[Featured Stock] Mando Rises on "Cost Minimization, High Growth Potential"

HL Mando's stock price is showing strength following a positive fourth-quarter earnings announcement.

As of 9:55 AM on the 7th, HL Mando's stock price rose 9.71% from the previous day to 44,650 KRW.

The previous day, HL Mando announced consolidated financial results for the fourth quarter, reporting sales of 2.4 trillion KRW, up 10.6% year-over-year, and operating profit of 112.6 billion KRW, a 122.5% increase. However, net profit was weak due to a 34 billion KRW loss on financial asset valuation related to the Chinese autonomous driving company iMotion Auto, which was recorded as non-operating expenses.

Mirae Asset Securities analyst Jinseok Kim, who raised the target price from 49,000 KRW to 52,000 KRW, commented, "Although it is disappointing that the 2025 operating profit margin (OPM) guidance is at 4.3~4.4%, postponing the recovery to the 5% level until 2026, the minimization of one-time costs that had chronically occurred is positive."

Sales by region showed Korea at 872.6 billion KRW, an 11% increase year-over-year. China recorded 610.1 billion KRW, up 10%. The Americas posted 545.7 billion KRW, a 17% increase, and India saw 202.3 billion KRW, up 4%.

Samsung Securities analyst Eunyeong Yeom, who maintained the target price at 55,000 KRW, analyzed, "This is a period where sales growth and profitability improvement accompany each other as a core value chain in the early stage of the autonomous driving market."