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KCC's shares have fallen sharply over the past year, while its filings show a sizeable 2025 net profit that was not matched by operating income.

KCC is a Korean specialty chemicals group with building materials, paints and silicone businesses. Based on the data, its trailing results to H1 2026 show revenue of ₩6.59T and an operating margin of 6.2%, with the share price at ₩368,000, well below its 52-week high of ₩692,000. Its recent news flow is mostly corporate bond demand and community recycling activity.

What stands out

• Trailing revenue to H1 2026 is ₩6.59T, but operating income of ₩406B is well below 2024's ₩471B, and the 2025 net income of ₩1.54T looks large relative to operating income, so the data does not explain its source.
• Borrowings of ₩4.62T exceed cash of ₩1.18T, and liabilities are 91.7% of equity.
• Valuation metrics are very low, with P/E of 0.9 and P/B of 0.3, though the data does not say whether this reflects one-off items.
• Corporate bond offering drew about ₩1.38T to ₩1.4T in demand, roughly 7 times the planned ₩400B issuance, according to news reports.
• Foreign ownership rose to 21.1% from 20.4% over about 60 days, while institutions and retail were net sellers over the last 20 days.

What to watch

• The data does not include upcoming results dates; the next scheduled filing is not stated.
• Pending securities registration statement filed 2026-10-23 and the bond issuance it relates to.
• Related-party and affiliate transactions disclosed in September, and the value-up plan announced in August.