View Future GrowthZinus 過去の業績過去 基準チェック /06Zinusの収益は年間平均-43.5%の割合で減少していますが、 Consumer Durables業界の収益は年間 増加しています。収益は年間3.7% 5.2%割合で 減少しています。主要情報-43.51%収益成長率-44.79%EPS成長率Consumer Durables 業界の成長8.99%収益成長率-5.19%株主資本利益率-9.20%ネット・マージン-7.47%前回の決算情報31 Mar 2026最近の業績更新お知らせ • Apr 25Zinus, Inc to Report Q1, 2026 Results on May 06, 2026Zinus, Inc announced that they will report Q1, 2026 results on May 06, 2026Reported Earnings • Mar 18Full year 2025 earnings released: ₩844 loss per share (vs ₩310 loss in FY 2024)Full year 2025 results: ₩844 loss per share (further deteriorated from ₩310 loss in FY 2024). Revenue: ₩913.2b (flat on FY 2024). Net loss: ₩18.5b (loss widened 172% from FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Consumer Durables industry in South Korea. 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 21% per year, which means it is performing significantly worse than earnings.分析記事 • Nov 24We Think Zinus' (KRX:013890) Robust Earnings Are ConservativeInvestors were underwhelmed by the solid earnings posted by Zinus, Inc ( KRX:013890 ) recently. Our analysis says that...お知らせ • Apr 17Zinus, Inc to Report Q1, 2025 Results on May 08, 2025Zinus, Inc announced that they will report Q1, 2025 results on May 08, 2025お知らせ • Feb 05Zinus, Inc to Report Fiscal Year 2024 Results on Feb 05, 2025Zinus, Inc announced that they will report fiscal year 2024 results on Feb 05, 2025分析記事 • Mar 20We Think That There Are More Issues For Zinus (KRX:013890) Than Just Sluggish EarningsThe subdued market reaction suggests that Zinus, Inc's ( KRX:013890 ) recent earnings didn't contain any surprises. Our...すべての更新を表示Recent updatesお知らせ • Apr 25Zinus, Inc to Report Q1, 2026 Results on May 06, 2026Zinus, Inc announced that they will report Q1, 2026 results on May 06, 2026Reported Earnings • Mar 18Full year 2025 earnings released: ₩844 loss per share (vs ₩310 loss in FY 2024)Full year 2025 results: ₩844 loss per share (further deteriorated from ₩310 loss in FY 2024). Revenue: ₩913.2b (flat on FY 2024). Net loss: ₩18.5b (loss widened 172% from FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Consumer Durables industry in South Korea. 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 21% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩11,020, the stock trades at a trailing P/E ratio of 6.7x. Average forward P/E is 16x in the Consumer Durables industry in South Korea. Total loss to shareholders of 55% over the past three years.お知らせ • Feb 24Zinus, Inc, Annual General Meeting, Mar 23, 2026Zinus, Inc, Annual General Meeting, Mar 23, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 9, yatap-ro 75beon-gil, bundang-gu, gyeonggi-do, seongnam South KoreaDeclared Dividend • Feb 08Dividend of ₩90.00 announcedDividend of ₩90.00 is the same as last year. Ex-date: 2nd April 2026 Payment date: 1st January 1970 Dividend yield will be 0.7%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (5% earnings payout ratio) and cash flows (2% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 94% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years.お知らせ • Feb 07Zinus, Inc announces Annual dividendZinus, Inc announced Annual dividend of KRW 90.0000 per share, ex-date on April 02, 2026 and record date on April 03, 2026.分析記事 • Dec 22Investors Could Be Concerned With Zinus' (KRX:013890) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...分析記事 • Nov 24We Think Zinus' (KRX:013890) Robust Earnings Are ConservativeInvestors were underwhelmed by the solid earnings posted by Zinus, Inc ( KRX:013890 ) recently. Our analysis says that...New Risk • Nov 01New major risk - Revenue and earnings growthEarnings have declined by 41% 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. This is currently the only risk that has been identified for the company.分析記事 • Oct 22We Think Zinus (KRX:013890) Can Stay On Top Of Its 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 • Aug 11Potential Upside For Zinus, Inc (KRX:013890) Not Without RiskKOSE:A013890 1 Year Share Price vs Fair Value Explore Zinus's Fair Values from the Community and select yours It's not...お知らせ • Apr 17Zinus, Inc to Report Q1, 2025 Results on May 08, 2025Zinus, Inc announced that they will report Q1, 2025 results on May 08, 2025分析記事 • Apr 03Zinus (KRX:013890) Is Making Moderate Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Price Target Changed • Apr 03Price target increased by 7.1% to ₩27,273Up from ₩25,455, the current price target is provided by 1 analyst. New target price is 53% above last closing price of ₩17,820. Stock is up 38% over the past year. The company is forecast to post earnings per share of ₩1,755 next year compared to a net loss per share of ₩310 last year.New Risk • Apr 02New major risk - Revenue and earnings growthEarnings have declined by 52% 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 Risk Earnings have declined by 52% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).Upcoming Dividend • Mar 26Upcoming dividend of ₩90.00 per shareEligible shareholders must have bought the stock before 02 April 2025. Payment date: 18 April 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (2.8%).お知らせ • Feb 20Zinus, Inc, Annual General Meeting, Mar 20, 2025Zinus, Inc, Annual General Meeting, Mar 20, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 12, yanghyeon-ro 405beon-gil, jungwon-gu, gyeonggi-do, seongnam South Korea分析記事 • Feb 12Market Cool On Zinus, Inc's (KRX:013890) Revenues Pushing Shares 34% LowerZinus, Inc ( KRX:013890 ) shares have had a horrible month, losing 34% after a relatively good period beforehand...お知らせ • Feb 05Zinus, Inc to Report Fiscal Year 2024 Results on Feb 05, 2025Zinus, Inc announced that they will report fiscal year 2024 results on Feb 05, 2025New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.5% 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.分析記事 • Dec 23Further Upside For Zinus, Inc (KRX:013890) Shares Could Introduce Price Risks After 26% BounceZinus, Inc ( KRX:013890 ) shareholders have had their patience rewarded with a 26% share price jump in the last month...分析記事 • Nov 06The Market Lifts Zinus, Inc (KRX:013890) Shares 36% But It Can Do MoreZinus, Inc ( KRX:013890 ) shares have continued their recent momentum with a 36% gain in the last month alone. Looking...Buy Or Sell Opportunity • Nov 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 106% to ₩26,000. The fair value is estimated to be ₩21,652, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.4% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Sep 21A Piece Of The Puzzle Missing From Zinus, Inc's (KRX:013890) 30% Share Price ClimbDespite an already strong run, Zinus, Inc ( KRX:013890 ) shares have been powering on, with a gain of 30% in the last...分析記事 • Aug 28Is Now An Opportune Moment To Examine Zinus, Inc (KRX:013890)?While Zinus, Inc ( KRX:013890 ) might not have the largest market cap around , it led the KOSE gainers with a...Major Estimate Revision • Aug 10Consensus estimates of losses per share improve by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩892.0m to ₩920.0m. EPS estimate increased from -₩1,224 per share to -₩773 per share. Consumer Durables industry in South Korea expected to see average net income growth of 18% next year. Consensus price target up from ₩15,000 to ₩19,000. Share price rose 6.9% to ₩15,380 over the past week.Buy Or Sell Opportunity • Aug 10Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to ₩15,380. The fair value is estimated to be ₩12,367, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 6.8% in a year. Earnings are forecast to grow by 52% in the next year.Price Target Changed • Aug 09Price target increased by 23% to ₩19,000Up from ₩15,500, the current price target is an average from 2 analysts. New target price is 24% above last closing price of ₩15,380. Stock is down 42% over the past year. The company is forecast to post a net loss per share of ₩773 compared to earnings per share of ₩263 last year.分析記事 • Aug 07Why Investors Shouldn't Be Surprised By Zinus, Inc's (KRX:013890) P/SThere wouldn't be many who think Zinus, Inc's ( KRX:013890 ) price-to-sales (or "P/S") ratio of 0.3x is worth a mention...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.New Risk • Jun 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.5% 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.Major Estimate Revision • Jun 25Consensus EPS estimates fall by 154%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩481 to -₩1,224 per share. Revenue forecast unchanged at ₩892.0m. Consumer Durables industry in South Korea expected to see average net income growth of 19% next year. Consensus price target down from ₩15,500 to ₩15,000. Share price fell 4.1% to ₩13,540 over the past week.Price Target Changed • Jun 06Price target decreased by 16% to ₩15,500Down from ₩18,409, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₩15,040. Stock is down 45% over the past year. The company is forecast to post a net loss per share of ₩481 compared to earnings per share of ₩263 last year.分析記事 • May 27Does Zinus (KRX:013890) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Apr 18Zinus, Inc (KRX:013890) Not Flying Under The RadarIt's not a stretch to say that Zinus, Inc's ( KRX:013890 ) price-to-sales (or "P/S") ratio of 0.3x right now seems...Major Estimate Revision • Mar 29Consensus EPS estimates increase by 22%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩999.0m to ₩980.0m. EPS estimate rose from ₩1,539 to ₩1,875. Net income forecast to grow 617% next year vs 21% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩19,000 unchanged from last update. Share price rose 2.9% to ₩13,760 over the past week.分析記事 • Mar 20We Think That There Are More Issues For Zinus (KRX:013890) Than Just Sluggish EarningsThe subdued market reaction suggests that Zinus, Inc's ( KRX:013890 ) recent earnings didn't contain any surprises. Our...Reported Earnings • Mar 15Full year 2023 earnings released: EPS: ₩263 (vs ₩1,507 in FY 2022)Full year 2023 results: EPS: ₩263 (down from ₩1,507 in FY 2022). Revenue: ₩952.3b (down 18% from FY 2022). Net income: ₩5.30b (down 82% from FY 2022). Profit margin: 0.6% (down from 2.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 45% per year whereas the company’s share price has fallen by 42% per year.New Risk • Mar 15New major risk - Revenue and earnings growthEarnings have declined by 32% 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 Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).Upcoming Dividend • Dec 20Upcoming dividend of ₩482 per share at 3.0% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.0%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.4%).お知らせ • Dec 15Zinus, Inc(KOSE:A013890) dropped from KOSPI 200 IndexZinus, Inc has been removed from KOSPI 200 Index .Major Estimate Revision • Nov 01Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.08b to ₩969.0m. EPS estimate fell from ₩2,618 to ₩885 per share. Net income forecast to grow 21% next year vs 20% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩28,000 to ₩13,000. Share price fell 8.9% to ₩18,020 over the past week.Buying Opportunity • Aug 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be ₩33,007, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 34%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 335% in the next 2 years.Major Estimate Revision • Aug 08Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.12b to ₩1.08b. EPS estimate also fell from ₩2,994 per share to ₩2,618 per share. Net income forecast to grow 221% next year vs 26% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩49,500 to ₩44,000. Share price was steady at ₩26,400 over the past week.Buying Opportunity • Jun 15Now 20% undervaluedOver the last 90 days, the stock is up 1.0%. The fair value is estimated to be ₩36,924, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 34%. Revenue is forecast to grow by 29% in 2 years. Earnings is forecast to grow by 392% in the next 2 years.Buying Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.1%. The fair value is estimated to be ₩37,889, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 34%. Revenue is forecast to grow by 29% in 2 years. Earnings is forecast to grow by 392% in the next 2 years.Major Estimate Revision • May 09Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.26b to ₩1.12b. EPS estimate fell from ₩3,422 to ₩2,994 per share. Net income forecast to grow 74% next year vs 24% growth forecast for Consumer Durables industry in South Korea. Consensus price target up from ₩48,000 to ₩49,500. Share price rose 2.1% to ₩29,700 over the past week.Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₩1,658 (down from ₩3,066 in FY 2021). Revenue: ₩1.16t (up 3.2% from FY 2021). Net income: ₩29.4b (down 43% from FY 2021). Profit margin: 2.5% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Feb 09Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.40b to ₩1.26b. EPS estimate fell from ₩4,855 to ₩3,551 per share. Net income forecast to grow 41% next year vs 45% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩65,000 to ₩55,000. Share price fell 13% to ₩33,950 over the past week.Upcoming Dividend • Dec 21Upcoming dividend of ₩773 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.2%).Price Target Changed • Nov 18Price target decreased to ₩68,500Down from ₩93,000, the current price target is an average from 2 analysts. New target price is 94% above last closing price of ₩35,350. Stock is down 59% over the past year. The company is forecast to post earnings per share of ₩3,353 for next year compared to ₩3,372 last year.Major Estimate Revision • Oct 19Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩1.23b to ₩1.20b. EPS estimate also fell from ₩4,931 per share to ₩3,458 per share. Net income forecast to grow 80% next year vs 37% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩93,000 to ₩88,500. Share price was steady at ₩32,150 over the past week.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩52,200, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Consumer Durables industry in South Korea. Total loss to shareholders of 45% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩66,982 per share.Buying Opportunity • Jun 15Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be ₩67,562, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last year, while earnings per share has been flat. Revenue is forecast to grow by 42% in 2 years. Earnings is forecast to grow by 142% in the next 2 years.お知らせ • May 26+ 1 more updateZinus, Inc announced that it has received KRW 120.0000078 billion in funding from Hyundai Department Store Co. Ltd.On May 25, 2022, Zinus, Inc closed the transaction.Price Target Changed • May 24Price target decreased to ₩110,000Down from ₩125,667, the current price target is an average from 2 analysts. New target price is 85% above last closing price of ₩59,300. Stock is down 40% over the past year. The company is forecast to post earnings per share of ₩5,704 for next year compared to ₩3,372 last year.Major Estimate Revision • Mar 29Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩6,972 to ₩6,253 per share. Revenue forecast steady at ₩1.35b. Net income forecast to grow 105% next year vs 35% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩132,333 to ₩125,667. Share price fell 2.7% to ₩72,000 over the past week.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩62,800, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Consumer Durables industry in South Korea. Total loss to shareholders of 33% over the past year.Upcoming Dividend • Dec 22Upcoming dividend of ₩727 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 08 April 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.1%).Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩92,500, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Consumer Durables industry in South Korea. Total returns to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩134,355 per share.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩85,000, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Consumer Durables industry in South Korea. Total returns to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩131,344 per share.Major Estimate Revision • Aug 17Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ₩1.28b to ₩1.12b. EPS estimate unchanged at ₩6,925 per share. Net income forecast to grow 140% next year vs 35% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩133,400 unchanged from last update. Share price fell 27% to ₩77,000 over the past week.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 27% share price decline to ₩77,000, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in South Korea. Total returns to shareholders of 4.4% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩103,549 per share.Price Target Changed • Jul 13Price target increased to ₩133,400Up from ₩118,208, the current price target is an average from 5 analysts. New target price is 25% above last closing price of ₩107,000. Stock is up 36% over the past year.Major Estimate Revision • May 15Consensus EPS estimates increase to ₩7,826The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₩1.23b to ₩1.28b. EPS estimate increased from ₩6,656 to ₩7,826 per share. Net income forecast to grow 147% next year vs 26% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩120,156. Share price rose 15% to ₩97,000 over the past week.Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩95,100, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Consumer Durables industry in South Korea. Total returns to shareholders of 34% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩116,610 per share.分析記事 • Mar 21Be Wary Of Zinus (KRX:013890) And Its Returns On CapitalWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...Reported Earnings • Mar 20Full year 2020 earnings released: EPS ₩3,344 (vs ₩5,999 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩989.5b (up 21% from FY 2019). Net income: ₩45.8b (down 37% from FY 2019). Profit margin: 4.6% (down from 8.9% in FY 2019). The decrease in margin was driven by higher expenses.お知らせ • Mar 06Zinus, Inc, Annual General Meeting, Mar 25, 2021Zinus, Inc, Annual General Meeting, Mar 25, 2021, at 09:00 Korea Standard Time.分析記事 • Mar 01Did You Miss Zinus' (KRX:013890) 17% Share Price Gain?Zinus, Inc ( KRX:013890 ) shareholders might be concerned after seeing the share price drop 14% in the last quarter...Is New 90 Day High Low • Feb 24New 90-day low: ₩92,600The company is down 11% from its price of ₩103,500 on 26 November 2020. The South Korean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 46% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩209,601 per share.分析記事 • Feb 10Should Zinus, Inc (KRX:013890) Be Part Of Your Dividend Portfolio?Could Zinus, Inc ( KRX:013890 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...分析記事 • Jan 23What Kind Of Shareholders Hold The Majority In Zinus, Inc's (KRX:013890) Shares?If you want to know who really controls Zinus, Inc ( KRX:013890 ), then you'll have to look at the makeup of its share...分析記事 • Jan 08Here's Why We Don't Think Zinus's (KRX:013890) Statutory Earnings Reflect Its Underlying Earnings PotentialStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...分析記事 • Dec 24Is It Worth Considering Zinus, Inc (KRX:013890) For Its Upcoming Dividend?Readers hoping to buy Zinus, Inc ( KRX:013890 ) for its dividend will need to make their move shortly, as the stock is...分析記事 • Dec 23Here's Why Zinus (KRX:013890) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Dec 10Is Zinus, Inc's (KRX:013890) ROE Of 16% Impressive?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...分析記事 • Nov 25Here's What To Make Of Zinus' (KRX:013890) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...Valuation Update With 7 Day Price Move • Nov 24Market bids up stock over the past weekAfter last week's 16% share price gain to ₩103,000, the stock is trading at a trailing P/E ratio of 19.2x, up from the previous P/E ratio of 16.5x. This compares to an average P/E of 14x in the Consumer Durables industry in South Korea. Total returns to shareholders over the past year are 11%.Is New 90 Day High Low • Nov 20New 90-day high: ₩97,300The company is up 19% from its price of ₩81,900 on 21 August 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩144,322 per share.Is New 90 Day High Low • Oct 29New 90-day high: ₩90,900The company is up 15% from its price of ₩79,300 on 31 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩190,293 per share.収支内訳Zinus 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:A013890 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 26802,810-59,977244,3654,89431 Dec 25913,180-18,506254,5554,66330 Sep 251,010,15336,328250,9034,49030 Jun 251,041,28243,305248,5754,57331 Mar 251,018,08125,315246,7404,95731 Dec 24920,399-6,798237,4855,29330 Sep 24913,538-33,809237,3555,37630 Jun 24862,148-29,528237,9825,46631 Mar 24875,423-13,606239,3625,43731 Dec 23952,2835,297243,9025,59330 Sep 23988,5706,991250,8675,98530 Jun 231,053,29417,331255,4636,01531 Mar 231,097,92516,135247,6405,70231 Dec 221,159,60629,372239,0355,16130 Sep 221,164,22541,151227,4844,65630 Jun 221,153,09247,225213,2144,28031 Mar 221,140,33151,240213,2394,41031 Dec 211,123,84351,657215,2273,94530 Sep 211,109,92735,865245,1823,30030 Jun 211,106,51437,828248,1923,01431 Mar 211,079,53147,810233,7532,37931 Dec 20989,52545,790212,0812,30230 Sep 20930,32270,228164,7862,62330 Jun 20887,39775,183148,1404,26031 Mar 20845,25074,080142,8294,35331 Dec 19817,13872,426137,1785,42230 Sep 19734,66262,287130,2964,74130 Jun 19710,68160,813126,2063,73231 Mar 19673,14656,497118,8424,85931 Dec 18621,76443,609116,3153,52330 Sep 18604,59126,716106,4184,31630 Jun 18589,98925,527100,8694,03731 Mar 18617,23437,80295,8622,93531 Dec 17602,75545,15286,5653,53131 Dec 16341,51962,61546,4021,55131 Dec 15209,26624,70143,5152,166質の高い収益: A013890は現在利益が出ていません。利益率の向上: A013890は現在利益が出ていません。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: A013890は利益が出ておらず、過去 5 年間で損失は年間43.5%の割合で増加しています。成長の加速: A013890の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: A013890は利益が出ていないため、過去 1 年間の収益成長をConsumer Durables業界 ( -19.1% ) と比較することは困難です。株主資本利益率高いROE: A013890は現在利益が出ていないため、自己資本利益率 ( -9.2% ) はマイナスです。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2026/07/08 00:05終値2026/07/08 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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Zinus, Inc 2 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。9 アナリスト機関Yuna ChoiCLSAKyung-rae HanDaishin Securities Co. Ltd.Jin-Sung RaDAOL Investment & Securities Co., Ltd.6 その他のアナリストを表示
お知らせ • Apr 25Zinus, Inc to Report Q1, 2026 Results on May 06, 2026Zinus, Inc announced that they will report Q1, 2026 results on May 06, 2026
Reported Earnings • Mar 18Full year 2025 earnings released: ₩844 loss per share (vs ₩310 loss in FY 2024)Full year 2025 results: ₩844 loss per share (further deteriorated from ₩310 loss in FY 2024). Revenue: ₩913.2b (flat on FY 2024). Net loss: ₩18.5b (loss widened 172% from FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Consumer Durables industry in South Korea. 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 21% per year, which means it is performing significantly worse than earnings.
分析記事 • Nov 24We Think Zinus' (KRX:013890) Robust Earnings Are ConservativeInvestors were underwhelmed by the solid earnings posted by Zinus, Inc ( KRX:013890 ) recently. Our analysis says that...
お知らせ • Apr 17Zinus, Inc to Report Q1, 2025 Results on May 08, 2025Zinus, Inc announced that they will report Q1, 2025 results on May 08, 2025
お知らせ • Feb 05Zinus, Inc to Report Fiscal Year 2024 Results on Feb 05, 2025Zinus, Inc announced that they will report fiscal year 2024 results on Feb 05, 2025
分析記事 • Mar 20We Think That There Are More Issues For Zinus (KRX:013890) Than Just Sluggish EarningsThe subdued market reaction suggests that Zinus, Inc's ( KRX:013890 ) recent earnings didn't contain any surprises. Our...
お知らせ • Apr 25Zinus, Inc to Report Q1, 2026 Results on May 06, 2026Zinus, Inc announced that they will report Q1, 2026 results on May 06, 2026
Reported Earnings • Mar 18Full year 2025 earnings released: ₩844 loss per share (vs ₩310 loss in FY 2024)Full year 2025 results: ₩844 loss per share (further deteriorated from ₩310 loss in FY 2024). Revenue: ₩913.2b (flat on FY 2024). Net loss: ₩18.5b (loss widened 172% from FY 2024). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Consumer Durables industry in South Korea. 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 21% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩11,020, the stock trades at a trailing P/E ratio of 6.7x. Average forward P/E is 16x in the Consumer Durables industry in South Korea. Total loss to shareholders of 55% over the past three years.
お知らせ • Feb 24Zinus, Inc, Annual General Meeting, Mar 23, 2026Zinus, Inc, Annual General Meeting, Mar 23, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 9, yatap-ro 75beon-gil, bundang-gu, gyeonggi-do, seongnam South Korea
Declared Dividend • Feb 08Dividend of ₩90.00 announcedDividend of ₩90.00 is the same as last year. Ex-date: 2nd April 2026 Payment date: 1st January 1970 Dividend yield will be 0.7%, which is lower than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (5% earnings payout ratio) and cash flows (2% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 94% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years.
お知らせ • Feb 07Zinus, Inc announces Annual dividendZinus, Inc announced Annual dividend of KRW 90.0000 per share, ex-date on April 02, 2026 and record date on April 03, 2026.
分析記事 • Dec 22Investors Could Be Concerned With Zinus' (KRX:013890) Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
分析記事 • Nov 24We Think Zinus' (KRX:013890) Robust Earnings Are ConservativeInvestors were underwhelmed by the solid earnings posted by Zinus, Inc ( KRX:013890 ) recently. Our analysis says that...
New Risk • Nov 01New major risk - Revenue and earnings growthEarnings have declined by 41% 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. This is currently the only risk that has been identified for the company.
分析記事 • Oct 22We Think Zinus (KRX:013890) Can Stay On Top Of Its 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 • Aug 11Potential Upside For Zinus, Inc (KRX:013890) Not Without RiskKOSE:A013890 1 Year Share Price vs Fair Value Explore Zinus's Fair Values from the Community and select yours It's not...
お知らせ • Apr 17Zinus, Inc to Report Q1, 2025 Results on May 08, 2025Zinus, Inc announced that they will report Q1, 2025 results on May 08, 2025
分析記事 • Apr 03Zinus (KRX:013890) Is Making Moderate Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Price Target Changed • Apr 03Price target increased by 7.1% to ₩27,273Up from ₩25,455, the current price target is provided by 1 analyst. New target price is 53% above last closing price of ₩17,820. Stock is up 38% over the past year. The company is forecast to post earnings per share of ₩1,755 next year compared to a net loss per share of ₩310 last year.
New Risk • Apr 02New major risk - Revenue and earnings growthEarnings have declined by 52% 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 Risk Earnings have declined by 52% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).
Upcoming Dividend • Mar 26Upcoming dividend of ₩90.00 per shareEligible shareholders must have bought the stock before 02 April 2025. Payment date: 18 April 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (2.8%).
お知らせ • Feb 20Zinus, Inc, Annual General Meeting, Mar 20, 2025Zinus, Inc, Annual General Meeting, Mar 20, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 12, yanghyeon-ro 405beon-gil, jungwon-gu, gyeonggi-do, seongnam South Korea
分析記事 • Feb 12Market Cool On Zinus, Inc's (KRX:013890) Revenues Pushing Shares 34% LowerZinus, Inc ( KRX:013890 ) shares have had a horrible month, losing 34% after a relatively good period beforehand...
お知らせ • Feb 05Zinus, Inc to Report Fiscal Year 2024 Results on Feb 05, 2025Zinus, Inc announced that they will report fiscal year 2024 results on Feb 05, 2025
New Risk • Jan 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.5% 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.
分析記事 • Dec 23Further Upside For Zinus, Inc (KRX:013890) Shares Could Introduce Price Risks After 26% BounceZinus, Inc ( KRX:013890 ) shareholders have had their patience rewarded with a 26% share price jump in the last month...
分析記事 • Nov 06The Market Lifts Zinus, Inc (KRX:013890) Shares 36% But It Can Do MoreZinus, Inc ( KRX:013890 ) shares have continued their recent momentum with a 36% gain in the last month alone. Looking...
Buy Or Sell Opportunity • Nov 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 106% to ₩26,000. The fair value is estimated to be ₩21,652, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.4% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Sep 21A Piece Of The Puzzle Missing From Zinus, Inc's (KRX:013890) 30% Share Price ClimbDespite an already strong run, Zinus, Inc ( KRX:013890 ) shares have been powering on, with a gain of 30% in the last...
分析記事 • Aug 28Is Now An Opportune Moment To Examine Zinus, Inc (KRX:013890)?While Zinus, Inc ( KRX:013890 ) might not have the largest market cap around , it led the KOSE gainers with a...
Major Estimate Revision • Aug 10Consensus estimates of losses per share improve by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₩892.0m to ₩920.0m. EPS estimate increased from -₩1,224 per share to -₩773 per share. Consumer Durables industry in South Korea expected to see average net income growth of 18% next year. Consensus price target up from ₩15,000 to ₩19,000. Share price rose 6.9% to ₩15,380 over the past week.
Buy Or Sell Opportunity • Aug 10Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to ₩15,380. The fair value is estimated to be ₩12,367, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 6.8% in a year. Earnings are forecast to grow by 52% in the next year.
Price Target Changed • Aug 09Price target increased by 23% to ₩19,000Up from ₩15,500, the current price target is an average from 2 analysts. New target price is 24% above last closing price of ₩15,380. Stock is down 42% over the past year. The company is forecast to post a net loss per share of ₩773 compared to earnings per share of ₩263 last year.
分析記事 • Aug 07Why Investors Shouldn't Be Surprised By Zinus, Inc's (KRX:013890) P/SThere wouldn't be many who think Zinus, Inc's ( KRX:013890 ) price-to-sales (or "P/S") ratio of 0.3x is worth a mention...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
New Risk • Jun 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 7.5% 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.
Major Estimate Revision • Jun 25Consensus EPS estimates fall by 154%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -₩481 to -₩1,224 per share. Revenue forecast unchanged at ₩892.0m. Consumer Durables industry in South Korea expected to see average net income growth of 19% next year. Consensus price target down from ₩15,500 to ₩15,000. Share price fell 4.1% to ₩13,540 over the past week.
Price Target Changed • Jun 06Price target decreased by 16% to ₩15,500Down from ₩18,409, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₩15,040. Stock is down 45% over the past year. The company is forecast to post a net loss per share of ₩481 compared to earnings per share of ₩263 last year.
分析記事 • May 27Does Zinus (KRX:013890) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Apr 18Zinus, Inc (KRX:013890) Not Flying Under The RadarIt's not a stretch to say that Zinus, Inc's ( KRX:013890 ) price-to-sales (or "P/S") ratio of 0.3x right now seems...
Major Estimate Revision • Mar 29Consensus EPS estimates increase by 22%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from ₩999.0m to ₩980.0m. EPS estimate rose from ₩1,539 to ₩1,875. Net income forecast to grow 617% next year vs 21% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩19,000 unchanged from last update. Share price rose 2.9% to ₩13,760 over the past week.
分析記事 • Mar 20We Think That There Are More Issues For Zinus (KRX:013890) Than Just Sluggish EarningsThe subdued market reaction suggests that Zinus, Inc's ( KRX:013890 ) recent earnings didn't contain any surprises. Our...
Reported Earnings • Mar 15Full year 2023 earnings released: EPS: ₩263 (vs ₩1,507 in FY 2022)Full year 2023 results: EPS: ₩263 (down from ₩1,507 in FY 2022). Revenue: ₩952.3b (down 18% from FY 2022). Net income: ₩5.30b (down 82% from FY 2022). Profit margin: 0.6% (down from 2.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 45% per year whereas the company’s share price has fallen by 42% per year.
New Risk • Mar 15New major risk - Revenue and earnings growthEarnings have declined by 32% 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 Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
Upcoming Dividend • Dec 20Upcoming dividend of ₩482 per share at 3.0% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.0%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.4%).
お知らせ • Dec 15Zinus, Inc(KOSE:A013890) dropped from KOSPI 200 IndexZinus, Inc has been removed from KOSPI 200 Index .
Major Estimate Revision • Nov 01Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.08b to ₩969.0m. EPS estimate fell from ₩2,618 to ₩885 per share. Net income forecast to grow 21% next year vs 20% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩28,000 to ₩13,000. Share price fell 8.9% to ₩18,020 over the past week.
Buying Opportunity • Aug 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be ₩33,007, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 34%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 335% in the next 2 years.
Major Estimate Revision • Aug 08Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.12b to ₩1.08b. EPS estimate also fell from ₩2,994 per share to ₩2,618 per share. Net income forecast to grow 221% next year vs 26% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩49,500 to ₩44,000. Share price was steady at ₩26,400 over the past week.
Buying Opportunity • Jun 15Now 20% undervaluedOver the last 90 days, the stock is up 1.0%. The fair value is estimated to be ₩36,924, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 34%. Revenue is forecast to grow by 29% in 2 years. Earnings is forecast to grow by 392% in the next 2 years.
Buying Opportunity • May 31Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.1%. The fair value is estimated to be ₩37,889, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has declined by 34%. Revenue is forecast to grow by 29% in 2 years. Earnings is forecast to grow by 392% in the next 2 years.
Major Estimate Revision • May 09Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.26b to ₩1.12b. EPS estimate fell from ₩3,422 to ₩2,994 per share. Net income forecast to grow 74% next year vs 24% growth forecast for Consumer Durables industry in South Korea. Consensus price target up from ₩48,000 to ₩49,500. Share price rose 2.1% to ₩29,700 over the past week.
Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: ₩1,658 (down from ₩3,066 in FY 2021). Revenue: ₩1.16t (up 3.2% from FY 2021). Net income: ₩29.4b (down 43% from FY 2021). Profit margin: 2.5% (down from 4.6% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 50%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Consumer Durables industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Feb 09Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩1.40b to ₩1.26b. EPS estimate fell from ₩4,855 to ₩3,551 per share. Net income forecast to grow 41% next year vs 45% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩65,000 to ₩55,000. Share price fell 13% to ₩33,950 over the past week.
Upcoming Dividend • Dec 21Upcoming dividend of ₩773 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of South Korean dividend payers (3.3%). In line with average of industry peers (2.2%).
Price Target Changed • Nov 18Price target decreased to ₩68,500Down from ₩93,000, the current price target is an average from 2 analysts. New target price is 94% above last closing price of ₩35,350. Stock is down 59% over the past year. The company is forecast to post earnings per share of ₩3,353 for next year compared to ₩3,372 last year.
Major Estimate Revision • Oct 19Consensus EPS estimates fall by 30%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₩1.23b to ₩1.20b. EPS estimate also fell from ₩4,931 per share to ₩3,458 per share. Net income forecast to grow 80% next year vs 37% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩93,000 to ₩88,500. Share price was steady at ₩32,150 over the past week.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩52,200, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Consumer Durables industry in South Korea. Total loss to shareholders of 45% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩66,982 per share.
Buying Opportunity • Jun 15Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be ₩67,562, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.6% over the last year, while earnings per share has been flat. Revenue is forecast to grow by 42% in 2 years. Earnings is forecast to grow by 142% in the next 2 years.
お知らせ • May 26+ 1 more updateZinus, Inc announced that it has received KRW 120.0000078 billion in funding from Hyundai Department Store Co. Ltd.On May 25, 2022, Zinus, Inc closed the transaction.
Price Target Changed • May 24Price target decreased to ₩110,000Down from ₩125,667, the current price target is an average from 2 analysts. New target price is 85% above last closing price of ₩59,300. Stock is down 40% over the past year. The company is forecast to post earnings per share of ₩5,704 for next year compared to ₩3,372 last year.
Major Estimate Revision • Mar 29Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ₩6,972 to ₩6,253 per share. Revenue forecast steady at ₩1.35b. Net income forecast to grow 105% next year vs 35% growth forecast for Consumer Durables industry in South Korea. Consensus price target down from ₩132,333 to ₩125,667. Share price fell 2.7% to ₩72,000 over the past week.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩62,800, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 10x in the Consumer Durables industry in South Korea. Total loss to shareholders of 33% over the past year.
Upcoming Dividend • Dec 22Upcoming dividend of ₩727 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 08 April 2022. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.1%).
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩92,500, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Consumer Durables industry in South Korea. Total returns to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩134,355 per share.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩85,000, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Consumer Durables industry in South Korea. Total returns to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩131,344 per share.
Major Estimate Revision • Aug 17Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast fell from ₩1.28b to ₩1.12b. EPS estimate unchanged at ₩6,925 per share. Net income forecast to grow 140% next year vs 35% growth forecast for Consumer Durables industry in South Korea. Consensus price target of ₩133,400 unchanged from last update. Share price fell 27% to ₩77,000 over the past week.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 27% share price decline to ₩77,000, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Consumer Durables industry in South Korea. Total returns to shareholders of 4.4% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩103,549 per share.
Price Target Changed • Jul 13Price target increased to ₩133,400Up from ₩118,208, the current price target is an average from 5 analysts. New target price is 25% above last closing price of ₩107,000. Stock is up 36% over the past year.
Major Estimate Revision • May 15Consensus EPS estimates increase to ₩7,826The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ₩1.23b to ₩1.28b. EPS estimate increased from ₩6,656 to ₩7,826 per share. Net income forecast to grow 147% next year vs 26% growth forecast for Consumer Durables industry in South Korea. Consensus price target broadly unchanged at ₩120,156. Share price rose 15% to ₩97,000 over the past week.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₩95,100, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Consumer Durables industry in South Korea. Total returns to shareholders of 34% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩116,610 per share.
分析記事 • Mar 21Be Wary Of Zinus (KRX:013890) And Its Returns On CapitalWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Reported Earnings • Mar 20Full year 2020 earnings released: EPS ₩3,344 (vs ₩5,999 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₩989.5b (up 21% from FY 2019). Net income: ₩45.8b (down 37% from FY 2019). Profit margin: 4.6% (down from 8.9% in FY 2019). The decrease in margin was driven by higher expenses.
お知らせ • Mar 06Zinus, Inc, Annual General Meeting, Mar 25, 2021Zinus, Inc, Annual General Meeting, Mar 25, 2021, at 09:00 Korea Standard Time.
分析記事 • Mar 01Did You Miss Zinus' (KRX:013890) 17% Share Price Gain?Zinus, Inc ( KRX:013890 ) shareholders might be concerned after seeing the share price drop 14% in the last quarter...
Is New 90 Day High Low • Feb 24New 90-day low: ₩92,600The company is down 11% from its price of ₩103,500 on 26 November 2020. The South Korean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 46% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩209,601 per share.
分析記事 • Feb 10Should Zinus, Inc (KRX:013890) Be Part Of Your Dividend Portfolio?Could Zinus, Inc ( KRX:013890 ) be an attractive dividend share to own for the long haul? Investors are often drawn to...
分析記事 • Jan 23What Kind Of Shareholders Hold The Majority In Zinus, Inc's (KRX:013890) Shares?If you want to know who really controls Zinus, Inc ( KRX:013890 ), then you'll have to look at the makeup of its share...
分析記事 • Jan 08Here's Why We Don't Think Zinus's (KRX:013890) Statutory Earnings Reflect Its Underlying Earnings PotentialStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
分析記事 • Dec 24Is It Worth Considering Zinus, Inc (KRX:013890) For Its Upcoming Dividend?Readers hoping to buy Zinus, Inc ( KRX:013890 ) for its dividend will need to make their move shortly, as the stock is...
分析記事 • Dec 23Here's Why Zinus (KRX:013890) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Dec 10Is Zinus, Inc's (KRX:013890) ROE Of 16% Impressive?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
分析記事 • Nov 25Here's What To Make Of Zinus' (KRX:013890) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...
Valuation Update With 7 Day Price Move • Nov 24Market bids up stock over the past weekAfter last week's 16% share price gain to ₩103,000, the stock is trading at a trailing P/E ratio of 19.2x, up from the previous P/E ratio of 16.5x. This compares to an average P/E of 14x in the Consumer Durables industry in South Korea. Total returns to shareholders over the past year are 11%.
Is New 90 Day High Low • Nov 20New 90-day high: ₩97,300The company is up 19% from its price of ₩81,900 on 21 August 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩144,322 per share.
Is New 90 Day High Low • Oct 29New 90-day high: ₩90,900The company is up 15% from its price of ₩79,300 on 31 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩190,293 per share.