| Breakdown ₩ bn | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 402.7 | 352.4 | 384.8 | 410.1 | 250.4 | 285.6 | 295.9 | 218.2 | 251.8 | 427.4 | 453.3 |
| Cost of Revenue | 304.7 | 293.8 | 328.2 | 362.7 | 228.0 | 266.4 | 271.7 | 198.3 | 233.0 | 387.6 | 400.8 |
| Gross Profit | 98.0 | 58.5 | 56.6 | 47.3 | 22.3 | 19.1 | 24.2 | 19.9 | 18.8 | 39.8 | 52.5 |
| Selling, General & Administrative | 24.6 | 22.5 | 23.0 | 22.4 | 18.6 | 17.9 | 14.8 | 11.5 | 11.7 | 20.1 | 17.1 |
| Operating Income | 73.4 | 36.0 | 33.6 | 24.9 | 3.7 | 1.2 | 9.4 | 8.4 | 7.1 | 19.7 | 35.4 |
| Finance Income | 11.4 | 6.7 | 4.2 | 6.4 | 3.8 | 1.4 | -4.6 | -4.8 | -4.8 | 1.8 | 1.0 |
| Finance Costs | 12.4 | 14.0 | 13.1 | 13.2 | 6.0 | 6.5 | 6.4 | 5.8 | 5.1 | 7.0 | 10.4 |
| Pretax Income | 73.4 | 29.0 | 25.8 | 16.6 | 23.5 | 5.5 | 3.9 | 2.1 | 2.4 | 14.3 | 24.3 |
| Income Tax Expense | 13.6 | 7.0 | 2.5 | 3.3 | 9.5 | 2.2 | 0.8 | 0.3 | 0.5 | 3.8 | 5.8 |
| Net Income | 59.8 | 22.0 | 22.7 | 13.4 | 14.1 | 3.3 | 3.1 | 1.8 | 1.9 | 19.7 | 23.8 |
| Total Comprehensive Income | 61.5 | 19.2 | 21.5 | 13.8 | 14.8 | 3.0 | 2.4 | 1.5 | 2.2 | 20.5 | 23.5 |
| Breakdown ₩ bn | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 637.8 | 620.9 | 544.0 | 551.8 | 570.4 | 448.1 | 408.6 | 368.3 | 349.0 | 365.9 | 520.3 |
| Current Assets | 164.0 | 179.6 | 125.5 | 154.8 | 199.5 | 110.2 | 137.9 | 86.4 | 82.4 | 102.1 | 180.9 |
| Cash & Cash Equivalents | 55.1 | 79.5 | 50.8 | 47.1 | 37.7 | 22.8 | 13.3 | 4.4 | 5.3 | 2.7 | 17.7 |
| Inventories | 31.7 | 31.3 | 36.1 | 69.7 | 112.6 | 45.9 | 72.8 | 51.6 | 30.6 | 74.8 | 117.4 |
| Trade Receivables | 38.6 | 51.6 | 29.9 | 30.0 | 32.2 | 29.4 | 47.5 | 26.4 | 40.7 | — | — |
| Non-current Assets | 473.7 | 441.2 | 418.5 | 397.0 | 370.9 | 337.9 | 270.7 | 281.9 | 266.6 | 263.7 | 339.3 |
| Property, Plant & Equipment | 384.1 | 393.1 | 377.4 | 366.0 | 339.1 | 319.4 | 251.7 | 255.9 | 0.0 | 252.7 | 314.3 |
| Intangible Assets | 13.6 | 13.6 | 13.6 | 13.3 | 12.9 | 8.6 | 8.6 | 7.9 | 8.0 | 3.4 | 13.1 |
| Total Liabilities | 338.3 | 371.5 | 312.3 | 342.5 | 367.2 | 287.0 | 246.3 | 209.9 | 192.0 | 207.5 | 350.0 |
| Current Liabilities | 200.2 | 307.6 | 247.5 | 245.9 | 241.4 | 165.1 | 202.2 | 193.9 | 149.9 | 149.7 | 221.1 |
| Non-current Liabilities | 138.0 | 63.9 | 64.9 | 96.6 | 125.8 | 121.9 | 44.1 | 16.0 | 42.1 | 57.7 | 128.9 |
| Total Equity | 299.5 | 249.4 | 231.7 | 209.3 | 203.2 | 154.6 | 162.3 | 158.4 | 157.0 | 158.4 | 170.2 |
| Share Capital | 31.2 | 31.2 | 31.2 | 31.2 | 31.2 | 31.2 | 22.0 | 22.0 | 22.0 | 22.0 | 21.9 |
| Retained Earnings | 187.0 | 147.2 | 146.5 | 139.5 | 135.9 | 127.0 | 126.3 | 125.6 | 125.6 | 127.0 | 115.1 |
| Breakdown ₩ bn | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 57.6 | 31.7 | 69.1 | 19.5 | -4.6 | 15.7 | -3.1 | 21.0 | 24.1 | 16.3 | 47.2 |
| Cash from Investing Activities | -44.2 | -40.0 | -39.3 | -35.2 | 28.5 | -6.4 | -11.3 | -18.5 | -12.3 | 10.9 | -24.3 |
| Purchase of Property, Plant & Equipment | 9.5 | 20.2 | 43.1 | 35.4 | 4.3 | 8.0 | 5.8 | 5.1 | 1.3 | 9.0 | 23.1 |
| Cash from Financing Activities | -37.0 | 37.3 | -26.0 | 27.3 | -9.3 | 0.5 | 23.4 | -3.4 | -12.3 | -27.0 | -16.4 |
| Dividends Paid | 11.4 | 11.0 | 8.2 | 8.2 | 8.3 | 0.9 | 0.8 | 1.2 | 3.8 | 4.1 | 0.2 |
| Net Change in Cash | -24.5 | 28.8 | 3.7 | 9.5 | 14.9 | 9.4 | 8.9 | -0.9 | -0.5 | 0.2 | 6.6 |
| Breakdown ₩ bn | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 93.5 | 87.2 | 115.7 | 90.4 | 98.2 | 98.5 | 111.3 | 74.2 | 80.8 | 86.1 |
| Cost of Revenue | 67.3 | 67.1 | 74.1 | 72.8 | 83.1 | 74.7 | 82.3 | 68.0 | 67.5 | 76.1 |
| Gross Profit | 26.2 | 20.2 | 41.5 | 17.6 | 15.1 | 23.8 | 29.0 | 6.1 | 13.4 | 10.0 |
| Selling, General & Administrative | 5.8 | 6.5 | 6.8 | 5.5 | 6.3 | 6.0 | 5.9 | 5.5 | 5.4 | 5.8 |
| Operating Income | 20.4 | 13.6 | 34.7 | 12.1 | 8.8 | 17.8 | 23.1 | 0.6 | 8.0 | 4.3 |
| Finance Income | 8.2 | 10.9 | 4.8 | 2.9 | 1.5 | 2.2 | 2.7 | 1.1 | 1.1 | 1.7 |
| Finance Costs | 2.1 | 4.1 | 3.4 | 2.4 | 3.7 | 2.9 | 3.6 | 3.7 | 3.6 | 3.1 |
| Pretax Income | 26.9 | 20.5 | 36.5 | 12.8 | 6.9 | 17.4 | 22.2 | -1.7 | 5.6 | 2.9 |
| Income Tax Expense | 6.2 | 4.7 | 4.7 | 2.7 | 2.0 | 4.2 | 3.4 | -0.6 | 3.9 | 0.3 |
| Net Income | 20.6 | 15.8 | 31.8 | 10.0 | 4.8 | 13.2 | 18.8 | -1.1 | 1.7 | 2.6 |
| Total Comprehensive Income | 21.0 | 14.7 | 31.6 | 11.3 | 5.2 | 13.4 | 16.5 | -1.5 | 1.6 | 2.6 |
| Breakdown ₩ bn | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 659.8 | 653.8 | 637.8 | 641.5 | 627.1 | 630.1 | 620.9 | 591.1 | 559.8 | 583.7 |
| Current Assets | 177.2 | 177.5 | 164.0 | 174.4 | 166.7 | 182.2 | 179.6 | 160.2 | 132.7 | 164.0 |
| Cash & Cash Equivalents | 43.5 | 69.5 | 55.1 | 97.9 | 89.6 | 74.6 | 79.5 | 79.9 | 46.3 | 69.8 |
| Inventories | 34.2 | 36.3 | 31.7 | 36.3 | 33.5 | 34.3 | 31.3 | 40.7 | 40.1 | 37.6 |
| Trade Receivables | 26.2 | 24.5 | 38.6 | 16.0 | 25.8 | 61.5 | 51.6 | 23.9 | 35.8 | 48.2 |
| Non-current Assets | 482.6 | 476.3 | 473.7 | 467.1 | 460.5 | 447.9 | 441.2 | 430.9 | 427.1 | 419.7 |
| Property, Plant & Equipment | 387.6 | 384.5 | 384.1 | 391.4 | 391.7 | 392.8 | 393.1 | 383.1 | 380.0 | 378.9 |
| Intangible Assets | 13.6 | 13.6 | 13.6 | 13.6 | 13.6 | 13.6 | 13.6 | 13.6 | 13.6 | 13.6 |
| Total Liabilities | 337.4 | 352.4 | 338.3 | 373.6 | 370.5 | 378.7 | 371.5 | 358.2 | 325.1 | 350.6 |
| Current Liabilities | 205.5 | 220.2 | 200.2 | 227.4 | 303.5 | 310.6 | 307.6 | 297.6 | 254.5 | 279.3 |
| Non-current Liabilities | 131.8 | 132.1 | 138.0 | 146.3 | 67.0 | 68.1 | 63.9 | 60.6 | 70.6 | 71.3 |
| Total Equity | 322.4 | 301.4 | 299.5 | 267.9 | 256.6 | 251.4 | 249.4 | 232.9 | 234.7 | 233.1 |
| Share Capital | 31.2 | 31.2 | 31.2 | 31.2 | 31.2 | 31.2 | 31.2 | 31.2 | 31.2 | 31.2 |
| Retained Earnings | 204.8 | 188.0 | 187.0 | 160.5 | 153.0 | 148.5 | 147.2 | 132.3 | 135.0 | 138.4 |
| Breakdown ₩ bn | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activities | 15.8 | 26.3 | -0.6 | 26.7 | 32.2 | -0.7 | 9.3 | 2.2 | 6.9 | 13.2 |
| Cash from Investing Activities | -26.7 | -8.7 | -15.1 | -19.7 | -6.7 | -2.7 | -14.1 | -5.7 | -15.8 | -4.4 |
| Purchase of Property, Plant & Equipment | 6.4 | 2.3 | 3.6 | 1.9 | 1.1 | 2.8 | 9.3 | 4.9 | 2.7 | 3.3 |
| Cash from Financing Activities | -14.9 | -1.3 | -25.4 | 1.3 | -11.3 | -1.6 | 3.9 | 37.7 | -13.9 | 9.6 |
| Dividends Paid | — | — | 0.0 | 0.0 | — | — | 0.0 | 0.0 | — | — |
| Net Change in Cash | -26.1 | 14.5 | -42.9 | 8.4 | 15.0 | -5.0 | -0.4 | 33.7 | -23.6 | 19.1 |
| FY2025 ₩bn | Latest | 1-yr | 3-yr CAGR | 5-yr CAGR | 10-yr CAGR |
|---|---|---|---|---|---|
| Revenue | 402.7 | +14.3% | -0.6% | +7.1% | -1.2% |
| Operating income | 73.4 | +104.0% | +43.4% | +128.3% | +7.6% |
| Net income | 59.8 | +171.8% | +64.9% | +78.7% | +9.7% |
| EPS | ₩1,053 | +171.8% | +64.9% | +78.7% | +9.7% |
| Operating cash flow | 57.6 | +81.8% | +43.4% | +29.6% | +2.0% |
| Shareholders' equity | 299.5 | +20.1% | +12.7% | +14.1% | +5.8% |
| Ratio | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Gross margin | 24.3% | 16.6% | 14.7% | 11.5% | 8.9% | 6.7% |
| Operating margin | 18.2% | 10.2% | 8.7% | 6.1% | 1.5% | 0.4% |
| Net margin | 14.9% | 6.2% | 5.9% | 3.3% | 5.6% | 1.1% |
| Return on equity | 21.8% | 9.2% | 10.3% | 6.5% | 7.9% | 2.1% |
| Return on assets | 9.5% | 3.8% | 4.1% | 2.4% | 2.8% | 0.8% |
| Operating cash flow / revenue | 14.3% | 9.0% | 17.9% | 4.8% | -1.8% | 5.5% |
| Capex / revenue | 2.4% | 5.7% | 11.2% | 8.6% | 1.7% | 2.8% |
| Symbol | Last Price |
|---|---|
| 329180HD HYUNDAI HEAVY INDUSTRIES CO.,LTD. | ₩436,500 +0.3% |
| 042660Hanwha Ocean Co., Ltd. | ₩86,800 +0.3% |
| 009540HD Korea Shipbuilding & Offshore Engineering Co., Ltd. | ₩348,500 +1.3% |
| 010140Samsung Heavy Industries Co., Ltd. | ₩21,400 -1.2% |
| 443060HD Hyundai Marine Solution Co., Ltd. | ₩210,500 +2.4% |
| 439260Daehan Shipbuilding Co., Ltd. | ₩46,950 +0.8% |
| 460930Hyundai Hyms Co., Ltd. | ₩13,260 +0.8% |