Changhae Ethanol
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Changhae Ethanol produces industrial-grade ethanol, a purified alcohol used across food, pharmaceutical, and industrial applications, as its core business, listed on KOSDAQ, Korea's small-cap and technology board.
Its products supply manufacturers and industrial buyers who require high-purity alcohol as an ingredient or processing material. Beyond ethanol, the company operates through four additional business units covering steam energy supply, construction engineering, tapioca trading, and animal-feed manufacturing, making ethanol the dominant but not sole revenue driver.
Summary is AI-generated and may contain errors · figures from DART filings
The company operates through named subsidiaries including Wuri Energy, Changhae ENG, Changhae Vietnam JSC, and PT Organic Feed Indonesia, giving it a multi-country, multi-segment corporate structure.
Changhae Ethanol in five facts
What does Changhae Ethanol do?
Changhae Ethanol produces industrial-grade ethanol, a purified alcohol used across food, pharmaceutical, and industrial applications, as its core business, listed on KOSDAQ, Korea's small-cap and technology board.
Where is Changhae Ethanol listed and in which sector?
Changhae Ethanol (Korean name: 창해에탄올) trades under KRX code 004650 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Consumer Staples sector, Food & Beverage.
How large is Changhae Ethanol?
Its market capitalisation was US$65.5M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Changhae Ethanol's latest annual revenue and operating profit?
For fiscal year 2025, Changhae Ethanol reported revenue of US$92.3M, operating profit of US$12M and net income of US$9.9M, per its annual report on DART (data retrieved from DART on 2026-09-06). Revenue was down 11.0% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-06
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- Report on large shareholdings (5% rule) (standard)Oct 2
- Report on large shareholdings (5% rule) (standard)Oct 2
- Report on securities held by executives/major shareholdersOct 2
- Report on securities held by executives/major shareholdersOct 2
- Change of largest shareholder
Changhae Ethanol disclosed a change of largest shareholder effective September 30, 2026, after Lim Seong-woo gifted 1,521,188 shares to Lim Woo-seok, who becomes the new largest shareholder (together with 4 related parties) while the combined group's total holding remains unchanged at 2,491,992 shares (27.11%).
Ownership change · Sep 30 - Cash/in-kind dividend decision
Changhae Ethanol declared a cash dividend of US$0.42 per share.
Dividend · Feb 25