Youlchon Chemical율촌화학

Youlchon Chemical's shares have fallen sharply over the past year, and recent profit is thin after a loss-making 2024 and 2023.

Youlchon Chemical, a KOSPI-listed maker of plastic films, packaging and electronic materials, reported trailing twelve-month revenue of ₩516B and a small operating profit of ₩7.3B through H1 2026. The shares closed at ₩12,890 on 2026-10-23, down 63.3% over one year and near the low end of their 52-week range. Borrowings of ₩296B are large relative to cash of ₩8.3B, and free cash flow over the trailing period was negative at about -₩26B.

What stands out

• Trailing operating margin is 1.4% and net margin is 1.0%, versus 1.8% operating margin for 2025 and losses in 2022 to 2024.
• Liabilities are 140.6% of equity, and borrowings of ₩296B sit well above cash of ₩8.3B.
• The 2025 annual figures show revenue of ₩485B, up 6.2%, with net income of ₩4.2B.
• Recent filings are mostly routine: several 5%+ holding reports, a half-year report for June 2026, and an IR event in July.
• Foreign ownership rose slightly to 5.6% from 5.2% over about 60 days, while retail investors were net sellers over the last 20 days.

What to watch

• Upcoming full-year 2026 results and whether margins hold above the trailing 1.4% level.
• Trend in borrowings and negative free cash flow, which the data shows as a current pressure point.
• Further 5%+ holding reports or changes in the largest shareholder's stake, as these appeared frequently in recent filings.