View Future GrowthGreen Plus 過去の業績過去 基準チェック /06Green Plusの収益は年間平均-10.4%の割合で減少していますが、 Metals and Mining業界の収益は年間 減少しています。収益は年間11% 5.2%割合で 増加しています。主要情報-10.41%収益成長率-8.42%EPS成長率Metals and Mining 業界の成長28.17%収益成長率5.16%株主資本利益率-34.81%ネット・マージン-10.79%前回の決算情報31 Dec 2025最近の業績更新分析記事 • Nov 18Green Plus' (KOSDAQ:186230) Performance Is Even Better Than Its Earnings SuggestGreen Plus Co., Ltd. ( KOSDAQ:186230 ) just reported healthy earnings but the stock price didn't move much. We think...Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: ₩25.00 (vs ₩141 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩25.00 (up from ₩141 loss in 3Q 2024). Revenue: ₩27.9b (up 37% from 3Q 2024). Net income: ₩275.5m (up ₩1.79b from 3Q 2024). Profit margin: 1.0% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 22Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₩72.00 (up from ₩1,305 loss in FY 2023). Revenue: ₩87.7b (up 49% from FY 2023). Net income: ₩777.7m (up ₩14.8b from FY 2023). Profit margin: 0.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 14Third quarter 2024 earnings released: ₩141 loss per share (vs ₩120 loss in 3Q 2023)Third quarter 2024 results: ₩141 loss per share (further deteriorated from ₩120 loss in 3Q 2023). Revenue: ₩20.4b (up 50% from 3Q 2023). Net loss: ₩1.52b (loss widened 18% from 3Q 2023). Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Reported Earnings • May 19First quarter 2024 earnings released: EPS: ₩10.00 (vs ₩26.00 in 1Q 2023)First quarter 2024 results: EPS: ₩10.00 (down from ₩26.00 in 1Q 2023). Revenue: ₩17.9b (up 14% from 1Q 2023). Net income: ₩101.1m (down 64% from 1Q 2023). Profit margin: 0.6% (down from 1.8% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 22Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: ₩1,305 loss per share (further deteriorated from ₩252 loss in FY 2022). Revenue: ₩58.9b (down 29% from FY 2022). Net loss: ₩14.0b (loss widened 420% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.すべての更新を表示Recent updatesNew Risk • Apr 03New major risk - Revenue and earnings growthEarnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩4.2b free cash flow). Earnings have declined by 10% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩48.1b market cap, or US$31.9m).お知らせ • Mar 17Green Plus Co., Ltd., Annual General Meeting, Mar 31, 2026Green Plus Co., Ltd., Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 50-42, eumbong-ro, eumbong-myeon, yesan-gun, chungchengnam-do, South Korea分析記事 • Nov 18Green Plus' (KOSDAQ:186230) Performance Is Even Better Than Its Earnings SuggestGreen Plus Co., Ltd. ( KOSDAQ:186230 ) just reported healthy earnings but the stock price didn't move much. We think...Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: ₩25.00 (vs ₩141 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩25.00 (up from ₩141 loss in 3Q 2024). Revenue: ₩27.9b (up 37% from 3Q 2024). Net income: ₩275.5m (up ₩1.79b from 3Q 2024). Profit margin: 1.0% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.New Risk • Nov 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩65.9b market cap, or US$45.0m).New Risk • Aug 29New major risk - Revenue and earnings growthEarnings have declined by 26% 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 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩67.9b market cap, or US$48.9m).New Risk • May 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 48% 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: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩83.5b market cap, or US$60.0m).Reported Earnings • Mar 22Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₩72.00 (up from ₩1,305 loss in FY 2023). Revenue: ₩87.7b (up 49% from FY 2023). Net income: ₩777.7m (up ₩14.8b from FY 2023). Profit margin: 0.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.お知らせ • Mar 17Green Plus Co., Ltd. announced that it has received KRW 15 billion in fundingOn March 17, 2025, Green Plus Co., Ltd. closed the transaction.分析記事 • Mar 12Why Investors Shouldn't Be Surprised By Green Plus Co., Ltd.'s (KOSDAQ:186230) P/SGreen Plus Co., Ltd.'s ( KOSDAQ:186230 ) price-to-sales (or "P/S") ratio of 1.1x may not look like an appealing...お知らせ • Mar 12Green Plus Co., Ltd., Annual General Meeting, Mar 31, 2025Green Plus Co., Ltd., Annual General Meeting, Mar 31, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 50-42, eumbong-ro, eumbong-myeon, yesan-gun, chungchengnam-do, South KoreaReported Earnings • Nov 14Third quarter 2024 earnings released: ₩141 loss per share (vs ₩120 loss in 3Q 2023)Third quarter 2024 results: ₩141 loss per share (further deteriorated from ₩120 loss in 3Q 2023). Revenue: ₩20.4b (up 50% from 3Q 2023). Net loss: ₩1.52b (loss widened 18% from 3Q 2023). Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.分析記事 • Nov 12We Think Green Plus (KOSDAQ:186230) Has A Fair Chunk Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Sep 23Getting In Cheap On Green Plus Co., Ltd. (KOSDAQ:186230) Is UnlikelyWhen you see that almost half of the companies in the Metals and Mining industry in Korea have price-to-sales ratios...分析記事 • Jul 03We Think Green Plus (KOSDAQ:186230) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • May 19First quarter 2024 earnings released: EPS: ₩10.00 (vs ₩26.00 in 1Q 2023)First quarter 2024 results: EPS: ₩10.00 (down from ₩26.00 in 1Q 2023). Revenue: ₩17.9b (up 14% from 1Q 2023). Net income: ₩101.1m (down 64% from 1Q 2023). Profit margin: 0.6% (down from 1.8% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.分析記事 • May 10Green Plus Co., Ltd.'s (KOSDAQ:186230) Share Price Not Quite Adding UpWhen close to half the companies in the Metals and Mining industry in Korea have price-to-sales ratios (or "P/S") below...Reported Earnings • Mar 22Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: ₩1,305 loss per share (further deteriorated from ₩252 loss in FY 2022). Revenue: ₩58.9b (down 29% from FY 2022). Net loss: ₩14.0b (loss widened 420% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Nov 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩11b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩11b free cash flow). Earnings have declined by 66% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₩76.1b market cap, or US$59.0m).New Risk • Oct 28New 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 8.9% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩11b). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₩71.4b market cap, or US$52.7m).New Risk • Aug 30New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₩11b This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩11b). Market cap is less than US$100m (₩96.8b market cap, or US$73.1m).Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₩86.00 (vs ₩83.00 in 3Q 2021)Third quarter 2022 results: EPS: ₩86.00 (up from ₩83.00 in 3Q 2021). Revenue: ₩20.1b (up 16% from 3Q 2021). Net income: ₩923.6m (up 9.2% from 3Q 2021). Profit margin: 4.6% (down from 4.9% in 3Q 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Independent Board Director/Trustee Dong-hyeon Lee was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ₩97.00 (down from ₩181 in 1Q 2021). Revenue: ₩19.4b (up 2.9% from 1Q 2021). Net income: ₩1.04b (down 40% from 1Q 2021). Profit margin: 5.4% (down from 9.2% in 1Q 2021). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 155%.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Independent Board Director/Trustee Dong-hyun Lee was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.分析記事 • Mar 12What Do The Returns On Capital At Green Plus (KOSDAQ:186230) Tell Us?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Is New 90 Day High Low • Mar 08New 90-day low: ₩12,250The company is down 3.0% from its price of ₩12,600 on 08 December 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 14% over the same period.お知らせ • Feb 25Green Plus Co., Ltd., Annual General Meeting, Mar 29, 2021Green Plus Co., Ltd., Annual General Meeting, Mar 29, 2021, at 10:00 Korea Standard Time.分析記事 • Feb 19Should You Use Green Plus' (KOSDAQ:186230) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...分析記事 • Feb 01Is Green Plus' (KOSDAQ:186230) Share Price Gain Of 214% Well Earned?It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes...Is New 90 Day High Low • Jan 25New 90-day high: ₩14,200The company is up 25% from its price of ₩11,350 on 27 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is up 22% over the same period.分析記事 • Jan 12Is Green Plus Co., Ltd. (KOSDAQ:186230) A High Quality Stock To Own?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Is New 90 Day High Low • Jan 04New 90-day high: ₩13,650The company is up 39% from its price of ₩9,800 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period.分析記事 • Dec 25Green Plus (KOSDAQ:186230) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Dec 10New 90-day high: ₩13,550The company is up 34% from its price of ₩10,125 on 11 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩920 per share.分析記事 • Dec 07Is Green Plus Co., Ltd. (KOSDAQ:186230) Popular Amongst Insiders?If you want to know who really controls Green Plus Co., Ltd. ( KOSDAQ:186230 ), then you'll have to look at the makeup...分析記事 • Nov 17Here's What To Make Of Green Plus' (KOSDAQ:186230) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 19% share price gain to ₩13,500, the stock is trading at a trailing P/E ratio of 51.6x, up from the previous P/E ratio of 43.2x. This compares to an average P/E of 20x in the Metals and Mining industry in South Korea. Total returns to shareholders over the past three years are 327%.Is New 90 Day High Low • Nov 09New 90-day high: ₩12,250The company is up 42% from its price of ₩8,600 on 11 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩614 per share.Is New 90 Day High Low • Oct 13New 90-day high: ₩22,150The company is up 28% from its price of ₩17,350 on 15 July 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩1,214 per share.収支内訳Green Plus 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:A186230 収益、費用、利益 ( )KRW Millions日付収益収益G+A経費研究開発費31 Dec 25105,715-11,4057,5821,08930 Sep 25104,2991,4726,8052,26830 Jun 2596,813-3217,7362,26831 Mar 2591,896185,4303,53831 Dec 2487,6837785,8153,57330 Sep 2473,703-13,7107,0583,62030 Jun 2466,938-13,4716,3373,62031 Mar 2461,088-14,2056,7713,08231 Dec 2358,874-14,0316,8532,44030 Sep 2366,125-6,3175,4721,66230 Jun 2372,575-4,1164,7511,66231 Mar 2379,278-3,4614,8071,05331 Dec 2283,007-2,6965,21550030 Sep 2284,391-6814,94132730 Jun 2281,636-7594,85632731 Mar 2283,789-4,7384,59129231 Dec 2183,238-4,0444,46650430 Sep 2178,623-6,6024,11648630 Jun 2176,205-6,7213,95848631 Mar 2169,321-1,0593,87960731 Dec 2062,676-1,9303,97043130 Sep 2060,0313,1244,17151330 Jun 2056,4252,4294,21051331 Mar 2049,7022,3723,93339531 Dec 1948,8322,4933,76135530 Sep 1948,3572,2783,24527431 Dec 1846,3572,1892,679356質の高い収益: A186230は現在利益が出ていません。利益率の向上: A186230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: A186230は利益が出ておらず、過去 5 年間で損失は年間10.4%の割合で増加しています。成長の加速: A186230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: A186230は利益が出ていないため、過去 1 年間の収益成長をMetals and Mining業界 ( -25.8% ) と比較することは困難です。株主資本利益率高いROE: A186230は現在利益が出ていないため、自己資本利益率 ( -34.81% ) 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2026/05/20 04:22終値2026/05/20 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Green Plus 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Jae KimDAOL Investment & Securities Co., Ltd.Sang-Hun LeeiM SecuritiesKyuri KimShinhan Investment Corp.1 その他のアナリストを表示
分析記事 • Nov 18Green Plus' (KOSDAQ:186230) Performance Is Even Better Than Its Earnings SuggestGreen Plus Co., Ltd. ( KOSDAQ:186230 ) just reported healthy earnings but the stock price didn't move much. We think...
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: ₩25.00 (vs ₩141 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩25.00 (up from ₩141 loss in 3Q 2024). Revenue: ₩27.9b (up 37% from 3Q 2024). Net income: ₩275.5m (up ₩1.79b from 3Q 2024). Profit margin: 1.0% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 22Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₩72.00 (up from ₩1,305 loss in FY 2023). Revenue: ₩87.7b (up 49% from FY 2023). Net income: ₩777.7m (up ₩14.8b from FY 2023). Profit margin: 0.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 14Third quarter 2024 earnings released: ₩141 loss per share (vs ₩120 loss in 3Q 2023)Third quarter 2024 results: ₩141 loss per share (further deteriorated from ₩120 loss in 3Q 2023). Revenue: ₩20.4b (up 50% from 3Q 2023). Net loss: ₩1.52b (loss widened 18% from 3Q 2023). Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: ₩10.00 (vs ₩26.00 in 1Q 2023)First quarter 2024 results: EPS: ₩10.00 (down from ₩26.00 in 1Q 2023). Revenue: ₩17.9b (up 14% from 1Q 2023). Net income: ₩101.1m (down 64% from 1Q 2023). Profit margin: 0.6% (down from 1.8% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 22Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: ₩1,305 loss per share (further deteriorated from ₩252 loss in FY 2022). Revenue: ₩58.9b (down 29% from FY 2022). Net loss: ₩14.0b (loss widened 420% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Apr 03New major risk - Revenue and earnings growthEarnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩4.2b free cash flow). Earnings have declined by 10% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩48.1b market cap, or US$31.9m).
お知らせ • Mar 17Green Plus Co., Ltd., Annual General Meeting, Mar 31, 2026Green Plus Co., Ltd., Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 50-42, eumbong-ro, eumbong-myeon, yesan-gun, chungchengnam-do, South Korea
分析記事 • Nov 18Green Plus' (KOSDAQ:186230) Performance Is Even Better Than Its Earnings SuggestGreen Plus Co., Ltd. ( KOSDAQ:186230 ) just reported healthy earnings but the stock price didn't move much. We think...
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: ₩25.00 (vs ₩141 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩25.00 (up from ₩141 loss in 3Q 2024). Revenue: ₩27.9b (up 37% from 3Q 2024). Net income: ₩275.5m (up ₩1.79b from 3Q 2024). Profit margin: 1.0% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
New Risk • Nov 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩65.9b market cap, or US$45.0m).
New Risk • Aug 29New major risk - Revenue and earnings growthEarnings have declined by 26% 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 26% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩67.9b market cap, or US$48.9m).
New Risk • May 20New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 48% 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: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩83.5b market cap, or US$60.0m).
Reported Earnings • Mar 22Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ₩72.00 (up from ₩1,305 loss in FY 2023). Revenue: ₩87.7b (up 49% from FY 2023). Net income: ₩777.7m (up ₩14.8b from FY 2023). Profit margin: 0.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 17Green Plus Co., Ltd. announced that it has received KRW 15 billion in fundingOn March 17, 2025, Green Plus Co., Ltd. closed the transaction.
分析記事 • Mar 12Why Investors Shouldn't Be Surprised By Green Plus Co., Ltd.'s (KOSDAQ:186230) P/SGreen Plus Co., Ltd.'s ( KOSDAQ:186230 ) price-to-sales (or "P/S") ratio of 1.1x may not look like an appealing...
お知らせ • Mar 12Green Plus Co., Ltd., Annual General Meeting, Mar 31, 2025Green Plus Co., Ltd., Annual General Meeting, Mar 31, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 50-42, eumbong-ro, eumbong-myeon, yesan-gun, chungchengnam-do, South Korea
Reported Earnings • Nov 14Third quarter 2024 earnings released: ₩141 loss per share (vs ₩120 loss in 3Q 2023)Third quarter 2024 results: ₩141 loss per share (further deteriorated from ₩120 loss in 3Q 2023). Revenue: ₩20.4b (up 50% from 3Q 2023). Net loss: ₩1.52b (loss widened 18% from 3Q 2023). Revenue is forecast to grow 49% p.a. on average during the next 2 years, compared to a 6.2% growth forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
分析記事 • Nov 12We Think Green Plus (KOSDAQ:186230) Has A Fair Chunk Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Sep 23Getting In Cheap On Green Plus Co., Ltd. (KOSDAQ:186230) Is UnlikelyWhen you see that almost half of the companies in the Metals and Mining industry in Korea have price-to-sales ratios...
分析記事 • Jul 03We Think Green Plus (KOSDAQ:186230) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • May 19First quarter 2024 earnings released: EPS: ₩10.00 (vs ₩26.00 in 1Q 2023)First quarter 2024 results: EPS: ₩10.00 (down from ₩26.00 in 1Q 2023). Revenue: ₩17.9b (up 14% from 1Q 2023). Net income: ₩101.1m (down 64% from 1Q 2023). Profit margin: 0.6% (down from 1.8% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
分析記事 • May 10Green Plus Co., Ltd.'s (KOSDAQ:186230) Share Price Not Quite Adding UpWhen close to half the companies in the Metals and Mining industry in Korea have price-to-sales ratios (or "P/S") below...
Reported Earnings • Mar 22Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: ₩1,305 loss per share (further deteriorated from ₩252 loss in FY 2022). Revenue: ₩58.9b (down 29% from FY 2022). Net loss: ₩14.0b (loss widened 420% from FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Nov 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩11b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩11b free cash flow). Earnings have declined by 66% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₩76.1b market cap, or US$59.0m).
New Risk • Oct 28New 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 8.9% 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩11b). Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₩71.4b market cap, or US$52.7m).
New Risk • Aug 30New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₩11b This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩11b). Market cap is less than US$100m (₩96.8b market cap, or US$73.1m).
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₩86.00 (vs ₩83.00 in 3Q 2021)Third quarter 2022 results: EPS: ₩86.00 (up from ₩83.00 in 3Q 2021). Revenue: ₩20.1b (up 16% from 3Q 2021). Net income: ₩923.6m (up 9.2% from 3Q 2021). Profit margin: 4.6% (down from 4.9% in 3Q 2021). Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Metals and Mining industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Independent Board Director/Trustee Dong-hyeon Lee was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ₩97.00 (down from ₩181 in 1Q 2021). Revenue: ₩19.4b (up 2.9% from 1Q 2021). Net income: ₩1.04b (down 40% from 1Q 2021). Profit margin: 5.4% (down from 9.2% in 1Q 2021). Revenue missed analyst estimates by 23%. Earnings per share (EPS) also missed analyst estimates by 155%.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Independent Board Director/Trustee Dong-hyun Lee was the last independent director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
分析記事 • Mar 12What Do The Returns On Capital At Green Plus (KOSDAQ:186230) Tell Us?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Is New 90 Day High Low • Mar 08New 90-day low: ₩12,250The company is down 3.0% from its price of ₩12,600 on 08 December 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 14% over the same period.
お知らせ • Feb 25Green Plus Co., Ltd., Annual General Meeting, Mar 29, 2021Green Plus Co., Ltd., Annual General Meeting, Mar 29, 2021, at 10:00 Korea Standard Time.
分析記事 • Feb 19Should You Use Green Plus' (KOSDAQ:186230) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
分析記事 • Feb 01Is Green Plus' (KOSDAQ:186230) Share Price Gain Of 214% Well Earned?It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes...
Is New 90 Day High Low • Jan 25New 90-day high: ₩14,200The company is up 25% from its price of ₩11,350 on 27 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is up 22% over the same period.
分析記事 • Jan 12Is Green Plus Co., Ltd. (KOSDAQ:186230) A High Quality Stock To Own?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Is New 90 Day High Low • Jan 04New 90-day high: ₩13,650The company is up 39% from its price of ₩9,800 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period.
分析記事 • Dec 25Green Plus (KOSDAQ:186230) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Dec 10New 90-day high: ₩13,550The company is up 34% from its price of ₩10,125 on 11 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩920 per share.
分析記事 • Dec 07Is Green Plus Co., Ltd. (KOSDAQ:186230) Popular Amongst Insiders?If you want to know who really controls Green Plus Co., Ltd. ( KOSDAQ:186230 ), then you'll have to look at the makeup...
分析記事 • Nov 17Here's What To Make Of Green Plus' (KOSDAQ:186230) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 19% share price gain to ₩13,500, the stock is trading at a trailing P/E ratio of 51.6x, up from the previous P/E ratio of 43.2x. This compares to an average P/E of 20x in the Metals and Mining industry in South Korea. Total returns to shareholders over the past three years are 327%.
Is New 90 Day High Low • Nov 09New 90-day high: ₩12,250The company is up 42% from its price of ₩8,600 on 11 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩614 per share.
Is New 90 Day High Low • Oct 13New 90-day high: ₩22,150The company is up 28% from its price of ₩17,350 on 15 July 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩1,214 per share.