HanJung NCS Co., Ltd.

HanJung NCS Co., Ltd.

KKRX:107640
45,900.00
KRW
-3,550.00
(-7.18%)
792.57EPS
73.40P/E
426.96BMarket Cap
Nov 13Next Earn
2012 Y
2013 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
16,703.41
16,517.94
17,429.55
19,576.71
18,901.32
19,888.67
21,839.71
18,759.48
23,031.47
16,871.63
17,078.53
21,881.61
19,352.7
21,725.46
Basic EPS, GAAP
380
249.49
-173
-290
-343
322
77
-1,125
-478
-3,841
-2,310
2,136
450
641.66
Free Cash Flow per Basic Share
-3,302.49
-339.25
-759.82
-1,954.88
-1,956.28
1,752.05
-954.7
-1,326.23
-644.38
-2,773.15
-1,720.47
-570.56
-5,218.77
-7,421.3
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4,075.34
5,946.29
5,321.19
5,031.8
4,698.2
5,590.46
5,667.14
4,759.76
4,506.09
3,660.66
1,890.91
9,098.51
10,823.34
11,137.04
Tangible Book Value per Share
3,992.33
5,737.59
5,028.58
4,666.12
4,299.5
5,198.68
5,330.85
4,522.01
4,275.47
3,579.22
1,805.69
9,006.78
10,722.23
10,882.9
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
5
7
8
9
9
Sales/Revenue/Turnover
61,786
61,116
64,307
72,549
70,086
75,383
82,544
71,165
89,564
88,517
121,551
177,258
175,265
196,893
Operating Margin (%)
3.58
3.8
1.31
0.72
0.39
4.73
2.7
-5.14
1.89
-15.73
-10.43
5.4
2.3
3.1
Depreciation Expense
2,239
2,822
3,197
3,379
3,941
3,852
4,321
4,519
4,619
4,788
4,728
5,137
5,991
6,349
Net Income, GAAP
1,406
923
-638
-1,075
-1,272
1,220
291
-4,268
-1,859
-20,152
-16,441
17,303
4,075
5,815
Effective Tax Rate (%)
23.81
42.05
- -
- -
- -
24.09
10.02
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
2.27
1.51
-0.99
-1.48
-1.81
1.62
0.35
-6
-2.08
-22.77
-13.53
9.76
2.33
2.95
Working Capital
-1,485
-680
-2,493
-7,767
-8,110
-5,677
-7,917
-5,123
-15,393
-8,895
-22,141
25,173
-10,531
-17,564
LT Debt
11,226
8,685
16,177
21,788
15,924
16,899
16,202
24,819
13,827
30,414
40,371
35,946
36,690
42,409
Total Equity
15,079
23,001
19,688
18,618
17,830
21,216
21,507
18,063
18,008
28,300
13,496
80,417
100,173
103,561
Return on Invested Capital (%)
- -
3.22
- -
- -
- -
4.45
3.15
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
4.58
- -
- -
- -
4.11
3.11
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
4.98
-3.06
-5.61
-6.98
6.25
1.36
-21.57
-10.31
-91.46
-83.21
36.13
4.52
6.36

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
43,687
58,098
58,458
LT Borrowings
26,169
22,804
28,241
LT Finance Leases
14,821
13,886
14,168
Preferred Equity and Hybrid Capital
223
- -
223
Shares Outstanding
9
9
9
Market Capitalization
317,726
425,599
426,959

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
119,878
105,306
99,794
Cash, Cash Equivalents & STI
75,319
57,290
34,631
Accounts Receivable, Net
11,780
20,026
24,229
Inventories
25,742
21,609
26,743
Total Current Liabilities
87,799
115,837
117,357
Payables & Accruals
- -
- -
- -
ST Debt
43,687
58,098
58,458
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
51.97%
105%
24.57%
Free Cash Flow
112.7%
254.98%
922.56%
Net Income, GAAP
-112.43%
125.51%
-76.45%
Sales/Revenue/Turnover
11.94%
21.34%
-1.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
30,627
43,646
47,596
55,389
177,258
2025
33,104
36,429
45,865
59,867
175,265
2026
54,732
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-112
245
158
1,639.49
2,136
2025
-68
8.73
62.72
446.52
450
2026
123.56
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

CEO
Hwan-Sik Kim
Full Time Employees
327
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
379 Yeongcheonsandan-ro Yeongcheon-si NG South Korea 38899
IPO Date
Dec 10, 2016
Website
hjncs.com
Business
HanJung Natural Connectivity System.co.,Ltd manufactures and sells automobile and energy storage device parts primarily in South Korea. Its main products include HVAC system parts such as cooling fan modules, active air flaps, and air guards; electric vehicle (EV) parts including PHEV and BEV battery modules, electric vacuum pumps, EVP controllers, vacuum switches and sensors, motor brush holders, EV power relay assemblies, and single switch assemblies; energy storage system (ESS) parts comprising ESS cell inner spacers, battery modules, hybrid busbar assemblies, pack module assemblies, and fire spray nozzles; and portable ESS products like the CUBEGEN 1000. The company operates primarily in the automotive and energy storage equipment industries, serving electric vehicle manufacturers and energy storage markets. Founded in 1995, it is headquartered in Yeongcheon-si, South Korea. In recent major developments, HanJung Natural Connectivity System.co.,Ltd secured approximately KRW 30 billion in funding from institutional investors including Hanyang Securities, Kiwoom Securities, and Friend Investment Partners in September 2025, strengthening its capital base. The company also fully owns HanJung America Co., a US subsidiary that issued $20 million in convertible preferred shares in November 2025, indicating strategic expansion and financing in international markets. Additionally, the company delisted from the KONEX market in June 2024 to focus on its KOSDAQ listing, reflecting a move to optimize its capital market presence. HanJung has reported strong financial improvements, with growing sales predominantly in South Korea and slight overseas sales, reinforcing its leading position in auto parts and energy storage system components. HanJung Natural Connectivity System.co.,Ltd operates through two segments: Automotive Parts, focusing on EV battery parts, brake systems, and air conditioning system components, and Energy Storage Systems, focusing on production and sales of energy storage device components. The company employs over 260 people and targets automotive manufacturers, especially electric vehicle makers, along with the energy storage sector across domestic and select international markets. The company combines manufacturing capabilities with ongoing strategic funding and subsidiary expansions to maintain innovation in electric vehicle parts and energy storage solutions.