Ecopro BM Co., Ltd.

Ecopro BM Co., Ltd.

KKRX:247540
92,800.00
KRW
-5,400.00
(-5.50%)
796.30EPS
318.60P/E
13.94TMarket Cap
Nov 05Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,632.78
4,553.58
9,127.92
7,613.61
10,008.61
16,739.72
65,482.58
69,308.21
27,919.38
25,542.49
23,227.33
Basic EPS, GAAP
112.25
238.14
571
426.12
549.33
1,136.19
2,839.8
-87.73
-973.87
397.24
440.88
Free Cash Flow per Basic Share
-969.51
-560.5
-763.05
-2,103.74
306.08
-3,811.26
-8,521.4
-7,392.23
-3,635.75
-2,254.97
-1,226.51
Dividend per Share
- -
- -
- -
- -
35.96
106.24
256.81
441.35
- -
605.37
- -
Book Value per Share
1,488.71
1,726.69
2,405.67
4,403.06
5,154.81
5,881.9
13,762.18
13,842.52
17,266.97
17,436.41
18,088.74
Tangible Book Value per Share
1,256.99
1,501.79
2,196.4
4,234.89
5,000.13
5,753.21
13,626.63
13,697.86
17,077.64
17,056.51
17,338.91
Basic Weighted Avg Shares
61
64
65
81
85
89
82
100
99
99
99
Sales/Revenue/Turnover
99,849
289,870
589,186
616,085
854,749
1,485,629
5,357,607
6,900,868
2,766,838
2,531,576
2,304,145
Operating Margin (%)
9.4
7.69
8.53
6.02
6.41
7.74
7.11
2.26
-1.23
5.66
5.69
Depreciation Expense
9,075
17,240
22,475
29,159
36,880
43,393
64,799
92,685
109,648
70,854
4,723
Net Income, GAAP
6,864
15,159
36,857
34,481
46,913
100,836
232,345
-8,735
-96,512
39,371
43,735
Effective Tax Rate (%)
- -
0.44
14.07
- -
2.02
14.54
15.47
29.62
- -
- -
2.81
Profit Margin (%)
6.87
5.23
6.26
5.6
5.49
6.79
4.34
-0.13
-3.49
1.56
1.9
Working Capital
-427
-10,577
5,481
107,631
115,818
126,261
726,403
312,185
80,787
-531,837
-439,900
LT Debt
44,468
50,195
91,347
133,657
127,370
195,448
315,315
595,472
1,028,006
909,719
1,174,018
Total Equity
99,351
115,233
160,545
370,207
467,318
596,145
1,488,215
1,599,392
1,977,020
2,016,008
2,096,499
Return on Invested Capital (%)
- -
9.62
14.05
- -
8.66
10.82
17.75
3.71
- -
- -
2.74
Return on Capital (%)
- -
8.58
13.83
- -
8.27
11.88
11.77
-0.79
- -
- -
1.55
Return on Common Equity (%)
- -
14.13
26.73
12.99
11.53
20.26
24.26
-0.64
-6.26
2.29
2.56

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,544,275
1,633,216
1,722,030
LT Borrowings
908,362
928,021
1,170,590
LT Finance Leases
1,357
1,064
3,428
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
99
99
99
Market Capitalization
14,327,132
18,801,874
13,939,995

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,390,244
1,486,900
1,681,751
Cash, Cash Equivalents & STI
534,443
356,771
482,188
Accounts Receivable, Net
151,492
334,165
299,089
Inventories
602,833
676,740
791,929
Total Current Liabilities
1,922,081
2,102,724
2,121,651
Payables & Accruals
- -
- -
- -
ST Debt
1,544,275
1,633,216
1,722,030
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
42.05%
1.97%
Free Cash Flow
- -
-274.27%
-37.97%
Net Income, GAAP
- -
201.14%
-140.79%
Sales/Revenue/Turnover
- -
58.97%
-8.5%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
970,459
809,517
521,936
464,925
2,766,838
2025
629,789
779,717
625,060
497,011
2,531,576
2026
605,361
576,712
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-178.41
-38.44
-581.56
-174.9
-973.87
2025
-140.95
61.11
231.53
190.77
397.24
2026
39.35
-20.6
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
605.37
2026
- -
- -
- -
- -
- -

Company Description

CEO
Moon-Ho Choi
Full Time Employees
1,192
Sector
Producer manufacturing
Industry
Electrical products
Address
100 2 Sandan-ro (Songdae-ri 329) Cheongju-si NC South Korea 28117
IPO Date
Mar 5, 2019
Business
Ecopro BM Co., Ltd. (247540.KQ) manufactures high-purity cathode active materials and precursors for lithium-ion batteries, serving the electric vehicle and energy storage markets; its core products include nickel-based NCM (nickel-cobalt-manganese) precursors and cathode materials such as NCM 811, NCM 622, and NCM 523, along with cobalt sulfate and other battery-grade chemicals. The company operates production facilities in South Korea, with expansions into Indonesia and partnerships for global supply chains targeting major battery makers like LG Energy Solution and Samsung SDI. Founded in 2013 and headquartered in Jincheon, South Korea, Ecopro BM focuses on the battery materials segment of the clean energy industry, supplying high-nickel materials optimized for long-range EV batteries and grid storage applications. In recent developments, Ecopro BM completed a major expansion of its cathode material plant in Indonesia in 2024, boosting annual capacity to over 40,000 tons to meet surging global demand; the company secured a strategic supply agreement with Posco Future M in early 2025 for joint precursor production, enhancing its upstream integration. It also announced a KRW 500 billion funding round in late 2024 backed by Korea Development Bank and private equity for next-gen high-nickel precursor R&D and U.S. market entry. Additionally, Ecopro BM launched its ECO-900 series of ultra-high nickel cathodes (Ni 90%) in mid-2025, targeting solid-state battery applications, while reorganizing its subsidiaries to streamline operations amid rising raw material costs.