Financials Hansol Chemical Co., Ltd.

Equities

A014680

KR7014680003

Specialty Chemicals

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
192,300 KRW +1.48% Intraday chart for Hansol Chemical Co., Ltd. +3.55% -15.29%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,175,361 2,178,854 3,399,700 2,017,927 2,469,378 2,091,900 - -
Enterprise Value (EV) 2 1,343 2,276 3,426 2,172 2,469 2,204 2,144 2,208
P/E ratio 13.3 x 18.8 x 22.9 x 13.1 x 23.6 x 17.2 x 13.3 x 9.44 x
Yield 1.42% 0.92% 0.69% 1.13% - 1.17% 1.28% 1.38%
Capitalization / Revenue 2 x 3.52 x 4.42 x 2.28 x 3.2 x 2.44 x 2.13 x 1.88 x
EV / Revenue 2.29 x 3.68 x 4.46 x 2.45 x 3.2 x 2.57 x 2.19 x 1.98 x
EV / EBITDA 9.03 x 12 x 14.3 x 9.24 x 13.9 x 9.82 x 7.64 x 6.03 x
EV / FCF 44.8 x 28.5 x 162 x 35 x - 18.8 x 19.1 x 8.63 x
FCF Yield 2.23% 3.51% 0.62% 2.86% - 5.31% 5.24% 11.6%
Price to Book 2.62 x 3.95 x 4.93 x 2.67 x - 2.23 x 1.91 x 1.59 x
Nbr of stocks (in thousands) 11,088 11,088 11,128 10,878 10,878 10,878 - -
Reference price 3 106,000 196,500 305,500 185,500 227,000 192,300 192,300 192,300
Announcement Date 2/10/20 2/5/21 3/14/22 2/22/23 2/13/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 587.7 619.2 768.7 885.5 771.7 857.7 980.8 1,115
EBITDA 1 148.7 190 240.4 235.2 177.2 224.5 280.7 366.5
EBIT 1 112.8 151.9 208.7 186.1 123.4 153.8 207.6 254.9
Operating Margin 19.2% 24.54% 27.15% 21.02% 15.99% 17.93% 21.16% 22.87%
Earnings before Tax (EBT) 1 119.5 170.7 208.7 194.4 135.5 160.3 213.6 281
Net income 1 93.41 130.1 148.3 157 105.5 123.7 161.4 231
Net margin 15.9% 21.01% 19.3% 17.73% 13.67% 14.42% 16.46% 20.72%
EPS 2 7,942 10,429 13,331 14,150 9,610 11,200 14,498 20,375
Free Cash Flow 3 30,003 79,824 21,105 62,094 - 117,000 112,250 256,000
FCF margin 5,105.46% 12,892.25% 2,745.62% 7,012.5% - 13,641.1% 11,445.03% 22,961.95%
FCF Conversion (EBITDA) 20,173.96% 42,002.01% 8,779.86% 26,399.18% - 52,126.55% 39,991.23% 69,852.55%
FCF Conversion (Net income) 32,119.51% 61,365.01% 14,227.82% 39,561.49% - 94,583.67% 69,547.71% 110,822.51%
Dividend per Share 2 1,500 1,800 2,100 2,100 - 2,252 2,460 2,647
Announcement Date 2/10/20 2/5/21 3/14/22 2/22/23 2/13/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 196.5 207.8 222.2 230.7 216 216.5 197.3 194.7 188.3 191.5 201.3 206.4 214.6 228.5
EBITDA - - - - - - - - - - - - - -
EBIT 1 56.02 35.51 54.12 60.44 45.73 25.83 34.9 32.64 35.58 21.02 37.38 40.75 46.02 32.3
Operating Margin 28.51% 17.09% 24.35% 26.2% 21.17% 11.93% 17.69% 16.77% 18.9% 10.98% 18.56% 19.74% 21.44% 14.13%
Earnings before Tax (EBT) 1 59.84 33.21 58.1 66.67 50.24 19.42 38.41 36.57 39.95 20.67 40.5 42.3 47.1 38
Net income 1 42.69 22.12 40.95 45.83 33.99 36.18 28.1 28.98 29.62 18.65 29.9 31.2 34.8 28
Net margin 21.72% 10.64% 18.43% 19.87% 15.73% 16.71% 14.25% 14.89% 15.73% 9.74% 14.85% 15.12% 16.21% 12.25%
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/12/21 3/14/22 5/12/22 8/12/22 11/11/22 2/22/23 5/15/23 8/11/23 11/10/23 2/13/24 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 168 97.5 26.6 154 - 112 52 117
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.13 x 0.513 x 0.1105 x 0.6566 x - 0.5006 x 0.1853 x 0.318 x
Free Cash Flow 2 30,003 79,824 21,105 62,094 - 117,000 112,250 256,000
ROE (net income / shareholders' equity) 19.3% 22.8% 23.1% 21.6% 11.8% 13.9% 15.8% 19.2%
ROA (Net income/ Total Assets) 10.8% 13.4% 13.5% 12.8% - 8.77% 10.7% 13.6%
Assets 1 866.1 969.1 1,098 1,225 - 1,411 1,503 1,699
Book Value Per Share 3 40,405 49,791 61,948 69,393 - 86,221 100,483 120,567
Cash Flow per Share 3 9,151 14,855 12,870 15,656 - 15,770 19,746 27,452
Capex 1 71.6 85.2 122 112 - 141 158 200
Capex / Sales 12.18% 13.76% 15.89% 12.6% - 16.44% 16.08% 17.94%
Announcement Date 2/10/20 2/5/21 3/14/22 2/22/23 2/13/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
192,300 KRW
Average target price
258,125 KRW
Spread / Average Target
+34.23%
Consensus

Quarterly revenue - Rate of surprise

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