Duyuru • Mar 12
Hanchang Corporation, Annual General Meeting, Mar 31, 2026 Hanchang Corporation, Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 38, jangan-ro, gijang-gun, busan South Korea Duyuru • Jun 09
Hanchang Corporation announced that it has received KRW 2.5 billion in funding On June 9, 2025, Hanchang Corporation has closed the transaction. Duyuru • Mar 13
Hanchang Corporation, Annual General Meeting, Mar 31, 2025 Hanchang Corporation, Annual General Meeting, Mar 31, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 38, jangan-ro, gijang-gun, busan South Korea Duyuru • Jul 23
E-Starco. Co. Ltd (KOSE:A015020) cancelled the acquisition of 16.35% stake in Hanchang Corporation (KOSE:A005110) from Titan Equity Partners, LLC. E-Starco. Co. Ltd (KOSE:A015020) agreed to acquire 16.35% stake in Hanchang Corporation (KOSE:A005110) from Titan Equity Partners, LLC for approximately KRW 10 billion on June 12, 2024. As part of the transaction, E-Starco. will acquire 3.04 million shares of Hanchang.
E-Starco. Co. Ltd (KOSE:A015020) cancelled the acquisition of 16.35% stake in Hanchang Corporation (KOSE:A005110) from Titan Equity Partners, LLC on July 22, 2024. Reported Earnings • Mar 30
Full year 2023 earnings released: ₩323 loss per share (vs ₩49.99 loss in FY 2022) Full year 2023 results: ₩323 loss per share (further deteriorated from ₩49.99 loss in FY 2022). Revenue: ₩66.3b (down 26% from FY 2022). Net loss: ₩25.7b (loss widened ₩22.0b from FY 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 41% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 23
Second quarter 2023 earnings released: ₩351 loss per share (vs ₩63.58 loss in 2Q 2022) Second quarter 2023 results: ₩351 loss per share (further deteriorated from ₩63.58 loss in 2Q 2022). Revenue: ₩15.5b (down 38% from 2Q 2022). Net loss: ₩27.9b (loss widened ₩23.5b from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. New Risk • Aug 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 54% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (₩27.5b market cap, or US$20.6m). Reported Earnings • Apr 01
Full year 2022 earnings released: ₩49.99 loss per share (vs ₩386 loss in FY 2021) Full year 2022 results: ₩49.99 loss per share (improved from ₩386 loss in FY 2021). Revenue: ₩89.3b (up 154% from FY 2021). Net loss: ₩3.66b (loss narrowed 86% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 28% per year. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: ₩128 (vs ₩32.67 loss in 3Q 2021) Third quarter 2022 results: EPS: ₩128 (up from ₩32.67 loss in 3Q 2021). Revenue: ₩20.6b (up 254% from 3Q 2021). Net income: ₩8.80b (up ₩11.0b from 3Q 2021). Profit margin: 43% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 28
Full year 2020 earnings released: ₩321 loss per share (vs ₩17.78 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ₩35.8b (down 40% from FY 2019). Net loss: ₩13.4b (loss widened ₩12.8b from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Duyuru • Mar 10
Hanchang Corporation, Annual General Meeting, Mar 31, 2021 Hanchang Corporation, Annual General Meeting, Mar 31, 2021, at 10:00 Korea Standard Time. Is New 90 Day High Low • Mar 02
New 90-day low: ₩1,260 The company is down 6.0% from its price of ₩1,340 on 02 December 2020. The South Korean market is up 12% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Communications industry, which is also down 6.0% over the same period. Duyuru • Feb 27
Hanchang Corporation announced that it has received KRW 10 billion in funding from Eugene Investment & Securities Co.,Ltd. and another investor On February 26, 2021, Hanchang Corporation (KOSE:A005110) closed the transaction. Duyuru • Feb 25
Hanchang Corporation announced that it expects to receive KRW 10 billion in funding from Eugene Investment & Securities Co.,Ltd., and another investor Hanchang Corporation (KOSE:A005110) announced a private placement of 64th series domestic unregistered coupon unguaranteed private convertible bond for gross proceeds of KRW 10,000,000,000 on February 24, 2021. The transaction will include participation from Eugene Investment & Securities Co.,Ltd. (KOSE:A001200) for KRW 7,000,000,000 and Synergy Turnaround New Technology Fund 11 for KRW 3,000,000,000. The bonds will carry a coupon rate of 3% per annum, and interest rate to maturity of 5% per annum. The bonds will have a maturity date of February 26, 2024. The bonds are fully convertible into 7,352,941 common shares at a fixed conversion price of KRW 1,360 per share representing 9.92% stake in the company. The conversion period will start from February 26, 2022 and will end on January 26, 2024. The bonds will have the subscription date and payment date of February 26, 2021. The bonds will have hold period of one year. The transaction has been approved by the board of directors of the company. Is New 90 Day High Low • Jan 12
New 90-day high: ₩1,700 The company is up 46% from its price of ₩1,165 on 14 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 22
New 90-day high: ₩1,455 The company is up 16% from its price of ₩1,255 on 23 September 2020. The South Korean market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is up 2.0% over the same period. Is New 90 Day High Low • Oct 26
New 90-day low: ₩1,050 The company is down 44% from its price of ₩1,870 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 6.0% over the same period. Duyuru • Sep 24
Hanchang Corporation has completed a Follow-on Equity Offering in the amount of KRW 26.272 billion. Hanchang Corporation has completed a Follow-on Equity Offering in the amount of KRW 26.272 billion.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 32,000,000
Price\Range: KRW 821
Discount Per Security: KRW 0.14778
Transaction Features: Rights Offering