Hanchang

한창 · 005110

Industrials Trading & Distribution · KOSPI

Small-cap

Market cap US$19.2M (₩26.5B)

Overview

Hanchang operates two main businesses: distributing steel products to construction sites and other industrial buyers, and developing real estate.

On the steel side, it sources both domestic and imported steel, warehouses it, and supplies it to construction projects. On the property side, it develops residential and mixed-use projects and provides project management and investment services through subsidiaries. Listed on KOSPI, Korea's main stock exchange, the company runs these two segments in parallel, with steel distribution forming the newer and more volume-driven arm of the business.

Summary is AI-generated and may contain errors · figures from DART filings

Financials

Source: DART · FY ending Dec · latest FY2025
Revenue · FY2025
US$5.8M
▲ +160.4% YoY
Operating profit · FY2025
−US$5.6M
Loss narrowed
Net income · FY2025
US$45.2M
Turned profitable

Revenue

  • FY2023US$48M
  • FY2024US$2.2M
  • FY2025US$5.8M

Operating profit

  • FY2023US$172.6K
  • FY2024−US$6.8M
  • FY2025−US$5.6M

Net income

  • FY2023−US$22.6M
  • FY2024−US$13.4M
  • FY2025US$45.2M

Key ratios (FY2025)

ROE
615.1%
Debt/Eq
458.1%
Op. margin
-96.7%
Net margin
774.8%
Rev. YoY
▲ +160.4%

Why it matters

Hanchang conducts its real estate project management and investment activities through a dedicated subsidiary, 한창이피엠, keeping that business structurally separate from its steel distribution arm.

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For informational purposes only. This is not investment advice, a recommendation, or a solicitation to buy or sell any security. Do your own research; any investment decision is your own responsibility.

Data from DART, Korea's official corporate-filing system. Data sourced from official DART filings. Accuracy is not guaranteed. Figures are as of the date shown. As of 2026-06-12 (KST). · FX: 1 USD ≈ ₩1,380 (2026-06-01).

Company summaries are generated and may contain errors; financial figures are mapped directly from official filings.