View Future GrowthShinWon 過去の業績過去 基準チェック /16ShinWonの収益は年間平均-34.8%の割合で減少していますが、 Luxury業界の収益は年間 減少しています。収益は年間1.7% 5.1%割合で 増加しています。 ShinWonの自己資本利益率は0.7%であり、純利益率は0.04%です。主要情報-34.83%収益成長率-34.97%EPS成長率Luxury 業界の成長21.63%収益成長率5.14%株主資本利益率0.65%ネット・マージン0.037%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Mar 22Full year 2022 earnings released: EPS: ₩224 (vs ₩165 in FY 2021)Full year 2022 results: EPS: ₩224 (up from ₩165 in FY 2021). Revenue: ₩995.4b (up 13% from FY 2021). Net income: ₩18.1b (up 49% from FY 2021). Profit margin: 1.8% (up from 1.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19First quarter 2021 earnings released: EPS ₩69.00 (vs ₩2.00 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩187.8b (up 7.5% from 1Q 2020). Net income: ₩4.91b (up ₩5.04b from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesお知らせ • Feb 28ShinWon Corporation, Annual General Meeting, Mar 27, 2026ShinWon Corporation, Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 328, dongmak-ro, mapo-gu, seoul South KoreaNew Risk • Jan 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 6.9% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₩128.6b market cap, or US$87.2m).Upcoming Dividend • Dec 22Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 20 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.5%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.4%).New Risk • Nov 24New major risk - Revenue and earnings growthEarnings have declined by 7.0% 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 (0.9x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 7.0% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩121.9b market cap, or US$82.9m).Declared Dividend • Nov 08Dividend of ₩70.00 announcedDividend of ₩70.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 20th April 2026 Dividend yield will be 5.0%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 8.8% per year over the past 4 years. However, payments have been volatile during that time.お知らせ • Nov 07ShinWon Corporation announces Annual dividend, payable on April 20, 2026ShinWon Corporation announced Annual dividend of KRW 70.0000 per share payable on April 20, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.分析記事 • Oct 21The Return Trends At ShinWon (KRX:009270) Look PromisingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...New Risk • Oct 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩138.9b (US$97.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (₩138.9b market cap, or US$97.8m).New Risk • Jul 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩134.2b (US$96.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 376% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (₩134.2b market cap, or US$96.9m).New Risk • May 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.1% Last year net profit margin: 0.4% 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: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 375% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (₩126.3b market cap, or US$91.5m).Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩1,780, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 11% over the past three years.分析記事 • Apr 16ShinWon Corporation's (KRX:009270) Share Price Not Quite Adding UpWith a price-to-earnings (or "P/E") ratio of 17.7x ShinWon Corporation ( KRX:009270 ) may be sending very bearish...お知らせ • Feb 28ShinWon Corporation, Annual General Meeting, Mar 28, 2025ShinWon Corporation, Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 328, dongmak-ro, mapo-gu, seoul South Korea分析記事 • Feb 04Returns On Capital Are Showing Encouraging Signs At ShinWon (KRX:009270)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Upcoming Dividend • Dec 20Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.6%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (3.0%).分析記事 • Dec 13ShinWon Corporation's (KRX:009270) Shares Climb 31% But Its Business Is Yet to Catch UpThe ShinWon Corporation ( KRX:009270 ) share price has done very well over the last month, posting an excellent gain of...分析記事 • Nov 27These 4 Measures Indicate That ShinWon (KRX:009270) Is Using Debt In A Risky WayWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...New Risk • Sep 17New major risk - Financial data availabilityThe 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 (₩89.8b market cap, or US$68.2m).Upcoming Dividend • Dec 20Upcoming dividend of ₩100.00 per share at 7.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 18 April 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.3%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).New Risk • Sep 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 2.1% 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: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩100.3b market cap, or US$75.0m).New Risk • Aug 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 98% The company is paying a dividend despite having no free cash flows. Dividend yield: 7.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩100.1b market cap, or US$75.7m).Reported Earnings • Mar 22Full year 2022 earnings released: EPS: ₩224 (vs ₩165 in FY 2021)Full year 2022 results: EPS: ₩224 (up from ₩165 in FY 2021). Revenue: ₩995.4b (up 13% from FY 2021). Net income: ₩18.1b (up 49% from FY 2021). Profit margin: 1.8% (up from 1.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 15% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.1%).Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩2,765, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 11x in the Luxury industry in South Korea. Total returns to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • Nov 22Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₩2,655, the stock trades at a trailing P/E ratio of 65.1x. Average trailing P/E is 14x in the Luxury industry in South Korea. Total returns to shareholders of 44% over the past three years.Valuation Update With 7 Day Price Move • Oct 08Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₩2,735, the stock trades at a trailing P/E ratio of 62.8x. Average trailing P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 37% over the past three years.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₩2,865, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 17% over the past three years.Reported Earnings • May 19First quarter 2021 earnings released: EPS ₩69.00 (vs ₩2.00 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩187.8b (up 7.5% from 1Q 2020). Net income: ₩4.91b (up ₩5.04b from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.分析記事 • Feb 16ShinWon (KRX:009270) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Jan 12Can ShinWon (KRX:009270) Turn Things Around?What financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...Is New 90 Day High Low • Jan 08New 90-day high: ₩1,500The company is up 6.0% from its price of ₩1,420 on 08 October 2020. The South Korean market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 10.0% over the same period.Is New 90 Day High Low • Dec 18New 90-day high: ₩1,490The company is up 1.0% from its price of ₩1,480 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 Luxury industry, which is up 8.0% over the same period.分析記事 • Dec 08ShinWon (KRX:009270) Share Prices Have Dropped 31% In The Last Three YearsAs an investor its worth striving to ensure your overall portfolio beats the market average. But in any portfolio...Is New 90 Day High Low • Oct 26New 90-day low: ₩1,305The company is down 21% from its price of ₩1,645 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 14% over the same period.Is New 90 Day High Low • Sep 22New 90-day low: ₩1,395The company is down 14% from its price of ₩1,615 on 24 June 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 5.0% over the same period.収支内訳ShinWon の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史KOSE:A009270 収益、費用、利益 ( )KRW Millions日付収益収益G+A経費研究開発費31 Mar 261,113,537411218,50324531 Dec 251,092,254-2,607215,88722030 Sep 251,059,167-2,304211,57717530 Jun 251,045,500-1,660210,46740631 Mar 25983,6721,407204,94542931 Dec 24939,5376,306201,49140130 Sep 24889,566-1,851198,60343330 Jun 24855,0212,477195,23146131 Mar 24853,9743,274195,08444831 Dec 23834,4785,927190,62045630 Sep 23876,1894,342188,96242030 Jun 23886,7028,193189,26440931 Mar 23920,63616,609189,84344631 Dec 22995,44018,105195,81444730 Sep 221,008,01326,900195,78444430 Jun 221,002,89321,446189,86619031 Mar 22962,38214,952179,86942131 Dec 21879,41812,133165,35943630 Sep 21793,2163,300152,87442430 Jun 21749,6453,076144,56041331 Mar 21707,354-2,582139,35534931 Dec 20694,297-7,627138,77534730 Sep 20691,145-3,589143,66839630 Jun 20665,046-4,325148,63445331 Mar 20671,241817153,50630331 Dec 19674,8681,428156,06833730 Sep 19696,2258,047158,02036330 Jun 19684,5493,014156,78433331 Mar 19649,725-2,225157,51335731 Dec 18621,491-5,845160,92233630 Sep 18605,111-15,272165,84331830 Jun 18626,891-9,609171,08731931 Mar 18636,883-10,167176,51325131 Dec 17639,931-9,526179,88326430 Sep 17640,979-2,773183,79125730 Jun 17624,511-2,329181,22621131 Mar 17632,5173,860180,90418931 Dec 16640,056-5,801181,42713630 Sep 16648,861-4,529180,6237730 Jun 16663,346-3,102183,07312431 Mar 16653,758-3,482182,21610731 Dec 15639,4336,645180,30912830 Sep 15643,2165,500176,27013630 Jun 15627,7161,145172,926113質の高い収益: A009270には₩1.5B } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。利益率の向上: A009270の現在の純利益率 (0.04%)は、昨年(0.1%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: A009270過去 5 年間で収益を上げており、収益は年間-34.8%増加しています。成長の加速: A009270は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: A009270は過去 1 年間で収益成長率がマイナス ( -70.8% ) となったため、 Luxury業界平均 ( 19.3% ) と比較することが困難です。株主資本利益率高いROE: A009270の 自己資本利益率 ( 0.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-durables 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/07 00:39終値2026/06/05 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ShinWon Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Sanghwa HanYuanta Securities Korea Co., Ltd.
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: ₩224 (vs ₩165 in FY 2021)Full year 2022 results: EPS: ₩224 (up from ₩165 in FY 2021). Revenue: ₩995.4b (up 13% from FY 2021). Net income: ₩18.1b (up 49% from FY 2021). Profit margin: 1.8% (up from 1.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19First quarter 2021 earnings released: EPS ₩69.00 (vs ₩2.00 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩187.8b (up 7.5% from 1Q 2020). Net income: ₩4.91b (up ₩5.04b from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • Feb 28ShinWon Corporation, Annual General Meeting, Mar 27, 2026ShinWon Corporation, Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 328, dongmak-ro, mapo-gu, seoul South Korea
New Risk • Jan 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 6.9% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (₩128.6b market cap, or US$87.2m).
Upcoming Dividend • Dec 22Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 20 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.5%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.4%).
New Risk • Nov 24New major risk - Revenue and earnings growthEarnings have declined by 7.0% 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 (0.9x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 7.0% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩121.9b market cap, or US$82.9m).
Declared Dividend • Nov 08Dividend of ₩70.00 announcedDividend of ₩70.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 20th April 2026 Dividend yield will be 5.0%, which is higher than the industry average of 2.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 8.8% per year over the past 4 years. However, payments have been volatile during that time.
お知らせ • Nov 07ShinWon Corporation announces Annual dividend, payable on April 20, 2026ShinWon Corporation announced Annual dividend of KRW 70.0000 per share payable on April 20, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
分析記事 • Oct 21The Return Trends At ShinWon (KRX:009270) Look PromisingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
New Risk • Oct 10New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩138.9b (US$97.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (₩138.9b market cap, or US$97.8m).
New Risk • Jul 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩134.2b (US$96.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 376% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (₩134.2b market cap, or US$96.9m).
New Risk • May 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.1% Last year net profit margin: 0.4% 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: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 375% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (₩126.3b market cap, or US$91.5m).
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩1,780, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 7x in the Luxury industry in South Korea. Total returns to shareholders of 11% over the past three years.
分析記事 • Apr 16ShinWon Corporation's (KRX:009270) Share Price Not Quite Adding UpWith a price-to-earnings (or "P/E") ratio of 17.7x ShinWon Corporation ( KRX:009270 ) may be sending very bearish...
お知らせ • Feb 28ShinWon Corporation, Annual General Meeting, Mar 28, 2025ShinWon Corporation, Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 328, dongmak-ro, mapo-gu, seoul South Korea
分析記事 • Feb 04Returns On Capital Are Showing Encouraging Signs At ShinWon (KRX:009270)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Upcoming Dividend • Dec 20Upcoming dividend of ₩70.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 4.6%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (3.0%).
分析記事 • Dec 13ShinWon Corporation's (KRX:009270) Shares Climb 31% But Its Business Is Yet to Catch UpThe ShinWon Corporation ( KRX:009270 ) share price has done very well over the last month, posting an excellent gain of...
分析記事 • Nov 27These 4 Measures Indicate That ShinWon (KRX:009270) Is Using Debt In A Risky WayWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
New Risk • Sep 17New major risk - Financial data availabilityThe 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 (₩89.8b market cap, or US$68.2m).
Upcoming Dividend • Dec 20Upcoming dividend of ₩100.00 per share at 7.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 18 April 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.3%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).
New Risk • Sep 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 2.1% 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: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩100.3b market cap, or US$75.0m).
New Risk • Aug 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 98% The company is paying a dividend despite having no free cash flows. Dividend yield: 7.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩100.1b market cap, or US$75.7m).
Reported Earnings • Mar 22Full year 2022 earnings released: EPS: ₩224 (vs ₩165 in FY 2021)Full year 2022 results: EPS: ₩224 (up from ₩165 in FY 2021). Revenue: ₩995.4b (up 13% from FY 2021). Net income: ₩18.1b (up 49% from FY 2021). Profit margin: 1.8% (up from 1.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of ₩50.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 15% but the company is paying out more than the cash it is generating. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.1%).
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩2,765, the stock trades at a trailing P/E ratio of 67.8x. Average trailing P/E is 11x in the Luxury industry in South Korea. Total returns to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ₩2,655, the stock trades at a trailing P/E ratio of 65.1x. Average trailing P/E is 14x in the Luxury industry in South Korea. Total returns to shareholders of 44% over the past three years.
Valuation Update With 7 Day Price Move • Oct 08Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₩2,735, the stock trades at a trailing P/E ratio of 62.8x. Average trailing P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 37% over the past three years.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₩2,865, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 12x in the Luxury industry in South Korea. Total returns to shareholders of 17% over the past three years.
Reported Earnings • May 19First quarter 2021 earnings released: EPS ₩69.00 (vs ₩2.00 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩187.8b (up 7.5% from 1Q 2020). Net income: ₩4.91b (up ₩5.04b from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
分析記事 • Feb 16ShinWon (KRX:009270) Seems To Be Using A Lot Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Jan 12Can ShinWon (KRX:009270) Turn Things Around?What financial metrics can indicate to us that a company is maturing or even in decline? When we see a declining return...
Is New 90 Day High Low • Jan 08New 90-day high: ₩1,500The company is up 6.0% from its price of ₩1,420 on 08 October 2020. The South Korean market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 10.0% over the same period.
Is New 90 Day High Low • Dec 18New 90-day high: ₩1,490The company is up 1.0% from its price of ₩1,480 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 Luxury industry, which is up 8.0% over the same period.
分析記事 • Dec 08ShinWon (KRX:009270) Share Prices Have Dropped 31% In The Last Three YearsAs an investor its worth striving to ensure your overall portfolio beats the market average. But in any portfolio...
Is New 90 Day High Low • Oct 26New 90-day low: ₩1,305The company is down 21% from its price of ₩1,645 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 14% over the same period.
Is New 90 Day High Low • Sep 22New 90-day low: ₩1,395The company is down 14% from its price of ₩1,615 on 24 June 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 5.0% over the same period.