Tapex, Inc.

Tapex, Inc.

KKRX:055490
19,120.00
KRW
-100.00
(-0.52%)
1,901.86EPS
7.07P/E
64.20BMarket Cap
Nov 06Next Earn
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
16,928.29
23,629.62
24,014.57
26,261.94
24,171.83
22,992.87
23,864.86
25,174.76
32,842.34
38,631.52
30,736.76
28,512.13
29,604.65
32,182.38
Basic EPS, GAAP
1,149.51
2,650.15
2,020.21
203
1,747
1,081
1,617
2,931
4,009
4,013
1,708
751
423
1,902.73
Free Cash Flow per Basic Share
1,183.39
2,789.78
1,852.63
1,489.59
2,211.36
619.57
2,551.45
2,610
95.93
3,862.24
-4,116.52
-1,603.89
1,236.06
112.67
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
500.05
699.96
894.85
299.77
200.09
- -
Book Value per Share
13,500.95
15,579.81
9,660.12
11,930.95
18,659.94
19,739.89
21,349.3
24,252.78
27,833.62
31,364.54
32,046.58
32,416.7
32,645.36
33,624.32
Tangible Book Value per Share
13,480.38
15,570.99
9,651.42
1,173.37
4,974.48
6,168.47
8,170.83
11,228.6
14,928.9
18,572.22
19,499.14
20,039.8
20,366.98
21,439.35
Basic Weighted Avg Shares
6
5
5
2
4
5
5
5
5
5
5
5
5
5
Sales/Revenue/Turnover
101,299
111,476
113,292
63,584
105,852
108,499
112,605
118,773
154,923
182,261
145,840
135,955
141,139
153,559
Operating Margin (%)
8.95
12.67
9.83
8.4
11.29
6.94
7.35
11.65
13.72
13.96
4.54
1.05
1.78
4.9
Depreciation Expense
4,990
5,183
4,929
2,785
4,385
4,499
4,266
3,706
4,770
5,499
6,679
7,644
7,547
8,181
Net Income, GAAP
6,879
12,502
9,531
491
7,650
5,101
7,630
13,828
18,911
18,933
8,104
3,581
2,017
9,079
Effective Tax Rate (%)
24.23
20.24
14.29
84.17
19.76
24.03
22.1
17.27
19.45
20.11
- -
- -
- -
15.89
Profit Margin (%)
6.79
11.22
8.41
0.77
7.23
4.7
6.78
11.64
12.21
10.39
5.56
2.63
1.43
5.91
Working Capital
21,467
35,553
29,247
10,908
-34,432
-11,754
29,297
27,252
48,962
60,339
25,497
16,084
13,639
20,459
LT Debt
610
419
30,290
61,161
32
14,396
16,706
1,682
16,838
19,220
2,796
4,179
8,275
8,318
Total Equity
80,790
93,230
57,806
71,395
88,031
93,126
100,719
114,416
131,309
147,967
152,691
154,616
155,707
160,376
Return on Invested Capital (%)
- -
12.5
10.27
0.76
7.19
4.33
5.12
8.99
11.94
12.62
- -
- -
- -
3.6
Return on Capital (%)
- -
14.23
11.11
0.67
7.08
4.64
6.84
11.44
13.72
12.14
- -
- -
- -
5.38
Return on Common Equity (%)
- -
14.37
12.62
0.76
9.6
5.63
7.87
12.86
15.39
13.56
5.39
2.33
1.3
5.82

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11,138
10,983
10,833
LT Borrowings
6,515
6,623
6,617
LT Finance Leases
1,760
1,716
1,702
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
66,727
73,786
64,199

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
49,067
55,100
58,389
Cash, Cash Equivalents & STI
14,613
12,694
9,668
Accounts Receivable, Net
16,727
21,625
21,694
Inventories
15,781
18,242
22,373
Total Current Liabilities
35,428
39,121
37,930
Payables & Accruals
- -
- -
- -
ST Debt
11,138
10,983
10,833
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.7%
6.52%
0.71%
Free Cash Flow
373.92%
677.04%
-177.05%
Net Income, GAAP
133.94%
-23.96%
-43.69%
Sales/Revenue/Turnover
5.95%
5.03%
3.81%
Total Cash Common Dividend
- -
- -
-33.26%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35,045
37,593
32,687
30,630
135,955
2025
31,082
35,827
37,376
36,854
141,139
2026
38,632
40,697
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
61
83
303
359.78
751
2025
-240
-154
422.46
394.36
423
2026
415.6
670
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
299.77
2025
- -
- -
- -
- -
200.09
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ji-Haeng Heo
Full Time Employees
341
Sector
Process industries
Industry
Industrial specialties
Address
812, Ace Gwanggyo Tower Suwon-si South Korea 16226
IPO Date
Nov 3, 2017
Business
Tapex Co., Ltd. Tapex Co., Ltd. manufactures and sells adhesive tapes and related products primarily for electronic materials, packaging, and consumer applications from its headquarters in Suwon-si, South Korea, where the company was founded in 1977. The company operates through two main segments: the Electronic Material segment, which produces secondary battery tapes, backing tapes for touch screen panels (TSP), optically clear adhesive (OCA), heat radiation tapes, protective tapes, barrier films for QD TVs, and tapes for semiconductor processes including grinding and masking; and the Packaging Tape and Uni Wrap segment, which offers oriented polypropylene (OPP) tapes for packaging, low noise tapes, binding tapes, special tapes, food packaging wraps under the Uni Wrap brand, household plastic wraps, restaurant supply wraps, zipper bags, paper pipes, reusable cups, insulation tapes, folding boxes, hand carts, nitrile gloves, and medical gloves. Tapex distributes its products domestically in South Korea and exports to overseas markets including China and more than 10 other countries, serving industries such as secondary batteries, displays, semiconductors, food packaging, kitchenware, household goods, and medical supplies with an emphasis on high-quality, high-performance, and eco-friendly solutions produced in cleanroom facilities. In recent developments, Tapex maintains its majority ownership by Hansol Chemical Co., Ltd., which holds approximately 44.89% of shares, and continues to focus on innovation in sustainable products aligned with eco-friendly trends while reporting steady financial performance, including second quarter earnings for 2025 and an annual dividend of KRW 200 per share payable in April 2025. The company, formerly known as Seotong Chemical Co., Ltd., listed on the Korea Stock Exchange in 2017 and employs around 350 people, led by CEO Kim Sang-Goo.