Kangwon Land Inc
KRX:035250
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| KR |
|
Kangwon Land Inc
KRX:035250
|
3.6T KRW |
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|
|
| US |
|
Las Vegas Sands Corp
NYSE:LVS
|
38.6B USD |
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|
|
| IE |
|
Flutter Entertainment PLC
LSE:FLTR
|
19.7B GBP |
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|
|
| HK |
|
Galaxy Entertainment Group Ltd
HKEX:27
|
184.4B HKD |
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|
|
| AU |
|
Aristocrat Leisure Ltd
ASX:ALL
|
32.2B AUD |
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|
|
| MO |
|
Sands China Ltd
HKEX:1928
|
144.4B HKD |
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|
|
| US |
|
DraftKings Inc
NASDAQ:DKNG
|
12.9B USD |
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|
|
| SE |
|
Evolution AB (publ)
STO:EVO
|
110.5B SEK |
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|
|
| US |
|
Wynn Resorts Ltd
NASDAQ:WYNN
|
11.6B USD |
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|
|
| US |
S
|
Scientific Games Corp
F:TJW
|
9.9B EUR |
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|
| ZA |
S
|
Sun International Ltd
JSE:SUI
|
10.5B ZAR |
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|
Market Distribution
| Min | -168 471.3% |
| 30th Percentile | -2.9% |
| Median | 1.9% |
| 70th Percentile | 5.8% |
| Max | 21 012.5% |
Other Profitability Ratios
Kangwon Land Inc
Glance View
Amidst the picturesque landscapes of South Korea's Gangwon Province lies Kangwon Land Inc., a unique player in the country's gaming and entertainment industry. Established in 1998, the company stands out with its singular status as the only place in South Korea where locals are legally permitted to gamble. Nestled in the highlands of Jeongseon County, its flagship resort, Kangwon Land Casino, serves as the heart of its operations. Drawing in domestic patrons alongside international tourists, the casino generates a substantial portion of the company's revenue. Kangwon Land leverages its advantage with exclusivity in the local market to attract visitors seeking a comprehensive entertainment experience, complete with vibrant gaming floors, luxurious accommodations, and diverse leisure activities. Beyond the gaming tables and slot machines, Kangwon Land has effectively transformed its isolated location into a thriving resort destination, contributing significantly to the regional economy. With a strategy that blends hospitality, skiing, golf, and convention offerings, the company transcends the traditional casino business model to cultivate a multifaceted appeal. By investing in resort-based attractions and amenities, Kangwon Land extends its revenue streams beyond gaming, capturing a broader market of leisure and business travelers. This holistic approach drives sustained growth, positioning the company as both an economic linchpin and a model of integrated resort success within the Asian gaming and hospitality sectors.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for Kangwon Land Inc is 24.9%, which is above its 3-year median of 24.8%.
Over the last 3 years, Kangwon Land Inc’s Net Margin has increased from 8.1% to 24.9%. During this period, it reached a low of 8.1% on Sep 30, 2022 and a high of 32% on Dec 31, 2024.