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Okong Corp
KOSDAQ:045060

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Okong Corp
KOSDAQ:045060
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Price: 2 350 KRW -0.21%
Market Cap: ₩39.8B

Gross Margin

16.7%
Current
Declining
by 0.9%
vs 3-y average of 17.6%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
16.7%
=
Gross Profit
₩27.1B
/
Revenue
₩161.9B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
16.7%
=
Gross Profit
₩27.1B
/
Revenue
₩161.9B

Peer Comparison

Country Company Market Cap Gross
Margin
KR
Okong Corp
KOSDAQ:045060
39.8B KRW
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US
Sherwin-Williams Co
NYSE:SHW
88.7B USD
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US
Ecolab Inc
NYSE:ECL
85.2B USD
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JP
Shin-Etsu Chemical Co Ltd
TSE:4063
10.8T JPY
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CN
Wanhua Chemical Group Co Ltd
SSE:600309
266B CNY
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CH
Givaudan SA
SIX:GIVN
27.6B CHF
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US
PPG Industries Inc
NYSE:PPG
27.8B USD
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DK
Novozymes A/S
CSE:NZYM B
165.6B DKK
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IN
Asian Paints Ltd
NSE:ASIANPAINT
2.3T INR
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CH
Sika AG
F:SIKA
19.9B EUR
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US
International Flavors & Fragrances Inc
NYSE:IFF
20.9B USD
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Market Distribution

In line with most companies in Korea
Percentile
42nd
Based on 2 511 companies
42nd percentile
16.7%
Low
-646.5% — 12.8%
Typical Range
12.8% — 32.2%
High
32.2% — 54 001.3%
Distribution Statistics
Korea
Min -646.5%
30th Percentile 12.8%
Median 19.7%
70th Percentile 32.2%
Max 54 001.3%

Okong Corp
Glance View

Market Cap
39.8B KRW
Industry
Chemicals

OKONG Corp. engages in the manufacture and sale of adhesives and other chemical products. The company is headquartered in Incheon, Incheon. The company went IPO on 2000-08-10. The Company’s products portfolio consists of vinyl acetate resin emulsion adhesives used for wood processing, interior decoration, wall paper and floor sticking, paper processing and others; synthetic rubber adhesives, which are for leathers, rubbers, automobile interiors and polyvinyl chloride (PVC) general use, and hot-melt adhesives used for sealing and bonding of automobile assemblies, lamps manufacturing, hygienic goods manufacturing and others. In addition, it involves in the manufacture of other adhesives and related items, such as epoxy resin based adhesives, cyanoacrylate, waxes, rubbing compounds, sealants, tapes and others. The company also provides maintenance and repairing products, and engages in the real estate rental business. On June 16, 2014, it merged with Samsung tape co.ltd.

Intrinsic Value
3 376.22 KRW
Undervaluation 30%
Intrinsic Value
Price
O
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
16.7%
=
Gross Profit
₩27.1B
/
Revenue
₩161.9B
What is Okong Corp's current Gross Margin?

The current Gross Margin for Okong Corp is 16.7%, which is below its 3-year median of 17.6%.

How has Gross Margin changed over time?

Over the last 3 years, Okong Corp’s Gross Margin has decreased from 17.4% to 16.7%. During this period, it reached a low of 16.6% on Jun 30, 2025 and a high of 19.1% on Jun 30, 2024.

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