113,000
-0.09%
Close of 9 Nov 2026, in KRW
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About Michang Oil Ind Co
Its shares trade on KRX under the ticker 003650.KS. It has been listed since 27 September 1989. In the fiscal year to 31 December 2025, it reported revenue of ₩405.49bn and net income of ₩68.87bn. At that date it held total assets of ₩533.96bn and shareholders' equity of ₩479.41bn.
MICHANG OIL INDUSTRY Co., Ltd. engages in the manufacture of lubricating oil and grease. The company is headquartered in Busan, Busan. CO., LTD. is a Korea-based company principally engaged in the manufacture of lubricant oil. The firm manufactures lubricant oil used for industrial machineries, ships and automobile; rubber-compounded oil used for tires, shoes and rubber products, and insulating oil used for electronic transformers. The firm also provides liquid paraffin used for food, cosmetics, medicines, textile and others, as well as hydro-carbon solvents and cleaners. The firm distributes its products within domestic market and to overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 27 Sept 1989
- Website
- michang.co.kr ↗
Leadership
Pay as last reported
- Mr. Jae Sun YooChief Executive Officer, Director, since 2005₩888.5m
- Mr. Jin Su LeeManaging Director
- Mr. Chang Ryul GongInternal Auditor
- Mr. Hwi Su JangAssistant Managing Director
- Mr. Jae Man ParkAssistant Managing Director
- Mr. Pyeong Gyu ParkAssistant Managing Director
- Mr. Yeong Hun ShinAssistant Managing Director
- Mr. Yasuharu YoshimoriOther Non-Executive Director
- Mr. Gyeong Su ChooNon-Executive Independent Director
- Mr. Yeon Geun JungNon-Executive Independent Director
- Mr. Seok Mo LeeNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Michang Oil Ind Co Ltd manufactures lubricating oil for industrial machinery and ships in Busan, South Korea.
- The company produces rubber-compounded oil for tires and shoes, supporting automotive and manufacturing sectors.
- Michang Oil distributes liquid paraffin for food, cosmetics, and medicines across domestic and international markets.
Weaknesses
- Michang Oil Ind Co Ltd relies on domestic market distribution without specified overseas market expansion strategies.
- The company's product range lacks diversification into renewable energy sectors despite being in the Energy sector.
- Michang Oil Ind Co Ltd has no mention of sustainable practices or eco-friendly product development in its business description.
Opportunities
- Growing demand for industrial lubricants in South Korea's manufacturing and automotive industries presents expansion potential.
- Increasing global demand for rubber-compounded oil in tire and shoe manufacturing offers international market opportunities.
- Expanding liquid paraffin applications in food and cosmetics sectors could drive new revenue streams for Michang Oil.
Threats
- Competition from established lubricant manufacturers in South Korea may impact market share growth.
- Fluctuations in global oil prices could affect production costs and profitability for Michang Oil.
- Regulatory changes in South Korea's energy sector might impose additional compliance costs on the company.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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