-
The author is an analyst of NH Investment & Securities. He can be reached at ryan.ra@nhqv.com. -- Ed. In 2Q20, solid domestic sales offset Hugel’s sluggish exports of toxins and fillers. We expect the effects of domestic profit reflection to continue in 2H20. The firm’s 2Q20 OP improved on a reducti
Finance
Ryan Ra
2020.08.12 14:03
-
The author is an analyst of Shinhan Investment Corp. She can be reached at Heeyeon.lim@shinhan.com. -- Ed. 2Q20 surprise with NP of controlling interests of KRW219.9bn (+2,227.7% QoQ)Kiwoom Securities’ 2Q20 preliminary results came as a surprise with consolidated operating profit of KRW314bn (+2,934
Finance
Lim Hee-yeon
2020.08.05 17:58
-
The author is an analyst of NH Investment & Securities. He can be reached at junsup@nhqv.com. -- Ed. Customer deposits hovering around W40tn~W50tn, with daily average trading value remaining above W20tnSince Covid-19 began its global spread in March, abundant capital has flowed into the stock market
Finance
Jung Jun-sup
2020.08.04 23:13
-
The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and ym.ko@shinhan.com, respectively. -- Ed. 2Q20 review: Solid earnings from MLCC and package substrates despite COVID-19Samsung Electro-Mechanics reported sales of KRW1.8tr (-5% YoY) and operating profi
Finance
Park Hyung-wou & Ko Yeong-min
2020.07.29 20:21
-
-
The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. Despite low seasonality, Orion’s OP likely increased 60.7% y-y in 2Q20, helped by sales growth for existing products and new product releases. We also positively view that M/S expansion is foreseen bo
Finance
Cho Mi-jin
2020.07.03 19:32
-
-
The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. Orion saw clear earnings improvement in both April and May. Backed by sales expansion for existing products and new product launches, the firm should enjoy ongoing healthy earnings growth momentum thr
Finance
Cho Mi-jin
2020.06.17 19:48
-
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Chinese smartphone shipment decline in May vs expectations for 618 shopping festivalChina’s smartphone shipments declined in May. We attribute the tepid result to sluggish demand in the run-up to
Finance
Lee Kyu-ha
2020.06.11 19:12
-
-
The author is an analyst of NH Investment & Securities. He can be reached at junsup@nhqv.com. -- Ed. Affected by a roughly W120bn loss at the PI business, Kiwoom posted sluggish 1Q20 results. In 2Q20, however, a portion of the PI losses should be recovered, and profits at the retail business should
Finance
Jung Jun-sup
2020.05.19 10:45
-
The author is an analyst of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com. -- Ed.In the short term, prospects for Mando look positive thanks to Chinese auto market recovery. However, whether Mando can successfully grab business opportunities and establish a position for itsel
Finance
Cho Soo-hong
2020.05.12 10:20
-
The authors are analysts of Shinhan Investment Corp. They can be reached at jwsung79@shinhan.com and hanny.lee@shinhan.com, respectively. -- Ed. Initiate coverage with BUY for a target price of KRW34,000We initiate our coverage of Aekyung Industrial with a BUY rating. Our target price of KRW34,000 i
Finance
Sung June-won & Hanny Lee
2020.04.20 20:38
-
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. Advertising Industry: Amid unfavorable industry environment, differentiating factors requiredReflecting the unfavorable external environment caused by Covid-19, we downgrade our rating on the adver
Finance
Hazell Lee
2020.04.17 16:04
-
-
-
The authors are analysts of Shinhan Investment Corp. They can be reached at changmin.yoon86@shinhan.com and kimkyuri@shinhan.com, respectively. -- Ed. 4Q19 OP in line with market consensus at KRW12bn (+367% YoY)OptoElectronics Solutions posted operating profit of KRW12bn (+367%YoY) on sales of KRW50
Finance
Yoon Chang-min & Kim Kyu-ri
2020.03.02 11:42
-
-
-