1. Dividend Decision Analysis: Positive or Negative?

The cash dividend of KRW 700 per share has a limited impact on the company’s fundamentals due to its small size relative to the market capitalization. While short-term profits can be gained, long-term investment perspectives should focus on the company’s growth potential.

2. Q1 2025 Earnings and Fundamental Analysis

In Q1 2025, HD Hyundai Marine Solutions saw an increase in operating profit and net income due to the growth of the AM Solutions division and increased orders in the eco-friendly solutions division. However, declining sales in the bunkering division and increasing debt-to-equity ratio pose risks. Investment decisions should consider both positive and negative factors.

  • Positive Factors: Growth of AM Solutions, increased orders for eco-friendly solutions, improved profitability
  • Negative Factors: Decline in bunkering division sales, increase in debt-to-equity ratio

3. Market Environment Analysis: Opportunities and Threats

External environmental changes, such as fluctuations in raw material prices and exchange rates, and interest rate hikes, can affect HD Hyundai Marine Solutions’ performance. The recent improvement in the shipping market is a positive sign but requires continuous monitoring.

4. Future Growth Strategy: Eco-Friendly Solutions and Data Platform

HD Hyundai Marine Solutions aims to secure future growth engines by expanding its eco-friendly fuel bunkering business and data platform business. The success of these new businesses will determine the company’s long-term growth.

5. Action Plan for Investors

Investors considering HD Hyundai Marine Solutions should focus on long-term growth potential rather than short-term dividend income. Investment decisions should be made by comprehensively considering the company’s fundamentals, market environment, and future strategies. Additional analysis information will enable more accurate investment decisions.