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M

MHEthanol Co 023150.KS · KRW

Consumer Staples · KRX · 🇰🇷 South Korea

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1,991

-0.05%

Close of 9 Nov 2026, in KRW

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in KRW, from our data supplier.

FY2025

Revenue

₩94.72bn

FY2016FY2025

Net income

−₩2.38bn

FY2016FY2025

Free cash flow

₩18.80bn

FY2016FY2025

Shareholders' equity

₩59.92bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue₩94.72bn₩100.42bn₩105.48bn₩110.72bn₩102.07bn₩94.65bn₩80.88bn₩72.80bn₩51.98bn₩48.90bn
Gross profit₩35.51bn₩37.62bn₩40.91bn₩43.26bn₩43.86bn₩34.82bn₩26.66bn₩19.27bn₩14.75bn₩14.93bn
Research and development————————₩91.0m₩85.0m
Operating income₩9.49bn₩10.67bn₩19.15bn₩21.92bn₩23.34bn₩15.78bn₩7.83bn₩1.23bn₩8.12bn₩11.87bn
Net income−₩2.38bn−₩3.11bn₩4.67bn₩11.91bn₩8.69bn₩3.80bn−₩7.55bn−₩595.8m₩6.75bn₩8.14bn
Diluted earnings per share-366.22-477.87717.551,829.281,335.00584.29-1,142.78-86.45940.201,128.78

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets₩261.17bn₩401.70bn₩445.23bn₩447.44bn₩451.46bn₩449.68bn₩451.47bn₩440.18bn₩500.18bn₩72.34bn
Cash and short-term investments———₩27.45bn₩29.61bn₩16.00bn₩11.15bn₩10.25bn₩64.70bn₩3.92bn
Total liabilities₩198.60bn₩324.60bn₩346.16bn₩352.04bn₩366.76bn₩369.25bn₩372.09bn₩348.59bn₩393.34bn₩8.76bn
Debt₩3.27bn₩12.42bn₩120.43bn₩229.99bn₩236.29bn₩239.51bn₩240.31bn₩219.21bn₩253.51bn₩5.48bn
Shareholders' equity₩59.92bn₩64.48bn₩69.80bn₩66.57bn₩62.83bn₩61.37bn₩57.44bn₩62.29bn₩65.89bn₩63.58bn
Shares outstanding7m7m7m7m7m7m7m7m7m7m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations₩23.09bn₩17.00bn₩19.20bn₩16.48bn₩26.37bn₩18.99bn₩11.37bn−₩11.27bn₩3.34bn₩12.25bn
Capital spending−₩4.29bn−₩5.99bn−₩4.09bn−₩5.07bn−₩6.78bn−₩4.64bn−₩2.69bn−₩6.33bn−₩4.46bn−₩1.74bn
Free cash flow₩18.80bn₩11.01bn₩15.12bn₩11.41bn₩19.59bn₩14.35bn₩8.68bn−₩17.60bn−₩1.12bn₩10.50bn
Dividends paid−₩1.60bn−₩1.63bn−₩1.63bn−₩2.28bn−₩2.28bn−₩2.28bn−₩2.35bn−₩2.42bn−₩2.16bn−₩1.82bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₩17.51bn₩20.96bn₩23.44bn₩22.51bn₩27.13bn₩21.64bn₩25.01bn₩25.37bn
Gross profit₩6.40bn₩7.14bn₩9.26bn₩7.65bn₩12.82bn₩5.79bn₩9.03bn₩8.79bn
Operating income₩3.21bn₩500.4m₩1.12bn−₩440.8m₩7.98bn₩828.5m₩713.3m−₩89.7m
Net income₩1.22bn₩1.87bn−₩6.38bn−₩1.06bn₩2.52bn₩2.53bn−₩5.33bn−₩986.2m
Diluted earnings per share187.45287.91-979.98-162.91387.81388.86-818.72-151.53
Cash from operations₩5.17bn−₩5.78bn₩11.10bn₩1.98bn₩6.90bn₩3.10bn₩4.53bn₩5.63bn
Capital spending−₩2.91bn−₩686.0m—−₩1.63bn−₩2.41bn−₩248.0m−₩1.82bn−₩1.32bn
Free cash flow₩2.27bn−₩6.46bn—₩351.0m₩4.50bn₩2.85bn₩2.71bn₩4.31bn
Total assets₩247.18bn₩250.54bn₩261.17bn₩385.18bn₩392.82bn₩395.86bn₩401.70bn₩430.87bn
Debt₩2.83bn₩3.05bn₩3.27bn₩11.76bn₩11.98bn₩12.20bn₩12.42bn₩11.98bn
Shareholders' equity₩60.99bn₩60.19bn₩59.92bn₩65.00bn₩66.06bn₩65.44bn₩64.48bn₩69.85bn

Financial ratios

Data as of 22 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012
Gross margin37.5%37.5%38.8%39.1%43.0%36.8%————————
Operating margin10.0%10.6%18.2%19.8%22.9%16.7%————————
Net margin-2.5%-3.1%4.4%10.8%8.5%4.0%————————
Return on equity-4.0%-4.8%6.7%17.9%13.8%6.2%————————
Return on assets-0.9%-0.8%1.0%2.7%1.9%0.8%————————
Free cash flow yield———80.2%123.5%88.0%51.6%-17.4%26.3%—————
Revenue growth-5.7%-4.8%-4.7%8.5%7.8%17.0%————————
Earnings growth-23.4%-166.6%-60.8%37.0%128.5%-150.4%————————
Current ratio0.27x0.21x0.33x0.28x0.18x0.26x————————
Debt to equity0.05x0.19x1.73x3.13x3.42x3.55x————————
Equity ratio22.9%16.1%15.7%14.9%13.9%13.6%————————
Interest coverage1.11x0.93x1.57x1.87x1.92x1.29x————————
R&D as a share of sales————————0.2%0.2%0.2%0.1%0.1%0.1%
Buybacks as a share of market value———0.0%0.0%1.5%4.1%4.0%0.5%—————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-5.1%0.0%6.5%
Operating income-24.4%-9.7%-1.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin37.5%38.2%38.8%35.7%
Operating margin10.3%14.9%16.5%15.4%
Net margin-2.8%2.7%3.9%4.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-6.7-5.84.82.13.87.2-2.7-34.13.43.5
Price to sales0.20.20.20.20.30.30.30.30.40.6

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 27 Dec 2024.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year125.00125.00125.00175.00175.00175.00175.00175.00
  • 10-for-1 split · 6 Dec 2005
  • 1.025-for-1 split · 3 Jan 1998

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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