Hansae Yes24 Holdings Co., Ltd (016450) AI Stock Analysis

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Hansae Yes24 Holdings Co., Ltd

(Korea Exchange:016450)

Select Model

Rating:44Neutral

Price Target:KRW 3,996.00▼(-7.50% Downside)

Action:initiatedcoverage

Date:10/28/26

The score is driven primarily by weak financial quality: compressed margins, ongoing net losses, sharply higher leverage, and negative free cash flow. Technicals add pressure with a clear downtrend and negative MACD, despite oversold readings. The main offset is the very high dividend yield, but the negative P/E and loss profile reduce confidence in valuation support.

Positive Factors

Revenue RecoveryThe recovery in TTM revenue indicates that group demand has improved from the prior year, providing a stronger base for operating leverage if sales momentum persists. Continued top-line expansion could help stabilize earnings across the holding company’s businesses over the next several quarters.

Negative Factors

Margin CompressionThe substantial decline in gross margin shows that revenue recovery is not translating efficiently into profitability, while continued net losses weaken internal funding capacity. Unless margins recover, earnings may remain thin and volatile, limiting the benefit of future sales growth.

Hansae Yes24 Holdings Co., Ltd (016450) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 169.69B
Dividend Yield: 11.57%
Average Volume (3M): 16.63K
Price to Earnings (P/E): -67.6
Beta (1Y): 0.27
Revenue Growth: 12.77%
EPS Growth: 92.36%
Country: KR
Employees: 31
Sector: General
Sector Strength: 55
Industry: Apparel - Footwear & Accessories

Hansae Yes24 Holdings Co., Ltd Business Overview & Revenue Model

Company Description

Hansae Yes24 Holdings Co., Ltd. is a South Korean conglomerate with both domestic and international operations, primarily involved in fabric production and sales. Through its various subsidiaries, the company diversifies its interests, offering baby...

Hansae Yes24 Holdings Co., Ltd Financial Statement Overview

Summary

Modest revenue recovery in TTM, but profitability has weakened materially with compressed gross margin (~18.1% vs ~25.2% in 2023) and net income still negative. Balance-sheet risk is elevated as leverage has risen sharply (debt-to-equity ~3.57x). Cash flexibility is weak with negative free cash flow in TTM (~-116B) and low operating cash flow relative to debt.

Income Statement

46Neutral

Balance Sheet

28Negative

Cash Flow

24Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.52T	3.41T	2.83T	2.78T	3.32T	2.80T
Gross Profit	638.38B	613.22B	652.98B	700.99B	716.46B	647.26B
EBITDA	212.65B	164.43B	171.21B	234.70B	193.09B	199.38B
Net Income	-2.51B	-33.07B	4.55B	56.44B	21.31B	40.29B
Balance Sheet
Total Assets	3.19T	3.03T	2.83T	2.15T	2.04T	2.24T
Cash, Cash Equivalents and Short-Term Investments	326.69B	412.98B	189.04B	290.70B	299.37B	162.32B
Total Debt	1.63T	1.43T	1.14T	743.92B	761.41B	789.24B
Total Liabilities	2.25T	2.09T	1.83T	1.19T	1.21T	1.29T
Stockholders Equity	457.20B	457.62B	507.02B	504.18B	413.61B	473.74B
Cash Flow
Free Cash Flow	-115.79B	-175.19B	-62.21B	143.11B	170.95B	-131.84B
Operating Cash Flow	79.08B	32.92B	77.29B	224.14B	221.14B	-67.75B
Investing Cash Flow	100.72B	-11.93B	-199.87B	-208.80B	-96.64B	-30.19B
Financing Cash Flow	49.23B	262.71B	102.09B	-117.98B	-14.23B	37.20B

Hansae Yes24 Holdings Co., Ltd Technical Analysis

Technical Analysis SentimentPositive

Last Price4320.00

Price Trends

50DMA4366.50Negative

100DMA4340.35Negative

200DMA4254.11Positive

Market Momentum

MACD-37.36Negative

RSI55.63Neutral

STOCH48.40Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:016450, the sentiment is Positive. The current price of 4320.00 is above the 20-day moving average (MA) of 4248.25, below the 50-day MA of 4366.50, and above the 200-day MA of 4254.11, indicating a neutral trend. The MACD of -37.36 indicates Negative momentum. The RSI at 55.63 is Neutral, neither overbought nor oversold. The STOCH value of 48.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KR:016450.

Hansae Yes24 Holdings Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:016450 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:383220	76Outperform	KRW 2.35T	4.55	―	4.31%	6.80%	56.37%
KR:111770	72Outperform	KRW 2.94T	5.61	―	3.55%	15.31%	60.02%
KR:001460	62Neutral	KRW 263.91B	12.45	―	1.16%	4.93%	26.97%
KR:093050	61Neutral	KRW 595.21B	5.19	―	3.17%	-0.14%	36.70%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:105630	50Neutral	KRW 322.15B	9.13	―	7.33%	7.87%	-28.36%
KR:016450	44Neutral	KRW 169.69B	-67.65	―	11.57%	12.77%	92.36%

* General Sector Average

Performance Comparison

KR:016450 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:016450	Hansae Yes24 Holdings Co., Ltd	4320.00	551.32	14.63%
KR:001460	BYC Co., Ltd	34400.00	-3932.74	-10.26%
KR:093050	LF Corp.	22100.00	4943.30	28.81%
KR:105630	Hansae Co., Ltd	8180.00	-1708.52	-17.28%
KR:111770	Youngone Corp.	69100.00	13248.09	23.72%
KR:383220	F&F Co., Ltd.	62600.00	4918.52	8.53%

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

Hansae Yes24 Holdings Co., Ltd AI Stock Analysis

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