KOSPI market - Business performance

The criteria for business performance are composed of sales amount & profits (i.e., earnings or income), sales amount & base market capitalization, and sales amount & base market capitalization & operating cash flow.

The corporation wanting to be listed can choose the criteria appropriate for the characteristics of the corporation concerned as the criteria for business performance vary in accordance with the industrial feature and the corporate size.

ROE and profit amount are calculated based on the least amount among the operating income, ongoing business income before tax expense, and net income for each fiscal year, and on the total stockholders’ equity. In the case of a holding company, they shall be calculated based on the net income and the total stockholders’ equity (excluding non-controlling interests) in the consolidated financial statements.

KOSPI market - Business performance
Listing criteria General corporation Holding company
Business performance criteria (choose one option) Sales amount and profits
  • The latest sales amount: KRW 100 billion or more and KRW 70 billion or more on average for 3 years &
  • Realization of operating income, ongoing business income before tax expense, and net income for the latest fiscal year & satisfying any of the following items
    1. ROE : 5% recently & 10% or more of the total ROEs combined for 3 years
    2. Profit amount : KRW 3 billion or more recently & KRW 6 billion or more of the total profit amounts combined for 3 years
    3. Corporation of KRW 100 billion or more of equity capital : recent ROE is 3% or more or profit amount is KRW 5 billion or more, and operating cash flow is positive.
The same as the left (Sales amount of holding company + Sales amount of subsidiary company x percentage of a stake in the subsidiary) (Based on the consolidated financial statements)
Sales amount and standard market capitalization
  • KRW 200 billion or more of the recent sales amount &
  • KRW 400 billion or more of the base market capitalization
    Base market capitalization = price for public offering x number of stocks to be listed (in the case of market-transferred corporation or foreign corporation through secondary listing , market price of the stock market shall be applied.)
The same as the left (Sales amount of holding company + Sales amount of subsidiary x percentage of a stake in the subsidiary)
KOSDAQ market - business performance

ROE and profit amount are calculated based on the least amount among the operating income, ordinary income, and net income for each fiscal year, and on the total stockholders’ equity. In addition, a requirement of sales or sales increase rate shall be fulfilled

KOSDAQ market - business performance
Items Details
Return on equity 10/100 or more as of the end of the latest fiscal year
Net income KRW 2 billion or more as of the end of the latest fiscal year
Sales Sales of KRW 10 bil. or more and market capitalization of KRW 30 bil. or more as of the end of the latest fiscal year
Sales increase rate Sales increase rate of 20% or more and sales of KRW 5 bil. or more as of the end of the latest fiscal year