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Shin Heung Energy & Electronics Co.,Ltd.

Shin Heung Energy & Electronics Co.,Ltd.

243840.KQ
Shin Heung Energy & Electronics Co.,Ltd.KR flagKOSDAQ
6,780.00
KRW
-210.00
- -
261.42BMarket Cap
Shin Heung Energy & Electronics Co.,Ltd.
243840.KQ
(KOSDAQ)

Recent

price

6,780.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
595.35
2,948.94
3,844.99
4,649.15
6,573.43
7,309.24
8,226.57
9,743.12
12,034.01
2,725.79
10,939.41
10,605.06
11,106.92
Revenue per Share
36.2
48.2
172
200.8
293.6
489.2
537.8
709.2
493.6
156.2
555
-151
194.52
Basic EPS, GAAP
-50.95
-422.65
-174.9
-636.79
-2,285.62
-939.03
-644.24
-1,905.14
-2,260.63
-567.29
-553.63
69.7
678.45
Free Cash Flow per Basic Share
- -
- -
- -
- -
20
29.99
54.05
55.62
75.65
15.17
99.14
77.59
- -
Dividend per Share
277.77
1,434.57
1,620.53
1,789.15
1,792.01
2,274.46
2,724.24
3,140.93
3,441.26
828.75
4,565.92
4,386.12
4,607.42
Book Value per Share
302.79
1,567.94
1,687.7
2,367.87
2,486.82
3,027.5
3,786.37
7,608.38
7,645.98
1,683.73
8,910.69
9,047.02
9,298.22
Tangible Book Value per Share
131
26
26
29
33
33
34
38
40
198
40
38
39
Basic Weighted Avg Shares
77,713
76,673
100,094
133,136
215,389
239,493
280,068
366,253
477,825
539,852
432,831
408,234
428,420
Sales/Revenue/Turnover
7.02
2.58
7.1
7.47
6.56
8.43
9.52
8.48
6.49
8.09
3.04
1.45
2.76
Operating Margin (%)
4,653
4,556
6,301
7,524
10,776
16,425
21,693
26,520
36,341
44,905
57,410
65,732
65,372
Depreciation Expense
4,725
1,253
4,478
5,750
9,620
16,029
18,309
26,660
19,599
30,936
21,959
-5,813
7,503
Net Income, GAAP
21.29
38.15
28.67
20.08
19.68
8.84
0.92
13.98
17.86
12.89
2.27
231.36
55.08
Effective Tax Rate (%)
6.08
1.63
4.47
4.32
4.47
6.69
6.54
7.28
4.1
5.73
5.07
-1.42
1.75
Profit Margin (%)
2,449
3,051
-3,149
13,262
13,051
-21,944
-40,068
40,850
-13,793
-50,936
-80,753
-95,652
-105,186
Working Capital
6,202
11,644
19,092
29,833
85,443
72,840
57,349
63,097
94,696
188,056
221,532
205,319
198,016
LT Debt
39,841
40,995
45,888
69,755
83,940
101,530
129,727
290,290
307,842
337,868
358,404
353,911
364,236
Total Equity
- -
2.03
6.97
7.94
6.61
7.18
8.91
6.85
4.85
5.77
1.64
-0.95
0.64
Return on Invested Capital (%)
- -
2.78
7.43
7.77
7.61
8.81
8.75
10.66
6.85
9.14
6.6
-5.09
1.9
Return on Capital (%)
- -
3.41
11.27
12.31
17.5
24.06
21.89
25.29
15.39
20.57
12.74
-3.33
4.32
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
250,290
258,463
266,773
LT Borrowings
213,555
204,209
196,964
LT Finance Leases
2,442
1,110
1,052
Preferred Equity and Hybrid Capital
3,347
3,347
3,347
Shares Outstanding
39
39
39
Market Capitalization
187,826
186,669
271,935

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
216,802
214,581
237,053
Cash, Cash Equivalents & STI
112,261
116,881
118,459
Accounts Receivable, Net
43,345
37,598
62,945
Inventories
56,817
53,131
46,646
Total Current Liabilities
306,467
310,234
342,240
Payables & Accruals
- -
- -
- -
ST Debt
250,290
258,463
266,773
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.74%
28.88%
-1.25%
Free Cash Flow
54.93%
16.86%
-112.25%
Net Income, GAAP
35.53%
-15.7%
-126.47%
Sales/Revenue/Turnover
20.22%
9.74%
-5.68%
Total Cash Common Dividend
- -
- -
-23.86%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
147,907
114,070
91,914
78,940
432,831
2025
103,500
102,695
100,169
101,869
408,234
2026
123,686
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
37.8
201
-64
- -
555
2025
-125
-315.8
86.33
- -
-151
2026
220
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
99.14
2025
- -
- -
- -
- -
77.59
2026
- -
- -
- -
- -
- -
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Business
Shin Heung Energy & Electronics Co., Ltd. (243840.KQ) manufactures and supplies advanced electronic components and energy storage solutions for the automotive, energy, and electronics industries. The company produces lithium-ion battery modules and packs, power management systems, semiconductor testing equipment, and precision metal stamping parts; it also offers customized energy storage systems for electric vehicles (EVs), renewable energy applications, and industrial uses under its SHSEC brand. Headquartered in Incheon, South Korea, and founded in 1973, Shin Heung operates primarily in Asia with expanding facilities in China and Southeast Asia to serve global automotive OEMs and battery producers as its target customers. In recent developments, the company secured a major strategic partnership with a leading EV battery manufacturer in 2024 to co-develop next-generation high-density battery modules, enhancing its position in the EV supply chain. It completed a KRW 50 billion funding round in early 2025 through convertible bonds to fund factory expansions in response to surging demand for energy storage systems. Additionally, Shin Heung launched its proprietary SHSEC PowerHub platform in late 2024, a modular energy management service for grid-scale storage, marking a shift toward integrated software-hardware solutions amid the global energy transition.