HLB Therapeutics Co.,Ltd.

Toward S means a higher total-score band; toward F, a lower band. Badges are distinguished by ink intensity and shape (fill, outline, dashed) — never by hue.

Maegim maps a total score — built from sector-relative percentile scoring — onto fixed, predefined thresholds to assign one of six bands, S to F. This stock is scored by the same formula as all 2,523 graded stocks and is currently in band C with a total score of 47.8 points.

How grades are computed →What grades do and don’t mean →What the grade does not reflect →

Position within sector

Mechanically selected indicators in the top or bottom 30% of sector percentiles · among 167 stocks in Retail & Consumer Services

Upper percentile

Top 13.4% in sector — Revenue growth (YoY)Growth momentum →Top 18.7% in sector — Revenue 3-year CAGRGrowth momentum →Top 22.8% in sector — Operating income change (YoY)Growth momentum →

Lower percentile

Bottom 20.8% in sector — Operating marginFinancial strength →Bottom 22.6% in sector — P/B (price-to-book)Price attractiveness →Bottom 22.7% in sector — ROE (return on equity)Financial strength →

1-year closing price

Low ₩1,451High ₩3,980

Latest close

Price change by period

5.20%

27.00%

19.00%

29.80%

As of the Sep 1, 2026 close · updated once daily · a factual record computed from closing prices only; dividends are not included, and this is not a buy or sell signal.

Financial strength

48.1/100

How much debt does it carry relative to equity?

31.5%

Sector median 78.3%

Sector low

highTop 23.8% in sector

Can it cover what's due within a year?

284.2%

Sector median 147.9%

Sector low

highTop 27.4% in sector

How much of revenue becomes profit?

-5.1%

Sector median 1.3%

Sector low

highBottom 20.8% in sector

How much did it earn on its own capital?

-6.1%

Sector median 2.1%

Sector low

highBottom 22.7% in sector

Source filing: annual report (consolidated) — view original ↗

Growth momentum

80.3/100

How much did revenue grow in a year?

26.6%

Sector median 1.0%

Sector low

highTop 13.4% in sector

Has it grown steadily over three years?

13.1%

Sector median -1.5%

Sector low

highTop 18.7% in sector

Did core profits grow in a year?

53.6%

Sector median 7.8%

Sector low

highTop 22.8% in sector

Are core profits higher than three years ago?

55.1%

Sector median 3.9%

Sector low

highTop 24.1% in sector

Financial trend

Revenue

Growth & margin

Revenue growth Operating margin

Year over year — alongside the sector median

This stock Sector median

A factual chart of confirmed annual results from annual reports — the same source as the grading indicators. Not a buy or sell signal.

Source filing: annual report (consolidated) — view original ↗

Price attractiveness

26.9/100

Is the price expensive relative to earnings?

Loss-making (P/E not computable)

Sector median P/E of profitable peers 11.1x · 39% loss-making

Sector low

highBottom 31.2% in sector

Is the price expensive relative to book value?

1.24x

Sector median 0.64x

Sector low

highBottom 22.6% in sector

Valuation uses the Sep 1, 2026 close and market cap

Shareholder Return

Single-indicator axis30.0/100

Does the company actually pay dividends?

0.0%

Sector median 0.0%

Sector low

highBottom 30% in sector

Dividends & treasury shares

Treasury shares (FY2025): 424,750 shares (0.5% of shares issued)

Source: annual report (DART) — dividend allocation & total shares

Source filing: annual report (consolidated) — view original ↗

Financial checklist

Based on the FY2025 annual report · year-over-year comparison · determined on Sep 2, 2026

Of 9 items: 5 met · 4 not met · 0 not computable

Not metMetNot computable

Positive net income

Whether net income (attributable to owners where available) is above zero.

Not met

-₩9.2B

Positive operating cash flow

Whether cash flow from operations is above zero.

Not met

-₩8.2B

Return on assets up

Whether net income over beginning total assets rose from the prior year.

Met

-11.4% → -4.2%

Operating cash flow exceeds net income

Whether operating cash flow is greater than net income.

Met

-₩8.2B vs -₩9.2B

Liabilities-to-assets ratio down

Whether total liabilities as a share of total assets fell from the prior year.

Not met

17.3% → 24.0%

Current ratio up

Whether current assets over current liabilities rose from the prior year.

Met

169.6% → 284.2%

Shares outstanding not increased

Whether common shares issued did not increase from the prior year. Increases from bonus issues and stock dividends are also counted.

Not met

80,139,933 → 84,382,263

Operating margin up

Whether operating income over revenue rose from the prior year.

Met

-13.9% → -5.1%

Asset turnover up

Whether revenue over beginning total assets rose from the prior year.

Met

0.27x → 0.32x

A record of facts determined by fixed rules from the financial statements in the latest annual report. Not used in grading, and not a buy or sell signal. Source filing: annual report (consolidated) — view original ↗

Grade change history

Jul 23, 2026B→C

Methodology version change (v2.0 applied)

Jul 15, 2026BVersion v1

First calculation

Grade changes are a factual record produced from public data by a fixed formula; they do not signal future changes.

Disclosure & financial badges

Factual records determined from public filings and periodic reports by fixed rules — not buy/sell signals.

Negative-evidence group (dilution, loss, dispute)Mixed interpretationPositive-evidence group (shareholder return)Dots classify the disclosure type by the direction of research evidence — not an assessment or investment judgment about this company.

Disclosure event history

Private CB/BW issuance resolutions (past 36 months)

5 private-placement convertible bond (CB) / bond-with-warrants (BW) issuance resolutions were disclosed in the past 36 months (latest filing 2026-08-21). View filing ↗

CB with conversion-price adjustment clause (past 36 months)

5 convertible bond (CB) issuance resolutions including a downward conversion-price adjustment (refixing) clause were disclosed in the past 36 months (latest filing 2026-08-21). View filing ↗

Financial fact combinations

Operating losses for 3 consecutive fiscal years

Recorded operating losses in three consecutive fiscal years, FY2023–FY2025 (per annual reports).

Determined as of 2026-09-02

Recent filings for this stock

Last 120 days · monitored filing types only

Paid-in capital increaseAug 21, 2026Source ↗

Convertible bond issuanceAug 21, 2026Source ↗

Periodic report filedAug 13, 2026Source ↗

Periodic report filedMay 15, 2026Source ↗

View in the filings calendar →