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W.I.C is an automotive parts manufacturer established in 2015 through a spin-off from Woori Industry Holdings. The company produces air conditioning and electrical components for vehicles, with core products including HVAC actuators, PTC heaters, control units, and fan coils. It operates as a second-tier supplier to major automotive tier-one suppliers such as Hanon Systems, Hyundai Mobis, and DOWON Air Conditioning in South Korea, and DENSO, MAHLE, YINLUN, and MARELLI internationally. Since 2022, W.I.C has also registered as a direct tier-one supplier for Hyundai, Kia, and major European automakers, selling PTC and coolant heaters directly to these OEMs. The company serves markets in North America and Europe, supported by a global network of subsidiaries and production facilities in China, India, Thailand, the United States, Slovakia, Mexico, and Vietnam. W.I.C develops components for electric and hydrogen fuel cell vehicles, maintaining partnerships with global automotive manufacturers and holding certifications including ISO 14001 and IATF 16949. Summarised from the company's own disclosures, fiscal year ended Mar 2026 |
Industry Auto Parts | Homepage woory.com |
| Sector Consumer Cyclical | IR page — | |
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Tags
automotive air conditioning, ptc heaters, hvac actuators, fan coils, control units, electric vehicle components, hydrogen fuel cell components, tier-one supplier, tier-two supplier, global sourcing, Woori Industry Holdings, Hanon Systems, Hyundai Mobis, DOWON Air Conditioning, DENSO, MAHLE, YINLUN, MARELLI, Hyundai, Kia, Stellantis, Maruti Suzuki, Ford, GM, Visteon, DaimlerChrysler, WR America Inc.
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Metrics
| Valuation | |
|---|---|
| Market cap | ₩ 56.272B |
| P/E | 2.58 |
| P/BV | 0.44 |
| P/S | 0.11 |
| P/OCF | 2.78 |
| P/FCF | 4.15 |
| Dividend yield | — |
| Turnover / mcap | — |
| Returns | |
|---|---|
| ROE | 12.2% |
| ROI | 11.6% |
| ROIC | 13.4% |
| Profit margin | 2.6% |
| Growth | |
|---|---|
| Revenue growing | Yes |
| Profits growing | No |
| Revenue up 3y | Yes |
| Revenue up 5y | No |
| Quality | |
|---|---|
| Profitable | Yes |
| Margin expanding | No |
| Buying back stock | — |
| Diluting (TTM) | — |
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| News sentiment (TTM) | — |
| Quality score | 53.3% |
| Insiders | |
|---|---|
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