Samsung Heavy stock secures KRW 672.2 billion LNG order

Published on 10/07/2026 at 06:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Samsung Heavy stock was last at KRW 19,590 on October 7, 2026, 44.6 percent below its 52-week high of KRW 35,350. Q3 operating-profit consensus is KRW 346.3 billion.

Samsung Heavy, KR7010140002, Illustration mit AI erstellt.

Samsung Heavy stock was last at KRW 19,590 on KOSPI on October 7, 2026, while the shipbuilder's latest LNG contract lifted its 2026 commercial order value to USD 8 billion. The order book now matters more than the small intraday decline of 0.56 percent.

LNG orders reach USD 8 billion

According to Yonhap News Agency on October 2, 2026, Samsung Heavy Industries won a KRW 672.2 billion contract for two LNG carriers from an Asian shipowner. Delivery is scheduled for May 2029.

The latest contract brings Samsung Heavy's commercial vessel orders to USD 8 billion for 46 vessels in 2026. Including two floating LNG facilities, total orders have reached USD 12.4 billion for 48 vessels, giving the company a concrete operating cushion for future revenue recognition.

Profit expectations move higher

Chosunbiz reported on October 6, 2026, that consensus for Samsung Heavy's third-quarter operating profit stood at KRW 346.3 billion, compared with KRW 325 billion in the second quarter. The implied increase is 6.6 percent.

The same report put the expected third-quarter operating margin at 10.8 percent. Samsung Heavy's 100 percent hedge ratio also limits the direct effect of post-contract currency movements on operating results, making execution and delivery timing central to the earnings case.

Stock remains below yearly high

At KRW 19,590 on October 7, 2026, the stock stood 44.6 percent below its 52-week high of KRW 35,350 and above its 52-week low of KRW 12,650. Trading volume was 1,416,159 shares, and market capitalization was KRW 16.7 trillion on the same date.

The valuation picture therefore combines a sizeable order pipeline with a wide distance from the yearly high. For investors, the next measurable test is whether the higher-value LNG and offshore backlog converts into the projected operating profit of KRW 346.3 billion in the third quarter.