- The Return On Risk, -5.5, it is lower than the industrial median - Most of related stocks also decline. Textile & Wearing Apparel industry -0.71% - Target price KRW 29,500, has 33% disparate to increase compared with stock price. - Individuals and Foreigners sell, Institutions buy - Turnover Rate and Price Range both proper - Institution 24.52%, Foreigners 17.63% ■ Market Review As of Nov. 22 10:10 A.M., Hansae (105630) declined 2.64% to 22,150 won (US$18.83). It had declined 14.97% through the past month. Standard deviation, which indicates variableness, records 2.7% over the same period of time over one month. Compared with its close competitors within the same industry, KOSPI, as the monthly volatility of Hansae had relatively expanded, the investment return for one month was negative. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -5.5%. Though the volatility was high, low decreasing rate of stock price lead that the return-on-risk remained around the average of its peer group. However, compared with the KOSPI industry, the return-on-risk is below the industrial mean, -4.8, and thus it is hard to say that the industrial comparison performance was positive. Comparing industry to the market, the KOSPI industry including Hansae records higher volatility but lower earning rate than Textile & Wearing Apparel. Even though the earning rate of the industry is negative, the industry was more satisfactory than the market. Close Competitors Earning rate (%) STD (1Mo) Return on Risk (1Mo) 1 Mo 3 Mo 6 Mo SBW(102280) -9.0% -21.9% -32.0% 2.9% -3.1 Hansae(105630) -15.0% -14.0% -48.9% 2.7% -5.5 KYUNGBANG(000050) -91.2% -89.5% -88.8% 2.2% -41.4 HANDSOME(020000) -7.9% -2.3% -5.7% 1.3% -6.0 LF(093050) -3.6% -2.5% -5.9% 1.3% -2.7   Textile & Wearing Apparel -6.9% -5.1% -4.7% 1.0% -6.9 KOSPI -3.4% -3.5% -3.8% 0.7% -4.8 Target price 29,500 won, has 33% disparate to increase compared with stock price. Per analysts' expectations during the recent month, the average target price of Hansae is 29,500 won. The stock price is 22,150 won as of yesterday, so there is 7,350 won (33%) disparate in order to be able to increase. ■ Earnings & Valuation Hansae(105630): 3Q(July ~ Sept) of 2016 Earnings (reported at Nov. 15. 2016)   Revenue Operating Income Net Income 3Q of 2016 4,175.6 T 271.2 T 261.3 T Previous Quarter 26.5% increase 43.0% increase 100.2% increase YoY 20.7% decline 54.6% decline 35.3% decline Hansae(105630): 4Q(Oct ~ Dec) of 2016 Earnings Estimates Estimates Revenue Operating Income Net Income 2016Q of 4 4,355.0 293.1 200.0 Previous Quarter 4.3% increase 8.1% increase 23.5% decline YoY 8.1% increase 24.9% decline 41.3% decline Financial structure Overview Compared with four close competitors with similar market capitalization within its industry, while Hansae's P/E ratio, a price-paid ratio of annual net income, is in the lowest level, its P/B ratio, a financial ratio of a company's book value, is at a the highest level. P/E ratio and P/B ratio Close Compatitors ROE PER PBR Basic Date Hansae(105630) 17.8 8.8 1.6 Sept. 2016 KYUNGBANG(000050) 2.8 26.9 0.8 Sept. 2016 SBW(102280) -2.4 - 1.5 Sept. 2016 LF(093050) 4.5 13.9 0.6 Sept. 2016 HANDSOME(020000) 7.0 15.9 1.1 Sept. 2016 ■ Investor Group Individuals and Foreigners sell, Institutions buy From Nov. 14, institutions have been continuously buying Hansae during the past six trading days. As a shareholding sum by investor group for the past four weeks, institutions have bought 258,904 shares with trending trade. However, during the same period, foreigners have sold 204,782 shares with maintenance of a selling position and individuals have sold 54,122 shares with a decreasing position. Turnover Rate and Price Range both proper Regarding the statistics for the past month on trade volume as the total outstanding shares, the daily turnover rate of Hansae was 0.64%. And the daily volatility, the average range of rise and fall, during the same period is 3.95%. Institution 24.52%, Foreigners 17.63% As per the inquiry for shareholding by investor group, the major investor group is individuals with 57.84% from total outstanding shares. Institutions and foreigners each hold 24.52% and 17.63%. And as recent five-day shareholding change by investor group, individuals is the major investor group with 56.6%. Institutions hold 25.33% and foreigners hold 18.05%. Cumulated shareholdings per investor group (1Mo)   Total shareholdings per investor group   * Other Investor groups, included as "other corporations", are considered as "Individuals".

By HeRo (hero@heraldcorp.com)

This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp