Hyundai Elevator

현대엘리베이터 · 017800

Industrials Machinery · KOSPI

Large-cap

Market cap US$2.2B (₩3T)

Overview

Hyundai Elevator makes elevators, escalators, and moving walkways, the machines that carry people between floors and across large spaces in buildings.

It supplies these products, along with installation and ongoing maintenance services, primarily to construction companies in South Korea and abroad. Listed on KOSPI, South Korea's main stock exchange, the company earns the large majority of its revenue from its elevator-related business, spanning manufacturing, installation, and maintenance.

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

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$1.8B

▼ −14.5% YoY

Operating profit · FY2025

US$151.6M

▼ −7.3% YoY

Net income · FY2025

US$195.1M

▲ +38.9% YoY

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$1.9B(₩2.6T)	US$2.1B(₩2.9T)	US$1.8B(₩2.5T)
Operating profit	US$59.9M(₩82.6B)	US$163.6M(₩225.7B)	US$151.6M(₩209.2B)
Net income	US$224.5M(₩309.9B)	US$140.5M(₩193.9B)	US$195.1M(₩269.3B)

Revenue

FY2023US$1.9B
FY2024US$2.1B
FY2025US$1.8B

Operating profit

FY2023US$59.9M
FY2024US$163.6M
FY2025US$151.6M

Net income

FY2023US$224.5M
FY2024US$140.5M
FY2025US$195.1M

Key ratios (FY2025)

ROE

18.6%

Debt/Eq

157.8%

Op. margin

8.5%

Net margin

10.9%

Rev. YoY

▼ −14.5%

Why it matters

Named customers in the filing include Hyundai Construction, Daewoo Construction, and HDC Hyundai Development Company, indicating close ties to major Korean property developers.

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