HB SOLUTION CO. LTD.

HB SOLUTION CO. LTD.

KKRX:297890
1,442.00
KRW
+3.00
(+0.21%)
570.88EPS
3.14P/E
135.68BMarket Cap
Nov 18Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
21,601.73
2,166.05
2,472.18
866.35
978.19
2,808.04
1,445.88
1,799.65
858.89
513.68
Basic EPS, GAAP
4,001.25
454.75
389.25
-93.5
127.25
652.5
1,137
-284
362
590.48
Free Cash Flow per Basic Share
9,705.7
124.3
433.08
111.03
-556.63
621.99
181.1
-515.82
-108.16
-617.25
Dividend per Share
- -
- -
- -
4.11
- -
- -
36.83
28.42
29.99
- -
Book Value per Share
545.09
650.79
1,074.83
1,596.35
1,555.95
2,188.82
3,318.84
3,020.54
3,366.64
3,758.26
Tangible Book Value per Share
543.93
649.51
1,070.06
1,588.28
1,537.55
2,172.41
3,305.9
2,977.21
3,325.28
3,714.2
Basic Weighted Avg Shares
1
23
19
24
48
67
67
73
73
73
Sales/Revenue/Turnover
27,651
49,643
46,857
21,082
46,773
187,600
96,170
131,531
62,849
37,568
Operating Margin (%)
27.97
24.2
23.31
-7.64
1.43
14.46
7.03
14.7
6.99
-10.46
Depreciation Expense
111
106
524
566
1,012
1,308
1,346
1,192
1,754
2,262
Net Income, GAAP
5,122
10,422
7,378
-2,275
6,085
43,592
75,625
-20,757
26,489
43,185
Effective Tax Rate (%)
19.59
23.96
26.75
- -
- -
10.55
21.67
- -
20.85
21.53
Profit Margin (%)
18.52
20.99
15.75
-10.79
13.01
23.24
78.64
-15.78
42.15
114.95
Working Capital
11,440
20,284
31,411
31,384
81,574
48,250
65,764
46,266
47,498
41,624
LT Debt
- -
- -
111
42
34,875
155
110
25,167
26,604
1,599
Total Equity
15,357
18,335
30,282
45,397
103,865
142,998
229,815
220,932
247,319
275,930
Return on Invested Capital (%)
- -
48.31
30.13
- -
- -
14.75
2.4
- -
1.26
-0.99
Return on Capital (%)
- -
63.68
33.44
- -
- -
28.22
35.3
- -
9.65
14.1
Return on Common Equity (%)
- -
61.87
30.35
-6.01
8.15
35.32
40.57
-9.21
11.34
17.01

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
17,254
43,015
62,920
LT Borrowings
26,431
1,369
1,401
LT Finance Leases
172
254
198
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
73
73
73
Market Capitalization
153,596
138,163
135,676

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
74,625
105,490
118,646
Cash, Cash Equivalents & STI
58,885
85,192
95,667
Accounts Receivable, Net
4,169
13,653
6,393
Inventories
5,646
5,526
10,353
Total Current Liabilities
27,126
63,132
77,022
Payables & Accruals
- -
- -
- -
ST Debt
17,254
43,015
62,920
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
47.05%
11.94%
Free Cash Flow
- -
-380.83%
-79.01%
Net Income, GAAP
- -
-6.51%
-227.62%
Sales/Revenue/Turnover
- -
71.75%
-52.22%
Total Cash Common Dividend
- -
- -
5.63%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,688
47,754
32,361
39,728
131,531
2025
20,128
30,016
6,359
6,346
62,849
2026
14,692
10,171
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
304
-266
-206
-113.21
-284
2025
40
148
182.25
-8.29
362
2026
184.55
232
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
28.42
2025
- -
- -
- -
- -
29.99
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jae-Won Lee
Full Time Employees
238
Sector
Electronic technology
Industry
Semiconductors
Address
Asan-si South Korea
IPO Date
Jun 22, 2020
Business
HB SOLUTION CO. LTD. is a South Korea-based technology company engaged in the design, engineering, and manufacturing of advanced automated process, inspection, and measurement equipment for the display, semiconductor, and secondary battery industries. Founded in 2001 as LET Co., Ltd. and established in its current form through a July 2021 merger with optical metrology specialist K-MAC Co., Ltd., the company operates as a core equipment subsidiary of HB Technology Co., Ltd. within the HB Group. Headquartered in Sejong-si, South Korea, with manufacturing facilities in Asan-si and an R&D center in Pangyo, the company supplies specialized manufacturing systems to leading display panel makers, semiconductor fabricators, and electronic component manufacturers across South Korea, China, Vietnam, and other international markets. The company operates across four primary business segments: Display Module and Automation Equipment, Display Front-End and Optical Metrology Systems, Semiconductor Metrology Equipment, and Secondary Battery Inspection Systems. Its product and service portfolio encompasses: Display Back-End and Module Automation Systems, including proprietary Edge Light Blocking (ELB) ultra-precision resin dispensers engineered to eliminate light leakage around punch-hole cameras and curved edges in mobile and IT OLED panels, optical clear resin (OCR) and optical clear adhesive (OCA) vacuum laminators, panel bonding machines, cover window assembly modules, and automated optical inspection (AOI) sorting handlers; Display Front-End and Optical Metrology Instruments, including inline spectroscopic ellipsometers, reflectometers, thin-film thickness measurement tools, chamber visual inspection equipment, color defect analyzers, and substrate-level macro defect inspection platforms; Semiconductor Metrology and Defect Analysis Equipment, led by Nano-MEIS (Medium Energy Ion Scattering) non-destructive atomic-layer depth profiling and chemical composition metrology tools used for ultra-thin film and gate dielectric analysis in advanced wafer fabrication; Precision Inkjet Printing Solutions, comprising high-precision deposition systems for OLED thin-film encapsulation (TFE), quantum dot (QD) color conversion layering, and micro-patterning; and Secondary Battery Manufacturing Equipment, consisting of high-speed electrode sheet slitting width measurement tools and automated quality verification inspection systems. In recent developments, HB Solution has accelerated its strategic expansion across next-generation microdisplays, advanced semiconductor metrology, and high-growth OLED manufacturing supply chains. The company secured major multi-million-dollar equipment supply agreements in 2026 with Samsung Display Vietnam (SDV) for next-generation display production lines running through 2027, building on substantial international equipment delivery contracts executed with Chengdu BOE Display Technology in China. To optimize production capacity and drive research synergies across HB Group affiliates, the company has consolidated its regional manufacturing and engineering infrastructure into a unified corporate campus in Sejong-si. On the technological front, HB Solution is serving as the lead organization for a South Korean Ministry of Trade, Industry and Energy national R&D project running through 2027 focused on artificial intelligence-driven simultaneous full-sheet inspection systems for OLED-on-Silicon (OLEDoS) microdisplays utilized in Extended Reality (XR) hardware, co-registering multiple core inspection patents. Concurrently, the company continues the qualification and commercial deployment of its Nano-MEIS semiconductor metrology platforms with tier-one semiconductor integrated device manufacturers and global foundries.