August 21, 2017 KOREA Morning Focus No English report summaries this morning. Major Indices Close Chg Chg (%) KOSPI 2,358.37 -3.30 -0.14 KOSPI 200 308.39 -0.63 -0.20 KOSDAQ 643.58 1.47 0.23 Turnover ('000 shares, Wbn) Volume Value KOSPI 195,804 4,053 KOSPI 200 74,890 3,240 KOSDAQ 521,336 2,389 Market Cap (Wbn) Value KOSPI 1,532,778 KOSDAQ 217,876 KOSPI Turnover (Wbn) Buy Sell Net Foreign 1,249 1,242 7 Institutional 873 962 -90 Retail 1,878 1,824 54 KOSDAQ Turnover (Wbn) Buy Sell Net Foreign 208 191 17 Institutional 108 108 0 Retail 2,073 2,090 -17 Program Buy / Sell (Wbn) Buy Sell Net KOSPI 938 1,040 -102 KOSDAQ 77 80 -3 Advances & Declines Advances Declines Unchanged KOSPI 373 413 89 KOSDAQ 613 478 119 KOSPI Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value Samsung Electronics 2,345,000 -7,000 468 Hynix 67,000 600 208 KODEX 200 30,890 -30 166 KODEX LEVERAGE 15,865 -45 163 Hyundai Heavy 156,000 -5,500 99 Industries KOSDAQ Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value Paru 4,945 650 105 SillaTextile 3,450 140 66 NaturalendoTech 31,900 250 60 Yangjisa 9,890 690 56 Posco Chemtech 25,250 2,550 52 Note: As of August 18, 2017 Mirae Asset Daewoo Research Mirae Asset Daewoo Research Key Universe Valuations August 21, 2017 ※All data as of close August 17, 2017, unless otherwise noted. 17F Earnings growth Mkt Cap Price P/E (x) P/B (x) ROE (%) Ticker Company Div Yield OP EPS (Wbn) (W) (%) 17F 18F 17F 18F 17F 18F 17F 18F 17F 18F 005930 Samsung Electronics 304,307 2,345,000 1.8 74.9 -2.2 90.8 3.9 9.0 8.7 1.6 1.4 20.0 17.6 000660 SK Hynix 48,776 67,000 0.9 280.1 -36.2 221.0 -37.2 5.1 8.2 1.5 1.3 33.6 16.9 005380 Hyundai Motor 31,830 144,500 2.8 3.2 10.3 -15.1 21.2 9.0 7.4 0.6 0.5 6.7 7.7 005490 POSCO 28,815 330,500 2.9 57.2 2.7 96.1 6.8 10.8 10.1 0.6 0.6 6.2 6.4 015760 KEPCO 28,792 44,850 1.8 -45.8 25.4 -52.4 25.5 8.6 6.8 0.4 0.4 4.7 5.8 035420 NAVER 25,843 784,000 0.2 13.0 24.9 17.1 26.5 29.4 23.3 4.5 3.8 22.0 22.6 051910 LG Chem 24,637 349,000 1.4 45.5 3.1 56.7 6.9 12.8 12.0 1.7 1.5 14.2 13.4 055550 Shinhan Financial Group 24,611 51,900 42.1 -5.1 23.5 -5.5 7.3 7.7 0.7 0.7 10.5 9.2 012330 Hyundai Mobis 23,947 246,000 1.4 -11.8 18.7 -10.6 14.8 8.8 7.7 0.8 0.7 9.2 9.7 032830 Samsung Life 23,900 119,500 - - - - 0.0 0.0 105560 KB Financial Group 23,623 56,500 133.7 5.8 46.6 -5.6 7.0 7.4 0.7 0.6 10.2 9.0 017670 SK Telecom 20,994 260,000 3.8 8.4 12.0 46.2 -17.7 8.6 10.4 1.1 1.0 14.8 11.4 034730 SK Holdings 18,927 269,000 1.4 6.3 14.2 157.8 12.7 9.7 8.6 1.2 1.1 14.3 14.4 090430 AmorePacific 16,368 280,000 0.6 -20.3 52.6 -25.3 58.9 40.5 25.5 4.7 4.1 12.0 17.1 096770 SK Innovation 15,765 170,500 4.2 -7.3 3.2 37.4 -5.0 7.0 7.3 0.9 0.8 13.0 11.5 033780 KT&G 15,651 114,000 3.3 4.7 4.9 -12.1 11.7 14.5 12.9 2.1 1.9 15.2 15.9 051900 LG Household & Health Care 15,259 977,000 0.8 5.4 9.6 13.4 9.0 26.9 24.6 5.8 4.8 23.6 21.8 086790 Hana Financial Group 14,800 50,000 51.1 10.8 38.2 7.8 8.1 7.5 0.6 0.6 7.9 7.9 000270 Kia Motors 14,330 35,350 3.1 -22.8 16.4 -15.5 8.7 6.2 5.7 0.5 0.5 8.6 8.8 003550 LG Corp. 13,822 80,100 1.6 37.3 1.7 65.0 -9.7 7.9 8.8 0.9 0.9 12.2 10.1 000810 Samsung F&M 13,573 286,500 - - - - 0.0 0.0 011170 Lotte Chemical 13,470 393,000 1.0 14.7 13.6 28.6 19.5 5.7 4.8 1.2 1.0 22.7 22.1 018260 Samsung SDS 13,309 172,000 0.4 16.2 7.4 10.1 10.3 26.1 23.6 2.4 2.2 9.6 9.8 010950 S-Oil 12,778 113,500 5.3 -16.2 36.8 -3.3 23.9 11.4 9.2 2.0 1.8 17.9 20.7 006400 Samsung SDI 12,137 176,500 0.6 - 799.4 223.1 35.7 17.5 12.9 1.1 1.0 6.5 8.4 066570 LG Electronics 11,946 73,000 0.5 107.4 21.5 2592.7 4.8 6.4 6.1 1.0 0.8 16.2 14.9 251270 Netmarble Games Corporation 11,774 138,500 75.8 -7.9 59.4 -6.9 33.8 36.3 2.8 2.6 12.9 7.5 034220 LG Display 10,842 30,300 1.7 145.6 -29.2 153.3 -31.8 4.7 6.9 0.7 0.7 16.6 10.2 002790 AmoreG 10,349 125,500 0.4 -30.7 42.8 -39.6 45.2 54.0 37.2 3.6 3.3 7.1 9.7 010130 Korea Zinc 9,454 501,000 1.7 23.7 7.2 17.0 13.2 13.6 12.1 1.6 1.4 12.0 12.4 009540 Hyundai Heavy Industries 8,840 156,000 -69.0 -22.4 -20.8 -63.6 20.5 56.3 0.9 0.9 3.4 1.7 024110 Industrial Bank of Korea 8,484 15,150 26.4 7.8 23.1 8.7 7.0 6.4 0.5 0.5 7.6 7.7 030200 KT 8,473 32,450 2.5 -3.4 0.7 1.2 1.8 11.8 11.6 0.7 0.6 6.2 6.0 023530 Lotte Shopping 8,424 267,500 0.7 -2.0 16.1 72.8 17.5 29.0 24.7 0.5 0.5 1.8 2.0 036570 NCSOFT 8,359 381,000 1.6 129.7 10.7 102.0 10.7 15.2 13.7 3.4 2.9 26.4 24.1 004020 Hyundai Steel 7,753 58,100 1.3 -1.3 6.4 11.7 1.9 8.5 8.3 0.5 0.4 5.6 5.5 035720 Kakao Corp. 7,693 113,500 0.2 50.0 29.7 99.2 16.5 65.2 56.0 2.2 2.1 3.4 3.8 161390 Hankook Tire 7,556 61,000 0.7 -10.5 24.0 -10.2 19.9 9.6 8.0 1.2 1.0 12.7 13.7 021240 Coway 7,325 97,900 3.4 46.0 7.4 47.1 10.4 21.0 19.0 6.1 5.7 31.4 35.0 009150 Samsung Electro-Mechanics 7,230 96,800 0.6 1088.6 79.8 864.3 110.4 53.0 25.2 1.7 1.6 3.3 6.8 032640 LG Uplus 6,506 14,900 3.0 11.9 8.9 8.5 12.5 12.2 10.8 1.2 1.1 10.6 11.0 139480 Emart 6,467 232,000 0.6 8.0 18.3 9.8 - 15.7 0.8 5.3 5.7 088350 Hanwha Life 6,453 7,430 - - - - 0.0 0.0 018880 Hanon Systems 6,352 11,900 - - - - 0.0 0.0 078930 GS Holdings 6,318 68,000 2.2 -5.3 10.4 -0.8 11.8 8.1 7.3 0.9 0.8 11.0 11.2 086280 Hyundai Glovis 5,981 159,500 1.9 2.4 3.0 15.4 -0.9 10.3 10.4 1.6 1.4 16.1 14.4 009830 Hanwha Chemical 5,818 35,300 1.0 -2.1 19.2 24.4 2.6 6.2 6.1 1.0 0.8 16.6 14.8 005830 Dongbu Insurance 5,579 78,800 - - - - 0.0 0.0 097950 CJ CheilJedang 4,675 355,000 0.7 -5.8 12.9 -1.7 20.6 19.0 15.7 1.4 1.3 7.9 9.0 000720 Hyundai E&C 4,655 41,800 1.2 9.7 14.8 12.0 11.3 8.5 7.6 0.7 0.6 8.3 8.6 Source: Mirae Asset Daewoo Research Mirae Asset Daewoo Research Market Data August 21, 2017 ※All data as of close August 18, 2017, unless otherwise noted.