Seah Steel Holdings Corp
Seah Steel Holdings Corp is a South Korean iron and steel mining company that generates revenue primarily through the extraction and sale of iron ore and steel products.
Business. Seah Steel Holdings Corp (003030.KS) is a South Korean company operating in the Iron & Steel industry within the Basic Materials sector. The firm is primarily engaged in mining activities and generates revenue through the sale of products. It is listed on the Korea Exchange (KRX). Specific details regarding operating segments and geographic revenue mix are not available.
Analyst recommendations
1 analysts · consensus BuyAt a glance
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.
News & coverage
0Sector rotation
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Analysis
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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
Seah Steel Holdings Corp (003030.KS) has been formally classified within the Mining activity and Basic Materials economic sector, marking a significant structural update to its corporate profile. This taxonomy shift provides a clearer framework for understanding the company’s operational focus and industry positioning, moving from an undefined status to a specific categorization that aligns with its core business functions. Alongside this classification, the company’s risk assessment profile has been established with specific metrics. Dilution risk is now rated as low, suggesting a stable capital structure with minimal threat of share value erosion from new issuances. Conversely, liquidity risk is assessed at a medium level, indicating that while the company maintains operational stability, investors should monitor its cash flow management and short-term asset conversion capabilities more closely than in a low-risk scenario. These updates occur within a context of limited public scrutiny and institutional engagement. The company currently has no index memberships and no reported top holders, which may contribute to the medium liquidity risk rating by suggesting a narrower trading base. Additionally, the absence of reported officers in the current dataset highlights a gap in disclosed governance details, though six analysts are actively covering the stock, providing some level of professional oversight and valuation input. The combination of a low dilution risk and a defined sector classification offers a baseline for investors to evaluate Seah Steel Holdings Corp against its peers in the Basic Materials space. While the medium liquidity risk warrants attention, the low dilution risk provides a degree of confidence regarding shareholder equity preservation. As the company continues to operate in the Mining sector, these established metrics will serve as key indicators for future performance and risk management strategies.
Signals & dispatch
Composite-score breakdown
Synthesis
Seah Steel Holdings Corp (003030.KS) is a South Korean company operating in the Iron & Steel industry within the Basic Materials sector. The firm is primarily engaged in mining activities and generates revenue through the sale of products. It is listed on the Korea Exchange (KRX). Specific details regarding operating segments and geographic revenue mix are not available.
Seah Steel Holdings Corp has a market price of 179,200 KRW and a market capitalization of 724,050,611,200 KRW. The company's price-to-earnings ratio is 18.24, and its price-to-book ratio is 0.37, indicating that the company is trading at a discount relative to its book value. The company's liquidity position is characterized by a current ratio of 1.97, suggesting that it has sufficient short-term assets to cover its short-term liabilities. However, the company's free cash flow is negative at -159,386,328,910 KRW, and its capital expenditure is -408,955,864,650 KRW, indicating significant investment in long-term assets.
In terms of profitability, Seah Steel Holdings Corp has a return on equity of 2.02% and a return on assets of 0.83%, which are below the industry median for the Iron & Steel sector. The company's operating income is 85,778,901,250 KRW, and its net income is 39,698,442,880 KRW, reflecting a gross profit of 139,446,547,100 KRW. The company's debt-to-equity ratio is 0.73, indicating a moderate level of leverage.
Seah Steel Holdings Corp's revenue is concentrated in the iron and steel mining segment, with no significant geographic diversification reported in the available data. The company's revenue for the latest period is 1,009,853,726,890 KRW, and its revenue growth trajectory is not explicitly provided in the data. Analysts have provided a mean recommendation of 2.00, with one buy rating and no strong buy or sell ratings.
The company faces a medium liquidity risk, as indicated by the risk assessment, and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could impact its ability to meet short-term obligations. The company's recent financial performance and analyst estimates suggest a cautious outlook, with the last actual EPS of 15,656 KRW compared to a mean EPS estimate of 27,429 KRW.
Seah Steel Holdings Corp (003030.KS) has been formally classified within the Mining activity and Basic Materials economic sector, marking a significant structural update to its corporate profile. This taxonomy shift provides a clearer framework for understanding the company’s operational focus and industry positioning, moving from an undefined status to a specific categorization that aligns with its core business functions. Alongside this classification, the company’s risk assessment profile has been established with specific metrics. Dilution risk is now rated as low, suggesting a stable capital structure with minimal threat of share value erosion from new issuances. Conversely, liquidity risk is assessed at a medium level, indicating that while the company maintains operational stability, investors should monitor its cash flow management and short-term asset conversion capabilities more closely than in a low-risk scenario. These updates occur within a context of limited public scrutiny and institutional engagement. The company currently has no index memberships and no reported top holders, which may contribute to the medium liquidity risk rating by suggesting a narrower trading base. Additionally, the absence of reported officers in the current dataset highlights a gap in disclosed governance details, though six analysts are actively covering the stock, providing some level of professional oversight and valuation input. The combination of a low dilution risk and a defined sector classification offers a baseline for investors to evaluate Seah Steel Holdings Corp against its peers in the Basic Materials space. While the medium liquidity risk warrants attention, the low dilution risk provides a degree of confidence regarding shareholder equity preservation. As the company continues to operate in the Mining sector, these established metrics will serve as key indicators for future performance and risk management strategies.
- Seah Steel Holdings Corp is trading at a price-to-book ratio of 0.37, indicating a significant discount to its book value.
- The company's return on equity of 2.02% is below the industry median for the Iron & Steel sector.
- Seah Steel Holdings Corp has a negative free cash flow of -159,386,328,910 KRW and a capital expenditure of -408,955,864,650 KRW, indicating substantial investment in long-term assets.
- The company's liquidity position is characterized by a current ratio of 1.97, suggesting sufficient short-term assets to cover short-term liabilities.
- Analysts have provided a mean recommendation of 2.00, with one buy rating and no strong buy or sell ratings.
- margin_outlook_rationale: The company's gross profit margin is 13.8%, which is below the industry median, indicating potential pressure on margins due to cost inefficiencies or competitive pricing.
- rd_outlook_rationale: The company's R&D expenditure is not explicitly provided, but the industry's focus on innovation and efficiency improvements suggests a need for continued investment in research and development.
Bull / Bear case
Generated · model-assistedCash conversion ratio of 1.42 is well above the 0.74 median, suggesting robust cash generation capabilities.
Debt-to-equity ratio of 0.73 is below the 0.34 median, reflecting a conservative leverage position relative to peers.
Analyst recommendation is 'buy' with a market price of 97,900 KRW, indicating positive professional sentiment.
Free cash flow deteriorated to -472.6 billion KRW in FY2026, signaling severe cash burn and liquidity pressure.
Long-term debt surged to 2.53 trillion KRW in FY2026, raising significant credit risk and solvency concerns.
In focus — financials by report
Revenue KRW 991.92B, +4,7% YoY.
- ▍Revenue KRW 991.92B, +4,7% YoY
Revenue KRW 868.55B, −5,9% YoY; Operating income −68,2% YoY.
- ▍Revenue KRW 868.55B, −5,9% YoY
- ▍Operating income −68,2% YoY
- ▍Net income +21,3% YoY
- ▍Free cash flow +20,8% YoY
- ▍Net margin -3.7%
Revenue KRW 923.12B, +7,3% YoY; Operating income +105,2% YoY.
- ▍Revenue KRW 923.12B, +7,3% YoY
- ▍Operating income +105,2% YoY
- ▍Net income +1 181,6% YoY
- ▍Free cash flow +59,2% YoY
- ▍Net margin 1.5%
Revenue KRW 1.02T, +1,1% YoY; Operating income −0,9% YoY.
- ▍Revenue KRW 1.02T, +1,1% YoY
- ▍Operating income −0,9% YoY
- ▍Net income −11,0% YoY
- ▍Free cash flow +30,3% YoY
- ▍Net margin 3.5%
Revenue KRW 947.01B; Operating income KRW 65.02B.
- ▍Revenue KRW 947.01B
- ▍Operating income KRW 65.02B
- ▍Net margin 4.9%
Revenue KRW 922.60B; Operating income KRW 38.06B.
- ▍Revenue KRW 922.60B
- ▍Operating income KRW 38.06B
- ▍Net margin -4.4%
Revenue KRW 860.02B; Operating income KRW 19.39B.
- ▍Revenue KRW 860.02B
- ▍Operating income KRW 19.39B
- ▍Net margin 0.1%
Revenue KRW 1.01T; Operating income KRW 85.78B.
- ▍Revenue KRW 1.01T
- ▍Operating income KRW 85.78B
- ▍Net margin 3.9%
Revenue KRW 3.76T, +2,3% YoY; Operating income −4,6% YoY.
- ▍Revenue KRW 3.76T, +2,3% YoY
- ▍Operating income −4,6% YoY
- ▍Net income +47,7% YoY
- ▍Free cash flow +37,0% YoY
- ▍Net margin 1.7%
Revenue KRW 3.68T, −6,1% YoY; Operating income −64,0% YoY.
- ▍Revenue KRW 3.68T, −6,1% YoY
- ▍Operating income −64,0% YoY
- ▍Net income −84,9% YoY
- ▍Free cash flow −1 647,7% YoY
- ▍Net margin 1.2%
Revenue KRW 3.91T, −1,0% YoY; Operating income +9,0% YoY.
- ▍Revenue KRW 3.91T, −1,0% YoY
- ▍Operating income +9,0% YoY
- ▍Net income +1,9% YoY
- ▍Free cash flow −119,1% YoY
- ▍Net margin 7.2%
Revenue KRW 3.95T, +39,1% YoY; Operating income +87,3% YoY.
- ▍Revenue KRW 3.95T, +39,1% YoY
- ▍Operating income +87,3% YoY
- ▍Net income +58,2% YoY
- ▍Free cash flow +5,3% YoY
- ▍Net margin 7.0%
Valuation TTM
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 27 429,00 |
| Revenue | —no estimate | —no estimate | 3,96T KRW |
| Operating income | —no estimate | —no estimate | 201,0B KRW |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Physical assets
2 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| SeAH Steel Pohang plant | Steel plant | Steel | South Korea | Registered owner |
| SeAH Steel Pohang plant | Steel plant | Steel | South Korea | Parent |
Actions
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- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Seah Steel Holdings Corp Market data — financials · 2026-05-26
- Seah Steel Holdings Corp Market data — analyst estimates · 2026-05-26
Ownership & reference
Insider activity
Short positioning
Geographic breakdown
Intel & risk
4 tracked-field change(s) detected vs prior analysis; max severity: medium.
- Dilution risk— → lowlow
- Liquidity risk— → mediumlow
- Activity— → Miningmedium
- Economic sector— → Basic Materialsmedium