[Featured Stock] Hyosung Heavy Industries Rises on Expectations of Ultra-High Voltage Transformer Expansion Benefits

Hyosung Heavy Industries is on the rise. The expectation of increased sales due to the expansion of ultra-high voltage transformers appears to be influencing this trend.

As of 10:11 AM on the 15th, Hyosung Heavy Industries is trading at 436,500 KRW, up 3.19% from the previous close.

Seong Jonghwa, a researcher at LS Securities, stated, "The combined production capacity (CAPA) of the Changwon and Memphis factories will increase by about 390 billion KRW, a 40% expansion from the existing 970 billion KRW." He analyzed, "The expanded CAPA of 390 billion KRW accounts for 8.2% of last year's expected total consolidated sales and 13.1% of the consolidated sales in the heavy industries division, making it a significantly meaningful scale."

He added, "Considering the ultra-booming market conditions for power equipment in the heavy industries division and the high growth in orders and performance, even when factoring in the sluggishness in the construction division, the valuation discount rate is excessive."