Hyundai BNG Steel Co., Ltd.

Hyundai BNG Steel Co., Ltd.

KKRX:004560
10,800.00
KRW
-370.00
(-3.31%)
1,274.28EPS
9.00P/E
172.95BMarket 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
45,850.81
46,851.97
45,279.02
43,497.92
47,779.19
46,923.23
48,253.99
44,766.22
56,337.9
84,336.54
68,844.32
52,367.19
48,801.88
50,545.62
Basic EPS, GAAP
1,945
1,951
250
1,440
1,301
1,280
1,433
1,553
4,595
1,715
-1,989
1,644
976
1,274.28
Free Cash Flow per Basic Share
1,035.82
1,925.12
2,195.94
4,212.6
2,746.51
-1,123.51
1,023.91
1,892.37
-93.49
-5,222.1
2,922.94
4,210.59
3,505.44
3,087.52
Dividend per Share
- -
- -
100.18
- -
100.34
100.36
100.31
100.32
100.36
100.35
100.4
- -
100.36
- -
Book Value per Share
19,576.7
21,358.42
21,483.57
22,989.54
24,171.99
25,298.86
26,688.05
28,380.17
32,972.32
34,769.21
32,715.54
34,190.98
34,516.34
35,050.76
Tangible Book Value per Share
18,503.2
20,104.38
20,269.09
21,801.28
22,947.77
24,305.04
25,664.94
27,156.24
31,834.82
32,940.29
30,711.8
32,377.4
32,738.13
33,363.7
Basic Weighted Avg Shares
15
15
15
15
15
15
15
15
15
15
15
15
15
15
Sales/Revenue/Turnover
696,721
711,647
688,953
660,808
725,854
712,682
733,255
680,243
855,704
1,281,157
1,045,306
795,376
741,250
767,811
Operating Margin (%)
6.59
6.8
2.11
5.5
4.24
4.92
4.98
4.91
10.48
2.61
-3.37
3.85
3.49
4.11
Depreciation Expense
20,700
21,555
22,219
22,306
21,296
17,894
15,119
15,701
16,094
16,834
18,524
19,184
17,892
3,084
Net Income, GAAP
29,555
29,634
3,804
21,876
19,765
19,441
21,775
23,599
69,792
26,053
-30,200
24,970
14,824
19,357
Effective Tax Rate (%)
23.42
24.3
28.11
24.86
30.88
29.29
23.57
23.96
27.95
21.17
- -
22.65
27.15
27.2
Profit Margin (%)
4.24
4.16
0.55
3.31
2.72
2.73
2.97
3.47
8.16
2.03
-2.89
3.14
2
2.52
Working Capital
128,442
192,055
122,890
176,857
169,622
214,507
273,084
287,015
332,610
366,198
240,041
242,158
315,387
309,898
LT Debt
111,224
132,347
59,800
59,807
29,940
49,811
94,820
83,624
71,741
172,865
86,999
54,575
93,280
66,481
Total Equity
295,743
322,609
324,496
347,204
365,034
382,026
402,973
428,488
497,733
524,828
493,861
516,109
521,015
529,073
Return on Invested Capital (%)
6.47
6.59
1.94
5.42
4.4
5.04
5.44
4.73
10.73
3.76
- -
3.52
2.92
3.61
Return on Capital (%)
6.73
6.33
1.46
4.95
4.61
4.47
4.74
4.87
12.15
4.58
- -
4.33
2.81
3.05
Return on Common Equity (%)
10.55
9.6
1.18
6.52
5.56
5.21
5.56
5.68
15.09
5.1
-5.94
4.95
2.86
3.69

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
18,265
45,872
49,687
LT Borrowings
92,900
65,338
66,189
LT Finance Leases
380
339
292
Preferred Equity and Hybrid Capital
549
549
549
Shares Outstanding
15
15
15
Market Capitalization
164,962
221,960
172,954

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
402,889
434,950
445,430
Cash, Cash Equivalents & STI
111,827
121,351
146,266
Accounts Receivable, Net
121,150
138,812
- -
Inventories
156,287
153,359
142,354
Total Current Liabilities
87,502
137,196
135,532
Payables & Accruals
- -
- -
- -
ST Debt
18,265
45,872
49,687
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.98%
4.23%
0.95%
Free Cash Flow
506.25%
1,050.6%
-16.74%
Net Income, GAAP
17.8%
-61.23%
-40.63%
Sales/Revenue/Turnover
2.6%
5.28%
-6.81%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
191,604
231,313
188,355
184,104
795,376
2025
187,469
188,493
193,111
172,177
741,250
2026
199,736
202,787
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
131
953
257
302.51
1,644
2025
67
173
267
372.28
976
2026
286
349
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
100.36
2026
- -
- -
- -
- -
- -

Company Description

CEO
Li Seon Jeong
Full Time Employees
476
Sector
Non-energy minerals
Industry
Steel
Address
124, Jeokhyeon-ro Changwon SG South Korea 51707
IPO Date
Mar 24, 1987
Business
Hyundai Bng Steel Co., Ltd. Hyundai Bng Steel Co., Ltd. manufactures and sells stainless steel products and automobile parts primarily in South Korea. The company produces cold rolled stainless steel sheets used in construction exterior and interior materials, kitchen products, vacuum bottles, precision springs, medical equipment, electronic equipment, automobiles, and water tanks; special steel bars; seamless steel tubes; cold extrusion products; and cold drawing products, with capabilities including bright annealing, embossed plates, ultra-thin sheets down to 0.05 mm thickness, and foil strips down to 50 μm. It operates facilities in Changwon, including a stainless cold rolling mill with annual capacity around 200,000 tons, and serves domestic and overseas markets with a workforce of approximately 471 employees. Founded in 1966 and headquartered in Changwon-si, South Korea, the company changed its name from BNG Steel Co., Ltd. to Hyundai Bng Steel Co., Ltd. in March 2011 following integration with the Hyundai Motor Group, which expanded its production capabilities through facility upgrades such as the #5 Z-mill, #3 bright annealing line, and an ultra-thin sheet metal plant in Changwon. Recent operational enhancements include a major modernization of its 20-high reversing mill by ANDRITZ Sundwig, featuring new control electronics, main drives, automatic thickness and shape controls, and hydraulic screw-down systems that boosted production tonnage by 10% and enabled thinner, higher-quality strips for new markets. As part of the Hyundai Motor Group, it supplies specialized stainless steel for automotive applications and benefits from group-wide strategic shifts toward low-carbon steel and advanced materials development.