View Future GrowthChanghae Ethanol 過去の業績過去 基準チェック /36Changhae Ethanolは、平均年間8.5%の収益成長を遂げていますが、 Chemicals業界の収益は、年間 減少しています。収益は、平均年間0.3% 5.9%収益成長率で 成長しています。 Changhae Ethanolの自己資本利益率は9%であり、純利益率は10.9%です。主要情報8.48%収益成長率8.95%EPS成長率Chemicals 業界の成長13.95%収益成長率5.92%株主資本利益率8.98%ネット・マージン10.94%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩1,650 (vs ₩506 loss in FY 2023)Full year 2024 results: EPS: ₩1,650 (up from ₩506 loss in FY 2023). Revenue: ₩137.5b (up 18% from FY 2023). Net income: ₩12.5b (up ₩16.4b from FY 2023). Profit margin: 9.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₩1,163 (vs ₩567 in 3Q 2023)Third quarter 2024 results: EPS: ₩1,163. Revenue: ₩34.4b (up 21% from 3Q 2023). Net income: ₩4.30b (flat on 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.Reported Earnings • Mar 22Full year 2023 earnings released: ₩506 loss per share (vs ₩10.00 profit in FY 2022)Full year 2023 results: ₩506 loss per share (down from ₩10.00 profit in FY 2022). Revenue: ₩116.4b (up 6.4% from FY 2022). Net loss: ₩3.84b (down ₩3.92b from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.分析記事 • Dec 12Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...すべての更新を表示Recent updates分析記事 • Apr 09Here's Why We Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩12,010, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total returns to shareholders of 38% over the past three years.お知らせ • Mar 13Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2026Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 15, wonmanseong-ro, deokjin-gu, jeonbuk-do, jeonju South KoreaUpcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.3%).分析記事 • Nov 09Changhae Ethanol's (KOSDAQ:004650) Dividend Will Be ₩600.00The board of Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) has announced that it will pay a dividend on the 15th of...Declared Dividend • Nov 08Dividend of ₩600 announcedDividend of ₩600 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.4% EPS decline seen over the last 5 years.お知らせ • Nov 07Changhae Ethanol Co., Ltd. announces Annual dividend, payable on April 15, 2026Changhae Ethanol Co., Ltd. announced Annual dividend of KRW 600.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.New Risk • Aug 30New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2010. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2010 fiscal period end). Minor Risk Market cap is less than US$100m (₩76.0b market cap, or US$54.8m).Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩10,170, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 11x in the Chemicals industry in South Korea. Total loss to shareholders of 15% over the past three years.Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩1,650 (vs ₩506 loss in FY 2023)Full year 2024 results: EPS: ₩1,650 (up from ₩506 loss in FY 2023). Revenue: ₩137.5b (up 18% from FY 2023). Net income: ₩12.5b (up ₩16.4b from FY 2023). Profit margin: 9.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.お知らせ • Mar 13Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2025Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 15, wonmanseong-ro, deokjin-gu, jeonbuk-do, jeonju South KoreaUpcoming Dividend • Dec 20Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.2%).New Risk • Dec 16New 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 Risk Market cap is less than US$100m (₩70.0b market cap, or US$48.7m).Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₩1,163 (vs ₩567 in 3Q 2023)Third quarter 2024 results: EPS: ₩1,163. Revenue: ₩34.4b (up 21% from 3Q 2023). Net income: ₩4.30b (flat on 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.8% to ₩8,780. The fair value is estimated to be ₩11,563, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Mar 22Full year 2023 earnings released: ₩506 loss per share (vs ₩10.00 profit in FY 2022)Full year 2023 results: ₩506 loss per share (down from ₩10.00 profit in FY 2022). Revenue: ₩116.4b (up 6.4% from FY 2022). Net loss: ₩3.84b (down ₩3.92b from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 5.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.1%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.8%).Upcoming Dividend • Dec 21Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio and cash payout ratio are on the higher end at 89% and 95% respectively. Trailing yield: 5.2%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩12,400, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 13x in the Chemicals industry in South Korea. Total returns to shareholders of 1.1% over the past three years.Upcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 20 April 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.4%).分析記事 • May 01Should Changhae Ethanol Co., Ltd. (KOSDAQ:004650) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) from a dividend investor's perspective...分析記事 • Mar 20Is Now The Time To Put Changhae Ethanol (KOSDAQ:004650) On Your Watchlist?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...Is New 90 Day High Low • Mar 05New 90-day low: ₩12,600The company is down 10.0% from its price of ₩14,050 on 04 December 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.分析記事 • Mar 02Does Changhae Ethanol's (KOSDAQ:004650) Returns On Capital Reflect Well On The Business?What financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...分析記事 • Feb 10These 4 Measures Indicate That Changhae Ethanol (KOSDAQ:004650) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Jan 23Shareholders Are Loving Changhae Ethanol Co., Ltd.'s (KOSDAQ:004650) 4.6% YieldIs Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Jan 08If You Had Bought Changhae Ethanol's (KOSDAQ:004650) Shares Five Years Ago You Would Be Down 46%In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...分析記事 • Dec 24Should You Buy Changhae Ethanol Co., Ltd. (KOSDAQ:004650) For Its Upcoming Dividend?Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) is about to trade ex-dividend in the next 4 days. This means that...Upcoming Dividend • Dec 22Upcoming Dividend of ₩600 Per ShareWill be paid on the 20th of April to those who are registered shareholders by the 29th of December. The trailing yield of 4.4% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (0.9%).分析記事 • Dec 12Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...Is New 90 Day High Low • Dec 04New 90-day high: ₩14,050The company is up 5.0% from its price of ₩13,400 on 04 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period.分析記事 • Nov 28Here's Why I Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...Is New 90 Day High Low • Sep 21New 90-day low: ₩12,950The company is down 5.0% from its price of ₩13,650 on 23 June 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 35% over the same period.収支内訳Changhae Ethanol 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KOSDAQ:A004650 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 26120,63313,1938,87139631 Dec 25122,34413,2678,89839430 Sep 25120,57411,1848,90639430 Jun 25126,97812,7488,79735831 Mar 25138,35513,2748,52535031 Dec 24137,45212,5188,13637330 Sep 24137,69811,2767,86635130 Jun 24131,81211,2817,77436031 Mar 24117,037-1,8427,69338631 Dec 23116,423-3,8407,54540630 Sep 23114,628-6,7136,79945830 Jun 23110,765-10,4146,62251631 Mar 23109,547-2,0746,50453531 Dec 22109,430786,36552630 Sep 22106,1895,0956,31250630 Jun 22100,5915,4306,66549831 Mar 2298,6908,9646,17151431 Dec 2196,9919,8426,58853130 Sep 2198,61710,9628,75162630 Jun 21103,62014,0398,43565831 Mar 21108,04112,5788,98661731 Dec 20114,66013,0008,52678030 Sep 20133,27618,82314,2131,42130 Jun 20157,12018,00019,1631,69331 Mar 20175,06019,91723,8431,88131 Dec 19187,28420,08528,6581,99730 Sep 19192,04210,82530,6841,86630 Jun 19196,52911,23832,0061,73031 Mar 19195,6875,08535,7981,72831 Dec 18195,3583,71738,7251,63330 Sep 18198,5614,53737,7971,71330 Jun 18199,2214,67138,8391,86831 Mar 18207,4839,99438,5341,94931 Dec 17216,9354,99840,1022,10930 Sep 17213,061-1,07841,7832,36230 Jun 17217,559-3,33046,1322,35231 Mar 17211,522-3,15449,7902,39731 Dec 16212,5841,68453,4362,45330 Sep 16224,2257,33456,7751,93030 Jun 16215,4028,45753,9811,85331 Mar 16224,11510,01750,7601,72531 Dec 15227,49611,50145,4551,58330 Sep 15228,16410,10541,6831,68730 Jun 15232,29810,72142,0041,769質の高い収益: A004650は 高品質の収益 を持っています。利益率の向上: A004650の現在の純利益率 (10.9%)は、昨年(9.6%)よりも高くなっています。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: A004650の収益は過去 5 年間で年間8.5%増加しました。成長の加速: A004650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: A004650は過去 1 年間で収益成長率がマイナス ( -0.6% ) となったため、 Chemicals業界平均 ( -3.5% ) と比較することが困難です。株主資本利益率高いROE: A004650の 自己資本利益率 ( 9% ) 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7D1Y7D1Y7D1YMaterials 、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2026/06/19 19:27終値2026/06/19 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Changhae Ethanol Co., Ltd. 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。4 アナリスト機関So Min OhEugene Investment & Securities Co Ltd.Hong-Sik JeongLS Securities Co., Ltd.Jin ChoiNH Investment & Securities Co., Ltd.1 その他のアナリストを表示
Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩1,650 (vs ₩506 loss in FY 2023)Full year 2024 results: EPS: ₩1,650 (up from ₩506 loss in FY 2023). Revenue: ₩137.5b (up 18% from FY 2023). Net income: ₩12.5b (up ₩16.4b from FY 2023). Profit margin: 9.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₩1,163 (vs ₩567 in 3Q 2023)Third quarter 2024 results: EPS: ₩1,163. Revenue: ₩34.4b (up 21% from 3Q 2023). Net income: ₩4.30b (flat on 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.
Reported Earnings • Mar 22Full year 2023 earnings released: ₩506 loss per share (vs ₩10.00 profit in FY 2022)Full year 2023 results: ₩506 loss per share (down from ₩10.00 profit in FY 2022). Revenue: ₩116.4b (up 6.4% from FY 2022). Net loss: ₩3.84b (down ₩3.92b from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
分析記事 • Dec 12Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
分析記事 • Apr 09Here's Why We Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩12,010, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total returns to shareholders of 38% over the past three years.
お知らせ • Mar 13Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2026Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 15, wonmanseong-ro, deokjin-gu, jeonbuk-do, jeonju South Korea
Upcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.3%).
分析記事 • Nov 09Changhae Ethanol's (KOSDAQ:004650) Dividend Will Be ₩600.00The board of Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) has announced that it will pay a dividend on the 15th of...
Declared Dividend • Nov 08Dividend of ₩600 announcedDividend of ₩600 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.4% EPS decline seen over the last 5 years.
お知らせ • Nov 07Changhae Ethanol Co., Ltd. announces Annual dividend, payable on April 15, 2026Changhae Ethanol Co., Ltd. announced Annual dividend of KRW 600.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
New Risk • Aug 30New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2010. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2010 fiscal period end). Minor Risk Market cap is less than US$100m (₩76.0b market cap, or US$54.8m).
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩10,170, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 11x in the Chemicals industry in South Korea. Total loss to shareholders of 15% over the past three years.
Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩1,650 (vs ₩506 loss in FY 2023)Full year 2024 results: EPS: ₩1,650 (up from ₩506 loss in FY 2023). Revenue: ₩137.5b (up 18% from FY 2023). Net income: ₩12.5b (up ₩16.4b from FY 2023). Profit margin: 9.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
お知らせ • Mar 13Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2025Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 15, wonmanseong-ro, deokjin-gu, jeonbuk-do, jeonju South Korea
Upcoming Dividend • Dec 20Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.2%).
New Risk • Dec 16New 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 Risk Market cap is less than US$100m (₩70.0b market cap, or US$48.7m).
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₩1,163 (vs ₩567 in 3Q 2023)Third quarter 2024 results: EPS: ₩1,163. Revenue: ₩34.4b (up 21% from 3Q 2023). Net income: ₩4.30b (flat on 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.
Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.8% to ₩8,780. The fair value is estimated to be ₩11,563, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Mar 22Full year 2023 earnings released: ₩506 loss per share (vs ₩10.00 profit in FY 2022)Full year 2023 results: ₩506 loss per share (down from ₩10.00 profit in FY 2022). Revenue: ₩116.4b (up 6.4% from FY 2022). Net loss: ₩3.84b (down ₩3.92b from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 5.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.1%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.8%).
Upcoming Dividend • Dec 21Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio and cash payout ratio are on the higher end at 89% and 95% respectively. Trailing yield: 5.2%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩12,400, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 13x in the Chemicals industry in South Korea. Total returns to shareholders of 1.1% over the past three years.
Upcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 20 April 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.4%).
分析記事 • May 01Should Changhae Ethanol Co., Ltd. (KOSDAQ:004650) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) from a dividend investor's perspective...
分析記事 • Mar 20Is Now The Time To Put Changhae Ethanol (KOSDAQ:004650) On Your Watchlist?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Is New 90 Day High Low • Mar 05New 90-day low: ₩12,600The company is down 10.0% from its price of ₩14,050 on 04 December 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.
分析記事 • Mar 02Does Changhae Ethanol's (KOSDAQ:004650) Returns On Capital Reflect Well On The Business?What financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...
分析記事 • Feb 10These 4 Measures Indicate That Changhae Ethanol (KOSDAQ:004650) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
分析記事 • Jan 23Shareholders Are Loving Changhae Ethanol Co., Ltd.'s (KOSDAQ:004650) 4.6% YieldIs Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Jan 08If You Had Bought Changhae Ethanol's (KOSDAQ:004650) Shares Five Years Ago You Would Be Down 46%In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
分析記事 • Dec 24Should You Buy Changhae Ethanol Co., Ltd. (KOSDAQ:004650) For Its Upcoming Dividend?Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) is about to trade ex-dividend in the next 4 days. This means that...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩600 Per ShareWill be paid on the 20th of April to those who are registered shareholders by the 29th of December. The trailing yield of 4.4% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (0.9%).
分析記事 • Dec 12Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
Is New 90 Day High Low • Dec 04New 90-day high: ₩14,050The company is up 5.0% from its price of ₩13,400 on 04 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period.
分析記事 • Nov 28Here's Why I Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
Is New 90 Day High Low • Sep 21New 90-day low: ₩12,950The company is down 5.0% from its price of ₩13,650 on 23 June 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 35% over the same period.