HD Hyundai Marine Solution Co Ltd — Cyborg Score 7/10
Strong
Marine Engineering Services & Ship Aftermarket
Strategic Profile
The company provides integrated engineering-based services to Hyundai brand ships, supplies genuine spare parts and customized services, and provides maintenance and repair services. It offers genuine parts, technical support, and operation and maintenance services for stationary engine power plants, engages in the design and installation of retrofit parts including scrubbers and BWTS, and provides performance improvement services such as ship bow/propeller modification and ship optimization.
Cyborg Score Rationale
The company achieved 22.02% revenue growth in 2024, reaching 1.75 trillion KRW. Net income increased significantly from 52,997.05 to 79,751.73 between consecutive quarters. The company operates in the resilient marine services aftermarket with strategic positioning within the HD Hyundai ecosystem.
Top Insights
Revenue grew 22.02% year-over-year to 1.75 trillion KRW in 2024
Quarterly net income increased 50.48% sequentially to 79.75 billion KRW
Company specializes in maritime retrofit solutions including scrubbers and BWTS for environmental compliance
Operates as a subsidiary of HD Hyundai Co., Ltd., providing integrated support across the shipbuilding conglomerate
Named Competitors
Damen Shipyards — Marine engineering and ship services
Lloyd's Register — Classification society and technical services
Bureau Veritas — Marine and offshore inspection services
Recent Developments
(Q4 2025) Strong earnings beat with 4.68% EPS surprise; net income increased to 79.75B KRW