Korea Zinc Co., Ltd.

Korea Zinc Co., Ltd.

KKRX:010130
854,000.00
KRW
-37,000.00
(-4.15%)
50,924.74EPS
21.19P/E
22.02TMarket Cap
Nov 17Next 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
272,585.27
279,421.51
269,963.96
330,852.46
373,235.31
389,457.52
378,792.61
428,987.6
564,480.38
617,545.5
481,106.59
598,965.04
911,046.69
1,106,612.05
Basic EPS, GAAP
25,352
28,362
28,820
33,519
35,591
29,841
35,811
32,418
45,648
33,134
21,435
14,949
42,566
50,977.37
Free Cash Flow per Basic Share
24,395.85
684.86
26,290.84
27,947.14
16,795.57
31,923.85
18,514.39
-12,040.27
7,253.26
22,312.01
18,941.01
-30,568.26
-86,294.73
-61,428.93
Dividend per Share
5,082.04
5,087.82
6,587.74
8,587.87
8,587.76
10,087.89
11,088.03
14,702.51
15,702.29
19,542.54
29,696.07
15,649.38
7,652.35
26,491.33
Book Value per Share
236,655.19
262,184.22
287,268.63
312,118.32
337,231.85
353,622.43
379,955.59
394,346.87
430,439.26
446,256.86
438,066.52
393,305.64
527,255.92
556,216.52
Tangible Book Value per Share
232,854.56
258,508.82
283,262.78
307,947.93
332,722.13
348,769.17
374,652.06
389,203.87
423,461.18
411,635.54
403,648.73
349,632.87
479,500.31
483,601.24
Basic Weighted Avg Shares
18
18
18
18
18
18
18
18
18
18
20
20
18
19
Sales/Revenue/Turnover
4,817,734
4,938,532
4,771,443
5,847,513
6,596,671
6,883,323
6,694,811
7,581,927
9,976,776
11,219,359
9,704,521
12,052,918
16,587,851
21,374,314
Operating Margin (%)
12.43
13.82
14.09
13.08
13.56
11.11
12.03
11.84
10.99
8.19
6.8
6.01
7.43
9.52
Depreciation Expense
146,633
155,922
174,056
218,531
227,770
258,501
279,335
278,727
289,822
303,748
318,968
352,694
362,072
395,506
Net Income, GAAP
448,077
501,274
509,375
592,418
629,046
527,414
632,926
572,956
806,795
601,967
432,371
300,817
775,019
984,633
Effective Tax Rate (%)
23.99
26.08
24.91
25.83
31.51
30.43
26.8
29.24
28.79
11.16
28.15
29.26
25.14
29.33
Profit Margin (%)
9.3
10.15
10.68
10.13
9.54
7.66
9.45
7.56
8.09
5.37
4.46
2.5
4.67
4.61
Working Capital
2,040,478
2,122,926
2,147,871
2,357,778
3,063,320
3,427,470
3,893,664
3,794,454
3,918,517
3,751,974
3,668,838
1,200,740
5,941,777
2,606,954
LT Debt
49,900
38,949
23,558
17,299
11,783
7,112
8,866
17,821
138,694
239,690
220,888
608,235
2,797,405
2,535,251
Total Equity
4,331,959
4,783,114
5,219,369
5,662,705
6,105,651
6,374,528
6,838,392
7,087,029
7,734,234
9,053,089
9,365,616
7,405,607
10,998,930
11,593,900
Return on Invested Capital (%)
10.19
10.51
9.69
10.13
10.15
8.34
8.7
8.82
9.92
8.68
4.55
4.48
6.25
8.84
Return on Capital (%)
10.2
10.57
9.9
10.76
10.54
8.3
9.46
8.12
10.46
6.73
4.48
3.36
6.36
6.81
Return on Common Equity (%)
11.14
11.37
10.49
11.18
10.96
8.64
9.76
8.37
11.07
7.31
4.81
3.7
8.66
10.49

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,162,811
3,614,333
5,144,744
LT Borrowings
2,668,946
2,695,068
2,384,800
LT Finance Leases
128,459
135,639
150,451
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
26,837,493
28,999,176
22,024,691

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,069,317
9,859,588
10,453,121
Cash, Cash Equivalents & STI
4,489,472
1,664,926
1,605,929
Accounts Receivable, Net
1,115,039
1,264,310
1,431,838
Inventories
6,220,537
6,484,765
6,724,139
Total Current Liabilities
6,127,539
6,894,902
7,846,168
Payables & Accruals
- -
- -
- -
ST Debt
3,162,811
3,614,333
5,144,744
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.89%
11.44%
48.52%
Free Cash Flow
-20.59%
-11.07%
155.43%
Net Income, GAAP
13.13%
22.89%
157.64%
Sales/Revenue/Turnover
14.26%
18.47%
37.63%
Total Cash Common Dividend
- -
0.05%
-55.76%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,375,365
3,058,166
3,206,651
3,412,736
12,052,918
2025
3,832,785
3,825,380
4,159,797
4,769,888
16,587,851
2026
6,072,027
6,372,601
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,150
8,541
7,635
-8,440.31
14,949
2025
8,945
18,227
3,972.47
11,435.62
42,566
2026
17,387.99
17,093.94
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
10,151.16
1.04
15,649.38
2025
170.8
7,499.96
- -
- -
7,652.35
2026
90.8
25,000
- -
- -
- -

Company Description

CEO
Ki-Deok Park
Full Time Employees
2,054
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Young Poong Building 542 Seoul SL South Korea 03159
IPO Date
Jul 28, 1990
Business
Korea Zinc Company, Ltd. Korea Zinc Company, Ltd. engages in the smelting and refining of non-ferrous metals, primarily zinc, lead, and associated byproducts, operating as one of the world's largest integrated producers with an annual zinc capacity exceeding 1.2 million tons, representing approximately 10% of global market share. The company manufactures a broad portfolio of products including special high-grade zinc slab ingots, alloy jumbo blocks, zinc anode ingots, and die-cast ingots; lead and lead alloy ingots; copper cathodes; gold and silver; rare metals such as indium, bismuth, antimony, and germanium; sulfuric acid, semi-sulfuric acid, and oleum; as well as electrolytic copper foil for secondary batteries, zinc oxide, and nickel sulfate precursors for electric vehicle cathodes. It conducts operations through segments encompassing non-ferrous metals smelting, import-export and recycling of metals, resource circulation including electronic waste processing and steel dust recycling, secondary battery materials, renewable energy via solar and wind power generation plus green hydrogen infrastructure, logistics warehousing and shipping, private equity funds, and media content production; with key facilities centered at the Onsan smelter complex in Ulsan, South Korea, and global subsidiaries spanning Australia, Vietnam, Thailand, the United States, and other regions targeting industrial, automotive, electronics, and defense sectors. Founded in 1974 and headquartered in Seoul, South Korea, Korea Zinc Company, Ltd. maintains a worldwide network of affiliates including Korea Nickel, KZ Trading, STEELCYCLE Corporation, Zinc Oxide Corporation Vietnam, Ark Energy for renewables, Kataman Metals for recycling, and KEMCO for battery materials. In recent developments, the company acquired Kataman Metals in April 2024 to bolster resource recycling capabilities; forged a strategic equity investment partnership in June 2025 with TMC the metals company Inc. valued at $85.2 million for critical minerals processing synergies; signed an August 2025 MOU with Lockheed Martin for non-China-sourced high-purity germanium supply, backed by a KRW 140 billion investment in a new Onsan germanium plant targeting production start in 2028; broke ground in November 2023 on an all-in-one nickel smelter set for 2026 commissioning to expand nickel sulfate output for EV batteries; and advanced joint ventures including with LG Chem for cathode precursors and Trafigura for nickel raw material supply and a 12.9% stake in KEMCO.