ISU SPECIALTY CHEMICAL Co., Ltd.

ISU SPECIALTY CHEMICAL Co., Ltd.

KKRX:457190
72,100.00
KRW
-6,100.00
(-7.80%)
217.21EPS
326.26P/E
2.16TMarket Cap
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
852.27
11,309.19
13,902.42
14,235.95
Basic EPS, GAAP
-45
358
26
219.15
Free Cash Flow per Basic Share
41.33
-656.31
-1,505.42
-2,419.43
Dividend per Share
- -
- -
- -
- -
Book Value per Share
3,426.21
4,063.49
4,397.98
4,582.72
Tangible Book Value per Share
3,330.05
3,929.74
4,280.16
4,473.95
Basic Weighted Avg Shares
138
29
30
30
Sales/Revenue/Turnover
117,529
332,070
411,470
429,465
Operating Margin (%)
-5.21
4.28
0.39
2.65
Depreciation Expense
4,672
9,909
12,201
13,158
Net Income, GAAP
-6,206
10,512
770
6,611
Effective Tax Rate (%)
- -
- -
- -
- -
Profit Margin (%)
-5.28
3.17
0.19
1.54
Working Capital
-27,890
-23,112
-63,208
-71,569
LT Debt
3,556
11,883
23,203
54,865
Total Equity
94,989
121,655
132,856
138,485
Return on Invested Capital (%)
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
Return on Common Equity (%)
- -
9.7
0.6
5.09

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
158,792
183,918
174,323
LT Borrowings
20,000
10,000
50,000
LT Finance Leases
3,203
5,159
4,865
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
30
30
Market Capitalization
1,788,330
2,698,545
2,160,649

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
142,971
143,280
147,919
Cash, Cash Equivalents & STI
26,890
21,909
34,628
Accounts Receivable, Net
42,200
44,627
38,759
Inventories
65,045
63,301
68,665
Total Current Liabilities
206,179
243,808
219,487
Payables & Accruals
- -
- -
- -
ST Debt
158,792
183,918
174,323
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
9.21%
Free Cash Flow
- -
- -
131.21%
Net Income, GAAP
- -
- -
-92.68%
Sales/Revenue/Turnover
- -
- -
23.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
52,180
102,399
86,909
90,582
332,070
2025
98,898
99,708
103,986
108,878
411,470
2026
108,572
108,029
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.8
169
46
143.31
358
2025
126
-137
-60.46
96.51
26
2026
62.35
120
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Seung-Ho Ryu
Full Time Employees
277
Sector
Process industries
Industry
Chemicals: major diversified
Address
84, Sapyeong-daero Seoul SL South Korea 6575
IPO Date
May 31, 2023
Business
ISU Specialty Chemical Co., Ltd. (457190.KS) manufactures and sells fine chemicals and all-solid-state battery materials. Founded in 1969 and headquartered in Seoul, South Korea, the company produces core products including T-dodecyl mercaptan (TDM) for controlling molecular weight in ABS, SBR, and SB-latex polymers as well as extreme pressure additives in gear oil, grease, and metal processing oils; n-dodecyl mercaptan (NDM) and normal octyl mercaptan (NOM) for tire antioxidants and artificial marble production; high-purity isopropanol (IPA) used in paints, printing inks, and hand sanitizers; D-SOL de-aromatized naphthenic solvents such as MD-20, D-30, D-110, D-130, D-3035, and D-3135 for metalworking fluids, printing inks, battery recycling solvents, dry cleaning, low-odor paints, cutting oils, aluminum rolling oils, anti-rusting oils, underbody waxes, plasticizer diluents, insect aerosols, silicone sealants, drilling oils, explosive lubricating oils, candle oils, flocculants, EDM oils, and textile oils; and lithium sulfide (Li2S) as the core precursor for sulfide-based solid-state battery electrolytes and lithium-sulfur battery cathode materials. The company operates primarily in South Korea with a production plant in Ulsan and supports global markets through its service network, targeting industries such as automotive interiors, home appliances, nitrile gloves, petrochemicals, and advanced energy storage. Formerly a subsidiary of ISU Chemical Co., Ltd., it listed on the Korea Stock Exchange in May 2023; recent developments include advancing commercial-scale production of high-purity lithium sulfide via the PureLi2S technology in partnership with KBR, following successful pilot operations in 2025 to support all-solid-state batteries with improved energy density, safety, and efficiency; commencing construction of a 150 metric ton per year lithium sulfide facility in Gumi with an 85.2 billion won investment in 2025, expandable for mass production by 2027; and planning a 300 billion won investment from 2025 for lithium sulfide commercialization in response to growing demand.