Yuhwa Securities Co., Ltd. (003460) AI Stock Analysis

Yuhwa Securities Co., Ltd.

(Korea Exchange:003460)

Select Model

Rating:66Neutral

Price Target:KRW 3,083.00▲(8.94% Upside)

Action:initiatedcoverage

Date:10/28/26

The score is driven primarily by solid financial performance (strong profitability and a return to revenue growth) and favorable valuation (low P/E and high dividend yield). These positives are tempered by weak technicals (below key moving averages with negative MACD) and financial risk flags from rising leverage and historically volatile cash flows.

Positive Factors

Strong profitabilityA roughly 38% TTM net margin indicates substantial current earnings power and provides a meaningful buffer for operating expenses and market fluctuations. Persistently elevated margins can support reinvestment, dividends, and resilience across the next several quarters if operating conditions remain supportive.

Negative Factors

Rising leverageThe meaningful increase in debt-to-equity marks a shift toward greater balance-sheet risk, even though leverage remains moderate in absolute terms. Higher reliance on debt can reduce flexibility, increase sensitivity to financing conditions, and constrain capital allocation during weaker market periods.

Yuhwa Securities Co., Ltd. (003460) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 129.49B
Dividend Yield: 7.77%
Average Volume (3M): 35.07K
Price to Earnings (P/E): 9.7
Beta (1Y): 0.34
Revenue Growth: 14.06%
EPS Growth: 48.99%
Country: KR
Employees: 72
Sector: General
Sector Strength: 55
Industry: Financial - Capital Markets

Yuhwa Securities Co., Ltd. Business Overview & Revenue Model

Company Description

Yuhwa Securities Co., Ltd. operates in South Korea, primarily providing securities brokerage services. The firm's comprehensive offerings also include capital mobilization and corporate finance solutions. Furthermore, it delivers expert advisory for...

Yuhwa Securities Co., Ltd. Financial Statement Overview

Summary

Strong profitability supports results (TTM net margin ~38%) and revenue has returned to growth (+4.8% TTM). Offsetting this, leverage has risen versus prior years (TTM debt-to-equity ~0.39) and cash flow has been inconsistent historically (negative OCF/FCF in 2023–2024 and TTM FCF down ~44.5%), increasing financial-risk sensitivity.

Income Statement

76Positive

Balance Sheet

68Positive

Cash Flow

57Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	46.65B	40.42B	43.10B	27.62B	20.56B	24.49B
Gross Profit	45.40B	37.88B	37.09B	23.29B	17.35B	22.97B
EBITDA	27.56B	22.36B	23.92B	9.50B	7.15B	13.75B
Net Income	17.68B	14.06B	17.78B	7.34B	4.20B	9.59B
Balance Sheet
Total Assets	972.40B	810.50B	771.35B	802.95B	689.34B	734.69B
Cash, Cash Equivalents and Short-Term Investments	96.85B	45.77B	36.55B	95.86B	16.39B	30.68B
Total Debt	210.40B	162.88B	0	0	90.58B	41.00B
Total Liabilities	437.48B	272.60B	260.12B	296.90B	190.96B	248.86B
Stockholders Equity	534.92B	537.90B	511.23B	506.05B	498.38B	485.84B
Cash Flow
Free Cash Flow	105.31B	66.85B	-14.18B	-42.42B	39.83B	16.58B
Operating Cash Flow	105.45B	67.00B	-13.85B	-41.71B	40.84B	17.79B
Investing Cash Flow	-118.93B	-56.13B	-175.00M	-3.71B	8.97B	-11.33B
Financing Cash Flow	115.03B	-10.92B	14.00B	45.42B	-49.81B	-6.37B

Yuhwa Securities Co., Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price2830.00

Price Trends

50DMA2987.80Negative

100DMA3045.05Negative

200DMA3131.67Negative

Market Momentum

MACD-38.52Negative

RSI38.09Neutral

STOCH52.18Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:003460, the sentiment is Negative. The current price of 2830.00 is below the 20-day moving average (MA) of 2899.00, below the 50-day MA of 2987.80, and below the 200-day MA of 3131.67, indicating a bearish trend. The MACD of -38.52 indicates Negative momentum. The RSI at 38.09 is Neutral, neither overbought nor oversold. The STOCH value of 52.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:003460.

Yuhwa Securities Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:003460 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:001750	67Neutral	KRW 282.25B	4.01	―	8.57%	-23.54%	25.85%
KR:003460	66Neutral	KRW 171.15B	9.74	―	7.77%	14.06%	48.99%
KR:001200	62Neutral	KRW 326.03B	2.25	―	5.07%	34.27%	174.55%
KR:030210	61Neutral	KRW 205.83B	5.78	―	6.92%	24.14%	7701.09%
KR:001270	60Neutral	KRW 334.20B	8.02	―	5.79%	57.21%	12.54%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:001290	53Neutral	KRW 79.06B	6.85	―	―	0.31%	―

* General Sector Average

Performance Comparison

KR:003460 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:003460	Yuhwa Securities Co., Ltd.	2830.00	284.97	11.20%
KR:001200	Eugene Investment & Securities Co., Ltd.	3550.00	-59.09	-1.64%
KR:001270	Bookook Securities Co., Ltd	41450.00	-25883.77	-38.44%
KR:001290	SANGSANGININVESTMENT&SECURITIES CO.,LTD.	4035.00	460.00	12.87%
KR:001750	HANYANG SECURITIES Co., Ltd.	18680.00	632.40	3.50%
KR:030210	Daol Investment & Securities Co., Ltd.	3470.00	67.51	1.98%

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

Yuhwa Securities Co., Ltd. AI Stock Analysis