HLB Pep Co. Ltd.

HLB Pep Co. Ltd.

KKRX:196300
4,220.00
KRW
-60.00
(-1.40%)
-343.03EPS
43.21BMarket 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
1,677.96
1,366.02
1,157.03
1,055.15
923.98
821.25
1,251.68
1,698.46
1,962.37
1,545.45
985.68
1,040.71
579.22
596.21
Basic EPS, GAAP
64
-801
-800
-416
91
-1,430
-1,325
-491
-323
-1,107
-1,595
-1,135
-75
-343.03
Free Cash Flow per Basic Share
-317.24
-475.47
-857.85
-418.38
-1,925.75
-2,407.86
-734.54
-200.94
-90.51
-797.96
-709.13
-431.07
-1,284.86
-1,323.09
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
598.78
253.59
656.89
4,659.66
4,793.68
4,265.09
2,988.97
2,441.11
3,498.97
2,391.06
1,771.85
896.39
2,769.07
2,475.94
Tangible Book Value per Share
65.75
-119.32
137.84
4,084.58
4,023.62
4,018.91
2,746.11
2,151.77
3,187.04
2,085.23
1,464.7
620.31
2,632.22
2,335.18
Basic Weighted Avg Shares
2
3
3
4
5
5
5
5
5
6
6
6
9
9
Sales/Revenue/Turnover
4,007
3,677
3,722
4,177
4,552
4,114
6,277
8,516
10,267
8,662
5,611
6,229
4,962
5,543
Operating Margin (%)
10.29
-16.47
-31.79
-25.22
6.02
-125.2
-67.87
-12.29
-3.13
-49.93
-119.71
-87.33
-147.53
-140.45
Depreciation Expense
801
745
828
891
1,083
1,339
2,047
2,360
2,667
2,944
2,868
2,492
2,308
2,361
Net Income, GAAP
153
-2,156
-2,574
-1,647
448
-7,164
-6,645
-2,462
-1,690
-6,205
-9,079
-6,793
-642
-3,189
Effective Tax Rate (%)
- -
- -
- -
- -
4.1
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
3.81
-58.64
-69.14
-39.43
9.85
-174.12
-105.86
-28.91
-16.46
-71.63
-161.82
-109.06
-12.95
-57.54
Working Capital
-1,222
-1,007
1,297
17,954
10,857
11,334
6,843
-5,286
296
-3,144
484
-2,095
9,924
5,612
LT Debt
625
375
466
- -
- -
9,043
10,393
2,280
604
416
3,920
2,816
226
285
Total Equity
2,823
1,195
3,096
23,033
23,900
21,394
14,993
12,245
19,603
13,396
10,520
5,381
25,734
23,010
Return on Invested Capital (%)
- -
- -
- -
- -
1.12
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
1.91
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
6.51
-107.32
-119.94
-12.6
1.91
-31.63
-36.52
-18.08
-10.61
-37.61
-75.93
-85.44
-4.13
-13.38

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
16,675
16,698
17,442
LT Borrowings
131
- -
- -
LT Finance Leases
95
331
285
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
66,541
64,032
43,214

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
37,299
32,292
31,457
Cash, Cash Equivalents & STI
31,057
25,006
24,795
Accounts Receivable, Net
1,022
1,356
701
Inventories
3,733
3,891
4,463
Total Current Liabilities
27,375
26,789
25,845
Payables & Accruals
- -
- -
- -
ST Debt
16,675
16,698
17,442
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
92.52%
67.26%
378.21%
Free Cash Flow
139.02%
214.46%
326.58%
Net Income, GAAP
-176.51%
33.28%
-90.54%
Sales/Revenue/Turnover
6.02%
-7.92%
-20.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,505
1,211
1,114
1,399
6,229
2025
1,089
1,231
1,172
1,470
4,962
2026
1,643
1,259
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-204
-249
-246
-463.53
-1,135
2025
-244
41
-220.75
279.56
-75
2026
-322.86
-79
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Kyung-jae Shim
Full Time Employees
88
Sector
Health technology
Industry
Pharmaceuticals: major
Address
Gwangju South Korea
IPO Date
Dec 7, 2016
Business
HLB Pep Co., Ltd. is a South Korea-based biotechnology company and contract development and manufacturing organization (CDMO) that specializes in the research, development, synthesis, and commercial production of peptide active pharmaceutical ingredients, biomaterials, and therapeutic drug candidates. Founded in 2000 and headquartered in Gwangju, South Korea, the company operates specialized Good Manufacturing Practice (GMP) production facilities and research centers located in Gwangju, Jangseong, and Osong, supplying commercial pharmaceutical companies, research institutions, and cosmetic manufacturers across South Korea, North America, Europe, and the wider Asia-Pacific region. The company operates across multiple specialized segments encompassing pharmaceutical APIs, custom synthesis services, cosmeceutical ingredients, research reagents, and novel drug development. Its principal products and services include: GMP-grade peptide active pharmaceutical ingredients (APIs), featuring commercial-scale production of Leuprorelin (Leuprolide acetate), Ganirelix, Vasopressin, and Desmopressin; comprehensive custom peptide synthesis services, offering customized chain lengths, high-purity formulations exceeding 98% purity, and complex chemical modifications such as phosphorylation, acetylation, methylation, cyclization, and fluorescent labeling; cosmetic peptide materials and functional biomaterials, including Acetyl Hexapeptide and Palmitoyl Hexapeptide for anti-aging, wrinkle reduction, and dermatology applications; catalog research peptides and combinatorial peptide libraries utilized in preclinical academic, diagnostic, and industrial life science research; and end-to-end CDMO/CMO services comprising process development, method validation, quality control, and regulatory documentation. In addition, the company advances an internal proprietary biopharmaceutical pipeline that includes AGM-130 for triple-negative breast cancer, AGM-212 and AGM-217 for diabetes and metabolic diseases, AGM-260 for ulcerative colitis, AGM-290 for multidrug-resistant bacterial infections, and AGM-380 for antiviral indications. In recent corporate developments, the company underwent a major ownership change and structural reorganization following its acquisition by the HLB Group in early 2025 in a transaction valued at approximately KRW 60 billion. Formerly known as AnyGen Co., Ltd., the company officially rebranded to HLB Pep Co., Ltd. in April 2025 to integrate directly into the broader HLB Group healthcare and biopharmaceutical ecosystem. Following the acquisition, the company has executed a strategic expansion into high-growth peptide segments, specifically scaling up manufacturing capabilities for glucagon-like peptide-1 (GLP-1) obesity and diabetes treatments, advancing peptide-drug conjugate (PDC) oncology research, and accelerating international Drug Master File (DMF) registrations with regulatory authorities, including the United States Food and Drug Administration (FDA), to expand its global CDMO footprint.