Namhae Chemical Corporation

Namhae Chemical Corporation

KKRX:025860
5,550.00
KRW
-150.00
(-2.63%)
202.51EPS
23.38P/E
274.75BMarket 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
29,019.49
26,117.81
24,532.86
22,834.06
23,407.71
25,866.18
24,793.85
21,048.13
30,292.24
45,264.4
33,178.29
31,705.07
33,460.63
36,245.55
Basic EPS, GAAP
270
379
427
302
560.02
175
335
522
452
986
250
525
608
245.09
Free Cash Flow per Basic Share
1,467.26
1,090.85
1,427.35
433.27
235.05
-100.99
692.4
776.01
-2,815.69
-3,260.99
488.98
1,484.92
440.91
-1,324.15
Dividend per Share
12.59
38.41
48.44
59.91
45
79.84
50.07
59.96
80.03
60.02
100.17
60.04
80
- -
Book Value per Share
7,389.21
7,679.55
8,042.25
8,293.07
8,784.41
8,857.2
9,050.51
9,445.9
9,747.99
10,670.28
10,641.74
11,039.61
11,458.66
11,535.59
Tangible Book Value per Share
7,354.26
7,643.6
8,013.29
8,258.72
8,769.75
8,839.36
9,035.09
9,430.01
9,734.37
10,548.45
10,509.71
10,930.31
11,374.61
11,467.09
Basic Weighted Avg Shares
48
48
48
48
48
48
48
48
48
48
48
48
48
48
Sales/Revenue/Turnover
1,391,551
1,251,761
1,175,142
1,096,493
1,122,369
1,242,735
1,187,201
1,009,845
1,451,884
2,169,566
1,588,078
1,519,109
1,604,421
1,738,447
Operating Margin (%)
1.49
1.46
2.05
1.16
2.51
1.37
1.29
2.61
1.41
2.88
0.7
2.39
2.69
1.21
Depreciation Expense
13,105
12,922
13,103
13,770
15,443
14,193
15,322
16,317
15,817
16,546
20,790
25,746
28,774
29,939
Net Income, GAAP
12,947
18,165
20,454
14,502
26,852
8,408
16,041
25,044
21,664
47,260
11,966
25,155
29,153
11,755
Effective Tax Rate (%)
20.36
20.62
20.93
22.91
23.12
45.66
27.15
22.77
11.41
27.76
- -
21.29
22.32
18.44
Profit Margin (%)
0.93
1.45
1.74
1.32
2.39
0.68
1.35
2.48
1.49
2.18
0.75
1.66
1.82
0.68
Working Capital
151,167
174,725
190,598
187,685
214,537
232,646
247,093
264,263
271,166
256,931
227,424
236,683
241,873
246,734
LT Debt
- -
- -
- -
- -
- -
- -
4,792
4,443
3,421
8,304
34,637
37,110
35,834
33,503
Total Equity
354,303
368,224
385,616
397,982
421,392
424,691
433,960
452,919
471,602
521,990
519,317
534,754
552,623
555,237
Return on Invested Capital (%)
3.57
3.36
4.4
2.34
4.95
1.97
2.33
4.12
3.39
6.97
- -
4.22
5.15
1.84
Return on Capital (%)
3.04
4.22
4.81
3.52
6.16
1.98
3.63
5.25
4.17
8.49
- -
5.35
5.91
2.28
Return on Common Equity (%)
3.72
5.03
5.43
3.7
6.56
1.99
3.74
5.65
4.71
9.65
2.34
4.84
5.4
2.13

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
55,982
186,643
391,517
LT Borrowings
34,676
33,704
32,731
LT Finance Leases
1,158
394
772
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
319,338
383,110
274,746

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
465,180
549,363
768,529
Cash, Cash Equivalents & STI
40,523
96,016
215,315
Accounts Receivable, Net
133,257
199,290
297,501
Inventories
267,382
241,857
240,631
Total Current Liabilities
223,307
308,599
521,795
Payables & Accruals
- -
- -
- -
ST Debt
55,982
186,643
391,517
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.7%
4.12%
3.34%
Free Cash Flow
-145.74%
-85.58%
-70.29%
Net Income, GAAP
29.04%
31.22%
15.9%
Sales/Revenue/Turnover
5.47%
13.54%
5.62%
Total Cash Common Dividend
12.76%
13.67%
33.33%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
414,490
405,299
323,804
375,517
1,519,109
2025
437,663
426,193
360,330
380,235
1,604,421
2026
492,955
504,928
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
307
187
6
24.54
525
2025
299
208
212.52
-111.33
608
2026
-42.25
186
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
60.04
2025
- -
- -
- -
- -
80
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chang-Su Kim
Full Time Employees
587
Sector
Process industries
Industry
Chemicals: specialty
Address
1384, Yeosusandan-ro Seoul SL South Korea 59618
IPO Date
Nov 10, 1995
Business
Namhae Chemical Corporation (025860.KS) manufactures and sells agricultural chemicals, fertilizers, and basic industrial chemicals in South Korea and internationally. The company produces high-quality, eco-friendly fertilizers including urea, phosphatic, and compound varieties suited to Korean soil and crops; basic chemical products such as ammonia, sulfuric acid, fuming sulfuric acid, phosphoric acid, gypsum, hexafluorosilicic acid, sulphate of potash, and hydrochloric acid; and operates gas stations while supplying petroleum products including gasoline, diesel, and kerosene. It also engages in the export and trading of fertilizers and chemicals to over 20 countries. Founded in 1974 and headquartered in Yeosu-si, South Korea, Namhae Chemical operates primarily through its fertilizer, chemical, trading, and oil business segments, holding a leading 42% domestic market share in chemical fertilizers. In recent developments, the company signed an agreement with GS Caltex in October 2025 to supply carbon-free steam from a reactivated sulfuric acid plant in the Yeosu Industrial Complex, targeting commercial operations in 2027 to reduce carbon emissions; expressed interest in expanding raw material sourcing including green ammonia and rock phosphate from Malaysia; and through its subsidiary NES Materials—a 2021 joint venture with ENF Technology (20%) and Samsung C&T (10%)—began supplying prototype high-purity sulfuric acid for semiconductor wafer cleaning to Samsung Electronics, with commercial production slated for late 2025 or 2026.