Coway
코웨이 · 021240
Consumer Discretionary Consumer Services · KOSPI
Market cap US$4.9B (₩6.7T)
Overview
Coway makes home appliances designed to improve everyday living conditions, including water purifiers, air purifiers, and bidet toilet seats, and supplies them to households across South Korea and internationally.
Listed on KOSPI, Korea's main stock exchange, it serves consumers directly through both outright purchase and a subscription-style rental model. The vast majority of its revenue comes from rentals rather than one-time sales, making recurring subscription income the dominant feature of its business.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$2.9B
- FY2024US$3.1B
- FY2025US$3.6B
Operating profit
- FY2023US$529.9M
- FY2024US$576.4M
- FY2025US$636.7M
Net income
- FY2023US$341.3M
- FY2024US$409.7M
- FY2025US$447.5M
Key ratios (FY2025)
Why it matters
Coway operates subsidiaries spanning water-treatment equipment, furniture manufacturing, cosmetics, and product brokerage, alongside its core home-appliance business.
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