BHI
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
BHI designs, manufactures, and installs equipment used in power plants, including industrial boilers, heat-recovery steam generators (which capture exhaust heat from gas turbines to produce additional electricity), condensers, heat exchangers, and deaerators.
Listed on KOSDAQ, Korea's tech and small-cap exchange, it supplies power utilities, large construction firms, and steelmakers. The single largest share of its revenue comes from heat-recovery steam generators used in combined-cycle and cogeneration power plants, and every product is made to order rather than held as standard inventory.
Summary is AI-generated and may contain errors · figures from DART filings
BHI operates as a pure order-driven, project-based business, meaning revenue recognition depends on contract awards and project completion timelines rather than steady product shipments.
BHI in five facts
What does BHI do?
BHI designs, manufactures, and installs equipment used in power plants, including industrial boilers, heat-recovery steam generators (which capture exhaust heat from gas turbines to produce additional electricity), condensers, heat exchangers, and deaerators.
Where is BHI listed and in which sector?
BHI (Korean name: 비에이치아이) trades under KRX code 083650 on KOSDAQ, the Korea Exchange's board for smaller and growth companies. It is classified in the Industrials sector, Machinery.
How large is BHI?
Its market capitalisation was US$1.1B on 2026-10-21, which puts it in this site's small-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were BHI's latest annual revenue and operating profit?
For fiscal year 2025, BHI reported revenue of US$584.3M, operating profit of US$57M and net income of US$49.2M, per its annual report on DART (data retrieved from DART on 2026-09-17). Revenue was up 91.3% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-09-17
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- [Amended] Supply contract signed (voluntary)Supply contract · Oct 15 · 2 versions
- [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea District Heating Corp., now worth US$183M, about 67.8% of its recent annual revenue, running through Dec 2028.
Supply contract · Sep 23 - [Amended] Supply contract signed (voluntary)
BHI updated a previously disclosed supply contract with an individual, now worth US$34.7M, about 19.6% of its recent annual revenue, running through Mar 2027.
Supply contract · Sep 21 · 2 versions - Supply contract signed
BHI disclosed a supply contract with Korea Western Power, worth US$158M, about 28.9% of its recent annual revenue, running through Dec 2029.
Supply contract · Sep 16 - [Amended] Supply contract signed (voluntary)
BHI updated a previously disclosed supply contract with Petrovietnam Long Phu 1 Power Plant Project Management Board, now worth US$6.72M, about 2.5% of its recent annual revenue, running through Jan 2027.
Supply contract · Sep 10 - Supply contract signed
BHI disclosed a supply contract with Tie Jun International (HK) Limited, worth US$107M, about 18.8% of its recent annual revenue, running through Apr 2029.
Supply contract · Sep 2 - [Amended] Supply contract signed
BHI amends its March 11, 2026 supply contract disclosure for an LNG combined-cycle power plant supply deal, revising the confirmed contract amount down to US$39.5M (13.6% of revenue, from US$40.7M / 14.0%) to reflect updated USD/EUR exchange rates.
Supply contract · Aug 19 · 2 versions - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea District Heating Corp., now worth US$172M, about 66.4% of its recent annual revenue, running through Dec 2028.
Supply contract · Aug 7 - [Amended] Supply contract signed (voluntary)
BHI updated a previously disclosed supply contract with an individual, now worth US$32.6M, about 19.6% of its recent annual revenue, running through Sep 2026.
Supply contract · Jul 27 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea Hydro & Nuclear Power, now worth US$34.1M, about 12.4% of its recent annual revenue, running through Jul 2029.
Supply contract · Jul 23 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea Hydro & Nuclear Power, now worth US$41.9M, about 17% of its recent annual revenue, running through Jun 2029.
Supply contract · Jul 14 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea Hydro & Nuclear Power, now worth US$29.5M, about 12% of its recent annual revenue, running through Jul 2029.
Supply contract · Jul 14 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Harbin Electric International Co., Ltd., now worth US$98.6M, about 40.4% of its recent annual revenue, running through Aug 2027.
Supply contract · Jul 10 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Harbin Electric International Co., Ltd., now worth US$93.5M, about 38.3% of its recent annual revenue, running through Nov 2027.
Supply contract · Jul 10 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Doosan Enerbility, now worth US$29.3M, about 13.6% of its recent annual revenue, running through Jun 2026.
Supply contract · Jun 5 - Supply contract signed
BHI disclosed a supply contract with Toshiba Plant Systems and Services Corporation, worth US$125M, about 24.3% of its recent annual revenue, running through Apr 2033.
Supply contract · Jun 1 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with POSCO E&C Co., Ltd., now worth US$27.9M, about 10.4% of its recent annual revenue, running through Sep 2030.
Supply contract · May 27 · 2 versions - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea South-East Power, now worth US$92.9M, about 37.3% of its recent annual revenue, running through Dec 2027.
Supply contract · Apr 30 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea Hydro & Nuclear Power, now worth US$40.7M, about 16.3% of its recent annual revenue, running through Jun 2029.
Supply contract · Apr 14 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Doosan Enerbility, now worth US$80.9M, about 33.2% of its recent annual revenue, running through Jul 2027.
Supply contract · Apr 2 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea Hydro & Nuclear Power, now worth US$28.6M, about 11.6% of its recent annual revenue, running through Jul 2029.
Supply contract · Mar 24 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Doosan Enerbility, now worth US$82.2M, about 33.2% of its recent annual revenue, running through Jul 2026.
Supply contract · Mar 24 - [Amended] Supply contract signed (voluntary)
BHI updated a previously disclosed supply contract with an individual, now worth US$32.1M, about 19.6% of its recent annual revenue, running through Jul 2026.
Supply contract · Mar 24 - [Amended] Change of 30% or more in revenue or profit/loss structure (15% for large companies)
BHI updated its previously filed consolidated results for FY2025: revenue of US$526M (+91% year on year), operating profit of US$51.3M (+244% year on year) and net income of US$44.3M (+233% year on year).
Earnings · Mar 13 · 2 versions - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea Hydro & Nuclear Power, now worth US$33.2M, about 11.8% of its recent annual revenue, running through Jul 2029.
Supply contract · Feb 12 - [Amended] Supply contract signed
BHI updated a previously disclosed supply contract with Korea Hydro & Nuclear Power, now worth US$40.9M, about 16.3% of its recent annual revenue, running through Jun 2029.
Supply contract · Feb 9 - [Amended] Supply contract signedSupply contract · Jan 28
- [Amended] Supply contract signedSupply contract · Jan 5