002680

Hantop is a South Korean food and agricultural products company primarily engaged in flour milling and compound feed manufacturing. The company imports wheat from countries such as the United States, Canada, and Australia to produce high-gluten, medium-gluten, and low-gluten flours, which are sold under the brand 'Haebawaragi'. The majority of its flour output is supplied to secondary processors, including noodle, bakery, and confectionery manufacturers, while the remainder is sold to end consumers. Hantop also produces animal feed using raw materials like corn, wheat bran, and soybean products, marketed under the brands 'Peak N', 'Almax', and 'Alsam', with a focus on the Gyeongnam region. The company operates through several subsidiaries: Ki Works, which manufactures medical devices for painless anesthetic injection; CHOICE PRO-TECH, a Vietnam-based manufacturer of protective tapes for the display industry; S-B, which provides automotive repair services; Cheonglim Farm, a laying hen farm; S-B Investment, a venture capital firm; and Q-Haus, which specializes in the production of fresh Chinese-style noodles and food distribution.

Summarised from the company's own disclosures, fiscal year ended Apr 2026

Industry Packaged Foods Homepage hantop.com
Sector Consumer Defensive IR page —
Tags
flour milling, compound feed, medical devices, protective tape, automotive repair, laying hen farming, venture capital, fresh noodle manufacturing, b2b food supply, Haebawaragi, Peak N, Almax, Alsam, Ki Works, CHOICE PRO-TECH, S-B, Cheonglim Farm, S-B Investment, Q-Haus
Press page —

Metrics

Valuation  
Market cap ₩ 19.972B
P/E -0.18
P/BV 1.11
P/S 0.25
P/OCF -38.77
P/FCF -11.52
Dividend yield —
Turnover / mcap —
Returns  
ROE 4.5%
ROI 4.4%
ROIC 5.9%
Profit margin 2.5%
Growth  
Revenue growing No
Profits growing Yes
Revenue up 3y No
Revenue up 5y No
Quality  
Profitable Yes
Margin expanding No
Buying back stock —
Diluting (TTM) —
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News sentiment (TTM) —
Quality score -26.7%
Insiders  
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Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013
Revenue 82.4B 84.89B 94.846B 99.124B 78.892B 77.324B 92.249B 109.877B 125.094B 128.08B 125.205B 110.419B 108.103B
Free cash flow 1.152B -1.966B 7.306B -11.926B -6.259B -3.433B — — — — — — —

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Hantop (ticker 002680), listed in South Korea.