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  3. •

    Wholesale distributors
HD Hyundai Marine Solution Co., Ltd.

HD Hyundai Marine Solution Co., Ltd.

KKRX:443060
196,500.00
KRW
-5,000.00
(-2.48%)
7,458.46EPS
30.10P/E
10.06TMarket Cap
Oct 28Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
735.56
60,087.56
103,622.65
202,254.56
252,241.53
27,192.44
33,342.9
35,762.48
40,615.52
44,225.7
48,721.96
Basic EPS, GAAP
32
10,009
13,584
22,253
27,002
2,239
2,623
3,778
5,304
6,013
7,458.65
Free Cash Flow per Basic Share
-540.49
-6,430.08
25,859.92
38,368.15
11,411
1,557.35
1,149.57
1,757.52
5,503.86
6,828.07
5,968.68
Dividend per Share
- -
- -
- -
- -
39,999.81
4,749.79
1,999.88
2,250.06
2,326.98
4,799.76
1,399.85
Book Value per Share
2,819.24
3,731.49
4,919.5
6,933.59
5,721.62
3,484.17
4,099.37
5,398.58
17,402.35
18,396.17
19,899.4
Tangible Book Value per Share
2,819.24
3,731.49
4,845.72
6,859.81
5,628.56
3,391.1
4,006.3
5,305.52
17,300.45
18,282.84
19,785.76
Basic Weighted Avg Shares
4
4
4
4
4
40
40
40
43
45
45
Sales/Revenue/Turnover
2,934
240,344
414,489
809,021
1,008,971
1,087,746
1,333,799
1,430,463
1,745,459
1,982,701
2,184,404
Operating Margin (%)
3.65
23.48
17.59
13.42
15.53
10.39
10.64
14.09
15.57
17.66
17.17
Depreciation Expense
24
313
701
3,783
4,661
5,411
7,393
10,034
11,826
12,674
13,840
Net Income, GAAP
128
40,035
54,336
89,012
108,009
89,564
104,927
151,116
227,940
269,571
334,402
Effective Tax Rate (%)
19.69
27.2
27.8
23.93
27.24
23.23
26.06
24.82
23.23
24.02
22.43
Profit Margin (%)
4.35
16.66
13.11
11
10.7
8.23
7.87
10.56
13.06
13.6
15.31
Working Capital
124,071
160,603
207,689
285,410
227,709
162,982
139,623
209,472
732,908
778,069
844,518
LT Debt
- -
- -
- -
2,204
3,005
32,306
14,055
11,835
12,464
9,932
22,229
Total Equity
125,315
165,865
218,672
308,198
254,326
154,871
182,217
239,967
773,535
824,725
892,117
Return on Invested Capital (%)
- -
26.84
25.48
29.19
36.78
33.78
39.42
42.05
33.66
30.98
32.83
Return on Capital (%)
- -
27.5
28.26
33.55
37.76
38.41
43.75
46.97
39.23
33.04
39.97
Return on Common Equity (%)
- -
27.5
28.26
33.79
38.4
43.78
62.25
71.59
44.98
33.73
41.27

Capital Structure

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7,981
10,454
11,005
LT Borrowings
- -
- -
- -
LT Finance Leases
9,932
14,792
22,229
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
45
45
45
Market Capitalization
8,674,863
8,051,708
10,064,635

Working Capital

KRW

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,186,809
1,305,047
1,288,785
Cash, Cash Equivalents & STI
564,174
606,473
547,741
Accounts Receivable, Net
303,453
373,188
392,353
Inventories
270,686
273,514
290,072
Total Current Liabilities
408,739
505,490
444,267
Payables & Accruals
- -
- -
- -
ST Debt
7,981
10,454
11,005
Deferred Revenue
- -
- -
- -

Growth Rates

KRW

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
47.84%
6.62%
Free Cash Flow
- -
65.81%
29.42%
Net Income, GAAP
- -
22.64%
18.26%
Sales/Revenue/Turnover
- -
14.66%
13.59%
Total Cash Common Dividend
- -
19.93%
115.17%

Quarterly Revenue

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
382,969
437,855
461,261
463,373
1,745,459
2025
485,598
467,722
513,176
516,205
1,982,701
2026
574,609
580,414
- -
- -
- -

Quarterly Earnings Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,108
1,319
1,317
1,538.96
5,304
2025
1,412
1,182
1,779.01
1,639.57
6,013
2026
2,189.07
1,851
- -
- -
- -

Quarterly Dividends Per Share

KRW

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
450.09
- -
2,326.98
2025
- -
- -
700
699.97
4,799.76
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Sung-Joon Kim
Full Time Employees
583
Sector
Distribution services
Industry
Wholesale distributors
Address
Centum Science Park Seongnam GY South Korea 48058
IPO Date
May 8, 2024
Website
hd-marinesolution.com
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Business
HD Hyundai Marine Solution Co., Ltd. operates as an integrated engineering-based service provider specializing in aftermarket solutions for Hyundai brand ships. Its core offerings include genuine and customized spare parts supply; technical services encompassing maintenance, repair, and workshop support; retrofit parts design, installation, and commissioning such as scrubbers and ballast water treatment systems; digital control and marine automation solutions; and performance improvement services including ship bow and propeller modifications, slow steaming, and overall ship optimization. Additionally, the company provides operation and maintenance services for stationary engine power plants, digital smartship solutions, green energy solutions, bunkering and warranty services, and industry-focused education programs covering engine performance, operation, maintenance, and control systems. The company serves global maritime customers and operates regional offices across eight countries. Founded in 1972 and headquartered in Busan, South Korea, HD Hyundai Marine Solution is a subsidiary of HD Hyundai Co., Ltd. Recent major developments include the company’s efforts to enhance digital transformation by integrating advanced digital optimization technologies into its service platform, exemplified by a strategic partnership with Accelleron to integrate turbocharger performance insights into its Integrated Smartship System. This enables improved fuel efficiency, emissions reduction, and optimized maintenance for vessels serviced by HD Hyundai Marine Solution. The company also announced plans for an initial public offering in 2025 aimed at strengthening its aftermarket services and accelerating its digitalization initiatives for vessel lifecycle management. These advances align with its strategic focus on sustainability and operational excellence within the marine service industry. HD Hyundai Marine Solution positions itself as a trusted partner for comprehensive lifecycle management of ships built by Hyundai Heavy Industries and its affiliates worldwide.