KwangjinInd
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
KwangjinInd makes stainless steel and carbon steel products, supplying the steel industry from its facility in Busan, South Korea.
It also operates a motorcycle distribution business through a subsidiary. The company runs two distinct business lines, steel manufacturing and motorcycle distribution, under one consolidated group, and is listed on KOSDAQ, Korea's tech and small-cap exchange.
Summary is AI-generated and may contain errors · figures from DART filings
The motorcycle distribution arm is operated through a separate subsidiary, Kwangjin Motors, which was established more recently than the core steel business.
KwangjinInd in five facts
What does KwangjinInd do?
KwangjinInd makes stainless steel and carbon steel products, supplying the steel industry from its facility in Busan, South Korea.
Where is KwangjinInd listed and in which sector?
KwangjinInd (Korean name: 광진실업) trades under KRX code 026910 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Materials sector, Steel.
How large is KwangjinInd?
Its market capitalisation was US$16.2M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were KwangjinInd's latest annual revenue and operating profit?
For fiscal year 2025, KwangjinInd reported revenue of US$42.9M, an operating loss of US$3.2M and a net loss of US$3.7M, per its annual report on DART (data retrieved from DART on 2026-09-08). Revenue was down 2.8% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-08
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- [Amended] Small public offering disclosure (equity)Oct 20
- [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$2.26M, about 14.6% of its market value.
Capital raise · Oct 20 - [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$1.51M, about 9.7% of its market value.
Capital raise · Oct 20 · 5 versions - [Amended] Share-pledge agreement that may change the largest shareholder
KwangjinInd's largest shareholder (DNT International Co., Ltd.) pledged shares as loan collateral to an individual, securing up to US$1.19M.
Ownership change · Oct 8 · 3 versions - [Amended] Small public offering disclosure (equity)Sep 29
- [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$3.7M, about 29.5% of its market value.
Capital raise · Sep 29 - [Amended] Results of extraordinary shareholders' meetingSep 22
- Change of CEOSep 22
- Results of extraordinary shareholders' meetingSep 22
- Appointment/dismissal/resignation of an independent directorSep 22
- Report on large shareholdings (5% rule) (abbreviated)Sep 17
- Small public offering disclosure (equity)Sep 17
- Report on large shareholdings (5% rule) (abbreviated)Sep 11
- [Amended] Resolution to convene a general shareholders' meeting (extraordinary meeting)Sep 4
- [Amended] Proxy solicitation reference documentSep 4
- [Amended] Notice of general shareholders' meetingSep 4
- [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$2.21M, about 17.7% of its market value.
Capital raise · Sep 4 - [Amended] Material event report (convertible bonds)
KwangjinInd updated the terms of convertible bonds to raise US$5.07M, about 41.3% of its market value.
Capital raise · Aug 27 - [Amended] Material event report (convertible bonds)
KwangjinInd updated the terms of convertible bonds to raise US$10.9M, about 88.4% of its market value.
Capital raise · Aug 27 - [Amended] Change of largest shareholder
KwangjinInd amended its August 13, 2026 disclosure on the change of its largest shareholder, revising the funding breakdown for DNT International's purchase of 1,027,470 KwangjinInd common shares (12.96%): own funds were reduced to US$353K and a US$2.82M loan from Oh Jong-seok (August 12 - September 11, 2026), secured by the acquired shares, was added.
Ownership change · Aug 14 · 2 versions - [Amended] Share transfer agreement that will change the largest shareholder
KwangjinInd's controlling stake is now set to change hands from Heo Jeong-do to DNT International Co., Ltd. and 2 others, in a deal worth US$7.06M.
Ownership change · Aug 12 · 3 versions - [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$3.53M, about 29.5% of its market value.
Capital raise · Aug 12 - [Amended] Material event report (convertible bonds)
KwangjinInd updated the terms of convertible bonds to raise US$4.93M, about 41.3% of its market value.
Capital raise · Jul 31 - [Amended] Material event report (convertible bonds)
KwangjinInd updated the terms of convertible bonds to raise US$10.6M, about 88.4% of its market value.
Capital raise · Jul 31 - [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$2.11M, about 17.7% of its market value.
Capital raise · Jul 31 - [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$3.52M, about 29.5% of its market value.
Capital raise · Jul 31 - Material event report (convertible bonds)
KwangjinInd disclosed convertible bonds to raise US$4.54M, about 41.3% of its market value.
Capital raise · Jul 2 - Material event report (convertible bonds)
KwangjinInd disclosed convertible bonds to raise US$9.73M, about 88.4% of its market value.
Capital raise · Jul 2 - Material event report (rights offering)
KwangjinInd disclosed a private placement (third-party allotment) to raise US$1.95M, about 17.7% of its market value.
Capital raise · Jul 2 - Material event report (rights offering)
KwangjinInd disclosed a private placement (third-party allotment) to raise US$3.24M, about 29.5% of its market value.
Capital raise · Jul 2 - Securities issuance results (voluntary)Capital raise · Jun 25
- [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$656K, about 5.9% of its market value.
Capital raise · Jun 17 - [Amended] Securities issuance results (voluntary) (third-party placement)Capital raise · Jun 1 · 2 versions
- [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$1.33M, about 11.8% of its market value.
Capital raise · May 22 - [Amended] Material event report (rights offering)
KwangjinInd updated the terms of a private placement (third-party allotment) to raise US$1.33M, about 11.8% of its market value.
Capital raise · May 19 - Material event report (rights offering)
KwangjinInd disclosed a private placement (third-party allotment) to raise US$687K, about 5.9% of its market value.
Capital raise · May 7 - Material event report (rights offering)
KwangjinInd disclosed a private placement (third-party allotment) to raise US$1.37M, about 11.8% of its market value.
Capital raise · May 7 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
KwangjinInd reported consolidated results for FY2025: revenue of US$39.3M (−2.8% year on year), an operating loss of US$2.9M and a net loss of US$3.44M (from a profit a year earlier).
Earnings · Feb 2