View Future GrowthSungmoon Electronics 過去の業績過去 基準チェック /26Sungmoon Electronicsは、平均年間9.4%の収益成長を遂げていますが、 Chemicals業界の収益は、年間 成長しています。収益は、平均年間1.1% 2.9%収益成長率で 成長しています。 Sungmoon Electronicsの自己資本利益率は4.6%であり、純利益率は3.7%です。主要情報9.44%収益成長率6.38%EPS成長率Chemicals 業界の成長13.95%収益成長率2.94%株主資本利益率4.58%ネット・マージン3.73%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩33.00 (vs ₩21.00 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩33.00 (up from ₩21.00 loss in 3Q 2024). Revenue: ₩11.5b (down 17% from 3Q 2024). Net income: ₩686.2m (up ₩1.12b from 3Q 2024). Profit margin: 6.0% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: ₩4.00 (vs ₩56.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩4.00 (down from ₩56.00 in 2Q 2024). Revenue: ₩14.6b (up 7.1% from 2Q 2024). Net income: ₩84.8m (down 93% from 2Q 2024). Profit margin: 0.6% (down from 8.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 20First quarter 2025 earnings released: EPS: ₩40.00 (vs ₩19.00 in 1Q 2024)First quarter 2025 results: EPS: ₩40.00 (up from ₩19.00 in 1Q 2024). Revenue: ₩13.5b (up 18% from 1Q 2024). Net income: ₩864.1m (up 42% from 1Q 2024). Profit margin: 6.4% (up from 5.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 20% per year.Reported Earnings • Mar 26Full year 2024 earnings released: EPS: ₩127 (vs ₩83.00 loss in FY 2023)Full year 2024 results: EPS: ₩127 (up from ₩83.00 loss in FY 2023). Revenue: ₩48.1b (up 6.7% from FY 2023). Net income: ₩2.71b (up ₩4.36b from FY 2023). Profit margin: 5.6% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% 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.分析記事 • Aug 26Sungmoon Electronics' (KRX:014910) Shareholders May Want To Dig Deeper Than Statutory ProfitThe recent earnings posted by Sungmoon Electronics Co., Ltd. ( KRX:014910 ) were solid, but the stock didn't move as...Reported Earnings • Mar 20Full year 2023 earnings released: ₩83.00 loss per share (vs ₩112 profit in FY 2022)Full year 2023 results: ₩83.00 loss per share (down from ₩112 profit in FY 2022). Revenue: ₩45.1b (down 9.8% from FY 2022). Net loss: ₩1.65b (down 181% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩2,360, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total returns to shareholders of 14% over the past three years.New Risk • May 12New 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 14% 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: Minor Risks High level of debt (52% net debt to equity). Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin). Market cap is less than US$100m (₩52.6b market cap, or US$35.3m).Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩2,065, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 16x in the Chemicals industry in South Korea. Total loss to shareholders of 5.1% over the past three years.New Risk • Mar 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 5.6% 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: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks High level of debt (52% net debt to equity). Profit margins are more than 30% lower than last year (3.7% net profit margin). Market cap is less than US$100m (₩34.6b market cap, or US$23.1m).お知らせ • Mar 10Sungmoon Electronics Co., Ltd., Annual General Meeting, Mar 26, 2026Sungmoon Electronics Co., Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 61, segyosandan-ro, gyeonggi-do, pyeongtaek South KoreaValuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to ₩1,505, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 13x in the Chemicals industry in South Korea. Total loss to shareholders of 11% over the past three years.お知らせ • Feb 21Sungmoon Electronics Co., Ltd. announces Annual dividendSungmoon Electronics Co., Ltd. announced Annual dividend of KRW 5.0000 per share, ex-date on December 29, 2025 and record date on December 31, 2025.Buy Or Sell Opportunity • Jan 21Now 24% undervaluedOver the last 90 days, the stock has risen 92% to ₩2,280. The fair value is estimated to be ₩3,004, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%.分析記事 • Jan 21The Return Trends At Sungmoon Electronics (KRX:014910) Look PromisingIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₩2,500, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 12x in the Chemicals industry in South Korea. Total returns to shareholders of 43% over the past three years.分析記事 • Dec 30Sungmoon Electronics Co., Ltd.'s (KRX:014910) Share Price Boosted 42% But Its Business Prospects Need A Lift TooSungmoon Electronics Co., Ltd. ( KRX:014910 ) shareholders would be excited to see that the share price has had a great...分析記事 • Dec 30Sungmoon Electronics Co., Ltd. (KRX:014910) Surges 42% Yet Its Low P/E Is No Reason For ExcitementSungmoon Electronics Co., Ltd. ( KRX:014910 ) shares have had a really impressive month, gaining 42% after a shaky...Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₩1,518, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 11x in the Chemicals industry in South Korea. Total loss to shareholders of 1.7% over the past three years.Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩33.00 (vs ₩21.00 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩33.00 (up from ₩21.00 loss in 3Q 2024). Revenue: ₩11.5b (down 17% from 3Q 2024). Net income: ₩686.2m (up ₩1.12b from 3Q 2024). Profit margin: 6.0% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: ₩4.00 (vs ₩56.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩4.00 (down from ₩56.00 in 2Q 2024). Revenue: ₩14.6b (up 7.1% from 2Q 2024). Net income: ₩84.8m (down 93% from 2Q 2024). Profit margin: 0.6% (down from 8.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 20First quarter 2025 earnings released: EPS: ₩40.00 (vs ₩19.00 in 1Q 2024)First quarter 2025 results: EPS: ₩40.00 (up from ₩19.00 in 1Q 2024). Revenue: ₩13.5b (up 18% from 1Q 2024). Net income: ₩864.1m (up 42% from 1Q 2024). Profit margin: 6.4% (up from 5.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 20% per year.Reported Earnings • Mar 26Full year 2024 earnings released: EPS: ₩127 (vs ₩83.00 loss in FY 2023)Full year 2024 results: EPS: ₩127 (up from ₩83.00 loss in FY 2023). Revenue: ₩48.1b (up 6.7% from FY 2023). Net income: ₩2.71b (up ₩4.36b from FY 2023). Profit margin: 5.6% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% 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 13Sungmoon Electronics Co., Ltd., Annual General Meeting, Mar 28, 2025Sungmoon Electronics Co., Ltd., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 61, segyosandan-ro, gyeonggi-do, pyeongtaek South Korea分析記事 • Jan 10Sungmoon Electronics (KRX:014910) Shareholders Will Want The ROCE Trajectory To ContinueWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...New Risk • Dec 09New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩21.5b market cap, or US$15.1m).分析記事 • Nov 15Some Shareholders Feeling Restless Over Sungmoon Electronics Co., Ltd.'s (KRX:014910) P/S RatioIt's not a stretch to say that Sungmoon Electronics Co., Ltd.'s ( KRX:014910 ) price-to-sales (or "P/S") ratio of 0.5x...New Risk • Sep 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). High level of non-cash earnings (25% accrual ratio). Minor Risks Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (₩26.7b market cap, or US$20.3m).分析記事 • Aug 26Sungmoon Electronics' (KRX:014910) Shareholders May Want To Dig Deeper Than Statutory ProfitThe recent earnings posted by Sungmoon Electronics Co., Ltd. ( KRX:014910 ) were solid, but the stock didn't move as...分析記事 • Aug 06Sungmoon Electronics (KRX:014910) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • May 07Sungmoon Electronics (KRX:014910) 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...Reported Earnings • Mar 20Full year 2023 earnings released: ₩83.00 loss per share (vs ₩112 profit in FY 2022)Full year 2023 results: ₩83.00 loss per share (down from ₩112 profit in FY 2022). Revenue: ₩45.1b (down 9.8% from FY 2022). Net loss: ₩1.65b (down 181% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Dec 20Upcoming dividend of ₩5.00 per share at 0.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 11 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.8%).Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₩6.00 (vs ₩60.00 in 3Q 2022)Third quarter 2023 results: EPS: ₩6.00 (down from ₩60.00 in 3Q 2022). Revenue: ₩8.49b (down 26% from 3Q 2022). Net income: ₩112.7m (down 91% from 3Q 2022). Profit margin: 1.3% (down from 11% 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 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Buying Opportunity • May 27Now 25% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be ₩3,006, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩1,865, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total returns to shareholders of 19% over the past three years.Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 38%After last week's 38% share price gain to ₩2,185, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 14x in the Chemicals industry in South Korea. Total returns to shareholders of 38% over the past three years.Upcoming Dividend • Dec 21Upcoming dividend of ₩5.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 11 April 2023. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩1,990, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total loss to shareholders of 29% over the past three years.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: ₩160 (vs ₩53.00 loss in FY 2020)Full year 2021 results: EPS: ₩160 (up from ₩53.00 loss in FY 2020). Revenue: ₩49.3b (up 30% from FY 2020). Net income: ₩2.91b (up ₩3.89b from FY 2020). Profit margin: 5.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩2,170, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 16x in the Chemicals industry in South Korea. Total loss to shareholders of 35% over the past three years.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩2,225, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 16x in the Chemicals industry in South Korea. Total loss to shareholders of 14% over the past three years.Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩2,830, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 20x in the Chemicals industry in South Korea. Total returns to shareholders of 19% over the past three years.分析記事 • Mar 29Would Sungmoon Electronics (KRX:014910) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Reported Earnings • Mar 12Full year 2020 earnings released: ₩53.00 loss per share (vs ₩102 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: ₩37.9b (up 5.4% from FY 2019). Net loss: ₩972.8m (loss narrowed 48% from FY 2019). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Jan 20New 90-day high: ₩2,085The company is up 5.0% from its price of ₩1,980 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 38% over the same period.Is New 90 Day High Low • Dec 28New 90-day low: ₩1,795The company is down 6.0% from its price of ₩1,915 on 29 September 2020. The South Korean market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 25% over the same period.分析記事 • Dec 14Sungmoon Electronics (KRX:014910) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...収支内訳Sungmoon Electronics 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:A014910 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 2553,6752,0036,46337330 Sep 2548,7653,0146,32441130 Jun 2551,0981,8956,51742031 Mar 2550,1342,9636,52140231 Dec 2448,0622,7086,32839930 Sep 2451,5091,8276,28241330 Jun 2446,1802,3715,90739931 Mar 2445,047-1,8366,47916431 Dec 2345,064-1,6425,16749030 Sep 2344,531-3,3874,95544830 Jun 2347,446-2,2194,92544531 Mar 2349,1632,3294,36968331 Dec 2249,9742,0345,52157330 Sep 2250,1113,9725,52257930 Jun 2251,1453,2215,60058531 Mar 2252,4062,9855,17557231 Dec 2149,3442,9124,99740730 Sep 2147,1481,5674,81248630 Jun 2143,7746474,45948631 Mar 2138,325-5464,30450831 Dec 2037,883-9764,26449130 Sep 2037,212-8644,38954130 Jun 2036,622-1,0354,53953831 Mar 2035,647-1,5914,62553331 Dec 1935,928-1,8574,65750130 Sep 1935,704-1,4264,51243330 Jun 1937,152-1,5834,57941531 Mar 1939,175-1554,11142331 Dec 1841,3332024,18441830 Sep 1842,925-2,2914,69845730 Jun 1844,570-1,4954,72851431 Mar 1845,415-2,1515,44749831 Dec 1746,069-2,6755,53452030 Sep 1746,657-245,49446130 Jun 1745,454-1,3035,51846031 Mar 1744,765-1,7195,47949331 Dec 1645,409-1,0525,51750330 Sep 1643,853-2,4305,62748430 Jun 1645,677-1,2755,71345331 Mar 1648,432-1,0715,87645331 Dec 1548,200-1,6745,90747530 Sep 1550,313-9835,78549430 Jun 1551,755-1,4275,902503質の高い収益: A014910は 高品質の収益 を持っています。利益率の向上: A014910の現在の純利益率 (3.7%)は、昨年(5.6%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: A014910過去 5 年間で収益を上げており、収益は年間9.4%増加しています。成長の加速: A014910は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: A014910は過去 1 年間で収益成長率がマイナス ( -26% ) となったため、 Chemicals業界平均 ( -3.2% ) と比較することが困難です。株主資本利益率高いROE: A014910の 自己資本利益率 ( 4.6% ) 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2026/05/22 11:49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Sungmoon Electronics 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
Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩33.00 (vs ₩21.00 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩33.00 (up from ₩21.00 loss in 3Q 2024). Revenue: ₩11.5b (down 17% from 3Q 2024). Net income: ₩686.2m (up ₩1.12b from 3Q 2024). Profit margin: 6.0% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: ₩4.00 (vs ₩56.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩4.00 (down from ₩56.00 in 2Q 2024). Revenue: ₩14.6b (up 7.1% from 2Q 2024). Net income: ₩84.8m (down 93% from 2Q 2024). Profit margin: 0.6% (down from 8.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 20First quarter 2025 earnings released: EPS: ₩40.00 (vs ₩19.00 in 1Q 2024)First quarter 2025 results: EPS: ₩40.00 (up from ₩19.00 in 1Q 2024). Revenue: ₩13.5b (up 18% from 1Q 2024). Net income: ₩864.1m (up 42% from 1Q 2024). Profit margin: 6.4% (up from 5.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 20% per year.
Reported Earnings • Mar 26Full year 2024 earnings released: EPS: ₩127 (vs ₩83.00 loss in FY 2023)Full year 2024 results: EPS: ₩127 (up from ₩83.00 loss in FY 2023). Revenue: ₩48.1b (up 6.7% from FY 2023). Net income: ₩2.71b (up ₩4.36b from FY 2023). Profit margin: 5.6% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% 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.
分析記事 • Aug 26Sungmoon Electronics' (KRX:014910) Shareholders May Want To Dig Deeper Than Statutory ProfitThe recent earnings posted by Sungmoon Electronics Co., Ltd. ( KRX:014910 ) were solid, but the stock didn't move as...
Reported Earnings • Mar 20Full year 2023 earnings released: ₩83.00 loss per share (vs ₩112 profit in FY 2022)Full year 2023 results: ₩83.00 loss per share (down from ₩112 profit in FY 2022). Revenue: ₩45.1b (down 9.8% from FY 2022). Net loss: ₩1.65b (down 181% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩2,360, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total returns to shareholders of 14% over the past three years.
New Risk • May 12New 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 14% 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: Minor Risks High level of debt (52% net debt to equity). Share price has been volatile over the past 3 months (14% average weekly change). Profit margins are more than 30% lower than last year (3.7% net profit margin). Market cap is less than US$100m (₩52.6b market cap, or US$35.3m).
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩2,065, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 16x in the Chemicals industry in South Korea. Total loss to shareholders of 5.1% over the past three years.
New Risk • Mar 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 5.6% 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: Major Risk Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks High level of debt (52% net debt to equity). Profit margins are more than 30% lower than last year (3.7% net profit margin). Market cap is less than US$100m (₩34.6b market cap, or US$23.1m).
お知らせ • Mar 10Sungmoon Electronics Co., Ltd., Annual General Meeting, Mar 26, 2026Sungmoon Electronics Co., Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 61, segyosandan-ro, gyeonggi-do, pyeongtaek South Korea
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to ₩1,505, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 13x in the Chemicals industry in South Korea. Total loss to shareholders of 11% over the past three years.
お知らせ • Feb 21Sungmoon Electronics Co., Ltd. announces Annual dividendSungmoon Electronics Co., Ltd. announced Annual dividend of KRW 5.0000 per share, ex-date on December 29, 2025 and record date on December 31, 2025.
Buy Or Sell Opportunity • Jan 21Now 24% undervaluedOver the last 90 days, the stock has risen 92% to ₩2,280. The fair value is estimated to be ₩3,004, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%.
分析記事 • Jan 21The Return Trends At Sungmoon Electronics (KRX:014910) Look PromisingIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₩2,500, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 12x in the Chemicals industry in South Korea. Total returns to shareholders of 43% over the past three years.
分析記事 • Dec 30Sungmoon Electronics Co., Ltd.'s (KRX:014910) Share Price Boosted 42% But Its Business Prospects Need A Lift TooSungmoon Electronics Co., Ltd. ( KRX:014910 ) shareholders would be excited to see that the share price has had a great...
分析記事 • Dec 30Sungmoon Electronics Co., Ltd. (KRX:014910) Surges 42% Yet Its Low P/E Is No Reason For ExcitementSungmoon Electronics Co., Ltd. ( KRX:014910 ) shares have had a really impressive month, gaining 42% after a shaky...
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improves as stock rises 36%After last week's 36% share price gain to ₩1,518, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 11x in the Chemicals industry in South Korea. Total loss to shareholders of 1.7% over the past three years.
Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩33.00 (vs ₩21.00 loss in 3Q 2024)Third quarter 2025 results: EPS: ₩33.00 (up from ₩21.00 loss in 3Q 2024). Revenue: ₩11.5b (down 17% from 3Q 2024). Net income: ₩686.2m (up ₩1.12b from 3Q 2024). Profit margin: 6.0% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 19Second quarter 2025 earnings released: EPS: ₩4.00 (vs ₩56.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩4.00 (down from ₩56.00 in 2Q 2024). Revenue: ₩14.6b (up 7.1% from 2Q 2024). Net income: ₩84.8m (down 93% from 2Q 2024). Profit margin: 0.6% (down from 8.5% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 20First quarter 2025 earnings released: EPS: ₩40.00 (vs ₩19.00 in 1Q 2024)First quarter 2025 results: EPS: ₩40.00 (up from ₩19.00 in 1Q 2024). Revenue: ₩13.5b (up 18% from 1Q 2024). Net income: ₩864.1m (up 42% from 1Q 2024). Profit margin: 6.4% (up from 5.3% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 20% per year.
Reported Earnings • Mar 26Full year 2024 earnings released: EPS: ₩127 (vs ₩83.00 loss in FY 2023)Full year 2024 results: EPS: ₩127 (up from ₩83.00 loss in FY 2023). Revenue: ₩48.1b (up 6.7% from FY 2023). Net income: ₩2.71b (up ₩4.36b from FY 2023). Profit margin: 5.6% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% 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 13Sungmoon Electronics Co., Ltd., Annual General Meeting, Mar 28, 2025Sungmoon Electronics Co., Ltd., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 61, segyosandan-ro, gyeonggi-do, pyeongtaek South Korea
分析記事 • Jan 10Sungmoon Electronics (KRX:014910) Shareholders Will Want The ROCE Trajectory To ContinueWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
New Risk • Dec 09New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩21.5b market cap, or US$15.1m).
分析記事 • Nov 15Some Shareholders Feeling Restless Over Sungmoon Electronics Co., Ltd.'s (KRX:014910) P/S RatioIt's not a stretch to say that Sungmoon Electronics Co., Ltd.'s ( KRX:014910 ) price-to-sales (or "P/S") ratio of 0.5x...
New Risk • Sep 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). High level of non-cash earnings (25% accrual ratio). Minor Risks Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Market cap is less than US$100m (₩26.7b market cap, or US$20.3m).
分析記事 • Aug 26Sungmoon Electronics' (KRX:014910) Shareholders May Want To Dig Deeper Than Statutory ProfitThe recent earnings posted by Sungmoon Electronics Co., Ltd. ( KRX:014910 ) were solid, but the stock didn't move as...
分析記事 • Aug 06Sungmoon Electronics (KRX:014910) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • May 07Sungmoon Electronics (KRX:014910) 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...
Reported Earnings • Mar 20Full year 2023 earnings released: ₩83.00 loss per share (vs ₩112 profit in FY 2022)Full year 2023 results: ₩83.00 loss per share (down from ₩112 profit in FY 2022). Revenue: ₩45.1b (down 9.8% from FY 2022). Net loss: ₩1.65b (down 181% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Dec 20Upcoming dividend of ₩5.00 per share at 0.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 11 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.8%).
Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: ₩6.00 (vs ₩60.00 in 3Q 2022)Third quarter 2023 results: EPS: ₩6.00 (down from ₩60.00 in 3Q 2022). Revenue: ₩8.49b (down 26% from 3Q 2022). Net income: ₩112.7m (down 91% from 3Q 2022). Profit margin: 1.3% (down from 11% 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 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Buying Opportunity • May 27Now 25% undervaluedOver the last 90 days, the stock is up 30%. The fair value is estimated to be ₩3,006, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩1,865, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total returns to shareholders of 19% over the past three years.
Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 38%After last week's 38% share price gain to ₩2,185, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 14x in the Chemicals industry in South Korea. Total returns to shareholders of 38% over the past three years.
Upcoming Dividend • Dec 21Upcoming dividend of ₩5.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 11 April 2023. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩1,990, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total loss to shareholders of 29% over the past three years.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: ₩160 (vs ₩53.00 loss in FY 2020)Full year 2021 results: EPS: ₩160 (up from ₩53.00 loss in FY 2020). Revenue: ₩49.3b (up 30% from FY 2020). Net income: ₩2.91b (up ₩3.89b from FY 2020). Profit margin: 5.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ₩2,170, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 16x in the Chemicals industry in South Korea. Total loss to shareholders of 35% over the past three years.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩2,225, the stock trades at a trailing P/E ratio of 25.9x. Average trailing P/E is 16x in the Chemicals industry in South Korea. Total loss to shareholders of 14% over the past three years.
Valuation Update With 7 Day Price Move • Oct 18Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₩2,830, the stock trades at a trailing P/E ratio of 79.7x. Average trailing P/E is 20x in the Chemicals industry in South Korea. Total returns to shareholders of 19% over the past three years.
分析記事 • Mar 29Would Sungmoon Electronics (KRX:014910) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Reported Earnings • Mar 12Full year 2020 earnings released: ₩53.00 loss per share (vs ₩102 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: ₩37.9b (up 5.4% from FY 2019). Net loss: ₩972.8m (loss narrowed 48% from FY 2019). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Jan 20New 90-day high: ₩2,085The company is up 5.0% from its price of ₩1,980 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 38% over the same period.
Is New 90 Day High Low • Dec 28New 90-day low: ₩1,795The company is down 6.0% from its price of ₩1,915 on 29 September 2020. The South Korean market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 25% over the same period.
分析記事 • Dec 14Sungmoon Electronics (KRX:014910) Is Making Moderate Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...