"An Investment of 13.2 Billion Won in Samsung Electronics and SK hynix Turned Into 49.4 Billion Won" — Which Company Hit the Jackpot?

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\r\n[Financial News] As Samsung Electronics and SK hynix shares continue to rise together, driven by the so-called "300,000-won Samsung Electronics and 2 million-won SK hynix" rally, it has emerged that one company earned more from buying the two stocks than from its core business.
According to disclosures filed on the Data Analysis, Retrieval and Transfer System (DART) on the 31st of last month, the domestic bedding brand Allerman acquired 30,000 shares of Samsung Electronics and 17,132 shares of SK hynix last year for about 13.2 billion won. The combined value of those holdings had risen to 49.4 billion won as of the 29th, more than tripling from the purchase price.
At the time, Allerman's average purchase prices were estimated at about 108,700 won per Samsung Electronics share and about 587,700 won per SK hynix share.
This year, however, both stocks have surged sharply as expectations for improved earnings have been reflected amid the semiconductor industry's entry into a supercycle.
On the 29th, Samsung Electronics closed at 317,000 won, up 5.84% from the previous session, while SK hynix ended the day at 2,333,000 won, up 1.92%.
Compared with the start of the year, Samsung Electronics has gained 164.39%, while SK hynix has surged 258.37%.
Based on those closing prices, Allerman's Samsung Electronics stake was valued at about 9.51 billion won and its SK hynix stake at about 39.968 billion won, bringing the total value of its holdings to roughly 49.4 billion won.
That means the company's initial investment of 13.2 billion won grew to 49.4 billion won, pushing its overall return to more than three times the original amount.
Meanwhile, Allerman, the No. 1 bedding brand in South Korea, posted sales of 123.6 billion won and operating profit of 26.9 billion won last year. Revenue fell 4.5% from a year earlier, while operating profit edged up 1.2%.
Although its core business was largely flat, the company invested about half of its operating profit in stock purchases and secured valuation gains on its holdings that were close to twice its annual operating profit.
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hsg@fnnews.com Han Seung-gon Reporter