Korea District Heating（A071320）株式概要韓国地域暖房公社は、韓国で地域冷暖房事業を行っている。 詳細A071320 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長0/6過去の実績4/6財務の健全性1/6配当金4/6報酬当社が推定した公正価値より66.9%で取引されている 過去1年間で収益は6.3%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析負債は営業キャッシュフローで十分にカバーされていない 今後3年間の収益は年平均7%減少すると予測されている。 不安定な配当実績 すべてのリスクチェックを見るA071320 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₩Current Price₩73.00k66.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-240b4t2016201920222025202620282031Revenue ₩4.1tEarnings ₩325.4bAdvancedSet Fair ValueView all narrativesKorea District Heating Corp. 競合他社Korea Electric Power Industrial DevelopmentSymbol: KOSE:A130660Market cap: ₩500.7bGridwizLtdSymbol: KOSDAQ:A453450Market cap: ₩149.5bKorea Electric PowerSymbol: KOSE:A015760Market cap: ₩25.3tSK eternixSymbol: KOSE:A475150Market cap: ₩1.4t価格と性能株価の高値、安値、推移の概要Korea District Heating過去の株価現在の株価₩73,000.0052週高値₩116,700.0052週安値₩68,600.00ベータ0.691ヶ月の変化-6.77%3ヶ月変化-20.82%1年変化-4.95%3年間の変化179.69%5年間の変化64.79%IPOからの変化-4.58%最新ニュースMajor Estimate Revision • May 12Consensus EPS estimates increase by 36%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩3.65b to ₩3.87b. EPS estimate increased from ₩15,988 to ₩21,702 per share. Net income forecast to shrink 23% next year vs 6.3% growth forecast for Electric Utilities industry in South Korea . Consensus price target of ₩127,500 unchanged from last update. Share price fell 3.3% to ₩73,800 over the past week.お知らせ • May 07Korea District Heating Corp. to Report Q1, 2026 Results on May 08, 2026Korea District Heating Corp. announced that they will report Q1, 2026 results on May 08, 2026Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩75,100, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩43,152 per share.Reported Earnings • Mar 18Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₩28,102 (up from ₩16,850 in FY 2024). Revenue: ₩4.00t (up 12% from FY 2024). Net income: ₩338.9b (up 61% from FY 2024). Profit margin: 8.5% (up from 5.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is expected to decline by 3.4% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.Declared Dividend • Feb 28Dividend increased to ₩6,157Dividend of ₩6,157 is 59% higher than last year. Ex-date: 27th March 2026 Payment date: 1st January 1970 Dividend yield will be 6.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to decline by 49% over the next 2 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.分析記事 • Feb 14These 4 Measures Indicate That Korea District Heating (KRX:071320) Is Using Debt In A Risky WaySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...最新情報をもっと見るRecent updatesMajor Estimate Revision • May 12Consensus EPS estimates increase by 36%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩3.65b to ₩3.87b. EPS estimate increased from ₩15,988 to ₩21,702 per share. Net income forecast to shrink 23% next year vs 6.3% growth forecast for Electric Utilities industry in South Korea . Consensus price target of ₩127,500 unchanged from last update. Share price fell 3.3% to ₩73,800 over the past week.お知らせ • May 07Korea District Heating Corp. to Report Q1, 2026 Results on May 08, 2026Korea District Heating Corp. announced that they will report Q1, 2026 results on May 08, 2026Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩75,100, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩43,152 per share.Reported Earnings • Mar 18Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₩28,102 (up from ₩16,850 in FY 2024). Revenue: ₩4.00t (up 12% from FY 2024). Net income: ₩338.9b (up 61% from FY 2024). Profit margin: 8.5% (up from 5.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is expected to decline by 3.4% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.Declared Dividend • Feb 28Dividend increased to ₩6,157Dividend of ₩6,157 is 59% higher than last year. Ex-date: 27th March 2026 Payment date: 1st January 1970 Dividend yield will be 6.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to decline by 49% over the next 2 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.分析記事 • Feb 14These 4 Measures Indicate That Korea District Heating (KRX:071320) Is Using Debt In A Risky WaySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Feb 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩93,100, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩44,046 per share.お知らせ • Feb 12Korea District Heating Corp., Annual General Meeting, Mar 26, 2026Korea District Heating Corp., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 368, bundang-ro, bundang-gu, gyeonggi-do, seongnam South Korea分析記事 • Dec 22Korea District Heating Corp.'s (KRX:071320) Share Price Is Matching Sentiment Around Its EarningsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 14x, you may consider Korea...Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ₩3,928 (vs ₩2,486 in 3Q 2024)Third quarter 2025 results: EPS: ₩3,928 (up from ₩2,486 in 3Q 2024). Revenue: ₩758.2b (up 30% from 3Q 2024). Net income: ₩49.0b (up 51% from 3Q 2024). Profit margin: 6.5% (up from 5.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 7.4%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩112,050, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Electric Utilities industry in Asia. Total returns to shareholders of 343% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩63,680 per share.お知らせ • Nov 05Korea District Heating Corp. to Report Nine Months, 2025 Results on Nov 07, 2025Korea District Heating Corp. announced that they will report nine months, 2025 results on Nov 07, 2025分析記事 • Oct 28Returns At Korea District Heating (KRX:071320) Are On The Way UpIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩101,700, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 14x in the Electric Utilities industry in Asia. Total returns to shareholders of 320% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩62,934 per share.分析記事 • Sep 18Korea District Heating (KRX:071320) Has No Shortage 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 • Aug 15Second quarter 2025 earnings released: ₩2,188 loss per share (vs ₩3,054 loss in 2Q 2024)Second quarter 2025 results: ₩2,188 loss per share (improved from ₩3,054 loss in 2Q 2024). Revenue: ₩623.1b (up 17% from 2Q 2024). Net loss: ₩21.6b (loss narrowed 32% from 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 9.1% growth forecast for the Electric Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.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 8.3% 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 Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (7.6% net profit margin).お知らせ • Aug 05Korea District Heating Corp. to Report First Half, 2025 Results on Aug 07, 2025Korea District Heating Corp. announced that they will report first half, 2025 results on Aug 07, 2025分析記事 • Jul 28The Return Trends At Korea District Heating (KRX:071320) Look PromisingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩87,400, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 205% over the past three years.New Risk • May 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.6% net profit margin).Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩63,000, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 14x in the Electric Utilities industry in Asia. Total returns to shareholders of 99% over the past three years.分析記事 • May 14Korea District Heating Corp.'s (KRX:071320) Share Price Boosted 30% But Its Business Prospects Need A Lift TooDespite an already strong run, Korea District Heating Corp. ( KRX:071320 ) shares have been powering on, with a gain of...分析記事 • May 14Korea District Heating Corp. (KRX:071320) Stock Catapults 30% Though Its Price And Business Still Lag The MarketDespite an already strong run, Korea District Heating Corp. ( KRX:071320 ) shares have been powering on, with a gain of...分析記事 • Apr 02Does Korea District Heating (KRX:071320) 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...New Risk • Mar 13New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 7.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Feb 26Korea District Heating (KRX:071320) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...お知らせ • Feb 22Korea District Heating Corp., Annual General Meeting, Mar 31, 2025Korea District Heating Corp., Annual General Meeting, Mar 31, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 368, bundang-ro, bundang-gu, gyeonggi-do, seongnam South KoreaNew Risk • Dec 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 24% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 24% per year for the foreseeable future.New Risk • Dec 16New 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. This is currently the only risk that has been identified for the company.New Risk • Dec 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 41% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 25% per year for the foreseeable future. High level of non-cash earnings (41% accrual ratio). Minor Risk Less than 3 years of financial data is available.分析記事 • Nov 29Investors Appear Satisfied With Korea District Heating Corp.'s (KRX:071320) Prospects As Shares Rocket 29%Korea District Heating Corp. ( KRX:071320 ) shareholders would be excited to see that the share price has had a great...Major Estimate Revision • Nov 20Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩16,816 to ₩18,617. Revenue forecast steady at ₩3.69b. Net income forecast to shrink 48% next year vs 11% growth forecast for Electric Utilities industry in South Korea . Consensus price target of ₩78,000 unchanged from last update. Share price rose 7.8% to ₩50,900 over the past week.分析記事 • Nov 15The Return Trends At Korea District Heating (KRX:071320) Look PromisingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Buy Or Sell Opportunity • Aug 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 5.0% to ₩48,500. The fair value is estimated to be ₩39,640, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 52% in the next 2 years.分析記事 • Aug 13We Like These Underlying Return On Capital Trends At Korea District Heating (KRX:071320)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...お知らせ • Jul 18Samchully Co.,Ltd (KOSE:A004690) acquired remaining 49% stake in Human Community Energy System from Korea District Heating Corp. (KOSE:A071320) for KRW 28.9 billion.Samchully Co.,Ltd (KOSE:A004690) acquired remaining 49% stake in Human Community Energy System from Korea District Heating Corp. (KOSE:A071320) for KRW 28.9 billion on July 16, 2024. Samchully acquired 4.9 million shares for KRW 5910 per share. Samchully Co.,Ltd (KOSE:A004690) completed the acquisition of remaining 49% stake in Human Community Energy System from Korea District Heating Corp. (KOSE:A071320) on July 16, 2024.New Risk • Jul 01New 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 7.6% 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 Risks Debt is not well covered by operating cash flow (6.7% operating cash flow to total debt). Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).New Risk • Jun 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.7% operating cash flow to total debt). Earnings are forecast to decline by an average of 23% per year for the foreseeable future.New Risk • May 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 28% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.7% operating cash flow to total debt). Earnings are forecast to decline by an average of 28% per year for the foreseeable future.分析記事 • May 21Improved Revenues Required Before Korea District Heating Corp. (KRX:071320) Stock's 26% Jump Looks JustifiedThe Korea District Heating Corp. ( KRX:071320 ) share price has done very well over the last month, posting an...分析記事 • May 14Returns On Capital Are Showing Encouraging Signs At Korea District Heating (KRX:071320)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩45,600, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Electric Utilities industry in Asia. Total returns to shareholders of 7.7% over the past three years.New Risk • Mar 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change).分析記事 • Feb 27Korea District Heating Corp.'s (KRX:071320) Shares Leap 39% Yet They're Still Not Telling The Full StoryKorea District Heating Corp. ( KRX:071320 ) shares have continued their recent momentum with a 39% gain in the last...New Risk • Feb 19New 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩744b free cash flow). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).Reported Earnings • May 20First quarter 2023 earnings released: ₩7,227 loss per share (vs ₩10,404 loss in 1Q 2022)First quarter 2023 results: ₩7,227 loss per share (improved from ₩10,404 loss in 1Q 2022). Revenue: ₩1.66t (up 20% from 1Q 2022). Net loss: ₩82.3b (loss narrowed 31% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 24Full year 2022 earnings released: ₩16,347 loss per share (vs ₩1,399 profit in FY 2021)Full year 2022 results: ₩16,347 loss per share (down from ₩1,399 profit in FY 2021). Revenue: ₩4.17t (up 65% from FY 2021). Net loss: ₩183.9b (down ₩205.3b from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Dec 21Upcoming dividend of ₩797 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 02 May 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (4.4%).Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent 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: Lack of independent directors. Insufficient board refreshment.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent 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: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Dec 22Upcoming dividend of ₩965 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 April 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.5%. Within top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (4.1%).分析記事 • May 05Is Korea District Heating (KRX:071320) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Is New 90 Day High Low • Feb 26New 90-day low: ₩36,950The company is down 8.0% from its price of ₩40,050 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 8.0% over the same period.お知らせ • Feb 25Korea District Heating Corp., Annual General Meeting, Mar 30, 2021Korea District Heating Corp., Annual General Meeting, Mar 30, 2021, at 10:00 Korea Standard Time.分析記事 • Feb 14Is Korea District Heating (KRX:071320) Using Capital Effectively?If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...お知らせ • Feb 04Korea District Heating Corp. to Report Fiscal Year 2020 Results on Feb 15, 2021Korea District Heating Corp. announced that they will report fiscal year 2020 results on Feb 15, 2021分析記事 • Jan 18Is Korea District Heating (KRX:071320) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Dec 22A Look At Korea District Heating's (KRX:071320) Share Price ReturnsKorea District Heating Corp. ( KRX:071320 ) shareholders should be happy to see the share price up 15% in the last...Is New 90 Day High Low • Dec 17New 90-day high: ₩40,950The company is up 14% from its price of ₩35,800 on 18 September 2020. The South Korean market is also up 14% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electric Utilities industry, which is up 3.0% over the same period.分析記事 • Nov 26Should You Use Korea District Heating's (KRX:071320) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...Is New 90 Day High Low • Nov 13New 90-day high: ₩40,350The company is up 13% from its price of ₩35,600 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 Electric Utilities industry, which is up 2.0% over the same period.お知らせ • Nov 07Korea District Heating Corp. to Report Nine Months, 2020 Results on Nov 11, 2020Korea District Heating Corp. announced that they will report nine months, 2020 results on Nov 11, 2020Is New 90 Day High Low • Oct 19New 90-day high: ₩39,600The company is up 9.0% from its price of ₩36,400 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 1.0% over the same period.お知らせ • Aug 09Korea District Heating Corp. to Report First Half, 2020 Results on Aug 11, 2020Korea District Heating Corp. announced that they will report first half, 2020 results on Aug 11, 2020株主還元A071320KR Electric UtilitiesKR 市場7D-4.8%-1.1%-2.5%1Y-4.9%32.2%184.3%株主還元を見る業界別リターン: A071320過去 1 年間で32.2 % の収益を上げたKR Electric Utilities業界を下回りました。リターン対市場: A071320は、過去 1 年間で184.3 % のリターンを上げたKR市場を下回りました。価格変動Is A071320's price volatile compared to industry and market?A071320 volatilityA071320 Average Weekly Movement6.8%Electric Utilities Industry Average Movement11.1%Market Average Movement9.3%10% most volatile stocks in KR Market16.5%10% least volatile stocks in KR Market4.9%安定した株価: A071320 、 KR市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: A071320の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19852,143YongGi Jeongwww.kdhc.co.kr韓国地域暖房公社は韓国で地域冷暖房事業を行っている。地域エネルギーシステムと電力事業も手掛ける。同社は熱電併給プラントを運営している。さらに、太陽光発電、風力発電、廃棄物エネルギー、ウッドチップ、水素エネルギー、燃料電池などの新エネルギーや再生可能エネルギーの供給にも取り組んでいる。また、様々な開発途上国において、公共開発援助プロジェクトや融資プログラムプロジェクトも提供している。同社は1985年に設立され、韓国城南市に本社を置く。もっと見るKorea District Heating Corp. 基礎のまとめKorea District Heating の収益と売上を時価総額と比較するとどうか。A071320 基礎統計学時価総額₩844.09b収益（TTM）₩308.22b売上高(TTM)₩3.86t2.7xPER（株価収益率0.2xP/SレシオA071320 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計A071320 損益計算書（TTM）収益₩3.86t売上原価₩3.22t売上総利益₩634.60bその他の費用₩326.38b収益₩308.22b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）26.62kグロス・マージン16.46%純利益率7.99%有利子負債／自己資本比率155.3%A071320 の長期的なパフォーマンスは？過去の実績と比較を見る配当金8.4%現在の配当利回り23%配当性向View Valuation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 13:36終値2026/05/22 00:00収益2026/03/31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Korea District Heating Corp. 2 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。9 アナリスト機関Jiyoon ShinDAOL Investment & Securities Co., Ltd.Sung Hyun HwangEugene Investment & Securities Co Ltd.Yu-Jin JeoniM Securities6 その他のアナリストを表示
Major Estimate Revision • May 12Consensus EPS estimates increase by 36%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩3.65b to ₩3.87b. EPS estimate increased from ₩15,988 to ₩21,702 per share. Net income forecast to shrink 23% next year vs 6.3% growth forecast for Electric Utilities industry in South Korea . Consensus price target of ₩127,500 unchanged from last update. Share price fell 3.3% to ₩73,800 over the past week.
お知らせ • May 07Korea District Heating Corp. to Report Q1, 2026 Results on May 08, 2026Korea District Heating Corp. announced that they will report Q1, 2026 results on May 08, 2026
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩75,100, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩43,152 per share.
Reported Earnings • Mar 18Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₩28,102 (up from ₩16,850 in FY 2024). Revenue: ₩4.00t (up 12% from FY 2024). Net income: ₩338.9b (up 61% from FY 2024). Profit margin: 8.5% (up from 5.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is expected to decline by 3.4% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Feb 28Dividend increased to ₩6,157Dividend of ₩6,157 is 59% higher than last year. Ex-date: 27th March 2026 Payment date: 1st January 1970 Dividend yield will be 6.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to decline by 49% over the next 2 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.
分析記事 • Feb 14These 4 Measures Indicate That Korea District Heating (KRX:071320) Is Using Debt In A Risky WaySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Major Estimate Revision • May 12Consensus EPS estimates increase by 36%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ₩3.65b to ₩3.87b. EPS estimate increased from ₩15,988 to ₩21,702 per share. Net income forecast to shrink 23% next year vs 6.3% growth forecast for Electric Utilities industry in South Korea . Consensus price target of ₩127,500 unchanged from last update. Share price fell 3.3% to ₩73,800 over the past week.
お知らせ • May 07Korea District Heating Corp. to Report Q1, 2026 Results on May 08, 2026Korea District Heating Corp. announced that they will report Q1, 2026 results on May 08, 2026
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩75,100, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩43,152 per share.
Reported Earnings • Mar 18Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ₩28,102 (up from ₩16,850 in FY 2024). Revenue: ₩4.00t (up 12% from FY 2024). Net income: ₩338.9b (up 61% from FY 2024). Profit margin: 8.5% (up from 5.9% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 3.9%. Revenue is expected to decline by 3.4% p.a. on average during the next 2 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 5.7%. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Feb 28Dividend increased to ₩6,157Dividend of ₩6,157 is 59% higher than last year. Ex-date: 27th March 2026 Payment date: 1st January 1970 Dividend yield will be 6.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 4.7% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to decline by 49% over the next 2 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range.
分析記事 • Feb 14These 4 Measures Indicate That Korea District Heating (KRX:071320) Is Using Debt In A Risky WaySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ₩93,100, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 240% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩44,046 per share.
お知らせ • Feb 12Korea District Heating Corp., Annual General Meeting, Mar 26, 2026Korea District Heating Corp., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 368, bundang-ro, bundang-gu, gyeonggi-do, seongnam South Korea
分析記事 • Dec 22Korea District Heating Corp.'s (KRX:071320) Share Price Is Matching Sentiment Around Its EarningsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 14x, you may consider Korea...
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ₩3,928 (vs ₩2,486 in 3Q 2024)Third quarter 2025 results: EPS: ₩3,928 (up from ₩2,486 in 3Q 2024). Revenue: ₩758.2b (up 30% from 3Q 2024). Net income: ₩49.0b (up 51% from 3Q 2024). Profit margin: 6.5% (up from 5.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the Electric Utilities industry in Asia are expected to grow by 7.4%. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩112,050, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Electric Utilities industry in Asia. Total returns to shareholders of 343% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩63,680 per share.
お知らせ • Nov 05Korea District Heating Corp. to Report Nine Months, 2025 Results on Nov 07, 2025Korea District Heating Corp. announced that they will report nine months, 2025 results on Nov 07, 2025
分析記事 • Oct 28Returns At Korea District Heating (KRX:071320) Are On The Way UpIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩101,700, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 14x in the Electric Utilities industry in Asia. Total returns to shareholders of 320% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩62,934 per share.
分析記事 • Sep 18Korea District Heating (KRX:071320) Has No Shortage 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 • Aug 15Second quarter 2025 earnings released: ₩2,188 loss per share (vs ₩3,054 loss in 2Q 2024)Second quarter 2025 results: ₩2,188 loss per share (improved from ₩3,054 loss in 2Q 2024). Revenue: ₩623.1b (up 17% from 2Q 2024). Net loss: ₩21.6b (loss narrowed 32% from 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 9.1% growth forecast for the Electric Utilities industry in Asia. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
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 8.3% 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 Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (7.6% net profit margin).
お知らせ • Aug 05Korea District Heating Corp. to Report First Half, 2025 Results on Aug 07, 2025Korea District Heating Corp. announced that they will report first half, 2025 results on Aug 07, 2025
分析記事 • Jul 28The Return Trends At Korea District Heating (KRX:071320) Look PromisingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩87,400, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 13x in the Electric Utilities industry in Asia. Total returns to shareholders of 205% over the past three years.
New Risk • May 20New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (7.6% net profit margin).
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩63,000, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 14x in the Electric Utilities industry in Asia. Total returns to shareholders of 99% over the past three years.
分析記事 • May 14Korea District Heating Corp.'s (KRX:071320) Share Price Boosted 30% But Its Business Prospects Need A Lift TooDespite an already strong run, Korea District Heating Corp. ( KRX:071320 ) shares have been powering on, with a gain of...
分析記事 • May 14Korea District Heating Corp. (KRX:071320) Stock Catapults 30% Though Its Price And Business Still Lag The MarketDespite an already strong run, Korea District Heating Corp. ( KRX:071320 ) shares have been powering on, with a gain of...
分析記事 • Apr 02Does Korea District Heating (KRX:071320) 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...
New Risk • Mar 13New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 7.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 24% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Feb 26Korea District Heating (KRX:071320) Is Experiencing Growth In Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
お知らせ • Feb 22Korea District Heating Corp., Annual General Meeting, Mar 31, 2025Korea District Heating Corp., Annual General Meeting, Mar 31, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 368, bundang-ro, bundang-gu, gyeonggi-do, seongnam South Korea
New Risk • Dec 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 24% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Earnings are forecast to decline by an average of 24% per year for the foreseeable future.
New Risk • Dec 16New 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. This is currently the only risk that has been identified for the company.
New Risk • Dec 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 41% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings are forecast to decline by an average of 25% per year for the foreseeable future. High level of non-cash earnings (41% accrual ratio). Minor Risk Less than 3 years of financial data is available.
分析記事 • Nov 29Investors Appear Satisfied With Korea District Heating Corp.'s (KRX:071320) Prospects As Shares Rocket 29%Korea District Heating Corp. ( KRX:071320 ) shareholders would be excited to see that the share price has had a great...
Major Estimate Revision • Nov 20Consensus EPS estimates increase by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from ₩16,816 to ₩18,617. Revenue forecast steady at ₩3.69b. Net income forecast to shrink 48% next year vs 11% growth forecast for Electric Utilities industry in South Korea . Consensus price target of ₩78,000 unchanged from last update. Share price rose 7.8% to ₩50,900 over the past week.
分析記事 • Nov 15The Return Trends At Korea District Heating (KRX:071320) Look PromisingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Buy Or Sell Opportunity • Aug 26Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 5.0% to ₩48,500. The fair value is estimated to be ₩39,640, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to decline by 52% in the next 2 years.
分析記事 • Aug 13We Like These Underlying Return On Capital Trends At Korea District Heating (KRX:071320)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
お知らせ • Jul 18Samchully Co.,Ltd (KOSE:A004690) acquired remaining 49% stake in Human Community Energy System from Korea District Heating Corp. (KOSE:A071320) for KRW 28.9 billion.Samchully Co.,Ltd (KOSE:A004690) acquired remaining 49% stake in Human Community Energy System from Korea District Heating Corp. (KOSE:A071320) for KRW 28.9 billion on July 16, 2024. Samchully acquired 4.9 million shares for KRW 5910 per share. Samchully Co.,Ltd (KOSE:A004690) completed the acquisition of remaining 49% stake in Human Community Energy System from Korea District Heating Corp. (KOSE:A071320) on July 16, 2024.
New Risk • Jul 01New 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 7.6% 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 Risks Debt is not well covered by operating cash flow (6.7% operating cash flow to total debt). Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).
New Risk • Jun 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.7% operating cash flow to total debt). Earnings are forecast to decline by an average of 23% per year for the foreseeable future.
New Risk • May 25New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 28% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.7% operating cash flow to total debt). Earnings are forecast to decline by an average of 28% per year for the foreseeable future.
分析記事 • May 21Improved Revenues Required Before Korea District Heating Corp. (KRX:071320) Stock's 26% Jump Looks JustifiedThe Korea District Heating Corp. ( KRX:071320 ) share price has done very well over the last month, posting an...
分析記事 • May 14Returns On Capital Are Showing Encouraging Signs At Korea District Heating (KRX:071320)What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩45,600, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 12x in the Electric Utilities industry in Asia. Total returns to shareholders of 7.7% over the past three years.
New Risk • Mar 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (12% average weekly change).
分析記事 • Feb 27Korea District Heating Corp.'s (KRX:071320) Shares Leap 39% Yet They're Still Not Telling The Full StoryKorea District Heating Corp. ( KRX:071320 ) shares have continued their recent momentum with a 39% gain in the last...
New Risk • Feb 19New 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩744b free cash flow). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change).
Reported Earnings • May 20First quarter 2023 earnings released: ₩7,227 loss per share (vs ₩10,404 loss in 1Q 2022)First quarter 2023 results: ₩7,227 loss per share (improved from ₩10,404 loss in 1Q 2022). Revenue: ₩1.66t (up 20% from 1Q 2022). Net loss: ₩82.3b (loss narrowed 31% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 24Full year 2022 earnings released: ₩16,347 loss per share (vs ₩1,399 profit in FY 2021)Full year 2022 results: ₩16,347 loss per share (down from ₩1,399 profit in FY 2021). Revenue: ₩4.17t (up 65% from FY 2021). Net loss: ₩183.9b (down ₩205.3b from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Dec 21Upcoming dividend of ₩797 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 02 May 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (4.4%).
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent 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: Lack of independent directors. Insufficient board refreshment.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 non-independent 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: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Dec 22Upcoming dividend of ₩965 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 29 April 2022. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.5%. Within top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (4.1%).
分析記事 • May 05Is Korea District Heating (KRX:071320) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is New 90 Day High Low • Feb 26New 90-day low: ₩36,950The company is down 8.0% from its price of ₩40,050 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 8.0% over the same period.
お知らせ • Feb 25Korea District Heating Corp., Annual General Meeting, Mar 30, 2021Korea District Heating Corp., Annual General Meeting, Mar 30, 2021, at 10:00 Korea Standard Time.
分析記事 • Feb 14Is Korea District Heating (KRX:071320) Using Capital Effectively?If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...
お知らせ • Feb 04Korea District Heating Corp. to Report Fiscal Year 2020 Results on Feb 15, 2021Korea District Heating Corp. announced that they will report fiscal year 2020 results on Feb 15, 2021
分析記事 • Jan 18Is Korea District Heating (KRX:071320) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Dec 22A Look At Korea District Heating's (KRX:071320) Share Price ReturnsKorea District Heating Corp. ( KRX:071320 ) shareholders should be happy to see the share price up 15% in the last...
Is New 90 Day High Low • Dec 17New 90-day high: ₩40,950The company is up 14% from its price of ₩35,800 on 18 September 2020. The South Korean market is also up 14% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electric Utilities industry, which is up 3.0% over the same period.
分析記事 • Nov 26Should You Use Korea District Heating's (KRX:071320) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
Is New 90 Day High Low • Nov 13New 90-day high: ₩40,350The company is up 13% from its price of ₩35,600 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 Electric Utilities industry, which is up 2.0% over the same period.
お知らせ • Nov 07Korea District Heating Corp. to Report Nine Months, 2020 Results on Nov 11, 2020Korea District Heating Corp. announced that they will report nine months, 2020 results on Nov 11, 2020
Is New 90 Day High Low • Oct 19New 90-day high: ₩39,600The company is up 9.0% from its price of ₩36,400 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 1.0% over the same period.
お知らせ • Aug 09Korea District Heating Corp. to Report First Half, 2020 Results on Aug 11, 2020Korea District Heating Corp. announced that they will report first half, 2020 results on Aug 11, 2020
