1. South Korea Stocks

  2. •

    Non-energy minerals

  3. •

    Construction materials
HC BoKwang Industry Co., Ltd.

HC BoKwang Industry Co., Ltd.

KKRX:225530
2,345.00
KRW
-185.00
(-7.31%)
8.71EPS
233.05P/E
74.49BMarket Cap
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
1,697.67
1,617.29
922.16
1,221.67
1,079.54
1,390.44
1,571.18
1,912.77
2,405.06
2,354.18
1,755.76
1,065.79
1,181.31
Basic EPS, GAAP
211.67
406
197.33
265
132
175
237
269
332
459
144
-69
8.8
Free Cash Flow per Basic Share
497.58
-533.91
106.56
318.49
42.9
191.15
-92.67
438.27
483.54
665.11
288.18
337.11
171.52
Dividend per Share
- -
- -
44.43
101.33
114.61
48.15
49.51
96.67
149.87
300.31
149.82
150.92
- -
Book Value per Share
558.25
1,273.8
1,580.25
1,697.94
1,671.06
1,889.21
2,133.28
2,320.95
2,447.12
2,619.19
2,744.56
2,530.19
2,515.75
Tangible Book Value per Share
558.25
1,273.8
1,580.25
1,697.94
1,667.58
1,850.52
2,070.82
2,275.4
2,397.36
2,557.28
2,683.74
2,470.46
2,456.15
Basic Weighted Avg Shares
19
25
52
34
35
36
36
38
36
36
36
36
36
Sales/Revenue/Turnover
31,521
40,268
47,698
42,039
37,338
49,767
56,898
71,898
87,471
85,460
63,877
38,493
42,895
Operating Margin (%)
31.87
32.78
24.3
22.06
12.73
14.92
17.09
18.72
17.58
22.13
13.88
-12.65
-5.2
Depreciation Expense
2,751
3,070
3,638
3,925
3,812
5,731
8,128
8,181
8,956
9,192
9,131
8,940
8,805
Net Income, GAAP
3,930
10,109
10,207
9,119
4,565
6,264
8,583
10,111
12,075
16,662
5,239
-2,492
319
Effective Tax Rate (%)
12.37
21.11
20.45
21.33
21.8
22.49
13.36
24.46
22.34
20.05
21.73
- -
44.65
Profit Margin (%)
12.47
25.1
21.4
21.69
12.23
12.59
15.08
14.06
13.8
19.5
8.2
-6.47
0.74
Working Capital
-10,393
6,687
9,039
19,611
18,317
14,669
33,370
44,701
29,817
35,490
60,193
20,530
42,723
LT Debt
2,785
17,809
7,838
11,153
1,835
2,115
20,220
20,187
13,412
26,644
36,427
6,736
15,858
Total Equity
19,243
43,908
54,471
58,527
57,600
67,746
79,204
85,704
88,925
95,178
99,733
91,944
91,419
Return on Invested Capital (%)
- -
19.28
12.55
9.68
4.83
7.16
8.45
8.51
10.13
11.85
4.82
- -
-0.92
Return on Capital (%)
- -
20.98
15.08
12.95
6.93
8.69
9.68
9.8
11.32
14.32
5.63
- -
0.94
Return on Common Equity (%)
- -
32.01
20.75
16.14
7.86
9.99
11.82
12.49
13.94
18.1
5.38
-2.6
0.35

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
44,418
31,687
35,308
LT Borrowings
4,500
14,500
12,543
LT Finance Leases
2,236
1,218
3,315
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
105,927
136,815
74,494

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
70,023
67,929
88,029
Cash, Cash Equivalents & STI
9,757
3,615
4,279
Accounts Receivable, Net
6,198
5,421
9,217
Inventories
15,036
15,755
15,608
Total Current Liabilities
49,493
38,119
45,307
Payables & Accruals
- -
- -
- -
ST Debt
44,418
31,687
35,308
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.04%
3.2%
-7.81%
Free Cash Flow
-50.43%
-117.46%
16.13%
Net Income, GAAP
-12.63%
-28.18%
-147.57%
Sales/Revenue/Turnover
2.37%
-3.86%
-39.74%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15,272
19,939
13,819
14,846
63,877
2025
8,241
10,188
9,029
11,036
38,493
2026
7,861
14,969
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
56
156
-16.78
-50.62
144
2025
-51
8
0.41
-26.55
-69
2026
-41.84
77
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
149.82
2025
- -
- -
- -
- -
150.92
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yoon-Soo Kim
Full Time Employees
107
Sector
Non-energy minerals
Industry
Construction materials
Address
Daegu South Korea
IPO Date
Dec 17, 2015
Website
bokwangindustry.co.kr
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Business
HC BoKwang Industry Co., Ltd. is a South Korea-based construction materials manufacturer specializing in the extraction of mineral aggregates, the production of asphalt concrete mixtures, and the supply of ready-mixed concrete. The company operates across three primary business segments: Aggregates, Asphalt Concrete (Ascon), and Ready-Mixed Concrete (Remicon). Its product and service portfolio comprises crushed stone and fine aggregates for structural concrete and civil engineering; graded crushed stone and mixed aggregates for road base and subbase paving; standard hot-mix asphalt concrete; low-carbon warm-mix and recycled warm-mix asphalt concrete; recycled hot-mix and ambient-temperature asphalt mixtures; Good Recycled (GR) certified eco-friendly asphalt formulations derived from processed construction waste; and diverse grades of ready-mixed concrete engineered for residential, commercial, and public infrastructure applications. HC BoKwang Industry operates large-scale quarrying, processing, and batching facilities centered in Gunwi, Daegu Metropolitan City, primarily serving civil engineering contractors, municipal authorities, and construction firms across the Daegu and Gyeongsangbuk-do regions. Founded in August 2004 and headquartered in Daegu, South Korea, the company is listed on the KOSDAQ exchange (KRX:225530) and operates as a core operating subsidiary of Home Center Holdings Co., Ltd. In recent developments, the company officially changed its corporate name from Bokwang Industry Co., Ltd. to HC BoKwang Industry Co., Ltd. in July 2025 to harmonize branding across the HC Group corporate structure. Over the past two years, the company has also expanded its production of high-grade, GR-certified recycled asphalt and low-carbon paving materials to meet tightened governmental environmental standards, while scaling its operational and logistics readiness to supply construction aggregates and concrete for major regional civil projects, including the Daegu-Gyeongbuk Integrated New Airport development.