View Future GrowthUnion 過去の業績過去 基準チェック /26Unionの収益は年間平均-49.5%の割合で減少していますが、 Basic Materials業界の収益は年間 増加しています。収益は年間4.4% 0.8%割合で 増加しています。 Unionの自己資本利益率は19.7%であり、純利益率は11.5%です。主要情報-49.52%収益成長率-49.62%EPS成長率Basic Materials 業界の成長24.67%収益成長率0.84%株主資本利益率19.73%ネット・マージン11.54%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩169 (vs ₩66.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩169 (up from ₩66.00 in 2Q 2024). Revenue: ₩54.5b (down 2.8% from 2Q 2024). Net income: ₩2.63b (up 156% from 2Q 2024). Profit margin: 4.8% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.分析記事 • Mar 30Union's (KRX:000910) Solid Earnings May Rest On Weak FoundationsUnion Corporation's ( KRX:000910 ) robust recent earnings didn't do much to move the stock. We believe that...分析記事 • Mar 31There Are Some Holes In Union's (KRX:000910) Solid Earnings ReleaseUnion Corporation ( KRX:000910 ) posted some decent earnings, but shareholders didn't react strongly. Our analysis has...すべての更新を表示Recent updatesNew Risk • Apr 04New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x 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 (1.2x net interest cover). Minor Risks Paying a dividend despite being loss-making. Large one-off items impacting financial results. Market cap is less than US$100m (₩68.2b market cap, or US$45.2m).お知らせ • Mar 10Union Corporation, Annual General Meeting, Mar 27, 2026Union Corporation, Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 94, sogong-ro, jung-gu, seoul South KoreaUpcoming Dividend • Dec 22Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 April 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.9%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (4.6%).Declared Dividend • Nov 08Dividend of ₩125 announcedDividend of ₩125 is the same as last year. Ex-date: 29th December 2025 Payment date: 16th April 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (13% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 6 years and payments have been stable during that time.お知らせ • Nov 07Union Corporation announces Annual dividend, payable on April 16, 2026Union Corporation announced Annual dividend of KRW 125.0000 per share payable on April 16, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.New Risk • Oct 13New 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 8.0% 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 48% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩92.6b market cap, or US$64.9m).分析記事 • Oct 10Some Confidence Is Lacking In Union Corporation's (KRX:000910) P/SIt's not a stretch to say that Union Corporation's ( KRX:000910 ) price-to-sales (or "P/S") ratio of 0.4x seems quite...Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩169 (vs ₩66.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩169 (up from ₩66.00 in 2Q 2024). Revenue: ₩54.5b (down 2.8% from 2Q 2024). Net income: ₩2.63b (up 156% from 2Q 2024). Profit margin: 4.8% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.分析記事 • Apr 08Is Union (KRX:000910) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Mar 12Union Corporation, Annual General Meeting, Mar 28, 2025Union Corporation, Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 94, sogong-ro, jung-gu, seoul South Korea分析記事 • Feb 03What Union Corporation's (KRX:000910) 25% Share Price Gain Is Not Telling YouUnion Corporation ( KRX:000910 ) shares have continued their recent momentum with a 25% gain in the last month alone...分析記事 • Feb 03Union Corporation (KRX:000910) Stock Rockets 25% As Investors Are Less Pessimistic Than ExpectedUnion Corporation ( KRX:000910 ) shares have continued their recent momentum with a 25% gain in the last month alone...New Risk • Feb 03New 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 12% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩100.5b market cap, or US$68.6m).Upcoming Dividend • Dec 20Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (4.3%).New Risk • Nov 29New 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 8.4% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₩77.4b market cap, or US$55.5m).New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 2.4% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (₩74.9b market cap, or US$53.3m).分析記事 • Oct 16Is Union (KRX:000910) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Aug 06It's A Story Of Risk Vs Reward With Union Corporation (KRX:000910)With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Basic Materials industry in Korea, you could be...分析記事 • Mar 30Union's (KRX:000910) Solid Earnings May Rest On Weak FoundationsUnion Corporation's ( KRX:000910 ) robust recent earnings didn't do much to move the stock. We believe that...Upcoming Dividend • Dec 20Upcoming dividend of ₩125 per share at 2.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (4.3%).New Risk • Dec 07New 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 8.6% 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 Debt is not well covered by operating cash flow (0.09% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩92.1b market cap, or US$69.8m).Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩6,170, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 10x in the Basic Materials industry in South Korea. Negligible returns to shareholders over past three years.Upcoming Dividend • Dec 21Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 13 April 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.7%).Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO, VP & Director Woo Sun Lee was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩5,970, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 12x in the Basic Materials industry in South Korea. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩4,750, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 12x in the Basic Materials industry in South Korea. Total returns to shareholders of 6.1% over the past three years.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. CEO, VP & Director Woo Sun Lee was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Dec 22Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 14 April 2022. Payout ratio is a comfortable 3.7% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.7%).Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩7,730, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 19x in the Basic Materials industry in South Korea. Total returns to shareholders of 108% over the past three years.分析記事 • Apr 28Union (KRX:000910) Might Have The Makings Of A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Mar 31There Are Some Holes In Union's (KRX:000910) Solid Earnings ReleaseUnion Corporation ( KRX:000910 ) posted some decent earnings, but shareholders didn't react strongly. Our analysis has...お知らせ • Mar 18Union Corporation, Annual General Meeting, Mar 31, 2021Union Corporation, Annual General Meeting, Mar 31, 2021, at 10:00 Korea Standard Time.分析記事 • Mar 03Something To Consider Before Buying Union Corporation (KRX:000910) For The 1.2% DividendCould Union Corporation ( KRX:000910 ) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Feb 19New 90-day high: ₩8,240The company is up 30% from its price of ₩6,350 on 20 November 2020. The South Korean market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 58% over the same period.分析記事 • Feb 10Union (KRX:000910) Seems To Be Using A Lot Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jan 15What Do The Returns At Union (KRX:000910) Mean Going Forward?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Is New 90 Day High Low • Jan 11New 90-day low: ₩5,610The company is down 29% from its price of ₩7,930 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 29% over the same period.Upcoming Dividend • Dec 22Upcoming Dividend of ₩100.00 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.7% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (2.4%).Is New 90 Day High Low • Dec 22New 90-day low: ₩5,950The company is down 21% from its price of ₩7,550 on 23 September 2020. The South Korean market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 18% over the same period.分析記事 • Dec 20If You Had Bought Union (KRX:000910) Stock Three Years Ago, You Could Pocket A 57% Gain TodayWhile Union Corporation ( KRX:000910 ) shareholders are probably generally happy, the stock hasn't had particularly...分析記事 • Nov 24Is Union Corporation (KRX:000910) At Risk Of Cutting Its Dividend?Could Union Corporation (KRX:000910) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Nov 11New 90-day low: ₩6,380The company is down 37% from its price of ₩10,050 on 13 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 9.0% over the same period.Is New 90 Day High Low • Oct 26New 90-day low: ₩6,800The company is down 18% from its price of ₩8,310 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 3.0% over the same period.収支内訳Union の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史KOSE:A000910 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 25202,40123,35523,6992,97830 Sep 25208,082-14,05029,0133,35430 Jun 25212,384-29,98428,8303,40731 Mar 25213,954-31,59129,2813,57831 Dec 24218,159-41,96430,7363,72830 Sep 24220,793-20,18527,3033,61330 Jun 24223,562-15,39827,0253,71231 Mar 24226,647-10,23626,4203,58631 Dec 23224,6507,30124,9453,65530 Sep 23228,8343,80424,7563,57830 Jun 23230,486-14,62625,0443,40731 Mar 23233,044-1,34626,4583,20531 Dec 22234,981-10,11126,8613,01230 Sep 22230,279-30,49627,2092,98130 Jun 22226,09416,70926,8043,03531 Mar 22220,793-3,68525,3943,01131 Dec 21215,9238,52124,1653,02030 Sep 21210,59952,33323,3522,89930 Jun 21203,65938,10322,0562,71631 Mar 21190,24140,38320,5142,72031 Dec 20189,19314,40820,7442,73830 Sep 20188,810-4,28920,6813,22930 Jun 20199,505-22,42021,4323,36531 Mar 20210,216-20,44922,2443,43731 Dec 19210,086-15,04822,3223,48430 Sep 19215,020-39,67922,5813,26230 Jun 19209,564-27,13022,1923,23831 Mar 19209,830-54,84022,5133,28231 Dec 18208,863-38,09222,5483,20230 Sep 18204,237-8,27122,7933,48530 Jun 18205,497-10,78523,0193,65431 Mar 18208,91615,49123,0343,84431 Dec 17181,1395,04619,8993,41730 Sep 17153,01044617,4252,54730 Jun 17122,1266613,4721,88231 Mar 1790,964-72410,3631,22431 Dec 1692,313-64910,5421,20130 Jun 1697,503-3,57111,3951,22331 Mar 1697,296-2,98411,4381,19931 Dec 15100,482-2,91011,3441,29430 Sep 15106,2572,08411,5141,35930 Jun 15112,1343,86411,6431,383質の高い収益: A000910には₩31.1B } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st December, 2025に影響を及ぼしています。利益率の向上: A000910過去に利益を上げました。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: A000910過去 5 年間で収益を上げており、収益は年間-49.5%増加しています。成長の加速: A000910は昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: A000910昨年収益を上げたため、昨年の収益成長をBasic Materials業界 ( -59.7% ) と比較することは困難です。株主資本利益率高いROE: A000910の 自己資本利益率 ( 19.7% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘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2026/05/23 03:33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Union Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩169 (vs ₩66.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩169 (up from ₩66.00 in 2Q 2024). Revenue: ₩54.5b (down 2.8% from 2Q 2024). Net income: ₩2.63b (up 156% from 2Q 2024). Profit margin: 4.8% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 30Union's (KRX:000910) Solid Earnings May Rest On Weak FoundationsUnion Corporation's ( KRX:000910 ) robust recent earnings didn't do much to move the stock. We believe that...
分析記事 • Mar 31There Are Some Holes In Union's (KRX:000910) Solid Earnings ReleaseUnion Corporation ( KRX:000910 ) posted some decent earnings, but shareholders didn't react strongly. Our analysis has...
New Risk • Apr 04New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x 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 (1.2x net interest cover). Minor Risks Paying a dividend despite being loss-making. Large one-off items impacting financial results. Market cap is less than US$100m (₩68.2b market cap, or US$45.2m).
お知らせ • Mar 10Union Corporation, Annual General Meeting, Mar 27, 2026Union Corporation, Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 94, sogong-ro, jung-gu, seoul South Korea
Upcoming Dividend • Dec 22Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 April 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.9%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (4.6%).
Declared Dividend • Nov 08Dividend of ₩125 announcedDividend of ₩125 is the same as last year. Ex-date: 29th December 2025 Payment date: 16th April 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (13% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 6 years and payments have been stable during that time.
お知らせ • Nov 07Union Corporation announces Annual dividend, payable on April 16, 2026Union Corporation announced Annual dividend of KRW 125.0000 per share payable on April 16, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
New Risk • Oct 13New 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 8.0% 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 48% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩92.6b market cap, or US$64.9m).
分析記事 • Oct 10Some Confidence Is Lacking In Union Corporation's (KRX:000910) P/SIt's not a stretch to say that Union Corporation's ( KRX:000910 ) price-to-sales (or "P/S") ratio of 0.4x seems quite...
Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩169 (vs ₩66.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩169 (up from ₩66.00 in 2Q 2024). Revenue: ₩54.5b (down 2.8% from 2Q 2024). Net income: ₩2.63b (up 156% from 2Q 2024). Profit margin: 4.8% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 08Is Union (KRX:000910) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Mar 12Union Corporation, Annual General Meeting, Mar 28, 2025Union Corporation, Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 94, sogong-ro, jung-gu, seoul South Korea
分析記事 • Feb 03What Union Corporation's (KRX:000910) 25% Share Price Gain Is Not Telling YouUnion Corporation ( KRX:000910 ) shares have continued their recent momentum with a 25% gain in the last month alone...
分析記事 • Feb 03Union Corporation (KRX:000910) Stock Rockets 25% As Investors Are Less Pessimistic Than ExpectedUnion Corporation ( KRX:000910 ) shares have continued their recent momentum with a 25% gain in the last month alone...
New Risk • Feb 03New 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 12% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩100.5b market cap, or US$68.6m).
Upcoming Dividend • Dec 20Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (4.3%).
New Risk • Nov 29New 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 8.4% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₩77.4b market cap, or US$55.5m).
New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 2.4% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (₩74.9b market cap, or US$53.3m).
分析記事 • Oct 16Is Union (KRX:000910) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Aug 06It's A Story Of Risk Vs Reward With Union Corporation (KRX:000910)With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Basic Materials industry in Korea, you could be...
分析記事 • Mar 30Union's (KRX:000910) Solid Earnings May Rest On Weak FoundationsUnion Corporation's ( KRX:000910 ) robust recent earnings didn't do much to move the stock. We believe that...
Upcoming Dividend • Dec 20Upcoming dividend of ₩125 per share at 2.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (4.3%).
New Risk • Dec 07New 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 8.6% 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 Debt is not well covered by operating cash flow (0.09% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩92.1b market cap, or US$69.8m).
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩6,170, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 10x in the Basic Materials industry in South Korea. Negligible returns to shareholders over past three years.
Upcoming Dividend • Dec 21Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 13 April 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.7%).
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO, VP & Director Woo Sun Lee was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩5,970, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 12x in the Basic Materials industry in South Korea. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩4,750, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 12x in the Basic Materials industry in South Korea. Total returns to shareholders of 6.1% over the past three years.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. CEO, VP & Director Woo Sun Lee was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Dec 22Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 14 April 2022. Payout ratio is a comfortable 3.7% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.7%).
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩7,730, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 19x in the Basic Materials industry in South Korea. Total returns to shareholders of 108% over the past three years.
分析記事 • Apr 28Union (KRX:000910) Might Have The Makings Of A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Mar 31There Are Some Holes In Union's (KRX:000910) Solid Earnings ReleaseUnion Corporation ( KRX:000910 ) posted some decent earnings, but shareholders didn't react strongly. Our analysis has...
お知らせ • Mar 18Union Corporation, Annual General Meeting, Mar 31, 2021Union Corporation, Annual General Meeting, Mar 31, 2021, at 10:00 Korea Standard Time.
分析記事 • Mar 03Something To Consider Before Buying Union Corporation (KRX:000910) For The 1.2% DividendCould Union Corporation ( KRX:000910 ) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Feb 19New 90-day high: ₩8,240The company is up 30% from its price of ₩6,350 on 20 November 2020. The South Korean market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 58% over the same period.
分析記事 • Feb 10Union (KRX:000910) Seems To Be Using A Lot Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jan 15What Do The Returns At Union (KRX:000910) Mean Going Forward?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Is New 90 Day High Low • Jan 11New 90-day low: ₩5,610The company is down 29% from its price of ₩7,930 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 29% over the same period.
Upcoming Dividend • Dec 22Upcoming Dividend of ₩100.00 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.7% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (2.4%).
Is New 90 Day High Low • Dec 22New 90-day low: ₩5,950The company is down 21% from its price of ₩7,550 on 23 September 2020. The South Korean market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 18% over the same period.
分析記事 • Dec 20If You Had Bought Union (KRX:000910) Stock Three Years Ago, You Could Pocket A 57% Gain TodayWhile Union Corporation ( KRX:000910 ) shareholders are probably generally happy, the stock hasn't had particularly...
分析記事 • Nov 24Is Union Corporation (KRX:000910) At Risk Of Cutting Its Dividend?Could Union Corporation (KRX:000910) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Nov 11New 90-day low: ₩6,380The company is down 37% from its price of ₩10,050 on 13 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 9.0% over the same period.
Is New 90 Day High Low • Oct 26New 90-day low: ₩6,800The company is down 18% from its price of ₩8,310 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 3.0% over the same period.