Hwaseung Enterprise Co., Ltd.
Hwaseung Enterprise Co., Ltd. (KRX: 241590) is trading at ₩2,680.00, about ₹190 at today's KRW/INR rate, as of 1 Oct 2026, 2:30 AM ET, up 1.13% today. Hwaseung Enterprise is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
₩2,625.00
Today's high
₩2,680.00
52 week low
₩2,625.00
52 week high
₩6,080.00
241590 opened at ₩2,675.00, closed previously at ₩2,650.00, and has traded between ₩2,625.00 and ₩6,080.00 over the past 52 weeks.
About
Hwaseung Enterprise Co., Ltd. primarily focuses on the creation and commercialization of athletic footwear. In addition to its core business of shoe manufacturing, the company engages in the procurement and distribution of various raw materials, including natural, synthetic, and recycled rubber, as well as EVA. Its operations further encompass the trade of pepper and diverse chemical compounds. A unique service it offers involves providing water supplies to other shoe production facilities. The natural rubber sold by Hwaseung Enterprise is specifically utilized by manufacturers for shoes, tires, and adhesive tapes. The company's products reach international markets, with exports directed to South Korea, Indonesia, and China. Established in Seoul, South Korea, in 2015, Hwaseung Enterprise Co., Ltd. operates as a subsidiary of Hwaseung Industries Co., Ltd.
Key statistics
Avg. volume
100.35K
Market cap
₩162.38B
P/E Ratio
-5.30
Price-to-sales ratio
0.11
Enterprise value
₩913.93B
Free cash flow yield
25.04%
Debt-to-equity ratio
2.40
Return on equity
-8.32%
ROIC
3.24%
Beta
0.50
Dividend yield
1.87%
Last dividend
₩50.00
Financial overview
Revenue
₩1.56T
Earnings per share
-₩477.21
Free cash flow
₩74.64B
Net profit margin
-2.04%
Gross margin
11.68%
EBITDA
₩108.13B
Revenue growth
-2.81%
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This is not an investment recommendation
Hwaseung Enterprise for Indian investors
Hwaseung Enterprise is listed on the Korea Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Hwaseung Enterprise for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm KST
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Hwaseung Enterprise’s current yield is 1.87%.Dividend tax explained
FAQs
Can I buy Hwaseung Enterprise on Paasa?
Hwaseung Enterprise (241590) has been listed on the Korea Exchange since 2016, in the Apparel - Footwear & Accessories industry. Hwaseung Enterprise is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Hwaseung Enterprise share cost in rupees?
One Hwaseung Enterprise share is ₩2,680.00 — about ₹190 at a KRW/INR rate of 0.0708 on 30 Sep 2026. Both the Hwaseung Enterprise price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Hwaseung Enterprise shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the KRW/INR rate on the purchase and the sale date, so the rupee move counts alongside the Hwaseung Enterprise price.
Does Hwaseung Enterprise pay a dividend, and how is it taxed in India?
Yes. Hwaseung Enterprise pays a dividend and the current yield is 1.87%; the last declared dividend was ₩50.00 per share, about ₹3.54. Dividends are taxed at your slab rate in India.
When does KRX trade, in Indian time?
The Korea Exchange trades 5:30 am – 12:00 pm IST in Indian time.
Do I have to declare Hwaseung Enterprise shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Hwaseung Enterprise?
Yes. Hwaseung Enterprise is priced in KRW, so your rupee outcome combines the KRW move with the KRW/INR move between the day you remit and the day you convert back.