Financials HAESUNG DS Co., Ltd.

Equities

A195870

KR7195870001

Semiconductors

End-of-day quote Korea S.E. 06:00:00 2024-06-06 pm EDT 5-day change 1st Jan Change
46,700 KRW +0.65% Intraday chart for HAESUNG DS Co., Ltd. +1.52% -15.70%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 268,600 414,800 830,450 609,450 941,800 793,900 - -
Enterprise Value (EV) 2 331.6 477.5 879.1 609.4 882.1 708.1 613.9 497.5
P/E ratio 14.7 x 13.8 x 11.7 x 3.82 x 11.2 x 8.83 x 6.77 x 5.99 x
Yield 2.22% 1.84% 1.23% - - 1.88% 2% 2.23%
Capitalization / Revenue 0.7 x 0.9 x 1.27 x 0.73 x 1.4 x 1.11 x 0.96 x 0.87 x
EV / Revenue 0.87 x 1.04 x 1.34 x 0.73 x 1.31 x 0.99 x 0.74 x 0.55 x
EV / EBITDA 6.6 x 6.7 x 7.37 x 2.5 x 5.99 x 4.63 x 2.87 x 2.24 x
EV / FCF 66.7 x 62.6 x 29.8 x - 17.9 x -8.64 x 7.44 x 3.51 x
FCF Yield 1.5% 1.6% 3.36% - 5.58% -11.6% 13.4% 28.5%
Price to Book 1.29 x 1.79 x 2.82 x - 1.83 x 1.34 x 1.14 x 0.99 x
Nbr of stocks (in thousands) 17,000 17,000 17,000 17,000 17,000 17,000 - -
Reference price 3 15,800 24,400 48,850 35,850 55,400 46,700 46,700 46,700
Announcement Date 1/16/20 1/18/21 1/17/22 1/16/23 2/5/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 381.4 458.7 655.4 839.4 672.2 714.5 830.6 912.6
EBITDA 1 50.27 71.26 119.3 243.4 147.2 153 213.9 222.1
EBIT 1 27.02 43.52 86.33 204.4 102.5 109.7 147 164.6
Operating Margin 7.09% 9.49% 13.17% 24.35% 15.25% 15.36% 17.7% 18.04%
Earnings before Tax (EBT) 1 21.86 37.76 89.52 205.3 105.9 114.3 148.5 167.8
Net income 1 18.33 29.99 71.28 159.4 84.4 89.92 117.3 132.6
Net margin 4.81% 6.54% 10.88% 18.99% 12.56% 12.59% 14.12% 14.53%
EPS 2 1,078 1,764 4,192 9,376 4,966 5,290 6,899 7,797
Free Cash Flow 3 4,971 7,629 29,532 - 49,195 -82,000 82,475 141,850
FCF margin 1,303.4% 1,662.96% 4,506.07% - 7,318.48% -11,476.38% 9,929.7% 15,544.18%
FCF Conversion (EBITDA) 9,888.54% 10,705.94% 24,760.09% - 33,424.72% - 38,564.5% 63,856.13%
FCF Conversion (Net income) 27,117.39% 25,437.72% 41,428.01% - 58,287.69% - 70,326.16% 106,975.87%
Dividend per Share 2 350.0 450.0 600.0 - - 877.8 933.3 1,040
Announcement Date 1/16/20 1/18/21 1/17/22 1/16/23 2/5/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 187.5 199.6 216.2 224.3 199.2 192.4 179.2 155.5 145.1 154.9 159.2 181.3 192.3
EBITDA - - - - - - - - - - - - -
EBIT 1 29.92 48.3 54.1 57.4 44.6 31.1 35.7 19.4 16.3 20.88 23.83 30.84 35.17
Operating Margin 15.95% 24.2% 25.02% 25.59% 22.39% 16.16% 19.92% 12.48% 11.23% 13.48% 14.97% 17.01% 18.29%
Earnings before Tax (EBT) 1 29.9 51.2 59.3 66.8 28.08 35.4 36.2 22.3 12 - 29.9 35.9 19.4
Net income 1 24.35 39.8 45.8 51.5 22.37 27.3 29.4 17.2 10.6 19.5 24.2 29 15.9
Net margin 12.98% 19.94% 21.18% 22.96% 11.23% 14.19% 16.41% 11.06% 7.31% 12.59% 15.2% 16% 8.27%
EPS 1,431 - - - - 1,604 - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 1/17/22 4/15/22 7/18/22 10/14/22 1/16/23 4/17/23 7/26/23 10/27/23 2/5/24 5/16/24 - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 63 62.7 48.6 - - - - -
Net Cash position 1 - - - - 59.7 85.8 180 296
Leverage (Debt/EBITDA) 1.253 x 0.8793 x 0.4077 x - - - - -
Free Cash Flow 2 4,971 7,629 29,532 - 49,195 -82,000 82,475 141,850
ROE (net income / shareholders' equity) 9.06% 13.6% 27% 43% 17.5% 16.1% 18.3% 17.8%
ROA (Net income/ Total Assets) 5.79% 8.45% 16.6% - 12.5% 12.2% 14.5% 15%
Assets 1 316.4 354.9 429.2 - 674 740.1 811.6 882
Book Value Per Share 3 12,267 13,638 17,313 - 30,297 34,803 40,914 47,044
Cash Flow per Share 3 - 2,611 3,360 - 8,418 9,796 11,501 11,507
Capex 1 28.5 36.8 27.6 - 93.9 218 72.7 51.2
Capex / Sales 7.49% 8.01% 4.21% - 13.97% 30.51% 8.75% 5.61%
Announcement Date 1/16/20 1/18/21 1/17/22 1/16/23 2/5/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
9
Last Close Price
46,700 KRW
Average target price
66,778 KRW
Spread / Average Target
+42.99%
Consensus

Quarterly revenue - Rate of surprise

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