[Featured Stock] Hanwha Aerospace Rebounds After Four Days

Hanwha Aerospace, which had plummeted due to a large-scale paid-in capital increase, succeeded in rebounding after four days.

As of 9:06 a.m. on the 24th, Hanwha Aerospace is trading at 642,000 won, up 14,000 won (2.23%) from the previous close.

Earlier, on the 20th, Hanwha Aerospace announced that it would carry out a paid-in capital increase worth 3.6 trillion won to secure funds for future growth engines. Following the announcement of the paid-in capital increase, the stock price plunged more than 13% on the 21st.

On this day, Choi Jeonghwan, a researcher at LS Securities, commented on Hanwha Aerospace's paid-in capital increase, saying, "It was a necessary investment, but it is very regrettable that the funds were raised through a paid-in capital increase rather than internal cash flow, liquidation of liquid assets, or bond issuance." He analyzed, "I believe this occurred because Hanwha Aerospace's cash flow could not keep up with the rapidly changing defense industry environment after acquisitions such as Hanwha Ocean and Dynamac." He added, "Due to the increase in the number of outstanding shares, short-term shareholder value dilution is inevitable, and uncertainty about whether the funds raised through the paid-in capital increase will translate into performance has not been resolved, but the purpose of the paid-in capital increase itself is the right direction."

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