1. South Korea Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Myoung Shin Industrial Co.,Ltd

Myoung Shin Industrial Co.,Ltd

009900.KS
Myoung Shin Industrial Co.,LtdKR flagKorea Exchange
7,450.00
KRW
+520.00
- -
390.90BMarket Cap
Myoung Shin Industrial Co.,Ltd
009900.KS
(Korea Exchange)

Recent

price

7,450.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
148,216.96
129,515.39
76,311.27
80,305.31
84,876.23
71,561.33
14,334.22
179,739.67
325,347.53
24,329.31
23,358.13
28,868.73
33,137.38
29,990.58
30,850.11
31,818.68
Revenue per Share
933
-16,822
2,343
1,570
4,476
1,173
-236
1,797
14,194
-2,670
956
1,633
2,909
2,460
1,302
1,396.31
Basic EPS, GAAP
-32,293.5
-5,163.52
-21,769.73
-16,015.49
-9,406.13
4,821.91
932.48
8,550.84
17,367.12
-79.62
-1,175.05
462.16
3,597.89
1,876.53
2,247.63
1,610.44
Free Cash Flow per Basic Share
499.79
- -
- -
127.04
254.04
127.06
81.97
172.47
- -
- -
- -
- -
- -
99.99
149.96
- -
Dividend per Share
40,058.03
21,901.8
17,744.12
12,913.79
17,129.21
17,871.93
6,545.55
26,026.35
34,564.48
54.08
1,127.05
2,654.02
7,704.53
10,057.35
11,215.06
11,518.75
Book Value per Share
40,313.93
22,157.82
31,158.28
21,564.58
27,224.55
28,018.35
9,817.92
23,772.52
32,985.72
5,382.27
6,148.48
7,210.67
10,168.89
13,238.27
14,582.73
15,520.31
Tangible Book Value per Share
1
1
2
3
3
3
8
2
2
33
47
52
52
52
52
53
Basic Weighted Avg Shares
88,967
77,708
127,301
208,778
220,694
186,013
115,517
344,193
775,740
809,028
1,107,708
1,515,242
1,738,905
1,573,818
1,619,155
1,671,568
Sales/Revenue/Turnover
3.02
-7.39
6.29
7.51
7.41
5.11
7.48
4.06
7.68
8.18
5.1
8.37
11.97
9.41
6.34
5.57
Operating Margin (%)
7,620
7,114
6,228
10,359
15,478
17,485
17,809
18,973
22,163
21,272
24,585
38,683
43,763
50,005
61,970
63,394
Depreciation Expense
560
-10,093
3,909
4,082
11,638
3,049
-1,902
3,441
33,843
-88,786
45,336
85,712
152,652
129,094
68,335
73,354
Net Income, GAAP
- -
- -
- -
- -
18.67
21.85
- -
41.02
30.16
- -
22.09
30.36
23.82
23.41
25.06
20.27
Effective Tax Rate (%)
0.63
-12.99
3.07
1.96
5.27
1.64
-1.65
1
4.36
-10.97
4.09
5.66
8.78
8.2
4.22
4.39
Profit Margin (%)
-32,516
-46,408
-19,214
-20,343
-14,025
-29,881
-11,248
-50,011
-28,607
60,414
103,302
187,508
320,147
418,107
437,087
464,897
Working Capital
15,315
13,715
23,536
49,130
54,206
30,757
33,607
34,998
34,792
63,097
85,196
162,293
175,048
209,978
230,234
242,969
LT Debt
24,410
13,506
62,539
66,549
81,274
83,219
89,511
46,285
79,438
184,047
297,091
383,800
535,156
697,476
768,886
818,846
Total Equity
- -
- -
- -
- -
6.96
3.55
- -
4.26
20.37
- -
10.11
14.63
21.34
12.63
7.1
6.67
Return on Invested Capital (%)
- -
- -
- -
- -
9.39
3.98
- -
3.95
20.55
- -
24.55
26.85
30.37
19.4
9.24
9.15
Return on Capital (%)
- -
-54.28
18.29
12.92
29.8
6.7
-3.83
6.71
51.18
-210.86
164.12
88.94
56.16
27.7
12.24
12.85
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
119,079
157,980
161,980
LT Borrowings
159,672
159,092
159,919
LT Finance Leases
72,706
71,142
83,049
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
52
52
Market Capitalization
444,967
471,234
501,176

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
791,232
843,074
917,597
Cash, Cash Equivalents & STI
279,584
449,086
423,766
Accounts Receivable, Net
217,073
191,492
227,387
Inventories
124,277
107,759
126,094
Total Current Liabilities
380,021
405,987
452,700
Payables & Accruals
- -
- -
- -
ST Debt
119,079
157,980
161,980
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
33.56%
34.12%
10.24%
Free Cash Flow
248.46%
502.31%
19.79%
Net Income, GAAP
-4.24%
-9.28%
-47.07%
Sales/Revenue/Turnover
35.59%
16.37%
2.88%
Total Cash Common Dividend
- -
- -
50%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
401,634
397,620
384,753
389,812
1,573,818
2025
359,637
398,869
443,337
417,312
1,619,155
2026
412,050
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
731
664
387
- -
2,460
2025
319
264
626.54
- -
1,302
2026
414.66
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
99.99
2025
- -
- -
- -
- -
149.96
2026
- -
- -
- -
- -
- -
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Business
Myoung Shin Industrial Co., Ltd. engages primarily in the manufacture and sale of automobile body parts using its proprietary hot stamping process in South Korea. The company produces hot stamping parts for car bodies supplied to Hyundai and Kia as well as global electric vehicle customers; it also offers mold products and related components through optimized mass production lines that reduce production time, maximize space efficiency, and minimize costs. Founded in 1982 and headquartered in Gyeongju, South Korea, Myoung Shin Industrial operates with approximately 126 employees domestically and maintains overseas affiliates including Simwon America Corp., Simwon Automotive entities in China, and others focused on automotive production and development. The company conducts R&D activities centered on hot stamping technologies and serves domestic and international markets in the automotive sector, with sales segmented into car body parts and mold products. In July 2025, Myoung Shin Industrial agreed to acquire Myoung Shin Fabricante De Carroceria Automotiva Ltda., a Brazilian subsidiary, from MS Autotech Co., Ltd. and Myoung Shin Co., Ltd. for KRW 54.5 billion in cash plus an earnout of KRW 54.54 billion, aiming to complete by July 31, 2025 and expand its global operations; this follows a cancelled bid in March 2025 for a Gunsan plant from GM Korea.