[Click e-Stock] "SK Square Target Price Raised to 8.4 Million Won... Hynix Equity Value Rises"

On March 3, Yuanta Securities raised its target price for SK Square to 8.4 million won, reflecting the increased equity value of its subsidiary SK Hynix. The investment opinion was maintained as 'Buy'.

Seungwoong Lee, a researcher at Yuanta Securities, stated in a report that "Last year, equity-method gains centered on SK Hynix surged by 117.5% to reach 8.9 trillion won, and the operating loss of the main portfolio companies significantly improved. SK Hynix achieved record-breaking annual results, as memory demand led by AI remained strong."

Tmap Mobility's mobility data revenue rose by 36% to 95.7 billion won, and this improvement trend is expected to continue. 11st also saw a significant reduction in operating losses. In particular, the open market division is believed to have turned to a profit in annual operating income.

Researcher Lee added, "The most aggressive shareholder return policy in the industry is expected to continue. In November last year, the company canceled 454,000 shares of treasury stock, and additionally acquired another 100 billion won worth of treasury shares by February. The next shareholder return policy is expected to be at least at the current level or higher."

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