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Home/Stocks/298040.KS
KRX · Korea · Electrical Equipment & Parts

298040.KS Hyosung Heavy Industries

Transformers with US plant

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Transformers & Switchgear · 86
Last close (delayed) · 2026-10-27
₩1,914,000
+3.29% today
1W
+1.2%
1M
−34.0%
3M
−33.2%
YTD
+7.5%
1Y
+19.1%
Off 52w high
−58.4%
Market cap₩17.25T≈ $13.02B
P/E (trailing)—Forward 15.3
EV / sales2.7×EV/EBITDA 19.1×
Revenue (TTM)₩6.41TGrowth 10.6% y/y
Margins21.9%gross · op 14.5%
Free cash flow₩868BCash ₩636B · debt ₩688B
Analyst target₩3,952,803+106.5% upside · 20 analysts · buy
Riskβ 2.17Short — of float · yield 0.4%

Fundamentals from public market data, refreshed daily (2026-10-26 21:24 UTC). Figures in reporting currency.

298040.KS · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-08-13EarningsMiss / cut

    Reported EPS 18534 vs 21943.9 expected (-15.5% surprise).

  2. 7
    2026-05-14EarningsMiss / cut

    Reported EPS 9370 vs 13716.7 expected (-31.7% surprise).

  3. 6
    2026-03-11EarningsBeat / raise

    Reported EPS 18794 vs 15326.2 expected (+22.6% surprise).

  4. 5
    2025-11-13EarningsBeat / raise

    Reported EPS 16131 vs 10352 expected (+55.8% surprise).

  5. 4
    2025-08-14EarningsBeat / raise

    Reported EPS 9936 vs 8873.63 expected (+12.0% surprise).

  6. 3
    2025-05-14EarningsBeat / raise

    Reported EPS 10971 vs 6196.54 expected (+77.0% surprise).

  7. 2
    2025-03-12EarningsBeat / raise

    Reported EPS 9780 vs 5370.56 expected (+82.1% surprise).

  8. 1
    2024-11-13EarningsBeat / raise

    Reported EPS 7938 vs 5450.17 expected (+45.6% surprise).

Latest headlines

Auto-updated daily

Alternative data that moves 298040.KS

US imports from Korea+49.0% y/yPrice of power transformers (US producer prices)+7.8% y/y

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-1321943.918534.0−15.5%
2026-05-1413716.79370.0−31.7%
2026-03-1115326.2518794.0+22.6%
2025-11-1310351.9816131.0+55.8%
2025-08-148873.639936.0+12.0%
2025-05-146196.5410971.0+77.0%
2025-03-125370.569780.0+82.1%
2024-11-135450.177938.0+45.6%

About Hyosung Heavy Industries

Website ↗

Hyosung Heavy Industries Corporation manufactures and sells heavy electrical equipment in South Korea. The company offers transmission and distribution products, such as power, oil-immersed distribution, cast-resin, and special transformers; shunt reactors, high voltage switchgears, medium/ low voltage switchgears, and high voltage direct current transmission systems; STATCOM, a power electronic based device to enhance the power system stability and quality; and turnkey solutions. It also provides system and engineering solutions, including condition monitoring systems; asset health management, power system maintenance, power automation, and process automation solutions; and renewable energy products comprising energy storage systems, solar inverters, and wind turbines, as well as engineering, procurement, and construction services for solar energy projects. In addition, the company offe…

3,273 employees · Seoul, South Korea

Transformers & Switchgear

86

Large power transformers are hand-built, need grain-oriented steel and copper, and have years-long lead times. Switchgear followed.

GOES steel + copper→Transformer→Switchgear→Substation

What would prove us wrong. Weakens if lead times shorten sharply as Korean, Indian and Mexican capacity arrives.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
ETN
Eaton
Electrical content per data-centre MW $385.2+3.56%−10.7%+21.9%
HUBB
Hubbell
Utility and campus electrical products $432.2−5.92%−7.2%−1.8%
6501.T
Hitachi
Hitachi Energy transformers and HVDC ¥5,615.0+1.48%+1.9%+15.8%
SU.PA
Schneider Electric
Switchgear, power and cooling for data centres €242.7+2.97%−16.4%+4.9%
ABBN.SW
ABB
Electrification, drives and robotics CHF 71.50+2.61%−10.4%+22.5%
267260.KS
HD Hyundai Electric
Large power transformers for US utilities ₩450,000+0.67%−37.0%−41.4%
010120.KS
LS Electric
Switchgear and transformers ₩158,100+3.40%−25.4%+72.5%
POWL
Powell Industries
Custom switchgear and power-control rooms $162.4+3.37%−13.3%+53.0%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.