Hae In Corp.

Hae In Corp.

KKRX:003010
10,860.00
KRW
+410.00
(+3.92%)
1,806.55EPS
2.41P/E
42.62BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
20,608.14
23,066.4
18,138.37
18,798.84
21,152.02
18,931.2
23,180.77
20,046.76
19,198.87
16,549.77
25,690.05
23,157.26
23,463.43
21,439.09
Basic EPS, GAAP
-437
128
-293
84
178
-26
412
484
507.2
-196
689
677
1,382
1,806.55
Free Cash Flow per Basic Share
2,022.79
-2,360.35
2,452.23
-249.79
-1,955.44
169.53
2,239.49
1,695.13
2,162.6
574.15
-197.46
-2,052.12
4,445.96
5,225.53
Dividend per Share
49.35
49.9
49.99
30.09
40.1
29.5
30.01
62.25
120
129.89
60.01
170.05
187.8
- -
Book Value per Share
9,186.28
9,232.92
8,887.87
8,943.75
8,925.36
8,869.56
9,249.4
9,975.15
10,379.59
10,052.45
10,681.8
11,189.28
13,026.35
13,858.6
Tangible Book Value per Share
9,126.78
9,176.28
8,833.51
8,892.95
8,865.48
8,761.61
9,133.29
9,862.18
10,279.55
9,968.42
10,606.52
11,118.14
12,954.94
13,790.75
Basic Weighted Avg Shares
11
11
11
11
11
11
11
11
11
11
11
11
10
10
Sales/Revenue/Turnover
228,762
259,888
204,256
210,995
237,530
216,727
260,858
217,541
206,356
178,030
276,081
248,826
241,713
213,655
Operating Margin (%)
0.32
2.97
2.3
2.46
1.06
2.85
4.54
4.05
3.68
1.64
3.45
5.84
7.26
9.7
Depreciation Expense
6,055
5,751
5,457
5,027
4,854
4,679
5,688
5,283
4,758
4,244
3,567
3,812
3,827
3,735
Net Income, GAAP
-4,851
1,442
-3,299
943
1,999
-298
4,636
5,252
5,452
-2,108
7,404
7,274
14,237
18,003
Effective Tax Rate (%)
- -
58.45
- -
84.06
21.91
217.32
45.1
34.5
31.15
20.12
28.41
24.76
21.67
- -
Profit Margin (%)
-2.12
0.55
-1.62
0.45
0.84
-0.14
1.78
2.41
2.64
-1.18
2.68
2.92
5.89
8.43
Working Capital
-70
4,284
1,378
-3,628
1,714
4,515
13,447
21,159
34,963
42,789
43,158
51,251
57,973
66,231
LT Debt
6,244
9,132
8,310
7,088
3,172
1,216
4,083
4,074
9,786
8,385
2,959
4,484
609
2,054
Total Equity
96,053
96,339
91,253
91,308
92,304
91,661
95,545
98,184
101,983
108,047
114,811
120,266
127,629
135,783
Return on Invested Capital (%)
- -
1.65
- -
0.45
1.05
-3.94
3.65
3.48
4.17
1.44
4.02
6.01
7.63
- -
Return on Capital (%)
- -
1.91
- -
1.2
3.39
-2.73
4.31
4.74
4.84
-0.45
6.2
5.43
9.5
- -
Return on Common Equity (%)
-4.6
1.39
-3.23
0.94
1.99
-0.3
4.55
4.97
4.98
-1.92
6.64
6.19
11.49
13.89

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
45,624
43,164
41,299
LT Borrowings
- -
- -
- -
LT Finance Leases
609
886
2,054
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
52,026
52,712
42,620

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
176,567
175,663
186,666
Cash, Cash Equivalents & STI
31,491
21,348
28,491
Accounts Receivable, Net
22,401
21,418
31,721
Inventories
100,178
105,773
95,690
Total Current Liabilities
118,595
116,462
120,435
Payables & Accruals
- -
- -
- -
ST Debt
45,624
43,164
41,299
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.44%
5.39%
6.12%
Free Cash Flow
208.57%
89.99%
-307.71%
Net Income, GAAP
-226.79%
-98.42%
95.71%
Sales/Revenue/Turnover
3.44%
4.7%
-2.86%
Total Cash Common Dividend
30.3%
46.92%
5.88%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
43,981
55,236
46,368
103,241
248,826
2025
66,746
65,829
56,541
52,597
241,713
2026
40,365
64,151
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
158
25
149
345.09
677
2025
30
561
46.11
761.01
1,382
2026
42.45
985
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
170.05
2025
- -
- -
- -
- -
187.8
2026
- -
- -
- -
- -
- -

Company Description

CEO
Gyung-Hee Won
Full Time Employees
264
Sector
Distribution services
Industry
Wholesale distributors
Address
Haein Building Seoul SL South Korea 06783
IPO Date
Sep 20, 1988
Website
haein.com
Business
Haein Corporation specializes in the energy and power industries and construction equipment sectors. The company manufactures and supplies a broad range of products including Caterpillar electric and marine engines and generators; Caterpillar construction equipment such as excavators, wheel loaders, track-type tractors, and paving equipment; logistics equipment from Caterpillar and Jungheinrich; forestry, construction, and agricultural equipment from Vermeer; and off-the-road tires branded BKT. It also operates rental and used equipment businesses alongside its new and renewable energy business, offering eco-friendly products designed to meet increasingly stringent global environmental regulations related to exhaust emissions and noise pollution. Additionally, Haein provides industrial and logistics equipment including crushers and screens, electric reach trucks, lift trucks, order pickers, pallet trucks, trailers, and warehouse storage systems, supported by parts and maintenance services. Its product offerings extend to off-road, agricultural, industrial, lawn and garden, and ATV tires. Founded in 1960 and headquartered in Seoul, South Korea, Haein Corporation maintains a nationwide network of branches, dealers, and agents, serving mainly South Korea with some international operations. The company underwent its most recent major change by rebranding from Haein Heavy Equipment Corporation to Haein Corporation in May 1986. Recently, it has focused on expanding its renewable energy segment and eco-friendly product lines. In the advanced technology arena, "Haein" has also become the name of a significant AI supercomputing cluster developed through partnerships involving SK Telecom and Penguin Solutions, designed to empower Korea’s AI innovation landscape, though this is a distinct initiative from the corporation’s core construction and energy equipment business. Financially, Haein reported steady sales from equipment manufacturing and rental with strategic efforts to comply with global environmental standards and diversify into renewable energy and used equipment sales.