Announcement • Jun 23
Heng Sheng Holding Group Limited announced that it expects to receive KRW 16.8 billion in funding Heng Sheng Holding Group Limited announced private placement to issue 28,000,000 common shares at an issue price of KRW 600 for gross proceeds of KRW 16,800,000,000 on June 23, 2026. The transaction includes participation from Hui Mei Nga for 20,000,000 shares, Liu Huan for 5,000,000 shares, Hui Ka Shing for 3,000,000 shares. The common shares are restricted, have a lock up period of 1 year. The company will issue shares by third party allotment. The transaction is approved by board of directors of the company and is expected to close on July 27, 2026. Reported Earnings • Jun 07
First quarter 2026 earnings released: EPS: ₩70.00 (vs ₩51.00 loss in 1Q 2025) First quarter 2026 results: EPS: ₩70.00 (up from ₩51.00 loss in 1Q 2025). Revenue: ₩22.2b (up 20% from 1Q 2025). Net income: ₩1.71b (up ₩2.51b from 1Q 2025). Profit margin: 7.7% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. New Risk • Jun 02
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 14% 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: Major Risk Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (₩19.4b market cap, or US$12.8m).