1. South Korea Stocks

  2. •

    Process industries

  3. •

    Chemicals: major diversified
KDCHEM Co., Ltd.

KDCHEM Co., Ltd.

KKRX:221980
9,170.00
KRW
-80.00
(-0.86%)
2,248.31EPS
4.32P/E
36.40BMarket Cap
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
54,804.58
22,263.05
11,819.37
12,664.02
12,560.26
12,483.16
12,393.31
14,148.49
16,258.75
15,476.71
16,499.35
16,796.45
16,952.89
Basic EPS, GAAP
6,801
3,061.49
2,037
1,650
1,708
1,917
1,834
2,094
2,136
1,391
1,424
936
2,248.31
Free Cash Flow per Basic Share
4,187.24
4,916.87
54.17
1,285.6
943.8
1,985.92
2,371.85
280.91
342.84
1,461.66
1,699.54
1,605
885.16
Dividend per Share
- -
- -
499.9
551.18
496.25
500.25
507.99
500.08
500.05
429.97
505.08
500.03
- -
Book Value per Share
7,930.04
14,442.13
15,849.87
17,013.2
18,485.89
19,830.34
21,542.93
23,124.37
25,215.39
26,053.19
26,942.49
27,390.68
28,376.54
Tangible Book Value per Share
7,889.95
14,403.26
15,816.97
16,985.2
18,460.73
19,805.19
21,523.86
23,113.57
25,208.05
26,043.35
26,934.88
27,382.4
28,369.54
Basic Weighted Avg Shares
1
2
4
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
43,295
45,924
47,699
50,988
49,983
48,784
47,531
54,057
62,125
59,146
62,416
62,897
63,481
Operating Margin (%)
14.3
15.49
16.88
14.1
14.54
13.16
13.12
12.66
9.17
10.57
11.97
11.08
10.64
Depreciation Expense
502
510
456
510
541
733
823
670
624
629
651
756
767
Net Income, GAAP
5,373
6,315
8,221
6,643
6,797
7,492
7,034
8,001
8,162
5,316
5,387
3,505
8,419
Effective Tax Rate (%)
17.57
19.93
16.56
19.32
19.38
19.02
18.97
19.13
0.98
5.67
35.87
- -
15.46
Profit Margin (%)
12.41
13.75
17.23
13.03
13.6
15.36
14.8
14.8
13.14
8.99
8.63
5.57
13.26
Working Capital
17,852
43,297
45,336
47,214
40,768
36,474
40,401
41,247
44,993
51,316
47,090
49,068
48,538
LT Debt
330
- -
- -
- -
- -
190
106
237
233
171
140
122
139
Total Equity
31,996
58,271
63,951
67,128
72,279
77,269
82,323
88,366
96,357
99,559
100,896
102,575
106,267
Return on Invested Capital (%)
- -
11.53
10.59
8.53
8.06
6.74
5.89
5.72
5.17
4.95
3.88
- -
4.58
Return on Capital (%)
- -
13
13.11
9.91
9.53
9.83
8.32
8.41
7.85
5.03
4.78
- -
7.17
Return on Common Equity (%)
- -
13.99
13.45
10.14
9.75
10.02
8.81
9.37
8.84
5.43
5.37
3.45
8.22

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
20,096
28,084
28,125
LT Borrowings
- -
- -
- -
LT Finance Leases
122
105
139
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
39,546
38,610
36,400

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
73,651
79,770
81,035
Cash, Cash Equivalents & STI
47,399
48,920
51,383
Accounts Receivable, Net
12,143
13,563
12,636
Inventories
13,473
16,028
16,007
Total Current Liabilities
24,583
35,007
32,497
Payables & Accruals
- -
- -
- -
ST Debt
20,096
28,084
28,125
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.85%
4.54%
1.66%
Free Cash Flow
253.5%
53.77%
-6.52%
Net Income, GAAP
-3.53%
-10.54%
-34.93%
Sales/Revenue/Turnover
3.4%
6.03%
0.77%
Total Cash Common Dividend
- -
- -
-2%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15,267
15,853
15,355
15,940
62,416
2025
15,040
16,871
15,839
15,147
62,897
2026
16,257
16,237
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
492
177
210
545.75
1,424
2025
420
-299
614.15
201.11
936
2026
249.28
1,184
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
505.08
2025
- -
- -
- -
- -
500.03
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
Full Time Employees
47
Sector
Process industries
Industry
Chemicals: major diversified
Address
Boeun-gun South Korea
IPO Date
Nov 19, 2015
Website
kdchem.co.kr
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Business
KDCHEM Co., Ltd. is a South Korea-based specialty chemical manufacturing company primarily engaged in the development, production, and distribution of polyurethane (PU) resins and advanced coating materials for synthetic leather and industrial applications. Founded in 1986 and headquartered in Gongju-si, Chungcheongnam-do, South Korea, the company supplies advanced polymer solutions to downstream manufacturers operating across the automotive, footwear, fashion apparel, electronics, and furniture upholstery sectors. The company offers a comprehensive range of chemical products and formulation systems, which include wet-process polyurethane resins for microporous, breathable artificial leather substrates; dry-process polyurethane resins for durable skin and intermediate layers; surface treatment agents and topcoat resins for gloss regulation, scratch resistance, and tactile enhancement; specialized polyurethane adhesive and primer resins for substrate lamination; high-solid and solvent-free polyurethane formulations; waterborne polyurethane dispersions (PUD) for low-VOC applications; and bio-based polyurethane resins synthesized from renewable feedstocks. The company's products are engineered for diverse commercial end-uses, encompassing automotive interior components such as seat coverings, steering wheel trims, instrument panels, and door panels; athletic and casual footwear uppers; synthetic leather apparel, luggage, and handbags; protective cases for electronic devices; and residential and commercial furniture upholstery. KDCHEM Co., Ltd. operates primary manufacturing and research facilities in South Korea and distributes its products domestically and internationally across key manufacturing markets in Asia, including China, Vietnam, and Indonesia, as well as export destinations in the Americas and Europe. In recent operational and strategic developments, KDCHEM Co., Ltd. has accelerated its transition toward sustainable chemistry by expanding the commercial production of eco-friendly waterborne polyurethane dispersions and solvent-free resin systems to comply with tightening global volatile organic compound (VOC) regulations and ESG procurement standards. The company has also deepened its exposure to the electric vehicle (EV) and high-end mobility sector by introducing high-performance, flame-retardant, and low-odor polyurethane resins specifically tailored for next-generation automotive interior surfaces. In addition, KDCHEM has modernized its synthesis production lines and expanded R&D investments to enhance specialized formulation capabilities and broaden its customer base among tier-one automotive suppliers and international brand manufacturers throughout Southeast Asia and global markets.