Poongsan Corporation
KKRX:10314059,500.00
KRW
-1,000.00
(-1.65%)
ISIN
KR7103140000
Return %
Stock
S&P 500
1Y
-50.00
14.39
3Y
70.98
81.42
5Y
75.52
68.62
Capital Structure
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in mil. unless spec.Working Capital
KRW
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
KRW
•
in mil. unless spec.Company Description
- CEO
- Jin Ryu
- Full Time Employees
- 3,754
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Poongsan Building Pyeongtaek-si GY South Korea 120-837
- IPO Date
- Jul 30, 2008
- Website
- poongsan.co.kr
- Similar Companies
- Business
- Poongsan Corporation is a South Korean manufacturer specializing in copper and copper alloy products, commercial ammunition, and precision forging products. Founded in 1968 and headquartered in Seoul, the company operates through two main business segments: the Copper Alloy Business and the Defense Business. Its core products include fabricated non-ferrous metals such as copper and copper alloy sheets, strips, rods, bars, wires, thin plates and tubes, bimetal sinters, coin blanks, leadframe materials, stainless steel strips, tin-plated strips, and precision forgings. The company also produces chemicals like nitrocellulose and nitroglycerine used in propellants, and precision forging products including connector parts for the electric and electronic industries, multi-gauge copper strips, precision dies, gauges, and tools. Additionally, Poongsan manufactures metal processing machinery and customized equipment for the steel, automobile, and defense industries, specializing in rolling-related products such as annealing, pickling, degreasing, buffing, tin plating, slitting machinery, scalping lines, and rolling oil coolant systems. In defense, Poongsan produces military ammunition ranging from small arms to mid- and large-size weaponry, sporting ammunition, and propellant powders. Recent significant changes at Poongsan include an investment to expand its copper and copper-alloy strip coil annealing capacity with the addition of an EBNER HICON/H2® bell annealer facility, expected to be operational in 2026. The company is actively developing new high-strength copper alloys (such as P1000HS) to meet rising technological demands from sectors like the Internet of Things and electric vehicles. Poongsan aims to generate over 1 trillion won in annual revenue from its U.S. operations and has made strategic efforts to expand its presence internationally. The company’s bimetallic coin products export to more than 70 countries and hold over 50% of the global coin blank market. Leadership changes include the chairman of Poongsan assuming a prominent role as Korea's top business lobbyist, reflecting the company's increasing strategic influence. Poongsan targets customers in the automotive, electronics, semiconductor, defense, and coin industries. It operates both domestically in South Korea and internationally, exporting its products worldwide. The company maintains an emphasis on high ethical standards and technological innovation as its core competences to sustain growth. This comprehensive product portfolio and recent developments position Poongsan Corporation as a key player in non-ferrous metal processing, defense manufacturing, and precision forging industries on a global scale.