1. South Korea Stocks

  2. •

    Process industries

  3. •

    Pulp & paper
Moorim P&P Co., Ltd.

Moorim P&P Co., Ltd.

KKRX:009580
1,590.00
KRW
-14.00
(-0.87%)
-1,579.03EPS
94.36BMarket Cap
Nov 18Next Earn
Moorim P&P Co., Ltd.
KRX:009580
(Korea Stock Exchange)

Recent

price

1,590.00

P/E

ratio

- -

div

yld

8.05%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
4,971.22
7,423.84
9,571.32
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
Revenue per Share
939
212.75
468
484
-156
186
-13
585
1,119
162
-139
298
721
-353
361
-544
-1,597.88
Basic EPS, GAAP
-3,708.65
-4,574.22
-194.83
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
Free Cash Flow per Basic Share
- -
- -
250.04
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
Dividend per Share
8,828.65
8,791.32
8,970.13
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
Book Value per Share
8,828.65
8,680.19
8,841.09
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
Tangible Book Value per Share
62
62
62
62
62
62
61
62
62
62
62
62
62
62
62
62
62
Basic Weighted Avg Shares
309,958
462,978
596,811
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
Sales/Revenue/Turnover
17.04
7.38
5.5
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
Operating Margin (%)
11,775
30,639
44,614
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
Depreciation Expense
58,547
13,268
29,182
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
Net Income, GAAP
2.56
22.54
21.91
21.46
- -
28.79
- -
25.26
25.47
57.65
- -
24.08
17.19
- -
- -
- -
- -
Effective Tax Rate (%)
18.89
2.87
4.89
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
Profit Margin (%)
44,871
-38,757
-66,593
-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
Working Capital
270,315
296,735
244,572
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
LT Debt
550,588
548,260
559,411
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
Total Equity
7.12
2.66
2.33
3.7
- -
2.53
- -
3.5
7.2
1.79
- -
1.75
4.18
- -
- -
- -
- -
Return on Invested Capital (%)
8.28
2.45
4.13
4.04
- -
2.06
- -
4.75
7.49
1.31
- -
1.98
4.12
- -
- -
- -
- -
Return on Capital (%)
11.24
2.41
5.27
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
Return on Common Equity (%)

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
- -
- -
- -
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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.