SANGBO Co., Ltd.

SANGBO Co., Ltd.

KKRX:027580
1,690.00
KRW
+5.00
(+0.30%)
-1,480.27EPS
31.38BMarket 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
9,741.55
28,705.55
34,082.08
27,357.76
20,412.03
7,977.4
16,372.89
13,915.57
7,296.32
5,677.39
6,035.23
4,750.05
4,453.63
5,198.2
Basic EPS, GAAP
388.24
-1,328.64
-995.93
-3,653.6
-939.25
-4,442.05
-1,435
345
200
740
40
-954.74
-1,145
-1,465.74
Free Cash Flow per Basic Share
-504.94
-3,478.83
-3,833.43
-1,973.11
-2,517.36
-238.86
117.54
215.29
446.38
-54.52
525.03
-49.19
-707.09
-816.95
Dividend per Share
93.26
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
13,635.35
11,548.31
10,378.79
8,575.24
7,293.82
3,041.85
3,168.96
3,621.86
4,815.1
5,569.38
5,459.9
4,522.67
3,844.44
3,603.88
Tangible Book Value per Share
11,428.96
9,423.95
7,933.32
7,643.33
6,112.93
2,564.73
2,922.65
3,417.61
4,684.68
5,543.74
5,344.73
4,459.91
3,788.33
3,542.17
Basic Weighted Avg Shares
23
8
5
6
6
7
7
9
10
12
11
11
11
9
Sales/Revenue/Turnover
220,831
226,913
178,636
151,682
127,780
52,698
118,221
130,114
72,389
67,412
66,157
53,827
50,105
46,852
Operating Margin (%)
4.23
0.42
-0.89
-7.13
-2.96
3.59
-0.04
5.71
9.53
3.78
3.41
-14.89
-17.78
-22.67
Depreciation Expense
7,319
7,137
7,402
7,771
7,302
4,168
4,571
4,495
4,081
4,510
1,642
2,013
2,128
2,033
Net Income, GAAP
8,801
-10,503
-5,220
-20,257
-5,880
-29,344
-10,361
3,226
1,984
8,787
438
-10,819
-12,882
-13,211
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
15.87
1.24
- -
- -
- -
- -
- -
Profit Margin (%)
3.99
-4.63
-2.92
-13.35
-4.6
-55.68
-8.76
2.48
2.74
13.03
0.66
-20.1
-25.71
-28.2
Working Capital
-20,087
-6,669
-5,237
-5,411
5,116
-15,635
3,122
1,713
21,550
29,708
26,942
22,082
19,863
17,585
LT Debt
5,000
12,500
21,864
11,808
23,367
1,427
117
623
64
164
637
1,247
1,027
731
Total Equity
72,086
60,534
54,399
53,601
45,591
19,854
29,449
33,757
56,784
65,679
62,635
51,132
43,321
40,614
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
7.69
6.38
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
8.76
5.56
- -
- -
- -
- -
- -
Return on Common Equity (%)
12.88
-15.84
-9.08
-37.51
-11.86
-89.67
-42.03
10.21
4.38
14.35
0.68
-19.08
-27.33
-29.65

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
33,518
33,529
33,347
LT Borrowings
680
680
680
LT Finance Leases
404
347
51
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
50,079
39,771
31,377

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
64,575
61,713
58,704
Cash, Cash Equivalents & STI
33,683
32,591
30,714
Accounts Receivable, Net
18,353
16,487
15,751
Inventories
9,362
6,686
6,410
Total Current Liabilities
43,906
41,850
41,119
Payables & Accruals
- -
- -
- -
ST Debt
33,518
33,529
33,347
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.57%
9.12%
-15.28%
Free Cash Flow
12.56%
46.73%
1,327.08%
Net Income, GAAP
-191.87%
-467.81%
19.07%
Sales/Revenue/Turnover
-3.38%
-15.73%
-6.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,224
15,531
14,484
10,588
53,827
2025
12,138
15,240
12,720
10,007
50,105
2026
8,885
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-45
110
-95
-936.08
-954.74
2025
-1,065
-152.83
-118.2
-659.35
-1,145
2026
-1,211.03
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Sang-Geun Kim
Full Time Employees
148
Sector
Process industries
Industry
Industrial specialties
Address
Gimpo-si South Korea
IPO Date
Oct 1, 2007
Business
SANGBO Co., Ltd. is a South Korea-based advanced materials manufacturer engaged in the development, production, and global distribution of high-performance functional films, optical components, and nanotechnology-based coatings. The company operates across three core business divisions: Window and Surface Protection Films, Display Optical Materials, and Advanced New Materials. Its product offerings include automotive and architectural solar control window films; carbon, ceramic, and metal sputter thermal insulation films; automotive paint protection films (PPF) marketed under proprietary brand lines including EVIOUS; optical prism sheets and brightness enhancement films for backlight units (BLUs) used in liquid crystal displays (LCDs), OLED panels, televisions, monitors, and mobile devices; quantum dot (QD) optical sheets; scratch-resistant self-healing screen protection films; graphene barrier films and electromagnetic interference (EMI) shielding sheets; carbon nanotube (CNT) and silver nanowire (AgNW) transparent conductive films; and flexible copper clad laminates (FCCL) and dielectric substrates designed for 5G antenna modules and flexible electronic components. Founded in 1977 as Sangbo Chemical Industry and incorporated in 1989, the company is headquartered in Gimpo-si, Gyeonggi-do, South Korea, and supplies commercial, industrial, automotive, and consumer electronics markets throughout South Korea, China, North America, Europe, and Southeast Asia. In recent major corporate developments, Rayno Korea Co., Ltd., an affiliate of US-based Rayno WindowFilm Inc., acquired the founder's entire 14.81% equity stake in August 2026 to become SANGBO's largest shareholder, initiating a strategic integration to expand international distribution networks and scale automotive film operations. In addition, the company completed a reverse stock split in 2026, consolidating shares to raise its par value from 500 KRW to 2,500 KRW, while continuing the strategic commercialization and scaling of its graphene barrier and advanced functional optical film technologies.