Moorim P&P Co., Ltd.

Moorim P&P Co., Ltd.

KKRX:009580
1,604.00
KRW
+3.00
(+0.19%)
-1,579.03EPS
94.36BMarket 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
10,355.43
10,232.58
10,065.02
9,838.91
9,746.71
10,441.82
10,121.18
8,492.68
9,837.61
12,419.96
12,345.63
13,014.55
11,736.47
12,576.46
Basic EPS, GAAP
484
-156
186
-13
585
1,119
162
-139
298
721
-353
361
-544
-1,597.88
Free Cash Flow per Basic Share
734.24
1,155.46
105.6
1,255.34
1,263.9
1,234.23
216.2
-202.71
-1,017.04
165.82
-1,527.74
-980.36
-2,936.16
138.69
Dividend per Share
249.96
249.51
174.77
205
124.98
150
262.69
178.6
129.18
129.3
153.21
102.41
101.85
128
Book Value per Share
9,215.4
8,769.86
8,759.6
8,561.63
9,029.21
9,889.83
9,842.44
9,521.17
9,787.76
10,484.16
9,963.32
10,214.58
9,574.77
8,276.46
Tangible Book Value per Share
9,094.7
8,547.44
8,544.5
8,352.24
8,856.29
9,718.02
9,783.2
9,473.37
9,751.87
10,450.95
9,935.9
10,190.34
9,554.13
8,255.86
Basic Weighted Avg Shares
62
62
62
61
62
62
62
62
62
62
62
62
62
62
Sales/Revenue/Turnover
645,898
639,399
628,514
598,616
607,920
651,176
631,257
527,908
613,699
774,104
768,920
811,651
731,620
784,398
Operating Margin (%)
8
2.06
5.82
2.27
7.36
15.7
7.83
1.2
4.79
8.82
1.51
4.49
-3.34
-3.19
Depreciation Expense
48,615
53,047
52,300
51,485
49,127
49,575
50,678
46,827
51,083
52,767
53,890
58,103
60,793
64,295
Net Income, GAAP
30,188
-9,748
11,615
-791
36,488
69,783
10,104
-8,640
18,590
44,938
-21,986
22,514
-33,911
-99,660
Effective Tax Rate (%)
21.46
- -
28.79
- -
25.26
25.47
57.65
- -
24.08
17.19
- -
- -
- -
- -
Profit Margin (%)
4.67
-1.52
1.85
-0.13
6
10.72
1.6
-1.64
3.03
5.81
-2.86
2.77
-4.64
-12.71
Working Capital
-24,015
10,114
-93,721
-84,554
-24,085
-47,570
-73,310
-70,323
-70,726
16,327
-11,783
-146,028
-149,331
-174,289
LT Debt
251,593
277,965
167,141
149,332
158,313
167,811
247,641
301,712
247,141
267,456
326,420
280,996
437,250
449,301
Total Equity
574,707
546,922
546,282
534,097
563,221
634,362
620,557
601,417
618,942
662,689
630,374
645,969
606,780
526,118
Return on Invested Capital (%)
3.7
- -
2.53
- -
3.5
7.2
1.79
- -
1.75
4.18
- -
- -
- -
- -
Return on Capital (%)
4.04
- -
2.06
- -
4.75
7.49
1.31
- -
1.98
4.12
- -
- -
- -
- -
Return on Common Equity (%)
5.32
-1.74
2.12
-0.15
6.65
11.83
1.64
-1.43
3.09
7.11
-3.45
3.58
-5.5
-17.49

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
615,809
612,404
629,485
LT Borrowings
432,327
432,150
444,759
LT Finance Leases
4,923
4,918
4,543
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
62
62
Market Capitalization
157,780
165,576
94,356

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
555,422
565,198
634,976
Cash, Cash Equivalents & STI
178,634
193,440
256,704
Accounts Receivable, Net
137,928
136,895
131,771
Inventories
150,176
138,668
143,619
Total Current Liabilities
704,753
721,335
809,265
Payables & Accruals
- -
- -
- -
ST Debt
615,809
612,404
629,485
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.21%
0.3%
-6.07%
Free Cash Flow
21.33%
-113.96%
199.37%
Net Income, GAAP
-577.52%
-155.08%
-250.63%
Sales/Revenue/Turnover
2.19%
7.48%
-9.86%
Total Cash Common Dividend
- -
- -
-0.59%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
188,744
211,408
210,234
201,266
811,651
2025
172,965
168,350
183,843
206,462
731,620
2026
186,182
207,911
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-70
269
105
57.75
361
2025
-138
19
-140.77
-284.65
-544
2026
-163.19
-1,009
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.4
99.95
- -
- -
102.41
2025
1.81
97.55
- -
- -
101.85
2026
3.02
124.95
- -
- -
- -

Company Description

CEO
Do-Kyoon Lee
Full Time Employees
722
Sector
Process industries
Industry
Pulp & paper
Address
3-36 Woobong Gangyang Road Ulsan UL South Korea
IPO Date
Jun 20, 1989
Business
Moorim P&P Co., Ltd. manufactures and sells pulp, paper, and related products primarily in South Korea and internationally. Founded in 1974 and headquartered in Ulsan, South Korea, the company produces bleached chemical kraft pulp and magnesium hydroxide; printing papers including art paper, wood-free paper, glossy paper, and coated papers; molded pulp packaging products such as moohae branded items; and eco-friendly new materials like paper wet wipes and water-soluble coatings. It operates Korea's first and only integrated pulp and paper mill in Ulsan with annual capacities of approximately 450,000 tons of pulp and 520,000 tons of paper, alongside credit and forestry businesses; subsidiaries include Moorim Paper, Moorim SP, and international offices in the US and Europe. Recent developments include signing a strategic MOU with Nanu in January 2024 for eco-friendly coating technology on molded pulp to expand de-plasticization markets; business agreements with Lotte World Aquarium for carbon reduction and Shinsegae Starfield for ESG initiatives 'Moohae World' in 2023; installation of a new eco-friendly heat recovery steam generator; launching patent-pending real paper wet wipes; achieving Platinum Level Zero Waste to Landfill certification in 2025, the first in the industry; and upgrades to its Ulsan mill with ANDRITZ for evaporation plant enhancements and Valmet for fiberline and recausticizing technologies, both scheduled for completion by late 2024 to boost capacity, efficiency, and environmental performance.