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Ringnet Co.,Ltd. (South Korea)

Main Activities: Computer Systems Design Services
Full name: Ringnet Co.,Ltd. Profile Updated: July 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Ringnet Co., Ltd., located in Seoul, was launched in 1985 as LS Cable & System Network Division. The company specializes in consulting, installation and maintenance, cloud services, security, virtualization, wireless LAN, server, and storage related to network infrastructure construction. Despite the challenging economic conditions caused by the pandemic and supply chain disruptions, Ringnet was recognized as the best SI/NI company by top IT vendors. They received awards such as the 'Korea Partner of the Year' from Cisco and the 'Gold Partner of the Year' from NetApp. Ringnet is preparing for the increasing demand for hyper-connected networks in the era of digital transformation and aims to lead the transition to a 'hyper-connected network society' by developing new solutions and discovering new businesses.

Headquarters
4F Daryung Post Tower 2 Cha 182-13 Guro 3-Dong, Guroh-Gu
Seoul; Seoul; Postal Code: 152-847

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Website: http://www.ringnet.co.kr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 01, 2000
Key Executives
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Chief Executive Officer
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Vice President
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Managing Director
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Outside Director
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Auditor
Ownership Details
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11.04%
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7.65%
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3.45%
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2.4%
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1.83%
Subsidiaries
(주)링네트플러스
Company Performance
Financial values in the chart are available after Ringnet Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
-30%
Total operating revenue
-29.98%
Operating profit (EBIT)
60.22%
EBITDA
54.13%
Net Profit (Loss) for the Period
149.62%
Total assets
9.35%
Total equity
18.11%
Operating Profit Margin (ROS)
4.67%
Net Profit Margin
5.87%
Return on Equity (ROE)
3.06%
Debt to Equity Ratio
-4.73%
Quick Ratio
0.17%
Cash Ratio
-0.06%

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