Buy Or Sell Opportunity • 18h
Now 25% overvalued Over the last 90 days, the stock has fallen 41% to ₩41,300. The fair value is estimated to be ₩33,019, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 14%. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₩36,500, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 19x in the Electrical industry in South Korea. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩42,750, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 26x 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 • Jun 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩46,200, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 30x in the Electrical industry in South Korea. Total returns to shareholders of 194% over the past three years. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩56,000, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 37x in the Electrical industry in South Korea. Total returns to shareholders of 245% over the past three years. New Risk • May 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 42% 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 (42% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩77,400, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 54x in the Electrical industry in South Korea. Total returns to shareholders of 460% over the past three years. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩61,000, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 45x in the Electrical industry in South Korea. Total returns to shareholders of 325% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to ₩43,000, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 38x in the Electrical industry in South Korea. Total returns to shareholders of 270% over the past three years. Annuncio • Feb 24
Cheryong Electric Co.,Ltd., Annual General Meeting, Mar 24, 2026 Cheryong Electric Co.,Ltd., Annual General Meeting, Mar 24, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 628, achasan-ro, gwangjin-gu, seoul South Korea Annuncio • Feb 05
Cheryong Electric Co.,Ltd. to Report Fiscal Year 2025 Results on Feb 09, 2026 Cheryong Electric Co.,Ltd. announced that they will report fiscal year 2025 results on Feb 09, 2026 New Risk • Feb 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 10% 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 • Jan 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₩48,850, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 29x in the Electrical industry in South Korea. Total returns to shareholders of 374% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩1,000 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.6%). Reported Earnings • Nov 14
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₩69.8b (flat on 3Q 2024). Net income: ₩20.0b (down 2.3% from 3Q 2024). Profit margin: 29% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 52% per year whereas the company’s share price has increased by 49% per year. Declared Dividend • Nov 08
Dividend of ₩1,000 announced Dividend of ₩1,000 is the same as last year. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 2.7%, which is higher than the industry average of 0.4%. Sustainability & Growth The dividend has increased by an average of 111% per year over the past 4 years and payments have been stable during that time. Annuncio • Nov 07
Cheryong Electric Co.,Ltd. announces Annual dividend, payable on April 13, 2026 Cheryong Electric Co.,Ltd. announced Annual dividend of KRW 1000.0000 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩42,100, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 597% over the past three years. Annuncio • Feb 25
Cheryong Electric Co.,Ltd., Annual General Meeting, Mar 25, 2025 Cheryong Electric Co.,Ltd., Annual General Meeting, Mar 25, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 628, achasan-ro, gwangjin-gu, seoul South Korea Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩48,800, the stock trades at a trailing P/E ratio of 8.9x. Average forward P/E is 14x in the Electrical industry in South Korea. Total returns to shareholders of 970% over the past three years. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩57,400, the stock trades at a trailing P/E ratio of 10.4x. Average forward P/E is 16x in the Electrical industry in South Korea. Total returns to shareholders of 1,163% over the past three years. 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 Risk Share price has been volatile over the past 3 months (9.7% average weekly change). Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩39,200, the stock trades at a trailing P/E ratio of 7.1x. Average forward P/E is 14x in the Electrical industry in South Korea. Total returns to shareholders of 710% over the past three years. Declared Dividend • Nov 14
Dividend of ₩500 announced Shareholders will receive a dividend of ₩500. Ex-date: 27th December 2024 Payment date: 14th April 2025 Dividend yield will be 1.1%, which is higher than the industry average of 0.4%. Sustainability & Growth The dividend has increased by an average of 115% per year over the past 3 years and payments have been stable during that time. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: ₩1,273 (vs ₩875 in 3Q 2023) Third quarter 2024 results: EPS: ₩1,273 (up from ₩875 in 3Q 2023). Revenue: ₩69.4b (up 66% from 3Q 2023). Net income: ₩20.4b (up 46% from 3Q 2023). Profit margin: 29% (down from 34% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, earnings per share has increased by 100% per year whereas the company’s share price has increased by 99% per year. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩60,500, the stock trades at a trailing P/E ratio of 11.9x. Average forward P/E is 18x in the Electrical industry in South Korea. Total returns to shareholders of 1,010% over the past three years. Valuation Update With 7 Day Price Move • Sep 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩46,950, the stock trades at a trailing P/E ratio of 9.2x. Average forward P/E is 15x in the Electrical industry in South Korea. Total returns to shareholders of 682% over the past three years. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩78,800, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 22x in the Electrical industry in South Korea. Total returns to shareholders of 1,128% over the past three years. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩90,900, the stock trades at a trailing P/E ratio of 20.7x. Average forward P/E is 23x in the Electrical industry in South Korea. Total returns to shareholders of 1,241% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩76,600, the stock trades at a trailing P/E ratio of 17.4x. Average forward P/E is 25x in the Electrical industry in South Korea. Total returns to shareholders of 1,024% over the past three years. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: ₩1,354 (vs ₩470 in 1Q 2023) First quarter 2024 results: EPS: ₩1,354 (up from ₩470 in 1Q 2023). Revenue: ₩65.0b (up 114% from 1Q 2023). Net income: ₩21.7b (up 188% from 1Q 2023). Profit margin: 34% (up from 25% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩74,900, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Electrical industry in South Korea. Total returns to shareholders of 1,062% over the past three years. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩51,800, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Electrical industry in South Korea. Total returns to shareholders of 736% over the past three years. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩39,800, the stock trades at a trailing P/E ratio of 11.3x. Average forward P/E is 17x in the Electrical industry in South Korea. Total returns to shareholders of 553% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩27,200, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 18x in the Electrical industry in South Korea. Total returns to shareholders of 359% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩500 per share at 2.4% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 11 April 2024. Trailing yield: 2.4%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.3%). Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: ₩875 (vs ₩382 in 3Q 2022) Third quarter 2023 results: EPS: ₩875 (up from ₩382 in 3Q 2022). Revenue: ₩41.8b (up 67% from 3Q 2022). Net income: ₩14.1b (up 129% from 3Q 2022). Profit margin: 34% (up from 25% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩24,500, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 363% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩20,550, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 270% over the past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩17,560, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 209% over the past three years. Reported Earnings • May 17
First quarter 2023 earnings released: EPS: ₩470 (vs ₩29.00 loss in 1Q 2022) First quarter 2023 results: EPS: ₩470 (up from ₩29.00 loss in 1Q 2022). Revenue: ₩30.4b (up 217% from 1Q 2022). Net income: ₩7.55b (up ₩8.01b from 1Q 2022). Profit margin: 25% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₩16,220, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 179% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩14,000, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 19x in the Electrical industry in South Korea. Total returns to shareholders of 204% over the past three years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩12,580, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 18x in the Electrical industry in South Korea. Total returns to shareholders of 148% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩150 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 11 April 2023. Trailing yield: 0.4%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (0.9%). Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: ₩382 (vs ₩13.00 loss in 3Q 2021) Third quarter 2022 results: EPS: ₩382 (up from ₩13.00 loss in 3Q 2021). Revenue: ₩25.0b (up 111% from 3Q 2021). Net income: ₩6.13b (up ₩6.34b from 3Q 2021). Profit margin: 25% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. 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. Reported Earnings • May 19
First quarter 2022 earnings released: ₩29.00 loss per share (vs ₩9.00 profit in 1Q 2021) First quarter 2022 results: ₩29.00 loss per share (down from ₩9.00 profit in 1Q 2021). Revenue: ₩9.57b (down 3.2% from 1Q 2021). Net loss: ₩466.0m (down 436% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. 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. Upcoming Dividend • Dec 22
Upcoming dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.7%). Reported Earnings • Nov 16
Third quarter 2021 earnings released: ₩13.00 loss per share (vs ₩3.00 profit in 3Q 2020) The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ₩11.9b (up 10.0% from 3Q 2020). Net loss: ₩206.3m (down 480% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improved over the past week After last week's 17% share price gain to ₩7,140, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 24x in the Electrical industry in South Korea. Total loss to shareholders of 47% over the past three years. Annuncio • Feb 22
Cheryong Electric Co.,Ltd., Annual General Meeting, Mar 23, 2021 Cheryong Electric Co.,Ltd., Annual General Meeting, Mar 23, 2021, at 10:00 Korea Standard Time. Is New 90 Day High Low • Feb 17
New 90-day high: ₩5,950 The company is up 17% from its price of ₩5,070 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electrical industry, which is up 14% over the same period. Annuncio • Jan 28
Cheryong Electric Co.,Ltd. to Report Fiscal Year 2020 Results on Feb 01, 2021 Cheryong Electric Co.,Ltd. announced that they will report fiscal year 2020 results on Feb 01, 2021 Is New 90 Day High Low • Jan 27
New 90-day high: ₩5,680 The company is up 15% from its price of ₩4,935 on 29 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 Electrical industry, which is up 27% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: ₩5,520 The company is up 5.0% from its price of ₩5,270 on 18 September 2020. The South Korean market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period. Reported Earnings • Nov 19
Third quarter 2020 earnings released: EPS ₩3.00 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₩10.8b (down 3.5% from 3Q 2019). Net income: ₩54.3m (down 96% from 3Q 2019). Profit margin: 0.5% (down from 12% in 3Q 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 30
New 90-day low: ₩4,895 The company is down 13% from its price of ₩5,600 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 Electrical industry, which is up 11% over the same period. 
