Shinwha Intertek Co., Ltd.

Shinwha Intertek Co., Ltd.

KKRX:056700
1,400.00
KRW
+10.00
(+0.72%)
19.21EPS
95.75P/E
53.35BMarket 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
9,767.08
8,612.04
6,952.15
7,409.04
6,111.05
6,131.38
8,782.96
8,805.05
8,560.96
6,943.3
6,119.17
8,495.98
7,911.7
7,319.57
Basic EPS, GAAP
86
324
-147
134
-83
-177
327
115
39
-290
-559
29
116
19.21
Free Cash Flow per Basic Share
445.63
-27.13
368.04
321.69
-170.37
-558.89
856.79
182.62
104.87
-152.53
-185.06
-243.5
752.27
877.51
Dividend per Share
- -
- -
- -
- -
50.2
- -
- -
50.02
50.4
- -
- -
- -
- -
- -
Book Value per Share
3,170.55
3,489.69
3,233.31
3,365.22
3,199.83
3,002.25
3,329.33
3,397.1
3,461.3
3,183.99
3,153.88
3,250.15
3,365.99
3,289.03
Tangible Book Value per Share
2,963
3,207.42
3,047.67
3,215.61
3,070.52
2,840
3,223.08
3,272.71
3,320.25
3,034.37
3,051.18
3,201.37
3,329.87
3,254.74
Basic Weighted Avg Shares
24
24
27
29
29
29
29
29
29
29
29
29
29
29
Sales/Revenue/Turnover
234,282
207,685
190,189
215,490
176,569
177,577
254,429
255,336
246,413
201,246
177,453
247,444
229,136
212,349
Operating Margin (%)
4.35
1.85
2.77
3.32
1.27
-1.46
6.42
3.18
0.82
-1.38
-8.76
2.03
3.97
2.47
Depreciation Expense
10,144
9,420
10,676
11,122
11,159
11,005
11,724
11,514
11,081
11,890
13,052
11,553
8,930
8,788
Net Income, GAAP
2,063
7,813
-4,021
3,897
-2,398
-5,126
9,473
3,335
1,123
-8,405
-16,211
845
3,360
557
Effective Tax Rate (%)
6.64
6.04
- -
23.08
- -
- -
15.22
11.63
34.48
- -
- -
39.31
18.03
54.07
Profit Margin (%)
0.88
3.76
-2.11
1.81
-1.36
-2.89
3.72
1.31
0.46
-4.18
-9.14
0.34
1.47
0.26
Working Capital
-44,731
-52,145
-27,343
-23,100
-24,727
-32,179
-11,666
-6,487
3,451
-11,298
-10,536
-9,440
1,238
3,092
LT Debt
9,322
9,800
9,528
6,261
2,994
- -
207
611
8,357
66
11,046
364
319
277
Total Equity
76,099
84,383
93,802
97,629
92,831
87,099
96,588
98,554
100,416
92,371
91,497
94,290
97,651
95,418
Return on Invested Capital (%)
4.91
2.06
- -
3.44
- -
- -
9.02
5.11
0.95
- -
- -
2.33
4.96
1.67
Return on Capital (%)
4.95
7.52
- -
3.28
- -
- -
7.19
3.01
1.19
- -
- -
2.12
3.61
1.09
Return on Common Equity (%)
2.79
9.74
-4.51
4.07
-2.52
-5.7
10.31
3.42
1.13
-8.72
-17.63
0.91
3.5
0.58

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
49,982
45,872
36,273
LT Borrowings
- -
- -
- -
LT Finance Leases
238
319
277
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
29
29
Market Capitalization
57,152
49,957
53,351

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
80,703
71,684
63,704
Cash, Cash Equivalents & STI
8,645
12,878
10,240
Accounts Receivable, Net
27,335
24,487
20,318
Inventories
40,552
31,821
29,286
Total Current Liabilities
76,601
70,446
60,611
Payables & Accruals
- -
- -
- -
ST Debt
49,982
45,872
36,273
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.55%
-0.09%
3.56%
Free Cash Flow
-90.6%
-128.63%
-407.21%
Net Income, GAAP
-122.4%
-125.94%
297.76%
Sales/Revenue/Turnover
3.79%
-0.32%
-7.4%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
57,369
58,890
71,092
60,093
247,444
2025
66,094
54,623
55,329
53,090
229,136
2026
49,307
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4
-1
-30
56.27
29
2025
86
69.14
41.46
-81.17
116
2026
-10.22
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Cheol-Hong An
Full Time Employees
269
Sector
Process industries
Industry
Industrial specialties
Address
Cheonan South Korea
IPO Date
Dec 13, 2001
Business
Shinwha Intertek Co., Ltd. is a South Korea-based manufacturer specializing in high-performance optical films, functional adhesive tapes, and advanced electronic materials for the global display, automotive, and energy storage industries. Founded in 1988 and headquartered in Cheonan-si, South Chungcheong Province, South Korea, the company operates as a member of the Hyosung Group. The company's core product portfolio encompasses optical films for liquid crystal displays (LCD) and quantum dot light-emitting diode (QLED) backlight units, including quantum dot (QD) enhancement films, prism sheets, microlens sheets, light diffusion sheets, and reflector sheets; high-functional adhesive and protective tapes for mobile devices and organic light-emitting diode (OLED) displays, including OLED surface protection tapes, light-shielding tapes, waterproof bonding tapes, impact-cushioning tapes, thermally conductive interface tapes, and electromagnetic interference (EMI) shielding tapes; and automotive display materials, including specialized optical sheets and smart films for digital instrument clusters and head-up display systems. In recent strategic developments, Shinwha Intertek has accelerated its business diversification into the secondary battery sector by commercializing and supplying high-durability, flame-retardant battery cell insulation tapes for electric vehicles to prevent thermal runaway and enhance battery safety. In addition, the company expanded into the extended reality (XR) hardware market through a strategic partnership and equity co-investment with parent company Hyosung in XR platform developer Epiton to manufacture optical modules for smart glasses, while also developing next-generation OLED panel encapsulation materials and smart automotive window films. Shinwha Intertek serves major electronics, display panel, and automotive original equipment manufacturers worldwide through its domestic production and research facilities in South Korea as well as international operating subsidiaries including Dongguan Shinwha Intertek Corp. and Shinwha Intertek (Suzhou) Co., Ltd. in China, and Shinwha Intertek Slovakia S.R.O. in Europe.