Songwon Industrial Co Ltd

Chart & Performance

D1W1MN

P/E

7.53

P/S

0.25

EPS

1,451.96

Div Yield, %

4.57%

Shrs. gr., 5y

—

Rev. gr., 5y

5.48%

Revenues

1.03t

-22.53%

Net income

34.85b

-73.59%

CFO

166.78b

+64.23%

Dividend

Dec 27, 2023250 KRW/sh

Earnings

Jan 24, 2025

Profile

Songwon Industrial Co., Ltd., together with its subsidiaries, develops, manufactures, and supplies specialty chemicals in South Korea and internationally. The company's products include polymer stabilizers, such as phenolic and phosphite antioxidants, thioester and aminic antioxidants, binary blends, tailor-made solutions, hindered amine light stabilizers, UV absorbers and hydroxybenzoates, high melter and low melter blends, nucleator and clarifier blends, and highly loaded UV blends, as well as blends comprising liquid components. It also provides a range of phenolic, aminic, phosphite, and thioester antioxidants for fuels and lubricants, primarily in liquid form, as well as fuel additives as stabilizers; tin intermediates; PVC stabilizers and plasticizers that include one pack systems for PVC stabilization, mixed metal stabilizers, metal soap stabilizers, organo-tin stabilizers, auxiliary stabilizers and lubricants, and plasticizers; and specialty polymers, which comprise polyester diols, thermosetting and/or thermoplastic polyurethanes, thermoplastic polyurethanes, and super absorbent polymers. In addition, the company offers specialty chemicals for fast-moving industries, including electronics, as well as coating additives and functional monomers for various applications. Songwon Industrial Co., Ltd. sells its products under the SONGCAT, SONGSTAR, SONGXTEND, SONGNOX, SONGSTAB, SONGSTOMER, SONGCIZER, HI-THANE, SONGCURE, SONGSORB, and HI-SWELL brands. The company offers its solutions for use in the adhesive, agriculture, automotive, building and construction, coating, durable and consumer good, electrical and electronic, fuel and lubricant, packaging, textile and fiber, and wire and cable industries. Songwon Industrial Co., Ltd. was incorporated in 1965 and is headquartered in Ulsan, South Korea.

URL

https://www.songwon.com

IPO date

Jun 25, 1977

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title KRW in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title KRW in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	1,029,975,000 -22.53%	1,329,509,000 33.19%
Cost of revenue	921,450,000	1,094,635,000
Unusual Expense (Income)
NOPBT	108,525,000	234,874,000
NOPBT Margin	10.54%	17.67%
Operating Taxes	14,647,000	49,168,000
Tax Rate	13.50%	20.93%
NOPAT	93,878,000	185,706,000
Net income	34,847,000 -73.59%	131,932,000 82.55%
Dividends	(12,000,000)	(4,800,000)
Dividend yield	3.06%	1.16%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	167,053,000	210,404,000
Long-term debt	39,781,000	97,207,000
Deferred revenue
Other long-term liabilities	18,062,000	12,197,000
Net debt	77,828,000	176,710,000
Cash flow
Cash from operating activities	166,780,000	101,555,000
CAPEX	(38,392,000)	(48,187,000)
Cash from investing activities	(43,796,000)	(53,591,000)
Cash from financing activities	(124,943,000)	(37,617,000)
FCF	328,939,000	(70,595,000)
Balance
Cash	107,438,000	109,588,000
Long term investments	21,568,000	21,313,000
Excess cash	77,507,250	64,425,550
Stockholders' equity	685,110,000	686,875,000
Invested Capital	834,536,750	872,757,450
ROIC	11.00%	22.52%
ROCE	11.43%	24.08%
EV
Common stock shares outstanding	24,000	24,000
Price	16,360.00 -4.88%	17,200.00 -19.81%
Market cap	392,640,000 -4.88%	412,800,000 -19.81%
EV	470,468,000	589,510,000
EBITDA	144,615,000	267,609,000
EV/EBITDA	3.25	2.20
Interest	9,521,000	8,773,000
Interest/NOPBT	8.77%	3.74%