[Featured Stock] HD Hanguk Joseon Haeyang Rises on Continued Order Momentum 전망

HD Korea Shipbuilding & Offshore's stock price is on the rise. The expectation that order momentum will continue seems to be influencing the stock price.

At 9:42 AM on the 15th, HD Korea Shipbuilding & Offshore was trading at 168,200 KRW, up 1.39% from the previous day.

Jaeho Seo, a researcher at DB Financial Investment, analyzed, "HD Korea Shipbuilding & Offshore has secured approximately 12.9 billion USD in orders, achieving 96% of its annual order target of 13.5 billion USD." He added, "The high market share of HD Hyundai Group's shipbuilding subsidiaries in the vessel sector and their diverse ship pipelines, combined with a strong ordering environment, have maintained a workload for over three years."

Researcher Seo continued, "Since new ship prices are also on an upward trend, the profitability expected 2 to 3 years later when recent orders are recognized as revenue is virtually secured." He forecasted, "Considering selective ordering and capacity, order volume may slightly decrease in the second half of the year, but the virtuous cycle of order momentum by main vessel types such as gas carriers, tankers, and container ships will continue."