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Korean specialty chemicals maker of lithium-battery electrolyte materials (LiPF6) and fluorochemicals for EV batteries.
Korean specialty chemicals maker of lithium-battery electrolyte materials (LiPF6) and fluorochemicals for EV batteries.
Sells LiPF6, the lithium salt that carries current in a battery's electrolyte, to electrolyte formulators, so earnings follow LiPF6 prices, which rose and fell sharply in the 2020s. Chinese producers dominate world supply, which gives a non-Chinese source strategic value for some Western and Korean customers.
Moat: narrow (process know-how). One of few LiPF6 producers outside China/Japan at commercial scale.
Headquarters: Gunpo, South Korea · Founded: 1971 · Employees: 351
Size Foosung (093370.KS) is a South Korea Materials company (Chemicals: Specialty) with a market value of $648M, the 293rd largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩8,210 on 6 Nov 2026.
Performance Over six months the shares fell 38.0%, against -24.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 27.0% over the last twelve months (peer median +12.5%); the operating margin is 7.6% (peer median 1.5%).
Valuation It trades at 21.9× forward earnings against a peer median of 16.9× (4th most expensive of 9).
Capital Return on invested capital runs 4.8 points below its cost of capital (9.1% WACC).
Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩570B | ₩472B | ₩438B | ₩523B | ₩611B |
| Revenue growth | — | +8% | -16% | -14% | — |
| Gross profit | ₩103B | ₩82.9B | ₩50.1B | ₩9.54B | ₩161B |
| EBITDA | ₩88.2B | ₩66.3B | ₩35.0B | ₩5.86B | ₩155B |
| Net income | ₩36.5B | ₩5.31B | -₩69.4B | -₩53.9B | ₩97.0B |
| Free cash flow | -₩11.5B | -₩636M | -₩4.84B | -₩111B | -₩22.8B |
| Capital expenditure | ₩35.3B | ₩40.3B | ₩80.5B | ₩106B | ₩117B |
| Total debt | ₩332B | ₩309B | ₩399B | ₩403B | ₩336B |
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 | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Foosung 093370.KS | $648M | -38% | +27% | 8% | 21.9× | n/a |
| Soulbrain 357780.KS | $1.38B | -47% | +21% | 16% | 10.6× | 3.1% |
| Central Glass 4044.T | $648M | 0% | +4% | 8% | 10.6× | -6.5% |
| Guangzhou Tinci Materials Technology 002709.SZ | $8.73B | -53% | +102% | 19% | 10.3× | 9.3% |
| Do-Fluoride New Materials 002407.SZ | $4.06B | -36% | +69% | 7% | 38.0× | 19.2% |
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 | 093370.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -46.2% | -10.1% | lowest of 21 |
| 6-month return | -38.0% | -24.5% | 7th lowest of 20 |
| Distance from 52-week high | -65.1% | -52.4% | 5th lowest of 21 |
| Revenue growth (TTM) | +27.0% | +12.5% | 6th highest of 21 |
| Operating margin | 7.6% | 1.5% | 6th highest of 21 |
| Forward P/E | 21.9× | 16.9× | 4th most expensive of 9 |
| ROIC minus cost of capital | -4.8 pp | -2.8 pp | 7th lowest of 20 |
| EV / EBITDA | 13.5× | 14.2× | 4th cheapest of 7 |
| Net debt / EBITDA | 2.8× | 1.0× | 3rd most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Foosung 093370.KS | South Korea | $648M | -38% | +27% | 8% | 21.9× | n/a | n/a |
| Hongbaoli 002165.SZ | China | $645M | -32% | +10% | -19% | n/a | n/a | n/a |
| Beijing Shougang LanzaTech Technology 2553.HK | Hong Kong | $653M | n/a | 0% | -45% | n/a | n/a | n/a |
| Jiangsu Baichuan High-Tech New Materials 002455.SZ | China | $656M | -42% | +9% | 1% | n/a | n/a | n/a |
| Hubei Hongyuan Pharmaceutical Technology 301246.SZ | China | $639M | -47% | +45% | 12% | n/a | n/a | n/a |
| Waga Energy WAGA.PA | France | $659M | -3% | +7% | -20% | n/a | n/a | n/a |
| Yueyang Xingchang Petro-Chemical 000819.SZ | China | $636M | -29% | +44% | 1% | n/a | n/a | n/a |
| LOTTE Fine Chem 004000.KS | South Korea | $634M | -51% | +18% | 7% | 4.5× | -8.2% | +6.8% |
| Miracll Chemicals 300848.SZ | China | $632M | -45% | +23% | 1% | 12.2× | n/a | n/a |
| Xilong Scientific 002584.SZ | China | $632M | -11% | +23% | 1% | n/a | n/a | n/a |
| Hangzhou Gaoxin Materials Technology 300478.SZ | China | $631M | +11% | -21% | -9% | n/a | 30.8% | -0.9% |
| Chori 8014.T | Japan | $629M | -6% | +3% | 4% | n/a | -13.4% | +6.7% |
| Allied Supreme 4770.TW | Taiwan | $629M | +12% | -15% | 19% | 14.2× | 3.4% | +12.4% |
| Lightwave Logic LWLG | United States | $673M | -73% | +165% | -9,688% | n/a | n/a | n/a |
| Longyan Zhuoyue New Energy 688196.SS | China | $622M | -38% | +2% | 1% | 35.0× | n/a | n/a |
| Anhui Estone Materials Technology 688733.SS | China | $676M | -25% | +44% | -5% | 51.9× | n/a | n/a |
| Argus (Shanghai) Textile Chemicals 603790.SS | China | $618M | -11% | +21% | 14% | n/a | 11.7% | +0.7% |
| Anshan Hifichem 300758.SZ | China | $615M | -22% | +11% | 9% | 45.2× | 15.5% | +8.2% |
| Societe Explosifs et Produits Chimiques EXPL.PA | France | $684M | +4% | +13% | 7% | 19.7× | 7.7% | +9.8% |
| Formosan Union Chemical 1709.TW | Taiwan | $607M | +128% | -3% | 14% | n/a | -1.6% | +1.2% |
| Jiangsu Lopal Tech 2465.HK | Hong Kong | $694M | -67% | +107% | 7% | 5.7× | n/a | n/a |