5,320
-0.75%
Close of 9 Nov 2026, in KRW
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About SIMPAC
Its shares trade on KRX under the ticker 009160.KS. It has been listed since 29 July 1989. In the fiscal year to 31 December 2025, it reported revenue of ₩1.18trn and net income of ₩20.58bn. At that date it held total assets of ₩1.33trn and shareholders' equity of ₩670.34bn.
SIMPAC, Inc. engages in the manufacture of metal cutting and compressing machines. The company is headquartered in Incheon, Incheon. The Company’s products consist of mechanical presses, including coordinate frame (C-frame) crank presses, solid frame presses, transfer presses, liner guide link presses, straight side crank presses, crankless presses, as well as servo presses and hydraulic presses. The firm also produces automation equipment, including transfer robots, shuttle robots, loaders, unloaders, new uncoiler leveler (NC) feeders, NC feeders, blanking lines and slitting lines. In addition, it engages in the rental business. The firm distributes its products within domestic market and to overseas markets. On February 11, 2014, the Company acquired a 98% stake in BONG SHIN Co.Ltd.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 29 Jul 1989
- Employees
- 517
- Website
- simpac.co.kr ↗
Leadership
Pay as last reported
- Wung Seop ShimPresident, Director
- Jin Sik ChoiChief Executive Officer, Director, since 2015
- Hyo Seok SongVice Chairman
- Chang Seok OhManaging Director
- Sun Mo JungManaging Director, since 2012
- Seung Jae HongInternal Auditor
- Dong Hwan LeeAssistant Managing Director
- Yun Jae BaekNon-Executive Independent Director, since 2013
- Wu Jin JooNon-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- SIMPAC Inc manufactures mechanical presses including C-frame crank presses and servo presses.
- The company produces automation equipment like transfer robots and NC feeders for metal processing.
- SIMPAC Inc acquired 98% stake in BONG SHIN Co.Ltd on February 11, 2014.
Weaknesses
- SIMPAC Inc has 517 employees which is a small workforce for machinery manufacturing.
- The company is headquartered in Incheon, South Korea, limiting its global reach.
- SIMPAC Inc's business is limited to metal cutting and compressing machines.
Opportunities
- SIMPAC Inc can expand its automation equipment sales to overseas markets beyond domestic.
- The machinery sector in South Korea offers growth potential for metal processing equipment.
- SIMPAC Inc can leverage its 98% stake in BONG SHIN Co.Ltd for new product development.
Threats
- SIMPAC Inc faces competition from other machinery manufacturers in South Korea.
- The global machinery market is sensitive to economic downturns affecting demand.
- SIMPAC Inc's reliance on metal cutting and compressing machines exposes it to industry-specific risks.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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