Stocks · Utilities · Electric Services

KOREA ELECTRIC POWER CORP

KEP Clue Score60
Korea, Republic of Fiscal year ends December CIK 0000887225
$11.03 +1.01% Close, 9 Oct 2026
Price $11.03 +16.11% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 11 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue59,763.09Operating income12,296.36Net income7,048.58EPS, diluted10,980.00Fiscal year 2017Revenue59,335.89 −0.7%Operating income5,319.87Net income1,298.72 −81.6%EPS, diluted2,023.00 −81.6%Fiscal year 2018Revenue60,033.06 +1.2%Operating income−685.11Net income−1,314.57 −201.2%EPS, diluted−2,048.00 −201.2%Fiscal year 2019Revenue58,568.08 −2.4%Operating income−1,707.53Net income−2,345.52EPS, diluted−3,654.00Fiscal year 2020Revenue57,926.63 −1.1%Operating income4,097.83Net income1,992.08EPS, diluted3,102.00Fiscal year 2021Revenue60,012.38 +3.6%Operating income−5,722.99Net income−5,304.52 −366.3%EPS, diluted−8,263.00 −366.4%Fiscal year 2022Revenue70,546.02 +17.6%Operating income−32,240.53Net income−24,466.85EPS, diluted−38,112.00Fiscal year 2023Revenue87,476.41 +24.0%Operating income−4,245.02Net income−4,822.55EPS, diluted−7,512.00Fiscal year 2024Revenue92,578.27 +5.8%Operating income8,461.26Net income3,491.70EPS, diluted5,439.00
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue 59,763.09 59,335.89 60,033.06 58,568.08 57,926.63 60,012.38 70,546.02 87,476.41 92,578.27
Growth −0.7% +1.2% −2.4% −1.1% +3.6% +17.6% +24.0% +5.8%
Operating income 12,296.36 5,319.87 −685.11 −1,707.53 4,097.83 −5,722.99 −32,240.53 −4,245.02 8,461.26
Net income 7,048.58 1,298.72 −1,314.57 −2,345.52 1,992.08 −5,304.52 −24,466.85 −4,822.55 3,491.70
Growth −81.6% −201.2% −366.3%
EPS, diluted 10,980.00 2,023.00 −2,048.00 −3,654.00 3,102.00 −8,263.00 −38,112.00 −7,512.00 5,439.00
Growth −81.6% −201.2% −366.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin23.8%Operating margin20.6%Net margin11.8%Free cash flow margin16.0%Fiscal year 2017Gross margin12.2%Operating margin9.0%Net margin2.2%Free cash flow margin4.6%Fiscal year 2018Gross margin3.0%Operating margin−1.1%Net margin−2.2%Free cash flow margin−5.7%Fiscal year 2019Gross margin1.3%Operating margin−2.9%Net margin−4.0%Free cash flow margin−6.3%Fiscal year 2020Gross margin10.6%Operating margin7.1%Net margin3.4%Free cash flow margin3.9%Fiscal year 2021Gross margin−6.1%Operating margin−9.5%Net margin−8.8%Free cash flow margin−13.7%Fiscal year 2022Gross margin−43.0%Operating margin−45.7%Net margin−34.7%Free cash flow margin−50.8%Fiscal year 2023Gross margin−2.5%Operating margin−4.9%Net margin−5.5%Free cash flow margin−14.2%Fiscal year 2024Gross margin11.5%Operating margin9.1%Net margin3.8%Free cash flow margin1.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Gross margin 23.8% 12.2% 3.0% 1.3% 10.6% −6.1% −43.0% −2.5% 11.5%
Operating margin 20.6% 9.0% −1.1% −2.9% 7.1% −9.5% −45.7% −4.9% 9.1%
Net margin 11.8% 2.2% −2.2% −4.0% 3.4% −8.8% −34.7% −5.5% 3.8%
Free cash flow margin 16.0% 4.6% −5.7% −6.3% 3.9% −13.7% −50.8% −14.2% 1.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow21,609.52Capital expenditure−12,028.79Free cash flow9,580.73Dividends paid−2,088.43Fiscal year 2017Operating cash flow15,250.68Capital expenditure−12,535.96Free cash flow2,714.72 −71.7%Dividends paid−1,340.39Fiscal year 2018Operating cash flow8,820.92Capital expenditure−12,266.87Free cash flow−3,445.95 −226.9%Dividends paid−599.39Fiscal year 2019Operating cash flow10,313.11Capital expenditure−14,000.36Free cash flow−3,687.25Dividends paid−99.36Fiscal year 2020Operating cash flow15,519.84Capital expenditure−13,281.29Free cash flow2,238.55Dividends paid−81.30Fiscal year 2021Operating cash flow4,491.38Capital expenditure−12,686.73Free cash flow−8,195.35 −466.1%Dividends paid−812.16Fiscal year 2022Operating cash flow−23,477.50Capital expenditure−12,346.88Free cash flow−35,824.38Dividends paid−42.35Fiscal year 2023Operating cash flow1,522.16Capital expenditure−13,908.37Free cash flow−12,386.21Dividends paid−45.32Fiscal year 2024Operating cash flow15,876.12Capital expenditure−14,216.04Free cash flow1,660.08Dividends paid−126.90
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow 21,609.52 15,250.68 8,820.92 10,313.11 15,519.84 4,491.38 −23,477.50 1,522.16 15,876.12
Capital expenditure −12,028.79 −12,535.96 −12,266.87 −14,000.36 −13,281.29 −12,686.73 −12,346.88 −13,908.37 −14,216.04
Free cash flow 9,580.73 2,714.72 −3,445.95 −3,687.25 2,238.55 −8,195.35 −35,824.38 −12,386.21 1,660.08
Growth −71.7% −226.9% −466.1%
Dividends paid −2,088.43 −1,340.39 −599.39 −99.36 −81.30 −812.16 −42.35 −45.32 −126.90

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash3,051.35Total debt1,773.89Net cash (debt)1,277.46Shareholders’ equity71,723.69Debt to equity0.02Fiscal year 2017Cash2,369.74Total debt2,434.62Net cash (debt)−64.89Shareholders’ equity71,681.45Debt to equity0.03Fiscal year 2018Cash1,358.35Total debt3,258.02Net cash (debt)−1,899.67Shareholders’ equity69,743.93Debt to equity0.05Fiscal year 2019Cash1,810.13Total debt3,389.74Net cash (debt)−1,579.61Shareholders’ equity67,496.32Debt to equity0.05Fiscal year 2020Cash2,029.58Total debt3,004.00Net cash (debt)−974.42Shareholders’ equity69,296.68Debt to equity0.04Fiscal year 2021Cash2,635.24Total debt2,265.62Net cash (debt)369.61Shareholders’ equity63,780.27Debt to equity0.04Fiscal year 2022Cash3,234.78Total debt2,962.32Net cash (debt)272.46Shareholders’ equity40,545.40Debt to equity0.07Fiscal year 2023Cash4,342.89Total debt3,392.83Net cash (debt)950.06Shareholders’ equity35,845.04Debt to equity0.09Fiscal year 2024Cash2,382.98Total debt3,118.80Net cash (debt)−735.82Shareholders’ equity39,915.24Debt to equity0.08
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash 3,051.35 2,369.74 1,358.35 1,810.13 2,029.58 2,635.24 3,234.78 4,342.89 2,382.98
Total debt 1,773.89 2,434.62 3,258.02 3,389.74 3,004.00 2,265.62 2,962.32 3,392.83 3,118.80
Net cash (debt) 1,277.46 −64.89 −1,899.67 −1,579.61 −974.42 369.61 272.46 950.06 −735.82
Shareholders’ equity 71,723.69 71,681.45 69,743.93 67,496.32 69,296.68 63,780.27 40,545.40 35,845.04 39,915.24
Debt to equity 0.02 0.03 0.05 0.05 0.04 0.04 0.07 0.09 0.08

In billions of KRW, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2024 · 10-K

Income statement

In billions of KRW, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024
Revenue and profit
59,763.09 59,335.89 60,033.06 58,568.08 57,926.63 60,012.38 70,546.02 87,476.41 92,578.27
Growth −0.7% +1.2% −2.4% −1.1% +3.6% +17.6% +24.0% +5.8%
45,549.55 52,098.86 58,207.72 57,779.84 51,804.18 63,644.29 100,903.59 89,699.53 81,964.16
14,213.53 7,237.03 1,825.34 788.25 6,122.46 −3,631.92 −30,357.57 −2,223.12 10,614.11
Growth −49.1% −74.8% −56.8% +676.7% −159.3%
705.50 721.44 723.89 735.72 700.64 689.40 727.81 717.56 773.93
2,639.23 2,762.86 2,627.89 2,669.58 2,678.44 2,875.80 3,009.42 3,061.58 3,070.03
12,296.36 5,319.87 −685.11 −1,707.53 4,097.83 −5,722.99 −32,240.53 −4,245.02 8,461.26
Growth −56.7% −112.9% −239.7%
10,513.47 3,614.22 −2,000.82 −3,265.84 2,992.75 −7,071.57 −33,843.62 −7,553.98 5,256.53
3,365.14 2,172.82 −826.32 −1,002.30 899.06 −1,855.99 −9,414.51 −2,837.83 1,634.56
7,048.58 1,298.72 −1,314.57 −2,345.52 1,992.08 −5,304.52 −24,466.85 −4,822.55 3,491.70
Growth −81.6% −201.2% −366.3%
Per share
10,980.00 2,023.00 −2,048.00 −3,654.00 3,102.00 −8,263.00 −38,112.00 −7,512.00 5,439.00
10,980.00 2,023.00 −2,048.00 −3,654.00 3,102.00 −8,263.00 −38,112.00 −7,512.00 5,439.00
Growth −81.6% −201.2% −366.4%
642.0 642.0 642.0 642.0 642.0 642.0 642.0 642.0 642.0
642.0 642.0 642.0 642.0 642.0 642.0 642.0 642.0 642.0
Growth +0.0% +0.0% +0.0% +0.0% +0.0% +0.0% +0.0% +0.0%

Shown in KRW as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 9.6% a year over five years.
  • The share count barely moved in five years.
  • Operating margin is up 12.1 points on five years ago, at 9.1%.
  • A net loss in 5 of 9 years on file.