1. South Korea Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Shindo Eng Lab Ltd.

Shindo Eng Lab Ltd.

KKRX:290520
1,416.00
KRW
-30.00
(-2.07%)
-69.83EPS
23.07BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
128,937.26
14,863.95
3,740.12
6,534.89
2,811.26
1,239.43
1,414.84
1,320.25
676.36
2,011.46
2,510.46
Basic EPS, GAAP
14,200
3,537
267.5
1,129
-302
51
-26
-213
-36
114
-69.83
Free Cash Flow per Basic Share
-1,776.04
2,375.37
-398.27
1,032.21
-436.11
232.92
-80.79
-36.51
704.44
-326.88
-536.31
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
406.05
1,531.1
1,922.03
2,956.48
3,940.34
3,950.4
3,913.08
3,686.02
3,645.93
3,765.59
3,342.07
Tangible Book Value per Share
326.03
1,302.41
1,720.09
2,820.33
3,863.49
3,921.29
3,886.94
3,675.22
3,645.92
3,764.32
3,340.19
Basic Weighted Avg Shares
- -
4
13
13
15
32
15
16
16
16
16
Sales/Revenue/Turnover
52,481
61,886
49,696
84,802
41,572
39,794
21,815
20,755
10,598
31,923
39,498
Operating Margin (%)
11.09
25.32
5.25
19.98
-7.22
-7.03
-17.11
-12.1
-38.65
5.66
-13.37
Depreciation Expense
889
778
801
1,319
1,352
1,279
1,022
928
852
126
184
Net Income, GAAP
5,780
14,726
3,554
14,651
-4,466
1,637
-401
-3,348
-564
1,809
-1,099
Effective Tax Rate (%)
19.91
14.04
25.84
7.61
- -
15.53
198.95
- -
- -
- -
- -
Profit Margin (%)
11.01
23.8
7.15
17.28
-10.74
4.11
-1.84
-16.13
-5.32
5.67
-2.78
Working Capital
-2,297
13,520
17,896
23,938
30,539
32,383
32,090
32,813
39,071
41,468
34,033
LT Debt
5,960
- -
4,000
5,611
1,151
688
295
27
260
114
559
Total Equity
6,515
24,566
30,838
47,435
63,528
62,164
61,577
58,004
57,373
59,256
52,591
Return on Invested Capital (%)
- -
51.77
4.96
27.97
- -
-3.08
5.21
- -
- -
- -
- -
Return on Capital (%)
- -
62.24
10.15
27.45
- -
2.5
-0.86
- -
- -
- -
- -
Return on Common Equity (%)
- -
94.76
12.83
37.44
-8.05
2.61
-0.65
-5.6
-0.98
3.1
-2.07

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
328
207
539
LT Borrowings
- -
- -
- -
LT Finance Leases
114
93
559
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
28,514
36,193
23,069

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
44,339
44,964
36,907
Cash, Cash Equivalents & STI
37,111
31,152
29,038
Accounts Receivable, Net
3,620
2,831
3,977
Inventories
1,266
8,007
1,429
Total Current Liabilities
2,871
3,501
2,874
Payables & Accruals
- -
- -
- -
ST Debt
328
207
539
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-1.34%
3.28%
Free Cash Flow
- -
-511.3%
-147%
Net Income, GAAP
- -
-5.96%
-420.75%
Sales/Revenue/Turnover
- -
19.59%
201.23%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,972
3,155
2,540
2,932
10,598
2025
636
749
4,418
26,120
31,923
2026
1,340
7,619
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
41
19
-60
-37.7
-36
2025
-62
-174
117.37
233.24
114
2026
34.25
-455
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Wung-Gi Park
Full Time Employees
74
Sector
Producer manufacturing
Industry
Industrial machinery
Address
Siheung-si South Korea
IPO Date
Jul 6, 2020
Website
lcd.co.kr
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Business
Shindo Eng Lab Ltd. is a South Korea-based industrial machinery manufacturer specializing in display processing equipment, automotive display bonding systems, and clean-energy production machinery. Founded in 2000 and headquartered in Gimpo, South Korea, the company designs, develops, and manufactures precision equipment utilized in the manufacturing of organic light-emitting diode (OLED), flexible, foldable, and automotive displays. The company's core product and service portfolio includes vacuum laminating systems, comprising 3D curved laminators, optical clear adhesive (OCA) and optical clear resin (OCR) laminators, and foldable display module laminating machinery; autoclave defoaming equipment, including high-pressure thermal defoamers used for bubble elimination in optical bonding processes; automotive cockpit display bonding systems for center information displays (CID), pillar-to-pillar screens, and digital instrument clusters; micro-OLED and ultra-high-definition augmented reality/virtual reality (AR/VR) display bonding solutions; secondary battery processing equipment, such as vacuum degassing and pouch-cell laminating machines; and hydrogen fuel cell manufacturing machinery, including membrane electrode assembly (MEA) vacuum bonding and lamination systems developed in conjunction with clean energy affiliates. Shindo Eng Lab Ltd. serves leading display panel manufacturers, consumer electronics brands, automotive tier-1 suppliers, and clean energy technology developers across South Korea, China, Taiwan, and Vietnam. In recent operational and strategic developments, the company has accelerated its business diversification strategy beyond consumer smartphone displays, significantly expanding its market footprint in large-format 3D curved automotive display laminators to capture surging demand from electric vehicle interior manufacturers. Additionally, Shindo Eng Lab Ltd. has broadened its product line with next-generation OLEDoS (OLED on Silicon) bonding solutions for spatial computing devices, while scaling commercial production for hydrogen fuel cell MEA lamination and secondary battery process automation equipment to establish high-growth revenue streams across green mobility and renewable energy supply chains.