Shinpoong Paper Mfg. Co., Ltd
Shinpoong Paper Mfg. Co., Ltd (KRX: 002870) is trading at ₩1,136.00, about ₹80 at today's KRW/INR rate, as of 1 Oct 2026, 2:30 AM ET, up 5.09% today. Shinpoong Paper Mfg. 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
₩1,084.00
Today's high
₩1,155.00
52 week low
₩664.00
52 week high
₩1,471.00
002870 opened at ₩1,115.00, closed previously at ₩1,081.00, and has traded between ₩664.00 and ₩1,471.00 over the past 52 weeks.
About
SHINPOONG, Inc. engages in the manufacture and sale of paper products. It operates through the following business divisions: Tributary Distribution, Imported Cars, and Other Business. Its products include paperboard, kraft paper, cardboard, and white duplex boards used for packaging. The company was founded on January 6, 1960 and is headquartered in Seoul, South Korea.
Key statistics
Avg. volume
207.69K
Market cap
₩31.47B
P/E Ratio
3.62
Price-to-sales ratio
1.27
Enterprise value
₩23.09B
Free cash flow yield
7.46%
Debt-to-equity ratio
0.00
Return on equity
2.72%
ROIC
-2.96%
Beta
0.20
Dividend yield
9.68%
Last dividend
₩110.00
Financial overview
Revenue
₩24.23B
Earnings per share
₩72.23
Free cash flow
₩2.30B
Net profit margin
34.89%
Gross margin
11.27%
EBITDA
-₩1.19B
Revenue growth
6.36%
Similar securities
This is not an investment recommendation
Shinpoong Paper Mfg. for Indian investors
Shinpoong Paper Mfg. 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 Shinpoong Paper Mfg. 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
- Slab rateDividends are taxed at your slab rate in India. Shinpoong Paper Mfg.’s current yield is 9.68%.Dividend tax explained
FAQs
Can I buy Shinpoong Paper Mfg. on Paasa?
Shinpoong Paper Mfg. (002870) has been listed on the Korea Exchange since 1976, in the Packaging & Containers industry. Shinpoong Paper Mfg. 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 Shinpoong Paper Mfg. share cost in rupees?
One Shinpoong Paper Mfg. share is ₩1,136.00 — about ₹80 at a KRW/INR rate of 0.0708 on 30 Sep 2026. Both the Shinpoong Paper Mfg. 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 Shinpoong Paper Mfg. 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 Shinpoong Paper Mfg. price.
Does Shinpoong Paper Mfg. pay a dividend, and how is it taxed in India?
Yes. Shinpoong Paper Mfg. pays a dividend and the current yield is 9.68%; the last declared dividend was ₩110.00 per share, about ₹7.79. 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 Shinpoong Paper Mfg. 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 Shinpoong Paper Mfg.?
Yes. Shinpoong Paper Mfg. 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.