1. South Korea Stocks

  2. •

    Process industries

  3. •

    Industrial specialties
Noroo Holdings Co., Ltd

Noroo Holdings Co., Ltd

14,370.00
KRW
-180.00
(-1.24%)
7,250.36EPS
4.46P/E
169.91BMarket Cap
Nov 18Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
121,501.33
Basic EPS, GAAP
2,499
2,283
6,182
1,046
4,114
-785
439
1,343
153
2,391
2,429
4,836
3,090
3,600.09
Free Cash Flow per Basic Share
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
4,807.53
Dividend per Share
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
385.41
Book Value per Share
26,328.51
27,702.97
33,726.11
34,412.45
37,236.79
35,677.9
35,682.24
36,269.46
35,963.01
38,467.18
40,346.17
45,864.5
49,045.26
49,440.1
Tangible Book Value per Share
24,966.02
26,306.81
32,458.37
32,653.9
35,360.87
33,909.27
34,038.8
34,329.39
33,926.57
34,247.06
36,316.31
41,460.34
44,446.12
45,026.76
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Sales/Revenue/Turnover
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
1,256,543
Operating Margin (%)
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
6.07
Depreciation Expense
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
28,110
Net Income, GAAP
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
37,231
Effective Tax Rate (%)
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
25.85
Profit Margin (%)
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
2.96
Working Capital
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
345,307
LT Debt
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
45,914
Total Equity
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
846,399
Return on Invested Capital (%)
3.08
3.98
2.96
1.81
1.64
0.26
1.89
3.06
1.34
2.85
6.05
6.49
4.9
5.83
Return on Capital (%)
4.14
2.93
6.68
0.81
3.8
-2.33
-0.86
0.46
-0.64
2.64
0.52
2.75
1.05
0.36
Return on Common Equity (%)
10.2
8.68
20.68
3.16
11.67
-2.19
1.25
3.8
0.43
6.56
6.31
11.49
6.67
7.49

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
107,350
108,526
132,764
LT Borrowings
36,425
36,425
42,425
LT Finance Leases
3,881
3,727
3,489
Preferred Equity and Hybrid Capital
122
122
122
Shares Outstanding
10
10
11
Market Capitalization
215,735
208,561
169,913

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
657,128
685,943
775,087
Cash, Cash Equivalents & STI
261,558
238,867
288,975
Accounts Receivable, Net
222,588
261,241
279,796
Inventories
159,978
167,703
188,864
Total Current Liabilities
358,334
376,461
429,781
Payables & Accruals
- -
- -
- -
ST Debt
107,350
108,526
132,764
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

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

KRW

•

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
356,230
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
625
1,105
2,281
826.49
4,836
2025
593
742
1,046.7
732.54
3,090
2026
670.65
1,153.25
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
1,554.67
- -
202.57
1,756.72
2025
- -
- -
0.03
379.87
1,878.52
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Young-Jae Han
Full Time Employees
62
Sector
Process industries
Industry
Industrial specialties
Address
351, Bakdal-ro Anyang-si GY South Korea 13977
IPO Date
Aug 10, 1973
Website
norooholdings.com
Similar Companies
Asian Paints Ltd. (NSE:ASIANPAINT)
Solar Industries India Limited (NSE:SOLARINDS)
Berger Paints India Limited (NSE:BERGEPAINT)
Fineotex Chemical Limited (NSE:FCL)
Graphite India Limited (NSE:GRAPHITE)
Srf Limited (NSE:SRF)
Business
NOROO Holdings Co., Ltd. operates as a holding company overseeing subsidiaries in the fine chemicals sector, primarily focused on paints, coatings, resins, and related industrial materials in South Korea. The company manages core affiliates including NOROO Paint & Coatings, which produces approximately 10,000 products such as construction coatings, home metal paints, PCM coatings, heavy-duty applications, and resins; NOROO Coil Coatings, specializing in coatings for color steel sheets used in construction materials and home appliances; NOROO Automotive Coatings, supplying high-performance coatings to major Korean automakers; NOROO Chemicals, manufacturing oil-based and KS-certified coatings alongside construction, woodwork, industrial, heavy-duty, and UPR products; and NOROO R&C, producing premium resins and industrial materials. Additional businesses encompass agriculture through seed distribution, processing, and cultivation under The Kiban; distribution via logistics and paint sales; and consulting with color design services; while IPK provides vessel and heavy-duty coatings via a joint venture with AkzoNobel. Founded in 1945 and headquartered at 351 Bakdal-ro, Manan-gu, Anyang-si, Gyeonggi-do, Republic of Korea, NOROO Holdings maintains domestic operations across multiple facilities and international affiliates in China, Vietnam, Malaysia, Turkey, United Arab Emirates, India, and Singapore, targeting automotive, construction, appliance, marine, and emerging bio-material markets. Recent developments include KCC Corporation's acquisition of a 7.17% stake in August 2025, positioning it as the third-largest shareholder and fostering potential synergies in coatings; a July 2025 MOU with Yonsei University BioHealth Technology Holdings to commercialize bio-based technologies like 3HP platform chemicals, nurture startups, and expand ESG-aligned bio-entrepreneurship through the Bio-Convergence Research Center; a May 2025 business agreement with Kumho Construction for apartment color design management under the ARTERA brand; the April 2025 New Technology and New Product Exhibition showcasing stealth paint for defense, battery flame retardant molding agents, carbon reduction PCM paints, and hybrid transparent protective coatings; and ongoing advancements in bio-materials, UV-blocking greenhouse agents via Kiban-Tech, and cultural sponsorships such as Frieze Seoul and MMCA exhibitions.