Taekwang Industrial (003240) Stock Price, Fundamentals & Analysis

What 003240 does

Taekwang Industrial (003240) is a chemicals and materials company listed on the Korea Exchange. It operates in the petrochemical, synthetic fiber, textile, and advanced material segments, producing purified terephthalic acid, propylene, acrylonitrile, sodium cyanide, acetonitrile, ammonium sulphate, hydrogen peroxide, acrylic fibers, nylon filaments, spandex, polyester fabrics, and aramid fibers. The company was founded in 1950 and is headquartered in Seoul, South Korea. Within the Korean market, it is part of the KOSPI 200, and it operates alongside peers such as Miwon Commercial (002840), Asia Holdings (002030), Hanil Cement (300720), KCC (002380), Korea Petrochemical (006650), OCI (456040), and TKG Huchems (069260).

Key numbers explained

• Price (910,000 KRW): the most recent trading price of one share on the Korea Exchange.
• Market cap (765.88B KRW): the total market value of all outstanding shares, calculated by multiplying the share price by the number of shares outstanding.
• Dividend yield (0.19%): the annual dividend payment expressed as a percentage of the current share price, indicating the cash return to shareholders relative to the price paid.
• Beta (0.56): a measure of the stock's volatility compared to the overall market; a beta below 1 suggests the stock tends to move less than the market.
• 52-week range (708,000 – 1,634,000 KRW): the lowest and highest prices at which the stock traded over the past year, showing the recent price spread.
• Revenue growth (26.7% year over year): the percentage increase in the company's trailing 12-month revenue compared to the same period a year earlier.
• Debt-to-equity ratio (0.1): a leverage metric showing that the company's total debt is 0.1 times its shareholders' equity, indicating a conservative capital structure.
• Ex-dividend date (30 mar. 2026): the date on or after which a buyer of the stock is no longer entitled to the upcoming dividend payment.

What to watch

• Operating margin (-0.2%): a negative operating margin means the company's core operations are currently not profitable on an operating basis, which can reflect high costs or competitive pressures in the chemicals sector.
• Profit margin (6%): a modest profit margin indicates that only a small portion of revenue turns into net income, typical for capital-intensive chemical businesses.
• Return on equity (4%): this measures how effectively the company generates profit from shareholders' equity, with 4% suggesting a relatively low return compared to equity invested.
• Share of earnings paid out as dividends (1%): a low payout ratio means the company retains most of its earnings for reinvestment or other corporate purposes rather than distributing them to shareholders.
• Revenue, trailing 12 months (1.99T KRW): the total revenue over the last 12 months, which provides a sense of the company's overall scale.
• Price change over the last 52 weeks (5.9%): the total return from the price one year ago to the current level, which can be compared to broader market indices like the KOSPI 200.