KG Chemical Corporation

KG Chemical Corporation

KKRX:001390
3,790.00
KRW
-50.00
(-1.30%)
5,034.38EPS
3.02P/E
278.68BMarket 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
16,820.32
17,120.75
18,855.01
14,793.26
86,921.52
20,965.34
33,090.71
57,315.85
74,587.59
20,360.7
134,886.66
131,680.75
133,670.91
144,982.18
Basic EPS, GAAP
88.8
255
313.2
235
335.6
54.8
1,538.2
671.6
1,149.8
1,002.4
1,446
919
1,023
1,373.41
Free Cash Flow per Basic Share
764.46
-501.41
-1,332.8
857.09
12,949.66
498.47
1,487.96
3,159.85
583.5
542.53
36.9
-500.24
-57.51
-2,497.86
Dividend per Share
64.8
349.59
177.55
65.72
849.22
211.51
224.85
227.02
347.08
76.68
433.51
488.39
524.96
-3.38
Book Value per Share
3,933.83
3,844.14
3,634.06
3,773.02
4,001.31
4,033.99
5,324.23
5,905.6
6,868.54
11,790.15
13,411.71
13,897.24
14,858.35
15,615.08
Tangible Book Value per Share
1,383.27
1,350.09
1,151.39
843.75
904.01
955.71
2,489.94
1,709.22
2,996.66
5,755.59
6,788.81
7,206.78
6,522.01
6,998.1
Basic Weighted Avg Shares
51
51
54
55
13
61
63
64
65
325
66
67
68
67
Sales/Revenue/Turnover
850,561
877,572
1,014,475
808,473
1,099,485
1,282,777
2,068,395
3,686,350
4,826,618
6,607,355
8,933,057
8,863,142
9,101,647
9,773,405
Operating Margin (%)
6.94
8.09
4.47
8.99
6.93
5.65
5.7
6.59
9.29
7.59
4.96
3.6
3.36
2.82
Depreciation Expense
17,026
17,826
20,379
24,834
35,731
38,919
77,981
128,790
153,688
179,192
275,872
261,294
245,039
37,563
Net Income, GAAP
4,490
13,071
16,851
12,843
4,245
3,353
96,148
43,195
74,404
325,294
95,763
61,856
69,656
92,583
Effective Tax Rate (%)
29.03
29.72
27.13
22.64
18.45
44.33
16.68
26.85
25.71
- -
20.98
26.48
22.41
21.03
Profit Margin (%)
0.53
1.49
1.66
1.59
0.39
0.26
4.65
1.17
1.54
4.92
1.07
0.7
0.77
0.95
Working Capital
152,260
114,970
96,247
108,478
-91,631
-58,953
-146,086
-112,356
69,677
257,539
837,844
-97,965
314,175
506,013
LT Debt
97,581
36,075
158,563
195,980
89,848
151,348
1,017,357
1,159,914
1,057,094
846,935
1,032,777
102,801
514,393
478,593
Total Equity
412,270
433,166
464,019
510,212
577,776
604,159
1,351,575
1,507,681
1,787,513
3,315,227
3,636,315
3,774,482
3,937,402
4,106,366
Return on Invested Capital (%)
6.24
7.64
4.46
6.5
6.44
3.91
4.67
5.55
9.53
- -
6.62
4.12
4.05
3.42
Return on Capital (%)
-0.5
-1.29
-0.48
0.55
0.64
-1.54
0.31
-0.74
-2.63
- -
-1.84
-0.6
-0.37
-1.24
Return on Common Equity (%)
2.38
6.59
8.5
6.32
1.88
1.37
32.69
11.94
17.38
50.55
11.06
6.62
7.14
9.14

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,376,052
1,663,140
2,019,499
LT Borrowings
471,174
430,801
436,820
LT Finance Leases
43,219
45,046
41,774
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
67
67
67
Market Capitalization
353,646
334,820
278,681

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,383,685
3,742,188
4,414,838
Cash, Cash Equivalents & STI
664,995
832,126
1,065,204
Accounts Receivable, Net
901,256
1,033,035
1,334,082
Inventories
1,186,816
1,187,429
1,202,625
Total Current Liabilities
3,069,510
3,515,381
3,908,825
Payables & Accruals
- -
- -
- -
ST Debt
1,376,052
1,663,140
2,019,499
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.49%
24.37%
4.32%
Free Cash Flow
-105.35%
-276%
-88.37%
Net Income, GAAP
291.68%
63.22%
12.61%
Sales/Revenue/Turnover
27.68%
20.99%
2.69%
Total Cash Common Dividend
27.29%
20.65%
8.74%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,266,524
2,277,401
2,146,235
2,172,982
8,863,142
2025
2,121,689
2,181,205
2,462,628
2,336,125
9,101,647
2026
2,393,426
2,581,225
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
252
340
38
283.22
919
2025
326
259
257
178.45
1,023
2026
400.73
540
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.57
480.49
- -
- -
488.39
2025
- -
- -
-3.33
- -
524.96
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jae-Ik Kim
Full Time Employees
201
Sector
Process industries
Industry
Chemicals: agricultural
Address
322, Dandwol-ro Ulju-gun UL South Korea
IPO Date
Aug 25, 1989
Business
KG Chemical Corporation (001390.KS), a South Korea-based manufacturer of fertilizers, construction chemicals and eco-friendly materials, operates primarily in the materials and environmental sectors. The company produces a range of core products including mineral and organic fertilizers, eco-friendly agricultural substances such as natural crop protectors, microorganism agents and soil enhancers for various soil types; high-performance concrete admixtures like water-reducing agents (Powerflow), preservatives, compounds, dispersants and naphthalene-based products for pigment, rubber and latex industries; water coagulants and purifiers including polyaluminum chloride (PAC); air purification solutions such as flue-gas desulfurization agents using magnesium hydroxide (Mg(OH)2), nitrogen oxide removers, liquid urea and industrial urea; as well as professional harbor logistics services at Onsan Port in Ulsan. KG Chemical serves farmers, construction firms, water and air treatment facilities, manufacturing industries and port users primarily in South Korea with some international reach. Founded in 1954 as Gyeonggi Chemical Industry Co., Ltd. and renamed KG Chemical Corporation in September 2003, the company is headquartered at 322 Dangwol-ro, Onsan-eup, Ulju-gun, Ulsan, South Korea, and forms a core affiliate of the KG Group. It maintains production facilities focused on eco-friendly precision materials and environmental technologies, contributing to sectors like agriculture, construction and pollution control. In recent developments, KG Chemical completed the acquisition of the remaining 15.5% stake in KG Corp. in January 2021 through a share issuance valued at KRW 16 billion, fully integrating the holding entity and streamlining its group structure. The company divested KG Enerchem Co., Ltd., a high-purity nickel sulfate producer for rechargeable battery materials, to KG Dongbu Steel Co., Ltd. in May 2023 for KRW 9.45 billion as part of affiliate portfolio optimization. Amid KG Group's ongoing restructuring, KG Chemical reported net income of KRW 61.86 billion for 2024, reflecting a 35% decline from 2023 amid market pressures, while announcing an equity buyback of 1.81% of shares expiring in late 2025. These moves align with broader group efforts to enhance efficiency, including leadership changes at affiliates in 2024.