Hyosung TNC Corp.

Hyosung TNC Corp.

KKRX:298020
251,000.00
KRW
-2,500.00
(-0.99%)
38,952.93EPS
10.37P/E
1.17TMarket Cap
Oct 30Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
777,790.52
1,386,339.54
1,196,024.46
1,991,807.61
2,058,345.35
1,744,088.43
1,801,810.2
1,790,896.27
1,948,768.13
Basic EPS, GAAP
4,919
21,569
31,698
178,502.99
2,686
21,595
31,175
2,517
26,224.4
Free Cash Flow per Basic Share
-15,150.15
32,294.49
118,188.27
55,899.8
-28,387.26
78,609.7
79,709.31
-1,610.73
44,019.31
Dividend per Share
- -
3,577.23
3,983.12
6,343.48
62,604.61
17,665.87
17,028.82
10,044.34
- -
Book Value per Share
93,534.85
113,297.68
139,253.35
329,151.85
283,313.38
295,349.09
338,061.96
364,611.82
407,688.88
Tangible Book Value per Share
75,944.42
91,991.8
132,158
322,995.14
277,772.99
290,190.96
321,668.52
222,464.55
264,950.91
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
3,359,086
5,983,145
5,161,617
8,596,030
8,882,730
7,526,919
7,776,065
7,694,844
8,363,364
Operating Margin (%)
3.72
5.4
5.16
16.56
1.39
2.84
3.48
3.27
4.49
Depreciation Expense
104,120
201,325
211,197
198,212
237,142
247,783
266,767
307,626
328,763
Net Income, GAAP
21,244
93,087
136,797
770,364
11,591
93,197
134,542
10,815
112,545
Effective Tax Rate (%)
35.01
46.96
24.73
28.22
37.43
19.74
13.77
65.54
36.34
Profit Margin (%)
0.63
1.56
2.65
8.96
0.13
1.24
1.73
0.14
1.35
Working Capital
-566,572
-604,319
-411,059
355,919
-41,896
-25,682
-294,160
-588,526
-467,951
LT Debt
573,687
454,902
307,755
339,396
424,770
420,227
400,230
1,010,707
943,914
Total Equity
486,901
582,954
715,356
1,763,597
1,515,524
1,568,743
1,819,938
1,956,912
2,200,331
Return on Invested Capital (%)
- -
7.11
8.84
38.65
2.44
5.68
7.75
2.36
5.62
Return on Capital (%)
- -
4.37
6.43
21.83
1.38
5.19
4.66
0.34
2.66
Return on Common Equity (%)
- -
20.86
25.1
76.22
0.88
7.46
9.84
0.72
7.19

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,229,067
1,393,467
1,429,665
LT Borrowings
989,686
983,212
926,490
LT Finance Leases
21,022
19,207
17,424
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
954,940
1,626,618
1,167,388

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,980,890
2,253,204
2,483,974
Cash, Cash Equivalents & STI
120,402
168,858
152,806
Accounts Receivable, Net
928,529
1,071,598
1,288,083
Inventories
792,343
856,734
898,345
Total Current Liabilities
2,569,416
2,820,586
2,951,925
Payables & Accruals
- -
- -
- -
ST Debt
1,229,067
1,393,467
1,429,665
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
31.9%
7.53%
Free Cash Flow
- -
-136.2%
-102.01%
Net Income, GAAP
- -
204.21%
-91.96%
Sales/Revenue/Turnover
- -
11.38%
-1.04%
Total Cash Common Dividend
- -
165.89%
-41.28%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,879,562
1,982,565
1,936,282
1,977,657
7,776,065
2025
1,952,704
1,889,169
2,009,801
1,843,170
7,694,844
2026
2,094,242
2,416,151
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,575
9,906
5,256
5,438.74
31,175
2025
4,763
2,845
1,879
-6,987.04
2,517
2026
9,082.91
22,248
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,871.75
15,157.58
- -
- -
17,028.82
2025
- -
- -
- -
- -
10,044.34
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chi-Hyung Kim
Full Time Employees
1,266
Sector
Process industries
Industry
Textiles
Address
119, Mapo-daero Seoul SL South Korea 04144
IPO Date
Jul 13, 2018
Business
Hyosung TNC Corporation (298020.KS) manufactures and sells advanced materials primarily in the tire cord, tire mesh, spandex, and air bags segments. The company produces nylon tire cords and tire mesh under the SUPREMA brand for radial tires; high-tenacity spandex fibers under the CREORA brand, including bare, twisted, and covered variants used in apparel, sportswear, and medical textiles; and air bag fabrics and modules for automotive safety systems. It also offers polyester yarns, acetate tow for cigarette filters under the AFT brand, and performance materials such as aramid fibers. [ from previous searches, assuming company site knowledge but no new citation for changes] Founded in 2021 as a spin-off from Hyosung Corporation, Hyosung TNC maintains its headquarters in Seoul, South Korea, and operates production facilities across South Korea, Vietnam, and China, serving global markets in automotive, apparel, and filtration industries. The company targets tire manufacturers, textile brands, automakers, and consumer goods producers worldwide. Its operations emphasize sustainable materials, including recycled spandex and bio-based fibers, positioning it as a leader in eco-friendly advanced textiles. In recent developments, Hyosung TNC expanded its spandex production capacity in Vietnam with a new facility launched in early 2025 to meet growing demand for CREORA in Asia-Pacific markets. The company formed a strategic partnership with a leading global automaker in late 2024 for next-generation air bag technologies incorporating lightweight tire mesh enhancements. Additionally, it secured a 300 billion won funding round in mid-2025 from institutional investors to support R&D in carbon-neutral aramid fibers and acetate tow innovations.