Record-high earnings, rock-bottom stock prices... investment opportunity?

Unlike past low-price, cut-throat competition, the shipbuilding industry has recently been improving its operating profit margin and short-term profitability through high-margin selective orders.

Unlike past low-price, cut-throat competition, the recent shipbuilding industry is characterized by high-margin selective orders, and this qualitative change has a positive impact on improving operating profit margins and short-term profitability.

In particular, 43% of its customer sales come from China, indicating its significant influence in the Chinese market.

There are many variables to consider when predicting the leading and lagging stocks of equipment and engine companies within the shipbuilding industry.

This is similar to the structure where large-cap stocks like Samsung and SK Hynix and small and medium-sized material, component, and equipment companies rise together when the semiconductor industry is booming, so it is necessary to focus on stocks with small market capitalization and confirmed earnings turnarounds.

Currently, the shipbuilding stock prices are sluggish due to the concentration of supply and demand in semiconductors, but improvement is expected starting from the earnings season.

CEO Ha Chang-bong proposed an aggressive strategy of increasing weight and new purchases for the shipbuilding industry, recommending a portfolio weight of within 30%.

Outside of semiconductors, individual investors' funds are most heavily concentrated in the secondary battery and bio sectors.

When investing in the secondary battery sector, it is necessary to focus on the explosion of AI-related ESS demand rather than electric vehicle demand.

After confirming the increase in battery demand, the decrease in price, and the increase in factory utilization, it is necessary to identify the trend of earnings growth from deficit to surplus.

This is attributed to the advantage of securing all-solid-state battery commercialization technology by 2027 and the expectation of increased demand for all-solid-state batteries due to the expansion of the robot market.

While the domestic market has clear limitations, Korea's construction and civil engineering technology is highly regarded.

He predicted that large overseas projects, such as war reconstruction, could be a significant opportunity, a 'jackpot,' for construction stocks in the future.

CEO Ha Chang-bong diagnosed that the recent rise in oil stock prices was a thematic movement driven by oil price fluctuations rather than actual performance.

Refining margin is the profit generated by refining crude oil and selling gasoline, jet fuel, etc., and S-Oil, SK Innovation, etc. can be approached as high-dividend stocks.

The Q3 operating profit consensus is expected to quadruple year-on-year, but he advised a strategy of selling before the ex-dividend date.

CEO Ha Chang-bong emphasized performance-oriented investment, stating that numbers do not lie.

CEO Shin Hyun-sik stressed the importance of faith in corporate performance in stock investment.