Pan Ocean (028670) — Filing-Traceable Data

Pan Ocean (팬오션, 028670) as it stands in its DART filings — price-to-book measured against total equity and against the equity attributable to the parent company’s own shareholders, five years of headline figures, and the shareholder-return record. Every figure below links to the filing it was read from.

Market cap
3,095 KRW bn
USD 2,192m
P/B — total equity
0.54x
P/B — owners’ share
0.54x
gap +0.0%
P/E — owners’ share
10.27x
Net cash / market cap
-109.2%
Treasury shares
Not stated

Sector: Transport & Logistics · Base date 2026-08-14 · Balance-sheet and profit figures from the FY2025 annual report · 2026 H1 figures from the filed half-year report (F)

Five years, as filed

KRW bn FY2021 FY2022 FY2023 FY2024 FY2025 2026 H1
Revenue 4,616 6,420 4,361 5,161 5,433 3,423
Operating profit 573 790 386 471 492 335
Net profit (total) 549 677 245 268 301 232
Net profit (owners’ share) 549 677 245 268 301 232
Equity (total) 3,597 4,493 4,713 5,653 5,723 6,322
Equity (owners’ share) 3,597 4,493 4,713 5,653 5,723 6,322
Net cash -1,421 -1,199 -1,246 -2,718 -3,380 -3,878
Filing receipt receipt receipt receipt receipt receipt

Amounts in KRW bn, rounded. An em dash means the filing does not carry that line — it is left empty rather than estimated. Net cash is cash and short-term financial instruments less total borrowings and bonds; lease liabilities are excluded. The 2026 H1 column is six months of revenue, operating profit and net profit, and the balance sheet as at the half-year date for equity and net cash — it is not comparable with a full year on the flow lines.

Shareholder returns

Dividend 2021 2022 2023 2024 2025
Per share (KRW) 100 150 85 120 150
Filing receipt receipt receipt receipt receipt
  • Treasury — The FY2025 report does not state a treasury holding. · receipt
  • Shares — 534,569,512 ordinary shares listed on 2026-08-14; 534,569,512 in the FY2025 annual report (+0.0%) · receipt
  • Share cancellations — none filed in 2021–2026.

How these figures were read

  • Consolidated financial statements (CFS). Equity and profit are split between the parent shareholders’ share and non-controlling interests, and the two P/B readings use total equity and the parent share respectively.
  • Total borrowings. For net cash, the component accounts are only partly present, so total borrowings is the sum of every leaf line whose account name contains “borrowing” or “bond”, with lease liabilities excluded.
  • Net cash is bounded. Borrowings are read from the lines named as borrowings or bonds. This balance sheet also carries financial-liability lines that are not so named; if every one of them were borrowings as well, net cash over market capitalisation would move by 0.06 percentage points — under the one-point limit, which is why the figure is published at all.
  • Market capitalisation. The ordinary shares listed on 2026-08-14 times the closing price on that day, so the price and the share count carry the same date. Preferred shares are excluded. The share count printed in the FY2025 annual report is kept separately above, because it is stated as at the financial year-end.

Where this sits

Source: DART filings · Dataset v1.3 (changelog) · Base date 2026-08-14 · Next update: Q3 filings (Nov 2026). This page is a record of what the filings say. It is not a recommendation to buy or sell any security, it carries no price target and no trade timing, and it does not say whether a share is cheap or dear. Figures are as at the base date and change afterwards. See the disclaimer.