Enchem FY 2025 Annual Report
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Filed: March 26, 2026· period ending December 31, 2025DART

Enchem annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 26, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).

Enchem FY 2025 Annual Report Analysis

Business Overview

  • Global electrolyte capacity 570,000 tons and NMP 20,000 tons in 2025, planned 252,000 tons NMP and slurry expansions by 2026
  • 2025 R&D expense KRW 13,807M, representing 39.86% of sales, up sharply from 9.21% in 2024

Management Discussion & Analysis

  • Revenue KRW 31.28B (-14.5% YoY), operating loss KRW 7.84B (vs. loss KRW 5.04B), net loss KRW 7.06B (vs. loss KRW 55.83B) in FY2025
  • Decline mainly due to reduced sales to major customer B, revenue down from KRW 16.91B to KRW 5.96B, reflecting portfolio diversification efforts

Risk Factors

  • USD exchange rate fluctuation risk on future transactions and net investment exposure, managed by minimizing expected inventory purchase cost volatility
  • Interest rate risk from variable-rate long-term borrowings measured by sensitivity analysis targeting net interest cost minimization

Enchem FY 2025 Key Financial Metrics
DART

Total Assets

KRW 1.11T

-4.5% YoY

Operating Cash Flow

KRW 800.2M

+101.6% YoY

CapEx

KRW 19.5B

-63.5% YoY

Source: KIFRS consolidated financial data from Enchem annual report on DART. All figures in KRW.

Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding