Anuncio • Mar 14
NPC Co., Ltd., Annual General Meeting, Mar 31, 2026 NPC Co., Ltd., Annual General Meeting, Mar 31, 2026, at 10:30 Tokyo Standard Time. Location: conference room, 785-17, sinsu-ro, suji-gu, gyeonggi-do, yongin South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩105 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 07 April 2026. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.8%). Reported Earnings • Nov 20
Third quarter 2025 earnings released: EPS: ₩103 (vs ₩2,170 in 3Q 2024) Third quarter 2025 results: EPS: ₩103 (down from ₩2,170 in 3Q 2024). Revenue: ₩115.6b (flat on 3Q 2024). Net income: ₩3.94b (down 95% from 3Q 2024). Profit margin: 3.4% (down from 74% in 3Q 2024). 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 19% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 08
Dividend of ₩105 announced Dividend of ₩105 is the same as last year. Ex-date: 29th December 2025 Payment date: 7th April 2026 Dividend yield will be 2.7%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (7% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.7% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Anuncio • Nov 07
NPC Co., Ltd. announces Annual dividend, payable on April 07, 2026 NPC Co., Ltd. announced Annual dividend of KRW 105.0000 per share payable on April 07, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Nov 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩143.5b (US$99.3m) 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (₩143.5b market cap, or US$99.3m). Reported Earnings • Aug 20
Second quarter 2025 earnings released: EPS: ₩170 (vs ₩173 in 2Q 2024) Second quarter 2025 results: EPS: ₩170 (down from ₩173 in 2Q 2024). Revenue: ₩112.4b (down 12% from 2Q 2024). Net income: ₩6.48b (down 7.7% from 2Q 2024). Profit margin: 5.8% (up from 5.5% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Anuncio • Mar 13
NPC Co., Ltd., Annual General Meeting, Mar 31, 2025 NPC Co., Ltd., Annual General Meeting, Mar 31, 2025, at 10:30 Tokyo Standard Time. Location: conference room, 785-17, sinsu-ro, suji-gu, gyeonggi-do, yongin South Korea New Risk • Feb 03
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩145.2b (US$99.0m) 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: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩145.2b market cap, or US$99.0m). Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 04 April 2025. Payout ratio is a comfortable 5.2% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.8%). New Risk • Nov 24
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 34% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. New Risk • May 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: 3.0% Last year net profit margin: 6.9% 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. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.0% net profit margin). Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share at 1.8% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.6%). Reported Earnings • May 20
First quarter 2023 earnings released: EPS: ₩332 (vs ₩85.00 in 1Q 2022) First quarter 2023 results: EPS: ₩332 (up from ₩85.00 in 1Q 2022). Revenue: ₩126.9b (up 4.4% from 1Q 2022). Net income: ₩13.7b (up 281% from 1Q 2022). Profit margin: 11% (up from 2.9% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 21% per year. Upcoming Dividend • Dec 21
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 05 April 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.5%). 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). was the last director to join the board, commencing their role in . 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 • Jul 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₩8,770, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 11x in the Packaging industry in South Korea. Total returns to shareholders of 138% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 22% share price decline to ₩7,860, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 11x in the Packaging industry in South Korea. Total returns to shareholders of 121% 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). was the last director to join the board, commencing their role in . 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 21
Investor sentiment improved over the past week After last week's 27% share price gain to ₩11,900, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 15x in the Packaging industry in South Korea. Total returns to shareholders of 217% 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: 05 April 2022. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 32% share price gain to ₩9,470, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 15x in the Packaging industry in South Korea. Total returns to shareholders of 178% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 37% share price gain to ₩7,590, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 16x in the Packaging industry in South Korea. Total returns to shareholders of 126% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 25% share price gain to ₩6,910, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 18x in the Packaging industry in South Korea. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₩5,760, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 15x in the Packaging industry in South Korea. Total returns to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 20% share price gain to ₩5,430, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 15x in the Packaging industry in South Korea. Total returns to shareholders of 30% over the past three years. Reported Earnings • Mar 28
Full year 2020 earnings released: EPS ₩449 (vs ₩343 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₩431.3b (down 5.1% from FY 2019). Net income: ₩18.9b (up 31% from FY 2019). Profit margin: 4.4% (up from 3.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 04
New 90-day high: ₩4,280 The company is up 32% from its price of ₩3,250 on 04 December 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Feb 18
Investor sentiment improved over the past week After last week's 16% share price gain to ₩4,170, the stock is trading at a trailing P/E ratio of 16x, up from the previous P/E ratio of 13.7x. This compares to an average P/E of 14x in the Packaging industry in South Korea. Total return to shareholders over the past three years is a loss of 20%. Is New 90 Day High Low • Feb 08
New 90-day high: ₩3,735 The company is up 21% from its price of ₩3,095 on 10 November 2020. The South Korean market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 29% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: ₩3,560 The company is up 15% from its price of ₩3,095 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: ₩3,355 The company is up 5.0% from its price of ₩3,195 on 10 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 23% over the same period. Is New 90 Day High Low • Oct 30
New 90-day low: ₩2,970 The company is down 13% from its price of ₩3,425 on 31 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 10.0% over the same period.