Hansol HomeDeco한솔홈데코

Hansol HomeDeco is still loss-making on a trailing basis, with revenue shrinking and a share price down about 47% over the past year.

The company, which makes MDF boards, flooring and sheets in Korea and Vietnam, reported trailing revenue of ₩276B to H1 2026 with a small 2% operating margin but a net loss of about ₩22B. Borrowings of ₩30B exceed cash of ₩7B, and liabilities are 131% of equity. The share price closed at ₩1,784 on 2026-10-23, with a market value of about ₩29B.

What stands out

• Trailing net loss of about ₩22B against operating income of about ₩5.4B suggests non-operating or financing costs are weighing on results; the data does not break these down.
• Revenue fell 14.5% in 2025 to ₩280B after growing in 2024, and the trailing figures show a similar level of sales.
• The DCF fair value in the data is ₩2,498 (base), a wide range from ₩0 (bear) to ₩14,030 (bull); this is a model output, not a forecast or target.
• Price-based valuation is low, with price-to-book at 0.3 and price-to-sales at 0.1, but earnings-based ratios are not meaningful because of losses.
• Recent headlines are limited to a showroom renovation in October 2026, and the filings list covers routine governance and shareholder meeting items plus the half-year report.

What to watch

• Next full-year and quarterly results, to see whether operating profit turns into net profit and whether revenue stabilises.
• Debt levels versus cash, given borrowings of about ₩30B and liabilities at 131% of equity.
• Foreign ownership, which has eased to 2.9% from 3.2% over 60 days, and the share price trend after a 46.8% one-year decline.