CS Wind FY 2025 Annual ReportBeta
CS Wind annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 18, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).
CS Wind FY 2025 Annual Report Analysis
Business Overview
- • KRW 2.93T total revenue in FY2025, with 68.0% from wind tower manufacturing and 26.6% from offshore wind substructure construction
- • December 2023 acquisition of Bladt Industries, entering offshore wind substructure production supplying monopiles and transition pieces globally
Management Discussion & Analysis
- • Revenue KRW 2.9316T (-4.6% YoY), Operating profit KRW 320.3B (+25.4%), Net income KRW 40.1B (-72.1%) in FY2025
- • Wind tower segment revenue KRW 1.9935T (+11% YoY), driven by European production expansion and largest US onshore tower contract
Risk Factors
- • KRW 11.53B pre-tax profit impact from 10% USD/EUR exchange rate move, largest FX sensitivity among currencies at fiscal year-end 2025
- • Net debt declined to KRW 519B from KRW 846B last year; net debt-to-equity ratio improved to 43.16% from 70.48%
CS Wind FY 2025 Key Financial MetricsDART
Total Assets
KRW 3.22T
▼ -10.9% YoY
Operating Cash Flow
KRW 527.7B
▲ +975.5% YoY
CapEx
KRW 92.6B
▼ -53.6% YoY
Source: KIFRS consolidated financial data from CS Wind annual report on DART. All figures in KRW.
Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding