Hyosung Heavy Industries (298040) Stock Price, Fundamentals & Analysis

What 298040 does

Hyosung Heavy Industries (298040) manufactures and sells heavy electrical equipment in South Korea. The company offers transmission and distribution products, such as power, oil-immersed distribution, cast-resin, and special transformers; shunt reactors, high voltage switchgears, medium/low voltage switchgears, and high voltage direct current transmission systems; STATCOM, a power electronic based device to enhance the power system stability and quality; and turnkey solutions. It also provides system and engineering solutions, including condition monitoring systems; asset health management, power system maintenance, power automation, and process automation solutions; and renewable energy products comprising energy storage systems, solar inverters, and wind turbines, as well as engineering, procurement, and construction services for solar energy projects.

Key numbers explained

• The current price is 2,896,000 KRW, reflecting what investors pay for one share today.
• The forward P/E ratio of 23.5 shows the price relative to expected future earnings; a higher number can mean the market expects strong growth.
• The dividend yield of 0.26% indicates the annual cash return relative to the share price; the ex-dividend date is Dec 29, 2025.
• Only 12% of earnings are paid out as dividends, meaning the company retains most of its profit for reinvestment.
• Beta of 2.17 suggests the stock tends to move more than the overall market, amplifying both gains and losses.
• The 52-week range of 1,315,000 – 4,742,000 KRW shows the lowest and highest traded prices over the past year, with the current price near the lower end of that span.
• The trailing 12-month revenue of 6.41T KRW and revenue growth of 10.6% show the scale and recent top-line expansion of the business.
• Return on equity of 23.4% measures how efficiently the company generates profit from shareholders’ capital.

What to watch

• The Korea Exchange listing and sector placement mean the stock can be influenced by Korean industrial policy, currency moves, and domestic infrastructure spending.
• As a large-cap industrials name, Hyosung Heavy Industries often moves with broader Korean market trends; it is part of the KOSPI 200, which tracks major Korean equities.
• Investors in the electrical equipment space may compare it with peers such as POSCO Future M (003670), Hanwha Systems (272210), Doosan Enerbility (034020), and other Korean industrials like CJ (001040), HD Hyundai Marine Engine (071970), HD Construction Equipment (267270), and Hyundai Rotem (064350).
• The company’s exposure to renewable energy products and turnkey projects can make it sensitive to government energy policies and global demand for clean-energy infrastructure.
• The relatively high beta of 2.17 and wide 52-week price range suggest the share can experience significant volatility, so position sizing and risk tolerance are worth considering.