Financials Hyosung Advanced Materials Corporation

Equities

A298050

KR7298050006

Textiles & Leather Goods

End-of-day quote Korea S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
337,000 KRW +0.75% Intraday chart for Hyosung Advanced Materials Corporation +0.75% -15.64%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 - - 2,662,941 1,490,085 1,784,975 1,662,104 - -
Enterprise Value (EV) 2 - - 4,170 3,097 1,785 3,319 3,287 3,302
P/E ratio -7.09 x 8,278 x 10.6 x 11.9 x 50.2 x 13.9 x 10.3 x 12.7 x
Yield - - 1.68% 4.5% - 3.07% 3.11% 2.82%
Capitalization / Revenue - - 0.74 x 0.39 x 0.56 x 0.49 x 0.45 x 0.44 x
EV / Revenue - - 1.16 x 0.81 x 0.56 x 0.97 x 0.9 x 0.88 x
EV / EBITDA - - 6.75 x 6.19 x 5.16 x 7.33 x 6.37 x 6.18 x
EV / FCF - - 48.2 x 25.2 x - 27.1 x 20.2 x 19.9 x
FCF Yield - - 2.07% 3.97% - 3.69% 4.96% 5.03%
Price to Book 1.53 x 2.13 x 4.41 x 2.11 x - 2.11 x 1.95 x 1.81 x
Nbr of stocks (in thousands) - - 4,468 4,468 4,468 4,468 - -
Reference price 3 111,000 149,000 596,000 333,500 399,500 372,000 372,000 372,000
Announcement Date 2/5/20 1/29/21 1/26/22 2/1/23 1/29/24 - - -
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 3,054 2,395 3,598 3,841 3,202 3,409 3,655 3,772
EBITDA 1 332.6 210.6 617.8 500.6 345.9 452.8 516.1 534.7
EBIT 1 158.3 34.21 437.3 315.1 172.4 251.3 317.5 320
Operating Margin 5.18% 1.43% 12.16% 8.2% 5.38% 7.37% 8.69% 8.48%
Earnings before Tax (EBT) 1 52.27 1.105 411.8 213.2 73.34 179.7 245.5 273
Net income 1 -69.99 0.0786 250.7 125.3 35.55 120.1 162 130.7
Net margin -2.29% 0% 6.97% 3.26% 1.11% 3.52% 4.43% 3.46%
EPS 2 -15,664 18.00 56,109 28,053 7,957 26,824 36,231 29,228
Free Cash Flow 3 -111,161 151,389 86,500 122,824 - 122,425 163,000 166,000
FCF margin -3,640.32% 6,322.05% 2,404.26% 3,197.39% - 3,591.6% 4,459.45% 4,401.24%
FCF Conversion (EBITDA) - 71,895.84% 14,001% 24,535.26% - 27,038.32% 31,585.07% 31,047.38%
FCF Conversion (Net income) - 192,558,135.4% 34,503.79% 97,992.48% - 101,935.89% 100,606.93% 127,040.81%
Dividend per Share 2 - - 10,000 15,000 - 11,429 11,571 10,500
Announcement Date 2/5/20 1/29/21 1/26/22 2/1/23 1/29/24 - - -
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 1 967.1 988.8 1,003 1,025 975.3 837.9 834.5 816.4 783.3 768.2 813.2 854.2 885.6 855.6
EBITDA - - - - - - - - - - - - - -
EBIT 1 139.8 96.26 101.6 97.57 66.06 49.79 67.33 48.63 35.65 20.76 49.38 62.5 69.12 67.16
Operating Margin 14.46% 9.73% 10.13% 9.52% 6.77% 5.94% 8.07% 5.96% 4.55% 2.7% 6.07% 7.32% 7.8% 7.85%
Earnings before Tax (EBT) 1 128.2 96.11 93.76 75.39 39.92 4.09 47.56 20.76 6.639 -1.628 33.28 44.98 50.13 56.37
Net income 1 75 57.8 56.07 45.56 21.64 2.065 33.05 12.06 2.93 -12.49 20.72 29.54 35.35 37.72
Net margin 7.76% 5.85% 5.59% 4.45% 2.22% 0.25% 3.96% 1.48% 0.37% -1.63% 2.55% 3.46% 3.99% 4.41%
EPS - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 10/29/21 1/26/22 4/28/22 7/27/22 11/10/22 2/1/23 4/28/23 7/28/23 10/27/23 1/29/24 - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,721 1,553 1,507 1,607 - 1,657 1,625 1,640
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.174 x 7.373 x 2.44 x 3.21 x - 3.659 x 3.148 x 3.067 x
Free Cash Flow 2 -111,161 151,389 86,500 122,824 - 122,425 163,000 166,000
ROE (net income / shareholders' equity) -19.7% 1.73% 54.7% 21.1% - 16.1% 19% 13.9%
ROA (Net income/ Total Assets) -2.76% 0.28% 9.49% 4.29% - 5.05% 6.23% 5.9%
Assets 1 2,533 28.33 2,643 2,922 - 2,378 2,599 2,215
Book Value Per Share 3 72,388 70,017 135,183 157,920 - 176,392 190,516 205,934
Cash Flow per Share 3 28,428 69,916 52,520 78,435 - 82,553 82,227 87,332
Capex 1 238 161 148 228 - 277 257 207
Capex / Sales 7.8% 6.72% 4.12% 5.93% - 8.14% 7.03% 5.49%
Announcement Date 2/5/20 1/29/21 1/26/22 2/1/23 1/29/24 - - -
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
7
Last Close Price
337,000 KRW
Average target price
507,143 KRW
Spread / Average Target
+50.49%
Consensus

Quarterly revenue - Rate of surprise

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