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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 — | |
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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
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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% |
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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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