1. South Korea Stocks

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    Process industries

  3. •

    Chemicals: specialty
Miwon Chemicals Co., Ltd

Miwon Chemicals Co., Ltd

KKRX:134380
11,250.00
KRW
+40.00
(+0.36%)
2,100.33EPS
4.75P/E
193.68BMarket 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
6,223.51
6,506.23
6,214.8
6,119.73
6,969.57
7,303.91
7,696.91
7,915.73
9,692.4
11,510.6
11,477.18
12,787.19
14,205.88
17,485.65
Basic EPS, GAAP
452.6
382.6
501.7
600.8
626.5
367.5
671.9
680.6
557.1
795.9
1,076.3
1,344.6
1,234.6
2,101.14
Free Cash Flow per Basic Share
398.41
137.78
276.9
297.72
-97.74
8.65
-203.25
234.95
193.33
560.61
1,070.09
1,342.92
598.12
1,053.79
Dividend per Share
- -
39.98
- -
128.13
102.33
97.01
97.22
192.87
240.28
241.42
292.64
384.92
389.87
439.55
Book Value per Share
2,633.09
2,971.46
3,534.09
3,983.84
4,155.69
4,469.93
5,057.76
5,541.85
5,871.77
6,481.54
7,215.27
8,080.91
8,812.14
10,099.47
Tangible Book Value per Share
2,608.76
2,946.63
3,511.95
3,966.45
4,119.72
4,445.03
5,032.97
5,516.12
5,839.62
6,451.15
7,182.98
8,048.72
8,783.06
10,067.29
Basic Weighted Avg Shares
23
23
23
23
22
20
20
20
20
20
20
20
20
20
Sales/Revenue/Turnover
144,247
151,807
145,730
139,901
151,063
146,485
154,724
160,234
197,470
235,166
232,616
256,110
284,512
342,001
Operating Margin (%)
9.09
7.09
9.38
11.46
8.98
5.9
10.01
10.08
6.47
8.07
10.71
11.18
10.25
13.82
Depreciation Expense
3,805
3,934
4,096
4,843
4,785
5,543
6,348
10,106
11,670
11,532
13,422
13,091
13,681
13,128
Net Income, GAAP
10,490
8,927
11,764
13,735
13,579
7,370
13,507
13,777
11,350
16,261
21,814
26,931
24,726
41,096
Effective Tax Rate (%)
20.16
21.44
20.35
22
20.69
22.78
17.7
13.51
22.06
22.34
19.16
21.1
20.19
21.92
Profit Margin (%)
7.27
5.88
8.07
9.82
8.99
5.03
8.73
8.6
5.75
6.91
9.38
10.52
8.69
12.02
Working Capital
26,696
31,556
39,393
41,194
30,396
33,871
28,452
34,617
48,674
56,046
68,566
90,256
108,814
132,770
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
61,411
69,753
82,816
88,360
83,329
89,841
102,130
112,905
119,955
132,709
144,489
162,371
173,552
195,804
Return on Invested Capital (%)
16.61
12.15
13.69
14.1
12.13
7.56
13.06
12.75
8.43
11.43
14.15
14.32
13.5
19.54
Return on Capital (%)
17.15
13.14
15.13
15.88
15.65
8.44
13.96
12.68
9.66
12.81
15.7
17.52
14.69
22.43
Return on Common Equity (%)
18.58
13.61
15.42
16.05
15.82
8.51
14.07
12.81
9.75
12.87
15.74
17.55
14.72
22.46

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
524
123
126
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
19
19
Market Capitalization
182,569
229,936
193,681

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
118,253
153,605
180,537
Cash, Cash Equivalents & STI
49,848
71,048
80,218
Accounts Receivable, Net
43,521
52,250
66,463
Inventories
21,508
26,802
30,182
Total Current Liabilities
9,439
41,930
47,767
Payables & Accruals
- -
- -
- -
ST Debt
524
123
126
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.81%
9%
6.89%
Free Cash Flow
-267.47%
46.3%
-55.46%
Net Income, GAAP
13.02%
15.01%
-8.18%
Sales/Revenue/Turnover
7.26%
12.49%
11.09%
Total Cash Common Dividend
- -
15.53%
1.28%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
62,511
64,925
64,394
64,280
256,110
2025
64,191
70,158
72,819
77,344
284,512
2026
86,412
105,425
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
373.1
412.4
279.8
279.37
1,344.6
2025
290.2
29.7
398.98
255.2
1,234.6
2026
438.22
1,014
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
193.29
- -
191.76
-0.05
384.92
2025
194
- -
196.16
- -
389.87
2026
241.43
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Eric G. Chong
Full Time Employees
235
Sector
Process industries
Industry
Chemicals: specialty
Address
325-1, Seoksu 2-dong Ulsan UL South Korea 430-806
IPO Date
Feb 15, 2011
Website
miwonchemicals.com
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Business
Miwon Chemicals Co., Ltd. (134380.KS) develops, manufactures and sells performance chemicals for the rubber, detergent, personal care, paint and functional materials industries worldwide; its core products include sulfurs, sulfuric acids, sulphonic acids, alkyl sulfates, rubber chemicals, paint additives, photo chemicals and functional chemicals. Founded in 1959 and headquartered in Anyang-si, South Korea, the company operates primarily from facilities in South Korea with global sales reaching international markets including North America, Europe and Asia. Miwon Chemicals maintains a workforce of approximately 127 employees and focuses on basic and fine chemicals derived from sulfur-based production processes. In recent developments, the company continues its legacy within the broader Miwon group structure, which encompasses affiliates like Miwon Specialty Chemical Co., Ltd. that announced a major U.S. facility expansion in July 2025 to boost warehouse capacity and operational enhancements for energy-curing technologies, with the upgraded site set to open in 2026; this aligns with group-wide strategies emphasizing supply chain resilience and market growth in high-value sectors such as UV-curable materials. Earlier strategic moves within the group included acquisitions of Dongnam Chemical and Taekwang Fine Chemical to support organic expansion in electronic and advanced fine chemicals, alongside Miwon Specialty Chemical's plan to acquire 1.5 billion won worth of its own shares; these initiatives reflect ongoing investments in R&D, customer partnerships with tier-one suppliers to conglomerates like Samsung and SK Hynix, and positioning for opportunities in U.S. manufacturing onshoring amid global trade dynamics.