Heungkuk Metaltech
흥국 · 010240
Industrials Machinery · KOSDAQ
Market cap US$45M (₩62B)
Overview
Heungkuk Metaltech makes the undercarriage components, such as rollers, links, and idlers, that allow heavy construction equipment like excavators and bulldozers to move across the ground.
It supplies these precision-forged and machined parts to major global equipment makers including the Volvo Group, HD Construction Equipment, and John Deere. Listed on KOSDAQ, Korea's tech and small-cap board, the company operates manufacturing and sales subsidiaries in China, India, Japan, and the United States to serve customers in their local markets.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$108.2M
- FY2024US$93.3M
- FY2025US$99.3M
Operating profit
- FY2023US$11.5M
- FY2024US$6.4M
- FY2025US$10.8M
Net income
- FY2023US$9.6M
- FY2024US$7.6M
- FY2025US$8.8M
Key ratios (FY2025)
Why it matters
The company established a Chinese subsidiary, Heungkuk Keji (Wuxi), specifically to follow key customers Volvo Group and HD Construction Equipment as they set up local production in China.
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