Fact Summary
Kyeryong Construction Industrial closed at KRW 23,100 on 2026-08-18, up +6.94% from the previous close, with trading volume of 279,686 shares. Per its H1 2026 semiannual report (cumulative, filing No. 20260814002364), the company reported revenue of KRW 1.5108 trillion, operating profit of KRW 109.8 billion, and net income of KRW 61.2 billion. In the 2025 construction capability evaluation, it ranked 15th nationally (KRW 2.9753 trillion, +9.7% YoY) and maintained its No. 1 position in the Daejeon region. Over the same period, the KOSPI Construction Sector Index rose +24.76% between August 3 and August 13.
Price-Change Context Note
The 2026-08-18 share price increase occurred with no news specifically singling out Kyeryong Construction Industrial, but coincided in timing with the KOSPI Construction Sector Index's sharp rise (+24.76%, Aug 3–13, driven by government housing-supply measures and sector-wide expectations) and the Q2 earnings announced on August 14 (operating profit +40.8% YoY, secondary source). On the day, trading was led by net foreign buying of +43,565 shares (about 15.6% of the day's volume), while individual investors net-sold -47,785 shares (secondary source, not cross-checked against official KRX data).
5-Year Financial Trend
| Period | Revenue (KRW 100mn) | Operating Profit (KRW 100mn) | Net Income (KRW 100mn) | Debt Ratio |
|---|---|---|---|---|
| 2021 | 25,618 | 2,327 | 1,564 | 208.5% |
| 2022 | 29,497 | 1,328 | 603 | 218.9% |
| 2023 | 29,770 | 1,007 | 519 | 217.8% |
| 2024 | 31,694 | 977 | 545 | 220.6% |
| 2025 | 28,874 | 1,669 | 979 | 225.5% |
| H1 2026 (cumulative) | 15,108 | 1,098 | 612 | 232.5% |
Valuation (Factual Multiples)
Competitor Comparison
| Company | FY2025 Rank | FY2025 Assessed Value | FY2026 Rank | FY2026 Assessed Value |
|---|---|---|---|---|
| Kyeryong Construction Industrial (013580) | 15th | KRW 2.9753 trillion | Not available | Not available |
| Kolon Global (003070) | 19th | KRW 2.3963 trillion | 23rd | KRW 2.2935 trillion |
| Kumho E&C (002990) | 20th | KRW 2.2876 trillion | 27th | KRW 1.8474 trillion |
| Dongbu Corporation (005960) | 22nd | KRW 2.1881 trillion | 25th | KRW 2.0215 trillion |
| Hansin E&C (004960) | Ranked 20th–30th | Not available | 29th | KRW 1.6517 trillion |
Kolon Global differs from Kyeryong Construction Industrial in that it also operates a trading business segment (including automobile distribution) alongside construction, while Kumho E&C, Hansin E&C, and Dongbu Corporation, like Kyeryong Construction Industrial (RICHVILLE), have business models centered on their own in-house housing brands.
Business Overview
Kyeryong Construction Industrial, founded in 1970 and headquartered in Daejeon, is a KRX-listed general construction company operating across six business segments: building construction, civil engineering, housing sales, distribution, overseas operations, and other. The building construction segment is understood to be the core business, accounting for more than half of revenue, but the exact segment-by-segment revenue breakdown is not available (verification against the original annual report is required).
Major affiliates (equity investments held for management-participation purposes, as of 2025-12-31) include KR Industry (73% stake; highway construction, maintenance, and rest-stop operation), Kyeryong Industry (50%), KR Distribution (50%), and KR Sports (100%) (DART equity investment status disclosure). The equity structure at the sub-subsidiary level is not available in DART's structured data, as the relevant entities file only audit reports.
Governance and Capital Structure
Largest shareholder and related parties data as of the 2026-06-05 substantial shareholding report (filing No. 20260605000487); Kyeryong Scholarship Foundation and minority shareholder data as of the 2025-12-31 annual report| Change Date | Largest Shareholder | Ownership Stake | Notes |
|---|---|---|---|
| End of 2016 | Lee In-gu | 43.46% | As of end of 2016 |
| 2017-08-14 | Lee Seung-chan | 43.46% | Change of largest shareholder due to inheritance |
| End of 2025 | Lee Seung-chan | 38.50% | Gradual dilution |
| 2026-06-05 | Lee Seung-chan and specially related parties | 38.49% | Change in specially related parties' holding ratio due to inheritance, etc. |
| Name | Position | Category | Term Expiration |
|---|---|---|---|
| Lee Seung-chan | Chairman | Inside Director | 2028-03-26 |
| Oh Tae-sik | President (Management) | Inside Director | 2027-03-27 |
| Yoon Gil-ho | President (Construction) | Inside Director | 2028-03-26 |
| Han Seung-gu | Inside Director | Inside Director | 2028-03-26 |
| Lee Eun-wan | Senior Managing Director | Inside Director | 2026-03-26 |
| Shin Dong-ryeol | Outside Director | Outside Director | 2027-03-27 |
| Baek Seung-yeop | Outside Director | Outside Director | 2028-03-26 |
| Lee Sang-ho | Outside Director | Outside Director | 2028-03-26 |
Trading Flow Trends
| Investor Type | 5-Day Net Buying (shares) | 20-Day Net Buying (shares) | 2026-08-18 (Day of, shares) |
|---|---|---|---|
| Foreign | +31,052 | +55,816 | +43,565 |
| Institutional | -19,921 | -20,899 | +4,680 |
| Individual | -9,845 | -36,251 | -47,785 |
Macro Environment
| Factor | Current Value | Impact |
|---|---|---|
| Bank of Korea Base Rate | 2.75% (raised 2026-07-16) | Negative |
| Domestic Construction Order Value | KRW 19 trillion (Jun 2026, -21.7% YoY) | Negative (buffered by public-sector share) |
| Construction Cost Index | 137.67 (May 2026, +5.1% YoY) | Negative |
| Rebar Price (Market Price Index) | +12.1% YoY (H1 2026) | Negative |
| Cement Price (Producer Price Index) | -0.6% YoY (H1 2026) | Neutral |
| Real Estate PF Market | Continued structural downturn | Negative (buffered by public-sector share) |
| Government Aug. 13 Housing Supply Measures | Additional supply of 230,000+ units in the Seoul metropolitan area (announced 2026-08-13) | Positive (medium-to-long term) |
Fact-Based Risk Factors
The debt ratio rose gradually from 208.5% in 2021 to 232.5% in H1 2026, while the equity ratio declined slightly from 32.42% to 30.08% over the same period (calculated based on DART disclosures). In 2025, revenue declined -8.90% year-over-year, while operating profit and net income improved by +70.75% and +79.55%, respectively — a notable divergence. The status of any ongoing or pending litigation or disputes was not identified in this research (verification against the original annual report is required; not available).
Recent Developments
| Date | Details |
|---|---|
| 2026-08-18 | Closed at KRW 23,100, +6.94% vs. previous close (no specific triggering article identified) |
| 2026-08-14 | Q2 2026 (consolidated) earnings announced: revenue KRW 840.1 billion (+14.4% YoY), operating profit KRW 69.0 billion (+40.8% YoY) — secondary source, original disclosure not available |
| 2026-08-13 | Government announces additional housing supply measures of 230,000+ units in the Seoul metropolitan area |
| 2026-08-03~08-13 | KOSPI Construction Sector Index surged from 131.38 to 163.91 (+24.76%); the KOSPI Index rose +3.30% over the same period |
| 2026-03-25 | FY2025 annual report filed (filing No. 20260325001239) |
Theme Exposure
Fact Highlights
Generated by FomoLog Agent · Data Sources: Korea Exchange (KRX) · DART
This is not investment advice. FomoLog provides factual summaries and post-hoc price-change context only. Investment decisions and their outcomes are solely the responsibility of the investor.