ChinYang Chemical Corporation
ChinYang Chemical Corporation (KRX: 051630) is trading at ₩1,666.00, about ₹120 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, down 3.14% today. ChinYang Chemical is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
₩1,588.00
Today's high
₩1,719.00
52 week low
₩880.00
52 week high
₩3,515.00
051630 opened at ₩1,684.00, closed previously at ₩1,720.00, and has traded between ₩880.00 and ₩3,515.00 over the past 52 weeks.
About
Based in Ulsan, South Korea, Chinyang Chemical Corporation is a manufacturer and distributor of diverse chemical products. Its extensive product range encompasses floor coverings suitable for both domestic and commercial environments. The company also produces artificial leather, widely utilized in the automotive sector for items such as car seats, door panels, consoles, and headrests, as well as in marine vessels and furniture. Furthermore, Chinyang supplies tarpaulins, which serve a multitude of applications including curtains, windbreaks, awnings, basic tents, vehicle sunshades, beach umbrellas, coverings for livestock, and various other protective purposes. Established in 1963, ChinYang Chemical Corporation functions as a subsidiary of Jinyang Holdings Corp.
Key statistics
Avg. volume
665.01K
Market cap
₩35.32B
P/E Ratio
20.00
Price-to-sales ratio
1.86
Enterprise value
₩69.08B
Free cash flow yield
-1.85%
Debt-to-equity ratio
0.00
Return on equity
2.26%
ROIC
-0.95%
Beta
0.28
Dividend yield
0.00%
Last dividend
₩0.00
Financial overview
Revenue
₩18.56B
Earnings per share
₩42.29
Free cash flow
-₩1.06B
Net profit margin
9.31%
Gross margin
10.33%
EBITDA
₩1.15B
Revenue growth
-24.31%
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This is not an investment recommendation
ChinYang Chemical for Indian investors
ChinYang Chemical is listed on the Korea Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on ChinYang Chemical for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm KST
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneChinYang Chemical does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can I buy ChinYang Chemical on Paasa?
ChinYang Chemical (051630) has been listed on the Korea Exchange since 2001, in the Chemicals industry. ChinYang Chemical is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one ChinYang Chemical share cost in rupees?
One ChinYang Chemical share is ₩1,666.00 — about ₹120 at a KRW/INR rate of 0.0722 on 9 Oct 2026. Both the ChinYang Chemical price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on ChinYang Chemical shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the KRW/INR rate on the purchase and the sale date, so the rupee move counts alongside the ChinYang Chemical price.
Does ChinYang Chemical pay a dividend?
No. ChinYang Chemical does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one: dividends are taxed at your slab rate in India.
When does KRX trade, in Indian time?
The Korea Exchange trades 5:30 am – 12:00 pm IST in Indian time.
Do I have to declare ChinYang Chemical shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on ChinYang Chemical?
Yes. ChinYang Chemical is priced in KRW, so your rupee outcome combines the KRW move with the KRW/INR move between the day you remit and the day you convert back.