Hankuk Financial Statements From 2010 to 2024

025550 Stock  KRW 2,995  35.00  1.16%   
Hankuk Steel financial statements provide useful quarterly and yearly information to potential Hankuk Steel Wire investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Hankuk Steel financial statements helps investors assess Hankuk Steel's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Hankuk Steel's valuation are summarized below:
Hankuk Steel Wire does not presently have any fundamental trends for analysis.
Check Hankuk Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hankuk Steel's main balance sheet or income statement drivers, such as , as well as many indicators such as . Hankuk financial statements analysis is a perfect complement when working with Hankuk Steel Valuation or Volatility modules.
  
This module can also supplement various Hankuk Steel Technical models . Check out the analysis of Hankuk Steel Correlation against competitors.

Hankuk Steel Wire Company Current Valuation Analysis

Hankuk Steel's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Hankuk Steel Current Valuation

    
  231.74 B  
Most of Hankuk Steel's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hankuk Steel Wire is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Hankuk Steel Wire has a Current Valuation of 231.74 B. This is much higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The current valuation for all Republic of Korea stocks is significantly lower than that of the firm.

Hankuk Steel Wire Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hankuk Steel's current stock value. Our valuation model uses many indicators to compare Hankuk Steel value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hankuk Steel competition to find correlations between indicators driving Hankuk Steel's intrinsic value. More Info.
Hankuk Steel Wire is rated third in return on equity category among its peers. It also is rated third in return on asset category among its peers . The ratio of Return On Equity to Return On Asset for Hankuk Steel Wire is about  244.28 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hankuk Steel by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hankuk Steel's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

About Hankuk Steel Financial Statements

Hankuk Steel stakeholders use historical fundamental indicators, such as Hankuk Steel's revenue or net income, to determine how well the company is positioned to perform in the future. Although Hankuk Steel investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hankuk Steel's assets and liabilities are reflected in the revenues and expenses on Hankuk Steel's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hankuk Steel Wire. Please read more on our technical analysis and fundamental analysis pages.
Hankuk Steel Wire Co., Ltd. produces and sells steel products in South Korea, Japan, and internationally. The company was founded in 1974 and is based in Busan, South Korea. HanSun is traded on Korean Securities Dealers Automated Quotations in South Korea.

Pair Trading with Hankuk Steel

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hankuk Steel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hankuk Steel will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hankuk Stock

  0.68009830 Hanwha SolutionsPairCorr

Moving against Hankuk Stock

  0.42105560 KB Financial GroupPairCorr
The ability to find closely correlated positions to Hankuk Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hankuk Steel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hankuk Steel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hankuk Steel Wire to buy it.
The correlation of Hankuk Steel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hankuk Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hankuk Steel Wire moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hankuk Steel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Hankuk Stock

Hankuk Steel financial ratios help investors to determine whether Hankuk Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hankuk with respect to the benefits of owning Hankuk Steel security.