Samick Musical Instruments

삼익악기 · 002450

Consumer Discretionary Consumer Durables · KOSPI

Small-cap

Market cap US$85.2M (₩117.5B)

Overview

Samick Musical Instruments makes pianos, guitars, electronic keyboards, and orchestral instruments for home players and professional performers alike.

Its products reach customers in the United States, China, Europe, and other markets through dedicated sales subsidiaries in each region. Listed on KOSPI, Korea's main stock exchange, the company also runs a second business supplying combined heat and electricity to residential households in the Gwangju metropolitan area. Much of its musical-instrument revenue flows through an intermediary-trade model, where finished goods produced at its Indonesian manufacturing subsidiary are purchased by the parent and re-exported to third countries.

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

Financials

Source: DART · FY ending Dec · latest FY2025
Revenue · FY2025
US$162.6M
▼ −2.6% YoY
Operating profit · FY2025
US$1.7M
▼ −61.5% YoY
Net income · FY2025
US$12.5M
▲ +453.5% YoY

Revenue

  • FY2023US$179.7M
  • FY2024US$166.9M
  • FY2025US$162.6M

Operating profit

  • FY2023US$4.7M
  • FY2024US$4.3M
  • FY2025US$1.7M

Net income

  • FY2023US$2.5M
  • FY2024US$2.3M
  • FY2025US$12.5M

Key ratios (FY2025)

ROE
6.2%
Debt/Eq
83.8%
Op. margin
1.0%
Net margin
7.7%
Rev. YoY
▼ −2.6%

Why it matters

The company operates two distinct segments, musical instruments and district energy supply, making it structurally unusual for a consumer-goods listing.

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For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-06-12 (KST). · FX: 1 USD ≈ ₩1,380 (2026-06-01).

Company summaries are generated and may contain errors; financial figures are mapped directly from official filings.