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    Industrial services

  3. •

    Engineering & construction
IPARK Hyundai Development Company

IPARK Hyundai Development Company

KKRX:294870
21,950.00
KRW
+950.00
(+4.52%)
2,909.89EPS
6.17P/E
1.12TMarket Cap
Jan 22Next Earn
IPARK Hyundai Development Company
KRX:294870
(Korea Stock Exchange)

Recent

price

21,950.00

P/E

ratio

6.17

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
KRW
55,627.7
83,994.96
60,368.94
51,048.73
50,030.78
64,846.34
66,337.44
64,926.16
57,899.64
Revenue per Share
4,578.37
8,240.55
3,622
2,679
764
2,678
2,427
2,476
2,909.89
Basic EPS, GAAP
8,937.24
-2,539.82
-4,399.51
185.89
-27,598.98
8,880.99
4,313.06
-1,873.97
7,994.94
Free Cash Flow per Basic Share
- -
437.54
361.28
600.02
599.75
611.8
700.1
703.25
- -
Dividend per Share
36,740.17
44,456.67
41,625.55
43,665.08
43,919.09
46,876.24
48,536.98
50,403.26
52,582
Book Value per Share
36,618.16
44,297.7
41,446.79
43,499.24
43,728.21
46,699.01
48,352.35
50,180.41
52,241.85
Tangible Book Value per Share
50
50
61
66
66
65
64
64
63
Basic Weighted Avg Shares
2,792,737
4,216,490
3,670,225
3,363,906
3,298,300
4,190,788
4,256,233
4,147,007
3,666,633
Sales/Revenue/Turnover
11.38
13.08
15.96
8.13
3.53
4.66
4.34
6
8.65
Operating Margin (%)
8,601
25,926
36,415
38,477
46,146
59,777
58,089
50,494
51,892
Depreciation Expense
229,853
413,670
220,205
176,535
50,367
173,070
155,717
158,149
184,276
Net Income, GAAP
29.23
25.99
36.65
40.12
58.47
27.06
22.25
25.9
32.35
Effective Tax Rate (%)
8.23
9.81
6
5.25
1.53
4.13
3.66
3.81
5.03
Profit Margin (%)
1,394,708
1,508,838
2,286,511
2,108,859
1,983,422
1,839,694
1,870,365
1,426,721
1,518,110
Working Capital
353,897
204,060
746,043
614,646
711,186
561,865
587,413
835,490
838,016
LT Debt
1,844,364
2,231,734
2,743,035
2,885,281
2,901,872
3,008,017
3,114,585
3,212,756
3,291,404
Total Equity
- -
15.23
10.12
3.58
0.96
2.69
2.72
3.33
3.84
Return on Invested Capital (%)
- -
15.73
6.55
4.29
1.5
3.86
3.72
3.73
4.03
Return on Capital (%)
- -
20.3
8.85
6.28
1.75
5.86
5.09
5
5.71
Return on Common Equity (%)

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,742,993
1,409,740
1,347,509
LT Borrowings
779,289
909,199
779,276
LT Finance Leases
56,201
58,962
58,740
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
63
63
Market Capitalization
1,395,929
1,280,081
1,124,218

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,718,349
4,465,106
4,619,744
Cash, Cash Equivalents & STI
971,242
745,238
911,682
Accounts Receivable, Net
1,315,283
816,001
698,351
Inventories
1,505,676
1,507,002
1,558,816
Total Current Liabilities
3,291,628
2,903,907
3,101,634
Payables & Accruals
- -
- -
- -
ST Debt
1,742,993
1,409,740
1,347,509
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
3.22%
3.15%
Free Cash Flow
- -
-3,077%
-143.25%
Net Income, GAAP
- -
28.77%
1.56%
Sales/Revenue/Turnover
- -
3.15%
-2.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
955,435
1,087,159
1,088,600
1,125,040
4,256,233
2025
905,748
1,163,210
1,053,003
1,025,045
4,147,007
2026
673,945
914,640
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
472
738
510
703.81
2,427
2025
844
825
621
180.06
2,476
2026
783
1,334
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
700.1
2025
- -
- -
- -
- -
703.25
2026
- -
- -
- -
- -
- -
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Business
HDC Hyundai Development Company engages in real estate development, construction, and related services primarily in South Korea. Founded in 1976 through the separation of Hyundai Engineering & Construction's housing business and headquartered in Seoul, the company operates across residential, architectural, civil engineering, plant, and overseas segments under the IPARK brand. It develops and constructs urban projects, multi-use complexes, large-scale apartment developments; housing units; high-rise buildings, factories, office and retail buildings, hotels, warehouses; roads, bridges, ports, infrastructure, and energy plants; as well as provides contract-based and development-type construction from land acquisition to sales, including private social overhead capital projects. Subsidiaries and affiliates include HDC I&Cons for small- to medium-sized real estate development, remodeling, and fund-raising; HDC I-Service for facility management, building operations, leasing, interior, landscaping, and elderly care; Hotel HDC for hospitality development and management of brands like Park Hyatt and VOCO; and HDC IPARKMALL for multi-use shopping malls. In recent developments, the company commenced construction of the Busan Suayeongman Yacht Stadium redevelopment project in November 2025 to create an East Asian maritime landmark, earned an A rating in the 2024 Korea ESG Standards Institute evaluation and the Grand Prize in the ESG category at the 2024 Korea Management Awards in December 2024, received the first Korea Service Quality Excellence Certification for construction firms in August 2024, and merged with Real Estate 114 in April 2025 while HDC LABS acquired its brokerage platform and data business.