Hankook Tire & Technology Files Routine Group Disclosure: Stable Financials, Controlling Shareholder at 44.72%
As part of the Hankook & Company Group, Hankook Tire & Technology reported total assets of 8,857.1B KRW, total liabilities of 2,123.2B KRW, and equity of 6,733.9B KRW, with a debt-to-equity ratio of 31.53%, indicating a very stable financial structure.
The company recorded sales of 3,648.4B KRW, operating profit of 162.5B KRW, and net income of 990.8B KRW, maintaining solid profitability.
The largest shareholder, Hankook & Company, holds 30.67%, with the controlling family and related parties holding a combined 44.72%, including 1.52% treasury shares.
Key subsidiaries include Hanon Systems (51.07%), Model Solution (62.92%), and Korea Precision Works (50.10%), along with 56 overseas affiliates.
The board operates ESG and internal transaction committees, and electronic voting is implemented, though general shareholder voting participation is low at 0.18%.
[AI Summary]This is a routine annual disclosure for a large corporate group, containing no material events such as capital raising, dividends, or share buybacks that would directly impact shareholder value. The transparent disclosure of financial health and governance structure may contribute to maintaining long-term investor confidence.
KOSPI Filing Information
Filing: Large Enterprise Group Status Disclosure [Annual And First Quarter Use (Individual Company)]