1. South Korea Stocks

  2. •

    Producer manufacturing

  3. •

    Auto parts: OEM
HL Mando Co., Ltd.

HL Mando Co., Ltd.

KKRX:204320
37,350.00
KRW
-700.00
(-1.84%)
4,049.46EPS
13.61P/E
2.30TMarket Cap
Oct 23Next Earn
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
36,729.69
113,174.62
125,286.16
24,247.29
121,006.43
127,731.53
119,163.65
131,197.81
160,278.62
178,901.64
188,431.34
201,311.87
204,251.99
Basic EPS, GAAP
1,014.2
2,686.6
4,260.6
20.4
2,257
2,360
124
3,567
2,096
2,890
2,767
2,130
3,600.78
Free Cash Flow per Basic Share
304.41
-2,422.56
-1,243.58
-317.7
-420.05
735.33
4,978.26
3,666
-6,801.9
358.46
1,594.96
7,043.07
4,473.01
Dividend per Share
- -
400.01
1,169.31
231.07
478.05
726.53
885.28
184.73
1,016.73
901.11
1,094.56
1,109.85
1,323.61
Book Value per Share
22,590.91
28,231.8
31,279.74
28,867.72
30,235.86
32,283.91
34,970.26
41,671.97
45,997.72
47,505.16
53,635.1
57,793.27
62,645.83
Tangible Book Value per Share
19,866.64
24,877.4
27,081.58
24,111.14
25,703.23
28,625
32,295.88
39,243.83
42,590.5
43,310.71
48,951.05
52,920.45
57,585.65
Basic Weighted Avg Shares
47
47
47
234
47
47
47
47
47
47
47
47
47
Sales/Revenue/Turnover
1,721,436
5,299,191
5,866,372
5,684,705
5,664,833
5,981,877
5,563,504
6,147,433
7,516,164
8,393,087
8,848,182
9,454,813
9,589,834
Operating Margin (%)
4.6
5.01
5.2
1.47
3.48
3.65
1.59
3.78
3.3
3.33
4.05
3.78
3.91
Depreciation Expense
71,857
224,701
228,601
245,033
271,702
300,590
305,795
326,798
338,813
321,785
335,402
361,293
367,344
Net Income, GAAP
47,533
125,795
199,497
4,783
105,660
110,523
5,789
167,136
98,291
135,583
129,930
100,038
169,060
Effective Tax Rate (%)
20.33
35.6
24.73
5.26
20.15
33
- -
21.7
48.57
31.51
40.39
43.6
36.77
Profit Margin (%)
2.76
2.37
3.4
0.08
1.87
1.85
0.1
2.72
1.31
1.62
1.47
1.06
1.76
Working Capital
-127,791
10,047
347,919
67,468
136,948
352,964
375,425
814,699
829,504
629,341
776,364
672,176
770,440
LT Debt
603,452
572,629
983,011
774,302
825,845
1,152,628
1,092,194
1,440,625
1,309,437
1,152,478
1,282,091
1,048,752
974,505
Total Equity
1,098,142
1,365,757
1,515,054
1,412,256
1,481,769
1,585,615
1,709,581
2,044,256
2,273,746
2,356,155
2,672,755
2,875,817
3,119,056
Return on Invested Capital (%)
- -
6.76
8.4
2.82
5.56
4.79
- -
4.75
2.98
4.31
4.56
4.12
4.65
Return on Capital (%)
- -
5.86
8.04
0.89
4.68
4.47
- -
5.12
2.53
4.11
3.61
2.83
2.92
Return on Common Equity (%)
- -
10.57
14.32
0.34
7.64
7.55
0.37
9.31
4.78
6.18
5.47
3.82
6.46

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
988,705
1,212,535
1,216,177
LT Borrowings
965,893
777,744
900,440
LT Finance Leases
82,859
75,811
74,065
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
47
47
47
Market Capitalization
2,756,383
2,303,247
2,300,899

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,719,286
3,806,491
4,060,073
Cash, Cash Equivalents & STI
808,844
705,848
834,286
Accounts Receivable, Net
1,859,048
1,983,277
2,022,050
Inventories
804,499
852,155
896,169
Total Current Liabilities
3,047,110
3,237,640
3,289,633
Payables & Accruals
- -
- -
- -
ST Debt
988,705
1,212,535
1,216,177
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.94%
11.09%
7.6%
Free Cash Flow
47.54%
53.99%
341.67%
Net Income, GAAP
473.66%
551.31%
-23.01%
Sales/Revenue/Turnover
6.26%
11.34%
6.86%
Total Cash Common Dividend
58.95%
76.69%
1.42%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,107,342
2,147,360
2,171,724
2,421,756
8,848,182
2025
2,271,045
2,400,874
2,321,278
2,461,616
9,454,813
2026
2,311,655
2,495,285
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,975
95
-1,207
905.45
2,767
2025
595
95
930.23
510.38
2,130
2026
1,017.3
1,143
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
39.42
845.11
172.35
39.4
1,094.56
2025
49.95
725.74
303.19
25.89
1,109.85
2026
76.68
918.15
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Sung-Hyun Cho
Full Time Employees
3,828
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
32, Hamanho-gil Pyeongtaek-si GY South Korea
IPO Date
Oct 6, 2014
Website
hlmando.com
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Business
HL Mando Corporation (204320.KS) manufactures and supplies automotive chassis components and advanced mobility solutions worldwide. The company offers braking systems including electronic brakes, electronic parking brakes, anti-lock braking systems, electronic stability control, and electro-mechanical brakes; steering systems encompassing electric power steering, mechanical steering, and steer-by-wire technologies; suspension products such as electronic controlled suspension, dual flow dampers, and smart damping controls; electric vehicle solutions comprising by-wire systems, power electronics, e-drive systems, on-board chargers, and hydrogen fuel cell converters; autonomous driving solutions featuring radars, cameras, lidars, domain control units, and software platforms like MiCOSA for predictive maintenance; as well as software-defined vehicle technologies, patrol robots, and environmental products including dust collection systems. HL Mando operates in 14 countries across 50 hubs, serving major original equipment manufacturers in Korea, China, the United States, India, Europe, and other regions. Founded in 1962 and headquartered in Pyeongtaek-Si, South Korea, the company, formerly known as Mando Corporation, established HL Klemove in December 2021 to advance autonomous driving technologies; launched a digital transformation product lifecycle management project in April 2025 with Samsung SDS to enhance software-defined vehicle development through 2028; received a 2024 Supplier of the Year award from General Motors in April 2025 for its brake components; invested approximately USD 700 million in North American operations; participated in a funding round for PT Sumo Teknologi Solusi in 2024; and formed a power steering joint venture in China for a new plant by 2026.