Valuation Update With 7 Day Price Move • 14h
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩11,830, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Machinery industry in South Korea. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₩16,260, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Machinery industry in South Korea. Total returns to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩14,310, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Machinery industry in South Korea. Total returns to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩20,550, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 19x in the Machinery industry in South Korea. Total returns to shareholders of 94% over the past three years. Reported Earnings • Mar 18
Full year 2025 earnings released: EPS: ₩1,633 (vs ₩1,049 in FY 2024) Full year 2025 results: EPS: ₩1,633 (up from ₩1,049 in FY 2024). Revenue: ₩463.8b (up 19% from FY 2024). Net income: ₩32.6b (up 56% from FY 2024). Profit margin: 7.0% (up from 5.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Annuncio • Mar 10
JINSUNG T.E.C., Inc., Annual General Meeting, Mar 26, 2026 JINSUNG T.E.C., Inc., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 3, segyosandan-ro, gyeonggi-do, pyeongtaek South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩13,040, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 23x in the Machinery industry in South Korea. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩16,360, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 21x in the Machinery industry in South Korea. Total returns to shareholders of 49% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.0%). New Risk • Nov 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% 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 (24% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Declared Dividend • Nov 08
Dividend of ₩200 announced Dividend of ₩200 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 1.6%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is covered by earnings (17% 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 remained flat since 6 years ago. However, payments have been volatile during that time. Earnings per share has grown by 7.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Nov 07
JINSUNG T.E.C., Inc. announces Annual dividend, payable on April 15, 2026 JINSUNG T.E.C., Inc. announced Annual dividend of KRW 200.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Aug 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 31% 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 (31% accrual ratio). Minor Risks Less than 3 years of financial data is available. Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩11,300, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 6.6% over the past three years. Buy Or Sell Opportunity • Apr 10
Now 25% overvalued Over the last 90 days, the stock has fallen 14% to ₩8,250. The fair value is estimated to be ₩6,602, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.3% over the last 3 years. Earnings per share has declined by 12%. Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: ₩1,049 (vs ₩1,422 in FY 2023) Full year 2024 results: EPS: ₩1,049 (down from ₩1,422 in FY 2023). Revenue: ₩390.5b (down 20% from FY 2023). Net income: ₩21.0b (down 26% from FY 2023). Profit margin: 5.4% (down from 5.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% 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. Annuncio • Mar 07
JINSUNG T.E.C., Inc., Annual General Meeting, Mar 26, 2025 JINSUNG T.E.C., Inc., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 3, segyosandan-ro, gyeonggi-do, pyeongtaek South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 15 April 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.9%). In line with average of industry peers (2.0%). New Risk • Dec 08
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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Nov 23
Dividend of ₩200 announced Shareholders will receive a dividend of ₩200. Ex-date: 27th December 2024 Payment date: 15th April 2025 Dividend yield will be 2.1%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has remained flat since 6 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 72% to shift the payout ratio to a potentially unsustainable range, which is more than the 10% EPS decline seen over the last 5 years. New Risk • Sep 17
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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩7,830, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total loss to shareholders of 35% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩300 per share at 2.7% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 20% 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 (2.3%). New Risk • Nov 21
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: 5.7% Last year net profit margin: 8.6% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (5.7% net profit margin). Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩11,830, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 15x in the Machinery industry in South Korea. Total returns to shareholders of 86% over the past three years. New Risk • Jul 26
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 8.4% 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 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 (8.4% average weekly change). Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩15,380, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 18x in the Machinery industry in South Korea. Total returns to shareholders of 126% over the past three years. Buying Opportunity • Apr 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be ₩12,815, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 7.0% in the next 2 years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 8.9% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.1%). Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 15% share price gain to ₩14,550, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 9x in the Machinery industry in South Korea. Total returns to shareholders of 124% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: ₩1,070 (vs ₩123 in 3Q 2021) Third quarter 2022 results: EPS: ₩1,070 (up from ₩123 in 3Q 2021). Revenue: ₩141.6b (up 38% from 3Q 2021). Net income: ₩21.4b (up ₩18.9b from 3Q 2021). Profit margin: 15% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: ₩1,070 (vs ₩123 in 3Q 2021) Third quarter 2022 results: EPS: ₩1,070 (up from ₩123 in 3Q 2021). Revenue: ₩141.6b (up 38% from 3Q 2021). Net income: ₩21.4b (up ₩18.9b from 3Q 2021). Profit margin: 15% (up from 2.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Machinery industry in South Korea. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 17% per year. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improved over the past week After last week's 18% share price gain to ₩10,800, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Machinery industry in South Korea. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩8,470, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 10x in the Machinery industry in South Korea. Total returns to shareholders of 24% over the past three years. Price Target Changed • Apr 27
Price target decreased to ₩17,500 Down from ₩19,000, the current price target is an average from 2 analysts. New target price is 58% above last closing price of ₩11,050. Stock is down 32% over the past year. The company is forecast to post earnings per share of ₩1,261 for next year compared to ₩856 last year. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improved over the past week After last week's 17% share price gain to ₩11,800, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Machinery industry in South Korea. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩11,461 per share. Upcoming Dividend • Dec 22
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 15 April 2022. Payout ratio is a comfortable 26% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.8%). Major Estimate Revision • Aug 19
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from ₩416.2m to ₩422.0m. EPS estimate fell from ₩1,066 to ₩959 per share. Net income forecast to grow 61% next year vs 36% growth forecast for Machinery industry in South Korea. Consensus price target of ₩19,000 unchanged from last update. Share price fell 3.5% to ₩13,700 over the past week. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₩15,500, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Machinery industry in South Korea. Total returns to shareholders of 64% over the past three years. Is New 90 Day High Low • Mar 15
New 90-day high: ₩13,350 The company is up 21% from a price of ₩11,000 on 15 December 2020. Outperformed the South Korean market which is up 9.0% over the last 90 days. Exceeded the Machinery industry, which is up 4.0% over the same period. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 19% share price gain to ₩12,900, the stock is trading at a trailing P/E ratio of 18.5x, up from the previous P/E ratio of 15.6x. This compares to an average P/E of 22x in the Machinery industry in South Korea. Total returns to shareholders over the past three years are 23%. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩10,700, the stock is trading at a trailing P/E ratio of 15.4x, down from the previous P/E ratio of 18.1x. This compares to an average P/E of 26x in the Machinery industry in South Korea. Total return to shareholders over the past three years is a loss of 17%. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₩12,500, the stock is trading at a trailing P/E ratio of 18x, up from the previous P/E ratio of 15.2x. This compares to an average P/E of 22x in the Machinery industry in South Korea. Total returns to shareholders over the past three years are 17%. Is New 90 Day High Low • Dec 24
New 90-day high: ₩12,300 The company is up 25% from its price of ₩9,860 on 25 September 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩2,988 per share. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩200 Per Share Will be paid on the 16th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.9% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (2.8%).