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Economic

  • ESG Data
  • Economic

Organizational Scope

Financial Data

Financial Highlights(Consolidated basis)
  • Sale (Unit: KRW billion)
  • Operating Profit (Unit: KRW billion)
  • ROE (Unit : %)
  • Total Assets (Unit: KRW billion)
  • Total Liabilities (Unit: KRW billion)
  • Deb Ratio (Unit : %)
Summarized Financial Position (Unit: KRW billion)
Summarized Financial Position Information
Category 2015 2016 2017
Assets Non-current assets 1,122 1,235 1,367
Current assets 653 733 791
Total assets 1,775 1,968 2,159
Equity Shares of the controlling company 1,237 1,183 982
Paid-in capital 41 41 41
Capital surplus 98 98 98
Retained earnings 1,177 1,180 963
Other equity items (78) (135) (119)
Non-controlling interest 1 1 -
Total shareholders' equity 1,238 1,183 982
Liabilities Non-Current liabilities 62 49 52
Current liabilities 473 735 1,125
Total liabilities 537 784 1,177
Total liabilities and shareholders' equity 1,775 1,968 2,159
Summarized Income Statement (accum.) (Unit: KRW billion)
Summarized Income Statement Information (accum.) (unit : bn KRW)
Category 2015 2016 2017
Sales 2,315 2,376 2,517
Cost of sales 729 812 798
Gross income 1,586 1,564 1,718
Selling and administrative expenses 1,123 1,225 1,246
Operating income 463 339 473
Net income before income tax 454 324 440
Net income 343 243 326

Features of Resource Procurement

Coway has been successful in producing most of the parts it requires in Korea through constant R&D efforts by the company’s Environmental Technology Institute and Quality Management Institute, or by purchasing them from numerous suppliers within Korea. Today, the company is also equipped with automatic production lines for filters. Furthermore, core parts used for water purifiers are ultra-precision filters, so competitors have had to work hard to increase the number of more technologically advanced products they produce in Korea to keep up with Coway.

Coway’s Supply Chain

Coway engages in trade with a total of 268 suppliers in order to procure raw materials and parts for manufacturing products.

Category 2015 2016 2017
No. of Suppliers Total 288 273 268
Tier 1 suppliers 193 178 173
Tier 2 suppliers 95 95 95

R&D and Economic Performance Creation

Research and Development Status(Unit : KRW million, %)

Category 2015 2016 2017
R&D Expense 34,029 34,821 36,174
R&D Cost Proportion(vs Sales) 1.47 1.47 1.44

Intellectual properties

Total Patents Utility models Brands
(Including overseas)
Designs
4,267 799 182 2,645 641

Economic Performance Creation and Distribution

Coway distributes economic performance to various stakeholders, including shareholders, customers, employees, and suppliers. The amount distributed to stakeholders in 2017 is 124,473 ten million won.

coway
  • Headquarters : 100-759, 17F, JoongAng Ilbo Bldg., 88, Seosomun-ro, Jung-gu, Seoul
  • Business Site : 136-23, Yugumagoksa-ro, Yugu-eup, Gongju-si, Chungcheongnam-do
COPYRIGHT COWAY CO., LTD. ALL RIGHTS RESERVED.