New Risk • Jul 01
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 14% 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. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (₩20m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (₩66.9b market cap, or US$42.9m). Price Target Changed • Jul 01
Price target decreased by 14% to ₩10,400 Down from ₩12,143, the current price target is an average from 5 analysts. New target price is 197% above last closing price of ₩3,500. Stock is down 70% over the past year. The company is forecast to post a net loss per share of ₩2,259 next year compared to a net loss per share of ₩4,729 last year. Breakeven Date Change • Jul 01
Forecast breakeven date pushed back to 2028 The 5 analysts covering ContentreeJoongAng previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 99% per year to 2027. The company is expected to make a profit of ₩14.0b in 2028. Average annual earnings growth of 106% is required to achieve expected profit on schedule. Breakeven Date Change • May 11
Forecast breakeven date pushed back to 2028 The 6 analysts covering ContentreeJoongAng previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 99% per year to 2027. The company is expected to make a profit of ₩14.0b in 2028. Average annual earnings growth of 99% is required to achieve expected profit on schedule. Price Target Changed • May 09
Price target decreased by 9.4% to ₩11,000 Down from ₩12,143, the current price target is an average from 6 analysts. New target price is 85% above last closing price of ₩5,940. Stock is down 38% over the past year. The company is forecast to post earnings per share of ₩808 next year compared to a net loss per share of ₩4,729 last year. Ankündigung • Apr 23
ContentreeJoongAng corp. to Report Q1, 2026 Results on May 07, 2026 ContentreeJoongAng corp. announced that they will report Q1, 2026 results on May 07, 2026 Breakeven Date Change • Apr 03
Forecast breakeven date moved forward to 2026 The 8 analysts covering ContentreeJoongAng previously expected the company to break even in 2027. New consensus forecast suggests the company will make a profit of ₩3.55b in 2026. Earnings growth of 135% is required to achieve expected profit on schedule. Ankündigung • Feb 27
ContentreeJoongAng corp., Annual General Meeting, Mar 26, 2026 ContentreeJoongAng corp., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 48-6, sangamsan-ro, mapo-gu, seoul South Korea Price Target Changed • Feb 14
Price target decreased by 8.6% to ₩12,143 Down from ₩13,286, the current price target is an average from 7 analysts. New target price is 68% above last closing price of ₩7,240. Stock is down 12% over the past year. The company is forecast to post a net loss per share of ₩4,257 next year compared to a net loss per share of ₩3,478 last year. Breakeven Date Change • Feb 14
No longer forecast to breakeven The 8 analysts covering ContentreeJoongAng no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of ₩950.0k in 2027. New consensus forecast suggests the company will make a loss of ₩4.83m in 2027. Ankündigung • Jan 30
ContentreeJoongAng corp. to Report Fiscal Year 2025 Results on Feb 12, 2026 ContentreeJoongAng corp. announced that they will report fiscal year 2025 results on Feb 12, 2026 New Risk • Jan 13
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 8.8% 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. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (₩1.1b net loss in 2 years). Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₩127.0b market cap, or US$86.6m). New Risk • Jan 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩125.1b (US$86.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (₩1.1b net loss in 2 years). Market cap is less than US$100m (₩125.1b market cap, or US$86.2m). New Risk • Nov 25
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: ₩79b Forecast net loss in 2 years: ₩1.1b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. New Risk • Nov 21
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: ₩103b Forecast net loss in 2 years: ₩4.4b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩232b). Currently unprofitable and not forecast to become profitable over next 2 years (₩4.4b net loss in 2 years). New Risk • Nov 07
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: ₩103b Forecast net loss in 2 years: ₩2.3b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩232b). Currently unprofitable and not forecast to become profitable over next 2 years (₩2.3b net loss in 2 years). Breakeven Date Change • Oct 01
Forecast breakeven date pushed back to 2027 The 7 analysts covering ContentreeJoongAng previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 99% per year to 2026. The company is expected to make a profit of ₩6.44b in 2027. Average annual earnings growth of 99% is required to achieve expected profit on schedule. New Risk • Aug 24
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₩232b This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company. Price Target Changed • Jul 02
Price target increased by 7.0% to ₩13,071 Up from ₩12,214, the current price target is an average from 7 analysts. New target price is 14% above last closing price of ₩11,480. Stock is up 4.6% over the past year. The company is forecast to post a net loss per share of ₩1,411 next year compared to a net loss per share of ₩3,478 last year. Breakeven Date Change • May 31
Forecast breakeven date moved forward to 2026 The 8 analysts covering ContentreeJoongAng previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 100% to 2025. The company is expected to make a profit of ₩1.03b in 2026. Average annual earnings growth of 103% is required to achieve expected profit on schedule. Ankündigung • May 14
ContentreeJoongAng corp. (KOSE:A036420) agreed to acquire 10.30% stake in Imaginus for KRW 36.83 billion. ContentreeJoongAng corp. (KOSE:A036420) agreed to acquire 10.30% stake in Imaginus for KRW 36.83 billion on May 13, 2025. A cash consideration of KRW 36.83 billion will be paid by ContentreeJoongAng corp. As part of consideration, KRW 36.83 billion is paid towards common equity of Imaginus. The expected completion of the transaction is May 30, 2025. Major Estimate Revision • May 10
Consensus EPS estimates fall by 15%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ₩1.02b to ₩1.07b. Forecast EPS reduced from -₩1,728 to -₩1,991 per share. Entertainment industry in South Korea expected to see average net income growth of 74% next year. Consensus price target broadly unchanged at ₩12,563. Share price was steady at ₩9,640 over the past week. Ankündigung • May 09
Lotte Cultureworks Co., Ltd. signed a memorandum of understanding to acquire MegaboxJoongAng, Inc. from ContentreeJoongAng corp. (KOSE:A036420) and others. Lotte Cultureworks Co., Ltd. signed a memorandum of understanding to acquire MegaboxJoongAng, Inc. from ContentreeJoongAng corp. (KOSE:A036420) and others on May 8, 2025.
The transaction is subject to subject to approval from the Fair Trade Commission. Ankündigung • Apr 24
ContentreeJoongAng corp. to Report Q1, 2025 Final Results on May 08, 2025 ContentreeJoongAng corp. announced that they will report Q1, 2025 final results on May 08, 2025 New Risk • Apr 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩146.1b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (₩11b net loss in 2 years). Share price has been volatile over the past 3 months (9.5% average weekly change). Market cap is less than US$100m (₩146.1b market cap, or US$98.9m). Ankündigung • Apr 09
ContentreeJoongAng corp. announced that it expects to receive KRW 30 billion in funding ContentreeJoongAng corp. announced a private placement to issue Series 23 unsecured private placement new convertible bonds for a gross proceeds of KRW 30,000,000,000 on April 8, 2025. The transaction includes participation from Korea Investment 2022 Contents Co., Ltd. The bonds have coupon rate of 4% and yield to maturity of 4%. The bonds will mature on April 22, 2055. The bonds will be 100% converted into 3,621,876 common shares at a fixed conversion price of KRW 8,283 per share. The conversion period is from April 11, 2026 to March 11, 2055. The payment date of the transaction is April 11, 2025. The transaction has been approved by the board of directors of the company. The transaction is subject to prohibition of conversion and division of debentures for 1 year from the date of issuance. Ankündigung • Mar 14
ContentreeJoongAng corp., Annual General Meeting, Mar 28, 2025 ContentreeJoongAng corp., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 48-6, sangamsan-ro, mapo-gu, seoul South Korea New Risk • Feb 20
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 9.6% 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. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (₩16b net loss in 2 years). Share price has been volatile over the past 3 months (9.6% average weekly change). Major Estimate Revision • Feb 20
Consensus EPS estimates upgraded to ₩1,176 loss, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ₩1.06b to ₩1.02b. 2025 losses expected to reduce from -₩1,484 to -₩1,176 per share. Entertainment industry in South Korea expected to see average net income growth of 68% next year. Consensus price target down from ₩14,625 to ₩13,278. Share price rose 27% to ₩10,260 over the past week. Major Estimate Revision • Feb 17
Consensus EPS estimates upgraded to ₩1,237 loss, revenue downgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ₩1.06b to ₩1.03b. 2025 losses expected to reduce from -₩1,484 to -₩1,237 per share. Entertainment industry in South Korea expected to see average net income growth of 68% next year. Consensus price target down from ₩14,625 to ₩13,438. Share price was steady at ₩8,100 over the past week. Price Target Changed • Feb 16
Price target decreased by 8.1% to ₩13,438 Down from ₩14,625, the current price target is an average from 8 analysts. New target price is 63% above last closing price of ₩8,250. Stock is down 36% over the past year. The company is forecast to post a net loss per share of ₩3,961 next year compared to a net loss per share of ₩6,445 last year. New Risk • Feb 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩143.3b (US$97.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (₩11b net loss in 2 years). Market cap is less than US$100m (₩143.3b market cap, or US$97.7m). Price Target Changed • Jan 21
Price target decreased by 8.0% to ₩14,625 Down from ₩15,889, the current price target is an average from 8 analysts. New target price is 82% above last closing price of ₩8,040. Stock is down 37% over the past year. The company is forecast to post a net loss per share of ₩3,961 next year compared to a net loss per share of ₩6,445 last year. New Risk • Dec 23
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: ₩127b Forecast net loss in 2 years: ₩5.9b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 20
Third quarter 2024 earnings released: ₩1,178 loss per share (vs ₩666 loss in 3Q 2023) Third quarter 2024 results: ₩1,178 loss per share (further deteriorated from ₩666 loss in 3Q 2023). Revenue: ₩228.2b (down 15% from 3Q 2023). Net loss: ₩22.5b (loss widened 75% from 3Q 2023). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. Breakeven Date Change • Nov 08
Forecast to breakeven in 2026 The 10 analysts covering ContentreeJoongAng expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 99% per year to 2025. The company is expected to make a profit of ₩480.0m in 2026. Average annual earnings growth of 94% is required to achieve expected profit on schedule. Ankündigung • Oct 26
ContentreeJoongAng corp. to Report Q3, 2024 Results on Nov 07, 2024 ContentreeJoongAng corp. announced that they will report Q3, 2024 results on Nov 07, 2024 Breakeven Date Change • Oct 16
Forecast to breakeven in 2026 The 10 analysts covering ContentreeJoongAng expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 99% per year to 2025. The company is expected to make a profit of ₩480.0m in 2026. Average annual earnings growth of 92% is required to achieve expected profit on schedule. Major Estimate Revision • Aug 14
Consensus EPS estimates fall by 48% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₩1.03b to ₩947.0m. Losses expected to increase from ₩2,301 per share to ₩3,415. Entertainment industry in South Korea expected to see average net income growth of 29% next year. Consensus price target down from ₩17,091 to ₩16,545. Share price was steady at ₩9,170 over the past week. Ankündigung • Jul 26
ContentreeJoongAng corp. to Report First Half, 2024 Results on Aug 08, 2024 ContentreeJoongAng corp. announced that they will report first half, 2024 results on Aug 08, 2024 Major Estimate Revision • Jul 12
Consensus EPS estimates fall by 23% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩1,863 to -₩2,301 per share. Revenue forecast unchanged at ₩1.03b. Entertainment industry in South Korea expected to see average net income growth of 43% next year. Consensus price target down from ₩18,136 to ₩17,091. Share price fell 3.8% to ₩10,760 over the past week. New Risk • Jul 05
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: ₩110b Forecast net loss in 2 years: ₩3.0b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Major Estimate Revision • May 10
Consensus EPS estimates upgraded to ₩669 loss, revenue downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩1.07b to ₩1.02b. 2024 losses expected to reduce from -₩792 to -₩669 per share. Entertainment industry in South Korea expected to see average net income growth of 28% next year. Consensus price target broadly unchanged at ₩18,136. Share price was steady at ₩13,310 over the past week. Price Target Changed • May 10
Price target decreased by 8.7% to ₩18,136 Down from ₩19,864, the current price target is an average from 11 analysts. New target price is 36% above last closing price of ₩13,310. Stock is down 41% over the past year. The company is forecast to post a net loss per share of ₩677 next year compared to a net loss per share of ₩6,445 last year. Ankündigung • Apr 24
ContentreeJoongAng corp. to Report Q1, 2024 Results on May 08, 2024 ContentreeJoongAng corp. announced that they will report Q1, 2024 results on May 08, 2024 Major Estimate Revision • Apr 19
Consensus EPS estimates fall by 13% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩699 to -₩792 per share. Revenue forecast unchanged at ₩1.07b. Entertainment industry in South Korea expected to see average net income growth of 26% next year. Consensus price target of ₩18,500 unchanged from last update. Share price rose 3.7% to ₩14,630 over the past week. Buy Or Sell Opportunity • Apr 12
Now 22% undervalued Over the last 90 days, the stock has risen 2.2% to ₩14,240. The fair value is estimated to be ₩18,298, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 125% per annum over the same time period. Major Estimate Revision • Mar 30
Consensus EPS estimates fall by 153% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩276 to -₩699 per share. Revenue forecast unchanged at ₩1.07b. Entertainment industry in South Korea expected to see average net income growth of 26% next year. Consensus price target of ₩18,500 unchanged from last update. Share price was steady at ₩13,820 over the past week. Ankündigung • Mar 21
ContentreeJoongAng corp., Annual General Meeting, Mar 28, 2024 ContentreeJoongAng corp., Annual General Meeting, Mar 28, 2024, at 09:01 Korea Standard Time. Location: 2F, 48-6, Sangamsan-ro Mapo-gu, Seoul South Korea Agenda: To consider and approve Audit Report, Business Report, Report on the operating status of the internal accounting control system ; to consider and approve Financial Statements for the 37th term; to consider and approve the Appointment of directors; to consider and approve the Appointment of the member of the Inside Director; to consider and approve the Appointment of the member of the Outside Director; to consider and approve total remuneration of directors; and to consider and approve the total remuneration of auditors. Major Estimate Revision • Mar 16
Consensus EPS estimates upgraded to ₩276 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -₩332 to -₩276 per share. Revenue forecast steady at ₩1.08b. Entertainment industry in South Korea expected to see average net income growth of 27% next year. Consensus price target of ₩18,500 unchanged from last update. Share price rose 2.4% to ₩13,030 over the past week. New Risk • Mar 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: ₩77b Forecast net loss in 3 years: ₩58b This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company. Price Target Changed • Mar 05
Price target decreased by 11% to ₩18,500 Down from ₩20,818, the current price target is an average from 11 analysts. New target price is 52% above last closing price of ₩12,160. Stock is down 50% over the past year. The company is forecast to post a net loss per share of ₩3,397 next year compared to a net loss per share of ₩2,277 last year. Major Estimate Revision • Feb 09
Consensus EPS estimates fall by 340% The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩49.22 to -₩217 per share. Revenue forecast unchanged at ₩1.07b. Entertainment industry in South Korea expected to see average net income growth of 45% next year. Consensus price target down from ₩20,818 to ₩19,864. Share price was steady at ₩12,510 over the past week. Ankündigung • Jan 30
ContentreeJoongAng corp. to Report Q4, 2023 Results on Feb 07, 2024 ContentreeJoongAng corp. announced that they will report Q4, 2023 results on Feb 07, 2024 Price Target Changed • Nov 02
Price target decreased by 7.4% to ₩24,636 Down from ₩26,600, the current price target is an average from 11 analysts. New target price is 93% above last closing price of ₩12,740. Stock is down 42% over the past year. The company is forecast to post a net loss per share of ₩2,722 next year compared to a net loss per share of ₩2,277 last year. Major Estimate Revision • Aug 09
Consensus EPS estimates fall by 23%, revenue upgraded The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ₩963.4m to ₩982.0m. Forecast EPS reduced from -₩1,914 to -₩2,359 per share. Entertainment industry in South Korea expected to see average net income growth of 41% next year. Consensus price target broadly unchanged at ₩29,545. Share price fell 4.4% to ₩16,640 over the past week. Ankündigung • Jul 26
ContentreeJoongAng corp. to Report Q2, 2023 Results on Aug 07, 2023 ContentreeJoongAng corp. announced that they will report Q2, 2023 results on Aug 07, 2023 Major Estimate Revision • Jul 20
Consensus EPS estimates fall by 11% The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -₩1,725 to -₩1,914 per share. Revenue forecast unchanged at ₩963.4m. Entertainment industry in South Korea expected to see average net income growth of 38% next year. Consensus price target of ₩29,364 unchanged from last update. Share price fell 4.1% to ₩15,910 over the past week. Price Target Changed • Jul 12
Price target decreased by 7.5% to ₩30,091 Down from ₩32,545, the current price target is an average from 11 analysts. New target price is 92% above last closing price of ₩15,650. Stock is down 55% over the past year. The company is forecast to post a net loss per share of ₩1,725 next year compared to a net loss per share of ₩2,277 last year. Price Target Changed • May 25
Price target decreased by 8.7% to ₩33,900 Down from ₩37,125, the current price target is an average from 10 analysts. New target price is 51% above last closing price of ₩22,400. Stock is down 48% over the past year. The company is forecast to post a net loss per share of ₩1,802 next year compared to a net loss per share of ₩2,277 last year. Reported Earnings • Mar 26
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: ₩2,277 loss per share (improved from ₩4,630 loss in FY 2021). Revenue: ₩852.1b (up 26% from FY 2021). Net loss: ₩43.0b (loss narrowed 45% from FY 2021). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 5.8%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Entertainment industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Feb 18
Consensus EPS estimates fall by 39% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ₩872 to ₩533 per share. Revenue forecast steady at ₩983.0m. Net income forecast to grow 97% next year vs 17% decline forecast for Entertainment industry in South Korea. Consensus price target of ₩38,889 unchanged from last update. Share price fell 7.0% to ₩25,400 over the past week. Buying Opportunity • Jan 12
Now 21% undervalued Over the last 90 days, the stock is up 24%. The fair value is estimated to be ₩37,257, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company became loss making. Ankündigung • Nov 16
ContentreeJoongAng corp. announced that it expects to receive KRW 100 billion in funding ContentreeJoongAng corp. announced a private placement of 17th series private placement convertible bonds with unregistered interest for gross proceeds of KRW 100,000,000,000 on November 15, 2022. The bonds can be 100% converted into 3,053,994 common shares at a fixed conversion price of KRW 32,744 per share. Price Target Changed • Nov 16
Price target decreased to ₩45,778 Down from ₩55,875, the current price target is an average from 9 analysts. New target price is 78% above last closing price of ₩25,750. Stock is down 63% over the past year. The company is forecast to post a net loss per share of ₩1,852 next year compared to a net loss per share of ₩4,631 last year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Internal Director Soon Kwon was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Oct 27
ContentreeJoongAng corp. to Report Q3, 2022 Results on Nov 03, 2022 ContentreeJoongAng corp. announced that they will report Q3, 2022 results at 3:00 PM, Korea Standard Time on Nov 03, 2022 Ankündigung • Aug 19
SLL JOONGANG Co., Ltd and external investor agreed to acquire Film Monster Co., Ltd from ContentreeJoongAng corp. (KOSE:A036420) for KRW 20,784 million. SLL JOONGANG Co., Ltd and external investor agreed to acquire Film Monster Co., Ltd from ContentreeJoongAng corp. (KOSE:A036420) for KRW 20,784 million on August 18, 2022. Film Monster generated Total assets of KRW 2,978.5 million, total equity of KRW 1,928.4 million and Net Income of KRW -331.4 million for the financial year 2021. Transaction is expected to close on September 14, 2022. Breakeven Date Change • Aug 11
Forecast breakeven date pushed back to 2023 The 7 analysts covering ContentreeJoongAng previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 100% to 2022. The company is expected to make a profit of ₩39.4b in 2023. Average annual earnings growth of 87% is required to achieve expected profit on schedule. Price Target Changed • Aug 10
Price target decreased to ₩67,500 Down from ₩73,500, the current price target is an average from 6 analysts. New target price is 71% above last closing price of ₩39,450. Stock is down 9.7% over the past year. The company is forecast to post earnings per share of ₩34.00 next year compared to a net loss per share of ₩4,631 last year. Breakeven Date Change • May 11
Forecast breakeven date moved forward to 2022 The 7 analysts covering ContentreeJoongAng previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of ₩9.40b in 2022. Earnings growth of 99% is required to achieve expected profit on schedule. Major Estimate Revision • May 11
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -₩23.00 to -₩218 per share. Revenue forecast unchanged at ₩866.3m. Entertainment industry in South Korea expected to see average net income growth of 31% next year. Consensus price target of ₩70,875 unchanged from last update. Share price fell 5.5% to ₩46,150 over the past week. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Internal Director Soon Kwon was the last director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Major Estimate Revision • Feb 15
Consensus revenue estimates increase by 18% The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ₩723.1m to ₩850.4m. EPS estimate increased from ₩689 to ₩933 per share. Net income forecast to grow 96% next year vs 103% growth forecast for Entertainment industry in South Korea. Consensus price target of ₩66,083 unchanged from last update. Share price fell 2.4% to ₩54,000 over the past week. Price Target Changed • Nov 23
Price target increased to ₩62,846 Up from ₩58,667, the current price target is an average from 13 analysts. New target price is 7.8% above last closing price of ₩58,300. Stock is up 87% over the past year. The company is forecast to post a net loss per share of ₩3,148 next year compared to a net loss per share of ₩8,182 last year. Reported Earnings • May 23
First quarter 2021 earnings released: ₩673 loss per share (vs ₩995 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: ₩120.1b (up 17% from 1Q 2020). Net loss: ₩10.9b (loss narrowed 24% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Ankündigung • May 15
Jcontentree corp. announced that it has received KRW 100 billion in funding On May 14, 2021, Jcontentree corp. (KOSE:A036420) closed the transaction. Ankündigung • May 01
Jcontentree corp. (KOSE:A036420) entered into a letter of intent to acquire 5.12% stake in Jtbc Studios Co., Ltd from unknown seller for KRW 58.7 billion. Jcontentree corp. (KOSE:A036420) entered into a letter of intent to acquire 5.12% stake in Jtbc Studios Co., Ltd from unknown seller for KRW 58.7 billion on April 28, 2021. Under the terms Jcontentree corp. will acquire 3.87 million shares and will issue 1.2 million shares as consideration. Post acquisition Jcontentree corp. will hold 54.6 million shares. For the year December 31, 2020, Jtbc Studios Co., Ltd reported total assets of KRW 323 billion, net loss of KRW 4.6 billion. The transaction was resolved on April 28, 2021 and is expected to close in May 28, 2021. Price Target Changed • Apr 20
Price target increased to ₩47,833 Up from ₩44,615, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of ₩46,050. Stock is up 38% over the past year. Ankündigung • Mar 11
Jcontentree corp., Annual General Meeting, Mar 25, 2021 Jcontentree corp., Annual General Meeting, Mar 25, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Feb 25
New 90-day high: ₩45,850 The company is up 52% from its price of ₩30,150 on 27 November 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩137,890 per share. Price Target Changed • Jan 27
Price target raised to ₩41,385 Up from ₩38,269, the current price target is an average from 13 analysts. The new target price is close to the current share price of ₩42,800. As of last close, the stock is up 5.4% over the past year.