1. South Korea Stocks

  2. •

    Producer manufacturing

  3. •

    Metal fabrication
Heungkuk Metaltech Co., Ltd.

Heungkuk Metaltech Co., Ltd.

KKRX:010240
4,920.00
KRW
-60.00
(-1.20%)
1,257.49EPS
4.08P/E
56.96BMarket Cap
Heungkuk Metaltech Co., Ltd.
KRX:010240
(Korea Stock Exchange)

Recent

price

4,920.00

P/E

ratio

4.08

div

yld

5.69%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
6,009.93
8,762.12
7,322.87
6,392.89
5,926.51
5,224.15
5,088.11
3,716.35
9,578.13
8,474.26
10,022.36
12,277.35
11,645.72
13,397.47
11,614.08
12,343.12
12,854.45
Revenue per Share
387.5
572.67
286
264
135.5
114.5
293.5
282
675
568
989
1,027
740
1,182
952
1,099
1,257.49
Basic EPS, GAAP
-363.7
-1,451.72
194.67
444.21
312.44
485.55
521.06
77.55
743.18
566.28
25.83
-214.46
1,325.26
660.88
1,563.81
1,293.6
1,554.24
Free Cash Flow per Basic Share
50.02
75
74.97
74.96
49.99
50.02
49.97
37.49
125.02
124.93
155.52
179.99
199.93
227.89
240.93
220.03
280
Dividend per Share
2,038.8
3,274.06
3,454.63
3,652.08
3,726.81
3,800.2
4,035.21
4,484.06
5,003.65
5,476.8
6,409.71
7,438.8
7,970.79
8,970.65
9,833.91
10,652.51
11,059.46
Book Value per Share
2,035.79
3,265.42
3,438.37
3,642.26
3,674.65
3,763.76
4,008.92
4,462.82
4,990.26
5,409.54
6,344.72
7,365.63
7,904.1
8,895.1
9,754.69
10,581.79
10,958.21
Tangible Book Value per Share
12
12
12
12
12
12
12
25
12
12
12
12
12
11
11
11
11
Basic Weighted Avg Shares
74,031
107,973
90,278
78,820
73,042
64,346
62,732
91,625
118,012
104,480
119,116
141,814
134,555
149,383
128,711
137,024
142,719
Sales/Revenue/Turnover
6.66
9.19
6.14
6.34
4.26
4.11
8.22
9.63
9.44
8.51
13.1
9.76
8.33
10.58
6.83
10.87
11.36
Operating Margin (%)
1,973
1,312
3,506
4,013
4,107
4,204
4,030
3,316
2,979
3,076
3,147
3,550
2,883
2,710
3,152
3,382
3,410
Depreciation Expense
4,773
7,057
3,526
3,255
1,670
1,410
3,619
6,953
8,317
7,003
11,754
11,863
8,550
13,179
10,550
12,200
13,962
Net Income, GAAP
9.41
21.11
13.61
15.9
25.8
16.76
18.93
21.3
23.57
23.96
22.94
23.92
21.86
21.98
22.43
20.46
20.45
Effective Tax Rate (%)
6.45
6.54
3.91
4.13
2.29
2.19
5.77
7.59
7.05
6.7
9.87
8.36
6.35
8.82
8.2
8.9
9.78
Profit Margin (%)
11,096
14,537
22,161
14,944
22,376
16,426
8,236
14,854
24,339
26,105
39,293
48,798
55,544
56,627
61,724
72,331
76,557
Working Capital
2,800
27,000
22,500
10,800
13,900
3,300
3,500
1,000
2,500
84
6,864
8,412
8,484
5,122
1,433
47
41
LT Debt
25,124
40,345
42,570
45,003
45,924
46,829
49,725
55,256
61,658
67,489
74,031
85,917
92,062
99,311
109,183
118,272
122,790
Total Equity
14.3
13.97
6.12
5.5
3.22
3.22
6.57
11.16
12.64
9.19
14.48
10.95
8.43
11.46
6.05
9.96
10.63
Return on Invested Capital (%)
16.99
14.11
6.71
5.76
3.38
2.91
6.27
11.59
12.76
9.91
14.52
12.77
8.59
12.64
9.66
10.5
11.74
Return on Capital (%)
20.72
21.56
8.5
7.43
3.67
3.04
7.5
13.25
14.23
10.84
16.61
14.83
9.61
13.77
10.12
10.73
11.99
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,525
1,707
890
LT Borrowings
- -
- -
- -
LT Finance Leases
17
47
41
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
56,624
57,734
56,957

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
86,660
87,781
99,820
Cash, Cash Equivalents & STI
36,974
42,419
45,182
Accounts Receivable, Net
- -
19,939
28,710
Inventories
25,013
23,231
22,350
Total Current Liabilities
17,652
15,451
23,264
Payables & Accruals
- -
- -
- -
ST Debt
2,525
1,707
890
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.74%
9.87%
8.32%
Free Cash Flow
-136.21%
-311.77%
-17.14%
Net Income, GAAP
34.32%
4.57%
15.64%
Sales/Revenue/Turnover
9.25%
3.51%
6.46%
Total Cash Common Dividend
- -
6.03%
-8.52%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35,306
34,185
29,883
29,337
128,711
2025
33,298
34,759
34,865
34,102
137,024
2026
38,993
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
311
255
135
251.15
952
2025
285
161.21
335.47
317.6
1,099
2026
443.22
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
239.62
1.16
0.01
0.01
240.93
2025
220.32
- -
- -
- -
220.03
2026
280
- -
- -
- -
- -
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Business
Heungkuk Metaltech Co., Ltd. is a South Korea-based industrial manufacturer primarily engaged in the development, manufacturing, and global distribution of undercarriage components and precision forged steel parts for heavy construction equipment. Founded in 1974 and headquartered in Asan-si, South Korea, the company operates an integrated manufacturing framework covering hot die forging, high-frequency heat treatment, friction welding, CNC machining, and automated assembly. Its primary product portfolio comprises heavy equipment undercarriage systems, including track rollers; carrier rollers; front and rear idler assemblies; tension cylinders and track adjusters; drive sprockets; track link assemblies; and floating seals for crawler excavators, bulldozers, and crawler cranes. Additionally, the company produces precision hot die-forged industrial components, including transmission gears; gear shafts; crank mechanisms; and structural forged parts for commercial automotive and machinery applications. Heungkuk Metaltech serves major global original equipment manufacturers (OEMs)—including Volvo Construction Equipment, HD Hyundai Construction Equipment, HD Hyundai Infracore, and John Deere—as well as international aftermarket equipment channels. The company operates domestic production facilities in South Korea and maintains global manufacturing and sales subsidiaries in the United States, India, China, and Japan. In recent strategic developments, Heungkuk Metaltech announced a multi-year corporate value enhancement initiative committing to a 20% to 30% dividend payout ratio, structured capital expenditure management, and improved operational cash flows. Operationally, the company has expanded production capacity and financing support for its manufacturing operations in India to capture high-growth South Asian infrastructure demand, advanced its customer diversification strategy across North American and European markets, and integrated smart factory automation alongside proprietary water-spray heat treatment and friction welding technologies to improve cost competitiveness and component durability.