Shindaeyang Paper Co., Ltd.
Shindaeyang Paper Co., Ltd. (KRX: 016590) is trading at ₩9,060.00, about ₹654 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, up 0.55% today. Shindaeyang Paper 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
₩8,980.00
Today's high
₩9,230.00
52 week low
₩8,200.00
52 week high
₩18,150.00
016590 opened at ₩9,230.00, closed previously at ₩9,010.00, and has traded between ₩8,200.00 and ₩18,150.00 over the past 52 weeks.
About
Shindaeyang Paper Co., Ltd. is a South Korean company specializing in the manufacturing and distribution of various paper products. Established in 1982 and headquartered in Ansan, the firm supplies stencil paper to the Korean market. Its extensive product line also includes base papers for corrugated packaging, as well as a diverse selection of corrugated cardboard and box options, spanning single, double, and triple-wall corrugated fiberboards.
Key statistics
Avg. volume
18.90K
Market cap
₩267.72B
P/E Ratio
8.23
Price-to-sales ratio
0.41
Enterprise value
₩433.15B
Free cash flow yield
2.34%
Debt-to-equity ratio
0.16
Return on equity
3.79%
ROIC
1.92%
Beta
0.26
Dividend yield
2.48%
Last dividend
₩225.00
Financial overview
Revenue
₩639.53B
Earnings per share
₩770.00
Free cash flow
₩12.37B
Net profit margin
5.01%
Gross margin
16.02%
EBITDA
₩49.29B
Revenue growth
-2.88%
Similar securities
This is not an investment recommendation
Shindaeyang Paper for Indian investors
Shindaeyang Paper 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 Shindaeyang Paper 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. Shindaeyang Paper’s current yield is 2.48%.Dividend tax explained
FAQs
Can I buy Shindaeyang Paper on Paasa?
Shindaeyang Paper (016590) has been listed on the Korea Exchange since 2000, in the Paper, Lumber & Forest Products industry. Shindaeyang Paper 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 Shindaeyang Paper share cost in rupees?
One Shindaeyang Paper share is ₩9,060.00 — about ₹654 at a KRW/INR rate of 0.0722 on 9 Oct 2026. Both the Shindaeyang Paper 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 Shindaeyang Paper 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 Shindaeyang Paper price.
Does Shindaeyang Paper pay a dividend, and how is it taxed in India?
Yes. Shindaeyang Paper pays a dividend and the current yield is 2.48%; the last declared dividend was ₩225.00 per share, about ₹16.25. 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 Shindaeyang Paper 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 Shindaeyang Paper?
Yes. Shindaeyang Paper 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.