Korean stocks by theme
Korean Shipbuilding Stocks
Korean shipyards won 11.6 million CGT of new ship orders (247 vessels) in 2025, about 21% of the global total and second to China at 63%, according to Clarksons Research data reported in January 2026. Korean yards concentrate on higher-value ships such as LNG carriers, large container ships and tankers, and several also build naval vessels. HD Hyundai's shipbuilding businesses sit under HD Korea Shipbuilding & Offshore Engineering, while Hanwha Ocean is controlled by Hanwha Aerospace.
The listed companies
Market value on the Korea Exchange as of Oct 23, 2026, converted at KRW 1,326 per USD, and 12-month share price change in won.
| Company · KRX code | What it makes | Market value | 12 months |
|---|---|---|---|
| HD Hyundai Heavy Industries329180 | LNG carriers, container ships, tankers and naval vessels (77.9% of 1H26 revenue), marine engines (15.0%) and offshore plants (6.8%); absorbed HD Hyundai Mipo on 2025-12-01. | KRW 32.0tn$24bn | -47.1% |
| HD Korea Shipbuilding & Offshore Engineering009540 | Intermediate holding company for HD Hyundai's shipbuilding arm (incl. HD Hyundai Heavy Industries and HD Hyundai Samho); 1H26 consolidated revenue was 82.9% shipbuilding. | KRW 17.6tn$13bn | -44.4% |
| Hanwha Ocean042660 | LNG carriers, VLCCs and container ships, plus submarines, naval ships and offshore structures. | KRW 16.9tn$13bn | -59.0% |
| Samsung Heavy Industries010140 | LNG carriers, ultra-large container ships, tankers and floating offshore units (FLNG/FPSO), 94.2% of 1H26 revenue; construction 5.8%. | KRW 14.8tn$11bn | -29.6% |
| HD Hyundai Marine Solution443060 | Ship after-sales services: parts and maintenance for ships and engines, bunkering, eco-retrofits and digital ship solutions. | KRW 8.8tn$7bn | -16.7% |
| HJ Shipbuilding & Construction097230 | Naval and government ships (landing ships, patrol craft) and commercial vessels (53.4% of 1H26 revenue) alongside a construction business (46.0%). | KRW 1.1tn$1bn | -56.5% |
Research on Korean Shipbuilding Stocks
- Hanwha Succession: Who Gained Among the Three Kim Brothers, from One Basket to Three PathsOct 24, 2026
- KOSPI Crash 7.57%: AI Fear Belongs to Chips, but Hanwha Ocean (042660.KS) and Korean Shipbuilders Were Sold Too, a Fear Zone at Grade 1Oct 15, 2026
- Debt-to-Equity Ratio and Interest Coverage Ratio Explained: 41 of 53 Korean Companies That Can’t Cover Interest Had Low Debt Ratios (Korean Stocks)Oct 11, 2026
- Free Cash Flow (FCF) Explained: Formula, FCF Yield and Samsung Electronics’ KRW 243tn of Cash (Korean Stocks)Oct 10, 2026
- EV/EBITDA Explained: Enterprise Value, Net Debt, EBITDA and How It Differs from PER (Korean Stock Examples)Oct 9, 2026
About this page
- Numbers from the Korea Exchange (KRX) and Yahoo Finance; refreshed when new research is published on this site.
- Company facts were checked on 2026-10-16 against these sources:
- view.asiae.co.kr/en/article/2026010709203304033
- maritime-executive.com/article/south-korean-shipbuilders-achieve-market-share-gains-for-20
- dart.fss.or.kr/dsaf001/main.do?rcpNo=20260814002879
- dart.fss.or.kr/dsaf001/main.do?rcpNo=20260814002569
- dart.fss.or.kr/dsaf001/main.do?rcpNo=20260814003496
- dart.fss.or.kr/dsaf001/main.do?rcpNo=20260812000829
- dart.fss.or.kr/dsaf001/main.do?rcpNo=20260812000297
- dart.fss.or.kr/dsaf001/main.do?rcpNo=20260814001752
- dart.fss.or.kr/dsaf001/main.do?rcpNo=20251201000400
- kind.krx.co.kr/investwarn/delcompany.do?method=searchDelCompanySub¤tPageSize=50&page
Information only. It is not investment advice.