85M632.83M4.93B45.68B
Free Cash Flow-----2.09B-1.13B100.46M13.13B-1.81B-35.95B
Dividends Paid1.30B1.06B965.67M2.00B1.81B604.42M570.35M-600.65M2.00B2.14B
FCF to OCF-----64.16%-1435.56%14.00%95.10%-57.39%-369.50%
Dividend Paid to FCF-----28.93%-50.33%-4.57%-110.33%-5.94%

Earnings

Report DateNov 14, 2018Mar 7, 2019May 6, 2019Aug 29, 2019Nov 14, 2019Mar 3, 2020Mar 31, 2020Jun 30, 2020Sep 30, 2020Mar 18, 2021May 17, 2021Aug 12, 2021Nov 15, 2021Mar 10, 2022May 9, 2022Aug 11, 2022Nov 11, 2022Mar 9, 2023May 11, 2023Aug 10, 2023Nov 8, 2023Mar 7, 2024May 13, 2024Aug 8, 2024Nov 6, 2024Dec 31, 2024May 15, 2025Aug 11, 2025Nov 5, 2025Dec 31, 2025May 13, 2026Jun 30, 2026
EPS Estimate--------------------------------
EPS Actual197.67-101.0065.5212.336.885.4919.0672.8713.05-57.66-116.6239.68-37.50-232.447.11105.0677.84-88.9664.92169.04159.9929.9284.34220.30168.5312.4451.8386.22122.51-20.81-19.45151.38
Surprise--------------------------------
TimingPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-market-------Pre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-Pre-marketPre-marketPre-market-Pre-market-

Key Statistics & Ratios

Market Cap34.69B
Enterprise Value52.33B
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.18
Price / Book0.40
Revenue (TTM)196.93B
Gross Profit (TTM)123.17B
EBITDA12.95B
Profit Margin2.61%
Operating Margin6.16%
Return on Equity6.20%
Return on Assets3.34%
Shares Outstanding19.33M
Shares Float7.98M
Beta0.49
Dividend Yield6.46%
Dividend Rate115.00
Payout Ratio49.22%

Dividends

20251×
115.00Dec 29, 2025
20241×
110.00Dec 27, 2024
20231×
100.00Dec 27, 2023
20221×
30.00Dec 28, 2022
20211×
30.00Dec 29, 2021
20201×
30.00Dec 29, 2020
20191×
30.00Dec 27, 2019
20181×
90.00Dec 27, 2018

Stock Splits

  • Aug 1, 20192:1