Finebesteel
화인베스틸 · 133820
Materials Steel · KOSPI
Market cap US$29.7M (₩41B)
Overview
Finebesteel makes structural steel sections, shaped steel profiles used in shipbuilding and civil construction.
Its core product is an inverted-angle section that reinforces the thick steel plates inside a ship's hull, helping absorb wave impact and reduce overall vessel weight; it also produces sheet piles and other general structural sections. The company, listed on KOSPI (Korea's main board), supplies primarily to large South Korean shipbuilders, with HD현대중공업, HD현대삼호중공업, HD한국조선해양, and 한화오션 named as key customers. Its steel business is its sole operating segment, though it is expanding into smart-factory automation and energy technology through subsidiaries.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$95.8M
- FY2024US$86.4M
- FY2025US$134.9M
Operating profit
- FY2023−US$14.3M
- FY2024−US$13.9M
- FY2025−US$1.2M
Net income
- FY2023−US$13.1M
- FY2024−US$21.4M
- FY2025−US$4.4M
Key ratios (FY2025)
Why it matters
Finebesteel has two subsidiaries, ㈜인포인, focused on digital-twin software and robot automation, and 넥서스가스, targeting hydrogen and ammonia equipment in the energy sector.
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