Jinsung T.E.C. Co., Ltd.

Jinsung T.E.C. Co., Ltd.

KKRX:036890
9,180.00
KRW
-110.00
(-1.18%)
1,927.41EPS
7.88P/E
318.33BMarket Cap
Nov 12Next Earn
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
8,958.81
10,171.65
9,725.07
9,393.76
12,243.82
17,757.86
17,805.46
15,590.86
21,965.95
27,103.63
24,283.86
19,543.37
23,203.06
24,635.5
Basic EPS, GAAP
112
528
703
524
502
1,086
1,102
759
856
2,276
1,422
1,049
1,633
1,993.08
Free Cash Flow per Basic Share
-199.27
-414.02
411.48
-82.36
-350.41
-1,639.83
914.74
1,260.9
-1,463.8
959.1
4,091.61
1,046.17
-1,779.71
-1,207.45
Dividend per Share
101.8
100.62
120.69
150.22
160.06
179.92
199.95
200.01
200.1
200.03
299.81
200.04
199.96
- -
Book Value per Share
3,401.98
3,901.47
4,573.09
4,981.13
5,158.7
6,041.14
6,996.13
7,494.82
8,440.72
10,493
11,615.42
13,124.23
14,674.55
15,398.89
Tangible Book Value per Share
3,315.09
3,803.42
4,476.53
4,877.3
5,057.5
5,848.81
6,591.91
7,090.52
8,060.64
10,168.06
11,272.24
12,791.43
14,359.2
15,089.71
Basic Weighted Avg Shares
19
18
18
19
20
20
20
20
20
20
20
20
20
20
Sales/Revenue/Turnover
168,183
186,369
177,317
177,810
244,351
354,679
355,564
311,241
438,324
541,014
485,119
390,515
463,820
493,633
Operating Margin (%)
4.85
8.23
8.43
6.46
7.75
7.89
8.42
7.39
5.77
12.26
8.16
6.26
10.34
10.5
Depreciation Expense
4,813
5,322
5,765
5,644
5,888
6,211
8,984
9,819
10,203
12,736
11,635
9,883
12,789
13,485
Net Income, GAAP
2,103
9,674
12,818
9,919
10,018
21,691
22,006
15,152
17,081
45,431
28,407
20,961
32,643
39,936
Effective Tax Rate (%)
35.2
15.2
20.72
20.41
26.67
21.13
25.71
33.48
28.67
28.58
25.8
26.47
28.8
25.88
Profit Margin (%)
1.25
5.19
7.23
5.58
4.1
6.12
6.19
4.87
3.9
8.4
5.86
5.37
7.04
8.09
Working Capital
56,258
54,133
40,885
42,396
44,769
50,583
56,488
60,903
71,226
121,620
145,086
144,042
134,749
137,302
LT Debt
23,876
23,565
8,220
6,585
8,348
17,269
18,070
10,904
7,747
18,578
16,363
15,137
23,588
20,905
Total Equity
62,718
71,545
86,691
99,445
102,990
120,607
139,673
149,629
168,513
209,485
232,140
262,294
297,534
312,220
Return on Invested Capital (%)
5.97
13.21
10.63
7.57
10.82
14.06
11.19
7.23
7.91
16.91
9.41
5.23
8.7
9.57
Return on Capital (%)
3.17
11.42
12.99
9.01
8.25
14.78
12.38
7.88
8.03
17.53
10.45
7.5
9.15
10.69
Return on Common Equity (%)
3.29
14.41
16.2
10.66
9.9
19.4
16.91
10.47
10.74
24.04
12.86
8.48
11.66
13.84

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
72,985
85,231
88,201
LT Borrowings
31,471
18,871
16,685
LT Finance Leases
4,817
4,718
4,220
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
250,218
273,922
318,325

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
324,765
322,033
346,336
Cash, Cash Equivalents & STI
116,412
96,936
102,262
Accounts Receivable, Net
106,860
110,638
129,546
Inventories
86,454
92,214
99,842
Total Current Liabilities
177,013
187,284
209,034
Payables & Accruals
- -
- -
- -
ST Debt
72,985
85,231
88,201
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.25%
14.83%
13.44%
Free Cash Flow
7.89%
-79.85%
-270.18%
Net Income, GAAP
23.6%
34.15%
55.73%
Sales/Revenue/Turnover
12.38%
10.64%
18.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
106,985
100,308
93,677
89,544
390,515
2025
106,563
116,719
118,335
122,203
463,820
2026
136,376
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
250
260
17
521.68
1,049
2025
330
321.33
544.18
437.12
1,633
2026
688.72
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
200.04
2025
- -
- -
- -
- -
199.96
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
219
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Pyeongtaek-si South Korea
IPO Date
Jul 20, 2000
Business
Jinsung T.E.C. Co., Ltd. is a South Korea-based industrial manufacturing company specializing in the design, development, and production of undercarriage components and modular assemblies for heavy construction and earthmoving equipment. Founded in 1975 and headquartered in Pyeongtaek, South Korea, the company operates as a critical tier-one supplier to global heavy machinery original equipment manufacturers (OEMs) as well as the aftermarket parts replacement sector. The company's core product portfolio encompasses a comprehensive range of crawler-type machinery undercarriage solutions, including track rollers, consisting of single-flange and double-flange lower rollers that distribute machine weight across tracks; carrier rollers, functioning as upper guide rollers to support and direct track chains; front idlers and idler tension assemblies, engineered to maintain track alignment and absorb operational shock loads; drive sprockets and replacement segment groups, designed to transfer drive torque to track chains; track link assemblies, crawler chains, and track shoe groups; track spring recoil mechanisms and tensioners; and high-durability floating seals (duo-cone seals) engineered to prevent lubricant leakage and protect internal rotating assemblies against abrasive contaminants in harsh operating environments. Jinsung T.E.C. operates an integrated international manufacturing and supply chain network consisting of domestic production facilities in South Korea alongside overseas production and distribution subsidiaries in the United States (Jinsung T.E.C. Inc., with operations in Georgia and Texas), China (Jinsung T.E.C. Yantai Co., Ltd.), and Thailand (Jinsung T.E.C. Thailand Co., Ltd.). The company primarily serves leading global equipment manufacturers, maintaining a long-term strategic supply partnership with Caterpillar Inc., as well as supplying HD Hyundai Infracore, HD Hyundai Construction Equipment, Doosan Bobcat, and Hitachi Construction Machinery. In recent developments, Jinsung T.E.C. has executed strategic operational shifts to concentrate capital and engineering resources exclusively on its high-demand heavy machinery undercarriage business, streamlining non-core segments. To optimize supply chain resilience and address evolving global trade dynamics, the company has accelerated the expansion of its manufacturing footprint in Southeast Asia, completing and commissioning new production facilities in Thailand and transitioning key crawler track assembly lines from China to its Thai subsidiary in coordination with major OEM partners. Additionally, Jinsung T.E.C. has expanded production capacity for compact track loader (CTL) components and enhanced its North American assembly and distribution capabilities to support elevated OEM procurement volumes driven by regional infrastructure investments and industrial manufacturing facility construction.