Hyundai Motor Securities cuts target for Hansol Chemical stock

Published on 10/14/2026 at 01:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Target fell to KRW 325,000 on September 18, 2026. Hansol Chemical stock had KRW 247.5 billion revenue, up 11.5 percent in the quarter.

Target cut and earnings

On September 18, 2026, Hyundai Motor Securities lowered the target to KRW 325,000 from KRW 410,000.
Second-quarter revenue reached KRW 247.5 billion, up 11.5 percent year over year.
Hydrogen peroxide capacity is planned to expand by 25 percent for new customer fabs.

Han Sol, KR7014680003, Illustration mit AI erstellt.

Hansol Chemical (ISIN KR7014680003) faced a lower valuation target after Hyundai Motor Securities cut its target from KRW 410,000 to KRW 325,000 on September 18, 2026. The firm maintained its Buy rating as it linked future growth to hydrogen peroxide supply and precursor materials for semiconductor customers.

Target falls as earnings grow

According to Edaily on September 18, 2026, the target cut reflected a lower valuation multiple even though the analyst raised projected earnings per share for the following year from KRW 17,458 to KRW 19,421.

The same report put the second-quarter revenue increase at 11.5 percent year over year to KRW 247.5 billion, while operating profit rose 1.8 percent to KRW 49.8 billion. Sequentially, revenue increased 6.8 percent and operating profit advanced 12.0 percent, giving investors a quantified contrast between improving operations and a more cautious valuation.

Capacity expansion supplies the thesis

Hyundai Motor Securities expects new customer fabs to lift hydrogen peroxide volumes, while precursor demand could benefit from semiconductor capacity expansion. Hansol Chemical plans to expand hydrogen peroxide production capacity by 25 percent for new customer fabs identified as Y1 and P5, according to Edaily.

The forecast is weighted toward later growth: the analyst expected the added production volume to begin affecting revenue in the second half of 2027. For 2026, the report projected revenue of KRW 989.9 billion, up 12.0 percent year over year, and operating profit of KRW 175.9 billion, up 12.6 percent.

KRW 261,500 last at KRX

Hansol Chemical was last at KRW 261,500 on KRX on October 13, 2026 at 3:30 p.m. KST. Its 52-week KRX range was KRW 175,000.00 to KRW 346,500.00, placing the latest quoted price inside a wide trading band.