View ValuationCenit 将来の成長Future 基準チェック /06現在、 Cenitの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Metals and Mining 収益成長26.8%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Mar 12Cenit Co., Ltd, Annual General Meeting, Mar 26, 2026Cenit Co., Ltd, Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 53, guryong-ro 4nam-gil, uiryeong-eup, uiryeong-gun, gyeongsangnam-do, South Korea分析記事 • Dec 19Cenit Co., Ltd's (KOSDAQ:037760) Business Is Trailing The Industry But Its Shares Aren'tWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Metals and Mining industry in Korea, you could be...Reported Earnings • Nov 19Third quarter 2025 earnings released: ₩19.00 loss per share (vs ₩18.00 loss in 3Q 2024)Third quarter 2025 results: ₩19.00 loss per share (further deteriorated from ₩18.00 loss in 3Q 2024). Revenue: ₩31.8b (up 9.4% from 3Q 2024). Net loss: ₩568.8m (loss widened 1.6% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.お知らせ • Sep 23Cenit Co., Ltd announced that it has received KRW 6.80169 billion in funding from Hanyang Securities Co. Ltd., JB Woori Capital Co., Ltd.On September 23, 2025, Cenit Co., Ltd closed the transaction.お知らせ • Sep 17Cenit Co., Ltd announced that it expects to receive KRW 6,801.69 million in funding from Hanyang Securities Co. Ltd., JB Woori Capital Co., Ltd. and another investorCenit Co., Ltd announced a private placement to issue series 12 bearer, non-coupon, unsecured privately issued convertible bonds for gross proceeds of KRW 6,801,690,000 on September 15, 2025. The transaction includes participation from Paros Multi General Private Equity Investment Trust No. 3 advised by NH Investment & Securities Co., Ltd for KRW 2,001,690,000, Hanyang Securities Co. Ltd. for KRW 2,800,000,000 and JB Woori Capital Co., Ltd for KRW 2,000,000,000. The bonds will have zero interest rate and 2% yield to maturity rate. The bonds will mature on September 23, 2030. The bonds will be 100% converted into 3,430,000 common shares at a fixed conversion price of KRW 1,983 per share. The conversion period is from October 23, 2025 to August 23, 2030. The payment date of the transaction is September 23, 2025. The transaction has been approved by the board of directors of the company. The transaction is subject to prohibition on division and merger of trading units within one year from the date of bond issuance.New Risk • Aug 27New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.0% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.0% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 37% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩53.5b market cap, or US$38.4m).Reported Earnings • Mar 20Full year 2024 earnings released: ₩29.00 loss per share (vs ₩90.00 profit in FY 2023)Full year 2024 results: ₩29.00 loss per share (down from ₩90.00 profit in FY 2023). Revenue: ₩132.4b (down 5.6% from FY 2023). Net loss: ₩910.4m (down 132% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.お知らせ • Mar 12Cenit Co., Ltd, Annual General Meeting, Mar 25, 2025Cenit Co., Ltd, Annual General Meeting, Mar 25, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 53, guryong-ro 4nam-gil, uiryeong-eup, uiryeong-gun, gyeongsangnam-do, South KoreaUpcoming Dividend • Dec 20Upcoming dividend of ₩40.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 18 April 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.9%). In line with average of industry peers (2.9%).分析記事 • Dec 17Here's What's Concerning About Cenit's (KOSDAQ:037760) Returns On CapitalWhen researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often...New Risk • Dec 07New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. 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 September 2013 fiscal period end). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩43.7b market cap, or US$30.7m).New Risk • Dec 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 239% Paying a dividend despite having no free cash flows. Earnings have declined by 11% 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 (0.4% net profit margin). Market cap is less than US$100m (₩46.0b market cap, or US$33.0m).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: ₩43.00 (vs ₩45.00 in 2Q 2023)Second quarter 2024 results: EPS: ₩43.00 (down from ₩45.00 in 2Q 2023). Revenue: ₩38.9b (flat on 2Q 2023). Net income: ₩1.34b (down 5.7% from 2Q 2023). Profit margin: 3.5% (down from 3.7% in 2Q 2023). 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 7% per year, which means it has not declined as severely as earnings.Reported Earnings • May 19First quarter 2024 earnings released: ₩7.00 loss per share (vs ₩13.00 profit in 1Q 2023)First quarter 2024 results: ₩7.00 loss per share (down from ₩13.00 profit in 1Q 2023). Revenue: ₩30.8b (down 3.1% from 1Q 2023). Net loss: ₩237.1m (down 157% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.分析記事 • Apr 24Returns On Capital Signal Tricky Times Ahead For Cenit (KOSDAQ:037760)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩1,533, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 7x in the Metals and Mining industry in South Korea. Total loss to shareholders of 20% over the past three years.分析記事 • Mar 20Cenit's (KOSDAQ:037760) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Cenit Co., Ltd ( KOSDAQ:037760 ) last week didn't sink the stock price...Reported Earnings • Mar 15Full year 2023 earnings released: EPS: ₩90.00 (vs ₩272 in FY 2022)Full year 2023 results: EPS: ₩90.00 (down from ₩272 in FY 2022). Revenue: ₩140.4b (down 12% from FY 2022). Net income: ₩2.87b (down 67% from FY 2022). Profit margin: 2.0% (down from 5.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Dec 20Upcoming dividend of ₩50.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₩33.00 (vs ₩73.00 in 3Q 2022)Third quarter 2023 results: EPS: ₩33.00 (down from ₩73.00 in 3Q 2022). Revenue: ₩33.6b (down 21% from 3Q 2022). Net income: ₩1.06b (down 54% from 3Q 2022). Profit margin: 3.2% (down from 5.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.New Risk • Aug 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 6.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (₩49.5b market cap, or US$37.3m).Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩272 (vs ₩280 in FY 2021)Full year 2022 results: EPS: ₩272 (down from ₩280 in FY 2021). Revenue: ₩160.1b (up 27% from FY 2021). Net income: ₩8.64b (down 3.0% from FY 2021). Profit margin: 5.4% (down from 7.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 21Upcoming dividend of ₩40.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (4.4%).Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: ₩73.00 (vs ₩97.00 in 3Q 2021)Third quarter 2022 results: EPS: ₩73.00 (down from ₩97.00 in 3Q 2021). Revenue: ₩42.6b (up 28% from 3Q 2021). Net income: ₩2.32b (down 24% from 3Q 2021). Profit margin: 5.5% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₩1,635, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 5x in the Metals and Mining industry in South Korea. Total returns to shareholders of 1.5% over the past three years.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩1,900, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 5x in the Metals and Mining industry in South Korea. Total returns to shareholders of 18% over the past three years.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩1,820, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 6x in the Metals and Mining industry in South Korea. Total returns to shareholders of 1.9% over the past three years.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Upcoming Dividend • Dec 22Upcoming dividend of ₩30.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.3%).Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩2,450, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 18x in the Metals and Mining industry in South Korea. Total returns to shareholders of 25% over the past three years.分析記事 • Mar 31Something To Consider Before Buying Cenit Co., Ltd (KOSDAQ:037760) For The 1.6% DividendToday we'll take a closer look at Cenit Co., Ltd ( KOSDAQ:037760 ) from a dividend investor's perspective. Owning a...Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩2,010, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 18x in the Metals and Mining industry in South Korea. Total returns to shareholders of 18% over the past three years.分析記事 • Mar 10Should You Be Adding Cenit (KOSDAQ:037760) To Your Watchlist Today?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...分析記事 • Feb 03Cenit (KOSDAQ:037760) Is Growing Earnings But Are They A Good Guide?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...分析記事 • Jan 08Did Cenit's (KOSDAQ:037760) Share Price Deserve to Gain 10%?Investors can buy low cost index fund if they want to receive the average market return. But across the board there are...Upcoming Dividend • Dec 22Upcoming Dividend of ₩30.00 Per ShareWill be paid on the 20th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.8% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (3.1%).分析記事 • Dec 15Is Cenit Co., Ltd (KOSDAQ:037760) A Smart Choice For Dividend Investors?Is Cenit Co., Ltd ( KOSDAQ:037760 ) a good dividend stock? How can we tell? Dividend paying companies with growing...分析記事 • Nov 24Does Cenit (KOSDAQ:037760) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of... このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Cenit は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測KOSDAQ:A037760 - アナリストの将来予測と過去の財務データ ( )KRW Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2025126,988-4,847-29,3463,126N/A9/30/2025128,739-5,284-27,7693,034N/A6/30/2025126,015-5,275-23,5712,906N/A3/31/2025130,332-2,283-6,7372,340N/A12/31/2024132,440-910-2,6473,426N/A9/30/2024135,121514-5695,325N/A6/30/2024139,6702,1344,93311,113N/A3/31/2024139,3732,2165,22510,071N/A12/31/2023140,3582,8684,4959,843N/A9/30/2023145,5544,61412,10117,873N/A6/30/2023154,5815,8789,56017,609N/A3/31/2023158,7417,9734,24215,902N/A12/31/2022160,0978,6424,55916,891N/A9/30/2022155,4878,288-1,5399,054N/A6/30/2022146,1699,040-3,7483,921N/A3/31/2022135,0768,097-1,374206N/A12/31/2021126,0558,908-6,115-1,535N/A9/30/2021115,3888,225-8,459-3,336N/A6/30/2021104,4654,641-9,946-2,910N/A3/31/202195,9241,999-16,892-6,522N/A12/31/202093,9218,804-10,391-4,051N/A9/30/202095,1816,873-4,676829N/A6/30/2020102,5008,947-2,6552,631N/A3/31/2020107,31610,1483,2779,143N/A12/31/2019109,7472,1022,5096,074N/A9/30/2019108,8852,868N/A4,567N/A6/30/2019107,3742,681N/A5,430N/A3/31/2019110,9933,135N/A4,175N/A12/31/2018113,7383,019N/A4,447N/A9/30/2018120,1126,219N/A7,423N/A6/30/2018125,4145,415N/A8,293N/A3/31/2018124,6175,317N/A7,991N/A12/31/2017126,2276,082N/A10,264N/A9/30/2017130,0914,488N/A9,720N/A6/30/2017126,1476,507N/A7,846N/A3/31/2017122,6656,626N/A8,311N/A12/31/2016115,7476,672N/A6,580N/A9/30/2016104,2048,284N/A2,019N/A6/30/2016101,9778,402N/A3,571N/A3/31/2016100,6918,337N/A2,761N/A12/31/201597,7187,944N/A5,941N/A9/30/201591,9656,672N/A9,804N/A6/30/201581,4724,974N/A7,974N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: A037760の予測収益成長が 貯蓄率 ( 3.1% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: A037760の収益がKR市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: A037760の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: A037760の収益がKR市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: A037760の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: A037760の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance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2026/05/22 09:37終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Cenit 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。0
お知らせ • Mar 12Cenit Co., Ltd, Annual General Meeting, Mar 26, 2026Cenit Co., Ltd, Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 53, guryong-ro 4nam-gil, uiryeong-eup, uiryeong-gun, gyeongsangnam-do, South Korea
分析記事 • Dec 19Cenit Co., Ltd's (KOSDAQ:037760) Business Is Trailing The Industry But Its Shares Aren'tWith a median price-to-sales (or "P/S") ratio of close to 0.3x in the Metals and Mining industry in Korea, you could be...
Reported Earnings • Nov 19Third quarter 2025 earnings released: ₩19.00 loss per share (vs ₩18.00 loss in 3Q 2024)Third quarter 2025 results: ₩19.00 loss per share (further deteriorated from ₩18.00 loss in 3Q 2024). Revenue: ₩31.8b (up 9.4% from 3Q 2024). Net loss: ₩568.8m (loss widened 1.6% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 23Cenit Co., Ltd announced that it has received KRW 6.80169 billion in funding from Hanyang Securities Co. Ltd., JB Woori Capital Co., Ltd.On September 23, 2025, Cenit Co., Ltd closed the transaction.
お知らせ • Sep 17Cenit Co., Ltd announced that it expects to receive KRW 6,801.69 million in funding from Hanyang Securities Co. Ltd., JB Woori Capital Co., Ltd. and another investorCenit Co., Ltd announced a private placement to issue series 12 bearer, non-coupon, unsecured privately issued convertible bonds for gross proceeds of KRW 6,801,690,000 on September 15, 2025. The transaction includes participation from Paros Multi General Private Equity Investment Trust No. 3 advised by NH Investment & Securities Co., Ltd for KRW 2,001,690,000, Hanyang Securities Co. Ltd. for KRW 2,800,000,000 and JB Woori Capital Co., Ltd for KRW 2,000,000,000. The bonds will have zero interest rate and 2% yield to maturity rate. The bonds will mature on September 23, 2030. The bonds will be 100% converted into 3,430,000 common shares at a fixed conversion price of KRW 1,983 per share. The conversion period is from October 23, 2025 to August 23, 2030. The payment date of the transaction is September 23, 2025. The transaction has been approved by the board of directors of the company. The transaction is subject to prohibition on division and merger of trading units within one year from the date of bond issuance.
New Risk • Aug 27New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 3.0% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (3.0% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 37% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩53.5b market cap, or US$38.4m).
Reported Earnings • Mar 20Full year 2024 earnings released: ₩29.00 loss per share (vs ₩90.00 profit in FY 2023)Full year 2024 results: ₩29.00 loss per share (down from ₩90.00 profit in FY 2023). Revenue: ₩132.4b (down 5.6% from FY 2023). Net loss: ₩910.4m (down 132% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 12Cenit Co., Ltd, Annual General Meeting, Mar 25, 2025Cenit Co., Ltd, Annual General Meeting, Mar 25, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 53, guryong-ro 4nam-gil, uiryeong-eup, uiryeong-gun, gyeongsangnam-do, South Korea
Upcoming Dividend • Dec 20Upcoming dividend of ₩40.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 18 April 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.9%). In line with average of industry peers (2.9%).
分析記事 • Dec 17Here's What's Concerning About Cenit's (KOSDAQ:037760) Returns On CapitalWhen researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often...
New Risk • Dec 07New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. 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 September 2013 fiscal period end). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩43.7b market cap, or US$30.7m).
New Risk • Dec 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 239% Paying a dividend despite having no free cash flows. Earnings have declined by 11% 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 (0.4% net profit margin). Market cap is less than US$100m (₩46.0b market cap, or US$33.0m).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: ₩43.00 (vs ₩45.00 in 2Q 2023)Second quarter 2024 results: EPS: ₩43.00 (down from ₩45.00 in 2Q 2023). Revenue: ₩38.9b (flat on 2Q 2023). Net income: ₩1.34b (down 5.7% from 2Q 2023). Profit margin: 3.5% (down from 3.7% in 2Q 2023). 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 7% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 19First quarter 2024 earnings released: ₩7.00 loss per share (vs ₩13.00 profit in 1Q 2023)First quarter 2024 results: ₩7.00 loss per share (down from ₩13.00 profit in 1Q 2023). Revenue: ₩30.8b (down 3.1% from 1Q 2023). Net loss: ₩237.1m (down 157% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.
分析記事 • Apr 24Returns On Capital Signal Tricky Times Ahead For Cenit (KOSDAQ:037760)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩1,533, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 7x in the Metals and Mining industry in South Korea. Total loss to shareholders of 20% over the past three years.
分析記事 • Mar 20Cenit's (KOSDAQ:037760) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Cenit Co., Ltd ( KOSDAQ:037760 ) last week didn't sink the stock price...
Reported Earnings • Mar 15Full year 2023 earnings released: EPS: ₩90.00 (vs ₩272 in FY 2022)Full year 2023 results: EPS: ₩90.00 (down from ₩272 in FY 2022). Revenue: ₩140.4b (down 12% from FY 2022). Net income: ₩2.87b (down 67% from FY 2022). Profit margin: 2.0% (down from 5.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Dec 20Upcoming dividend of ₩50.00 per share at 3.2% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.7%).
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ₩33.00 (vs ₩73.00 in 3Q 2022)Third quarter 2023 results: EPS: ₩33.00 (down from ₩73.00 in 3Q 2022). Revenue: ₩33.6b (down 21% from 3Q 2022). Net income: ₩1.06b (down 54% from 3Q 2022). Profit margin: 3.2% (down from 5.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
New Risk • Aug 31New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 6.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (₩49.5b market cap, or US$37.3m).
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩272 (vs ₩280 in FY 2021)Full year 2022 results: EPS: ₩272 (down from ₩280 in FY 2021). Revenue: ₩160.1b (up 27% from FY 2021). Net income: ₩8.64b (down 3.0% from FY 2021). Profit margin: 5.4% (down from 7.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 21Upcoming dividend of ₩40.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 15% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (4.4%).
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: ₩73.00 (vs ₩97.00 in 3Q 2021)Third quarter 2022 results: EPS: ₩73.00 (down from ₩97.00 in 3Q 2021). Revenue: ₩42.6b (up 28% from 3Q 2021). Net income: ₩2.32b (down 24% from 3Q 2021). Profit margin: 5.5% (down from 9.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₩1,635, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 5x in the Metals and Mining industry in South Korea. Total returns to shareholders of 1.5% over the past three years.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩1,900, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 5x in the Metals and Mining industry in South Korea. Total returns to shareholders of 18% over the past three years.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩1,820, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 6x in the Metals and Mining industry in South Korea. Total returns to shareholders of 1.9% over the past three years.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Upcoming Dividend • Dec 22Upcoming dividend of ₩30.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.3%).
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩2,450, the stock trades at a trailing P/E ratio of 40.1x. Average trailing P/E is 18x in the Metals and Mining industry in South Korea. Total returns to shareholders of 25% over the past three years.
分析記事 • Mar 31Something To Consider Before Buying Cenit Co., Ltd (KOSDAQ:037760) For The 1.6% DividendToday we'll take a closer look at Cenit Co., Ltd ( KOSDAQ:037760 ) from a dividend investor's perspective. Owning a...
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩2,010, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 18x in the Metals and Mining industry in South Korea. Total returns to shareholders of 18% over the past three years.
分析記事 • Mar 10Should You Be Adding Cenit (KOSDAQ:037760) To Your Watchlist Today?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
分析記事 • Feb 03Cenit (KOSDAQ:037760) Is Growing Earnings But Are They A Good Guide?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
分析記事 • Jan 08Did Cenit's (KOSDAQ:037760) Share Price Deserve to Gain 10%?Investors can buy low cost index fund if they want to receive the average market return. But across the board there are...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩30.00 Per ShareWill be paid on the 20th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.8% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (3.1%).
分析記事 • Dec 15Is Cenit Co., Ltd (KOSDAQ:037760) A Smart Choice For Dividend Investors?Is Cenit Co., Ltd ( KOSDAQ:037760 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
分析記事 • Nov 24Does Cenit (KOSDAQ:037760) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...