{
 "as_of": "2026-11-06",
 "cmr": "kr-cm-kg/KOSDAQ/145020",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Hugel, Inc. (KOSDAQ: 145020) — research page\n\nAs of 2026-11-06 · kr-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Hugel, Inc., listed on KOSDAQ under ticker 145020, with ISIN KR7145020004. The LEI is not on the record. Its security type is Corporate, its segment is not on the record, its sector is 기초 의약물질 제조업, and its jurisdiction is South Korea (DART filer with a corporate registration number). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 78 filings in the twelve months to 2026-11-06, across 43 filing days. The median gap between filing days is 7.0 days. The latest filing is dated 2026-11-06, 0 days before the record date, and is of type exchange_bulletin. The KOSDAQ median cadence gap is 8.0 days, the KOSDAQ median filings count is 33, and the KOSDAQ median latency is 16.0 days. The sector median cadence gap is 7.0 days, the sector median filings count is 45.5, and the sector median latency is 14 days. The filings by type are: corporate_news 35, results 13, agm_egm 8, directors_dealings 9, major_holder 6, exchange_bulletin 5, ad_hoc 1, regulatory_filing 1.\n\n## Auditor\n\nThe auditor of record is 삼일회계법인. Its location is not on the record. The record carries no auditor changes, as the market's record does not carry them.\n\n## Events and halts\n\nThe record carries no listing, delisting, name change, domicile change or segment move lines, as the index does not carry a type for these. The issuer is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable, because the chapter's orderability section carries no client_categories and so the outcome cannot name its client category. The rule version is acm-68000/kr/suitability-and-appropriateness-fscma-articles-46-and-46-2/r1, with chapter as of 2026-11-04.\n\n## Coverage\n\nThe issuer's own investor-relations page names 16 research houses: CGSI, Citi, CLSA, Daishin, Daiwa, Daol, Hana, Hyundai Motor, Kiwoom, Korea Investment, Kyobo, Macquarie, Mirae Asset, Morgan Stanley, Samsung and SangSangin.\n\n## Open research\n\nNo openly published research notes are on the record; none was found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and the market's earliest sealed date is not on the record. The live record began on 2026-09-12. Years 2021 through 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13 (identity.exchange)\n- https://data.krx.co.kr/comm/bldAttendant/getJsonData.cmd (identity.isin)\n- https://opendart.fss.or.kr/api/company.json?corp_code=00888347 (identity.jurisdiction)\n- https://mcp.kr-cm-kg.ai/events/KOSDAQ/145020 (the disclosure lines)\n- https://kind.krx.co.kr/investwarn/tradinghaltissue.do?method=searchTradingHaltIssueMain (the halt flag)\n- https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260320000349 (the auditor)\n- https://mcp.kr-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.hugel-inc.com/en/investors/financial-reports (coverage)\n- https://mcp.kr-cm-kg.ai/record/KOSDAQ/145020 (the record)\n",
 "market": "KR",
 "node": "kr-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-12",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the KR store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "DART API 회계감사인의 명칭 및 감사의견 (annual report 11011, business year 2025)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260320000349",
    "state": "sourced",
    "value": "삼일회계법인"
   },
   "auditor_firm_id": {
    "market": "KR",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "KR",
    "state": "not_on_record"
   },
   "changes": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "kr-cm-kg/KOSDAQ/145020",
  "coverage": {
   "count": 16,
   "houses": [
    {
     "analyst": "Lea Kim",
     "house": "CGSI",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Heejin Lim",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Harry Kim",
     "house": "CLSA",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Songhyeop Han",
     "house": "Daishin",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Youngho Jang",
     "house": "Daiwa",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Jonghyun Park",
     "house": "Daol",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Dahae Kim",
     "house": "Hana",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Heunseok Kim",
     "house": "Hyundai Motor",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Minsu Shin",
     "house": "Kiwoom",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Haejoo Wi",
     "house": "Korea Investment",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Heeryeong Jung",
     "house": "Kyobo",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Jun Choi",
     "house": "Macquarie",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Mihwa Seo",
     "house": "Mirae Asset",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Covered Analyst",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Donghee Jeong",
     "house": "Samsung",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    },
    {
     "analyst": "Teagi Ha",
     "house": "SangSangin",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.hugel-inc.com/en/investors/financial-reports",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.hugel-inc.com/en/investors/financial-reports",
     "result": "read: 16 of 36 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 1819,
     "median_cadence_gap_days": 8,
     "median_filings": 33,
     "median_latency_days": 16,
     "name": "KOSDAQ"
    },
    "sector": {
     "issuers": 46,
     "median_cadence_gap_days": 7,
     "median_filings": 45.5,
     "median_latency_days": 14,
     "name": "기초 의약물질 제조업"
    }
   },
   "by_type": {
    "ad_hoc": 1,
    "agm_egm": 8,
    "corporate_news": 35,
    "directors_dealings": 9,
    "exchange_bulletin": 5,
    "major_holder": 6,
    "regulatory_filing": 1,
    "results": 13
   },
   "cadence_median_gap_days": 7,
   "filing_days": 43,
   "filings": 78,
   "latency_days": 0,
   "latest": [
    {
     "category": null,
     "date": "2026-11-06",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20261106900847",
     "title": "풍문또는보도에대한해명(미확정)",
     "type": "exchange_bulletin"
    },
    {
     "category": null,
     "date": "2026-11-04",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20261104900488",
     "title": "기업설명회(IR)개최",
     "type": "corporate_news"
    },
    {
     "category": null,
     "date": "2026-11-04",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20261104900301",
     "title": "주식소각결정",
     "type": "corporate_news"
    },
    {
     "category": null,
     "date": "2026-11-04",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20261104900284",
     "title": "연결재무제표기준영업(잠정)실적(공정공시)",
     "type": "results"
    },
    {
     "category": null,
     "date": "2026-11-04",
     "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20261104000322",
     "title": "주식매수선택권부여에관한신고",
     "type": "corporate_news"
    }
   ],
   "latest_filing_date": "2026-11-06",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.kr-cm-kg.ai/events/KOSDAQ/145020",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "KOSDAQ"
   },
   "isin": {
    "read_by": "KRX stock finder (data.krx.co.kr finder_stkisu: full_code = the KRX standard code)",
    "read_date": "2026-11-08",
    "read_date_basis": "the field",
    "source": "https://data.krx.co.kr/comm/bldAttendant/getJsonData.cmd  [POST bld=dbms/comm/finder/finder_stkisu, mktsel=ALL]",
    "state": "sourced",
    "value": "KR7145020004"
   },
   "jurisdiction": {
    "read_by": "DART company.json (company profile per corp_code, keyed API) (jurir_no)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://opendart.fss.or.kr/api/company.json?corp_code=00888347",
    "state": "sourced",
    "value": "South Korea (DART filer with a corporate registration number)"
   },
   "lei": {
    "market": "KR",
    "reason": "no GLEIF record registered as 211-87-04515",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "DART company.json (company profile per corp_code, keyed API)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://opendart.fss.or.kr/api/company.json?corp_code=00888347",
    "state": "sourced",
    "value": "Hugel, Inc."
   },
   "sector": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download) (업종)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "기초 의약물질 제조업"
   },
   "security_type": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "KR",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "145020"
   },
   "website": {
    "read_by": "KIND (KRX) listed-company list (corpList.do download)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13",
    "state": "sourced",
    "value": "http://www.hugel.co.kr"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "KR",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "KR",
  "node": "kr-cm-kg",
  "numbers_hash": "sha256:180db1a625018f36931b72076a907c817ab9bbd7165f3dfa414f927ca50b0335",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.kr-cm-kg.ai/book/aio.json",
    "door": "https://mcp.kr-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/kr/suitability-and-appropriateness-fscma-articles-46-and-46-2/r1",
   "section": "kr.aio.v5"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.kr-cm-kg.ai/record/KOSDAQ/145020",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://kind.krx.co.kr/investwarn/tradinghaltissue.do?method=searchTradingHaltIssueMain",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:180db1a625018f36931b72076a907c817ab9bbd7165f3dfa414f927ca50b0335",
 "path": "/kr/KOSDAQ/145020",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Hugel, Inc., listed on KOSDAQ under ticker 145020, with ISIN KR7145020004. The LEI is not on the record. Its security type is Corporate, its segment is not on the record, its sector is 기초 의약물질 제조업, and its jurisdiction is South Korea (DART filer with a corporate registration number). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 78 filings in the twelve months to 2026-11-06, across 43 filing days. The median gap between filing days is 7.0 days. The latest filing is dated 2026-11-06, 0 days before the record date, and is of type exchange_bulletin. The KOSDAQ median cadence gap is 8.0 days, the KOSDAQ median filings count is 33, and the KOSDAQ median latency is 16.0 days. The sector median cadence gap is 7.0 days, the sector median filings count is 45.5, and the sector median latency is 14 days. The filings by type are: corporate_news 35, results 13, agm_egm 8, directors_dealings 9, major_holder 6, exchange_bulletin 5, ad_hoc 1, regulatory_filing 1.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is 삼일회계법인. Its location is not on the record. The record carries no auditor changes, as the market's record does not carry them.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record carries no listing, delisting, name change, domicile change or segment move lines, as the index does not carry a type for these. The issuer is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable, because the chapter's orderability section carries no client_categories and so the outcome cannot name its client category. The rule version is acm-68000/kr/suitability-and-appropriateness-fscma-articles-46-and-46-2/r1, with chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 16 research houses: CGSI, Citi, CLSA, Daishin, Daiwa, Daol, Hana, Hyundai Motor, Kiwoom, Korea Investment, Kyobo, Macquarie, Mirae Asset, Morgan Stanley, Samsung and SangSangin.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes are on the record; none was found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed, and the market's earliest sealed date is not on the record. The live record began on 2026-09-12. Years 2021 through 2026 are sealed in the store but not served as of a date; the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://kind.krx.co.kr/corpgeneral/corpList.do?method=download&searchType=13"
  },
  {
   "for": "identity.isin",
   "source": "https://data.krx.co.kr/comm/bldAttendant/getJsonData.cmd"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://opendart.fss.or.kr/api/company.json?corp_code=00888347"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.kr-cm-kg.ai/events/KOSDAQ/145020"
  },
  {
   "for": "the halt flag",
   "source": "https://kind.krx.co.kr/investwarn/tradinghaltissue.do?method=searchTradingHaltIssueMain"
  },
  {
   "for": "the auditor",
   "source": "https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260320000349"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.kr-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.hugel-inc.com/en/investors/financial-reports"
  },
  {
   "for": "the record",
   "source": "https://mcp.kr-cm-kg.ai/record/KOSDAQ/145020"
  }
 ],
 "title": "Hugel, Inc. (145020) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}