TAEYANG Corp.

TAEYANG Corp.

KKRX:053620
6,820.00
KRW
+40.00
(+0.59%)
2,264.88EPS
3.10P/E
55.81BMarket 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
26,026.06
26,009.36
18,283.54
18,612.01
19,786.19
17,140.9
17,807.67
17,785.01
18,856.95
21,884.5
19,714.87
19,126.13
17,632.67
17,783.26
Basic EPS, GAAP
1,012
956
416
1,614
872
231
925
881
604
827
918
1,038
1,489
2,264.88
Free Cash Flow per Basic Share
363.84
675.71
-2,563.23
1,087.6
591.03
-820.59
2,208.68
905.09
-118.47
801.21
1,804.86
1,442.03
1,038.8
1,398.65
Dividend per Share
100
100
- -
- -
189.94
99.81
99.96
150.08
150.09
149.99
299.88
380.06
200.03
- -
Book Value per Share
15,395.52
16,261.94
16,698.16
18,284.13
18,935.79
19,065.84
19,914.78
20,612.59
21,158.53
21,811.4
22,439.29
23,122.76
24,397.04
25,081.82
Tangible Book Value per Share
15,266.57
16,191.24
16,639.64
18,238.31
18,889.46
19,028.67
19,876.52
20,575.27
21,118.76
21,736.27
22,365.71
23,061.92
24,338.58
25,023.63
Basic Weighted Avg Shares
8
8
8
8
8
8
8
8
8
8
8
8
8
8
Sales/Revenue/Turnover
207,195
207,071
145,514
148,161
157,570
136,716
141,822
141,507
150,035
174,238
157,016
152,238
140,352
141,573
Operating Margin (%)
4.51
4.3
1.11
12.53
8.93
-1.05
4.97
6.55
1.68
4.27
4.16
1.42
1.71
3.14
Depreciation Expense
3,754
3,284
2,820
5,919
5,932
6,168
6,791
6,746
6,692
6,907
7,065
7,134
6,702
5,849
Net Income, GAAP
8,057
7,611
3,311
12,848
6,944
1,842
7,367
7,010
4,806
6,584
7,311
8,262
11,852
18,031
Effective Tax Rate (%)
20.74
22.35
62.52
30.6
23.44
24.37
19.62
10.78
21.43
26
22.07
15.11
21.56
18.42
Profit Margin (%)
3.89
3.68
2.28
8.67
4.41
1.35
5.19
4.95
3.2
3.78
4.66
5.43
8.44
12.74
Working Capital
41,428
50,735
24,711
40,389
51,436
42,443
50,470
52,965
57,101
63,280
72,928
83,533
99,770
105,208
LT Debt
1,036
1,015
12,266
10,296
6,763
2,997
940
1,944
1,408
791
486
51
1,733
1,652
Total Equity
122,564
129,462
132,935
145,561
150,748
151,784
158,542
164,097
168,444
173,641
178,640
184,081
194,226
199,677
Return on Invested Capital (%)
6.09
5.4
0.44
8.37
6.66
-0.68
3.52
4.99
1.17
3.16
2.85
1
0.98
1.85
Return on Capital (%)
6.72
6
2.46
8.62
4.47
1.21
4.67
4.33
2.86
3.82
4.13
4.54
6.22
9.33
Return on Common Equity (%)
6.78
6.04
2.52
9.23
4.69
1.22
4.75
4.35
2.89
3.85
4.15
4.56
6.27
9.38

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
167
459
473
LT Borrowings
- -
- -
- -
LT Finance Leases
112
1,733
1,652
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
52,543
51,826
55,807

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
118,263
120,898
133,943
Cash, Cash Equivalents & STI
80,586
85,228
97,415
Accounts Receivable, Net
21,406
19,085
19,644
Inventories
12,489
11,402
12,147
Total Current Liabilities
20,862
21,127
28,734
Payables & Accruals
- -
- -
- -
ST Debt
167
459
473
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.89%
3.44%
5.51%
Free Cash Flow
-166.76%
-162.52%
-27.96%
Net Income, GAAP
53.67%
14.61%
43.45%
Sales/Revenue/Turnover
-0.01%
0.29%
-7.81%
Total Cash Common Dividend
- -
- -
-47.37%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
38,130
38,639
34,581
40,888
152,238
2025
35,561
34,255
33,619
36,918
140,352
2026
36,781
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
180
104
216
537.52
1,038
2025
307
832.02
160.21
189.96
1,489
2026
1,082.69
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
380.06
2025
- -
- -
- -
- -
200.03
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chang-Su Hyun
Full Time Employees
242
Sector
Process industries
Industry
Chemicals: specialty
Address
Cheonan South Korea
IPO Date
Aug 7, 2001
Business
TAEYANG Corp. is a South Korea-based manufacturing company primarily engaged in the production and global distribution of portable fuel products, aerosol packaging, and specialized household and industrial chemical goods. Founded in 1989 and headquartered in Cheonan, South Korea, with corporate offices in Seoul, the company operates as a core affiliate of the Sun Group alongside sister companies Seung-il Co., Ltd. and Sean Co., Ltd. The company organizes its business activities into portable butane fuel, aerosol and contract filling, industrial maintenance products, and consumer goods. Its core product and service portfolio comprises portable butane gas cartridges marketed under flagship brand names such as Sun Fuel and Sun Flame; outdoor and camping gas canisters under the Alps brand; lighter gas refills; portable gas ranges and stoves; original equipment manufacturing (OEM) and original design manufacturing (ODM) contract aerosol filling and can fabrication; personal care aerosol cosmetics, including hair sprays, styling mousses, shaving foams, and body deodorants; household and hygiene aerosols, including insect repellents and insecticides; technical industrial chemicals, including spray adhesives, polyurethane foams, carburetor cleaners, electronics cleaners, lubricants, and rust and frost removers; and consumer household supplies, including polyethylene zipper bags, disposable vinyl gloves, roll bags, and paper cups. TAEYANG serves consumer retail, commercial foodservice, outdoor recreation, automotive, and industrial maintenance markets across South Korea and exports to more than 70 countries worldwide, including Japan, China, the United States, the Netherlands, and Taiwan, holding a dominant share in the global portable butane fuel market. In recent operational developments, TAEYANG has fully implemented advanced Rim Vent Release (RVR) explosion-prevention safety technologies across its portable butane canister production lines to comply with enhanced high-pressure gas safety mandates, integrated higher-speed automated filling and inspection infrastructure at its primary manufacturing facilities, and broadened strategic international distribution channels to capture expanding outdoor leisure demand in North American and European markets.