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Employees: 350
Size Advanced Nano Products (121600.KS) is a South Korea Materials company (Chemicals: Specialty) with a market value of $565M, the 316th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩63,800 on 6 Nov 2026.
Performance Over six months the shares fell 22.9%, against -17.6% for the median peer and -24.5% for the South Korea market (cap-weighted) — 10th lowest of 21 in its peer set.
Growth Revenue grew 33.0% over the last twelve months (peer median +10.2%); the operating margin is 11.6% (peer median 6.6%).
Valuation It trades at 57.5× forward earnings against a peer median of 14.5× (most expensive of 11).
Price implies For today's price to make sense, revenue must grow about 28% a year for seven years (Req g). Recent delivered growth is +18%, so the hurdle is +10 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 2.7 points below its cost of capital (7.6% WACC).
Next results Next results expected around 12 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₩140B | ₩112B | ₩87.8B | ₩83.2B | ₩79.9B |
| Revenue growth | — | +27% | +6% | +4% | — |
| Gross profit | n/a | ₩33.7B | ₩29.5B | ₩31.6B | ₩33.0B |
| EBITDA | n/a | ₩16.7B | ₩11.2B | ₩16.3B | ₩20.6B |
| Net income | ₩15.7B | ₩1.63B | -₩1.85B | ₩16.8B | ₩19.2B |
| Free cash flow | n/a | ₩5.21B | -₩25.5B | -₩29.6B | ₩2.62B |
| Capital expenditure | n/a | ₩12.1B | ₩50.8B | ₩39.6B | ₩16.9B |
| Total debt | n/a | ₩164B | ₩153B | ₩145B | ₩8.62B |
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.
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 | 121600.KS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.9% | -12.7% | 2nd highest of 21 |
| 6-month return | -22.9% | -17.6% | 10th lowest of 21 |
| Distance from 52-week high | -33.0% | -44.3% | 6th highest of 21 |
| Revenue growth (TTM) | +33.0% | +10.2% | 4th highest of 21 |
| Operating margin | 11.6% | 6.6% | 4th highest of 21 |
| Forward P/E | 57.5× | 14.5× | most expensive of 11 |
| Growth the price implies (Req g, 7 yrs) | 28.1% | 16.3% | 4th most demanding of 9 |
| Growth delivered (Del g) | +18.2% | +6.0% | 3rd highest of 9 |
| Hurdle (Req g minus delivered) | +9.9 pp | +5.4 pp | 4th most demanding of 9 |
| ROIC minus cost of capital | -2.7 pp | -3.1 pp | 11th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Advanced Nano Products 121600.KS | South Korea | $565M | -23% | +33% | 12% | 57.5× | 28.1% | +18.2% |
| Koppers KOP | United States | $567M | -32% | -5% | 10% | 6.7× | -7.1% | +2.4% |
| IOL Chemicals & Pharmaceuticals IOLCP.NS | India | $569M | +87% | +19% | 9% | 21.6× | 29.8% | +3.5% |
| Kanto Denka Kogyo 4047.T | Japan | $570M | -6% | +13% | 12% | 9.8× | n/a | n/a |
| Guangdong Yussen Energy Technology 002986.SZ | China | $571M | -30% | +57% | 2% | 7.4× | -5.0% | +27.8% |
| Grand Pacific Petrochemical 1312.TW | Taiwan | $571M | +3% | +28% | -15% | 10.6× | n/a | n/a |
| Jinneng Science & Technology 603113.SS | China | $559M | -34% | +6% | -4% | n/a | n/a | n/a |
| TSRC 2103.TW | Taiwan | $576M | +17% | 0% | 7% | n/a | n/a | n/a |
| Dainichiseika Color & Chemicals Mfg.Co 4116.T | Japan | $576M | +18% | +2% | 7% | n/a | 3.4% | -2.1% |
| MEC 4971.T | Japan | $578M | -47% | +29% | 31% | 14.4× | 17.2% | +11.9% |
| Shandong Sunway Chemical 002469.SZ | China | $579M | -20% | -19% | 3% | 24.6× | n/a | n/a |
| Hebei Jianxin Chemical Industry 300107.SZ | China | $581M | -6% | +39% | 11% | n/a | n/a | n/a |
| Shandong Lubei Chemical 600727.SS | China | $545M | -15% | +6% | 7% | n/a | n/a | n/a |
| Skchem 285130.KS | South Korea | $588M | -27% | +27% | 0% | 33.8× | n/a | n/a |
| Shenzhen Jdd Tech New Material 301538.SZ | China | $591M | -33% | +10% | 18% | 14.6× | 15.3% | +25.6% |
| Shandong Fengyuan Chemical 002805.SZ | China | $591M | -38% | +281% | 1% | n/a | n/a | n/a |
| Puyang Huicheng Electronic Material 300481.SZ | China | $540M | -16% | +11% | 9% | 17.4× | n/a | n/a |
| Everlight Chemical Industrial 1711.TW | Taiwan | $593M | -45% | -2% | -1% | n/a | n/a | n/a |
| Jiangsu Jiangnan High Polymer Fiber 600527.SS | China | $538M | -30% | +2% | 1% | n/a | 40.2% | -14.6% |
| Guangzhou Lushan New Materials 603051.SS | China | $595M | +5% | -5% | 0% | n/a | 32.5% | +8.5% |
| Cytech 301557.SZ | China | $595M | -3% | +13% | 7% | n/a | n/a | n/a |