Reported Earnings • Mar 14
Full year 2025 earnings released: EPS: ₩5,302 (vs ₩6,243 in FY 2024) Full year 2025 results: EPS: ₩5,302 (down from ₩6,243 in FY 2024). Revenue: ₩317.3b (down 2.7% from FY 2024). Net income: ₩56.0b (down 15% from FY 2024). Profit margin: 18% (down from 20% in FY 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 12
Ace Bed Company Limited, Annual General Meeting, Mar 24, 2026 Ace Bed Company Limited, Annual General Meeting, Mar 24, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 55-35, sanggok-ro, samseong-myeon, eumseong-gun, chungcheongbuk-do, South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩1,450 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 20 April 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 4.6%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.9%). Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: ₩1,123 (vs ₩1,006 in 3Q 2024) Third quarter 2025 results: EPS: ₩1,123 (up from ₩1,006 in 3Q 2024). Revenue: ₩79.9b (up 3.2% from 3Q 2024). Net income: ₩11.9b (up 12% from 3Q 2024). Profit margin: 15% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 08
Dividend of ₩1,450 announced Dividend of ₩1,450 is the same as last year. Ex-date: 29th December 2025 Payment date: 20th April 2026 Dividend yield will be 5.3%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (24% earnings payout ratio) and cash flows (36% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 7.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Nov 07
Ace Bed Company Limited announces Annual dividend, payable on April 20, 2026 Ace Bed Company Limited announced Annual dividend of KRW 1450.0000 per share payable on April 20, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: ₩2,152 (vs ₩2,063 in 2Q 2024) Second quarter 2025 results: EPS: ₩2,152 (up from ₩2,063 in 2Q 2024). Revenue: ₩76.5b (down 2.4% from 2Q 2024). Net income: ₩22.7b (up 4.3% from 2Q 2024). Profit margin: 30% (up from 28% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • May 19
First quarter 2025 earnings released: EPS: ₩901 (vs ₩1,313 in 1Q 2024) First quarter 2025 results: EPS: ₩901 (down from ₩1,313 in 1Q 2024). Revenue: ₩81.4b (down 2.8% from 1Q 2024). Net income: ₩9.51b (down 31% from 1Q 2024). Profit margin: 12% (down from 17% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 11
Full year 2024 earnings released: EPS: ₩6,243 (vs ₩4,871 in FY 2023) Full year 2024 results: EPS: ₩6,243 (up from ₩4,871 in FY 2023). Revenue: ₩326.0b (up 6.4% from FY 2023). Net income: ₩65.9b (up 28% from FY 2023). Profit margin: 20% (up from 17% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Annuncio • Feb 04
Ace Bed Company Limited, Annual General Meeting, Mar 20, 2025 Ace Bed Company Limited, Annual General Meeting, Mar 20, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 55-35, sanggok-ro, samseong-myeon, eumseong-gun, chungcheongbuk-do, South Korea Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ₩1,006 (vs ₩1,080 in 3Q 2023) Third quarter 2024 results: EPS: ₩1,006 (down from ₩1,080 in 3Q 2023). Revenue: ₩77.4b (down 1.4% from 3Q 2023). Net income: ₩10.6b (down 6.8% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: ₩2,063 (vs ₩1,332 in 2Q 2023) Second quarter 2024 results: EPS: ₩2,063 (up from ₩1,332 in 2Q 2023). Revenue: ₩78.3b (up 7.2% from 2Q 2023). Net income: ₩21.8b (up 55% from 2Q 2023). Profit margin: 28% (up from 19% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: ₩1,313 (vs ₩911 in 1Q 2023) First quarter 2024 results: EPS: ₩1,313 (up from ₩911 in 1Q 2023). Revenue: ₩83.7b (up 18% from 1Q 2023). Net income: ₩13.9b (up 44% from 1Q 2023). Profit margin: 17% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings. Reported Earnings • Mar 09
Full year 2023 earnings released: EPS: ₩4,871 (vs ₩5,293 in FY 2022) Full year 2023 results: EPS: ₩4,871 (down from ₩5,293 in FY 2022). Revenue: ₩306.4b (down 12% from FY 2022). Net income: ₩51.4b (down 5.5% from FY 2022). Profit margin: 17% (up from 16% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩1,330 per share at 5.0% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. Payout ratio is a comfortable 29% but the company is not cash flow positive. Trailing yield: 5.0%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.4%). Reported Earnings • May 20
First quarter 2023 earnings released: EPS: ₩911 (vs ₩1,239 in 1Q 2022) First quarter 2023 results: EPS: ₩911 (down from ₩1,239 in 1Q 2022). Revenue: ₩71.1b (down 21% from 1Q 2022). Net income: ₩9.62b (down 24% from 1Q 2022). Profit margin: 14% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 10
Full year 2022 earnings released: EPS: ₩5,293 (vs ₩6,231 in FY 2021) Full year 2022 results: EPS: ₩5,293 (down from ₩6,231 in FY 2021). Revenue: ₩346.2b (flat on FY 2021). Net income: ₩54.4b (down 15% from FY 2021). Profit margin: 16% (down from 18% in FY 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 21
Upcoming dividend of ₩1,330 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 07 April 2023. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.2%). 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. 4 experienced directors. No highly experienced directors. 1 independent director (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 • Oct 21
Investor sentiment improved over the past week After last week's 15% share price gain to ₩39,300, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 9x in the Consumer Durables industry in South Korea. Total returns to shareholders of 26% 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. 4 experienced directors. No highly experienced directors. 1 independent director (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. Reported Earnings • Mar 13
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₩6,231 (up from ₩4,811 in FY 2020). Revenue: ₩346.4b (up 20% from FY 2020). Net income: ₩63.9b (up 30% from FY 2020). Profit margin: 18% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Upcoming Dividend • Dec 22
Upcoming dividend of ₩1,100 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 07 April 2022. Payout ratio is a comfortable 17% but the company is paying out more than the cash it is generating. Trailing yield: 2.6%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.1%). Reported Earnings • Nov 18
Third quarter 2021 earnings released: EPS ₩1,299 (vs ₩857 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩82.6b (up 11% from 3Q 2020). Net income: ₩13.3b (up 51% from 3Q 2020). Profit margin: 16% (up from 12% in 3Q 2020). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment improved over the past week After last week's 33% share price gain to ₩65,100, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 16x in the Consumer Durables industry in South Korea. Total returns to shareholders of 162% over the past three years. Reported Earnings • May 19
First quarter 2021 earnings released: EPS ₩1,257 (vs ₩564 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩80.9b (up 22% from 1Q 2020). Net income: ₩12.9b (up 123% from 1Q 2020). Profit margin: 16% (up from 8.7% in 1Q 2020). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Feb 23
New 90-day high: ₩41,400 The company is up 1.0% from its price of ₩41,000 on 25 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 48% over the same period. Annuncio • Feb 05
Ace Bed Company Limited, Annual General Meeting, Mar 24, 2021 Ace Bed Company Limited, Annual General Meeting, Mar 24, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Jan 19
New 90-day low: ₩38,050 The company is down 5.0% from its price of ₩40,200 on 21 October 2020. The South Korean market is up 26% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 29% over the same period. Is New 90 Day High Low • Dec 29
New 90-day low: ₩38,350 The company is down 10.0% from its price of ₩42,800 on 29 September 2020. The South Korean market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 17% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩1,100 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 2.8% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (1.1%). Is New 90 Day High Low • Dec 08
New 90-day low: ₩39,150 The company is down 3.0% from its price of ₩40,250 on 09 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 Consumer Durables industry, which is flat over the same period.