Bowon Chemical Co., Ltd

Bowon Chemical Co., Ltd

KKRX:0010F0
2,960.00
KRW
-250.00
(-7.79%)
21.86P/E
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
57,264.87
6,768.82
6,719.09
4,964.95
Basic EPS, GAAP
-3,966
284
28
115.29
Free Cash Flow per Basic Share
-1,334.9
495.72
-348.66
-383.15
Dividend per Share
- -
- -
- -
- -
Book Value per Share
409.94
524.2
2,150.07
3,038.47
Tangible Book Value per Share
409.49
523.7
2,149.76
3,032.16
Basic Weighted Avg Shares
1
6
8
11
Sales/Revenue/Turnover
33,675
39,728
52,194
55,057
Operating Margin (%)
1.76
11.98
9.91
8.21
Depreciation Expense
4,865
4,562
4,675
4,672
Net Income, GAAP
-2,332
1,667
218
1,278
Effective Tax Rate (%)
- -
- -
58.63
10.39
Profit Margin (%)
-6.93
4.2
0.42
2.32
Working Capital
-29,387
-32,292
-17,628
-13,555
LT Debt
17,634
13,492
13,617
12,043
Total Equity
4,568
5,842
23,960
33,860
Return on Invested Capital (%)
- -
- -
4.35
- -
Return on Capital (%)
- -
- -
2.45
19.03
Return on Common Equity (%)
- -
32.03
1.46
4.56

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
22,513
24,468
25,352
LT Borrowings
13,617
12,315
12,043
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
31,592
30,812
28,082

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,066
21,647
20,573
Cash, Cash Equivalents & STI
1,057
8,349
6,645
Accounts Receivable, Net
5,488
6,208
6,723
Inventories
2,588
1,775
3,506
Total Current Liabilities
30,694
32,403
34,128
Payables & Accruals
- -
- -
- -
ST Debt
22,513
24,468
25,352
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
310.16%
Free Cash Flow
- -
- -
-193.09%
Net Income, GAAP
- -
- -
-86.95%
Sales/Revenue/Turnover
- -
- -
31.38%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
9,819
11,249
39,728
2025
11,799
14,018
13,368
13,009
52,194
2026
14,986
13,694
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
284
2025
-3
-239
- -
- -
28
2026
- -
80
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Full Time Employees
80
Sector
Process industries
Industry
Chemicals: specialty
Address
101, Jungwon Industrial Road Chungju-si South Korea 360-28
IPO Date
Apr 6, 2026
Business
Bowon Chemical Co., Ltd. is a diversified chemical materials company focused on supplying surface-related materials and related film products for automotive interiors, building materials, and display applications, with production and processing geared toward surface treatment and film coating of polymer substrates. The company operates from its headquarters in Seoul, South Korea, and is active in manufacturing, processing, and supplying high-functional sheet materials and plastic film substrates derived from PVC, TPO, and polyurethane chemistries, among others, targeting automotive, architectural, and display markets. Main products and services: - Automotive interior surface materials: high-demand films and coated sheets for dashboards, consoles, door panels, and trim components; surface finishing processes including lamination, coating, and texturing to replicate premium finishes. - Building materials surface films: decorative and protective coatings for wall panels, claddings, and architectural components; textured and smooth film solutions for commercial and residential applications. - Display high-functional sheet materials: films and sheets used in display housings, shield layers, and front/cover glass interoperables; functional coatings to improve durability, glare reduction, and color stability. - Plastic film processing and surface treatment: extrusion and calendering of PVC, TPO, PU-based films with surface treatments such as lamination, embossing, and UV-curing; downstream converting services for customer-specific geometries and packaging. - Custom materials solutions: value-added services including material design consultation, rapid prototyping, and small-to-moderate scale manufacturing for bespoke automotive, architectural, and display projects. Latest major company changes: - Strategic expansion of production capacity and land/facility acquisitions to support growing demand in automotive, architecture, and display segments; investment aimed at broadening product lines and improving manufacturing quality and scalability. - Strengthened product portfolio through development and potential expansion into new surface materials and high-function sheets, aligning with industry moves toward lighter, more durable, and sustainable interior and display materials. - Ongoing organizational and product-line optimization to enhance integration across supply chains, including potential reorganizations to support scale and geographic reach. Industry context and markets: - Industry: chemical materials manufacturing and processing, with a focus on surface materials, films, and coated sheets. - Segments: automotive, building/construction, and display markets, with ancillary materials for packaging and general industrial applications. - Target customers: automotive manufacturers and suppliers, architectural developers, electronics/display manufacturers, and contract manufacturers needing specialized surface film solutions. - Geographic footprint: based in Korea with regional operations and customers in Asia-Pacific and surrounding markets; distribution and service networks target international customers through regional partners and direct sales. Founding and corporate structure: - Founding year: 1995. - Headquarters: Seoul metropolitan area, South Korea. - Subsidiaries/affiliates: corporate structure includes affiliate entities involved in chemical materials and surface film processing; growth through partnerships and potential mergers or acquisitions to broaden capabilities and geographic reach.