1. South Korea Stocks

  2. •

    Basic Materials

  3. •

    Chemicals - Specialty
NOROO Holdings Co., Ltd.

NOROO Holdings Co., Ltd.

000325.KS
NOROO Holdings Co., Ltd.KR flagKorea Exchange
24,650.00
KRW
-1,150.00
- -
159.61BMarket Cap
NOROO Holdings Co., Ltd.
000325.KS
(Korea Exchange)

Recent

price

24,650.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
44,991.27
54,023.26
56,192.51
58,861.23
64,297.08
65,594.89
66,199.83
74,465.32
80,192.36
84,861.53
81,383.85
91,548.89
98,798.74
115,859.15
118,922.49
118,128.37
120,729.68
Revenue per Share
792
946.52
1,420
2,499
2,283
6,182
1,046
4,114
-785
439
1,343
153
2,391
2,429
4,836
3,090
3,198.99
Basic EPS, GAAP
1,484.86
1,263.24
-483.31
2,780.64
3,078.62
900.45
2,511.34
-1,070.71
-1,213.66
2,635.39
2,225.71
484.01
1,697.03
7,314.84
4,857.43
4,952.06
3,351.65
Free Cash Flow per Basic Share
385.74
682.45
574.97
678.69
688.11
928.54
981.94
1,171.83
1,407.15
1,339.2
1,135.36
1,192.24
1,097.36
1,677.36
1,756.72
1,878.52
385.23
Dividend per Share
15,489.65
16,343.7
16,916.74
19,184.61
20,966.35
26,666.63
27,258.35
31,236.9
29,420.29
29,253.3
30,685.01
30,353.34
32,448.99
34,112.41
38,428.34
41,116.67
41,746.91
Book Value per Share
32,680.72
34,580.56
34,374.53
37,289.55
40,837.8
48,789.04
49,451.71
53,894.16
52,115.9
52,833.99
53,552.66
53,920.78
59,133.36
62,235.02
69,281.15
72,888.93
74,364.29
Tangible Book Value per Share
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Basic Weighted Avg Shares
468,485
547,974
585,635
613,234
669,996
683,481
690,144
771,302
835,993
884,292
848,027
955,214
1,031,735
1,214,476
1,247,878
1,239,268
1,249,148
Sales/Revenue/Turnover
1.35
2.5
2.92
3.72
5.04
3.98
3.34
2.24
1.22
2.84
4.24
2.81
2.96
5.62
5.84
5.24
10.4
Operating Margin (%)
16,823
17,263
18,239
18,985
20,631
21,961
21,654
23,001
23,754
23,379
23,800
22,625
24,241
27,638
26,509
27,333
21,085
Depreciation Expense
8,247
9,601
14,799
26,035
23,790
64,415
10,905
42,612
-8,184
4,575
13,994
1,596
24,969
25,462
50,745
32,417
33,099
Net Income, GAAP
14.89
13.06
23.6
11.03
20.31
21.13
40.2
28.54
80.62
42.46
33.45
60
20.12
22.14
20.06
28.5
28.77
Effective Tax Rate (%)
1.76
1.75
2.53
4.25
3.55
9.42
1.58
5.52
-0.98
0.52
1.65
0.17
2.42
2.1
4.07
2.62
2.65
Profit Margin (%)
-13,370
-6,096
44,079
4,817
54,077
171,476
142,490
181,719
176,693
181,470
148,980
186,847
216,727
243,489
259,473
298,794
309,482
Working Capital
91,894
91,488
146,633
82,209
94,562
113,728
100,117
91,217
94,745
105,949
73,245
99,947
80,680
78,053
16,779
40,306
40,152
LT Debt
351,726
362,753
371,948
402,451
439,842
521,365
533,517
577,521
561,495
567,466
577,969
583,537
660,825
693,792
772,240
811,924
815,899
Total Equity
0.97
1.97
2.05
3.08
3.98
2.96
1.83
1.64
0.26
1.89
3.07
1.35
2.93
6.08
6.52
4.94
9.91
Return on Invested Capital (%)
3.72
2.78
3.78
4.61
3.24
7.33
0.88
4.14
-2.53
-0.93
0.5
-0.68
2.82
0.55
2.95
1.14
0.91
Return on Capital (%)
9.09
5.87
8.65
13.84
11.37
25.96
3.88
14.02
-2.6
1.5
4.48
0.5
7.62
7.31
13.34
7.77
7.92
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
104,291
107,350
108,526
LT Borrowings
39,510
36,425
36,425
LT Finance Leases
2,933
3,881
3,727
Preferred Equity and Hybrid Capital
122
122
122
Shares Outstanding
10
10
10
Market Capitalization
336,780
315,602
318,159

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
648,606
657,128
685,943
Cash, Cash Equivalents & STI
218,850
261,558
238,867
Accounts Receivable, Net
250,644
222,588
261,241
Inventories
161,750
159,978
167,703
Total Current Liabilities
352,247
358,334
376,461
Payables & Accruals
- -
- -
- -
ST Debt
104,291
107,350
108,526
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.64%
7.13%
5.14%
Free Cash Flow
19.19%
94.75%
1.93%
Net Income, GAAP
157.91%
288.13%
-36.12%
Sales/Revenue/Turnover
6.32%
8.08%
-0.69%
Total Cash Common Dividend
8.76%
12.49%
6.91%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
279,951
345,696
307,216
315,015
1,247,878
2025
288,914
348,835
314,718
286,801
1,239,268
2026
298,794
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
625
1,105
2,281
- -
4,836
2025
593
759.15
1,046.7
- -
3,090
2026
655
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
1,554.67
- -
- -
1,756.72
2025
- -
- -
0.03
- -
1,878.52
2026
- -
- -
- -
- -
- -
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Business
NOROO Holdings Co., Ltd. (000325.KS) operates as a holding company overseeing a diversified portfolio of businesses in fine chemicals, coatings, agriculture, distribution, and consulting services, primarily through its subsidiaries in South Korea and overseas markets. The company produces industrial materials including paints, inks, resins, and color chemicals for automobiles, building interiors, and appliances; coil coatings for color steel sheets used in construction and home appliances; automotive coatings supplied to major Korean manufacturers; heavy-duty and marine coatings via joint venture IPK with AkzoNobel; and eco-friendly, bio-based products such as 3HP platform chemicals. Additional offerings encompass plastic products, thinners, color consulting and design services, seed production and agricultural distribution under The Kiban brand, logistics, intellectual property management, and O2O services; subsidiaries like NOROO Paint & Coatings, NOROO Automotive Coatings, NOROO Coil Coatings, NOROO Chemicals, and NOROO R&C drive the core chemicals segment. Geographically, operations span South Korea with headquarters in Anyang-si, Gyeonggi-do, and international affiliates in China (NOROO Paint Shanghai), Vietnam (NOROO NANPAO and NOROO VINA), Malaysia (NOROO KOSSAN), Turkey (NOROO KAYALAR), United Arab Emirates (NOROO FZCO), and India (NOROO SHEENLAC), targeting industrial, construction, automotive, and agricultural markets. Founded in 1945 and formerly known as DPI Holdings Co., Ltd. until its name change in March 2010, NOROO Holdings marked its 80th anniversary in 2025 with a new technology exhibition showcasing stealth paint for defense, battery flame retardant molding agents, carbon reduction PCM building materials, and hybrid transparent protective coatings. Recent strategic developments include KCC's acquisition of a 7.17% stake in August 2025 through on-market purchases totaling 23.1 billion won, positioning KCC as the third-largest shareholder and sparking speculation on potential collaborations in coatings and raw materials. In July 2025, the company signed an MOU with Yonsei University BioHealth Technology Holdings to advance bio-based technologies like 3HP commercialization, nurture startups, and build ESG-aligned innovation pipelines, building on its 2023 pilot-scale production and ongoing white biotechnology investments. Further expansions feature NOROO Paint's sponsorships of Frieze Seoul 2025 and MMCA's "Longing for Home" exhibition, launch of 'Green Aurora' paints as Seoul's color of the year, a business agreement with Kumho Construction for apartment color design, and The Kiban's selection for the 2025 Global Leading Company project plus completion of a KOICA agricultural project in Laos. These initiatives underscore a shift toward bio-materials, sustainability, and global agricultural ventures amid the specialty chemicals sector.