Unichem
유니켐 · 011330
Consumer Discretionary Auto Parts · KOSPI
Market cap US$29.1M (₩40.1B)
Overview
Unichem processes animal hides into finished leather fabric used in handbags and car seat upholstery.
It supplies this leather to luxury handbag brands and to Korean automakers for their vehicle interiors. Listed on KOSPI, Korea's main stock exchange, the company is shifting its product mix away from mid-range handbag leather toward higher-value automotive seat leather, which now represents a growing share of its business. Raw hides are largely imported, making profitability sensitive to global hide prices.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$78.5M
- FY2024US$49.4M
- FY2025US$77M
Operating profit
- FY2023US$3.4M
- FY2024−US$4.5M
- FY2025−US$415.5K
Net income
- FY2023−US$4.5M
- FY2024−US$7.4M
- FY2025−US$4.8M
Key ratios (FY2025)
Why it matters
Unichem supplies automotive leather directly to Hyundai, Kia, and Renault Samsung, making it a tier-one materials supplier to Korea's major car manufacturers.
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