Hanon Systems Logo

Hanon Systems

018880.KS

(2.0)
Stock Price

3.980,00 KRW

-1.7% ROA

-5.17% ROE

-16.22x PER

Market Cap.

2.043.950.083.070,00 KRW

171.12% DER

6.48% Yield

-1.29% NPM

Hanon Systems Stock Analysis

Hanon Systems Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Hanon Systems Fundamental Stock Analysis
# Analysis Rating
1 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

2 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

3 ROE

The stock's ROE falls within an average range (5.79%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (1.9%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.5x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (2.937.464) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 DER

The stock is burdened with a heavy load of debt (156%), making it financially unstable and potentially risky for investors.

8 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Hanon Systems Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Hanon Systems Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Hanon Systems Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Hanon Systems Revenue
Year Revenue Growth
2007 1.956.286.905.000
2008 2.167.368.334.000 9.74%
2009 2.388.384.839.000 9.25%
2010 2.980.936.139.000 19.88%
2011 3.312.135.679.820 10%
2012 3.653.096.886.470 9.33%
2013 5.189.355.950.030 29.6%
2014 5.454.949.458.340 4.87%
2015 5.558.080.871.340 1.86%
2016 5.703.714.576.920 2.55%
2017 5.585.673.304.390 -2.11%
2018 5.937.585.095.470 5.93%
2019 7.154.152.588.580 17.01%
2020 6.872.832.576.670 -4.09%
2021 7.351.423.825.660 6.51%
2022 8.627.727.574.140 14.79%
2023 9.309.415.272.000 7.32%
2023 9.559.328.248.400 2.61%
2024 10.239.577.670.032 6.64%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Hanon Systems Research and Development Expenses
Year Research and Development Expenses Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 30.005.494.000 100%
2012 28.363.104.000 -5.79%
2013 129.626.179.000 78.12%
2014 164.152.555.000 21.03%
2015 189.494.230.000 13.37%
2016 155.062.828.000 -22.2%
2017 157.217.515.000 1.37%
2018 170.143.674.000 7.6%
2019 191.894.514.000 11.33%
2020 175.699.378.000 -9.22%
2021 170.040.327.000 -3.33%
2022 183.809.973.000 7.49%
2023 0 0%
2023 186.093.166.000 100%
2024 185.724.852.000 -0.2%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Hanon Systems General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 167.083.327.000
2008 215.594.582.000 22.5%
2009 243.975.736.000 11.63%
2010 302.017.490.000 19.22%
2011 30.968.746.000 -875.23%
2012 36.784.325.000 15.81%
2013 33.896.295.000 -8.52%
2014 30.236.962.000 -12.1%
2015 26.731.808.000 -13.11%
2016 38.604.890.000 30.76%
2017 33.487.623.000 -15.28%
2018 21.762.390.000 -53.88%
2019 26.467.649.000 17.78%
2020 25.538.738.000 -3.64%
2021 22.113.761.000 -15.49%
2022 26.483.818.000 16.5%
2023 675.504.036.000 96.08%
2023 25.399.938.000 -2559.47%
2024 644.919.436.000 96.06%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Hanon Systems EBITDA
Year EBITDA Growth
2007 261.561.051.000
2008 315.010.001.000 16.97%
2009 354.781.315.000 11.21%
2010 424.369.363.000 16.4%
2011 445.554.246.630 4.75%
2012 452.691.019.250 1.58%
2013 570.276.446.010 20.62%
2014 552.108.538.420 -3.29%
2015 544.782.508.110 -1.34%
2016 622.766.007.930 12.52%
2017 637.168.612.260 2.26%
2018 652.631.727.910 2.37%
2019 865.251.809.980 24.57%
2020 727.779.591.370 -18.89%
2021 1.011.986.229.320 28.08%
2022 859.636.435.850 -17.72%
2023 756.653.856.000 -13.61%
2023 875.572.329.610 13.58%
2024 938.849.993.920 6.74%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Hanon Systems Gross Profit
Year Gross Profit Growth
2007 308.399.634.000
2008 371.688.621.000 17.03%
2009 472.544.714.000 21.34%
2010 583.374.936.000 19%
2011 542.877.436.870 -7.46%
2012 586.293.305.580 7.41%
2013 863.316.127.490 32.09%
2014 908.815.858.830 5.01%
2015 861.079.250.150 -5.54%
2016 898.868.580.090 4.2%
2017 946.231.315.760 5.01%
2018 912.724.404.050 -3.67%
2019 1.034.292.293.690 11.75%
2020 864.432.448.400 -19.65%
2021 848.992.308.210 -1.82%
2022 847.078.537.730 -0.23%
2023 756.653.856.000 -11.95%
2023 871.076.637.019 13.14%
2024 890.677.067.060 2.2%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Hanon Systems Net Profit
Year Net Profit Growth
2007 101.493.474.000
2008 94.348.469.000 -7.57%
2009 151.377.987.000 37.67%
2010 202.570.653.000 25.27%
2011 223.231.868.000 9.26%
2012 231.609.409.300 3.62%
2013 296.392.130.320 21.86%
2014 275.385.336.130 -7.63%
2015 230.509.316.540 -19.47%
2016 292.125.004.920 21.09%
2017 288.563.135.150 -1.23%
2018 277.639.204.730 -3.93%
2019 318.537.089.560 12.84%
2020 110.367.913.940 -188.61%
2021 308.514.960.500 64.23%
2022 20.438.044.050 -1409.51%
2023 -181.416.248.000 111.27%
2023 50.985.227.770 455.82%
2024 -136.565.130.432 137.33%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Hanon Systems Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 190
2008 177 -7.95%
2009 284 37.81%
2010 379 25.33%
2011 418 9.33%
2012 434 3.46%
2013 555 21.98%
2014 103 -438.83%
2015 86 -19.77%
2016 547 84.28%
2017 541 -1.11%
2018 520 -4.04%
2019 597 12.75%
2020 207 -189.32%
2021 578 64.36%
2022 38 -1421.05%
2023 -340 111.21%
2023 96 456.84%
2024 -256 137.25%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Hanon Systems Free Cashflow
Year Free Cashflow Growth
2007 -108.264.320.000
2008 74.399.541.000 245.52%
2009 138.324.616.000 46.21%
2010 170.924.338.000 19.07%
2011 99.613.461.860 -71.59%
2012 142.065.338.140 29.88%
2013 222.699.375.580 36.21%
2014 72.806.738.560 -205.88%
2015 179.633.840.040 59.47%
2016 53.740.101.770 -234.26%
2017 139.402.970.940 61.45%
2018 -93.829.413.110 248.57%
2019 127.552.157.580 173.56%
2020 193.324.756.270 34.02%
2021 32.307.044.910 -498.4%
2022 -263.348.259.360 112.27%
2023 347.270.416.640 175.83%
2023 -282.163.941.492 223.07%
2024 91.022.713.801 409.99%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Hanon Systems Operating Cashflow
Year Operating Cashflow Growth
2007 142.792.385.000
2008 216.996.832.000 34.2%
2009 254.403.005.000 14.7%
2010 276.766.421.000 8.08%
2011 246.071.816.130 -12.47%
2012 277.720.428.870 11.4%
2013 417.952.303.790 33.55%
2014 346.817.799.310 -20.51%
2015 447.516.383.710 22.5%
2016 389.169.850.740 -14.99%
2017 566.650.679.380 31.32%
2018 471.265.021.950 -20.24%
2019 778.376.703.320 39.46%
2020 795.571.245.780 2.16%
2021 636.307.449.660 -25.03%
2022 378.310.083.770 -68.2%
2023 483.299.433.110 21.72%
2023 517.356.071.307 6.58%
2024 261.554.759.510 -97.8%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Hanon Systems Capital Expenditure
Year Capital Expenditure Growth
2007 251.056.705.000
2008 142.597.291.000 -76.06%
2009 116.078.389.000 -22.85%
2010 105.842.083.000 -9.67%
2011 146.458.354.270 27.73%
2012 135.655.090.730 -7.96%
2013 195.252.928.210 30.52%
2014 274.011.060.750 28.74%
2015 267.882.543.670 -2.29%
2016 335.429.748.970 20.14%
2017 427.247.708.440 21.49%
2018 565.094.435.060 24.39%
2019 650.824.545.740 13.17%
2020 602.246.489.510 -8.07%
2021 604.000.404.750 0.29%
2022 641.658.343.130 5.87%
2023 136.029.016.470 -371.71%
2023 799.520.012.799 82.99%
2024 170.532.045.709 -368.84%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Hanon Systems Equity
Year Equity Growth
2007 765.569.236.000
2008 919.721.719.000 16.76%
2009 1.006.199.446.000 8.59%
2010 1.141.683.732.000 11.87%
2011 1.283.073.072.950 11.02%
2012 1.438.692.856.370 10.82%
2013 1.540.868.893.260 6.63%
2014 1.669.992.430.110 7.73%
2015 1.799.441.253.220 7.19%
2016 1.884.906.087.170 4.53%
2017 2.031.445.140.340 7.21%
2018 2.131.656.180.680 4.7%
2019 2.337.502.197.140 8.81%
2020 2.239.435.377.410 -4.38%
2021 2.476.658.008.600 9.58%
2022 2.369.866.116.560 -4.51%
2023 2.508.486.580.608 5.53%
2023 2.646.644.299.000 5.22%
2024 2.597.231.104.568 -1.9%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Hanon Systems Assets
Year Assets Growth
2007 1.340.525.235.000
2008 1.558.030.953.000 13.96%
2009 1.702.601.788.000 8.49%
2010 1.862.066.347.000 8.56%
2011 2.047.728.254.140 9.07%
2012 2.236.209.330.920 8.43%
2013 2.953.898.412.480 24.3%
2014 3.240.023.316.370 8.83%
2015 3.459.361.438.240 6.34%
2016 3.859.737.521.310 10.37%
2017 4.119.580.910.340 6.31%
2018 5.355.780.831.970 23.08%
2019 7.082.369.012.650 24.38%
2020 7.807.411.034.420 9.29%
2021 8.233.732.861.760 5.18%
2022 9.098.783.327.530 9.51%
2023 9.244.404.434.130 1.58%
2023 9.463.261.525.000 2.31%
2024 9.714.071.574.474 2.58%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Hanon Systems Liabilities
Year Liabilities Growth
2007 574.955.999.000
2008 638.309.234.000 9.93%
2009 696.402.342.000 8.34%
2010 720.382.615.000 3.33%
2011 764.655.181.190 5.79%
2012 797.516.474.550 4.12%
2013 1.413.029.519.220 43.56%
2014 1.570.030.886.270 10%
2015 1.659.920.185.030 5.42%
2016 1.974.831.434.150 15.95%
2017 2.088.135.770.000 5.43%
2018 3.224.124.651.290 35.23%
2019 4.744.866.815.510 32.05%
2020 5.567.975.657.010 14.78%
2021 5.757.074.853.160 3.28%
2022 6.728.917.210.970 14.44%
2023 6.735.917.853.522 0.1%
2023 6.816.617.226.000 1.18%
2024 7.116.840.469.906 4.22%

Hanon Systems Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
18278.05
Net Income per Share
-236.06
Price to Earning Ratio
-16.22x
Price To Sales Ratio
0.21x
POCF Ratio
11.77
PFCF Ratio
-3.09
Price to Book Ratio
0.83
EV to Sales
0.6
EV Over EBITDA
6.8
EV to Operating CashFlow
33.59
EV to FreeCashFlow
-8.83
Earnings Yield
-0.06
FreeCashFlow Yield
-0.32
Market Cap
2.043,95 Bil.
Enterprise Value
5.834,50 Bil.
Graham Number
4943.41
Graham NetNet
-8966.87

Income Statement Metrics

Net Income per Share
-236.06
Income Quality
-1.41
ROE
-0.05
Return On Assets
-0.01
Return On Capital Employed
0.04
Net Income per EBT
1.63
EBT Per Ebit
-0.37
Ebit per Revenue
0.02
Effective Tax Rate
-0.63

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0.02
Stock Based Compensation to Revenue
-0
Gross Profit Margin
0.09
Operating Profit Margin
0.02
Pretax Profit Margin
-0.01
Net Profit Margin
-0.01

Dividends

Dividend Yield
0.06
Dividend Yield %
6.48
Payout Ratio
-0.98
Dividend Per Share
248

Operating Metrics

Operating Cashflow per Share
325.5
Free CashFlow per Share
-1238.83
Capex to Operating CashFlow
4.81
Capex to Revenue
0.09
Capex to Depreciation
1.32
Return on Invested Capital
0.05
Return on Tangible Assets
-0.02
Days Sales Outstanding
51.64
Days Payables Outstanding
52.23
Days of Inventory on Hand
48.86
Receivables Turnover
7.07
Payables Turnover
6.99
Inventory Turnover
7.47
Capex per Share
1564.32

Balance Sheet

Cash per Share
1.310,52
Book Value per Share
4.866,75
Tangible Book Value per Share
571.46
Shareholders Equity per Share
4601.03
Interest Debt per Share
8180.59
Debt to Equity
1.71
Debt to Assets
0.43
Net Debt to EBITDA
4.42
Current Ratio
0.94
Tangible Asset Value
304,97 Bil.
Net Current Asset Value
-3.344,27 Bil.
Invested Capital
5199484565292
Working Capital
-224,38 Bil.
Intangibles to Total Assets
0.24
Average Receivables
1.400,33 Bil.
Average Payables
1.280,04 Bil.
Average Inventory
1218392418700
Debt to Market Cap
2.06

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Hanon Systems Dividends
Year Dividends Growth
2000 500
2001 1.250 60%
2002 1.500 16.67%
2003 2.925 48.72%
2004 337 -767.95%
2005 320 -5.31%
2006 300 -6.67%
2007 300 0%
2008 330 9.09%
2009 520 36.54%
2010 664 21.69%
2011 664 0%
2012 716 7.26%
2013 970 26.19%
2014 970 0%
2015 970 0%
2016 225 -331.11%
2017 305 26.23%
2018 320 4.69%
2019 320 0%
2020 320 0%
2021 360 11.11%
2022 360 0%
2023 316 -13.92%
2024 180 -75.56%

Hanon Systems Profile

About Hanon Systems

Hanon Systems manufactures, distributes, and sells automotive thermal and energy management solutions for conventional, electric, hybrid, fuel cell, and autonomous vehicles in South Korea, Europe, Asia, and the Americas. The company offers heating ventilation, and air conditioning (HVAC) systems; and radiators, compressors and clutches, charge air coolers, exhaust gas recirculation modules, electronic coolant pumps and valves, electronic waste gate actuators, cold storage evaporator, and electronic throttle bodies. It also provides fluid transport products, including refrigerant lines, coolant lines, transmission oil cooler lines, accumulators, receiver driers, internal heat exchangers, and metal seal fittings. In addition, the company offers automatic and manual front and rear temperature controls that operate the HVAC systems; cluster ion generators; and cooling modules, such as radiators, condensers, fans, and shrouds. Further, it is involved in the development, technology consultation, import, and export of auto parts. The company was formerly known as Halla Visteon Climate Control Corporation and changed its name to Hanon Systems in August 2015. Hanon Systems was founded in 1986 and is headquartered in Daejeon, South Korea. Hanon Systems is a subsidiary of Hahn & Co. Auto Holdings Co., Ltd.

CEO
Mr. Nurdal Kücükkaya
Employee
1.987
Address
95, Sinilseo-ro
Daejeon,

Hanon Systems Executives & BODs

Hanon Systems Executives & BODs
# Name Age
1 Mr. In-Young Lee
Executive Advisor
70
2 Mr. Nurdal Kücükkaya
Co-Chief Executive Officer, President & Representative Executive Officer
70
3 Mr. Ramachandran Nagasubramony
Co-Chief Executive Officer & Chief Financial Officer
70
4 Mr. Jeong Won Son
Vice Chairman & Executive Advisor
70
5 Steven Clarke
Chief Technology Officer
70
6 Mr. Chungkwan Shin Ph.D.
Head of IR
70
7 Tracy Stallings
Director of Global Corporate Communications
70
8 Hyunsoo Kim
Chief Human Resources Officer
70

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