SK Innovation, Institutional Investors Net Buy 719,657 Shares in Last 5 Days... Stock Price 136,000 KRW (-0.37%)

As of 2:30 PM on the 25th, SK Innovation is trading at 136,000 KRW, down 0.37% from the previous day. The trading volume is 1,132,273 shares, which is 65.36% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On June 23, analyst Hwang Kyu-won of Yuanta Securities re-evaluated the growth potential of SK Innovation㈜'s electric vehicle batteries and separators, stating: ① The global battery market size is expected to increase ninefold by 2030 after a 15% decline in 2020 due to COVID-19 (from 130 GW in 2020 to 1,755 GW in 2030). ② SK Innovation㈜ aims for a target market share of 10% (5% in 2020, with an order backlog of 50 trillion KRW). ③ Battery operating profit margin stabilized at 5-6% since 2022. ④ SK IE㈜ holds a 17% share in the global separator market and can achieve an average operating profit margin of 15%. Based on this, the target price for SK Innovation was set at 215,000 KRW.

Over the past five days, individual investors have net sold 677,513 shares of SK Innovation, while foreign investors and institutions have net sold 57,127 shares and net bought 719,657 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

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