Financials HWASEUNG Industries Co.,Ltd.

Equities

A006060

KR7006060008

Footwear

End-of-day quote Korea S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
4,105 KRW +0.61% Intraday chart for HWASEUNG Industries Co.,Ltd. +2.75% +18.81%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 373,299 642,007 380,044 322,309 192,944 171,357
Enterprise Value (EV) 1 711,840 1,031,871 613,801 766,578 743,472 740,836
P/E ratio 18.5 x 10.9 x 10.2 x -153 x 230 x -6.87 x
Yield 0.58% 0.38% 2.64% 3.08% 4.88% -
Capitalization / Revenue 0.34 x 0.45 x 0.29 x 0.24 x 0.1 x 0.12 x
EV / Revenue 0.64 x 0.72 x 0.47 x 0.56 x 0.39 x 0.51 x
EV / EBITDA 7.1 x 6.16 x 4.17 x 8.69 x 4.69 x 6.89 x
EV / FCF -8.35 x -299 x 98.5 x -6.77 x -9.91 x 22.1 x
FCF Yield -12% -0.33% 1.02% -14.8% -10.1% 4.53%
Price to Book 1.37 x 1.94 x 1.08 x 0.89 x 0.56 x 0.54 x
Nbr of stocks (in thousands) 54,576 53,950 53,302 52,838 50,115 49,597
Reference price 2 6,840 11,900 7,130 6,100 3,850 3,455
Announcement Date 3/18/19 3/11/20 3/12/21 3/10/22 3/10/23 3/11/24
1KRW in Million2KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,111,910 1,425,876 1,298,774 1,365,518 1,912,956 1,466,551
EBITDA 1 100,195 167,413 147,277 88,223 158,451 107,544
EBIT 1 57,708 112,613 82,343 17,136 73,281 24,722
Operating Margin 5.19% 7.9% 6.34% 1.25% 3.83% 1.69%
Earnings before Tax (EBT) 1 34,463 99,983 61,618 12,845 20,390 -19,371
Net income 1 20,312 58,951 37,346 -2,094 856.3 -24,986
Net margin 1.83% 4.13% 2.88% -0.15% 0.04% -1.7%
EPS 2 369.5 1,092 697.9 -40.00 16.71 -503.0
Free Cash Flow 1 -85,277 -3,447 6,231 -113,302 -75,031 33,554
FCF margin -7.67% -0.24% 0.48% -8.3% -3.92% 2.29%
FCF Conversion (EBITDA) - - 4.23% - - 31.2%
FCF Conversion (Net income) - - 16.68% - - -
Dividend per Share 2 40.00 45.00 188.0 188.0 188.0 -
Announcement Date 3/18/19 3/11/20 3/12/21 3/10/22 3/10/23 3/11/24
1KRW in Million2KRW
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 338,541 389,863 233,757 444,268 550,528 569,479
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.379 x 2.329 x 1.587 x 5.036 x 3.474 x 5.295 x
Free Cash Flow 1 -85,277 -3,447 6,231 -113,302 -75,031 33,554
ROE (net income / shareholders' equity) 7.78% 20% 9.24% -0.67% 0.01% -5.04%
ROA (Net income/ Total Assets) 3.86% 6.22% 3.81% 0.7% 2.68% 0.9%
Assets 1 525,737 947,274 981,193 -300,191 31,938 -2,775,610
Book Value Per Share 2 4,975 6,123 6,622 6,826 6,884 6,366
Cash Flow per Share 2 1,775 2,373 5,890 4,711 4,829 3,459
Capex 1 116,032 80,622 108,302 106,987 142,107 58,328
Capex / Sales 10.44% 5.65% 8.34% 7.83% 7.43% 3.98%
Announcement Date 3/18/19 3/11/20 3/12/21 3/10/22 3/10/23 3/11/24
1KRW in Million2KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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