Hanil Forging Industrial Co., Ltd.

Hanil Forging Industrial Co., Ltd.

KKRX:024740
2,340.00
KRW
+45.00
(+1.96%)
102.47EPS
30.99P/E
91.92BMarket 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
8,970.86
9,374.71
9,723.97
7,076.57
7,064.38
5,487.21
4,775.63
4,662.36
5,143.91
5,983.44
5,698.9
4,425.33
3,878.98
4,058.58
Basic EPS, GAAP
-235.59
-19.84
152.93
176.9
-144.66
-40
107
-114
-290
232
239
198
45
91
Free Cash Flow per Basic Share
576.03
-260.38
522.32
236.28
-794.61
-610.88
497.26
135.76
-382.29
410.98
808.31
580.2
19.17
146.3
Dividend per Share
24.84
- -
41.25
75.26
38.34
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
5,097.33
5,078.86
5,178.57
4,910.42
4,169.91
3,545.8
3,735.84
3,582.87
3,353.34
3,586.73
3,830.21
4,075.5
4,221.92
4,355.77
Tangible Book Value per Share
4,993.9
4,975.43
5,058.15
4,811.53
4,088.01
3,492.98
3,690.69
3,543.56
3,328.64
3,565.65
3,810.9
4,059.6
4,208.4
4,342.26
Basic Weighted Avg Shares
16
15
16
17
19
28
30
30
30
30
31
31
33
33
Sales/Revenue/Turnover
139,231
143,086
151,492
120,845
133,267
152,672
141,240
138,255
152,471
177,365
178,167
139,379
126,595
132,298
Operating Margin (%)
3.31
3.04
4.23
4.1
0.48
0.35
4.04
0.68
-2.2
8.22
8.51
5.95
2.78
3.97
Depreciation Expense
5,888
5,902
6,257
6,478
6,650
6,967
8,111
8,739
8,762
7,793
8,299
8,675
9,013
9,114
Net Income, GAAP
-3,656
-303
2,383
3,021
-2,729
-1,113
3,165
-3,380
-8,596
6,877
7,472
6,236
1,469
2,966
Effective Tax Rate (%)
- -
- -
38.24
19.46
- -
- -
9.02
- -
- -
18.11
16.78
27.4
- -
6.33
Profit Margin (%)
-2.63
-0.21
1.57
2.5
-2.05
-0.73
2.24
-2.45
-5.64
3.88
4.19
4.47
1.16
2.24
Working Capital
-238
-24,363
-30,360
-31,597
-26,535
-19,101
-19,755
-25,824
-17,146
-6,647
1,118
36,831
37,607
45,671
LT Debt
34,715
19,750
14,197
8,713
18,785
13,720
13,101
10,076
14,005
13,743
13,587
7,684
8,847
10,925
Total Equity
79,720
79,377
80,726
87,514
91,370
107,917
114,309
109,356
102,419
115,459
123,668
137,967
143,467
147,993
Return on Invested Capital (%)
- -
- -
2.2
2.23
- -
- -
2.52
- -
- -
5.75
5.71
2.64
- -
2.08
Return on Capital (%)
- -
- -
2.57
2.93
- -
- -
3.03
- -
- -
4.94
5.69
4.51
- -
2.92
Return on Common Equity (%)
-4.5
-0.38
2.99
3.63
-3.13
-1.15
2.94
-3.12
-8.38
6.52
6.46
4.94
1.09
2.15

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
85,575
80,500
80,310
LT Borrowings
5,669
8,235
10,496
LT Finance Leases
746
612
429
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
75,789
70,084
91,924

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
147,126
138,266
153,338
Cash, Cash Equivalents & STI
66,234
58,373
67,224
Accounts Receivable, Net
27,993
25,925
30,108
Inventories
47,845
48,898
51,039
Total Current Liabilities
112,312
100,659
107,667
Payables & Accruals
- -
- -
- -
ST Debt
85,575
80,500
80,310
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.16%
5.81%
3.99%
Free Cash Flow
-137.35%
-121.16%
-96.58%
Net Income, GAAP
-92.4%
-22.01%
-76.45%
Sales/Revenue/Turnover
-0.89%
-0.78%
-9.17%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40,798
37,137
32,506
28,938
139,379
2025
29,901
32,672
32,275
31,747
126,595
2026
35,604
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
50
79
6
62.97
198
2025
34
-11.45
38.9
-16.26
45
2026
79.81
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Jung-Young Park
Full Time Employees
138
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Jincheon-gun South Korea
IPO Date
Nov 29, 1996
Website
hifg.co.kr
Business
Hanil Forging Industrial Co., Ltd. is a South Korea-based precision manufacturing company specializing in closed-die metal forging, precision machining, and heat treatment for the automotive, defense, aerospace, and industrial machinery sectors. Founded in 1966 and headquartered in Changwon, South Korea, the company operates domestic production facilities in Changwon and Jincheon, alongside an overseas manufacturing subsidiary, Hanil Forging (Thailand) Co., Ltd., serving international automotive and industrial supply chains. The company organizes its operations across three primary business divisions: Automotive Components, Defense Munitions, and Heavy Industrial Forgings. The Automotive Components division manufactures critical powertrain, drivetrain, and chassis systems for passenger and commercial vehicles, offering axle shafts; wheel spindles; steering knuckles; universal joint spiders; differential bevel gears and side gears; hypoid gear pinions; speed gears; transmission countershafts; drive shafts; and slip and tube yokes. The Defense Munitions division operates as an authorized defense enterprise producing high-strength forgings for advanced weapon systems, offering 155mm artillery projectile bodies; 60mm, 81mm, 120mm, and 4.2-inch mortar shell casings; precision-guided missile fuselage structures and warhead projectile cases; aerial bomb bodies and fin assemblies, including 500-pound and 2,000-pound class ordnance; and tracked vehicle suspension and transmission forgings. The Heavy Industrial Forgings division manufactures heavy-duty industrial components, offering hydraulic cylinder bodies; high-torque pinion shafts; connecting rods; marine engine components; and aircraft structural forged parts. In recent developments, Hanil Forging Industrial has expanded its advanced radial forging and precision hot/cold forming capacity to support elevated global defense procurement programs and domestic aerospace munitions contracts. Operationally, the company has upgraded its production lines across its Changwon, Jincheon, and Thailand plants to address automotive industry demand for high-strength, lightweight drivetrain components and electric commercial vehicle assemblies, while strengthening its direct supply integration with major global original equipment manufacturers and tier-one partners, including Hyundai Motor Group, Hyundai Transys, Ford, GM, and Daimler.