Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩5,660, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 27x in the Electrical industry in South Korea. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩7,900, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 35x in the Electrical industry in South Korea. Total returns to shareholders of 86% over the past three years. New Risk • May 28
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (14% average weekly change). Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩11,270, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 52x in the Electrical industry in South Korea. Total returns to shareholders of 172% over the past three years. New Risk • May 04
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩10,350, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 46x in the Electrical industry in South Korea. Total returns to shareholders of 136% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩8,510, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 37x in the Electrical industry in South Korea. Total returns to shareholders of 86% over the past three years. Reported Earnings • Mar 17
Full year 2025 earnings released: EPS: ₩765 (vs ₩491 in FY 2024) Full year 2025 results: EPS: ₩765 (up from ₩491 in FY 2024). Revenue: ₩2.28t (up 27% from FY 2024). Net income: ₩35.2b (up 56% from FY 2024). Profit margin: 1.5% (up from 1.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 19% per year. Announcement • Mar 05
ILJIN Holdings Co.,Ltd., Annual General Meeting, Mar 19, 2026 ILJIN Holdings Co.,Ltd., Annual General Meeting, Mar 19, 2026, at 08:30 Tokyo Standard Time. Location: conference room, 905-17, mannyeon-ro, gyeonggi-do, hwaseong South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩7,640, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 38x in the Electrical industry in South Korea. Total returns to shareholders of 90% over the past three years. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩8,280, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 30x in the Electrical industry in South Korea. Total returns to shareholders of 118% over the past three years. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩6,970, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 22x in the Electrical industry in South Korea. Total returns to shareholders of 74% over the past three years. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩346 (vs ₩45.00 in 3Q 2024) Third quarter 2025 results: EPS: ₩346 (up from ₩45.00 in 3Q 2024). Revenue: ₩517.3b (up 34% from 3Q 2024). Net income: ₩15.9b (up ₩13.8b from 3Q 2024). Profit margin: 3.1% (up from 0.5% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 22% per year. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩8,040, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 25x in the Electrical industry in South Korea. Total returns to shareholders of 104% over the past three years. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩6,380, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 24x in the Electrical industry in South Korea. Total returns to shareholders of 74% over the past three years. New Risk • Aug 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 2.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩6,000, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 5.4% over the past three years. Reported Earnings • May 20
First quarter 2025 earnings released: EPS: ₩289 (vs ₩170 in 1Q 2024) First quarter 2025 results: EPS: ₩289 (up from ₩170 in 1Q 2024). Revenue: ₩505.6b (up 31% from 1Q 2024). Net income: ₩13.3b (up 70% from 1Q 2024). Profit margin: 2.6% (up from 2.0% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. New Risk • Mar 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 1.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Announcement • Mar 06
ILJIN Holdings Co.,Ltd., Annual General Meeting, Mar 20, 2025 ILJIN Holdings Co.,Ltd., Annual General Meeting, Mar 20, 2025, at 08:30 Tokyo Standard Time. Location: conference room, 905-17, mannyeon-ro, gyeonggi-do, hwaseong South Korea Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: ₩601 (vs ₩403 in FY 2022) Full year 2023 results: EPS: ₩601 (up from ₩403 in FY 2022). Revenue: ₩1.47t (up 2.7% from FY 2022). Net income: ₩27.6b (up 49% from FY 2022). Profit margin: 1.9% (up from 1.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩150 per share at 3.9% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.3%). Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: ₩403 (vs ₩440 in FY 2021) Full year 2022 results: EPS: ₩403 (down from ₩440 in FY 2021). Revenue: ₩1.43t (up 21% from FY 2021). Net income: ₩18.5b (down 8.2% from FY 2021). Profit margin: 1.3% (down from 1.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). External Director Jong-In Kim was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩3,880, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 15x in the Electrical industry in South Korea. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 19% share price gain to ₩7,130, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 17x in the Electrical industry in South Korea. Total returns to shareholders of 140% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩5,870, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 17x in the Electrical industry in South Korea. Total returns to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 20% share price gain to ₩7,090, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 18x in the Electrical industry in South Korea. Total returns to shareholders of 137% over the past three years. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). External Director Jong-In Kim was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 31% share price gain to ₩6,600, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 17x in the Electrical industry in South Korea. Total returns to shareholders of 68% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 20 April 2022. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.7%). Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩6,730, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 22x in the Electrical industry in South Korea. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 15% share price gain to ₩6,410, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 54% over the past three years. Announcement • Mar 12
ILJIN Holdings Co., Ltd., Annual General Meeting, Mar 26, 2021 ILJIN Holdings Co., Ltd., Annual General Meeting, Mar 26, 2021, at 10:00 Korea Standard Time. Is New 90 Day High Low • Feb 26
New 90-day low: ₩5,030 The company is down 4.0% from its price of ₩5,230 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is down 3.0% over the same period. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩5,500, the stock is trading at a trailing P/E ratio of 25.1x, down from the previous P/E ratio of 30.1x. This compares to an average P/E of 23x in the Electrical industry in South Korea. Total return to shareholders over the past three years is a loss of 4.1%. Is New 90 Day High Low • Jan 12
New 90-day high: ₩5,930 The company is up 21% from its price of ₩4,905 on 14 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electrical industry, which is up 19% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩100.00 Per Share Will be paid on the 8th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.9% is below the top quartile of South Korean dividend payers (2.6%), but it is higher than industry peers (1.2%). Is New 90 Day High Low • Dec 21
New 90-day high: ₩5,430 The company is up 6.0% from its price of ₩5,110 on 22 September 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 14% over the same period. 
