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    Industrial - Machinery
Shinsung E&G Co., Ltd.

Shinsung E&G Co., Ltd.

011930.KS
Shinsung E&G Co., Ltd.KR flagKorea Exchange
15,730.00
KRW
-370.00
- -
320.21BMarket Cap
Shinsung E&G Co., Ltd.
011930.KS
(Korea Exchange)

Recent

price

15,730.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
140,862.28
44,679.61
40,807.47
25,468.19
31,435.8
21,285.69
22,027.71
47,888.38
30,156.58
28,871.33
29,479.06
22,577.01
32,694.87
28,422.31
28,529.84
27,584.84
42,446.15
Revenue per Share
4,756.3
-7,319.65
-16,961.3
-4,558.99
-1,888.72
260.51
330
-3,261.03
760
150
-840
-790
1,680
800
-690
-340
-219.47
Basic EPS, GAAP
-3,218.5
-19,311.16
-2,414.23
-610.61
-3,154.69
-937.41
4,189.06
-3,051.34
-4,229.29
451.02
489.17
-2,089.15
-2,041.17
1,002.77
-480.23
-2,001.11
-2,637.93
Free Cash Flow per Basic Share
68.55
198.15
37.77
- -
- -
- -
- -
- -
15.14
8.19
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
9,067.69
2,946.17
-9,910.87
86.4
-605.28
-141.65
5,158.49
979.43
1,502.36
1,692.82
1,449.83
457.53
2,173.58
8,461.65
7,719.33
7,318.92
10,346.14
Book Value per Share
46,897.45
34,676.93
17,134.36
7,334.16
8,177.12
7,657.67
9,996.84
5,004.62
7,339.81
8,035.02
11,395.6
10,079.58
10,001.2
11,482.27
11,185.44
10,979.08
15,417.71
Tangible Book Value per Share
4
4
4
6
6
8
10
12
14
14
16
20
20
20
20
21
14
Basic Weighted Avg Shares
579,171
193,636
155,612
148,529
189,572
170,570
217,217
574,465
424,654
402,785
482,365
454,524
664,144
576,520
582,301
567,454
604,841
Sales/Revenue/Turnover
7.62
-10.05
-26.74
-7.88
-1.58
4.47
-4.49
-1
-0.98
1.79
3.84
0.53
3.17
1.28
0.86
0.23
0.71
Operating Margin (%)
17,313
11,712
14,440
14,873
15,067
16,096
16,269
23,241
18,201
10,083
10,802
8,527
7,431
11,080
13,412
12,902
9,340
Depreciation Expense
19,556
-31,723
-64,679
-26,588
-11,390
2,088
3,254
-39,119
10,702
2,093
-13,745
-15,904
34,127
16,227
-14,083
-6,994
-3,127
Net Income, GAAP
2.5
- -
- -
- -
- -
50.93
34.56
- -
- -
89.79
- -
- -
22.54
- -
- -
- -
139.15
Effective Tax Rate (%)
3.38
-16.38
-41.56
-17.9
-6.01
1.22
1.5
-6.81
2.52
0.52
-2.85
-3.5
5.14
2.81
-2.42
-1.23
-0.52
Profit Margin (%)
-5,374
-97,350
-120,391
-85,696
-157,785
-52,673
-79,832
-122,502
-112,161
-100,634
-19,398
26,217
-6,162
9,299
-57,268
-3,977
-5,091
Working Capital
94,076
83,062
71,984
99,186
20,118
115,369
104,088
101,898
21,356
11,854
20,944
37,108
96,987
89,882
35,436
94,787
94,513
LT Debt
199,591
151,615
67,178
44,152
50,283
62,081
122,275
81,811
114,084
122,176
191,465
208,038
211,170
242,598
237,547
233,314
226,727
Total Equity
12.04
- -
- -
- -
- -
1.5
-2.2
- -
- -
0.26
- -
- -
4.47
- -
- -
- -
- -
Return on Invested Capital (%)
8.07
- -
- -
- -
- -
3.34
3.89
- -
- -
1.64
- -
- -
20.05
- -
- -
- -
8.63
Return on Capital (%)
101.34
-126.76
- -
- -
- -
- -
- -
-124.95
65.05
9.35
-58.07
-96.58
127.9
15.04
-8.56
-4.54
-2.1
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
189,873
131,049
134,356
LT Borrowings
30,669
93,268
92,872
LT Finance Leases
1,115
1,518
1,641
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
349,726
323,466
368,353

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
246,276
260,145
317,733
Cash, Cash Equivalents & STI
29,703
27,852
24,449
Accounts Receivable, Net
- -
- -
- -
Inventories
26,677
30,235
37,372
Total Current Liabilities
319,742
264,121
322,823
Payables & Accruals
- -
- -
- -
ST Debt
189,873
131,049
134,356
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.83%
4.24%
-1.78%
Free Cash Flow
-146.33%
-120.83%
319.98%
Net Income, GAAP
-279.93%
-117.69%
-50.34%
Sales/Revenue/Turnover
20.6%
5.12%
-2.55%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
134,100
145,278
142,157
160,767
582,301
2025
116,301
139,969
158,597
152,588
567,454
2026
153,688
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
180
-310
-470
- -
-690
2025
-343.75
9.93
-163.95
- -
-340
2026
-1,537.89
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Shinsung E&G Co., Ltd. manufactures and sells cleanroom equipment and systems for high-tech industries and renewable energy solutions including solar modules and power plants primarily in South Korea and internationally. The company provides fan filter units (FFUs), equipment fan filter units, volatile material removal systems such as V-Master, outdoor air control units, air showers, water showering systems, access floor chemical filter fan units, airflow direction indicators, dehumidifiers, equipment dehumidify modules (EDM), dry room systems, fine particle visualization systems, water humidification systems, NMP recovery systems, and LED lighting products including blind panel edge lighting and integrated lighting modules; it also offers high-efficiency high-power solar modules, BIPV-based solar skins, customized engineering procurement and construction (EPC) services, operations and maintenance (O&M), and the cloud-based Eco Platform for renewable energy monitoring, economic analysis, and RE100 solutions. Shinsung E&G operates through Clean Environment and Renewable Energy segments, with the former holding over 60% global market share in FFUs and serving semiconductors, displays, secondary batteries, pharmaceuticals, medical, and food sectors; it targets major clients such as Samsung Electronics and provides end-to-end cleanroom solutions including AI-based air equipment from its Jeungpyeong smart factory. Founded in 1977 and headquartered in Gwacheon-si, South Korea, the company formerly known as Shinsung Solar Energy Co., Ltd. changed its name to Shinsung E&G Co., Ltd. in March 2017 and recently signed a memorandum of understanding (MOU) with Peak Energy and YSP Co., Ltd. in July 2024 to jointly develop a 50 MW solar rooftop portfolio in South Korea; it additionally agreed to sell an 80% stake in subsidiary Shinsung FA Co., Ltd. to Shenyang Siasun Investment Management Co., Ltd. for approximately KRW 100 billion.