Hojeon Ltd
Hoejeon Ltd is a South Korean apparel and accessories company that generates revenue primarily through the sale of clothing and related products.
Business. Hojeon Ltd (111110.KS) is a South Korean company engaged in the apparel and accessories industry. The firm operates within the cyclical consumer products sector, generating revenue through the sale of its products. It is listed on the Korea Exchange (KRX). Specific details regarding operating segments and geographic revenue mix are not available.
At a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Hojeon Ltd (111110.KS) is a South Korean company engaged in the apparel and accessories industry. The firm operates within the cyclical consumer products sector, generating revenue through the sale of its products. It is listed on the Korea Exchange (KRX). Specific details regarding operating segments and geographic revenue mix are not available.
Hoejeon Ltd's capital structure is characterized by a debt-to-equity ratio of 1.11, indicating a moderate level of leverage. The company's liquidity position is assessed as medium, with a current ratio of 1.15. However, the company's operating cash flow is negative at -17,071,774,130 KRW, and its free cash flow is also negative at -5,273,108,850 KRW, suggesting challenges in generating sufficient cash from operations.
In terms of profitability, Hoejeon Ltd reported a net loss of 1,183,091,010 KRW and an operating loss of 1,889,638,830 KRW. The company's return on equity is -0.0079, and its return on assets is -0.0032, both indicating poor performance relative to industry standards. The gross profit margin is 12.86%, which is below the industry median for apparel and accessories companies.
Hoejeon Ltd's revenue is concentrated in a single business segment, with no disclosed geographic diversification. The company's revenue of 80,450,422,740 KRW is entirely attributed to its domestic operations, indicating a high level of exposure to the South Korean market.
The company's growth trajectory is mixed. While the mean revenue estimate for the current fiscal year is 4,988,000,000,000 KRW, the last actual revenue was 520,878,000,000 KRW, indicating a significant gap between expectations and performance. The mean EBIT estimate is 299,500,000,000 KRW, suggesting potential for improvement in profitability.
Hoejeon Ltd faces several risk factors, including a negative net cash position after subtracting total debt. The company's liquidity risk is medium, and its credit risk is elevated due to the negative operating and free cash flows. The dilution risk is assessed as low, with no significant dilution potential in the near term.
Recent events include the disclosure of a net loss and a significant operating loss, which may impact investor confidence. The company's financial performance has not met analyst expectations, as evidenced by the gap between actual and estimated revenue and EPS figures.
- Hoejeon Ltd is experiencing a net loss and operating loss, indicating poor financial performance.
- The company's liquidity position is medium, with a current ratio of 1.15 and negative operating and free cash flows.
- Revenue is concentrated in a single business segment and domestic market, increasing exposure to local economic conditions.
- Analyst estimates suggest potential for improvement in revenue and EBIT, but current performance has not met expectations.
- "margin_outlook_rationale": "The company's gross profit margin is below industry median, and operating and net losses suggest margin compression.",
- "rd_outlook_rationale": "No specific R&D outlook is provided in the available data.",
Bull / Bear case
Generated · model-assistedRevenue grew at a 7.7% CAGR over four years, demonstrating consistent top-line expansion for the apparel company.
Net income surged 36.3% year-over-year, indicating a significant recent improvement in bottom-line profitability performance.
Cash conversion of 14.43 ranks best-in-class among peers, highlighting superior efficiency in generating cash from operations.
Dilution risk is assessed as low, suggesting minimal threat to existing shareholder equity value from share issuance.
Gross profit reached 89.2 billion KRW in FY2026, providing a substantial buffer for operating expense management.
Debt-to-equity ratio of 1.11 is in the bottom quartile, indicating excessive leverage compared to apparel peers.
High credit risk flags suggest potential difficulties in meeting financial obligations or securing favorable financing terms.
In focus — financials by report
Revenue KRW 520.88B, +12,3% YoY; Operating income −15,4% YoY.
- ▍Revenue KRW 520.88B, +12,3% YoY
- ▍Operating income −15,4% YoY
- ▍Net income −46,9% YoY
- ▍Free cash flow −146,5% YoY
- ▍Net margin 2.4%
Revenue KRW 344.87B; Operating income KRW 20.17B.
- ▍Revenue KRW 344.87B
- ▍Operating income KRW 20.17B
- ▍Net margin 3.4%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 2 046,00 |
| Revenue | —no estimate | —no estimate | 4,99T KRW |
| Operating income | —no estimate | —no estimate | 299,5B KRW |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Hojeon Ltd Market data — financials · 2026-05-26
- Hojeon Ltd Market data — analyst estimates · 2026-05-26