1. South Korea Stocks

  2. •

    Process industries

  3. •

    Pulp & paper
Shindaeyang Paper Co., Ltd

Shindaeyang Paper Co., Ltd

KKRX:016590
8,640.00
KRW
-90.00
(-1.03%)
1,083.37EPS
8.36P/E
273.33BMarket 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
9,423.98
9,061.94
6,348.22
6,526.38
13,191.21
17,602.74
16,051.31
15,377.38
18,444.06
1,875.07
18,325.05
21,107.45
21,606.73
22,088.43
Basic EPS, GAAP
343.3
459.2
-568.3
402.8
703.2
1,967.4
1,384.9
1,071
1,464.4
131.9
1,359
1,126
770
1,106.9
Free Cash Flow per Basic Share
-163.28
969.93
462.54
-886.9
-124.23
2,528.24
2,169.9
1,554.26
73.91
116.1
1,725.67
510.89
351.1
435.5
Dividend per Share
49.75
30.53
36.47
- -
- -
43.2
86.04
72.56
71.44
12.79
129.2
160.23
203.06
- -
Book Value per Share
6,711.48
6,964.93
6,132.31
6,509.08
6,831.39
9,041.48
10,383.63
11,878.56
13,918.14
15,417.19
17,480.01
19,591.08
20,359.37
20,890.71
Tangible Book Value per Share
6,660.44
6,941.8
6,116.09
6,493.85
6,730.37
8,945.3
10,287.35
11,759.4
13,801.54
15,353.94
17,422.6
19,550.92
20,330.21
20,861.55
Basic Weighted Avg Shares
36
36
38
39
39
40
40
40
37
361
35
31
30
30
Sales/Revenue/Turnover
338,016
327,026
239,263
252,520
512,806
709,356
646,815
609,205
681,566
676,402
645,360
658,502
639,529
652,685
Operating Margin (%)
4.82
7.68
3.47
6.42
5.61
16.44
14.64
10.6
8.05
7.52
9.07
4.45
3.55
3.83
Depreciation Expense
15,038
15,776
13,028
11,016
17,230
28,650
29,240
28,947
26,464
27,248
31,243
30,090
26,738
26,671
Net Income, GAAP
12,313
16,572
-21,419
15,585
27,337
79,282
55,807
42,430
54,114
47,581
47,860
35,129
22,791
32,708
Effective Tax Rate (%)
25.36
32.46
- -
36.93
22.76
18.99
25.13
24.23
22.99
16.9
23.72
29.22
27.92
26.84
Profit Margin (%)
3.64
5.07
-8.95
6.17
5.33
11.18
8.63
6.96
7.94
7.03
7.42
5.33
3.56
5.01
Working Capital
12,629
26,134
5,934
52,126
-37,196
59,166
140,599
161,390
205,759
172,607
207,533
178,210
190,742
209,620
LT Debt
29,779
17,050
9,953
7,514
35,856
39,825
35,636
35,206
53,353
27,294
23,440
12,321
16,081
22,848
Total Equity
260,119
274,123
253,998
264,923
415,555
506,487
573,786
599,488
626,797
657,300
686,756
692,090
721,149
736,872
Return on Invested Capital (%)
3.51
4.91
- -
1.78
4.96
15.04
10.74
7.14
5.81
5.59
5.76
2.68
2.02
2.18
Return on Capital (%)
3.97
5.36
- -
5.03
6.74
10.44
6.47
6.02
6.99
6.34
6.31
5.16
3.26
4.39
Return on Common Equity (%)
5.21
6.68
-8.7
6.37
10.37
24.79
14.26
9.72
11.31
8.99
8.41
6
3.83
5.42

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
69,126
78,000
78,249
LT Borrowings
13,583
13,094
20,937
LT Finance Leases
2,497
2,117
1,911
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
30
30
Market Capitalization
387,392
389,461
273,332

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
325,261
335,974
351,177
Cash, Cash Equivalents & STI
186,618
204,256
206,310
Accounts Receivable, Net
86,230
84,590
96,146
Inventories
34,736
27,218
31,820
Total Current Liabilities
134,518
143,784
141,558
Payables & Accruals
- -
- -
- -
ST Debt
69,126
78,000
78,249
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.97%
3.78%
4.2%
Free Cash Flow
-136.19%
254.87%
-34.8%
Net Income, GAAP
-0.66%
-9.13%
-35.12%
Sales/Revenue/Turnover
13.8%
1.14%
-2.88%
Total Cash Common Dividend
- -
19.07%
20.23%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
156,390
165,589
165,736
170,788
658,502
2025
157,280
160,601
163,456
158,192
639,529
2026
156,500
174,536
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
397
428
-44
274.57
1,126
2025
234
187
306.55
42.77
770
2026
308.59
449
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
160.23
2025
- -
- -
- -
- -
203.06
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hyuk-Hong Kwon
Full Time Employees
114
Sector
Process industries
Industry
Pulp & paper
Address
129 Mongnae-ro Ansan-si GY South Korea
IPO Date
Dec 21, 1995
Website
dygroup.co.kr
Similar Companies
International Paper Company (NYSE:IP)
JK Paper Limited (NSE:JKPAPER)
Avery Dennison Corporation (NYSE:AVY)
Alkim Kagit Sanayi ve Ticaret A.S. (BIST:ALKA)
Alkim Alkali Kimya A.S. (BIST:ALKIM)
Suzano S.A. (B3:SUZB3)
Business
Shindaeyang Paper Co., Ltd. manufactures and distributes corrugated cardboard materials primarily for packaging applications in South Korea and overseas markets. The company produces corrugating medium paper, kraft liner paper, and test liner paper, which serve as base papers for corrugated cardboard boxes; it operates through the corrugated cardboard and cardboard box business divisions. Founded in 1982 and headquartered in Ansan-si, Gyeonggi-do, South Korea, Shindaeyang Paper forms part of the Daeyang Group, one of the largest packaging groups in the country with significant production capacity. The company serves domestic and international customers in the paper products industry, focusing on industrial and consumer packaging segments. Recent developments include the completion of a share repurchase program in December 2024 involving 501,428 shares for KRW 3,008.28 million, an annual dividend announcement payable in April 2026, and earnings reports for the second and third quarters of 2025; it also completed minor additional acquisitions of stakes in affiliate Daeyang Paper Mfg. Co., Ltd. in early 2024.