Hyosung Heavy Industries Corp. (298040) AI Stock Analysis

Hyosung Heavy Industries Corp.

(Korea Exchange:298040)

Select Model

Rating:63Neutral

Price Target:KRW 2,038,410.00▼(-0.57% Downside)

Action:initiatedcoverage

Date:10/28/26

The score is supported primarily by improved financial performance (stronger profitability, better leverage, and improving free cash flow), but is pulled down by weak technical conditions (downtrend below major moving averages and negative MACD) and a relatively expensive valuation (P/E ~30.5 with a low dividend yield).

Positive Factors

Profitability and Revenue GrowthRevenue expansion and the sharp rise in net margin show a materially stronger earnings engine than in 2022. If retained, improved profitability can support internal investment, strengthen resilience, and provide a broader base for growth in the next several quarters.

Negative Factors

Earnings DurabilityMargins have improved dramatically, but the move from roughly 0.3% net margin in 2022 to 9.1% TTM demonstrates a history of very thin profitability. That uneven record makes current earnings less proven and leaves results vulnerable if operating conditions weaken.

Hyosung Heavy Industries Corp. (298040) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 16.84T
Dividend Yield: 0.41%
Average Volume (3M): 46.40K
Price to Earnings (P/E): 28.8
Beta (1Y): 1.12
Revenue Growth: 12.62%
EPS Growth: 50.05%
Country: KR
Employees: 3,567
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

Hyosung Heavy Industries Corp. Business Overview & Revenue Model

Company Description

Hyosung Heavy Industries Corporation, founded in Seoul, South Korea, in 1962, operates as a prominent global manufacturer and distributor of heavy-duty electrical equipment. The company's extensive product portfolio encompasses a broad spectrum of so...

Hyosung Heavy Industries Corp. Financial Statement Overview

Summary

Strong turnaround across statements: sharply higher revenue and materially improved profitability (net margin up to ~9.1% TTM), healthier leverage versus prior years, and improving free cash flow. Key risk is durability—margins were very thin as recently as 2022–2023 and cash flow has shown volatility.

Income Statement

84Very Positive

Balance Sheet

79Positive

Cash Flow

73Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.41T	5.97T	4.89T	4.30T	3.51T	3.09T
Gross Profit	1.39T	1.24T	791.77B	637.54B	435.02B	404.29B
EBITDA	914.29B	746.97B	385.61B	347.08B	200.60B	206.23B
Net Income	584.21B	519.89B	222.63B	115.98B	10.22B	57.61B
Balance Sheet
Total Assets	8.56T	7.23T	6.22T	4.76T	4.69T	4.02T
Cash, Cash Equivalents and Short-Term Investments	635.95B	496.21B	262.58B	289.78B	223.89B	111.77B
Total Debt	688.27B	850.99B	1.08T	1.32T	1.63T	1.28T
Total Liabilities	5.83T	4.74T	4.16T	3.54T	3.59T	2.99T
Stockholders Equity	2.59T	2.35T	1.91T	1.08T	974.57B	932.22B
Cash Flow
Free Cash Flow	519.34B	330.10B	313.47B	419.33B	-162.17B	45.79B
Operating Cash Flow	784.64B	493.01B	412.09B	454.66B	-67.11B	110.58B
Investing Cash Flow	-213.10B	-212.81B	-214.61B	-51.72B	-117.69B	-89.88B
Financing Cash Flow	-554.03B	-312.65B	-228.35B	-338.33B	317.68B	7.11B

Hyosung Heavy Industries Corp. Technical Analysis

Technical Analysis SentimentNegative

Last Price2050000.00

Price Trends

50DMA2572040.00Negative

100DMA2798450.00Negative

200DMA2860135.00Negative

Market Momentum

MACD-223076.13Negative

RSI30.40Neutral

STOCH53.93Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:298040, the sentiment is Negative. The current price of 2050000.00 is below the 20-day moving average (MA) of 2141750.00, below the 50-day MA of 2572040.00, and below the 200-day MA of 2860135.00, indicating a bearish trend. The MACD of -223076.13 indicates Negative momentum. The RSI at 30.40 is Neutral, neither overbought nor oversold. The STOCH value of 53.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:298040.

Hyosung Heavy Industries Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:298040 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:010140	64Neutral	KRW 13.56T	15.41	―	―	30.33%	150.28%
KR:267260	64Neutral	KRW 15.28T	18.17	―	1.84%	21.15%	36.62%
KR:298040	63Neutral	KRW 16.84T	28.81	―	0.41%	12.62%	50.05%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:010120	52Neutral	KRW 22.24T	48.16	―	0.24%	32.38%	73.60%
KR:000720	49Neutral	KRW 9.35T	14.96	―	0.96%	-9.34%	―
KR:000150	44Neutral	KRW 13.46T	26.16	―	0.67%	11.01%	―

* General Sector Average

Performance Comparison

KR:298040 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:298040	Hyosung Heavy Industries Corp.	1809000.00	-471491.80	-20.68%
KR:000150	Doosan Corporation	891000.00	-97077.60	-9.82%
KR:000720	Hyundai Engineering & Construction Co., Ltd	83600.00	16361.02	24.33%
KR:010120	LS Electric Co., Ltd.	149600.00	53982.47	56.46%
KR:010140	Samsung Heavy Industries Co., Ltd	15880.00	-12820.00	-44.67%
KR:267260	HD Hyundai Electric	424500.00	-486592.90	-53.41%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026

Hyosung Heavy Industries Corp. AI Stock Analysis