Anuncio • Mar 17
Inzi Display Co.,Ltd, Annual General Meeting, Mar 31, 2026 Inzi Display Co.,Ltd, Annual General Meeting, Mar 31, 2026, at 10:30 Tokyo Standard Time. Location: auditorium, 88, dongsan-ro, danwon-gu, gyeonggi-do, ansan South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩1,300, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 28% over the past three years. New Risk • Apr 02
New major risk - Revenue and earnings growth Earnings have declined by 5.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 5.8% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (256% payout ratio). Market cap is less than US$100m (₩50.8b market cap, or US$34.7m). Anuncio • Mar 18
Inzi Display Co.,Ltd, Annual General Meeting, Mar 31, 2025 Inzi Display Co.,Ltd, Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 88, dongsan-ro, danwon-gu, gyeonggi-do, ansan South Korea New Risk • Dec 09
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩55.0b market cap, or US$38.7m). New Risk • Aug 26
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 55% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Market cap is less than US$100m (₩68.7b market cap, or US$51.8m). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩1,447, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 52% over the past three years. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩2,100, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 43% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩50.00 per share at 2.7% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.9%). Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₩2,575, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 52% over the past three years. New Risk • Aug 09
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 8.5% 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: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 8.5% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩86.4b market cap, or US$65.6m). Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩1,826, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩2,355, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩2,060, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 15x in the Electronic industry in South Korea. Total returns to shareholders of 66% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 25 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.8%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.0%). 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. 5 experienced directors. No highly experienced directors. 2 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩1,930, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total returns to shareholders of 3.5% over the past three years. Board Change • Apr 27
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. 5 experienced directors. No highly experienced directors. 2 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: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 April 2022. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 3.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.4%). Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 17% share price gain to ₩3,380, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 154% over the past three years. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 19% share price gain to ₩3,425, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 22x in the Electronic industry in South Korea. Total returns to shareholders of 137% over the past three years. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS ₩374 (vs ₩112 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ₩764.5b (up 37% from FY 2019). Net income: ₩16.2b (up 283% from FY 2019). Profit margin: 2.1% (up from 0.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 25% per year. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩3,100, the stock is trading at a trailing P/E ratio of 14x, down from the previous P/E ratio of 16.6x. This compares to an average P/E of 26x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 90%. Is New 90 Day High Low • Feb 17
New 90-day high: ₩4,240 The company is up 30% from its price of ₩3,265 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 43% over the same period. Is New 90 Day High Low • Jan 26
New 90-day high: ₩4,200 The company is up 10.0% from its price of ₩3,830 on 28 October 2020. The South Korean market is up 36% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 57% over the same period. Is New 90 Day High Low • Oct 27
New 90-day high: ₩3,860 The company is up 116% from its price of ₩1,785 on 29 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is flat over the same period. Valuation Update With 7 Day Price Move • Oct 27
Market bids up stock over the past week After last week's 15% share price gain to ₩3,860, the stock is trading at a trailing P/E ratio of 22.4x, up from the previous P/E ratio of 19.5x. This compares to an average P/E of 21x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 116%. Is New 90 Day High Low • Oct 08
New 90-day high: ₩3,660 The company is up 113% from its price of ₩1,715 on 10 July 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 10.0% over the same period. Is New 90 Day High Low • Sep 21
New 90-day high: ₩2,655 The company is up 60% from its price of ₩1,655 on 23 June 2020. The South Korean market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period.