Ocean In W

오션인더블유 · 052300

Industrials Trading & Distribution · KOSDAQ

Small-cap

Market cap US$17.4M (₩24B)

Overview

Ocean In W distributes flat glass and related building materials, such as double-glazed, tempered, and laminated glass as well as PVC window frames, to construction and building-products customers across South Korea.

It also earns income by leasing commercial property it owns in Seoul. Listed on KOSDAQ, South Korea's tech and small-cap board, the company operates across three segments: glass distribution, property rental, and a recently added valve manufacturing business. Glass distribution is the largest segment by revenue, with property rental making up the remainder of current reported sales.

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

Financials

Source: DART · FY ending Dec · latest FY2025
Revenue · FY2025
US$5.5M
▲ +11.3% YoY
Operating profit · FY2025
−US$1.8M
Loss narrowed
Net income · FY2025
−US$13.8M
Turned to loss

Revenue

  • FY2023US$8.6M
  • FY2024US$4.9M
  • FY2025US$5.5M

Operating profit

  • FY2023−US$495.1K
  • FY2024−US$2.4M
  • FY2025−US$1.8M

Net income

  • FY2023−US$76.4M
  • FY2024US$121.7M
  • FY2025−US$13.8M

Key ratios (FY2025)

ROE
-6.6%
Debt/Eq
29.9%
Op. margin
-32.4%
Net margin
-252.2%
Rev. YoY
▲ +11.3%

Why it matters

The glass distribution segment operates as an authorized dealer for KCC and LX Glass, two of South Korea's major flat-glass producers, giving it a defined role in their domestic supply chains.

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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.