CS Wind

씨에스윈드 · 112610

Industrials Machinery · KOSPI

Small-cap

Market cap US$1.4B (₩1.9T)

Overview

CS Wind makes the large steel towers that hold up wind turbines, supplying both land-based and offshore towers to wind-energy projects worldwide.

Listed on KOSPI, Korea's main stock exchange, it operates production facilities across Vietnam, the United States, Portugal, China, Turkey, and Taiwan, and supplies major global turbine makers. The company has expanded beyond towers into offshore wind substructures, the steel foundations anchored to the seabed, serving large renewable-energy developers, with the tower segment accounting for the majority of consolidated revenue.

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

Financials

Source: DART · FY ending Dec · latest FY2025
Revenue · FY2025
US$2.1B
▼ −4.6% YoY
Operating profit · FY2025
US$232.1M
▲ +25.4% YoY
Net income · FY2025
US$29.1M
▼ −72.1% YoY

Revenue

  • FY2023US$1.1B
  • FY2024US$2.2B
  • FY2025US$2.1B

Operating profit

  • FY2023US$75.8M
  • FY2024US$185.1M
  • FY2025US$232.1M

Net income

  • FY2023US$13.7M
  • FY2024US$104.1M
  • FY2025US$29.1M

Key ratios (FY2025)

ROE
3.3%
Debt/Eq
167.7%
Op. margin
10.9%
Net margin
1.4%
Rev. YoY
▼ −4.6%

Why it matters

CS Wind acquired Bladt Industries, a European offshore wind substructure manufacturer, to enter the monopile and transition-piece market, adding a second major business line alongside its core tower operations.

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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.