1. South Korea Stocks

  2. •

    Process industries

  3. •

    Industrial specialties
SP SAMHWA CO. LTD.

SP SAMHWA CO. LTD.

KKRX:000390
6,480.00
KRW
-150.00
(-2.26%)
540.50EPS
11.84P/E
168.12BMarket Cap
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
23,567.53
24,299.61
23,513.08
22,428
20,555.25
22,084.88
23,897.24
24,760.43
26,836.91
27,334.9
26,760.37
26,571.85
24,761.99
24,194.68
Basic EPS, GAAP
1,375
1,639
1,151
639
82
32
167
294
-104
237
685
654
308
521.93
Free Cash Flow per Basic Share
171.86
776.56
-23.07
-683.53
568.47
-104.96
442.55
787.12
-1,934.24
503.17
1,427.89
723.17
123.11
838.48
Dividend per Share
249.82
299.81
401.89
494.36
293.86
177.46
126.56
127.88
147.84
99.91
249.95
399.02
348.51
- -
Book Value per Share
11,574.11
12,897.45
13,523.66
12,695.22
12,133.8
12,271.96
12,408.38
12,627.82
12,494
12,654.34
13,069.04
13,171.07
13,706.68
12,833.37
Tangible Book Value per Share
11,290.09
12,533.35
13,181.91
12,341.75
11,803.73
11,916.45
12,054.88
12,270.77
12,103.96
12,349.57
12,721.56
12,828.52
13,376.03
12,559.98
Basic Weighted Avg Shares
21
22
22
21
24
24
23
22
24
24
24
24
25
26
Sales/Revenue/Turnover
499,093
526,729
507,188
482,192
487,612
523,641
540,277
551,719
631,606
646,040
631,382
628,348
617,068
628,143
Operating Margin (%)
8.71
8.7
6.25
3.91
1.69
1.51
2.08
2.72
0.13
3.07
4.09
3.02
1.55
3.27
Depreciation Expense
7,661
10,027
10,641
12,875
14,451
14,437
15,763
16,088
17,087
17,058
17,391
16,367
16,658
16,959
Net Income, GAAP
29,119
35,528
24,828
13,738
1,945
759
3,776
6,551
-2,448
5,601
16,162
15,465
7,675
13,550
Effective Tax Rate (%)
28.92
22.2
16.13
28.06
56.23
20.57
38.6
27.12
- -
48.48
15.7
28.41
34.33
26.98
Profit Margin (%)
5.83
6.74
4.9
2.85
0.4
0.14
0.7
1.19
-0.39
0.87
2.56
2.46
1.24
2.16
Working Capital
114,080
125,972
102,203
101,959
107,700
122,246
58,172
97,309
85,147
62,801
84,113
50,329
104,584
80,949
LT Debt
68,138
69,613
59,263
67,063
77,777
102,624
42,314
75,057
80,787
45,671
48,958
9,761
50,208
17,243
Total Equity
250,861
279,662
287,819
295,722
292,412
281,779
282,167
292,315
295,922
299,725
309,054
329,611
340,444
349,476
Return on Invested Capital (%)
9.07
9.53
6.73
3.32
0.94
1.54
1.68
2.6
- -
2.24
4.82
2.93
1.29
3.03
Return on Capital (%)
9.55
10.54
7.26
4.14
0.93
1.03
1.64
2.39
- -
1.93
4.99
4.4
2.4
3.56
Return on Common Equity (%)
12.33
13.4
8.76
4.72
0.66
0.26
1.34
2.29
-0.84
1.89
5.33
4.87
2.3
4.04

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
105,622
106,365
155,054
LT Borrowings
48,908
46,367
15,638
LT Finance Leases
1,300
1,128
1,604
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
27
27
Market Capitalization
192,563
239,391
168,117

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
313,393
333,173
386,697
Cash, Cash Equivalents & STI
72,294
60,537
89,478
Accounts Receivable, Net
142,931
166,771
177,002
Inventories
92,458
99,860
115,690
Total Current Liabilities
208,808
232,664
305,747
Payables & Accruals
- -
- -
- -
ST Debt
105,622
106,365
155,054
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.73%
3.11%
3.29%
Free Cash Flow
168.28%
-86.73%
-82.06%
Net Income, GAAP
-5.27%
-66.47%
-50.37%
Sales/Revenue/Turnover
2.11%
2.44%
-1.8%
Total Cash Common Dividend
10.79%
38.35%
-7.96%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
140,395
182,670
150,485
154,799
628,348
2025
133,269
177,509
155,502
150,788
617,068
2026
144,307
177,547
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
139
416
57
42.51
654
2025
-52
319
19.74
23.01
308
2026
108.99
351
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
399.02
2025
- -
- -
- -
- -
348.51
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hyun Jung Kim
Full Time Employees
899
Sector
Process industries
Industry
Industrial specialties
Address
58 Donhwamun-ro Ansan-si GY South Korea 425-110
IPO Date
Sep 10, 1993
Website
samhwa.com
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Business
Samhwa Paints Industrial Co., Ltd. manufactures and sells a wide range of paints and coatings primarily in South Korea and internationally. The company offers products for construction; waterproofing and flooring; fireproof and flameproof applications including FLAMECHECK; wood and woodworking; industrial and plant uses such as EPOCOAT; polyurea; automotive; and synthetic resins for industrial applications. Founded in 1946 as Dongwha Co., Ltd. and renamed Samhwa Paints Industrial Co., Ltd. in 1964, it is headquartered in Seoul, South Korea, with operations extending to China via Samhwa Paint (Zhangjiagang) Co., Ltd., Malaysia through Samhwa Paints Malaysia, Vietnam, and other regions. In July 2024, Samhwa Paints partners with LG Chem Ltd. to produce eco-friendly paint products, known as green coats, utilizing waste plastics as the core material through pyrolysis and distillation processes for applications including smartphone device finishing. The company employs approximately 851 people and maintains a leading position in Korea's specialty chemicals sector, focusing on continuous research and development for protective, decorative, and heavy-duty coatings.