Upcoming Dividend • Jun 22
Upcoming dividend of ₩60.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 29 July 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 7.2%. Within top quartile of South Korean dividend payers (4.2%). Higher than average of industry peers (2.5%). Reported Earnings • Mar 18
Full year 2025 earnings released: EPS: ₩563 (vs ₩310 in FY 2024) Full year 2025 results: EPS: ₩563 (up from ₩310 in FY 2024). Revenue: ₩674.6b (down 1.8% from FY 2024). Net income: ₩15.8b (up 83% from FY 2024). Profit margin: 2.3% (up from 1.3% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Logistics industry in Asia. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Aankondiging • Feb 24
Hansol Logistics Co., Ltd., Annual General Meeting, Mar 23, 2026 Hansol Logistics Co., Ltd., Annual General Meeting, Mar 23, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 100, eulji-ro, jung-gu, seoul South Korea Aankondiging • Dec 11
Hansol Logistics Co., Ltd. announces Annual dividend Hansol Logistics Co., Ltd. announced Annual dividend of KRW 200.0000 per share, ex-date on December 29, 2025 and record date on December 31, 2025. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩126 (vs ₩110 in 3Q 2024) Third quarter 2025 results: EPS: ₩126 (up from ₩110 in 3Q 2024). Revenue: ₩169.5b (down 3.6% from 3Q 2024). Net income: ₩3.55b (up 16% from 3Q 2024). Profit margin: 2.1% (up from 1.7% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Logistics industry in Asia. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 19
Second quarter 2025 earnings released: EPS: ₩261 (vs ₩109 in 2Q 2024) Second quarter 2025 results: EPS: ₩261 (up from ₩109 in 2Q 2024). Revenue: ₩178.1b (up 3.3% from 2Q 2024). Net income: ₩7.35b (up 141% from 2Q 2024). Profit margin: 4.1% (up from 1.8% in 2Q 2024). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Logistics industry in Asia. Over the last 3 years on average, earnings per share has fallen by 33% 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. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩3,180, the stock trades at a trailing P/E ratio of 12.4x. Average forward P/E is 15x in the Logistics industry in South Korea. Total returns to shareholders of 8.9% over the past three years. Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: ₩310 (vs ₩672 in FY 2023) Full year 2024 results: EPS: ₩310 (down from ₩672 in FY 2023). Revenue: ₩687.0b (down 5.4% from FY 2023). Net income: ₩8.68b (down 53% from FY 2023). Profit margin: 1.3% (down from 2.6% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Aankondiging • Feb 26
Hansol Logistics Co., Ltd., Annual General Meeting, Mar 19, 2025 Hansol Logistics Co., Ltd., Annual General Meeting, Mar 19, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 100, eulji-ro, jung-gu, seoul South Korea New Risk • Nov 22
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.6% Last year net profit margin: 2.4% 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: Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (₩60.5b market cap, or US$43.2m). Buy Or Sell Opportunity • Sep 19
Now 20% overvalued Over the last 90 days, the stock has fallen 22% to ₩2,420. The fair value is estimated to be ₩2,016, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 16%. Buy Or Sell Opportunity • Sep 02
Now 20% overvalued Over the last 90 days, the stock has fallen 13% to ₩2,420. The fair value is estimated to be ₩2,011, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 16%. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: ₩109 (vs ₩314 in 2Q 2023) Second quarter 2024 results: EPS: ₩109 (down from ₩314 in 2Q 2023). Revenue: ₩172.3b (down 3.1% from 2Q 2023). Net income: ₩3.05b (down 65% from 2Q 2023). Profit margin: 1.8% (down from 4.9% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 15% per year. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩69.4b market cap, or US$50.9m). Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩3,175, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 8x in the Logistics industry in South Korea. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩2,795, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 6x in the Logistics industry in South Korea. Total loss to shareholders of 10% over the past three years. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: ₩209 (vs ₩194 in 1Q 2023) First quarter 2024 results: EPS: ₩209 (up from ₩194 in 1Q 2023). Revenue: ₩168.0b (down 10% from 1Q 2023). Net income: ₩5.77b (up 8.1% from 1Q 2023). Profit margin: 3.4% (up from 2.9% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. New Risk • May 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Market cap is less than US$100m (₩64.2b market cap, or US$46.6m). Upcoming Dividend • Dec 20
Upcoming dividend of ₩70.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 10 April 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (2.5%). Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: ₩882 (vs ₩855 in FY 2021) Full year 2022 results: EPS: ₩882 (up from ₩855 in FY 2021). Revenue: ₩1.02t (up 36% from FY 2021). Net income: ₩24.2b (up 3.2% from FY 2021). Profit margin: 2.4% (down from 3.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 46% per year. Upcoming Dividend • Dec 21
Upcoming dividend of ₩60.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 03 April 2023. Payout ratio is a comfortable 7.1% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.1%). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩2,600, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 6x in the Logistics industry in South Korea. Total returns to shareholders of 119% over the past three years. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩3,730, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 15x in the Logistics industry in Asia. Total returns to shareholders of 177% over the past three years. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 21% share price gain to ₩4,345, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 6x in the Logistics industry in South Korea. Total returns to shareholders of 224% over the past three years. Reported Earnings • Feb 24
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: ₩855 (up from ₩316 in FY 2020). Revenue: ₩747.0b (up 47% from FY 2020). Net income: ₩23.5b (up 170% from FY 2020). Profit margin: 3.1% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) missed analyst estimates by 100%. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 22
Upcoming dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 5.3% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.3%). Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS ₩184 (vs ₩136 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ₩182.6b (up 44% from 3Q 2020). Net income: ₩5.05b (up 35% from 3Q 2020). Profit margin: 2.8% (down from 2.9% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 16% share price gain to ₩4,785, the stock trades at a trailing P/E ratio of 5.3x. Average forward P/E is 18x in the Logistics industry in South Korea. Total returns to shareholders of 283% over the past three years. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 24% share price gain to ₩5,170, the stock trades at a trailing P/E ratio of 13.4x. Average forward P/E is 21x in the Logistics industry in South Korea. Total returns to shareholders of 226% over the past three years. Aankondiging • Jul 23
Hansol Logistics Co., Ltd. (KOSE:A009180) entered into an agreement to acquire Eastern Logistics Inc. for approximately KRW 7.8 billion. Hansol Logistics Co., Ltd. (KOSE:A009180) entered into an agreement to acquire Eastern Logistics Inc. for approximately KRW 7.8 billion on July 22, 2021. The transaction is expected to close on August 2, 2021. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 28% share price gain to ₩5,140, the stock trades at a trailing P/E ratio of 13.3x. Average forward P/E is 20x in the Logistics industry in South Korea. Total returns to shareholders of 153% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 15% share price gain to ₩3,870, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 12x in the Logistics industry in South Korea. Total returns to shareholders of 78% over the past three years. Reported Earnings • May 19
First quarter 2021 earnings released: EPS ₩135 (vs ₩66.00 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩154.6b (up 30% from 1Q 2020). Net income: ₩3.72b (up 103% from 1Q 2020). Profit margin: 2.4% (up from 1.5% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 19
Full year 2020 earnings released: EPS ₩316 (vs ₩215 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₩509.6b (up 11% from FY 2019). Net income: ₩8.69b (up 47% from FY 2019). Profit margin: 1.7% (up from 1.3% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 16% share price gain to ₩3,555, the stock trades at a trailing P/E ratio of 11.4x, up from the previous P/E ratio of 9.8x. Average P/E is 11x in the Logistics industry in South Korea. Total returns to shareholders over the past three years are 85%. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment improved over the past week After last week's 38% share price gain to ₩3,870, the stock is trading at a trailing P/E ratio of 12.4x, up from the previous P/E ratio of 9x. This compares to an average P/E of 12x in the Logistics industry in South Korea. Total returns to shareholders over the past three years are 149%. Is New 90 Day High Low • Feb 17
New 90-day high: ₩3,870 The company is up 76% from its price of ₩2,195 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 30% share price gain to ₩2,995, the stock is trading at a trailing P/E ratio of 9.6x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 11x in the Logistics industry in South Korea. Total returns to shareholders over the past three years are 95%. Is New 90 Day High Low • Jan 05
New 90-day high: ₩2,995 The company is up 46% from its price of ₩2,055 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 29% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩40.00 Per Share Will be paid on the 10th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.8% is below the top quartile of South Korean dividend payers (2.6%), but it is higher than industry peers (1.0%). Is New 90 Day High Low • Dec 09
New 90-day high: ₩2,430 The company is up 13% from its price of ₩2,145 on 10 September 2020. The South Korean market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Logistics industry, which is up 32% over the same period.