View Future GrowthN2TechLtd 過去の業績過去 基準チェック /26N2TechLtdは、平均年間8.2%の収益成長を遂げていますが、 Semiconductor業界の収益は、年間 成長しています。収益は、平均年間0.1% 19.6%収益成長率で 減少しています。 N2TechLtdの自己資本利益率は14.8%であり、純利益率は65.9%です。主要情報8.17%収益成長率25.20%EPS成長率Semiconductor 業界の成長23.50%収益成長率-19.62%株主資本利益率14.85%ネット・マージン65.93%前回の決算情報31 Dec 2025最近の業績更新分析記事 • Apr 01Statutory Earnings May Not Be The Best Way To Understand N2TechLtd's (KOSDAQ:227950) True PositionEven though N2Tech Co.,Ltd ( KOSDAQ:227950 ) posted strong earnings recently, the stock hasn't reacted in a large way...分析記事 • Mar 31N2TechLtd (KOSDAQ:227950) Is Posting Solid Earnings, But It Is Not All Good NewsSolid profit numbers didn't seem to be enough to please N2Tech Co.,Ltd's ( KOSDAQ:227950 ) shareholders. Our analysis...Reported Earnings • Nov 20First quarter 2023 earnings released: ₩31.70 loss per share (vs ₩34.46 loss in 1Q 2022)First quarter 2023 results: ₩31.70 loss per share. Revenue: ₩9.38b (up 47% from 1Q 2022). Net loss: ₩2.91b (loss widened 19% from 1Q 2022).Reported Earnings • Sep 30Full year 2022 earnings released: EPS: ₩56.70 (vs ₩180 loss in FY 2021)Full year 2022 results: EPS: ₩56.70 (up from ₩180 loss in FY 2021). Revenue: ₩29.6b (up 1.1% from FY 2021). Net income: ₩4.59b (up ₩14.4b from FY 2021). Profit margin: 16% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 20Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: ₩107 (up from ₩62.00 in 2Q 2021). Revenue: ₩17.2b (up 108% from 2Q 2021). Net income: ₩7.77b (up 140% from 2Q 2021). Profit margin: 45% (up from 39% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.Reported Earnings • Feb 19Second quarter 2021 earnings released: EPS ₩62.00 (vs ₩372 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₩8.27b (down 57% from 2Q 2020). Net income: ₩3.24b (up ₩17.3b from 2Q 2020). Profit margin: 39% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩482, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 25x in the Semiconductor industry in South Korea. Total loss to shareholders of 66% over the past three years.分析記事 • Apr 01Statutory Earnings May Not Be The Best Way To Understand N2TechLtd's (KOSDAQ:227950) True PositionEven though N2Tech Co.,Ltd ( KOSDAQ:227950 ) posted strong earnings recently, the stock hasn't reacted in a large way...New Risk • Apr 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). High level of non-cash earnings (36% accrual ratio). Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩73.2b market cap, or US$48.5m).お知らせ • Mar 17N2Tech Co.,Ltd, Annual General Meeting, Mar 31, 2026N2Tech Co.,Ltd, Annual General Meeting, Mar 31, 2026, at 08:00 Tokyo Standard Time. Location: conference room, 157, wondang-ro, wongok-myeon, gyeonggi-do, anseong South Korea分析記事 • Feb 11There's Reason For Concern Over N2Tech Co.,Ltd's (KOSDAQ:227950) Massive 29% Price JumpN2Tech Co.,Ltd ( KOSDAQ:227950 ) shares have had a really impressive month, gaining 29% after a shaky period...Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩383, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total loss to shareholders of 44% over the past three years.New Risk • Feb 05New 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 9.9% 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 Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩77.3b market cap, or US$52.8m).New Risk • Aug 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 10% 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 Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₩48.7b market cap, or US$35.2m).お知らせ • May 28N2Tech Co.,Ltd announced that it has received KRW 21.999999923 billion in funding from Eastgate Investment Co., Ltd.On May 26, 2025, N2Tech Co.,Ltd closed the transaction and issued 68,965,517 common shares at a price of KRW 319 for gross proceeds of KRW 21,999,999,923.お知らせ • Mar 18N2Tech Co.,Ltd, Annual General Meeting, Mar 31, 2025N2Tech Co.,Ltd, Annual General Meeting, Mar 31, 2025, at 08:00 Tokyo Standard Time. Location: conference room, 157, wondang-ro, wongok-myeon, gyeonggi-do, anseong South Koreaお知らせ • Nov 29Aprogen Medicines Inc. (KOSE:A007460) and G-Baise Inc. agreed to acquire 17.22% stake in Geolit Energy Co.,Ltd. (KOSDAQ:A270520) from N2Tech Co.,Ltd (KOSDAQ:A227950) for KRW 41 billion.Aprogen Medicines Inc. (KOSE:A007460) and G-Baise Inc. agreed to acquire 17.22% stake in Geolit Energy Co.,Ltd. (KOSDAQ:A270520) from N2Tech Co.,Ltd (KOSDAQ:A227950) for KRW 41 billion on November 27, 2024. A cash consideration valued at KRW 1,500 per share will be paid by Aprogen Medicines Inc. and G-Baise Inc. The expected completion of the transaction is January 9, 2025.分析記事 • Nov 11Subdued Growth No Barrier To N2Tech Co.,Ltd (KOSDAQ:227950) With Shares Advancing 26%N2Tech Co.,Ltd ( KOSDAQ:227950 ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...New Risk • Nov 11New 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 9.9% 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: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (₩58.2b market cap, or US$41.7m).分析記事 • Aug 07Lacklustre Performance Is Driving N2Tech Co.,Ltd's (KOSDAQ:227950) Low P/EWith a price-to-earnings (or "P/E") ratio of 6.1x N2Tech Co.,Ltd ( KOSDAQ:227950 ) may be sending bullish signals at...分析記事 • Mar 31N2TechLtd (KOSDAQ:227950) Is Posting Solid Earnings, But It Is Not All Good NewsSolid profit numbers didn't seem to be enough to please N2Tech Co.,Ltd's ( KOSDAQ:227950 ) shareholders. Our analysis...New Risk • Mar 01New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (₩72.8b market cap, or US$54.5m).Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩708, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 69% over the past three years.New Risk • Sep 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (₩82.0b market cap, or US$61.7m).Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩828, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 73% over the past three years.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to ₩1,325, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 45% over the past three years.Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 35%After last week's 35% share price gain to ₩939, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 49% over the past three years.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₩791, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 45% over the past three years.Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₩890, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 46% over the past three years.Reported Earnings • Nov 20First quarter 2023 earnings released: ₩31.70 loss per share (vs ₩34.46 loss in 1Q 2022)First quarter 2023 results: ₩31.70 loss per share. Revenue: ₩9.38b (up 47% from 1Q 2022). Net loss: ₩2.91b (loss widened 19% from 1Q 2022).Reported Earnings • Sep 30Full year 2022 earnings released: EPS: ₩56.70 (vs ₩180 loss in FY 2021)Full year 2022 results: EPS: ₩56.70 (up from ₩180 loss in FY 2021). Revenue: ₩29.6b (up 1.1% from FY 2021). Net income: ₩4.59b (up ₩14.4b from FY 2021). Profit margin: 16% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 20Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: ₩107 (up from ₩62.00 in 2Q 2021). Revenue: ₩17.2b (up 108% from 2Q 2021). Net income: ₩7.77b (up 140% from 2Q 2021). Profit margin: 45% (up from 39% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.お知らせ • Jun 18N2Tech Co., Ltd announced that it expects to receive KRW 20 billion in fundingN2Tech Co., Ltd (KOSDAQ:A227950) announced a private placement of series 15 bearer type non-guaranteed private placement convertible bonds for gross proceeds of KRW 10,000,000,000 and series 15 bearer type non-guaranteed private placement convertible bonds for gross proceeds of KRW 10,000,000,000 for aggregate gross proceeds of KRW 20,000,000,000 on June 17, 2021. The transaction will include participation from Raia Investment Association for series 15 bonds and Gluon Bond Investment Illim for series 16 bonds. The series 15 bonds maturity date is July 9, 2024 and the series 16 bonds maturity date is July 30, 2024. The surface interest rate and maturity rate is 2% each. The bonds are fully convertible into 4,468,275 shares each representing 6.30% stake of the company each, at a fixed conversion price of KRW 2,238 per share from July 9, 2022 to June 8, 2024 for series 15 bonds and July 30, 2022 to June 29, 2024 for series 16 bonds. The transaction has been approved by the board of directors. The payment date is July 9, 2021 for series 15 bonds and July 30, 2021 for series 16 bonds. The securities to be issued pursuant to the transaction are subject to the hold period of one year.分析記事 • Mar 02Does N2Tech (KOSDAQ:227950) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Feb 19Second quarter 2021 earnings released: EPS ₩62.00 (vs ₩372 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₩8.27b (down 57% from 2Q 2020). Net income: ₩3.24b (up ₩17.3b from 2Q 2020). Profit margin: 39% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses.Is New 90 Day High Low • Feb 17New 90-day low: ₩2,800The company is down 61% from its price of ₩7,250 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 33% over the same period.分析記事 • Jan 07Is N2Tech's (KOSDAQ:227950) Share Price Gain Of 126% Well Earned?N2Tech Co., Ltd ( KOSDAQ:227950 ) shareholders might be rather concerned because the share price has dropped 38% in the...お知らせ • Nov 14N2Tech Co., Ltd announced that it expects to receive KRW 5 billion in funding from S-MAC CO., Ltd.Microtech Co.,Ltd (KOSDAQ:A227950) announced a private placement of series 14 non-guaranteed private convertible bonds for gross proceeds of KRW 5,000,000,000 on November 13, 2020. The transaction will include participation from S-MAC CO., Ltd. (KOSDAQ : A097780). The bonds are redeemable, will be issued at par, will bear fixed coupon rate and yield to maturity rate of 2%, will mature on December 11, 2023. The bonds are 100% convertible into 933,706 shares representing 1.82 % stake of the company, at a fixed conversion price of KRW 5,355 per share from December 11, 2021 to November 10, 2023. The transaction has been approved by the board of directors. The payment date is December 11, 2020. The securities to be issued pursuant to the transaction are subject to the hold period of one year.Is New 90 Day High Low • Nov 13New 90-day high: ₩6,770The company is up 119% from its price of ₩3,085 on 14 August 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 6.0% over the same period.Is New 90 Day High Low • Oct 26New 90-day low: ₩2,350The company is down 24% from its price of ₩3,110 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 Semiconductor industry, which is flat over the same period.Is New 90 Day High Low • Sep 23New 90-day high: ₩3,600The company is up 10.0% from its price of ₩3,275 on 25 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is flat over the same period.お知らせ • Jul 30Aug Fund 1, Reverse Fund 1, Cordelia New Technology Fund 12, Ventus New Technology Fund 13 and MJ Holding Company Co., Ltd acquired a 11.6% stake in Microtech Co.,Ltd (KOSDAQ:A227950) from Sung-Tae Song and Ji-hyun Baek for KRW 14.4 billion.Aug Fund 1, Reverse Fund 1, Cordelia New Technology Fund 12, Ventus New Technology Fund 13 and MJ Holding Company Co., Ltd acquired a 11.6% stake in Microtech Co.,Ltd (KOSDAQ:A227950) from Sung-Tae Song and Ji-hyun Baek for KRW 14.4 billion on June 5, 2020. Aug Fund 1, Reverse Fund 1, Cordelia New Technology Fund 12, Ventus New Technology Fund 13 and MJ Holding Company Co., Ltd completed the acquisition of a 11.6% stake in Microtech Co.,Ltd (KOSDAQ:A227950) from Sung-Tae Song and Ji-hyun Baek on June 5, 2020.お知らせ • Jun 30Microtech Co.,Ltd announced that it expects to receive KRW 10 billion in funding from Korea Bond Investment Advisory Co., Ltd.Microtech Co.,Ltd (KOSDAQ:A227950) announced a private placement of series 12 non-guaranteed private equity convertible bond for gross proceeds of KRW 10,000,000,000 on June 29, 2020. The transaction will include participation from returning investor Korea Bond Investment Advisory Co., Ltd. The coupon rate and interest rate is 2%. The bonds will mature on July 15, 2023. The bonds are 100% convertible into 2,994,011 shares at a conversion price of KRW 3,340 from July 15, 2021 to June 14, 2023. The subscription date is June 29, 2020 and payment date is July 15, 2020. The transaction has been approved by the board of directors.収支内訳N2TechLtd 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:A227950 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 2528,76418,9633,77936030 Sep 2525,6578313,51738330 Jun 2524,823-5,1233,87039431 Mar 2516,591-15,2484,09241131 Dec 2413,614-27,1374,03241530 Sep 2412,500-25,4194,55643530 Jun 2411,679-19,3054,47647131 Mar 2411,3847,4274,90648331 Dec 2313,0558,7865,44947831 Dec 2242,8111,59710,43792130 Sep 2232,5474,1165,74782830 Jun 2229,5664,5894,77574731 Mar 2239,944-6,0983,88994531 Dec 2139,941-4,6203,69973930 Sep 2131,007-9,1574,20252630 Jun 2129,245-9,8384,11549331 Mar 2144,601-15,9307,00430231 Dec 2054,170-14,0356,62146630 Sep 2059,361-21,2446,17374630 Jun 2057,475-19,5325,40773330 Jun 1911,807-11,5204,11269331 Mar 1914,752-5,5673,46654031 Dec 1819,116-4,7543,15647931 Dec 1721,5421,4971,992251質の高い収益: A227950 非現金収入 のレベルが高いです。利益率の向上: A227950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: A227950過去 5 年間で収益を上げており、収益は年間8.2%増加しています。成長の加速: A227950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: A227950昨年収益を上げたため、昨年の収益成長をSemiconductor業界 ( -3% ) と比較することは困難です。株主資本利益率高いROE: A227950の 自己資本利益率 ( 14.8% ) 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7D1Y7D1Y7D1YSemiconductors 、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2026/05/21 03:36終値2026/04/30 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N2Tech 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
分析記事 • Apr 01Statutory Earnings May Not Be The Best Way To Understand N2TechLtd's (KOSDAQ:227950) True PositionEven though N2Tech Co.,Ltd ( KOSDAQ:227950 ) posted strong earnings recently, the stock hasn't reacted in a large way...
分析記事 • Mar 31N2TechLtd (KOSDAQ:227950) Is Posting Solid Earnings, But It Is Not All Good NewsSolid profit numbers didn't seem to be enough to please N2Tech Co.,Ltd's ( KOSDAQ:227950 ) shareholders. Our analysis...
Reported Earnings • Nov 20First quarter 2023 earnings released: ₩31.70 loss per share (vs ₩34.46 loss in 1Q 2022)First quarter 2023 results: ₩31.70 loss per share. Revenue: ₩9.38b (up 47% from 1Q 2022). Net loss: ₩2.91b (loss widened 19% from 1Q 2022).
Reported Earnings • Sep 30Full year 2022 earnings released: EPS: ₩56.70 (vs ₩180 loss in FY 2021)Full year 2022 results: EPS: ₩56.70 (up from ₩180 loss in FY 2021). Revenue: ₩29.6b (up 1.1% from FY 2021). Net income: ₩4.59b (up ₩14.4b from FY 2021). Profit margin: 16% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 20Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: ₩107 (up from ₩62.00 in 2Q 2021). Revenue: ₩17.2b (up 108% from 2Q 2021). Net income: ₩7.77b (up 140% from 2Q 2021). Profit margin: 45% (up from 39% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.
Reported Earnings • Feb 19Second quarter 2021 earnings released: EPS ₩62.00 (vs ₩372 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₩8.27b (down 57% from 2Q 2020). Net income: ₩3.24b (up ₩17.3b from 2Q 2020). Profit margin: 39% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩482, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 25x in the Semiconductor industry in South Korea. Total loss to shareholders of 66% over the past three years.
分析記事 • Apr 01Statutory Earnings May Not Be The Best Way To Understand N2TechLtd's (KOSDAQ:227950) True PositionEven though N2Tech Co.,Ltd ( KOSDAQ:227950 ) posted strong earnings recently, the stock hasn't reacted in a large way...
New Risk • Apr 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). High level of non-cash earnings (36% accrual ratio). Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩73.2b market cap, or US$48.5m).
お知らせ • Mar 17N2Tech Co.,Ltd, Annual General Meeting, Mar 31, 2026N2Tech Co.,Ltd, Annual General Meeting, Mar 31, 2026, at 08:00 Tokyo Standard Time. Location: conference room, 157, wondang-ro, wongok-myeon, gyeonggi-do, anseong South Korea
分析記事 • Feb 11There's Reason For Concern Over N2Tech Co.,Ltd's (KOSDAQ:227950) Massive 29% Price JumpN2Tech Co.,Ltd ( KOSDAQ:227950 ) shares have had a really impressive month, gaining 29% after a shaky period...
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩383, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total loss to shareholders of 44% over the past three years.
New Risk • Feb 05New 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 9.9% 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 Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩77.3b market cap, or US$52.8m).
New Risk • Aug 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 10% 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 Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₩48.7b market cap, or US$35.2m).
お知らせ • May 28N2Tech Co.,Ltd announced that it has received KRW 21.999999923 billion in funding from Eastgate Investment Co., Ltd.On May 26, 2025, N2Tech Co.,Ltd closed the transaction and issued 68,965,517 common shares at a price of KRW 319 for gross proceeds of KRW 21,999,999,923.
お知らせ • Mar 18N2Tech Co.,Ltd, Annual General Meeting, Mar 31, 2025N2Tech Co.,Ltd, Annual General Meeting, Mar 31, 2025, at 08:00 Tokyo Standard Time. Location: conference room, 157, wondang-ro, wongok-myeon, gyeonggi-do, anseong South Korea
お知らせ • Nov 29Aprogen Medicines Inc. (KOSE:A007460) and G-Baise Inc. agreed to acquire 17.22% stake in Geolit Energy Co.,Ltd. (KOSDAQ:A270520) from N2Tech Co.,Ltd (KOSDAQ:A227950) for KRW 41 billion.Aprogen Medicines Inc. (KOSE:A007460) and G-Baise Inc. agreed to acquire 17.22% stake in Geolit Energy Co.,Ltd. (KOSDAQ:A270520) from N2Tech Co.,Ltd (KOSDAQ:A227950) for KRW 41 billion on November 27, 2024. A cash consideration valued at KRW 1,500 per share will be paid by Aprogen Medicines Inc. and G-Baise Inc. The expected completion of the transaction is January 9, 2025.
分析記事 • Nov 11Subdued Growth No Barrier To N2Tech Co.,Ltd (KOSDAQ:227950) With Shares Advancing 26%N2Tech Co.,Ltd ( KOSDAQ:227950 ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...
New Risk • Nov 11New 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 9.9% 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: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (₩58.2b market cap, or US$41.7m).
分析記事 • Aug 07Lacklustre Performance Is Driving N2Tech Co.,Ltd's (KOSDAQ:227950) Low P/EWith a price-to-earnings (or "P/E") ratio of 6.1x N2Tech Co.,Ltd ( KOSDAQ:227950 ) may be sending bullish signals at...
分析記事 • Mar 31N2TechLtd (KOSDAQ:227950) Is Posting Solid Earnings, But It Is Not All Good NewsSolid profit numbers didn't seem to be enough to please N2Tech Co.,Ltd's ( KOSDAQ:227950 ) shareholders. Our analysis...
New Risk • Mar 01New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2022 fiscal period end). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (₩72.8b market cap, or US$54.5m).
Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩708, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 69% over the past three years.
New Risk • Sep 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (₩82.0b market cap, or US$61.7m).
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₩828, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 73% over the past three years.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to ₩1,325, the stock trades at a trailing P/E ratio of 76x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 45% over the past three years.
Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 35%After last week's 35% share price gain to ₩939, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total loss to shareholders of 49% over the past three years.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₩791, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 45% over the past three years.
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improved over the past weekAfter last week's 24% share price gain to ₩890, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total loss to shareholders of 46% over the past three years.
Reported Earnings • Nov 20First quarter 2023 earnings released: ₩31.70 loss per share (vs ₩34.46 loss in 1Q 2022)First quarter 2023 results: ₩31.70 loss per share. Revenue: ₩9.38b (up 47% from 1Q 2022). Net loss: ₩2.91b (loss widened 19% from 1Q 2022).
Reported Earnings • Sep 30Full year 2022 earnings released: EPS: ₩56.70 (vs ₩180 loss in FY 2021)Full year 2022 results: EPS: ₩56.70 (up from ₩180 loss in FY 2021). Revenue: ₩29.6b (up 1.1% from FY 2021). Net income: ₩4.59b (up ₩14.4b from FY 2021). Profit margin: 16% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 20Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: EPS: ₩107 (up from ₩62.00 in 2Q 2021). Revenue: ₩17.2b (up 108% from 2Q 2021). Net income: ₩7.77b (up 140% from 2Q 2021). Profit margin: 45% (up from 39% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year.
お知らせ • Jun 18N2Tech Co., Ltd announced that it expects to receive KRW 20 billion in fundingN2Tech Co., Ltd (KOSDAQ:A227950) announced a private placement of series 15 bearer type non-guaranteed private placement convertible bonds for gross proceeds of KRW 10,000,000,000 and series 15 bearer type non-guaranteed private placement convertible bonds for gross proceeds of KRW 10,000,000,000 for aggregate gross proceeds of KRW 20,000,000,000 on June 17, 2021. The transaction will include participation from Raia Investment Association for series 15 bonds and Gluon Bond Investment Illim for series 16 bonds. The series 15 bonds maturity date is July 9, 2024 and the series 16 bonds maturity date is July 30, 2024. The surface interest rate and maturity rate is 2% each. The bonds are fully convertible into 4,468,275 shares each representing 6.30% stake of the company each, at a fixed conversion price of KRW 2,238 per share from July 9, 2022 to June 8, 2024 for series 15 bonds and July 30, 2022 to June 29, 2024 for series 16 bonds. The transaction has been approved by the board of directors. The payment date is July 9, 2021 for series 15 bonds and July 30, 2021 for series 16 bonds. The securities to be issued pursuant to the transaction are subject to the hold period of one year.
分析記事 • Mar 02Does N2Tech (KOSDAQ:227950) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Feb 19Second quarter 2021 earnings released: EPS ₩62.00 (vs ₩372 loss in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₩8.27b (down 57% from 2Q 2020). Net income: ₩3.24b (up ₩17.3b from 2Q 2020). Profit margin: 39% (up from net loss in 2Q 2020). The move to profitability was driven by lower expenses.
Is New 90 Day High Low • Feb 17New 90-day low: ₩2,800The company is down 61% from its price of ₩7,250 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 33% over the same period.
分析記事 • Jan 07Is N2Tech's (KOSDAQ:227950) Share Price Gain Of 126% Well Earned?N2Tech Co., Ltd ( KOSDAQ:227950 ) shareholders might be rather concerned because the share price has dropped 38% in the...
お知らせ • Nov 14N2Tech Co., Ltd announced that it expects to receive KRW 5 billion in funding from S-MAC CO., Ltd.Microtech Co.,Ltd (KOSDAQ:A227950) announced a private placement of series 14 non-guaranteed private convertible bonds for gross proceeds of KRW 5,000,000,000 on November 13, 2020. The transaction will include participation from S-MAC CO., Ltd. (KOSDAQ : A097780). The bonds are redeemable, will be issued at par, will bear fixed coupon rate and yield to maturity rate of 2%, will mature on December 11, 2023. The bonds are 100% convertible into 933,706 shares representing 1.82 % stake of the company, at a fixed conversion price of KRW 5,355 per share from December 11, 2021 to November 10, 2023. The transaction has been approved by the board of directors. The payment date is December 11, 2020. The securities to be issued pursuant to the transaction are subject to the hold period of one year.
Is New 90 Day High Low • Nov 13New 90-day high: ₩6,770The company is up 119% from its price of ₩3,085 on 14 August 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Oct 26New 90-day low: ₩2,350The company is down 24% from its price of ₩3,110 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 Semiconductor industry, which is flat over the same period.
Is New 90 Day High Low • Sep 23New 90-day high: ₩3,600The company is up 10.0% from its price of ₩3,275 on 25 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is flat over the same period.
お知らせ • Jul 30Aug Fund 1, Reverse Fund 1, Cordelia New Technology Fund 12, Ventus New Technology Fund 13 and MJ Holding Company Co., Ltd acquired a 11.6% stake in Microtech Co.,Ltd (KOSDAQ:A227950) from Sung-Tae Song and Ji-hyun Baek for KRW 14.4 billion.Aug Fund 1, Reverse Fund 1, Cordelia New Technology Fund 12, Ventus New Technology Fund 13 and MJ Holding Company Co., Ltd acquired a 11.6% stake in Microtech Co.,Ltd (KOSDAQ:A227950) from Sung-Tae Song and Ji-hyun Baek for KRW 14.4 billion on June 5, 2020. Aug Fund 1, Reverse Fund 1, Cordelia New Technology Fund 12, Ventus New Technology Fund 13 and MJ Holding Company Co., Ltd completed the acquisition of a 11.6% stake in Microtech Co.,Ltd (KOSDAQ:A227950) from Sung-Tae Song and Ji-hyun Baek on June 5, 2020.
お知らせ • Jun 30Microtech Co.,Ltd announced that it expects to receive KRW 10 billion in funding from Korea Bond Investment Advisory Co., Ltd.Microtech Co.,Ltd (KOSDAQ:A227950) announced a private placement of series 12 non-guaranteed private equity convertible bond for gross proceeds of KRW 10,000,000,000 on June 29, 2020. The transaction will include participation from returning investor Korea Bond Investment Advisory Co., Ltd. The coupon rate and interest rate is 2%. The bonds will mature on July 15, 2023. The bonds are 100% convertible into 2,994,011 shares at a conversion price of KRW 3,340 from July 15, 2021 to June 14, 2023. The subscription date is June 29, 2020 and payment date is July 15, 2020. The transaction has been approved by the board of directors.