Suheung
서흥 · 008490
Materials Chemicals · KOSPI
Market cap US$158.1M (₩218.2B)
Overview
Suheung makes hard capsules, the two-piece shell casings used to hold powdered or granular medicines and supplements, as well as soft capsules, functional health foods, and basic cosmetics, and it also produces gelatin and collagen as raw materials.
Its customers include pharmaceutical companies and health-supplement brands that rely on it for capsule supply and contract manufacturing. Listed on KOSPI, Korea's main stock exchange, the company holds a dominant position in the domestic hard-capsule market and is among the leading hard-capsule suppliers globally.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$430.8M
- FY2024US$473.4M
- FY2025US$523.4M
Operating profit
- FY2023US$31.2M
- FY2024US$24.5M
- FY2025US$36.4M
Net income
- FY2023US$6.4M
- FY2024US$15.6M
- FY2025US$34.2M
Key ratios (FY2025)
Why it matters
The hard-capsule division is Suheung's core business and accounts for the bulk of its activity, with the company also performing full-process contract manufacturing for soft-capsule drug formulations on behalf of pharmaceutical clients.
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