CS BEARING Co., Ltd.
KKRX:2970904,110.00
KRW
-40.00
(-0.96%)
ISIN
KR7297090003
Return %
Stock
S&P 500
1Y
-43.93
13.14
3Y
-57.80
80.78
5Y
-58.85
67.74
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Chang-Hun Kim
- Full Time Employees
- 28
- Sector
- Producer manufacturing
- Industry
- Metal fabrication
- Address
- Seoul South Korea
- IPO Date
- Nov 21, 2019
- Website
- csbrg.com
- Similar Companies
- Business
- CS BEARING Co., Ltd. is a South Korea-based manufacturing company primarily engaged in the design, engineering, production, and distribution of precision slewing bearings for the global renewable energy and industrial machinery sectors. The company operates through specialized business segments dedicated to wind turbine components and heavy industrial rotating assemblies. Its core product portfolio includes pitch bearings, which connect the wind turbine blades to the rotor hub to adjust blade angles and regulate aerodynamic efficiency; yaw bearings, which link the nacelle to the tower structure to rotate and orient the turbine directly into the wind; main shaft bearings, designed to support heavy rotational drivetrains and dynamic mechanical loads; and industrial slewing bearings, utilized in construction equipment, excavators, port cranes, marine winches, and heavy material handling systems. CS BEARING supplies leading multinational wind turbine original equipment manufacturers (OEMs) and industrial engineering enterprises across North America, Europe, and the Asia-Pacific region. The company maintains research, administrative, and manufacturing facilities in South Korea and conducts large-scale automated manufacturing through its overseas subsidiary, CS Bearing Vietnam Co., Ltd. In recent developments, CS BEARING has completed phased capacity expansions at its Vietnam production facilities to increase annual manufacturing volume, optimize cost structures, and address heightened global wind energy demand driven by international renewable energy policies such as the United States Inflation Reduction Act. The company has also advanced strategic customer diversification initiatives, expanding product validation and commercial supply arrangements with global turbine OEMs including Vestas and Siemens Gamesa alongside its legacy supply base, while accelerating the engineering and commercialization of large-diameter pitch and yaw bearings tailored for next-generation 10-megawatt to 15-megawatt offshore wind turbine platforms. Founded in 2007 and headquartered in Seongnam-si, Gyeonggi-do, South Korea, CS BEARING Co., Ltd. operates as a subsidiary of CS Wind Corporation.