SYTS

SYTS · 002170

Consumer Discretionary Consumer Durables · KOSPI

Small-cap

Market cap US$109.6M (₩151.2B)

Overview

SYTS makes finished leather, animal hide processed into fabric-like sheets, used in products such as car seats and furniture.

It supplies this leather to customers across both export and domestic markets, with car-seat leather representing a focus area for higher-value output. The company is listed on KOSPI, Korea's main stock exchange, and operates two reported business segments: leather manufacturing and a smaller property-rental business covering several Korean cities.

Summary is AI-generated and may contain errors · figures from DART filings

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$126.6M

▼ −8.7% YoY

Operating profit · FY2025

US$13.4M

▼ −7.8% YoY

Net income · FY2025

US$17.4M

▲ +117.6% YoY

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$129.9M(₩179.3B)	US$138.6M(₩191.3B)	US$126.6M(₩174.7B)
Operating profit	US$12.8M(₩17.7B)	US$14.5M(₩20B)	US$13.4M(₩18.4B)
Net income	US$15.7M(₩21.6B)	US$8M(₩11B)	US$17.4M(₩24B)

Revenue

FY2023US$129.9M
FY2024US$138.6M
FY2025US$126.6M

Operating profit

FY2023US$12.8M
FY2024US$14.5M
FY2025US$13.4M

Net income

FY2023US$15.7M
FY2024US$8M
FY2025US$17.4M

Key ratios (FY2025)

ROE

5.3%

Debt/Eq

4.6%

Op. margin

10.6%

Net margin

13.7%

Rev. YoY

▼ −8.7%

Why it matters

SYTS operates a local subsidiary in Qingdao, China, through which it produces car-seat leather, giving it an offshore manufacturing presence alongside its Korean operations.

Price charts coming soon

Interactive price history isn't here yet. Would you use it?