Hancom Lifecare

한컴라이프케어 · 372910

Health Care Medical Devices · KOSPI

Small-cap

Market cap US$40.2M (₩55.5B)

Overview

Hancom Lifecare makes personal protective equipment, gear such as respirators, protective clothing, helmets, boots, and gloves designed to keep workers safe in hazardous environments such as toxic-gas sites, oxygen-deficient confined spaces, and fire emergencies.

Its products are used by firefighters, industrial workers, and emergency responders. The company is listed on KOSPI, South Korea's main stock exchange. Its product range spans both industrial safety and disaster-response applications, making it a broad-line supplier within the personal protective equipment market.

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

Financials

Source: DART · FY ending Dec · latest FY2025

Revenue · FY2025

US$66.7M

▼ −12.1% YoY

Operating profit · FY2025

−US$527K

Turned to loss

Net income · FY2025

−US$5.6M

Turned to loss

Revenue, operating profit and net income by fiscal year (USD; KRW in parentheses).
Metric	FY2023	FY2024	FY2025
Revenue	US$81.7M(₩112.8B)	US$75.9M(₩104.8B)	US$66.7M(₩92.1B)
Operating profit	US$1.3M(₩1.8B)	US$5.4M(₩7.5B)	−US$527K(−₩727.3M)
Net income	US$631.2K(₩871.1M)	US$5.3M(₩7.3B)	−US$5.6M(−₩7.7B)

Revenue

FY2023US$81.7M
FY2024US$75.9M
FY2025US$66.7M

Operating profit

FY2023US$1.3M
FY2024US$5.4M
FY2025−US$527K

Net income

FY2023US$631.2K
FY2024US$5.3M
FY2025−US$5.6M

Key ratios (FY2025)

ROE

-6.0%

Debt/Eq

59.3%

Op. margin

-0.8%

Net margin

-8.3%

Rev. YoY

▼ −12.1%

Why it matters

South Korea's Serious Accidents Punishment Act, which took effect in early this decade, strengthened legal obligations on employers to provide adequate personal protective equipment, directly affecting demand in Hancom Lifecare's core market.

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