By Q3 Market Cap: SK and Hyundai Motor Smiled, Kakao Cried

CXO Research Institute, Major Companies Market Cap Analysis
Samsung, Market Cap Increase of 77 Trillion KRW Ranks 1st
EcoPro, Market Cap Growth Rate 300%

From the beginning of this year to the third quarter, while the market capitalization of SK Group and Hyundai Motor Group increased by more than 20%, Kakao Group's market capitalization decreased by more than 10%.

The Korea CXO Research Institute, a corporate analysis specialist, announced on the 11th the 'Third Quarter Domestic Stock Market Market Capitalization Changes' report analyzing market capitalization trends from the beginning of the year to the end of the third quarter (end of September).

The survey results showed that the total market capitalization of the domestic stock market increased by 295 trillion KRW (14.7%) from 2,011 trillion KRW at the beginning of the year to 2,306 trillion KRW at the end of September. The number of stocks in the '1 Trillion Club,' which includes only stocks with a market capitalization of over 1 trillion KRW, increased by 23 (10.1%) from 228 to 251.

By stock, Samsung Electronics had the largest increase in market capitalization at 77.0102 trillion KRW. SK Hynix (28.3921 trillion KRW), POSCO Holdings (22.2422 trillion KRW), and EcoPro (21.2184 trillion KRW) followed. Six stocks increased their market capitalization by more than 10 trillion KRW compared to the beginning of the year, and 55 stocks increased by more than 1 trillion KRW. Samsung Biologics was the only stock to decrease by more than 10 trillion KRW (10.3914 trillion KRW). Twenty-four stocks decreased by more than 1 trillion KRW.

By stock, POSCO DX had the highest market capitalization growth rate at 788.5%. EcoPro (765.2%), Young Poong Paper (634.7%), Lunit (530%), and Rainbow Robotics (493.2%) formed the top five.

Looking at the market capitalization increase by groups with controlling shareholders, Samsung had the largest increase at 71.7086 trillion KRW. The increase of over 77 trillion KRW in Samsung Electronics' market capitalization influenced the overall group market capitalization growth. EcoPro (37.2283 trillion KRW), SK (29.8263 trillion KRW), and Hyundai Motor (25.1700 trillion KRW) also increased their market capitalization by more than 20 trillion KRW. Kakao (6.1720 trillion KRW) and LG (1.2611 trillion KRW) saw their market capitalization decrease.

By group, the market capitalization growth rates were EcoPro (295.5%), SK (24.2%), and Hyundai Motor (24.1%). Kakao decreased by 12.5%.

There were significant changes in the rankings of the top market capitalization stocks from the beginning of the year to the end of September. Fourteen stocks newly entered the top 100 by market capitalization. Rainbow Robotics (363→99th), POSCO DX (245→44th), Hanmi Semiconductor (205→69th), Geumyang (178→50th), and EcoPro (103→13th) rose in rank. Lotte Holdings (95→112th), Korea Gas Corporation (93→133rd), Hyundai Rotem (94→103rd), SD Biosensor (95→190th), and Pan Ocean (96→113th) fell out of the top 100.

Among the top 20 by market capitalization, 18 stocks changed their rankings. Samsung Electronics (1st) and LG Energy Solution (2nd) remained unchanged. POSCO Holdings rose six places from 11th at the beginning of the year to 5th at the end of September before the corporate split. SK Hynix (4th→3rd) and Hyundai Motor (7th→6th) also rose in rank. Kakao (10th→18th) fell out of the top 10, and LG Chem (5th→8th) fell out of the top 5. Samsung Biologics (3rd→4th), Samsung SDI (6th→7th), Naver (8th→9th), and Kia (9th→10th) also dropped in rank.