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A000

Hitejinro Holdings KOSE:A000140 Stock Report

Last Price

₩10.05k

Market Cap

₩220.9b

7D

-7.4%

1Y

-28.5%

Updated

30 Sep, 2022

Data

Company Financials
A000140 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends4/6

A000140 Stock Overview

Hitejinro Holdings Co., Ltd., through its subsidiaries, manufactures and sells beer/shochu and soju primarily in South Korea.

Hitejinro Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hitejinro Holdings
Historical stock prices
Current Share Price₩10,050.00
52 Week High₩15,550.00
52 Week Low₩9,720.00
Beta1.13
1 Month Change-12.61%
3 Month Change-11.06%
1 Year Change-28.47%
3 Year Change-9.05%
5 Year Change-9.46%
Change since IPO-40.75%

Recent News & Updates

Shareholder Returns

A000140KR BeverageKR Market
7D-7.4%-4.0%-5.5%
1Y-28.5%-13.6%-28.7%

Return vs Industry: A000140 underperformed the KR Beverage industry which returned -13.6% over the past year.

Return vs Market: A000140 matched the KR Market which returned -28.7% over the past year.

Price Volatility

Is A000140's price volatile compared to industry and market?
A000140 volatility
A000140 Average Weekly Movement4.0%
Beverage Industry Average Movement4.0%
Market Average Movement5.9%
10% most volatile stocks in KR Market10.7%
10% least volatile stocks in KR Market3.6%

Stable Share Price: A000140 is less volatile than 75% of KR stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: A000140's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193315In Kyu Kimhttps://www.hitejinroholdings.com

Hitejinro Holdings Co., Ltd., through its subsidiaries, manufactures and sells beer/shochu and soju primarily in South Korea. The company also manufactures and sells packaging glass containers and bottled water. In addition, it is involved in the golf course operations and investment business.

Hitejinro Holdings Fundamentals Summary

How do Hitejinro Holdings's earnings and revenue compare to its market cap?
A000140 fundamental statistics
Market Cap₩220.91b
Earnings (TTM)₩41.88b
Revenue (TTM)₩2.32t

5.2x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
A000140 income statement (TTM)
Revenue₩2.32t
Cost of Revenue₩1.33t
Gross Profit₩991.74b
Other Expenses₩949.86b
Earnings₩41.88b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.92k
Gross Margin42.71%
Net Profit Margin1.80%
Debt/Equity Ratio138.6%

How did A000140 perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

23%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is A000140 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for A000140?

Other financial metrics that can be useful for relative valuation.

A000140 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA5.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does A000140's PE Ratio compare to its peers?

A000140 PE Ratio vs Peers
The above table shows the PE ratio for A000140 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18.1x
A023900 Pungguk Ethanol Industrial
32.4xn/a₩147.4b
A018120 Jinro Distillers
18.4xn/a₩140.0b
A043650 Kook Soon Dang.Co.Ltd
9.1xn/a₩111.4b
A001130 Daehan Flour MillsLtd
12.5xn/a₩209.8b
A000140 Hitejinro Holdings
5.2xn/a₩220.9b

Price-To-Earnings vs Peers: A000140 is good value based on its Price-To-Earnings Ratio (5.2x) compared to the peer average (18.1x).


Price to Earnings Ratio vs Industry

How does A000140's PE Ratio compare vs other companies in the Asian Beverage Industry?

Price-To-Earnings vs Industry: A000140 is good value based on its Price-To-Earnings Ratio (5.2x) compared to the Asian Beverage industry average (23.4x)


Price to Earnings Ratio vs Fair Ratio

What is A000140's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

A000140 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.2x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate A000140's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of A000140 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A000140 (₩10050) is trading below our estimate of fair value (₩30477.49)

Significantly Below Fair Value: A000140 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Hitejinro Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.3%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hitejinro Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether Hitejinro Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Hitejinro Holdings performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


56.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A000140 has a large one-off loss of ₩46.5B impacting its June 30 2022 financial results.

Growing Profit Margin: A000140's current net profit margins (1.8%) are lower than last year (2.6%).


Past Earnings Growth Analysis

Earnings Trend: A000140's earnings have grown significantly by 56% per year over the past 5 years.

Accelerating Growth: A000140's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A000140 had negative earnings growth (-26.9%) over the past year, making it difficult to compare to the Beverage industry average (-26.9%).


Return on Equity

High ROE: A000140's Return on Equity (8%) is considered low.


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Financial Health

How is Hitejinro Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: A000140's short term assets (₩1,133.4B) do not cover its short term liabilities (₩2,042.7B).

Long Term Liabilities: A000140's short term assets (₩1,133.4B) exceed its long term liabilities (₩872.4B).


Debt to Equity History and Analysis

Debt Level: A000140's net debt to equity ratio (89.4%) is considered high.

Reducing Debt: A000140's debt to equity ratio has reduced from 148.9% to 138.6% over the past 5 years.

Debt Coverage: A000140's debt is well covered by operating cash flow (25.4%).

Interest Coverage: A000140's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


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Dividend

What is Hitejinro Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.48%

Current Dividend Yield

Dividend Yield vs Market

Hitejinro Holdings Dividend Yield vs Market
How does Hitejinro Holdings dividend yield compare to the market?
SegmentDividend Yield
Company (Hitejinro Holdings)4.5%
Market Bottom 25% (KR)1.1%
Market Top 25% (KR)3.5%
Industry Average (Beverage)2.7%
Analyst forecast in 3 Years (Hitejinro Holdings)n/a

Notable Dividend: A000140's dividend (4.48%) is higher than the bottom 25% of dividend payers in the KR market (1.14%).

High Dividend: A000140's dividend (4.48%) is in the top 25% of dividend payers in the KR market (3.54%)


Stability and Growth of Payments

Stable Dividend: A000140 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: A000140's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (22.7%), A000140's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (3.5%), A000140's dividend payments are thoroughly covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

In Kyu Kim (60 yo)

no data

Tenure

Mr. In Kyu Kim has been Chief Executive Officer of Hitejinro Holdings Co., Ltd. since March 27, 2017 and serves as its President and Representative Director of Hitejinro Holdings Co., Ltd.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of A000140?
Owner TypeNumber of SharesOwnership Percentage
Institutions779,3783.6%
General Public6,334,62029.0%
Individual Insiders6,850,10231.4%
Public Companies7,871,93236.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 14 shareholders own 70.99% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
36.05%
HITEJINRO Co., Ltd.
7,871,932₩79.1b0%no data
31.35%
Moon-Deuk Park
6,846,249₩68.8b0%no data
2.75%
Hite Cultural Foundation, Endowment Arm
600,380₩6.0b0%no data
0.73%
Dimensional Fund Advisors LP
158,941₩1.6b0.34%no data
0.085%
AXA Investment Managers S.A.
18,486₩185.8m0%no data
0.013%
Mun-hyo Park
2,743₩27.6m0%no data
0.0072%
SEI Investments Company
1,571₩15.8m0%no data
0.004%
Mi-jeong Kim
869₩8.7m0%no data
0.00046%
Gi-Won Kim
100₩1.0m0%no data
0.00023%
Kyungtag Choi
50₩502.5k0%no data
0.00023%
In Kyu Kim
50₩502.5k0%no data
0.00009%
Chang-Gyu Kim
20₩201.0k0%no data
0.00007%
Hui Jeong Noh
15₩150.8k0%no data
0.00003%
Yeong Hui Noh
6₩60.3k0%no data

Company Information

Hitejinro Holdings Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Hitejinro Holdings Co., Ltd.
  • Ticker: A000140
  • Exchange: KOSE
  • Founded: 1933
  • Industry: Brewers
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: ₩220.911b
  • Shares outstanding: 21.84m
  • Website: https://www.hitejinroholdings.com

Number of Employees


Location

  • Hitejinro Holdings Co., Ltd.
  • Hitejinro Building
  • Seochojungang-road
  • Seoul
  • South Korea


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A000140KOSE (Korea Stock Exchange)YesCommon StockKRKRWMar 1989
A000145KOSE (Korea Stock Exchange)Preferred SharesKRKRWNov 1993

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/30 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.