1. South Korea Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
PI Advanced Materials Co., Ltd.

PI Advanced Materials Co., Ltd.

KKRX:178920
16,150.00
KRW
-440.00
(-2.65%)
1,391.34EPS
14.41P/E
588.79BMarket Cap
Nov 10Next 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
3,638.05
4,182.04
4,641.4
5,211.64
7,366.29
8,356.88
7,612.65
8,915.8
10,277.68
9,416.17
7,393.32
8,552.66
8,972.83
9,140.34
Basic EPS, GAAP
699
659.8
578.3
714.3
1,116
1,191
603
1,421
2,179
1,557
-61
758
1,035
1,391.34
Free Cash Flow per Basic Share
1,177.31
602.12
-238.44
213.92
1,957.76
-1,739.21
472.14
2,385.26
1,775.42
-3,241.01
263.9
1,408.31
2,498.21
2,420.86
Dividend per Share
599.76
739.78
- -
109.99
449.88
799.8
829.53
315.04
710.88
1,090.31
777.12
- -
350.1
- -
Book Value per Share
5,355.7
6,595.02
7,171.22
7,782.76
8,452.53
8,809.9
8,556.94
9,633.03
11,097.37
11,627.37
10,723.81
11,413.07
12,093.94
12,701.5
Tangible Book Value per Share
5,332.63
6,532.73
7,106.41
7,706.82
8,262.65
8,589.02
8,356.99
9,240.41
10,639.18
11,152.42
10,292.71
11,045.75
11,768.27
12,389.46
Basic Weighted Avg Shares
37
33
29
29
29
29
29
29
29
29
29
29
29
29
Sales/Revenue/Turnover
133,705
137,069
136,309
153,057
216,379
245,473
223,682
261,789
301,869
276,440
217,639
251,295
263,421
268,412
Operating Margin (%)
29.51
27.3
21.23
21.12
24.49
24.66
15.02
22.92
25.13
18.86
-1.81
13.46
16.34
20.59
Depreciation Expense
12,446
11,496
11,583
12,899
15,430
15,836
18,918
21,536
23,702
25,816
29,283
32,395
33,710
33,500
Net Income, GAAP
25,690
21,625
16,983
20,978
32,782
34,984
17,718
41,724
64,000
45,710
-1,796
22,272
30,385
40,858
Effective Tax Rate (%)
22.08
21.49
20.25
23.91
22.66
20.3
16.28
20.89
23.18
15.32
- -
23.25
23.22
23.97
Profit Margin (%)
19.21
15.78
12.46
13.71
15.15
14.25
7.92
15.94
21.2
16.54
-0.83
8.86
11.53
15.22
Working Capital
51,304
32,088
44,868
64,281
72,710
47,140
14,820
63,177
87,728
67,142
40,176
85,073
73,389
98,374
LT Debt
12,513
1,447
21,400
35,279
22,458
38,625
30,318
22,843
20,690
75,716
101,847
96,647
37,551
31,418
Total Equity
212,120
193,671
210,592
228,551
248,220
258,714
251,286
282,887
325,889
341,453
314,919
335,160
355,154
372,996
Return on Invested Capital (%)
- -
12.78
10.12
9.52
14.4
15.88
8.79
14.02
15.41
10.37
- -
5.47
7.42
9.49
Return on Capital (%)
- -
9.98
7.62
8.35
11.98
11.92
6.09
12.81
17.66
11.14
- -
5.51
7.64
9.38
Return on Common Equity (%)
- -
10.66
8.4
9.55
13.75
13.8
6.95
15.62
21.03
13.7
-0.55
6.85
8.8
11.41

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13,625
13,248
13,134
LT Borrowings
33,975
30,988
28,000
LT Finance Leases
3,576
3,523
3,418
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
29
29
Market Capitalization
458,702
643,122
588,795

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
122,591
138,678
155,751
Cash, Cash Equivalents & STI
50,682
54,259
64,631
Accounts Receivable, Net
36,145
44,066
50,554
Inventories
33,091
37,927
38,802
Total Current Liabilities
49,202
60,012
57,377
Payables & Accruals
- -
- -
- -
ST Debt
13,625
13,248
13,134
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.57%
4.92%
5.97%
Free Cash Flow
80.82%
18.74%
77.24%
Net Income, GAAP
-121.03%
-276.6%
36.43%
Sales/Revenue/Turnover
8.12%
1.18%
4.83%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
51,807
73,713
70,652
55,123
251,295
2025
64,096
72,469
68,418
58,439
263,421
2026
64,054
77,501
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
51
451
213
66.98
758
2025
197
399
286.95
149.89
1,035
2026
359.52
595
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
350.1
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Geum-Su Song
Full Time Employees
324
Sector
Process industries
Industry
Chemicals: specialty
Address
A. Grand Central B16F Jincheon-gun NC South Korea 04527
IPO Date
Dec 8, 2014
Website
pimaterials.com
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Business
PI Advanced Materials Co., Ltd. manufactures and sells polyimide-based materials for applications in information technology, electric vehicles, displays, semiconductors and advanced industries. The company produces polyimide (PI) films for flexible printed circuit boards (FPCBs), thermal protection graphite sheets, displays and semiconductor components; PI varnishes; and PI powders and molded products including power/mold items for electric vehicles, heaters, transformers, motors, gaskets, tapes and labels. PI Advanced Materials operates production facilities in Gumi and Jincheon, South Korea, with sales to domestic and overseas markets including the U.S. and Europe, and maintains headquarters in Seoul, South Korea. Founded in 2001 and listed on the KOSDAQ in 2014 before moving to KOSPI, the company holds the leading global position in PI film with more than 30% market share since 2014. In December 2023, French specialty materials company Arkema S.A. acquired a 54% majority stake from Glenwood Private Equity in a transaction valued at a 728 million euro enterprise value, establishing Arkema as the parent company and enabling full consolidation in its accounts while targeting synergies of 30 million euros in EBITDA over five years. Recent expansions include the Gumi PI film line no. 5 and Jincheon powder molding line commencing production, alongside the July 2025 launch of the high-performance polyimide brand Zenimid™. In 2020, the company rebranded from SKC Kolon PI Inc. and shifted control, further diversifying into varnish and powder from its PI film core.