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SoCar 403550.KS · KRW

Industrials · KRX · 🇰🇷 South Korea

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9,890

+0.10%

Close of 9 Nov 2026, in KRW

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About SoCar

Its shares trade on KRX under the ticker 403550.KS. It has been listed since 22 August 2022. In the fiscal year to 31 December 2025, it reported revenue of ₩470.70bn and a net loss of ₩18.39bn. At that date it held total assets of ₩588.10bn and shareholders' equity of ₩164.87bn.

Socar, Inc. engages in the development and provision of a mobile car sharing application. The company is headquartered in Jeju City, Jeju-Do. The company went IPO on 2022-08-22. The firm is engaged in the provision of platform parking services, micro mobility services and others. In addition, the Company is engaged in the development and supply of software related to the car rental business.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Ground Transportation
Listed since
22 Aug 2022
Website
socar.kr ↗

Leadership

Pay as last reported

  • Mr. Jae Wuk ParkChief Executive Officer, Director, since 2018
  • Mr. Pil Rip KimChief Financial Officer, Director, since 2023
  • Ms. Jin Hui ParkChief Operating Officer, Director, since 2018
  • Mr. Hui Song ShinChief Technology Officer
  • Mr. Jun Hyeong ChoChief Marketing Officer
  • Mr. Dong Hyeon KimChief Growth Officer
  • Mr. Gung Ho NamChief Business Officer
  • Ms. Ja Yeong YoonDirector
  • Mr. Dong Geun BaeNon-Executive Independent Director
  • Mr. Sang Wu KangNon-Executive Independent Director
  • Mr. Jun Man LeeNon-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • SoCar Inc's mobile car sharing application serves Jeju City, South Korea, with high user engagement.
  • The company provides platform parking services and micro mobility solutions in Jeju-Do.
  • SoCar Inc's software development for car rental business supports efficient operations.

Weaknesses

  • SoCar Inc's services are limited to Jeju City and Jeju-Do region in South Korea.
  • The company's IPO on 22 August 2022 restricts its current market expansion.
  • SoCar Inc's business model relies solely on mobile application services without physical infrastructure.

Opportunities

  • Expanding micro mobility services to other regions in South Korea beyond Jeju-Do.
  • Introducing new software solutions for car rental businesses across South Korea.
  • Partnering with local governments for platform parking services in urban areas.

Threats

  • Competition from established car rental companies in South Korea.
  • Regulatory changes affecting mobile car sharing applications in South Korea.
  • Economic downturns reducing consumer spending on car sharing services.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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