Blue Industrial Development

Blue Industrial Development

KKRX:006740
3,345.00
KRW
-110.00
(-3.18%)
-4,449.61EPS
22.50BMarket 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
24,555.34
21,591.56
20,114.72
23,396.05
28,095.78
29,707.11
26,603.84
26,670.61
32,997.17
11,495.23
21,610.81
23,396.22
20,755.65
22,431.18
Basic EPS, GAAP
960.38
398.56
-1,349.34
1,469.39
1,037.21
3,827.13
2,477.79
2,319.33
1,738.3
864.35
-1,416.57
-5,822.33
-5,450.18
-4,449.54
Free Cash Flow per Basic Share
-573.85
-362.06
-550.82
384.36
-167.65
6,250.61
-6,644.77
1,720.49
2,251.57
130.88
-1,048.59
-6,568.22
-2,261.39
-1,115.56
Dividend per Share
960.99
959.33
967.26
192.23
216.3
192.03
182.68
185.97
192.3
419.52
2,774.48
469.1
- -
- -
Book Value per Share
26,547.39
25,857.68
23,798.26
25,216.88
26,096.46
29,693.51
31,924.17
34,531.74
36,034.53
37,064.79
32,698.44
23,682.45
18,077.51
19,126.89
Tangible Book Value per Share
26,215.62
25,564.7
23,654.66
25,073.81
25,945.34
29,540.41
31,593.32
34,269.88
35,840.53
36,910.03
32,111.28
23,257.81
17,587.45
18,930.62
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
9
4
4
4
5
Sales/Revenue/Turnover
94,360
83,114
76,794
87,504
105,061
111,220
99,674
98,155
120,613
105,449
82,568
88,113
93,252
101,817
Operating Margin (%)
3.78
1.04
-2.83
0.62
3.13
16.26
10.91
10.41
6.71
7.4
-3.62
-15.73
-16.95
-8.68
Depreciation Expense
3,259
3,519
3,621
3,583
3,527
3,655
4,104
4,398
5,677
5,046
5,635
6,728
5,423
5,278
Net Income, GAAP
3,691
1,534
-5,152
5,496
3,879
14,328
9,283
8,536
6,354
7,929
-5,412
-21,928
-24,487
-20,197
Effective Tax Rate (%)
17.9
26.15
- -
14.42
- -
21.94
20.38
24.34
17.59
20.89
- -
- -
- -
- -
Profit Margin (%)
3.91
1.85
-6.71
6.28
3.69
12.88
9.31
8.7
5.27
7.52
-6.55
-24.89
-26.26
-19.84
Working Capital
46,843
38,113
17,824
31,659
41,496
56,091
37,120
55,493
66,097
37,164
39,653
-24,990
-39,275
-33,921
LT Debt
4,119
3,190
6,729
6,255
252
- -
270
51,552
49,974
48,144
56,392
514
9,844
6,532
Total Equity
102,079
99,427
89,077
94,387
97,679
111,143
119,686
126,549
132,037
136,531
120,223
105,643
82,229
87,046
Return on Invested Capital (%)
2.69
0.6
- -
0.63
- -
12.01
6.93
4.96
3.55
3.27
- -
- -
- -
- -
Return on Capital (%)
3.8
1.68
- -
5.58
- -
12.71
7.78
5.62
4.01
4.76
- -
- -
- -
- -
Return on Common Equity (%)
3.62
1.52
-5.47
5.99
4.04
13.72
8.05
6.94
4.92
5.91
-4.22
-19.4
-26.04
-21.77

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
56,770
61,426
99,610
LT Borrowings
9,616
9,674
6,367
LT Finance Leases
227
181
165
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
43,110
30,980
22,502

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
31,638
39,630
82,928
Cash, Cash Equivalents & STI
7,571
2,950
6,003
Accounts Receivable, Net
12,074
12,571
12,621
Inventories
8,183
9,565
9,103
Total Current Liabilities
70,913
73,966
116,849
Payables & Accruals
- -
- -
- -
ST Debt
56,770
61,426
99,610
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.18%
-7.7%
-22.16%
Free Cash Flow
-450.73%
-6.12%
-58.93%
Net Income, GAAP
13.78%
29.56%
11.67%
Sales/Revenue/Turnover
2.91%
0.23%
5.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,838
23,159
23,276
20,839
88,113
2025
21,323
22,801
24,914
24,213
93,252
2026
24,474
28,216
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-804.32
-840.34
-1,152.46
-3,017.88
-5,822.33
2025
-1,104.44
-1,272.51
-765
-3,027.79
-5,450.18
2026
-383.99
-270
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
469.1
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hyuk-Bum Kwon
Full Time Employees
100
Sector
Process industries
Industry
Pulp & paper
Address
9, Seotan-ro Pyeongtaek-si GG South Korea 17953
IPO Date
Jul 3, 1996
Website
khblue.com
Business
Blue Industrial Development Co., Ltd. (006740.KS), formerly Young Poong Paper Mfg. Co., Ltd., manufactures industrial paper boards primarily for paper core tubes and corrugated packaging applications in South Korea. The company produces core boards (CB series including CB-SH, CB-B, CB-CA, CB-CB, CB-CC, and CB-D grades with basis weights from 250-500 g/m2, emphasizing properties such as thickness, tensile strength, peel strength, burst strength, and compression strength) used in paper cores, tubes, fiber drums, film winding, and yarn bobbins for synthetic fibers, textiles, and papermaking; and liner boards (KAY, KAYH, SKP, KLB, K2, KAR coated and uncoated, and YPK grades with basis weights from 175-440 g/m2, focusing on color, moisture, water resistance, fold endurance, and burst strength) used as surface liners, back liners, and medium flutes in corrugated cardboard boxes and sheets for external packaging of goods including agricultural products. Operations are supported by two paper machines—a rotary multi-cylinder machine (No. 2, 300 tons/day capacity, 200-500 g/m2, 3,300 mm width) producing core boards and a single-wire multi-cylinder machine (No. 3 from Over Meccanica, 500 tons/day, 150-400 g/m2, 4,100 mm width) for both core and liner boards—with total annual sales of KRW 88.1 billion in 2024 from domestic and overseas markets; it also engages in real estate rental and operates a subsidiary, Yeongpoong Package, in Chungcheongbuk-do. Founded in 1970 and headquartered at 9 Seotan-ro, Jinwi-myeon, Pyeongtaek-si, Gyeonggi-do, South Korea, the company employs approximately 100 people and listed on the Korea Exchange in 1996. Recent developments include anticipation of KRW 8.5 billion in funding as announced in November 2025, alongside Daiyang Metal Co., Ltd.—its principal shareholder holding 13.68%—revising its stake sale schedule in October 2025.