1. South Korea Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
LTC Co., Ltd.

LTC Co., Ltd.

KKRX:170920
34,400.00
KRW
-400.00
(-1.15%)
2,945.69EPS
28.57P/E
313.17BMarket 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
18,565.2
12,598.66
11,432.76
10,648.6
8,964.56
13,262.6
12,579.47
13,102.24
10,244.25
28,471.69
13,800.35
29,873.02
32,302.93
34,292.75
Basic EPS, GAAP
3,222
1,452
1,140
-112
-193
114
104
-557
-1,248
275
-3,226
1,088
501
1,060.51
Free Cash Flow per Basic Share
2,658.61
-428.81
-1,358.46
-3,667.65
-311.17
1,105.09
-625.12
1,002.01
-1,158.3
2,680.77
-2,585.34
711.79
1,562.83
1,718.46
Dividend per Share
- -
148.98
150.44
149.47
149.68
150.44
100
101.17
95.85
- -
- -
- -
96.55
- -
Book Value per Share
11,064.52
11,906.07
12,628.41
12,080.87
11,693.86
11,898.83
11,931.06
11,394.99
10,226.72
10,648.91
9,535.1
11,702.31
12,513.66
13,230
Tangible Book Value per Share
10,573.45
11,424.04
10,143.87
9,722.19
9,239.45
8,544.53
8,411.18
8,200.83
8,288.99
7,417.45
7,060.66
9,777.36
11,084.14
11,739.35
Basic Weighted Avg Shares
5
7
7
7
7
7
7
7
8
8
8
9
10
10
Sales/Revenue/Turnover
98,820
83,087
76,419
71,008
65,741
96,773
92,053
94,776
78,285
219,427
113,359
276,973
310,385
333,352
Operating Margin (%)
19.74
12.5
10.53
-2.09
3.5
3.43
4.03
4.76
-10.72
4.91
-14.15
8.78
9.55
11.49
Depreciation Expense
2,698
2,863
4,561
4,875
6,046
6,640
7,520
8,510
9,436
10,784
11,156
10,545
10,237
9,914
Net Income, GAAP
17,150
9,576
7,620
-747
-1,415
832
761
-4,029
-9,537
2,119
-26,499
10,088
4,814
10,309
Effective Tax Rate (%)
10.31
18.65
19.78
- -
- -
31.38
9.63
- -
- -
34.42
- -
19.4
20
16.97
Profit Margin (%)
17.36
11.53
9.97
-1.05
-2.15
0.86
0.83
-4.25
-12.18
0.97
-23.38
3.64
1.55
3.09
Working Capital
47,876
47,615
16,516
22,816
16,150
16,192
17,543
17,276
14,022
39,111
-23,852
51,177
106,911
120,752
LT Debt
- -
- -
7,972
26,215
24,176
22,932
20,079
18,770
10,229
34,582
3,511
4,172
23,453
24,025
Total Equity
72,473
79,813
84,607
89,303
85,847
91,350
91,928
87,784
83,867
93,287
109,274
187,274
223,739
240,111
Return on Invested Capital (%)
33.57
10.68
6.55
- -
- -
1.62
2.23
- -
- -
4.14
- -
7.69
7.87
9.99
Return on Capital (%)
34.12
12.33
9.54
- -
- -
1.25
1.83
- -
- -
3.86
- -
5.55
-1.53
-1.22
Return on Common Equity (%)
35.49
12.58
9.31
-0.87
-1.63
0.96
0.87
-4.72
-11.78
2.64
-31.78
10.44
4.05
8.3

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
78,877
75,767
74,346
LT Borrowings
20,075
22,625
22,625
LT Finance Leases
1,020
828
1,400
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
193,608
198,342
313,171

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
219,997
241,183
258,791
Cash, Cash Equivalents & STI
90,279
101,025
119,474
Accounts Receivable, Net
9,836
37,070
29,949
Inventories
92,278
72,859
93,835
Total Current Liabilities
128,900
134,272
138,039
Payables & Accruals
- -
- -
- -
ST Debt
78,877
75,767
74,346
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.9%
22.95%
19.47%
Free Cash Flow
-155.17%
-152.37%
127.54%
Net Income, GAAP
-234.32%
-305.23%
-52.28%
Sales/Revenue/Turnover
30.17%
54.19%
12.06%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49,681
57,761
76,956
92,575
276,973
2025
75,871
61,345
67,933
105,237
310,385
2026
98,838
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13
28
235
811.31
1,088
2025
299
-132.09
36.72
300.64
501
2026
801.82
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
99.34
- -
1.57
-1.54
96.55
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ho-Sung Choi
Full Time Employees
129
Sector
Process industries
Industry
Chemicals: specialty
Address
Hwaseong South Korea
IPO Date
Oct 8, 2013
Website
l-tech.co.kr
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Business
LTC Co., Ltd. is a South Korea-based specialty chemical and advanced materials manufacturing company primarily engaged in the development, production, and commercialization of high-purity process chemicals, equipment, and renewable energy components for the semiconductor, flat panel display, and clean technology sectors. Founded in 2007 and headquartered in Hwaseong-si, Gyeonggi-do, South Korea, the company operates across three core business divisions: Process Chemicals, Semiconductor Equipment and Components, and Clean Energy Materials. The company's primary products and services include photoresist strippers for liquid crystal displays (LCD) and organic light-emitting diode (OLED) panel manufacturing; high-purity photoresist strippers, edge bead removers, and thinners for advanced semiconductor wafer fabrication; multi-metal etchants formulated for aluminum, copper, and molybdenum-titanium alloy layers; precision post-etch residue cleaners and surface conditioning agents; chemical mechanical planarization (CMP) auxiliary chemicals; single-wafer and batch wet cleaning systems and automated chemical distribution modules; and specialized solid oxide fuel cell (SOFC) components, including ceramic electrolyte materials, cell stacks, interconnectors, and hydrogen production catalysts. LTC Co., Ltd. operates manufacturing, research, and distribution facilities across South Korea and supplies multinational semiconductor device manufacturers, foundries, and display panel producers throughout East Asia and global technology supply chains. In recent strategic and operational developments, LTC Co., Ltd. has accelerated its expansion into advanced semiconductor packaging chemicals and clean energy technologies. The company has commercialized high-selectivity, amine-free, and environmentally sustainable photoresist strippers designed specifically for high-stack 3D NAND and cutting-edge DRAM manufacturing nodes. In the energy sector, LTC Co., Ltd. has expanded its strategic alliances and production capacity for high-temperature solid oxide fuel cell (SOFC) and solid oxide electrolysis cell (SOEC) materials, advancing national-level hydrogen energy commercialization initiatives. Furthermore, the company has reorganized subsidiary operations, including LTC Semi and its materials research units, to streamline synergies between wet-chemical formulation and precision cleaning equipment, while actively developing functional secondary battery additives and electronic thermal interface materials.