[Click eStock] "Hyundai HCN's Market Capitalization Shrinks Below Net Cash Size"

[Asia Economy Reporter Hyungsoo Park] Research Alom analyzed on the 16th that Hyundai HCN's market capitalization is smaller than its cash holdings.

Researcher Jaeyoung Lee of Research Alom explained, "It is steadily generating profits of 30 billion to 40 billion KRW annually," and "As of the third quarter of last year, it holds approximately 370 billion KRW in net cash."

He continued, "As of the closing price on the 13th, the market capitalization is 306.5 billion KRW," and "Since about 30 billion KRW in net cash is generated annually, the downward pressure on the stock price is not significant."

The researcher also emphasized, "The fact that the leading company in the domestic wired broadcasting market is continuing market share competition through mergers and acquisitions (M&A) is a positive factor," adding, "Hyundai HCN, which has a stable financial structure and 1.35 million subscribers nationwide, is likely to emerge as an attractive acquisition target."

This content was produced with the assistance of AI translation services.