Ask Warren

JONBUR Research · Initiation

You're reading an earlier report from Oct 18, 2026. See the latest report

Hite Jinro · 000080 · Food & Beverage

Hite Jinro: Thin Profit Margins and a Model Estimate Near the Share Price

Why this report

Start of coverage: one of the 300 largest companies, written once its financial statements were in.

Hite Jinro closed at ₩15,710 on 2026-10-16, up 4.2% over one month but down 16.7% over one year. Revenue has been roughly flat for several years while net income has swung widely, and the model estimate of ₩15,415 per share sits close to the current price.

Written Oct 18, 2026 · Data as of Oct 16, 2026 · 0 views

This is not financial advice. The report does not recommend buying or selling anything.

XfWATGr/in@

Thesis

The data supports a picture of a stable but slow-growing business with modest profitability. Revenue was ₩2.50T in 2025 against ₩2.20T in 2021, and operating margin has stayed in a 4.9% to 8.0% range. Trailing net margin is 1.9% and ROE is 4.1%, so earnings are thin relative to sales and equity.

On the positive side, the price-to-book ratio is 1.0, EV/EBITDA is 4.4 and the dividend yield is 4.5%. On the other side, the P/E of 23.4 is high because earnings are depressed, and the model's bear-to-bull range (₩3,373 to ₩37,193) is very wide, which shows how sensitive the estimate is to assumptions. Data on short balances is not available.

Business overview

Hite Jinro is a Food & Beverage company listed on KOSPI since 2009-10-19 and founded in 1954. It has 70,133,611 listed shares and a market capitalization of about ₩1.10T. CEO is 장인섭. Revenue was ₩2.50T in 2025, down 3.9% after growth of 3.1% in 2024 and 13.4% in 2022. Filings show a September 2026 production suspension disclosure (voluntary) and regular transaction reports with affiliated companies. Details of the suspension are not in the data.

Every earlier JONBUR Research report and update note on Hite Jinro, with Pro.

Unlock with Pro

Model estimate of fair value

Bear
₩3,373
-78%
Base
₩15,415
-2%
Bull
₩37,193
+138%

Model estimate based on the assumptions shown. Not a price target and not a buy or sell signal.

Base case of the 5-year discounted cash flow model on the stock's Valuation tab (statements TTM to H1 2026; discount rate 7.1%). Bear and Bull move the main assumptions by fixed steps. See and change the assumptions

Filings and data used

Report history

  1. Oct 21, 2026Update noteModel fair value changeHite Jinro: Model Fair Value Estimate Rises 70% as Discount Rate Falls to 6.0%
  2. Oct 18, 2026InitiationStart of coverage (300 largest)Hite Jinro: Thin Profit Margins and a Model Estimate Near the Share Price

Built only from jonbur's own data: prices and investor flows, filed financial statements and filings, and news headlines. Disclosed (filed) data is labelled as such. Written by AI and may contain mistakes.

This is not financial advice. The report does not recommend buying or selling anything.

Source: KRX statistical information