Risk factor
Considerable default risk
Profitability factor
Very favourable analyst view
About
Hwaseung Enterprise Co., Ltd. primarily focuses on the creation and commercialization of athletic footwear. In addition to its core business of shoe manufacturing, the company engages in the procurement and distribution of various raw materials, including natural, synthetic, and recycled rubber, as well as EVA. Its operations further encompass the trade of pepper and diverse chemical compounds. A unique service it offers involves providing water supplies to other shoe production facilities. The natural rubber sold by Hwaseung Enterprise is specifically utilized by manufacturers for shoes, tires, and adhesive tapes. The company's products reach international markets, with exports directed to South Korea, Indonesia, and China. Established in Seoul, South Korea, in 2015, Hwaseung Enterprise Co., Ltd. operates as a subsidiary of Hwaseung Industries Co., Ltd.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair value