View ValuationHojeon 향후 성장Future 기준 점검 0/6Hojeon의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Luxury 이익 성장14.2%매출 성장률3.1%향후 자기자본이익률12.30%애널리스트 커버리지Low마지막 업데이트18 Apr 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesReported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩1,416 (vs ₩2,560 in FY 2024)Full year 2025 results: EPS: ₩1,416 (down from ₩2,560 in FY 2024). Revenue: ₩520.9b (up 12% from FY 2024). Net income: ₩12.5b (down 47% from FY 2024). Profit margin: 2.4% (down from 5.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Dec 22Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Payout ratio is a comfortable 20% and the cash payout ratio is 77%. Trailing yield: 4.7%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.4%).Declared Dividend • Nov 08Dividend of ₩400 announcedDividend of ₩400 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 5.2%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (23% earnings payout ratio) but not covered by cash flows (384% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Nov 07Hojeon Limited announces Annual dividend, payable on April 27, 2026Hojeon Limited announced Annual dividend of KRW 400.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.공시 • Sep 17Hojeon Limited (KOSE:A111110) announces an Equity Buyback for KRW 2,500 million worth of its shares.Hojeon Limited (KOSE:A111110) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,500 million worth of its shares pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance the shareholder value and to stabilize stock price. The repurchase program is valid until March 17, 2026. As of September 16, 2025, the company had 497,472 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.분석 기사 • Aug 19The Market Doesn't Like What It Sees From Hojeon Limited's (KRX:111110) Earnings YetWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider Hojeon...Valuation Update With 7 Day Price Move • Aug 18Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩6,880, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 9x in the Luxury industry in South Korea. Total loss to shareholders of 9.7% over the past three years.New Risk • May 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩74.2b market cap, or US$53.8m).공시 • Feb 28Hojeon Limited, Annual General Meeting, Mar 28, 2025Hojeon Limited, Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 19, mapo-daero, mapo-gu, seoul South KoreaUpcoming Dividend • Dec 20Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 April 2025. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (3.0%).공시 • Sep 24Hojeon Limited (KOSE:A111110) announces an Equity Buyback for KRW 3,000 million worth of its shares.Hojeon Limited (KOSE:A111110) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance the shareholder value and to stabilize stock price. The repurchase program is valid until March 24, 2025. As of September 23, 2024, the company had 497,472 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.공시 • Jun 13Hojeon Limited (KOSE:A111110) agreed to acquire an additional 30.22% stake in PT. YONGJIN JAVASUKA GARMENT for KRW 12.5 billion.Hojeon Limited (KOSE:A111110) agreed to acquire an additional 30.22% stake in PT. YONGJIN JAVASUKA GARMENT for KRW 12.5 billion on June 12, 2024. A cash consideration of KRW 12.51 billion will be paid by Hojeon Limited for 54,425 shares. For the period ending December 31, 2023, PT. YONGJIN JAVASUKA GARMENT reported total revenue of KRW 18.88 billion and net loss of KRW 6.67 billion. As of December 31, 2023, PT. YONGJIN JAVASUKA GARMENT reported total debt of KRW 74.42 billion, total assets of KRW 84.98 billion and total common equity of KRW 46.43 billion. The expected completion of the transaction is June 14, 2024.New Risk • May 27New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (₩68.2b market cap, or US$50.0m).Upcoming Dividend • Dec 20Upcoming dividend of ₩300 per share at 3.7% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).New Risk • Nov 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 6.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.7% net profit margin). Market cap is less than US$100m (₩75.8b market cap, or US$58.6m).Upcoming Dividend • Dec 21Upcoming dividend of ₩250 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 28 April 2023. Payout ratio is a comfortable 7.1% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩7,500, the stock trades at a trailing P/E ratio of 4.7x. Average forward P/E is 6x in the Luxury industry in South Korea. Total loss to shareholders of 38% over the past three years.Upcoming Dividend • Dec 22Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.8%).Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ₩1,965 (vs ₩526 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩129.5b (up 38% from 3Q 2020). Net income: ₩16.0b (up 274% from 3Q 2020). Profit margin: 12% (up from 4.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.분석 기사 • Apr 19Hojeon (KRX:111110) Is Reinvesting At Lower Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Mar 22Are Dividend Investors Making A Mistake With Hojeon Limited (KRX:111110)?Today we'll take a closer look at Hojeon Limited ( KRX:111110 ) from a dividend investor's perspective. Owning a strong...Is New 90 Day High Low • Mar 03New 90-day high: ₩11,150The company is up 20% from its price of ₩9,330 on 03 December 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 17% over the same period.공시 • Feb 27Hojeon Limited, Annual General Meeting, Mar 26, 2021Hojeon Limited, Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time.분석 기사 • Jan 26How Much Did Hojeon's(KRX:111110) Shareholders Earn From Share Price Movements Over The Last Year?It is a pleasure to report that the Hojeon Limited ( KRX:111110 ) is up 34% in the last quarter. But that is minimal...Is New 90 Day High Low • Dec 09New 90-day high: ₩10,100The company is up 14% from its price of ₩8,850 on 10 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 5.0% over the same period.Is New 90 Day High Low • Oct 19New 90-day low: ₩7,780The company is down 17% from its price of ₩9,390 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period.Is New 90 Day High Low • Sep 22New 90-day low: ₩8,120The company is down 18% from its price of ₩9,930 on 24 June 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 5.0% over the same period.이익 및 매출 성장 예측KOSE:A111110 - 애널리스트 향후 추정치 및 과거 재무 데이터 (KRW Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027553,300N/A1,3008,800112/31/2026496,700N/A-11,00016,500112/31/2025520,87812,4835,44925,413N/A9/30/2025493,80917,6184,59027,200N/A6/30/2025503,89115,72292524,047N/A3/31/2025488,28225,886-47,803-17,295N/A12/31/2024463,97323,508-24,697373N/A9/30/2024442,8958,671-41,783-18,726N/A6/30/2024418,72811,688-36,157-17,720N/A3/31/2024436,63012,30727,72048,867N/A12/31/2023441,54917,2438,67725,901N/A9/30/2023461,12317,077-23,561-11,444N/A6/30/2023484,47930,05519,60838,424N/A3/31/2023478,54929,50814,10228,189N/A12/31/2022480,00026,98219,30034,785N/A9/30/2022477,27931,67744,79160,336N/A6/30/2022433,98120,36316,29024,436N/A3/31/2022376,07514,570-4,1832,989N/A12/31/2021344,86811,7749,42913,769N/A9/30/2021315,251-32717,62820,726N/A6/30/2021279,719-11,122-5,094-1,659N/A3/31/2021281,532-14,5923,0546,393N/A12/31/2020292,535-15,9593,1347,908N/A9/30/2020291,419-13,789-29,915-21,334N/A6/30/2020310,290-7,1187,39217,146N/A3/31/2020325,3732,059-16,505-6,835N/A12/31/2019309,7822,599-8,7495,428N/A9/30/2019308,7008,458N/A6,422N/A6/30/2019306,7204,455N/A-6,199N/A3/31/2019304,6385,255N/A13,971N/A12/31/2018313,2724,417N/A5,602N/A9/30/2018323,0944,586N/A4,732N/A6/30/2018326,21511,663N/A-2,656N/A3/31/2018331,2355,683N/A-17,497N/A12/31/2017328,4484,508N/A-17,975N/A9/30/2017314,18710,222N/A-16,859N/A6/30/2017315,6475,505N/A8,795N/A3/31/2017324,68513,703N/A12,202N/A12/31/2016317,02615,923N/A13,426N/A9/30/2016330,66023,190N/A21,744N/A12/31/2015296,93425,832N/A14,917N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: A111110 의 예상 수익 증가율이 절약률(3.1%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: A111110 의 수익이 KR 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: A111110 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: A111110 의 수익(연간 3.1%)이 KR 시장(연간 16.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: A111110 의 수익(연간 3.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: A111110의 자본 수익률은 3년 후 12.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 22:21종가2026/05/22 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Hojeon Limited는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hyeon Jin ParkDB Financial Investment Co. Ltd.null nullDBS Bank LtdSeung Doo NaSK Securities Co., Ltd.
Reported Earnings • Mar 25Full year 2025 earnings released: EPS: ₩1,416 (vs ₩2,560 in FY 2024)Full year 2025 results: EPS: ₩1,416 (down from ₩2,560 in FY 2024). Revenue: ₩520.9b (up 12% from FY 2024). Net income: ₩12.5b (down 47% from FY 2024). Profit margin: 2.4% (down from 5.1% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Luxury industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Dec 22Upcoming dividend of ₩400 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. Payout ratio is a comfortable 20% and the cash payout ratio is 77%. Trailing yield: 4.7%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.4%).
Declared Dividend • Nov 08Dividend of ₩400 announcedDividend of ₩400 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 5.2%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is covered by earnings (23% earnings payout ratio) but not covered by cash flows (384% cash payout ratio). The dividend has increased by an average of 8.1% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Nov 07Hojeon Limited announces Annual dividend, payable on April 27, 2026Hojeon Limited announced Annual dividend of KRW 400.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
공시 • Sep 17Hojeon Limited (KOSE:A111110) announces an Equity Buyback for KRW 2,500 million worth of its shares.Hojeon Limited (KOSE:A111110) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,500 million worth of its shares pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance the shareholder value and to stabilize stock price. The repurchase program is valid until March 17, 2026. As of September 16, 2025, the company had 497,472 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
분석 기사 • Aug 19The Market Doesn't Like What It Sees From Hojeon Limited's (KRX:111110) Earnings YetWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider Hojeon...
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩6,880, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 9x in the Luxury industry in South Korea. Total loss to shareholders of 9.7% over the past three years.
New Risk • May 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 25% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (25% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩74.2b market cap, or US$53.8m).
공시 • Feb 28Hojeon Limited, Annual General Meeting, Mar 28, 2025Hojeon Limited, Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 19, mapo-daero, mapo-gu, seoul South Korea
Upcoming Dividend • Dec 20Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 28 April 2025. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (3.0%).
공시 • Sep 24Hojeon Limited (KOSE:A111110) announces an Equity Buyback for KRW 3,000 million worth of its shares.Hojeon Limited (KOSE:A111110) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of its shares pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to enhance the shareholder value and to stabilize stock price. The repurchase program is valid until March 24, 2025. As of September 23, 2024, the company had 497,472 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase.
공시 • Jun 13Hojeon Limited (KOSE:A111110) agreed to acquire an additional 30.22% stake in PT. YONGJIN JAVASUKA GARMENT for KRW 12.5 billion.Hojeon Limited (KOSE:A111110) agreed to acquire an additional 30.22% stake in PT. YONGJIN JAVASUKA GARMENT for KRW 12.5 billion on June 12, 2024. A cash consideration of KRW 12.51 billion will be paid by Hojeon Limited for 54,425 shares. For the period ending December 31, 2023, PT. YONGJIN JAVASUKA GARMENT reported total revenue of KRW 18.88 billion and net loss of KRW 6.67 billion. As of December 31, 2023, PT. YONGJIN JAVASUKA GARMENT reported total debt of KRW 74.42 billion, total assets of KRW 84.98 billion and total common equity of KRW 46.43 billion. The expected completion of the transaction is June 14, 2024.
New Risk • May 27New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (₩68.2b market cap, or US$50.0m).
Upcoming Dividend • Dec 20Upcoming dividend of ₩300 per share at 3.7% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).
New Risk • Nov 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 6.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.7% net profit margin). Market cap is less than US$100m (₩75.8b market cap, or US$58.6m).
Upcoming Dividend • Dec 21Upcoming dividend of ₩250 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 28 April 2023. Payout ratio is a comfortable 7.1% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩7,500, the stock trades at a trailing P/E ratio of 4.7x. Average forward P/E is 6x in the Luxury industry in South Korea. Total loss to shareholders of 38% over the past three years.
Upcoming Dividend • Dec 22Upcoming dividend of ₩200 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.8%).
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ₩1,965 (vs ₩526 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩129.5b (up 38% from 3Q 2020). Net income: ₩16.0b (up 274% from 3Q 2020). Profit margin: 12% (up from 4.6% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
분석 기사 • Apr 19Hojeon (KRX:111110) Is Reinvesting At Lower Rates Of ReturnIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Mar 22Are Dividend Investors Making A Mistake With Hojeon Limited (KRX:111110)?Today we'll take a closer look at Hojeon Limited ( KRX:111110 ) from a dividend investor's perspective. Owning a strong...
Is New 90 Day High Low • Mar 03New 90-day high: ₩11,150The company is up 20% from its price of ₩9,330 on 03 December 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 17% over the same period.
공시 • Feb 27Hojeon Limited, Annual General Meeting, Mar 26, 2021Hojeon Limited, Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time.
분석 기사 • Jan 26How Much Did Hojeon's(KRX:111110) Shareholders Earn From Share Price Movements Over The Last Year?It is a pleasure to report that the Hojeon Limited ( KRX:111110 ) is up 34% in the last quarter. But that is minimal...
Is New 90 Day High Low • Dec 09New 90-day high: ₩10,100The company is up 14% from its price of ₩8,850 on 10 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 5.0% over the same period.
Is New 90 Day High Low • Oct 19New 90-day low: ₩7,780The company is down 17% from its price of ₩9,390 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Sep 22New 90-day low: ₩8,120The company is down 18% from its price of ₩9,930 on 24 June 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 5.0% over the same period.