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, profits & base market capitalization, base market capitalization & equity capital and base market capitalization.

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 ongoing business income before tax expense 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 &
  • 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 base market capitalization
  • KRW 200 billion or more of the recent sales amount &
  • KRW 400 billion or more of the base market capitalization
    주의Base 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)
Profits & base market capitalization
  • KRW 5 billion or more recent profit amount &
  • KRW 200 billion or more of the base market capitalization
 The same as the left
Base market capitalization & equity capital
  • KRW 500 billion or more of the base market capitalization &
  • KRW 150 billion or more of the equity capital
 The same as the left
Base market capitalization
  • KRW 1,000 billion or more of the base market capitalization
 The same as the left
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
Category General companies including venture businesses Tech growth companies
Profitability by sales Market evaluation by growth potential Technology evaluation as an exception Recommended growth potential
Business performance and market evaluation, etc.
(options)
  1. Profit from ongoing business operations before corporate income tax of KRW 2 billion [ventures: KRW 1 billion] and market capitalization of KRW 9 billion.
  2. Profit from ongoing business operations before corporate income tax of KRW 2 billion [ventures: KRW 1 billion] and net worth of KRW 3 billion [ventures: KRW 1.5 billion]
  3. Positive profit from ongoing business operations before corporate income tax, market capitalization of KRW 20 billion, and sales of KRW 10 billion [ventures: KRW 5 billion].
  4. Profit from ongoing business operations before corporate income tax of KRW 5 billion
  1. Market capitalization of KRW 50 billion, sales of KRW 3 billion, and average sales growth rate for the recent two business years of 20% or higher.
  2. Market capitalization of KRW 30 billion and sales of KRW 10 billion or more [ventures: KRW 5 billion].
  3. Market capitalization of KRW 50 billion and PBR of 200%.
  4. Market capitalization of KRW 100 billion
  5. Net worth of KRW 25 billion
  1. Net worth of KRW 1 billion
  2. Market capitalization of KRW 90 billion
A professional evaluation agency shall carry out an evaluation of the company’s technology, etc., and the outcome thereof shall be grade A or higher. The company shall be a small business among companies recommended by an underwriter based on their growth potential.