Hanchem Co., Ltd.

Hanchem Co., Ltd.

KKRX:457370
8,160.00
KRW
-400.00
(-4.67%)
486.62EPS
19.83P/E
75.50BMarket Cap
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3,514.58
4,363.91
5,446.97
4,309.93
3,568.08
Basic EPS, GAAP
520
674
856
734
486.62
Free Cash Flow per Basic Share
-224.11
33.77
801.36
-470.43
-335.03
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
1,813.56
2,579.31
6,867.49
7,580.78
7,533.41
Tangible Book Value per Share
1,805.1
2,571.3
6,866.79
7,510.5
7,463.39
Basic Weighted Avg Shares
6
6
7
8
8
Sales/Revenue/Turnover
21,513
26,941
36,697
33,896
27,958
Operating Margin (%)
17.1
18.64
17.81
14.31
8.58
Depreciation Expense
1,168
1,312
1,402
1,448
1,515
Net Income, GAAP
3,183
4,161
5,767
5,773
3,813
Effective Tax Rate (%)
14.05
13.82
16.31
- -
- -
Profit Margin (%)
14.8
15.44
15.72
17.03
13.64
Working Capital
7,814
13,800
44,830
37,988
33,607
LT Debt
4,700
4,000
2,000
2,000
25
Total Equity
14,558
20,704
55,126
59,311
58,941
Return on Invested Capital (%)
- -
17.25
12.26
- -
- -
Return on Capital (%)
- -
17.97
13.68
- -
- -
Return on Common Equity (%)
- -
23.6
15.21
10.09
6.62

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,500
1,008
1,007
LT Borrowings
2,000
2,000
- -
LT Finance Leases
- -
30
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
8
8
Market Capitalization
59,227
62,591
75,501

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
42,370
40,039
36,281
Cash, Cash Equivalents & STI
28,328
25,888
21,907
Accounts Receivable, Net
2,652
2,909
3,173
Inventories
10,188
10,221
9,896
Total Current Liabilities
4,381
4,089
2,674
Payables & Accruals
- -
- -
- -
ST Debt
1,500
1,008
1,007
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
7.59%
Free Cash Flow
- -
- -
-168.53%
Net Income, GAAP
- -
- -
0.1%
Sales/Revenue/Turnover
- -
- -
-7.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,934
9,154
9,972
8,637
36,697
2025
7,940
10,960
8,164
6,832
33,896
2026
6,304
6,658
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
202
212
373
93.13
856
2025
158
221
175.46
179.86
734
2026
78.71
53
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Sang-jo Lee
Full Time Employees
81
Sector
Process industries
Industry
Chemicals: specialty
Address
Daejeon South Korea
IPO Date
Oct 22, 2024
Business
Hanchem Co., Ltd. is a South Korea-based contract development and manufacturing organization and fine chemical synthesis company specializing in advanced organic materials for the electronics, display, energy, and healthcare sectors. The company develops, customizes, and manufactures specialty chemical compounds across four core business segments: OLED Materials, Semiconductor Materials, Secondary Battery Materials, and Pharmaceutical Intermediates. Its primary product and service offerings comprise organic light-emitting diode materials and high-purity chemical intermediates, including hole injection and transport materials, electron transport layer compounds, emitting layer hosts, and dopant precursors for mobile and television display panels; electronic chemicals and photoresist intermediates utilized in advanced semiconductor fabrication processes; functional electrolyte additives and chemical precursors designed to enhance the stability and energy density of lithium-ion batteries; active pharmaceutical ingredient intermediates and biomedical fine chemicals; and comprehensive custom synthesis services spanning laboratory-scale chemical route scouting, process optimization, pilot-scale synthesis, and commercial mass production. Founded in 1999, Hanchem is headquartered in Daejeon, South Korea, where it operates specialized research and development centers and manufacturing plants serving clients across domestic and international markets. In recent developments, the company completed its initial public offering and listed its shares on the KOSDAQ market of the Korea Exchange under the ticker 457370 in October 2024. Capital raised from the listing has been allocated toward expanding its high-purity synthesis production lines, scaling manufacturing capacity for next-generation tandem OLED materials, and accelerating strategic expansion into advanced semiconductor precursors and secondary battery functional materials to diversify its revenue base and strengthen strategic partnerships with global material suppliers.