1. South Korea Stocks

  2. •

    Technology services

  3. •

    Information technology services
Bumhan Fuel Cell Co., Ltd.

Bumhan Fuel Cell Co., Ltd.

KKRX:382900
18,990.00
KRW
-1,210.00
(-5.99%)
-458.51EPS
207.27BMarket Cap
Nov 12Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6,782.21
8,656.79
6,552.05
3,558.39
4,206.96
5,044.65
5,677.47
Basic EPS, GAAP
735
617
292
-277
97
185
-404.21
Free Cash Flow per Basic Share
-1,363.35
2,052.76
-2,417.61
-3,080.61
-12,739.25
2,308.36
-426.76
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-1,790.09
2,829.46
12,394.75
12,106.24
19,116.47
18,794.71
18,161.72
Tangible Book Value per Share
-1,875.24
2,615.66
12,064.47
11,789.56
18,506.26
18,248.79
17,632.62
Basic Weighted Avg Shares
5
5
8
9
9
9
9
Sales/Revenue/Turnover
31,900
46,075
50,661
30,516
36,195
43,361
48,732
Operating Margin (%)
15.54
13.38
2.59
-17.17
6.66
1.98
-10.99
Depreciation Expense
634
907
1,191
1,601
2,204
2,609
2,731
Net Income, GAAP
3,457
3,284
2,258
-2,375
835
1,590
-3,470
Effective Tax Rate (%)
20.1
23.66
5.24
- -
- -
- -
- -
Profit Margin (%)
10.84
7.13
4.46
-7.78
2.31
3.67
-7.12
Working Capital
-24,254
12,240
86,711
78,381
46,192
44,848
-52,795
LT Debt
3,384
2,973
2,647
4,139
91,050
88,977
930
Total Equity
-15,683
24,789
106,409
105,897
165,852
162,693
157,060
Return on Invested Capital (%)
- -
39.82
1.72
- -
- -
- -
- -
Return on Capital (%)
- -
49.6
3.38
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
3.44
-2.26
0.62
0.98
-2.17

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
35,575
120,493
123,355
LT Borrowings
88,000
7,025
- -
LT Finance Leases
977
954
930
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
224,862
220,999
207,267

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
129,651
125,053
110,873
Cash, Cash Equivalents & STI
51,393
28,766
25,079
Accounts Receivable, Net
9,336
5,873
4,971
Inventories
14,059
17,939
21,116
Total Current Liabilities
84,803
165,915
163,667
Payables & Accruals
- -
- -
- -
ST Debt
35,575
120,493
123,355
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
25.09%
-1.9%
Free Cash Flow
- -
-60.68%
-118.1%
Net Income, GAAP
- -
-57.21%
90.54%
Sales/Revenue/Turnover
- -
10.6%
19.8%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,720
9,194
11,000
9,281
36,195
2025
10,446
7,061
10,399
15,455
43,361
2026
5,054
17,825
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-70
106
90
-29.75
97
2025
0.56
-44
39.21
189.51
185
2026
-191.78
-441
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Jung-Tae Hwang
Full Time Employees
92
Sector
Technology services
Industry
Information technology services
Address
Changwon South Korea
IPO Date
Jun 17, 2022
Website
bumhanfuelcell.com
Similar Companies
Credo Technology Group Holding Ltd (NASDAQ:CRDO)
International Business Machines Corporation (NYSE:IBM)
Tata Consultancy Services Limited (NSE:TCS)
Infosys Limited (NSE:INFY)
HCL Technologies Limited (NSE:HCLTECH)
Cloudflare, Inc. (NYSE:NET)
Business
Bumhan Fuel Cell Co., Ltd. is a South Korea-based clean energy technology company primarily engaged in the research, development, manufacturing, and commercialization of hydrogen fuel cell systems and the construction of hydrogen refueling infrastructure. Founded in 2019 as a spin-off from Bumhan Industries Co., Ltd. and headquartered in Changwon, South Korea, the company operates across defense, commercial, industrial, and public utility sectors. Its business operations are structured around three core divisions: Submarine and Marine Fuel Cells, Building and Stationary Fuel Cells, and Hydrogen Refueling Stations. The company's primary products and services comprise polymer electrolyte membrane fuel cell (PEMFC) modules tailored for naval submarine air-independent propulsion (AIP) systems; marine-grade hydrogen fuel cell power packs for commercial vessels and unmanned underwater vehicles; stationary PEMFC and solid oxide fuel cell (SOFC) power generation systems designed for residential, commercial, and institutional buildings; proprietary membrane electrode assemblies (MEA) and fuel cell stack components; full turnkey engineering, procurement, and construction (EPC) solutions for high-pressure hydrogen refueling stations; and integrated maintenance, repair, and operational (MRO) services for defense and civilian hydrogen installations. In recent corporate developments, Bumhan Fuel Cell has broadened its technological and geographic footprint by expanding into megawatt-class marine fuel cell solutions through joint development agreements with domestic shipbuilders and maritime classification societies. The company has advanced its solid oxide fuel cell development pipeline for large-scale stationary power generation, secured multiple municipal EPC contracts for commercial vehicle hydrogen charging hubs across South Korea, and localized key fuel cell manufacturing supply chains to scale output for heavy mobility and defense export programs.