1. South Korea Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Korea Alcohol Industrial Co., Ltd.

Korea Alcohol Industrial Co., Ltd.

KKRX:017890
13,770.00
KRW
-400.00
(-2.82%)
2,042.52EPS
6.38P/E
212.81BMarket 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
9,445.53
9,058.6
9,273.21
9,162.8
10,318.68
12,435.74
14,157.97
18,063.8
24,371.77
24,914.95
21,287.85
20,463.98
20,845.53
20,880.69
Basic EPS, GAAP
268
565
884
1,462
978
1,393
1,545
2,478
2,230
1,474
489
1,193
1,507
1,647.99
Free Cash Flow per Basic Share
319.62
240.26
760.59
1,230.31
-1,335.39
447.06
135.66
2,075.54
-380.5
85.51
205.31
-439.6
1,177.53
555.53
Dividend per Share
- -
- -
50
50
49.99
49.99
49.99
100.01
99.98
100.01
49.98
215.75
160.74
49.41
Book Value per Share
8,608.8
9,233.77
10,152.26
11,604.33
12,299.13
14,292.04
15,930.71
18,125.05
20,388.59
21,988.37
23,303.27
24,818.47
26,443.49
27,053.17
Tangible Book Value per Share
8,445.41
9,069.23
10,024.73
11,422
12,063.39
14,005.74
14,804.4
17,009.09
19,284.73
20,878.62
22,235.08
23,764.45
25,386.59
25,999.86
Basic Weighted Avg Shares
21
21
21
21
21
21
21
21
21
21
21
21
20
20
Sales/Revenue/Turnover
194,292
186,291
190,848
188,568
212,403
255,981
291,435
371,741
501,663
512,698
438,274
421,014
423,883
424,539
Operating Margin (%)
3.34
6.94
7.98
10.28
8.1
11.14
11.36
15.09
10.76
4.92
4.99
6.52
7.59
8.46
Depreciation Expense
7,302
7,241
7,651
7,268
10,387
10,840
11,158
11,683
11,777
12,637
13,201
14,285
15,798
16,283
Net Income, GAAP
5,513
11,619
18,193
30,088
20,132
28,674
31,803
50,996
45,902
30,332
10,068
24,544
30,644
33,506
Effective Tax Rate (%)
26.1
21.75
23.43
26.76
20.53
25.2
27.01
21.89
20.18
17.51
21.12
20.34
23.29
23.94
Profit Margin (%)
2.84
6.24
9.53
15.96
9.48
11.2
10.91
13.72
9.15
5.92
2.3
5.83
7.23
7.89
Working Capital
56,124
65,723
70,684
73,185
66,488
83,672
84,085
115,711
137,927
124,008
141,841
160,736
172,061
179,172
LT Debt
14,177
12,894
11,854
- -
27,466
30,888
31,263
28,432
29,994
30,940
4,562
29,200
32,919
34,537
Total Equity
177,174
190,036
208,939
238,824
253,123
294,139
334,448
380,982
430,242
467,414
526,013
561,956
594,753
608,467
Return on Invested Capital (%)
2.19
4.43
4.98
5.78
5.02
6.87
6.69
10.69
9.38
4.15
3.2
3.75
3.97
4.38
Return on Capital (%)
2.95
5.45
8.17
12.71
7.86
9.72
9.26
12.64
9.8
5.68
1.34
3.43
4.1
4.36
Return on Common Equity (%)
3.16
6.33
9.12
13.44
8.18
10.48
10.23
14.55
11.58
6.96
2.16
4.96
5.86
6.31

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
771
771
773
LT Borrowings
32,058
32,674
34,314
LT Finance Leases
286
245
223
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
185,272
214,227
212,810

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
214,310
217,223
223,758
Cash, Cash Equivalents & STI
93,471
101,222
102,490
Accounts Receivable, Net
74,542
66,470
71,074
Inventories
41,885
45,769
46,322
Total Current Liabilities
43,965
45,162
44,586
Payables & Accruals
- -
- -
- -
ST Debt
771
771
773
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.09%
9.36%
5.84%
Free Cash Flow
30.04%
-155.86%
-364.75%
Net Income, GAAP
20.39%
11.58%
24.85%
Sales/Revenue/Turnover
9.28%
3.87%
0.68%
Total Cash Common Dividend
- -
- -
-26.36%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
101,576
109,246
105,334
104,857
421,014
2025
108,322
105,963
106,323
103,276
423,883
2026
108,977
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
282
365
315
231.25
1,193
2025
388
452
516
143.35
1,507
2026
535.56
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
236.43
-20.42
- -
- -
215.75
2025
110.05
49.13
- -
- -
160.74
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
Full Time Employees
180
Sector
Process industries
Industry
Chemicals: specialty
Address
Yongin-si South Korea
IPO Date
Aug 4, 1992
Website
ka.co.kr
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Business
Korea Alcohol Industrial Co., Ltd. is a South Korea-based chemical manufacturing company primarily engaged in the production, processing, and distribution of industrial ethanol, petrochemical solvents, and high-purity electronic materials. Founded in 1984 and headquartered in Yongin-si, Gyeonggi-do, South Korea, with principal production facilities located in Ulsan, the company operates across three core business divisions: Ethanol, Petrochemicals, and Fine Chemical and Electronic Materials. The company's systematic product portfolio comprises ethanol products, including industrial ethanol, refined ethanol, edible alcohol, and high-purity anhydrous ethanol supplied to the beverage, food processing, pharmaceutical, and industrial sanitization sectors; petrochemical solvents, including ethyl acetate and normal butyl acetate (n-BA) utilized in paints, coatings, synthetic resins, printing inks, and industrial adhesives; electronic-grade specialty chemicals, including electronic-grade normal butyl acetate, electronic-grade absolute ethanol, and high-purity solvent formulations engineered for semiconductor fabrication, wafer cleaning, and flat-panel display processing; and display materials, specifically proprietary color pastes developed as core colorant elements for liquid crystal display (LCD) and organic light-emitting diode (OLED) color filters. Through an integrated corporate network comprising its chemical distribution affiliate KC&A Co., Ltd., electronic materials affiliate ENF Technology Co., Ltd., and precision chemical subsidiary Purit Co., Ltd., the company serves industrial and high-technology manufacturers across domestic South Korean markets and international destinations throughout Asia-Pacific, North America, and Europe. In recent operational and strategic developments, Korea Alcohol Industrial has broadened its presence in high-purity semiconductor and secondary-battery recycling chemicals following the initial public offering and KOSDAQ listing of its consolidated subsidiary Purit Co., Ltd., while maintaining majority ownership and committing a portion of secondary offering proceeds to differentiated shareholder cash distributions. Concurrently, the company has undertaken corporate governance and capital allocation reforms amid notable equity stake acquisitions by foreign institutional investors including Miri Capital Management, expanding shareholder return programs, adopting electronic voting systems, launching digital dividend management tools, and scaling research and development initiatives for next-generation, ultra-high-purity electronic materials.