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Changhae Ethanol

창해에탄올 · 004650 · KOSDAQ
Filings, last 12 months
25
Supply contracts
0
Insider reports
2
Share & bond issues
0

At a glance

Changhae Ethanol filed 25 disclosures in the last 12 months, including 3 5% holder and 2 insider. The most recent key filing was on Oct 2.

Revenue for 2025 was ₩122B, down 11% on 2024. Operating margin was 13% against 12.6% a year earlier. Debt was 34% of equity at year end. The latest interim report (2026 H1) shows revenue of ₩59.4B and operating profit of ₩8.7B.

The 2025 annual report lists 61 employees with an average tenure of 14.4 years and average pay of ₩96.1M, #185 of 1,829 listed companies by average pay. Its 5 directors and auditors were paid ₩184M each on average. It paid ₩600 per common share in cash dividends, against ₩600 a year earlier (+0%). 임성우 and related parties held 27.11% at year end.

From the 2025 annual report

Employees
61
Average pay
₩96.1M
Average tenure
14.4 yrs
Avg. director pay
₩184M

Staff: 61 (55 men, 6 women), of whom 7 on fixed-term contracts. Total pay for the year: ₩5.9B. Directors and auditors: 5, paid ₩922M in total.

Dividends (common shares)

Fiscal year202520242023
Cash dividend per share₩600₩600₩600
Payout ratio34.3%36.4%-118.5%
Yield (as filed)5.80%6.40%6.10%
Total cash dividends₩4.6B₩4.6B₩4.6B

Largest shareholder

임성우 holds 23.36%; with 4 related parties the group holds 27.11% of common shares at year end (from 27.10% at the start of the year).

Individuals paid ₩500M or more

임성우 사내이사₩881M

Auditor: 한울회계법인 · opinion: Unqualified.

Rankings: Dividend yield #88 of 1,084

Source: 2025 annual business report (DART). How figures are combined

Financial summary

2023
Revenue ₩116B
Op. profit ₩14.6B
Debt/equity 49%
2024
Revenue ₩137B
Op. profit ₩17.4B
Debt/equity 39%
2025
Revenue ₩122B
Op. profit ₩15.9B
Debt/equity 34%
2026 H1
Revenue ₩59.4B
Op. profit ₩8.7B
Debt/equity 33%
RevenueOperating profitOperating lossConsolidated where available · from periodic reports

Key filings

Other filings

Links open the original filing on DART, in Korean.