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Changhae Ethanol Co. Ltd

004650 · KQ · Consumer Defensive / Beverages - Wineries & Distilleries

9,300.00KRW-10.00 (-0.11%)

Price History

Full chart

Market Stats

Previous Close9,310.00
Open9,300.00
Day Range9,260.00 – 9,370.00
52-Week Range8,770.00 – 13,460.00
Volume11.46K
Market Cap70.71B
P/E (TTM)0.00
Forward P/E0.00
Dividend Yield6.47%
Beta0.27
50-Day Avg9,337.40
200-Day Avg9,674.00

About

Changhae Ethanol Co., Ltd. produces and sells spirits from sugar cane, tapioca, rice, and barley crops in South Korea. The company offers fermented ethyl alcohol and refined alcohol. It also provides DDGS, a raw material for manufacturing high quality feed; CO2, a carbon dioxide gas generated during fermentation process; and CDS, a raw material for liquid feed and fertilizer. In addition, the company provides raw material for bio-microbe control field and biochemical field. Further, it engages in the construction equipment rental business. Changhae Ethanol Co., Ltd. was founded in 1966 and is headquartered in Jeonju-si, South Korea.

Company Details

  • SectorConsumer Defensive
  • IndustryBeverages - Wineries & Distilleries
  • CEOMr. Sang-Guk Seo
  • Employees56
  • Headquarters15, Wonmanseong-ro, Jeonju-si, South Korea, 54854, Korea
  • Websitehttps://www.chethanol.com

Leadership

  • Mr. Sang-Guk SeoChief Executive Officer and President · b. 1954

Financials

Income Statement

Currency: KRW2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue235.21B227.50B212.58B216.94B195.36B187.28B114.66B96.99B109.43B116.42B137.45B122.34B
Growth (%)--3.28%-6.55%+2.05%-9.95%-4.13%-38.78%-15.41%+12.82%+6.39%+18.06%-10.99%
Cost of Revenue157.32B155.60B144.09B158.15B141.08B146.45B85.71B73.39B91.13B92.19B109.76B95.01B
Gross Profit65.61B71.90B68.50B58.78B54.28B40.83B28.95B23.60B18.30B24.23B27.69B27.34B
Gross Margin27.90%31.61%32.22%27.10%27.79%21.80%25.25%24.34%16.72%20.81%20.15%22.35%
Operating Expense43.93B49.10B68.47B50.87B54.80B21.16B9.11B10.26B13.08B22.05B10.54B11.44B
Operating Income21.68B22.80B26.97M7.91B-515.56M19.67B19.84B13.34B5.21B2.18B17.15B15.89B
Operating Margin9.22%10.02%0.01%3.65%-0.26%10.50%17.30%13.75%4.76%1.87%12.48%12.99%
EBITDA--------7.98B5.12B22.12B22.34B
EBITDA Margin--------7.29%4.40%16.10%18.26%
Net Income8.83B11.50B1.68B5.00B3.72B21.39B13.00B9.84B77.56M-3.84B12.52B13.27B
Net Income Margin3.76%5.06%0.79%2.30%1.90%11.42%11.34%10.15%0.07%-3.30%9.11%10.84%
R&D1.79B1.58B2.45B2.11B1.63B-780.42M531.38M526.46M405.81M372.51M393.53M
R&D as % of Total Revenue0.76%0.70%1.15%0.97%0.84%-0.68%0.55%0.48%0.35%0.27%0.32%
Interest Expense0000001.41B1.04B1.48B2.05B2.08B1.60B
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%1.23%1.07%1.35%1.76%1.51%1.31%

Balance Sheet

Currency: KRW2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets311.31B343.67B399.50B383.13B365.40B193.04B195.75B190.02B195.08B191.47B190.09B194.59B
Total Liabilities165.28B228.51B289.09B273.98B259.54B68.69B64.85B55.34B63.13B63.33B57.01B48.94B
Total Equity94.12B115.16B110.41B109.16B105.87B124.35B130.90B134.68B131.95B124.64B133.08B142.40B
Cash11.58B24.84B14.42B9.96B13.21B6.78B5.97B5.00B3.75B3.69B6.45B6.71B
Total Debt-47.28B148.28B115.69B141.72B52.45B47.89B-----
Net Debt------43.18B37.47B41.81B41.31B36.26B26.36B

Cash Flow

Currency: KRW2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow31.01B40.12B1.49B26.00B9.05B24.89B12.21B12.77B3.12B8.19B15.22B20.34B
Investing Cash Flow-25.29B-35.06B-98.66B-11.42B-5.22B-341.40M-2.16B-1.79B-1.66B-2.73B-4.11B-
Financing Cash Flow-2.48B8.09B84.62B-16.88B-601.46M-30.95B-10.80B-12.28B-2.26B-5.34B-8.46B-
Capital Expenditure14.82B34.83B100.09B22.14B7.43B7.26B2.07B2.24B1.63B2.85B4.87B5.77B
Free Cash Flow-----8.58B10.14B10.53B1.49B5.34B10.35B14.57B
Dividends Paid678.07M3.30B3.93B4.16B4.93B4.77B4.64B4.55B4.55B3.79B4.55B4.55B
FCF to OCF-----34.47%83.05%82.46%47.84%65.15%68.01%71.62%
Dividend Paid to FCF-----55.57%45.76%43.22%305.40%71.09%43.98%31.26%

Earnings

Report DateNov 14, 2014Feb 11, 2015May 13, 2015Aug 10, 2015Nov 11, 2015Feb 5, 2016May 13, 2016Aug 16, 2016Nov 14, 2016Feb 23, 2017May 15, 2017Aug 15, 2017Nov 13, 2017Feb 22, 2018May 15, 2018Aug 14, 2018Nov 14, 2018Feb 27, 2019Nov 14, 2019Feb 24, 2020May 13, 2020Aug 11, 2020Nov 12, 2020Mar 3, 2021May 17, 2021Aug 17, 2021Nov 18, 2021May 17, 2022Aug 16, 2022Nov 14, 2022Mar 1, 2023May 15, 2023Aug 14, 2023Nov 15, 2023May 13, 2024Aug 14, 2024Nov 11, 2024Apr 7, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
EPS Estimate-------------------------------------------
EPS Actual552.00-227.98534.00556.00313.00-13.62360.00366.00178.46-691.56-235.22348.24449.0027.80371.00-299.00445.00-413.00411.451299.14548.00238.86529.08387.07502.70431.42123.63387.07-34.4179.43-421.88103.50-1133.61567.19366.85596.06566.50120.41526.79360.32394.93456.74450.12
Surprise-------------------------------------------
TimingPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market-----------------------

Key Statistics & Ratios

Market Cap70.71B
Enterprise Value88.57B
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.59
Price / Book0.49
Revenue (TTM)119.75B
Gross Profit (TTM)26.66B
EBITDA20.40B
Profit Margin10.53%
Operating Margin14.25%
Return on Equity8.70%
Return on Assets4.96%
Shares Outstanding7.59M
Shares Float5.10M
Beta0.27
Dividend Yield6.47%
Dividend Rate600.00
Payout Ratio36.10%

Dividends

20251×
600.00Dec 29, 2025
20241×
600.00Dec 27, 2024
20231×
600.00Dec 27, 2023
20221×
500.00Dec 28, 2022
20211×
600.00Dec 29, 2021
20201×
600.00Dec 29, 2020
20191×
600.00Dec 27, 2019
20181×
600.00Dec 27, 2018
20171×
600.00Dec 27, 2017
20161×
500.00Dec 28, 2016
20151×
500.00Dec 29, 2015
20141×
500.00Dec 29, 2014