Nongwoobio (054050) Q4 2025 earnings summary

Executive summary

• Revenue for FY2025 reached 158.8 billion KRW, up 9.8% year-over-year, driven by export and overseas subsidiary growth.

• Operating income increased 22.9% to 13.6 billion KRW, with net income up 12.6% to 12.3 billion KRW.

• The company maintained a strong financial structure with a debt ratio of 21% and equity ratio of 78%.

• The main business remains vegetable seeds (84% of sales) and agricultural materials (16%).

Financial highlights

• Total assets rose to 352.9 billion KRW (+5.0%), with equity at 278.4 billion KRW (+2.5%).

• Operating margin improved to 8.6%, and ROE was 4.41% on a consolidated basis.

• R&D expenses were 17.1 billion KRW, representing 10.8% of sales.

• Cash and equivalents increased to 48.1 billion KRW.

• Dividend per share proposed at 250 KRW, with a payout ratio of 32.6%.

Outlook and guidance

• Plans to expand market share through continued R&D and overseas subsidiary growth.

• No significant new business or M&A activity planned.

• Focus remains on high-value seed development and stable supply chain management.