Hanwha Solutions is trading at 39,000 KRW as of 10:30 AM on the 1st, down 2.38% from the previous day. The trading volume is 1,924,446 shares, which is about 31.8% of the previous day's volume. Hanwha Solutions is known as a manufacturer and seller of petrochemical products such as caustic soda and PVC.


On August 27, Yoon Jae-sung, a researcher at Hana Financial Investment, stated, "With the petrochemical industry showing clear improvement centered on PE/PVC/TDI, solar power is also expected to see a recovery in installation demand due to strengthened global policies such as the Green New Deal. Petrochemicals and solar power are both expected to perform well in 2021. The total enterprise value is presented as 7.5 trillion KRW by subtracting net debt of 4.3 trillion KRW from the sum of basic materials EV of 4 trillion KRW, processed materials + distribution EV of 600 billion KRW, and solar power EV of 5 trillion KRW (applying a 20% discount to Jinko Solar’s EV/EBITDA multiple of 12)." He set the target price of Hanwha Solutions at 46,000 KRW.


Over the past five days, individual investors have net sold 1,105,565 shares of Hanwha Solutions, while foreigners and institutions have net sold 424,143 shares and net bought 1,076,927 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


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


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

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