1. South Korea Stocks

  2. •

    Producer manufacturing

  3. •

    Auto parts: OEM
THN Corporation

THN Corporation

KKRX:019180
4,450.00
KRW
-75.00
(-1.66%)
4,163.06EPS
1.49P/E
113.22BMarket Cap
THN Corporation
KRX:019180
(Korea Stock Exchange)

Recent

price

4,450.00

P/E

ratio

1.49

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
9,185.42
10,314.13
11,540.62
15,962.74
16,228.94
19,591.39
17,421.78
17,382.81
20,726.54
22,342.09
19,248.56
22,376.6
26,062.76
32,570.43
36,169.66
54,957.19
62,797.69
Revenue per Share
194
535.74
-596
-1,657
-416
-54
886
176
280
959
-901
955
-264
1,579
1,769
3,815
4,212.34
Basic EPS, GAAP
493.24
-691.45
-2,695.48
-2,622.5
-364.78
-411.59
-916.41
137.73
598.55
-114.77
-579.56
-1,297.29
115.5
1,375.82
875.31
2,985.4
2,664.27
Free Cash Flow per Basic Share
37.95
43.14
55.04
40
39.99
9.17
50.26
55.03
50.04
50
60.01
30
49.94
50
60
60.01
- -
Dividend per Share
2,320.98
3,542.81
2,697.56
1,404
759.13
1,795.6
1,991.03
2,099.96
2,229.03
3,502.56
3,740.87
4,825.89
4,826.74
6,195.85
8,221.13
12,483.11
15,034.12
Book Value per Share
2,284.97
3,461.02
2,618.69
1,315.32
701.22
1,750.57
1,937.71
2,032.16
2,161.07
3,435.45
3,676.59
4,762.68
4,743.23
6,110.41
8,102.99
12,365.99
14,918.59
Tangible Book Value per Share
16
14
14
14
14
14
17
18
18
18
18
18
18
18
18
18
18
Basic Weighted Avg Shares
142,660
146,088
162,925
225,496
229,347
276,198
293,816
312,717
372,769
402,191
346,399
402,733
469,667
586,298
651,079
989,134
1,130,176
Sales/Revenue/Turnover
6.54
4.79
-7.58
-9.12
0.28
2.19
3.56
3.1
3.01
5.35
2.56
4.93
0.24
7.34
4.76
7.08
6.98
Operating Margin (%)
2,337
2,380
3,042
5,019
6,068
5,560
6,464
6,757
6,805
8,007
9,538
9,044
10,963
13,560
15,199
18,489
20,369
Depreciation Expense
3,013
7,588
-8,414
-23,407
-5,879
-761
14,942
3,166
5,036
17,263
-16,215
17,188
-4,757
28,423
31,843
68,663
75,810
Net Income, GAAP
23.77
14.39
- -
- -
- -
156.84
20.06
30.62
43.5
28.22
- -
29.29
371.82
26.33
12.9
16.11
21.03
Effective Tax Rate (%)
2.11
5.19
-5.16
-10.38
-2.56
-0.28
5.09
1.01
1.35
4.29
-4.68
4.27
-1.01
4.85
4.89
6.94
6.71
Profit Margin (%)
2,207
-32,031
-47,253
-73,457
-77,817
-36,661
-31,766
-39,924
-27,281
-9,600
7,705
2,307
-5,882
-9,484
9,679
54,025
67,036
Working Capital
1,035
1,303
8,048
25,828
28,333
27,337
26,409
20,295
24,172
34,125
59,823
54,888
70,261
55,321
59,799
31,465
3,400
LT Debt
57,264
51,412
39,739
19,868
9,223
21,923
36,127
38,091
40,257
63,061
66,784
87,689
91,434
118,206
147,980
226,187
271,825
Total Equity
8.9
7.41
- -
- -
- -
-2.66
6.9
5.57
5.16
10.58
- -
6.63
-1.28
13.07
10.16
18.38
18.95
Return on Invested Capital (%)
-0.74
10.73
- -
- -
- -
-0.87
16.31
5.11
6.28
14.1
- -
10.18
-8.37
14.41
13.49
23.39
24.98
Return on Capital (%)
9.37
18.06
-19.09
-80.8
-38.48
-4.22
48.83
8.6
12.93
33.47
-24.87
22.29
-5.48
28.65
24.54
36.85
35.14
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
88,599
82,127
96,713
LT Borrowings
24,728
23,362
3,400
LT Finance Leases
6,737
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
18
18
Market Capitalization
143,100
137,340
113,220

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
390,432
410,900
448,917
Cash, Cash Equivalents & STI
92,235
77,881
93,498
Accounts Receivable, Net
80,721
103,934
99,268
Inventories
192,052
198,987
221,096
Total Current Liabilities
336,408
342,338
381,881
Payables & Accruals
- -
- -
- -
ST Debt
88,599
82,127
96,713
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.14%
28.58%
52.85%
Free Cash Flow
198%
261.9%
241.02%
Net Income, GAAP
-293.71%
-180.69%
115.63%
Sales/Revenue/Turnover
14.67%
24.14%
51.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
142,889
168,571
163,007
176,612
651,079
2025
170,386
252,542
276,922
289,283
989,134
2026
276,275
287,697
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
415
565
479
310.05
1,769
2025
222
1,039
1,233.51
1,320.39
3,815
2026
914.25
744
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
60
2025
- -
- -
- -
- -
60.01
2026
- -
- -
- -
- -
- -
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Business
THN Corporation (KRX: 019180), founded in 1986 and headquartered in Daegu, South Korea, manufactures and sells automotive electronics, specializing in electric and electronic distribution systems for internal combustion engine, hybrid, and electric vehicles. The company offers wire harnesses including high-voltage variants for 600V electric vehicle environments with safety and electromagnetic shielding features; junction blocks such as smart junction blocks using CAN networks and IPS elements, high-voltage junction blocks for power distribution from batteries to components and converters; integrated control units (ICU) for consolidated vehicle system communications and controls; electronic control network products encompassing vehicle data monitoring systems (VMS), Ethernet gateways, power-net safety control units (PSU), electrical energy management (EEM), 12-48V converters, and E-DPC 12-12 converters; EV components like pilot relay assemblies (PRA), on-board chargers (OBC), low-voltage DC-DC converters (LDC), and in-cable control boxes (ICCB); as well as lightweight wiring solutions including AL wires, PK materials, FFC flexible flat cables, and wire compression technologies. THN Corporation operates production facilities in South Korea, China, Philippines, Vietnam, Mexico, Brazil, and Paraguay, supplying major customers such as Hyundai Motor Company and affiliates on an OEM basis while pursuing advancements in eco-friendly and autonomous vehicle technologies. In recent developments, the company established THN Automotive Systems Vietnam Co., Ltd. in April 2024 and THN Autoparts Mexico, S.A. de C.V. in October 2023 to support global expansion; completed the acquisition of the wiring harness division from JSN Corporation for approximately KRW 9.8 billion in May 2025; and maintains a 28.3% R&D personnel ratio with milestones including being the world's first supplier of components for Hyundai's Nexo FCV.