Enchem
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Enchem makes the liquid electrolyte that sits inside rechargeable batteries, it is the chemical medium that carries electrical charge between a battery's electrodes, directly affecting how long the battery lasts and how much power it delivers.
Battery makers and, through them, electric-vehicle manufacturers are its primary customers. Listed on KOSDAQ, Korea's tech-focused small-cap exchange, the company operates electrolyte production facilities not only in Korea but also in Europe, China, and the United States, making its manufacturing footprint global in scope.
Summary is AI-generated and may contain errors · figures from DART filings
To strengthen its supply chain, Enchem has taken equity stakes in and formed joint ventures with makers of key electrolyte raw materials, including solvents and lithium salts.
Enchem in five facts
What does Enchem do?
Enchem makes the liquid electrolyte that sits inside rechargeable batteries, it is the chemical medium that carries electrical charge between a battery's electrodes, directly affecting how long the battery lasts and how much power it delivers.
Where is Enchem listed and in which sector?
Enchem (Korean name: 엔켐) trades under KRX code 348370 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Materials sector, Chemicals.
How large is Enchem?
Its market capitalisation was US$328.8M on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Enchem's latest annual revenue and operating profit?
For fiscal year 2025, Enchem reported revenue of US$236.1M, an operating loss of US$59.2M and a net loss of US$53.3M, per its annual report on DART (data retrieved from DART on 2026-06-03). Revenue was down 14.5% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-06-03
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, 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.
- DisclosureOct 20
- [Amended] Material event report (convertible bonds)
Enchem updated the terms of convertible bonds to raise US$188M, about 55.7% of its market value.
Capital raise · Oct 20 - [Amended] Decision to acquire shares/equity in another company
Enchem updated the disclosed terms of an acquisition of THE GROWHUB LIMITED, now worth US$446M.
M&A · Oct 8 · 2 versions - [Amended] Merger decision (subsidiary)M&A · Oct 8 · 2 versions
- [Amended] Material event report (equity disposal)Oct 8
- [Amended] Decision to guarantee a third party's debtSep 29
- Report on securities held by executives/major shareholdersSep 23
- Report on large shareholdings (5% rule) (standard)Sep 23
- [Amended] Share-pledge agreement that may change the largest shareholder
Enchem's largest shareholder (Wyatt Group Co., Ltd.) pledged shares as loan collateral to a financial company, securing up to US$14.3M.
Ownership change · Sep 21 · 3 versions - Report on securities held by executives/major shareholdersSep 14
- Decision to guarantee a third party's debtSep 11
- Report on large shareholdings (5% rule) (abbreviated)Sep 9
- [Amended] DisclosureAug 31
- [Amended] Decision to guarantee a third party's debtAug 31
- Conversion price adjustmentAug 31
- Conversion price adjustmentAug 31
- Early redemption of convertible bonds (incl. overseas CBs)
Enchem Co., Ltd. acquired US$2.4M in face value of its Series 13 private-placement convertible bonds (conversion price US$34.84/share, maturing 2028-07-07) on 2026-07-31 for US$2.81M including interest, through agreement with bondholders, leaving US$5.5M outstanding; the bonds will be resold or retired per a future board decision.
Capital raise · Jul 31 - [Amended] Material event report (decision to sell own convertible bonds)
Enchem amended a December 30, 2025 report on the sale of US$678K face amount of its 11th-series convertible bonds to Golden Value No. 5 New Technology Partnership for US$678K, changing the payment method to cash plus Wizdom Co., Ltd. shares and disclosing that Enchem reacquired US$543K of the bond on June 19, 2026.
Capital raise · Jul 24 - [Amended] Material event report (decision to sell own convertible bonds)
Enchem amended a December 26, 2025 report on the sale of US$3.97M face amount of its 13th-series convertible bonds to Golden Value No. 5 New Technology Partnership for US$3.97M, changing the balance payment of US$3.7M to cash plus Wizdom Co., Ltd. shares and disclosing a July 8, 2026 reacquisition of US$1.36M of the bond.
Capital raise · Jul 24 - [Amended] Material event report (decision to sell own convertible bonds)
Enchem amended a December 30, 2025 report on the sale of US$678K face amount of its 13th-series convertible bonds to Golden Value No. 5 New Technology Partnership for US$678K, changing the payment method to cash plus Wizdom Co., Ltd. shares and disclosing a July 8, 2026 reacquisition of US$1.36M of the bond.
Capital raise · Jul 24 - Early redemption of convertible bonds (incl. overseas CBs)
Enchem Co., Ltd. acquired US$1.33M face amount of its 13th-series convertible bonds (conversion price US$32.93 per share, maturing 2028-07-07) for US$1.54M including interest on July 8, 2026 via over-the-counter purchase using own funds, leaving US$5.2M outstanding, to be resold or retired pending board decision.
Capital raise · Jul 8 - [Amended] Decision to acquire shares/equity in another company
Enchem updated the disclosed terms of an acquisition of Shidai Sikang New Materials Co.,Ltd, now worth US$38.7M.
M&A · Jun 30 - Early redemption of convertible bonds (incl. overseas CBs)Capital raise · Jun 19
- [Amended] Decision to acquire shares/equity in another company
Enchem updated the disclosed terms of an acquisition of Shidai Sikang New Materials Co.,Ltd, now worth US$40.7M.
M&A · Apr 30 - [Amended] Material event report (decision to sell own convertible bonds)Capital raise · Apr 30
- [Amended] Material event report (decision to sell own convertible bonds)Capital raise · Apr 30
- [Amended] Material event report (decision to sell own convertible bonds)Capital raise · Apr 30
- [Amended] Decision to acquire shares/equity in another company
Enchem updated the disclosed terms of an acquisition of Duocom Co., Ltd., now worth US$22M.
M&A · Apr 24 - [Amended] Decision to acquire shares/equity in another company
Enchem updated the disclosed terms of an acquisition of Duocom Co., Ltd., now worth US$21.7M.
M&A · Mar 25 - Change of largest shareholderOwnership change · Mar 25
- Share-pledge agreement tied to the largest shareholder terminated/cancelled
A previously disclosed share pledge on Enchem's largest shareholder (an individual) was released or cancelled, freeing collateral of US$75.4M.
Ownership change · Mar 25 - [Amended] Share-pledge agreement that may change the largest shareholder
Enchem's largest shareholder (an individual) pledged shares as loan collateral to a financial company, securing up to US$101M.
Ownership change · Mar 23 - [Amended] Share-pledge agreement that may change the largest shareholder
Enchem's largest shareholder (an individual) pledged shares as loan collateral to a financial company, securing up to US$111M.
Ownership change · Mar 20 - [Amended] Share-pledge agreement that may change the largest shareholder
Enchem's largest shareholder (an individual) pledged shares as loan collateral to a financial company, securing up to US$123M.
Ownership change · Mar 5 - [Amended] Decision to acquire shares/equity in another company
Enchem updated the disclosed terms of an acquisition of Shidai Sikang New Materials Co.,Ltd, now worth US$41.9M.
M&A · Feb 27 - [Amended] Share-pledge agreement that may change the largest shareholder
Enchem's largest shareholder (an individual) pledged shares as loan collateral to a financial company, securing up to US$126M.
Ownership change · Feb 26 - [Amended] Decision to acquire shares/equity in another company
Enchem updated the disclosed terms of an acquisition of Duocom Co., Ltd., now worth US$22.6M.
M&A · Feb 25 - [Amended] Share-pledge agreement that may change the largest shareholder
Enchem's largest shareholder (an individual) pledged shares as loan collateral to a financial company, securing up to US$127M.
Ownership change · Feb 24 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Enchem reported consolidated results for FY2025: revenue of US$211M (−16.5% year on year), an operating loss of US$47.3M and a net loss of US$8.1M.
Earnings · Feb 20 - [Amended] Share-pledge agreement that may change the largest shareholder
Enchem's largest shareholder (an individual) pledged shares as loan collateral to a financial company, securing up to US$127M.
Ownership change · Feb 10