- South Korea
- /
- Electrical
- /
- KOSE:A298040
Hyosung Heavy Industries Second Quarter 2024 Earnings: EPS: ₩3,866 (vs ₩5,843 in 2Q 2023)
Hyosung Heavy Industries (KRX:298040) Second Quarter 2024 Results
Key Financial Results
- Revenue: ₩1.19t (up 6.3% from 2Q 2023).
- Net income: ₩36.0b (down 34% from 2Q 2023).
- Profit margin: 3.0% (down from 4.8% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: ₩3,866 (down from ₩5,843 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hyosung Heavy Industries Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in South Korea.
Performance of the South Korean Electrical industry.
The company's shares are up 9.3% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Hyosung Heavy Industries (at least 1 which is potentially serious), and understanding them should be part of your investment process.
Valuation is complex, but we're here to simplify it.
Discover if Hyosung Heavy Industries might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About KOSE:A298040
Hyosung Heavy Industries
Manufactures and sells heavy electrical equipment in South Korea and internationally.
Undervalued with high growth potential.