OverviewSuggest Edit

Hyosung is a conglomerate engaged in the textile, trading, heavy industries, construction, industrial materials, and chemical products businesses. It operates through Hyosung TNC, Hyosung Heavy Industries, Hyosung Advanced Materials, and Hyosung Chemical companies. Hyosung TNC supplies fiber, textiles, and dye products such as spandex, nylon, and polyester. Additionally, it is active in the trading of steel, chemicals, and LED solutions. Hyosung Heavy Industries provides motors, generators, transformers, circuit breakers, industrial machinery, gear solutions, welding machines, energy storage systems, solar inverters, and wind turbines. It is also involved in construction activities. Hyosung Advanced Materials offers tire cords, car mats, airbags, and carbon fiber. Hyosung Chemical manufactures propylene, polypropylene, optical and industrial films, industrial polyketone, and other products. In addition, Hyosung develops solutions for the IT infrastructure and financial service automation sectors.

TypePublic
Founded1966
HQSeoul, KR
Websitehyosung.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2018)8,118
Revenue (FY, 2019)₩3.4 T(+13%)
Share Price (Oct 2021)₩105.5 K
Cybersecurity ratingCMore
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Key People/Management at Hyosung

Cho Hyun-joon

Cho Hyun-joon

Chairman
Kyoo-Young Kim

Kyoo-Young Kim

President
H.S. Cho

H.S. Cho

Vice Chairman
Sang-Myeung Chung

Sang-Myeung Chung

Outside Director
Jung-Dong Chae

Jung-Dong Chae

Outside Director
Myung-ja Kim

Myung-ja Kim

Outside Director
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Hyosung Office Locations

Hyosung has offices in Seoul, Anyang, Cheongwon-gun, Daegu and in 63 other locations
Seoul, KR (HQ)
119 Mapo-daero, Ahyeon-dong, Mapo-gu
Anyang, KR
74 Simin-daero, Hogye 2(i)-dong, Dongan-gu
Cheongwon-gun, KR
Oksan-myeon
Daegu, KR
Seongseogongdan-ro, Dalseo-gu
Daejeon, KR
Munpyeongseo-ro, Moksang-dong, Daedeok-gu
Gumi-si, KR
Simi-dong
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Hyosung Financials and Metrics

Hyosung Revenue

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Hyosung's revenue was reported to be ₩3.37 t in FY, 2019 which is a 12.8% increase from the previous period.
KRW

Revenue (Q3, 2020)

719.5b

Gross profit (Q3, 2020)

112.4b

Gross profit margin (Q3, 2020), %

15.6%

Net income (Q3, 2020)

78.1b

EBITDA (Q3, 2020)

51.4b

EBIT (Q3, 2020)

45.4b

Market capitalization (21-Oct-2021)

2.1t

Closing stock price (21-Oct-2021)

105.5k

Cash (30-Sept-2020)

154.3b

EV

2.9t
Hyosung's current market capitalization is ₩2.1 t.
Annual
KRWFY, 2017FY, 2018FY, 2019

Revenue

12.5t3.0t3.4t

Revenue growth, %

(76%)13%

Cost of goods sold

10.7t2.6t2.8t

Gross profit

1.9t438.5b544.8b
Quarterly
KRWQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

597.6b757.6b791.9b740.4b941.0b784.0b676.9b659.8b719.5b

Cost of goods sold

522.3b642.1b670.2b631.2b761.1b683.8b589.6b569.3b607.1b

Gross profit

75.3b115.5b121.7b109.2b179.9b100.2b87.3b90.5b112.4b

Gross profit Margin, %

13%15%15%15%19%13%13%14%16%
Annual
KRWFY, 2017FY, 2018FY, 2019

Cash

501.1b341.2b189.3b

Accounts Receivable

1.4t310.7b263.4b

Inventories

1.7t498.4b573.7b

Current Assets

4.6t1.4t1.3t
Quarterly
KRWQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

305.9b285.3b146.3b292.0b361.8b154.3b

Current Assets

1.5t1.5t1.4t1.5t1.6t3.7t

Total Assets

6.6t6.7t6.5t6.6t6.6t6.5t

Current Liabilities

2.6t2.5t2.3t2.5t2.4t3.3t
KRWFY, 2017FY, 2018FY, 2019

Cash From Operating Activities

684.6b264.0b140.8b

Purchases of PP&E

(704.3b)(358.1b)(565.0m)

Cash From Investing Activities

(970.2b)(633.5b)(127.8b)

Short-term Borrowings

(10.4t)(6.7t)(1.0t)
KRWFY, 2017

Revenue/Employee

1.5b

Debt/Equity

1.9 x

Debt/Assets

0.5 x

Financial Leverage

3.8 x
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Hyosung Operating Metrics

FY, 2018FY, 2019

Business Areas

86

Production Sites

3536

Countries (Manufacturing Sites)

912

Business Sites

114111
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Hyosung Acquisitions / Subsidiaries

Company NameDateDeal Size
ATM Plus
Central Trade Investment Ltd.
Forza Motors Korea Corp.
Gongdeokgyeongwoo development Corporation
GST Safety Textiles Mexico S. de R.L. de C.V
HanaLandchip Private Real Estate Investment Trust No. 39
HICO America Sales & Tech.
Hyosung Capital Co.
Hyosung Capital the 27th Securitization Specialty Co.
Hyosung Financial System (Huizhou) Co.
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Hyosung Revenue Breakdown

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Hyosung revenue breakdown by business segment: 5.9% from Finance, 51.0% from Others, 6.4% from Imported Car Dealer, 7.2% from Pump Manufacturing and 29.5% from Information Communication

Hyosung revenue breakdown by geographic segment: 6.8% from Europe, 33.9% from North and Central America, 58.4% from Republic of Korea and 0.9% from Other

Human Capital Metrics

Hyosung's employees are reported to be approximately 10% female and 90% male.
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Hyosung Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Hyosung Online and Social Media Presence

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Hyosung News and Updates

Hydrogen Hope Fuels Shares Of Korean Conglomerate Hyosung, Mints New Billionaire

Cho Hyun-sang, part of the family that controls the South Korean industrial conglomerate Hyosung Group, broke into the billionaire ranks for the first time, as shares of an industrial materials subsidiary, Hyosung Advanced Materials, soared more than 400% since the start of the year.

Cho Hyun-joon, chairman of Hyosung, to target the post-COVID US market

SEOUL, South Korea and MEMPHIS, Tennessee, Sept. 14, 2021 /PRNewswire/ -- Cho Hyun-joon, chairman of Hyosung, embarked to full-fledge target the United States (hereinafter addressed as U.S.) market, the world's largest market, in preparation for the post-COVID era. Hyosung announced on...

Global TCF in Air Springs Market (2021 to 2026) - Featuring Grodno Azot OAO, Hyosung Advanced Materials and Indorama Among Others

Dublin, Sept. 01, 2021 (GLOBE NEWSWIRE) -- The "TCF Market in Air Springs: Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026" report has been added to ResearchAndMarkets.com's offering. An air spring, the most important part of an air suspension system; c…

Hyosung Chairman Cho Hyun-joon takes the lead in ESG for a sustainable business

SEOUL, South Korea, Aug. 25, 2021 /PRNewswire/ -- Hyosung Chairman Cho Hyun-joon is taking the lead in applying more ESG elements to Hyosung Group's core business processes. "ESG is an identity that Hyosung must have to become a premium brand in the global market", said Hyosung Chairman...

Hyosung Heavy to build large liquid hydrogen plant

Hyosung Heavy Industries will invest 1 trillion won ($883 million) in a liquefied hydrogen plant in Ulsan, and wants to make it the largest factory of its kind.

Hyundai Motor, SK, POSCO and Hyosung Collaborating in Hydrogen Industry

Hyundai Motor Group chairman Chung Eui-sun, SK Group chairman Chey Tae-won, POSCO Group chairman Choi Jung-woo and Hyosung Group chairman Cho Hyun-joon gathered together on June 10 in order to strengthen their partnership in the hydrogen industry.
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Hyosung Frequently Asked Questions

  • When was Hyosung founded?

    Hyosung was founded in 1966.

  • Who are Hyosung key executives?

    Hyosung's key executives are Cho Hyun-joon, Kyoo-Young Kim and H.S. Cho.

  • How many employees does Hyosung have?

    Hyosung has 8,118 employees.

  • What is Hyosung revenue?

    Latest Hyosung annual revenue is ₩3.4 t.

  • What is Hyosung revenue per employee?

    Latest Hyosung revenue per employee is ₩415.6 m.

  • Who are Hyosung competitors?

    Competitors of Hyosung include SK Group, Solvay and Toray Industries.

  • Where is Hyosung headquarters?

    Hyosung headquarters is located at 119 Mapo-daero, Ahyeon-dong, Mapo-gu, Seoul.

  • Where are Hyosung offices?

    Hyosung has offices in Seoul, Anyang, Cheongwon-gun, Daegu and in 63 other locations.

  • How many offices does Hyosung have?

    Hyosung has 84 offices.