HANSSEM increases its risk exposure and slightly lowers to Neutral
HANSSEM (KR), a company active in the Furnishings industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 2 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date December 14, 2021, the closing price was KRW 92,300.00 and its expected value was estimated at KRW 95,369.50.HANSSEM CO., LTD is a Korea-based company primarily engaged in the manufacture and distribution of kitchen and interior furniture. The Company provides furniture used for kitchens, bedrooms, living rooms, bathrooms and other spaces, such as beds, book cases, desks and sofas, chairs, dressers and others. It also provides allied furniture packages and related materials, as well as remodeling services. Through its subsidiaries, it is also engaged in the provision of real estate consulting services, and sales of other food. The Company distributes its products through shopping malls, Internet shopping malls, sales agencies and interior alliance stores, as well as to overseas markets.
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