1. South Korea Stocks

  2. •

    Producer manufacturing

  3. •

    Auto parts: OEM
Sangsin Brake Co., Ltd.

Sangsin Brake Co., Ltd.

KKRX:041650
2,010.00
KRW
-30.00
(-1.47%)
280.75EPS
8.71P/E
40.85BMarket 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
15,776.76
17,375.58
18,757.5
19,607.44
19,860.06
19,549.64
20,284.76
17,965.86
20,516.27
25,210.94
29,717.24
29,879.31
28,013.99
27,681.54
Basic EPS, GAAP
875
1,027
1,354
1,005
1,190
423
210
-137
506
37
726
840
-615
242.22
Free Cash Flow per Basic Share
96.55
-1,097.86
-9.27
886.35
-752.69
-52.86
-709.08
32.87
-188.11
-1,871.63
88.23
740.81
1,338.66
3.04
Dividend per Share
151.74
145.07
163.31
189.71
174.71
188.95
115.74
176.34
50.02
83.72
103.38
114.12
116.65
- -
Book Value per Share
4,962.76
5,714.61
6,992.64
7,822.38
8,587.49
8,669.32
8,788.1
8,450.65
9,388.75
9,850.72
10,590.02
11,619.52
10,943.77
11,382.51
Tangible Book Value per Share
4,733.93
5,448.26
6,639.57
7,523.11
8,151.03
8,241.08
8,622.5
8,308.41
9,275.69
9,728.69
10,483.4
11,455.61
10,816.14
11,260.41
Basic Weighted Avg Shares
19
19
19
19
19
19
19
19
19
19
19
19
19
19
Sales/Revenue/Turnover
305,342
336,506
363,029
379,554
384,512
378,699
391,906
349,042
397,023
489,015
575,491
578,555
542,261
535,652
Operating Margin (%)
8.54
7.92
9.91
8.14
9.35
5.47
4
2.25
3.07
2.88
4.79
3.57
-0.25
0.57
Depreciation Expense
14,509
15,472
17,612
17,892
17,383
19,097
22,113
21,940
21,644
23,436
24,567
22,569
22,402
22,491
Net Income, GAAP
16,935
19,890
26,205
19,454
23,040
8,194
4,057
-2,662
9,792
718
14,059
16,265
-11,904
4,687
Effective Tax Rate (%)
21.92
22.46
20.77
27.89
22.69
35.5
57.18
209.61
29.77
87.32
20.44
29.44
- -
31.16
Profit Margin (%)
5.55
5.91
7.22
5.13
5.99
2.16
1.04
-0.76
2.47
0.15
2.44
2.81
-2.2
0.88
Working Capital
14,143
909
9,852
32,483
43,657
45,870
44,988
38,678
33,897
25,468
35,409
45,950
49,096
66,499
LT Debt
32,383
25,269
30,399
34,693
49,963
51,131
56,145
45,288
32,958
36,922
27,784
14,338
17,966
19,572
Total Equity
100,105
113,566
139,339
155,803
171,444
173,469
176,881
170,173
188,455
197,589
211,835
232,638
219,148
227,692
Return on Invested Capital (%)
10.33
9.3
11.14
8.03
9.15
3.94
1.85
-2.32
2.2
0.41
4.78
3.09
- -
0.46
Return on Capital (%)
9.83
10.83
11.22
7.92
8.54
3.13
1.54
-2.54
3.3
0.38
5.46
5.16
- -
2.35
Return on Common Equity (%)
19.13
19.24
21.3
13.57
14.5
4.91
2.4
-1.6
5.67
0.39
7.11
7.57
-5.45
2.21

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
207,931
221,517
216,667
LT Borrowings
16,779
17,291
16,424
LT Finance Leases
1,187
3,392
3,148
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
52,370
48,982
40,850

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
361,128
375,687
382,019
Cash, Cash Equivalents & STI
48,673
44,420
44,431
Accounts Receivable, Net
151,819
161,934
176,396
Inventories
143,631
153,856
146,711
Total Current Liabilities
312,031
313,615
315,520
Payables & Accruals
- -
- -
- -
ST Debt
207,931
221,517
216,667
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.8%
5.36%
-5.8%
Free Cash Flow
-786.93%
188.55%
80.64%
Net Income, GAAP
85.31%
228.19%
-173.19%
Sales/Revenue/Turnover
4.58%
9.77%
-6.27%
Total Cash Common Dividend
6.27%
6.37%
2.19%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
143,636
147,459
146,049
141,410
578,555
2025
143,991
142,864
135,575
119,830
542,261
2026
130,338
149,909
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
266
258
-128
444.91
840
2025
-10
-685
-132.87
212.85
-615
2026
133.18
29
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
114.12
2025
- -
- -
- -
- -
116.65
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Se-Jong Park
Full Time Employees
622
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
90 Techno Chungangdae-ro Daegu DA South Korea 43023
IPO Date
Oct 27, 2004
Website
sangsin.com
Similar Companies
Bosch Limited (NSE:BOSCHLTD)
Sona BLW Precision Forgings Ltd. (NSE:SONACOMS)
Samvardhana Motherson International Limited (NSE:MOTHERSON)
Cummins India Limited (NSE:CUMMINSIND)
Exide Industries Limited (NSE:EXIDEIND)
Sumitomo Electric Industries, Ltd. (TSE:5802)
Business
Sangsin Brake Co., Ltd. Sangsin Brake Co., Ltd. manufactures and sells automotive brake friction materials and related components for passenger vehicles, commercial vehicles, and specialized applications. The company produces brake pads, brake shoe assemblies, brake assemblies, brake linings for buses and cargo vehicles, rail brakes, retarders, brake systems, tuning parts, yaw brakes, brake discs and drums, and brake parts under the HI-Q, HAGEN, HARDRON, and Hardron-Z brands; its products serve racing and premium cars, passenger and foreign vehicles, taxis, buses, and other commercial vehicles with features including non-asbestos materials, low noise, reduced dust, high brake force, and compliance with North American and European environmental regulations. Sangsin Brake Co., Ltd. operates manufacturing facilities in South Korea, China, India, the United States, Mexico, and Brazil, with headquarters in Daegu, South Korea, and plants in Dalsung-gun, Daegu Metropolitan City; founded in 1975, it was formerly Sangsin Brake Ind. Co., Ltd. until a name change in March 2002, and maintains subsidiaries including Sangsin ENG for production and testing equipment. The company holds the leading market share in Korea's brake friction materials sector, supplies original equipment manufacturers such as Hyundai and Kia Motors for commercial vehicles, and employs advanced technologies like NVH tuning, optimized friction material mixes, and raw material convergence for safety and durability; it targets global expansion through local plants, a U.S. sales entity, and a Middle East branch. In June 2024, Sangsin Brake Co., Ltd. partners with a material science firm to develop next-generation eco-friendly brake pad materials; it advances preparations for electric vehicles by developing noncontact brake auxiliary devices and ensures compliance with 2025 NSF copper regulations across friction materials.