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Korean materials maker producing copper foil for EV batteries, semiconductor packaging substrates and industrial films.
Korean materials maker producing copper foil for EV batteries, semiconductor packaging substrates and industrial films.
Part of the SK group, which owns it through SK Inc., it has reshaped itself from film and chemicals toward battery copper foil and chip substrates. Copper foil is sold to battery makers in volume contracts with prices linked to copper, and its glass-substrate subsidiary Absolics is building a plant in Georgia, US.
In one line: A small, battery-materials Corning..
Moat: narrow (process know-how, scale). Early scale in ultra-thin copper foil, but battery-materials pricing is commoditizing quickly.
Headquarters: Suwon, South Korea · Employees: 172
Size SKC (011790.KS) is a South Korea Materials company (Chemicals: Specialty) with a market value of $2.14B, the 131st largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩63,500 on 6 Nov 2026.
Performance Over six months the shares fell 46.2%, against -13.3% for the median peer and -24.5% for the South Korea market (cap-weighted) — 2nd lowest of 20 in its peer set.
Growth Revenue grew 23.9% over the last twelve months (peer median +7.8%); the operating margin is -9.1% (peer median 9.8%).
Valuation It trades at 1.3× enterprise value to sales against a peer median of 1.9× (9th cheapest of 21).
Capital Return on invested capital runs 14.1 points below its cost of capital (6.8% WACC).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩2.21T | ₩1.84T | ₩1.72T | ₩1.49T | ₩2.39T |
| Revenue growth | — | +7% | +15% | -37% | — |
| Gross profit | n/a | -₩57.1B | -₩61.2B | -₩21.2B | ₩352B |
| EBITDA | n/a | -₩122B | -₩113B | -₩85.5B | ₩417B |
| Net income | -₩819B | -₩945B | -₩623B | -₩276B | -₩68.4B |
| Free cash flow | n/a | -₩827B | -₩861B | -₩1.27T | -₩894B |
| Capital expenditure | n/a | ₩289B | ₩677B | ₩1.05T | ₩765B |
| Total debt | n/a | ₩3.74T | ₩3.58T | ₩3.44T | ₩3.31T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| SKC 011790.KS | $2.14B | -46% | +24% | -9% | 1.3× | n/a |
| Solus Advanced Materials 336370.KS | $343M | -52% | +1% | -14% | 2.6× | n/a |
| 3M MMM | $95.7B | +30% | +2% | 21% | 4.2× | 11.3% |
| Applied Materials AMAT | $264B | -24% | +8% | 31% | 8.5× | 25.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 011790.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -41.3% | -7.7% | lowest of 21 |
| 6-month return | -46.2% | -13.3% | 2nd lowest of 20 |
| Distance from 52-week high | -65.6% | -33.3% | 2nd lowest of 21 |
| Revenue growth (TTM) | +23.9% | +7.8% | 7th highest of 20 |
| Operating margin | -9.1% | 9.8% | 2nd lowest of 20 |
| EV / Sales | 1.3× | 1.9× | 9th cheapest of 21 |
| ROIC minus cost of capital | -14.1 pp | -2.3 pp | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| SKC 011790.KS | South Korea | $2.14B | -46% | +24% | -9% | 1.3× | n/a | n/a |
| Zhejiang Yonghe Refrigerant 605020.SS | China | $2.17B | +5% | +25% | 18% | 2.5× | n/a | n/a |
| Rogers ROG | United States | $2.17B | -13% | +7% | 10% | 2.3× | 10.3% | +0.2% |
| Shaanxi Beiyuan Chemical Industry 601568.SS | China | $2.11B | -9% | -8% | -4% | 1.2× | 11.8% | -1.8% |
| Epoxy Base Electronic Material 603002.SS | China | $2.19B | -7% | +73% | 7% | 3.4× | n/a | n/a |
| Deepak Nitrite DEEPAKNTR.NS | India | $2.22B | -17% | +25% | 14% | 2.3× | n/a | n/a |
| Tinergy Chemical 002145.SZ | China | $2.23B | -15% | +17% | 9% | 1.6× | n/a | n/a |
| Ningbo Ronbay New Energy Technology 688005.SS | China | $2.05B | -45% | +41% | 1% | 1.3× | n/a | n/a |
| Dongyue 0189.HK | Hong Kong | $2.04B | -28% | +8% | 19% | 0.9× | -12.4% | +6.6% |
| Sinochem International 600500.SS | China | $2.27B | -7% | -5% | -1% | 1.0× | 11.9% | -2.7% |
| Kaneka 4118.T | Japan | $2.30B | +23% | +4% | 5% | 0.7× | 4.9% | +7.0% |
| Ube 4208.T | Japan | $1.94B | +33% | +3% | 4% | 1.2× | n/a | n/a |
| Chemours CC | United States | $1.92B | -45% | -1% | 3% | 0.9× | 16.1% | +3.2% |
| Guangdong Huate Gas 688268.SS | China | $1.92B | -47% | +27% | 13% | 7.2× | 35.6% | +7.2% |
| Minerals Technologies MTX | United States | $1.91B | -22% | +5% | 13% | 1.2× | 0.5% | +5.4% |
| Lily 603823.SS | China | $1.91B | +85% | +2% | 10% | 5.5× | 27.9% | +1.4% |
| Shanghai Huayi 600623.SS | China | $2.41B | -24% | +5% | n/a | 0.8× | -11.1% | +10.3% |
| Standard Nuclear STDN | United States | $1.90B | n/a | n/a | -288% | 642.2× | n/a | n/a |
| Lianhe Chemical Technology 002250.SZ | China | $1.90B | -16% | +28% | 13% | 2.1× | -3.4% | +6.1% |
| Shandong Dongyue Silicone Material 300821.SZ | China | $2.43B | -11% | +13% | 13% | 3.2× | 20.7% | +8.6% |
| Garware Hi-Tech Films GRWRHITECH.NS | India | $1.88B | +40% | +15% | 21% | 7.1× | 38.8% | +16.6% |