BHCo

비에이치 · 090460

Information Technology Components · KOSPI

Small-cap

Market cap US$714.5M (₩986.1B)

Overview

BHCo makes flexible printed circuit boards (FPCBs), thin, bendable wiring boards that connect components inside smartphones, tablets, laptops, wearables, and display and camera modules.

Listed on KOSPI, Korea's main stock exchange, it supplies these boards to global electronics manufacturers as a core component in their devices. The company operates two divisions: its main FPCB business and an automotive unit (BH EVS) focused on in-car wireless phone charging systems.

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

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$1.3B

▲ +2.2% YoY

Operating profit · FY2025

US$39.1M

▼ −38.0% YoY

Net income · FY2025

US$29.5M

▼ −47.6% YoY

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$1.2B(₩1.6T)	US$1.3B(₩1.8T)	US$1.3B(₩1.8T)
Operating profit	US$61.4M(₩84.8B)	US$63.1M(₩87.1B)	US$39.1M(₩54B)
Net income	US$61.5M(₩84.9B)	US$56.2M(₩77.6B)	US$29.5M(₩40.6B)

Revenue

FY2023US$1.2B
FY2024US$1.3B
FY2025US$1.3B

Operating profit

FY2023US$61.4M
FY2024US$63.1M
FY2025US$39.1M

Net income

FY2023US$61.5M
FY2024US$56.2M
FY2025US$29.5M

Key ratios (FY2025)

ROE

5.1%

Debt/Eq

73.3%

Op. margin

3.0%

Net margin

2.3%

Rev. YoY

▲ +2.2%

Why it matters

BHCo's automotive electronics arm operates under the separate brand BH EVS, distinguishing it structurally from a pure consumer-electronics components supplier.

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