1. South Korea Stocks

  2. •

    Non-energy minerals

  3. •

    Aluminum
PJ Metal Co., Ltd.

PJ Metal Co., Ltd.

KKRX:128660
2,755.00
KRW
-10.00
(-0.36%)
277.50EPS
13.94P/E
90.04BMarket 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
5,821.77
5,497.34
4,760.48
4,110.75
5,448.63
6,051.64
5,719.41
5,154.54
9,927.24
10,841.38
9,247.48
10,269.98
14,046.17
14,827.74
Basic EPS, GAAP
112
217
241
99
216
130
85
191
740
233
535
114
307
260.36
Free Cash Flow per Basic Share
101.98
125.95
-221.65
-372.01
-187.51
377.98
198.78
102.1
273.57
-219.05
-796.16
-182.57
-855.09
-424.75
Dividend per Share
76.38
74.83
89.4
90.89
90.09
100.03
99.8
99.77
120.03
149.92
135.01
150.14
149.76
- -
Book Value per Share
1,160.79
1,305.65
1,486.5
1,504.97
1,629.03
1,648.89
1,634.01
1,718.7
2,363.88
2,461.64
2,845.21
2,808.82
2,977.38
2,885.64
Tangible Book Value per Share
1,065.26
1,212.53
1,397.18
1,444.85
1,569.39
1,589.27
1,574.41
1,649.11
2,295.03
2,392.95
2,743.52
2,699.7
2,876.27
2,835.98
Basic Weighted Avg Shares
21
21
21
24
25
25
25
25
25
25
25
25
25
25
Sales/Revenue/Turnover
121,829
115,799
101,901
99,366
135,008
150,060
142,139
128,144
246,172
269,049
229,349
254,486
348,957
367,778
Operating Margin (%)
3.12
6.71
7.56
1.48
4.45
3.14
3.09
5.03
10.23
3.86
2.29
3.6
3.5
4.2
Depreciation Expense
1,240
1,320
1,357
2,039
2,280
2,441
2,479
2,480
2,043
2,162
2,645
2,599
3,263
3,298
Net Income, GAAP
2,344
4,571
5,159
2,393
5,352
3,224
2,112
4,748
18,350
5,782
13,269
2,825
7,627
6,458
Effective Tax Rate (%)
21.47
28.94
21.74
22.25
21.86
25.8
21.32
21.68
22.82
21.37
24.84
31.03
16.4
17.99
Profit Margin (%)
1.92
3.95
5.06
2.41
3.96
2.15
1.49
3.71
7.45
2.15
5.79
1.11
2.19
1.76
Working Capital
2,268
9,675
14,342
17,840
20,474
20,712
21,245
24,093
38,577
23,231
20,467
33,298
32,521
32,334
LT Debt
5,000
9,000
11,250
9,450
8,500
6,500
6,298
4,611
2,300
3,863
8,903
6,163
619
607
Total Equity
24,396
27,763
32,657
37,328
40,406
40,898
40,529
42,630
58,632
61,057
74,830
72,159
77,066
74,322
Return on Invested Capital (%)
6.24
11.39
11.5
1.87
6.79
5.2
5.62
8.21
27.36
8.72
3.33
5.09
7.52
9.08
Return on Capital (%)
6.74
10.99
10.94
4.71
8.75
5.8
4.33
8.13
26.96
7.53
13.55
5.27
6.7
5.64
Return on Common Equity (%)
9.77
17.53
17.08
6.84
13.77
7.93
5.19
11.42
36.24
9.66
20.16
4.03
10.63
9.18

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
67,654
73,621
70,903
LT Borrowings
875
- -
- -
LT Finance Leases
637
619
607
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
69,946
69,201
90,036

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
106,615
118,218
119,567
Cash, Cash Equivalents & STI
14,192
12,960
19,734
Accounts Receivable, Net
35,306
36,275
41,029
Inventories
51,121
63,727
53,783
Total Current Liabilities
76,416
85,697
87,233
Payables & Accruals
- -
- -
- -
ST Debt
67,654
73,621
70,903
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.55%
13.49%
6.8%
Free Cash Flow
18.64%
108.57%
369.56%
Net Income, GAAP
55.93%
87.74%
169.99%
Sales/Revenue/Turnover
16.41%
26.94%
37.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
51,797
65,933
67,005
69,750
254,486
2025
84,235
87,183
86,789
90,751
348,957
2026
103,055
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-36.63
146
45
-40.32
114
2025
124
61.18
10.7
109.27
307
2026
79.21
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
150.14
2025
- -
- -
- -
- -
149.76
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kyung-Sik Ha
Full Time Employees
79
Sector
Non-energy minerals
Industry
Aluminum
Address
Seoul South Korea
IPO Date
Dec 13, 2010
Website
pjmetal.co.kr
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Business
PJ Metal Co., Ltd. is a South Korea-based non-ferrous metal manufacturing company primarily engaged in the production and distribution of aluminum deoxidizers, aluminum billets, and recycled lead products. Founded in 2010 following a spin-off from Aldex Co., Ltd. and affiliated with the Poongjeon Nonferrous Metal Group, the company is headquartered in Seoul, South Korea, and operates manufacturing and processing facilities in Gwangyang and Suncheon, Jeollanam-do. PJ Metal organizes its operations across metallurgical additives, aluminum processing, and resource recycling. The company's product portfolio comprises aluminum deoxidizers produced in various physical configurations, including pellets, mini-pellets, granules, ingots, cones, and pyramids, designed for molten steel refining and secondary metallurgy to eliminate dissolved oxygen for major steelmakers such as POSCO; aluminum extrusion billets, manufactured primarily in 6000-series aluminum alloys via continuous casting and homogenization heat treatment for supply to extruders producing architectural window frames, curtain walls, consumer electronics casings, and structural automotive components; and recycled secondary lead, encompassing refined pure lead and antimony lead alloy ingots tailored for automotive and industrial lead-acid storage battery manufacturers. In recent strategic developments, PJ Metal diversified its operational footprint into the circular economy and battery recycling sectors through the establishment of its consolidated subsidiary, PJ E&S Co., Ltd., following the June 2023 acquisition of a secondary lead smelting and refining plant situated in the Yulchon Industrial Complex in Suncheon. Through PJ E&S, the company has ramped up commercial operations in secondary lead smelting and expanded scrap recycling capacity. In addition, the company has advanced corporate value enhancement initiatives outlining sustainable mid-term revenue and operating margin targets, alongside capital investments in energy-efficient melting systems and low-carbon non-ferrous recovery processes across its domestic production network.