Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩121,900, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 15x in the Telecom industry in Asia. Total returns to shareholders of 131% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩212,459 per share. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩116,600, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 15x in the Telecom industry in Asia. Total returns to shareholders of 115% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩213,317 per share. Annonce • Mar 13
KINX, Inc., Annual General Meeting, Mar 26, 2026 KINX, Inc., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 34, gwacheon-daero 7na-gil, gyeonggi-do, gwacheon South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩99,800, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Telecom industry in Asia. Total returns to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩140,600, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Telecom industry in Asia. Total returns to shareholders of 124% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩208,239 per share. Upcoming Dividend • Dec 22
Upcoming dividend of ₩600 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (4.4%). Valuation Update With 7 Day Price Move • Nov 26
Investor sentiment improves as stock rises 35% After last week's 35% share price gain to ₩112,100, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 122% over the past three years. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩848 (vs ₩775 in 3Q 2024) Third quarter 2025 results: EPS: ₩848 (up from ₩775 in 3Q 2024). Revenue: ₩39.5b (up 14% from 3Q 2024). Net income: ₩4.10b (up 9.4% from 3Q 2024). Profit margin: 10% (in line with 3Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Declared Dividend • Nov 08
Dividend of ₩600 announced Dividend of ₩600 is the same as last year. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 0.7%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (18% 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 7.0% per year over the past 6 years and payments have been stable during that time. EPS is expected to grow by 32% over the next year, which should provide support to the dividend and adequate earnings cover. Annonce • Nov 07
KINX, Inc. announces Annual dividend, payable on April 13, 2026 KINX, Inc. announced Annual dividend of KRW 600.0000 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Aug 30
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. This is currently the only risk that has been identified for the company. Reported Earnings • Mar 25
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: ₩3,736 (down from ₩5,104 in FY 2023). Revenue: ₩138.9b (up 13% from FY 2023). Net income: ₩18.1b (down 27% from FY 2023). Profit margin: 13% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Mar 13
KINX, Inc., Annual General Meeting, Mar 27, 2025 KINX, Inc., Annual General Meeting, Mar 27, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 34, gwacheon-daero 7na-gil, gyeonggi-do, gwacheon South Korea Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩84,100, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 58% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩600 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 14 April 2025. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (4.5%). 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩74,800, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩64,100, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 13x in the Telecom industry in Asia. Total returns to shareholders of 11% over the past three years. New Risk • Mar 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩108,000, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 37% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩600 per share at 0.6% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (4.4%). Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩96,400, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Telecom industry in Asia. Total returns to shareholders of 45% over the past three years. New Risk • Dec 11
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 8.7% 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. New Risk • Oct 10
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 8.9% 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 • Sep 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩77,800, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 14x in the Telecom industry in Asia. Total loss to shareholders of 8.8% over the past three years. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩77,100, the stock trades at a trailing P/E ratio of 13.9x. Average forward P/E is 15x in the Telecom industry in Asia. Total returns to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩61,600, the stock trades at a trailing P/E ratio of 11.7x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 8.5% over the past three years. Buying Opportunity • Mar 29
Now 20% undervalued Over the last 90 days, the stock is up 12%. The fair value is estimated to be ₩76,344, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 10%. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩70,800, the stock trades at a trailing P/E ratio of 14x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 60% over the past three years. Buying Opportunity • Jan 03
Now 20% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be ₩70,212, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 9.7%. Upcoming Dividend • Dec 21
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 10 April 2023. Payout ratio is a comfortable 9.9% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (4.5%). 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. 6 experienced directors. No highly experienced directors. No independent directors (6 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. Annonce • May 20
KINX, Inc. (KOSDAQ:A093320) announces an Equity Buyback for KRW 2,000 million worth of its shares. KINX, Inc. (KOSDAQ:A093320) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million worth of its shares pursuant to a contract with NH Investment & Securities Co., Ltd. The purpose of the program is to improve shareholder value and to stabilize stock price. The program will expire on November 17, 2022. As of May 17, 2022, the company has 3,196 shares in treasury within scope available for dividend and had no shares in treasury through other repurchase. 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. 6 experienced directors. No highly experienced directors. No independent directors (6 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. Upcoming Dividend • Dec 22
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 06 April 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (3.7%). Reported Earnings • Nov 18
Third quarter 2021 earnings released: EPS ₩998 (vs ₩661 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩22.5b (up 28% from 3Q 2020). Net income: ₩4.87b (up 51% from 3Q 2020). Profit margin: 22% (up from 18% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩77,800, the stock is trading at a trailing P/E ratio of 22.2x, down from the previous P/E ratio of 26.9x. This compares to an average P/E of 15x in the Telecom industry in South Korea. Total returns to shareholders over the past three years are 404%. Is New 90 Day High Low • Jan 22
New 90-day high: ₩87,100 The company is up 1.0% from its price of ₩86,500 on 23 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩11,273 per share. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩500 Per Share Will be paid on the 3rd of April to those who are registered shareholders by the 29th of December. The trailing yield of 0.7% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (3.9%). Is New 90 Day High Low • Nov 27
New 90-day low: ₩72,200 The company is down 17% from its price of ₩87,000 on 28 August 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩9,513 per share.