Hyosung Heavy Industries Corporation
Hyosung Heavy Industries Corporation (KRX: 298040) is trading at ₩2,494,000.00, about ₹1,80,342 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, down 3.63% today. Hyosung Heavy Industries is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
₩2,480,000.00
Today's high
₩2,606,000.00
52 week low
₩1,418,000.00
52 week high
₩4,742,000.00
298040 opened at ₩2,605,000.00, closed previously at ₩2,588,000.00, and has traded between ₩1,418,000.00 and ₩4,742,000.00 over the past 52 weeks.
About
Hyosung Heavy Industries Corporation, founded in Seoul, South Korea, in 1962, operates as a prominent global manufacturer and distributor of heavy-duty electrical equipment. The company's extensive product portfolio encompasses a broad spectrum of solutions for power transmission and distribution. This includes various transformers (power, oil-immersed, cast-resin, and specialized models), shunt reactors, high-voltage and medium/low-voltage switchgears, and advanced high-voltage direct current (HVDC) transmission systems. They also provide STATCOM devices designed to enhance power system stability and quality, alongside comprehensive turnkey solutions. Beyond core electrical components, Hyosung offers sophisticated system and engineering services. These feature condition monitoring systems, asset health management programs, power system maintenance, and both power and process automation solutions. The company is also a key player in the renewable energy sector, supplying energy storage systems, solar inverters, and wind turbines, in addition to offering engineering, procurement, and construction (EPC) services for solar energy projects. Its manufacturing capabilities extend to a wide array of motors, including high and low voltage, DC, general industrial, and special-purpose motors, as well as commercial and emergency power generators. Hyosung further provides chemical equipment, filling stations, industrial gas supply systems, diverse gearboxes, special gear units, and various welding machines (ARC, resistance, and special spot welders). In a distinct division, the corporation undertakes a diverse range of construction activities. These span housing projects, urban redevelopment and reconstruction, business and commercial facility development, civil engineering, environmental initiatives, and Social Overhead Capital (SOC) projects. Additionally, Hyosung offers power conditioning and power management systems. The company maintains a significant international presence, exporting its offerings to markets across North and South America, the Middle East, Africa, and Europe.
Key statistics
Avg. volume
52.84K
Market cap
₩23.22T
P/E Ratio
39.72
Price-to-sales ratio
3.62
Enterprise value
₩17.22T
Free cash flow yield
1.99%
Debt-to-equity ratio
0.27
Return on equity
22.11%
ROIC
13.32%
Beta
2.15
Dividend yield
0.30%
Last dividend
₩7,500.00
Financial overview
Revenue
₩5.97T
Earnings per share
₩55,832.00
Free cash flow
₩330.10B
Net profit margin
9.11%
Gross margin
21.75%
EBITDA
₩746.97B
Revenue growth
21.93%
Similar securities
This is not an investment recommendation
Hyosung Heavy Industries for Indian investors
Hyosung Heavy Industries is listed on the Korea Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Hyosung Heavy Industries for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm KST
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Hyosung Heavy Industries’ current yield is 0.30%.Dividend tax explained
FAQs
Can I buy Hyosung Heavy Industries on Paasa?
Hyosung Heavy Industries (298040) has been listed on the Korea Exchange since 2018, in the Electrical Equipment & Parts industry. Hyosung Heavy Industries is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Hyosung Heavy Industries share cost in rupees?
One Hyosung Heavy Industries share is ₩2,494,000.00 — about ₹1,80,342 at a KRW/INR rate of 0.0723 on 7 Oct 2026. Both the Hyosung Heavy Industries price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Hyosung Heavy Industries shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the KRW/INR rate on the purchase and the sale date, so the rupee move counts alongside the Hyosung Heavy Industries price.
Does Hyosung Heavy Industries pay a dividend, and how is it taxed in India?
Yes. Hyosung Heavy Industries pays a dividend and the current yield is 0.30%; the last declared dividend was ₩7,500.00 per share, about ₹542.33. Dividends are taxed at your slab rate in India.
When does KRX trade, in Indian time?
The Korea Exchange trades 5:30 am – 12:00 pm IST in Indian time.
Do I have to declare Hyosung Heavy Industries shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Hyosung Heavy Industries?
Yes. Hyosung Heavy Industries is priced in KRW, so your rupee outcome combines the KRW move with the KRW/INR move between the day you remit and the day you convert back.