KOREA PETROLEUM INDUSTRIES CO (004090) AI Stock Analysis

KOREA PETROLEUM INDUSTRIES CO

(Korea Exchange:004090)

Select Model

Rating:56Neutral

Price Target:KRW 11,515.00▲(3.18% Upside)

Action:initiatedcoverage

Date:10/28/26

The score is held back primarily by weak cash generation (negative operating cash flow and deeply negative free cash flow) and a bearish technical setup (below major moving averages with negative MACD). Offsetting factors include improved recent profitability and a reasonable valuation (low P/E with a modest dividend yield).

Positive Factors

Profitability reboundThe TTM profitability rebound indicates improved recent earnings power, with margin and net income both ahead of the last annual period. If sustained, this provides a stronger operating base and may support reinvestment and financial resilience over the next several quarters.

Negative Factors

Weak cash generationNegative operating cash flow and deeply negative free cash flow weaken earnings quality because reported profits are not translating into internally generated cash. Persistent shortfalls can increase reliance on working-capital movements or external funding for operations and investment.

KOREA PETROLEUM INDUSTRIES CO (004090) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 140.52B
Dividend Yield: 1.08%
Average Volume (3M): 298.63K
Price to Earnings (P/E): 9.5
Beta (1Y): -0.13
Revenue Growth: 4.66%
EPS Growth: 15.12%
Country: KR
Employees: 241
Sector: General
Sector Strength: 55
Industry: Construction Materials

KOREA PETROLEUM INDUSTRIES CO Business Overview & Revenue Model

Company Description

Founded in 1964, Korea Petroleum Industries Company, headquartered in Seoul, South Korea, specializes in the production and sale of diverse petroleum-based products. Its core business involves manufacturing and supplying asphalts, industrial solvents...

KOREA PETROLEUM INDUSTRIES CO Financial Statement Overview

Summary

Profitability has improved in the TTM period (net margin ~2.0% vs ~0.7% in 2025 and higher net income), and leverage appears manageable (debt-to-equity ~0.75) with improved ROE (~7.1%). However, earnings quality is undermined by negative TTM operating cash flow and deeply negative free cash flow, extending a pattern of frequent cash shortfalls.

Income Statement

62Positive

Balance Sheet

67Positive

Cash Flow

28Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	747.58B	696.93B	721.18B	679.23B	747.94B	628.91B
Gross Profit	78.01B	61.02B	61.71B	60.18B	61.55B	57.32B
EBITDA	16.28B	17.70B	23.28B	23.66B	21.40B	19.47B
Net Income	14.80B	5.21B	13.05B	14.85B	11.13B	11.35B
Balance Sheet
Total Assets	457.03B	413.05B	384.40B	353.98B	347.07B	342.13B
Cash, Cash Equivalents and Short-Term Investments	29.95B	20.79B	27.29B	21.19B	23.34B	15.36B
Total Debt	161.80B	137.81B	116.54B	105.74B	108.34B	110.74B
Total Liabilities	237.98B	207.02B	186.83B	176.61B	183.33B	188.20B
Stockholders Equity	215.71B	204.30B	198.57B	178.19B	164.50B	154.55B
Cash Flow
Free Cash Flow	-33.29B	-31.88B	-12.80B	-584.68M	17.20B	-25.47B
Operating Cash Flow	-1.21B	6.57B	13.14B	5.37B	29.77B	-6.34B
Investing Cash Flow	-30.30B	-37.84B	-25.75B	-8.40B	-12.21B	-18.69B
Financing Cash Flow	29.29B	22.63B	16.59B	-2.93B	-8.50B	13.07B

KOREA PETROLEUM INDUSTRIES CO Technical Analysis

Technical Analysis SentimentNegative

Last Price11160.00

Price Trends

50DMA11484.00Negative

100DMA11323.20Negative

200DMA13684.65Negative

Market Momentum

MACD-129.72Positive

RSI41.72Neutral

STOCH24.71Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:004090, the sentiment is Negative. The current price of 11160.00 is below the 20-day moving average (MA) of 11434.00, below the 50-day MA of 11484.00, and below the 200-day MA of 13684.65, indicating a bearish trend. The MACD of -129.72 indicates Positive momentum. The RSI at 41.72 is Neutral, neither overbought nor oversold. The STOCH value of 24.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:004090.

KOREA PETROLEUM INDUSTRIES CO Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:004090 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:300720	71Outperform	KRW 1.18T	10.61	―	6.26%	-10.13%	5.00%
KR:004980	60Neutral	KRW 182.13B	5.78	―	4.06%	28.24%	40.24%
KR:004090	56Neutral	KRW 139.95B	9.49	―	1.08%	4.66%	15.12%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:002030	53Neutral	KRW 325.99B	10.73	―	0.33%	-0.38%	-39.03%
KR:344820	47Neutral	KRW 338.80B	-6.05	―	10.35%	1.09%	-81.46%
KR:183190	44Neutral	KRW 311.67B	27.14	―	0.56%	-0.91%	-77.24%

* General Sector Average

Performance Comparison

KR:004090 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:004090	KOREA PETROLEUM INDUSTRIES CO	11070.00	-2739.91	-19.84%
KR:002030	Asia Holdings Co., Ltd.	189800.00	-160030.70	-45.75%
KR:004980	Sungshin Cement Co., Ltd	7290.00	-1896.13	-20.64%
KR:183190	Asia Cement Co., Ltd	8900.00	-3012.53	-25.29%
KR:300720	Hanil Cement Co., Ltd.	15980.00	-470.10	-2.86%
KR:344820	KCC GLASS Corporation	21250.00	-2099.44	-8.99%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026

KOREA PETROLEUM INDUSTRIES CO AI Stock Analysis