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Hanil Iron & Steel Co., Ltd (002220) AI Stock Analysis

KR:002220

Hanil Iron & Steel Co., Ltd

(Korea Exchange:002220)

Select Model
Rating:44Neutral
Price Target:KRW 2,653.00â–¼(-1.01% Downside)
Action:initiatedcoverage
Date:10/28/26

The score is held down primarily by weak technicals (broad downtrend and negative momentum) and still-loss-making financial performance despite a TTM operational and cash flow improvement. Valuation support is limited because the company has negative earnings and only a modest dividend yield.

Positive Factors
Revenue and operating recoveryThe return to revenue growth and improved operating profitability indicates that the business has regained some operating traction after a period of contraction. If sustained, this recovery can strengthen earnings capacity and provide a firmer base for future cash generation.
Negative Factors
Net losses and thin marginsContinuing net losses and thin operating margins leave limited room to absorb weaker steel pricing, volume pressure, or cost increases. They also reduce the durability of earnings and constrain the company’s ability to build capital internally through normal operations.

Hanil Iron & Steel Co., Ltd (002220) vs. SPDR S&P 500 ETF (SPY)

-60%-40%-20%0%20%40%KR:002220-36.97%SPY+11.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
KRW 63.63B
Dividend Yield
1.12%
Average Volume (3M)
186.87K
Price to Earnings (P/E)
-34.4
Beta (1Y)
0.03
Revenue Growth
9.97%
EPS Growth
-630.77%
Country
KR
Employees
102
Sector
General
Sector Strength
55
Industry
Steel

Hanil Iron & Steel Co., Ltd Business Overview & Revenue Model

Company Description

Hanil Iron & Steel Co., Ltd is a South Korean enterprise dedicated to the manufacturing and distribution of steel products. Their comprehensive offerings include steel plates, pipes, and various section steels, as well as construction materials. Addi...

Hanil Iron & Steel Co., Ltd Financial Statement Overview

Summary

TTM results show a recovery with revenue rebounding (+5.6%), improved operating profitability, and a return to positive operating cash flow and free cash flow. However, the company remains net-loss-making with thin margins (gross ~8%, EBITDA ~4%) and notable multi-year volatility, limiting confidence in earnings durability despite moderate leverage.

Income Statement

38Negative

Balance Sheet

56Neutral

Cash Flow

49Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue220.17B196.40B205.84B216.26B255.23B248.59B
Gross Profit17.52B15.02B14.70B15.37B13.56B39.04B
EBITDA9.65B7.48B3.39B11.94B7.93B36.09B
Net Income-1.86B-553.84M-5.26B740.69K-1.33B25.56B
Balance Sheet
Total Assets370.11B379.08B340.45B331.03B339.15B338.74B
Cash, Cash Equivalents and Short-Term Investments42.02B29.30B33.98B30.43B40.96B28.54B
Total Debt117.75B112.45B111.66B99.99B110.26B109.55B
Total Liabilities204.06B213.98B172.00B157.46B164.62B160.98B
Stockholders Equity161.79B161.19B164.66B170.73B172.06B175.37B
Cash Flow
Free Cash Flow7.54B-3.13B-3.33B-40.27M14.18B-4.16B
Operating Cash Flow12.88B497.49M3.28B5.72B21.37B-1.65B
Investing Cash Flow-8.80B-6.30B-13.38B6.84B-19.41B-12.47B
Financing Cash Flow113.72M117.39M8.77B-12.04B-2.28B14.09B

Hanil Iron & Steel Co., Ltd Technical Analysis

Technical Analysis SentimentNegative
Last Price2680.00

Price Trends

50DMA2923.10Negative
100DMA3561.95Negative
200DMA4047.60Negative

Market Momentum

MACD-68.68Positive
RSI35.71Neutral
STOCH17.14Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:002220, the sentiment is Negative. The current price of 2680.00 is below the 20-day moving average (MA) of 2865.75, below the 50-day MA of 2923.10, and below the 200-day MA of 4047.60, indicating a bearish trend. The MACD of -68.68 indicates Positive momentum. The RSI at 35.71 is Neutral, neither overbought nor oversold. The STOCH value of 17.14 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:002220.

Hanil Iron & Steel Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

KR:002220 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
KR:460860KR:46086061NeutralKRW 440.00B1.41―4.50%12.15%―
KR:002240KR:00224058NeutralKRW 386.14B7.95―2.45%1.82%269.87%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
KR:001940KR:00194054NeutralKRW 250.86B-13.33―7.84%2.59%-320.27%
KR:004020KR:00402051NeutralKRW 3.40T-193.37―1.93%1.65%―
KR:008970KR:00897046NeutralKRW 114.12B-24.46――22.57%-322.13%
KR:002220KR:00222044NeutralKRW 63.63B-34.45―1.12%9.97%-630.77%

* General Sector Average

Performance Comparison

-50%0%50%KR:002220KR:001940KR:002240KR:004020KR:008970KR:460860Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
KR:002220 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
KR:002220Hanil Iron & Steel Co., Ltd2680.00-1526.81-36.29%
KR:001940KISCO Holdings Corp.23600.00126.820.54%
KR:002240KISWIRE LTD14310.00-3184.47-18.20%
KR:004020Hyundai Steel Company25850.00-6087.14-19.06%
KR:008970KBI Dong Yang Steel Pipe1100.00-1230.00-52.79%
KR:460860DONGKUK STEEL MILL Co., Ltd.8880.00622.297.54%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026