Hwashin Precision Co., Ltd

Hwashin Precision Co., Ltd

KKRX:126640
3,040.00
KRW
-85.00
(-2.72%)
524.50EPS
2.84P/E
52.30BMarket 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
7,391.33
7,104.04
6,630.82
5,869.95
5,694.36
5,984.37
6,622.3
7,074.16
7,284.87
9,074.96
10,279.02
9,159.04
10,802.13
11,750.6
Basic EPS, GAAP
156
143
124
109
88
30
99
138
130
202
258
75
294
524.5
Free Cash Flow per Basic Share
-185.36
-16.92
72.13
134.05
60.81
62.39
86.35
160.97
-132.09
189.44
339.49
-249.92
441.96
125.29
Dividend per Share
17.95
19.75
20.01
20.07
19.92
19.8
20.09
30.11
30.07
30.02
40.05
49.86
49.97
- -
Book Value per Share
2,329.74
2,206.01
2,254.21
2,346.31
2,291.28
2,188.34
2,299.87
2,445.65
2,789.27
2,899.58
3,369.93
3,047.61
3,380.62
3,678.37
Tangible Book Value per Share
2,323.29
2,199.55
2,247.76
2,339.87
2,284.82
2,181.87
2,293.37
2,441.55
2,787.56
2,897.85
3,368.23
3,045.93
3,378.96
3,676.71
Basic Weighted Avg Shares
34
35
35
35
35
35
35
35
35
35
35
35
35
35
Sales/Revenue/Turnover
254,828
248,950
232,346
205,034
200,390
211,894
231,063
247,111
254,742
317,942
359,878
321,957
378,937
411,928
Operating Margin (%)
3.22
2.53
2.22
2.17
1.41
0.72
1.73
2.67
2.14
2.92
2.5
0.42
3.11
5.36
Depreciation Expense
3,260
4,409
4,694
4,860
5,054
5,498
5,358
6,415
6,949
7,064
7,107
6,868
7,550
7,789
Net Income, GAAP
5,378
5,011
4,345
3,807
3,097
1,062
3,454
4,821
4,546
7,077
9,033
2,636
10,313
18,387
Effective Tax Rate (%)
31.89
20.79
22.45
24.49
19.52
18.9
22.57
18.56
24.16
19.94
14.15
2.15
20.24
20.56
Profit Margin (%)
2.11
2.01
1.87
1.86
1.55
0.5
1.49
1.95
1.78
2.23
2.51
0.82
2.72
4.46
Working Capital
1,591
8,810
18,767
18,766
20,262
20,567
35,659
15,960
21,235
18,985
26,470
16,798
24,955
31,216
LT Debt
- -
- -
- -
- -
- -
- -
15,833
12,500
- -
- -
42
- -
199
449
Total Equity
80,627
77,334
79,023
82,252
80,323
76,714
80,624
85,734
97,780
101,647
118,136
106,837
118,511
128,949
Return on Invested Capital (%)
6.96
6.19
5.07
4.14
2.79
1.58
3.5
5.18
3.71
6.37
5.94
1.03
7.14
12.84
Return on Capital (%)
7.08
6.41
5.61
4.72
3.81
1.38
4.14
5.15
4.43
6.5
7.79
2.64
8.3
13.8
Return on Common Equity (%)
6.96
6.34
5.56
4.72
3.81
1.35
4.39
5.8
4.95
7.1
8.22
2.34
9.15
15.48

Capital Structure

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
15,218
20,207
15,386
LT Borrowings
- -
- -
- -
LT Finance Leases
248
199
449
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
35
35
35
Market Capitalization
43,960
45,152
52,303

Working Capital

KRW

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
87,929
101,156
136,580
Cash, Cash Equivalents & STI
40,387
49,000
33,633
Accounts Receivable, Net
31,689
35,493
84,204
Inventories
9,966
9,198
9,583
Total Current Liabilities
65,742
76,201
105,365
Payables & Accruals
- -
- -
- -
ST Debt
15,218
20,207
15,386
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.43%
7.12%
10.93%
Free Cash Flow
-63.99%
-159.43%
-276.48%
Net Income, GAAP
46.6%
59.6%
291.2%
Sales/Revenue/Turnover
5.6%
9.65%
17.7%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
79,367
83,620
68,395
90,575
321,957
2025
88,329
98,460
87,608
104,540
378,937
2026
121,320
- -
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
36
57
-64
45.87
75
2025
59
121.94
12.91
100.27
294
2026
289.38
- -
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
49.86
2025
- -
- -
- -
- -
49.97
2026
- -
- -
- -
- -
- -

Company Description

CEO
Seo-Jin Jung
Full Time Employees
255
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Yeongcheon-si South Korea
IPO Date
Aug 31, 2010
Business
Hwashin Precision Co., Ltd. is a South Korea-based automotive components manufacturer specializing in the engineering, fabrication, and supply of precision-machined chassis systems, structural body components, and processed metal materials for the global automotive industry. Founded in 1991 and headquartered in Yeongcheon-si, Gyeongsangbuk-do, South Korea, the company operates as a core manufacturing affiliate of the Hwashin Group and trades on the KOSDAQ market under the ticker 126640. The company operates primarily across automotive chassis, body structural assemblies, precision raw material processing, and eco-friendly mobility component segments. Its core product portfolio comprises front cross members, including hash-type and H-type subframes; rear cross members; front and rear suspension control arms, including upper arms, lower arms, trailing arms, and assist arms; coupled torsion beam axles; rear axle housing assemblies; spindle plates; automotive pedal assemblies; fuel tank systems; cowl cross bars; bumper rails; floor assemblies; and precision-slit steel coils and sheets. For electrified powertrains, the company offers specialized lightweight components, including high-strength aluminum front subframes, aluminum suspension control arms, and protective battery pack housing cases. Hwashin Precision supplies its components primarily to automotive original equipment manufacturers and Tier-1 suppliers, including Hyundai Motor Company, Kia Corporation, Hyundai Mobis, Hyundai Transys, GM Korea, and affiliated Hwashin Group entities across South Korea, North America, Asia, and Latin America. In recent developments, the company has expanded its manufacturing footprint in lightweight aluminum forging technologies to support higher production volumes for Hyundai Motor Group's dedicated electric vehicle platform (E-GMP) and expanding eco-friendly vehicle lineups. In addition, the company has broadened its advanced engineering focus to explore supply opportunities in robotics hardware, engaging in facility and technical evaluations with Hyundai Motor Group robotics affiliates, including Boston Dynamics, for the application of lightweight aluminum precision forging in humanoid and mobile robot structural frames and articulated joint components, while modernizing its automated press stamping and smart factory lines to enhance production efficiency and precision tolerances.