HighGrowth investors / ages 30-50
K-Shipbuilding Export Drive Portfolio
Concentrated bet on the Korean shipbuilding super-cycle driven by LNG carrier orders, eco-friendly vessel transition, and 3.5+ years of backlog lasting through 2026.
Expected Return
12-20% annually
Expected Dividend
0.8%
Rebalancing
Quarterly
Asset Allocation
009540 (30%)
010140 (25%)
042660 (25%)
329180 (20%)
KR009540HD Korea Shipbuilding & Offshore
Industry-leading 2026 order target of $23.3B; LNG carrier slots sold out through 2029
30%
KR010140Samsung Heavy Industries
2026 order target of $13.9B with profitability turnaround from improved offshore and LNG mix
25%
KR042660Hanwha Ocean
Top foreign net-buy shipbuilder; consecutive LNG carrier and VLCC orders driving re-rating
25%
KR329180HD Hyundai Heavy Industries
Commercial shipbuilding pure-play post defense spin-off; attractive PBR vs. peers
20%
Advantages
- ✓Structural high-margin cycle from LNG carrier and eco-ship transition
- ✓Big-3 oligopoly with supplier pricing power
- ✓High earnings visibility with 3+ years of backlog
Risks
- !Margin erosion if steel plate prices spike
- !FX headwinds from a weak USD / strong KRW
- !Cyclical volatility inherent to shipbuilding
Allocation by Investment Amount
₩1,000,000
009540₩300,000
010140₩250,000
042660₩250,000
329180₩200,000
₩5,000,000
009540₩1,500,000
010140₩1,250,000
042660₩1,250,000
329180₩1,000,000
₩10,000,000
009540₩3,000,000
010140₩2,500,000
042660₩2,500,000
329180₩2,000,000