Hanon Systems is trading at 18,600 KRW as of 10:30 AM on the 23rd, up 0.54% from the previous day. The trading volume is 1,195,982 shares, which is about 12.12% of the previous day's volume. Hanon Systems is known as the leading manufacturer of automotive air conditioning products in Korea.


On March 19, Junho Park, a researcher at Hanwha Investment & Securities, stated, "① Expansion of Content Per Vehicle for EVs (BEV: over +200% compared to ICE), ② Continued diversification of customers, ③ Long-term improvement factors in all aspects of P·Q·C including potential profit and loss improvement due to reduced depreciation expenses and increased production of EV components such as E-compressors. Therefore, a review of the investment opinion may be considered when the valuation burden is eased due to a stock price decline." He set the target price for Hanon Systems at 18,000 KRW.


Over the past five days, individual investors have net sold 10,943 shares of Hanon Systems, while foreigners and institutions have net bought 228,389 shares and net sold 237,676 shares, respectively.



※Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automatic 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.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing