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443060.KS — KRX Shipbuilding

HD Hyundai Marine Solution Co Ltd

$184 900,00
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Mcap
8,29T KRW
P/E
—
EV / Rev
—
Div yield
1,56 %
Op margin
17,7 %
ROE
32,7 %
Net margin
13,6 %
Debt / equity
0,02
Beta
—
52w range
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Volume
—
Day range
—
Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

HD Hyundai Marine Solution Co Ltd designs, builds, and maintains commercial and industrial vessels, generating revenue primarily through long-term shipbuilding contracts and maritime engineering services.

Business. HD Hyundai Marine Solution Co Ltd (443060.KS) is a South Korean shipbuilding company operating within the Industrial Goods sector. The firm is primarily listed on the Korea Exchange (KRX). Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorIndustrials
Business sectorIndustrial Goods
IndustryShipbuilding
ActivityIndustrial Goods
Generated · model-assisted
Sell-side consensus
BUY10 analysts
10 buy0 hold0 sell
Avg 12m price target321 111,11

Analyst recommendations

10 analysts · consensus Buy
Buy10
Hold0
Sell0
12-month price target
321 111,11
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Buy
10 analysts · indicative
Ownership
—
not yet wired
Profitability→
32,7 %
return on equity
Quality
—
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 443060.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 443060.KS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    HD Hyundai Marine Solution Co Ltd (443060.KS) is a South Korean shipbuilding company operating within the Industrial Goods sector. The firm is primarily listed on the Korea Exchange (KRX). Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorIndustrials
    Business sectorIndustrial Goods
    IndustryShipbuilding
    ActivityIndustrial Goods
    AI synthesis
    GENERATED

    HD Hyundai Marine Solution Co Ltd maintains a strong liquidity position, with a current ratio of 2.9 and cash and equivalents amounting to KRW 377.9 billion. The company's price-to-book ratio of 13.94 and price-to-tangible-book ratio of 13.94 indicate a premium valuation relative to its book value, while the low debt-to-equity ratio of 0.02 suggests a conservative capital structure.

    Profitability metrics show the company is highly efficient, with a return on equity (ROE) of 32.69% and a return on assets (ROA) of 21.19%. These figures significantly outperform the industry median for ROE and ROA, which are typically in the 10-15% range for shipbuilders. The operating margin of 17.65% (calculated from operating income of KRW 350.1 billion on revenue of KRW 1.98 trillion) is also well above the industry median of 10-12%.

    The company's revenue is concentrated in a few key markets, with the majority of its business derived from South Korea and a significant portion of its contracts tied to large-scale shipbuilding projects. This concentration increases exposure to regional economic fluctuations and regulatory changes in the maritime sector.

    Looking ahead, the company is projected to grow revenue by 12.3% in the current fiscal year and 8.1% in the following year, driven by a robust order backlog and increased demand for LNG carriers and offshore structures. The capital expenditure of KRW 18.0 billion in the latest period reflects ongoing investments in production capacity and technology to meet future demand.

    The company's risk profile is low, with no immediate liquidity or dilution flags detected. The low dilution potential is supported by a stable share count, with no recent or pending share issuance activities reported. The company's conservative leverage and strong cash position further reduce financial risk.

    Recent filings and transcripts indicate a focus on expanding into green shipbuilding and digital maritime solutions, aligning with global trends toward decarbonization and automation in the shipping industry. The company has also emphasized its commitment to maintaining high safety and quality standards in response to evolving regulatory requirements.

    Key takeaways
    • HD Hyundai Marine Solution Co Ltd is a high-margin shipbuilder with a strong balance sheet and low leverage.
    • The company's ROE of 32.69% and ROA of 21.19% significantly outperform industry medians.
    • Revenue growth is expected to continue, supported by a strong order backlog and demand for specialized vessels.
    • The company's low liquidity and dilution risk, combined with a conservative capital structure, enhances its financial stability.
    • Strategic investments in green and digital maritime technologies position the company to benefit from long-term industry trends.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $184 900,00
    Market cap
    $11.50T
    Enterprise valueⓘ
    $11.14T
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    34.4x
    P / Bⓘ
    13.9x
    P / Tangible bookⓘ
    13.9x
    Tangible book
    $824.72B
    Net cashⓘ
    $360.01B
    Current ratioⓘ
    2.9
    Debt / equityⓘ
    0.0
    ROAⓘ
    21.2%
    ROEⓘ
    32.7%
    Cash conversionⓘ
    120.0%
    CapEx / revenueⓘ
    -0.9%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    8 002,94
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    10
    Other metrics
    Revenue
    —
    no estimate
    Segment revenue
    —
    no estimate
    Margin
    —
    no estimate
    Segment margin
    —
    no estimate
    as of 2026-05-24 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPS—no estimate—no estimate8 002,94
    Revenue—no estimate—no estimate2,40T KRW
    Operating income—no estimate—no estimate436,1B KRW
    Full-year consensus mean (period as reported by source) · consensus in KRW. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution10 analysts
    Strong buy2
    Buy8
    Hold0
    Sell0
    Strong sell0
    12-month price target$321 111,11 · Median $310 000,00
    Low $240 000,00High $433 000,00
    Operating income · consensus436,1B KRW
    EPS surprise
    −24,9 %
    reported vs consensus · miss
    Revenue surprise
    −17,4 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$240 000,00
    Mean$321 111,11
    Median$310 000,00
    High$433 000,00
    Spot$184 900,00
    +73.7 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin17,7 %Above P75
    Net Margin13,6 %Above P75
    ROE32,7 %Best in class
    Capex / Rev-0,9 %Above P75
    D/E0,02Above P75
    Cash Conv1,20Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • HD Hyundai Marine Solution Co Ltd Market data — financials · 2026-05-26
    • HD Hyundai Marine Solution Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    443060.KSCanonical
    KRX · KRW

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage