New Risk • Aug 14
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₩23b This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-₩23b). Market cap is less than US$10m (₩4.00b market cap, or US$2.82m). Board Change • Aug 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. お知らせ • Jun 03
Syswork Co., Ltd announced that it has received KRW 10 billion in funding from Zebra Investment Management Co., Ltd., YR Invest Co., Ltd and another investor Syswork Co., Ltd (KOSDAQ:A269620) announced a private placement of 6th Unregistered Coupon Nonguaranteed Private Placement Convertible Bond for gross proceeds of KRW 10,000,000,000 on June 2, 2021. The transaction will involve participation from new investors, including Zebra Investment Management Co., Ltd. for KRW 6,000,000,000, YR Invest Co., Ltd for KRW 1,000,000,000, Rudiska Fund for KRW 3,000,000,000. The bonds will be fully convertible into 4,975,124 common shares of the company at a fixed conversion price of KRW 2,010 per share between June 2, 2022 and May 2, 2024. The bonds will mature on June 02, 2024. The bond issuance method is mother-in-law. The payment date of the transaction is June 2, 2021. The transaction has been approved by the board of directors of the company. お知らせ • Apr 29
Syswork Co., Ltd announced that it has received KRW 20 billion in funding from Sangsangin Savings Bank, Investment Arm, Sangsangin Plus Savings Bank, Investment Arm On April 28, 2021, Syswork Co., Ltd (KOSDAQ:A269620) closed the transaction. The yield to maturity will be 6.5% and the conversion claim period is from April 28, 2022 till March 28, 2024. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improved over the past week After last week's 15% share price gain to ₩2,485, the stock trades at a trailing P/E ratio of 77.7x. Average trailing P/E is 25x in the Electronic industry in South Korea. Total returns to shareholders of 107% over the past three years. お知らせ • Apr 15
Syswork Co., Ltd announced that it expects to receive KRW 20 billion in funding from Sangsangin Savings Bank, Investment Arm, Sangsangin Plus Savings Bank, Investment Arm Syswork Co., Ltd (KOSDAQ:A269620) announced that it will issue series 5 bearer-type interest-bearing private equity convertible bonds for gross proceeds of KRW 20,000,000,000 on April 14, 2021. The bonds will be issued at par. The transaction will include participation from Sangsangin Savings Bank, Investment Arm and Sangsangin Plus Savings Bank, Investment Arm for 10,000,000,000 each respectively. The bonds carry 2% coupon rate, 5.5% yield to maturity. The bonds will mature on April 30, 2024. The bonds are convertible into 8,814,455 common shares at a fixed conversion price of KRW 2,269 per share from April 30, 2022 to March 30, 2024. The date of subscription is April 14, 2021 and expected date of payment is April 30, 2021. The transaction is approved by the board of directors of the company. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 23% share price gain to ₩2,300, the stock trades at a trailing P/E ratio of 71.9x. Average trailing P/E is 25x in the Electronic industry in South Korea. Total returns to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩1,990, the stock is trading at a trailing P/E ratio of 59.8x, down from the previous P/E ratio of 71.8x. This compares to an average P/E of 29x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 68%. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 24% share price gain to ₩2,290, the stock is trading at a trailing P/E ratio of 68.8x, up from the previous P/E ratio of 55.3x. This compares to an average P/E of 30x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 86%. Is New 90 Day High Low • Jan 11
New 90-day low: ₩1,955 The company is down 28% from its price of ₩2,733 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 Electronic industry, which is up 37% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩13.33 Per Share Will be paid on the 8th of April to those who are registered shareholders by the 29th of December. The trailing yield of 0.6% is below the top quartile of South Korean dividend payers (2.6%), but it is higher than industry peers (0.5%). Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩2,210, the stock is trading at a trailing P/E ratio of 66.4x, down from the previous P/E ratio of 79.9x. This compares to an average P/E of 28x in the Electronic industry in South Korea. Total returns to shareholders over the past three years are 103%. Is New 90 Day High Low • Nov 04
New 90-day high: ₩4,410 The company is up 420% from its price of ₩848 on 06 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 5.0% over the same period.