KRX Shipbuilding TOP10 Index
The index consists of 10 companies listed in South Korea that are closely related to the shipbuilding industry, with an emphasis on exports and marine engines.
Sentiment Summary
Recent Events
Q1 2026 earnings release scheduled.
Hanwha Ocean is scheduled to announce its Q1 2026 earnings results on April 27, 2026, with analysts forecasting a significant year-over-year increase in operating profit; a medium price impact is forecasted.
First quarter 2026 earnings release scheduled for April 23, 2026. Analysts forecast a significant year-on-year increase in revenue and operating profit, driven by the construction of high-margin vessels, scheduled. Medium importance is estimated due to the potential for significant earnings surprises in the shipbuilding sector.
Announced the winning of an order for one Suezmax crude oil tanker from an African shipowner for approximately KRW 132.9 billion on 2026-04-16, representing 10.82% of recent sales; moderate price impact expected.
Announced contracts on April 16, 2026, to build two Liquefied Petroleum Gas (LPG) carriers and two Pure Car and Truck Carriers (PCTC) for European shipowners, totaling approximately 745.1 billion KRW.
Announced a KRW 398.5 billion contract with a European shipowner for two Pure Car and Truck Carriers (PCTC), equivalent to 2.27% of recent annual sales. The contract size suggests a minor positive impact.
Meritz Securities raised its target price, forecasting Q1 2026 operating profit of KRW 48.9 billion (+119.2% YoY) and citing structural profit growth from high-value engine sales and favorable currency effects, estimated.
Executives from US shipbuilder GD NASSCO visited the Geoje shipyard on April 15, 2026, to discuss expanding cooperation on the US Navy's Next-Generation Logistics Ship (NGLS) program and collaboration in automation and smart shipyard technology; this visit is estimated to have a 1-2% price impact expected.
Multiple securities firms, including SK Securities and Meritz Securities, released forecasts for the company's Q1 2026 earnings around April 14-16, 2026; a low impact of 1% is expected as the operating profit of ₩97.3-100.3 billion is estimated.
Announced a $20 million (approx. 29.6 billion KRW) investment in its U.S. subsidiary, HANKUK COMPOSITE US, INC., to establish a local production facility on 2026-04-13. The stock price rose over 11% on the news.