View Future GrowthMoorim SP 과거 순이익 실적과거 기준 점검 0/6Moorim SP 의 수입은 연평균 -0.3%의 비율로 감소해 온 반면, Forestry 산업은 연평균 7.7%의 비율로 감소했습니다. 매출은 연평균 9.9%의 비율로 증가해 왔습니다.핵심 정보-0.26%순이익 성장률-0.083%주당순이익(EPS) 성장률Forestry 산업 성장률-3.99%매출 성장률9.88%자기자본이익률-0.83%순이익률-0.84%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트분석 기사 • May 24Moorim SP's (KOSDAQ:001810) Earnings Are Of Questionable QualityMoorim SP Co., Ltd.'s ( KOSDAQ:001810 ) robust earnings report didn't manage to move the market for its stock. We did...Reported Earnings • Mar 20Full year 2024 earnings released: EPS: ₩149 (vs ₩261 loss in FY 2023)Full year 2024 results: EPS: ₩149 (up from ₩261 loss in FY 2023). Revenue: ₩176.9b (up 9.1% from FY 2023). Net income: ₩3.31b (up ₩9.10b from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.분석 기사 • Nov 22Moorim SP's (KOSDAQ:001810) Earnings Are Weaker Than They SeemMoorim SP Co., Ltd.'s ( KOSDAQ:001810 ) robust earnings report didn't manage to move the market for its stock. Our...Reported Earnings • Mar 20Full year 2023 earnings released: ₩261 loss per share (vs ₩397 loss in FY 2022)Full year 2023 results: ₩261 loss per share (improved from ₩397 loss in FY 2022). Revenue: ₩162.1b (up 5.6% from FY 2022). Net loss: ₩5.79b (loss narrowed 34% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 26Full year 2022 earnings released: ₩397 loss per share (vs ₩190 profit in FY 2021)Full year 2022 results: ₩397 loss per share (down from ₩190 profit in FY 2021). Revenue: ₩153.5b (up 16% from FY 2021). Net loss: ₩8.79b (down 310% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.분석 기사 • Nov 18Are Moorim SP's (KOSDAQ:001810) Statutory Earnings A Good Reflection Of Its Earnings Potential?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...모든 업데이트 보기Recent updatesDeclared Dividend • Feb 23Dividend increased to ₩15.00Dividend of ₩15.00 is 50% higher than last year. Ex-date: 9th March 2026 Payment date: 1st January 1970 Dividend yield will be 1.0%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 25% EPS decline seen over the last 5 years.공시 • Feb 21+ 1 more updateMoorim SP Co., Ltd. announces Annual dividendMoorim SP Co., Ltd. announced Annual dividend of KRW 15.0000 per share, ex-date on March 09, 2026 and record date on March 10, 2026.New Risk • Nov 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 2.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₩32.9b market cap, or US$22.5m).New Risk • Aug 30New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. 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 September 2013 fiscal period end). Minor Risk Market cap is less than US$100m (₩35.6b market cap, or US$25.6m).New Risk • Aug 29New major risk - Revenue and earnings growthEarnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 10% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩35.2b market cap, or US$25.3m).분석 기사 • May 24Moorim SP's (KOSDAQ:001810) Earnings Are Of Questionable QualityMoorim SP Co., Ltd.'s ( KOSDAQ:001810 ) robust earnings report didn't manage to move the market for its stock. We did...Reported Earnings • Mar 20Full year 2024 earnings released: EPS: ₩149 (vs ₩261 loss in FY 2023)Full year 2024 results: EPS: ₩149 (up from ₩261 loss in FY 2023). Revenue: ₩176.9b (up 9.1% from FY 2023). Net income: ₩3.31b (up ₩9.10b from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.공시 • Feb 22+ 1 more updateMoorim SP Co., Ltd. announces Annual dividendMoorim SP Co., Ltd. announced Annual dividend of KRW 10.0000 per share, ex-date on March 07, 2025 and record date on March 10, 2025.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩1,367, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 7x in the Forestry industry in South Korea. Total loss to shareholders of 55% over the past three years.분석 기사 • Nov 22Moorim SP's (KOSDAQ:001810) Earnings Are Weaker Than They SeemMoorim SP Co., Ltd.'s ( KOSDAQ:001810 ) robust earnings report didn't manage to move the market for its stock. Our...Valuation Update With 7 Day Price Move • Oct 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩1,623, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 6x in the Forestry industry in South Korea. Total loss to shareholders of 50% over the past three years.분석 기사 • Oct 14Moorim SP (KOSDAQ:001810) Might Have The Makings Of A Multi-BaggerIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Aug 07Investors Still Waiting For A Pull Back In Moorim SP Co., Ltd. (KOSDAQ:001810)There wouldn't be many who think Moorim SP Co., Ltd.'s ( KOSDAQ:001810 ) price-to-sales (or "P/S") ratio of 0.2x is...Buy Or Sell Opportunity • Aug 05Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to ₩1,540. The fair value is estimated to be ₩2,094, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Mar 20Full year 2023 earnings released: ₩261 loss per share (vs ₩397 loss in FY 2022)Full year 2023 results: ₩261 loss per share (improved from ₩397 loss in FY 2022). Revenue: ₩162.1b (up 5.6% from FY 2022). Net loss: ₩5.79b (loss narrowed 34% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Dec 20Upcoming dividend of ₩15.00 per share at 0.8% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (4.0%).Reported Earnings • Mar 26Full year 2022 earnings released: ₩397 loss per share (vs ₩190 profit in FY 2021)Full year 2022 results: ₩397 loss per share (down from ₩190 profit in FY 2021). Revenue: ₩153.5b (up 16% from FY 2021). Net loss: ₩8.79b (down 310% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Upcoming Dividend • Dec 21Upcoming dividend of ₩25.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 05 April 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.4%).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. 3 experienced directors. No highly experienced directors. No independent directors (3 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. 3 experienced directors. No highly experienced directors. No independent directors (3 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.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩3,935, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 15x in the Forestry industry in South Korea. Total returns to shareholders of 41% over the past three years.Upcoming Dividend • Dec 22Upcoming dividend of ₩25.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 06 April 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.8%).분석 기사 • May 07Here's Why Moorim SP (KOSDAQ:001810) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Mar 09Are You An Income Investor? Don't Miss Out On Moorim SP Co., Ltd. (KOSDAQ:001810)Dividend paying stocks like Moorim SP Co., Ltd. ( KOSDAQ:001810 ) tend to be popular with investors, and for good...분석 기사 • Feb 15Should You Be Worried About Moorim SP's (KOSDAQ:001810) Returns On Capital?What underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...분석 기사 • Jan 28Is Moorim SP (KOSDAQ:001810) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Jan 19New 90-day high: ₩4,095The company is up 69% from its price of ₩2,430 on 21 October 2020. The South Korean market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 18% over the same period.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 30% share price gain to ₩4,095, the stock is trading at a trailing P/E ratio of 44.7x, up from the previous P/E ratio of 34.5x. This compares to an average P/E of 18x in the Forestry industry in South Korea. Total returns to shareholders over the past three years are 50%.분석 기사 • Jan 11Does Moorim SP's (KOSDAQ:001810) Share Price Gain of 37% Match Its Business Performance?Moorim SP Co., Ltd. ( KOSDAQ:001810 ) shareholders might be concerned after seeing the share price drop 16% in the last...분석 기사 • Dec 24Moorim SP Co., Ltd. (KOSDAQ:001810) Passed Our Checks, And It's About To Pay A ₩35.00 DividendMoorim SP Co., Ltd. ( KOSDAQ:001810 ) stock is about to trade ex-dividend in 4 days. Ex-dividend means that investors...Upcoming Dividend • Dec 22Upcoming Dividend of ₩35.00 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.1% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (1.7%).분석 기사 • Dec 09What Makes Moorim SP Co., Ltd. (KOSDAQ:001810) A Great Dividend Stock?Could Moorim SP Co., Ltd. ( KOSDAQ:001810 ) be an attractive dividend share to own for the long haul? Investors are...Is New 90 Day High Low • Dec 08New 90-day high: ₩3,025The company is up 39% from its price of ₩2,180 on 09 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 10.0% over the same period.Valuation Update With 7 Day Price Move • Dec 08Market bids up stock over the past weekAfter last week's 28% share price gain to ₩3,025, the stock is trading at a trailing P/E ratio of 33x, up from the previous P/E ratio of 25.8x. This compares to an average P/E of 17x in the Forestry industry in South Korea. Total returns to shareholders over the past three years are 7.8%.분석 기사 • Nov 18Are Moorim SP's (KOSDAQ:001810) Statutory Earnings A Good Reflection Of Its Earnings Potential?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...Is New 90 Day High Low • Nov 03New 90-day high: ₩2,475The company is up 28% from its price of ₩1,930 on 05 August 2020. The South Korean market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is down 6.0% over the same period.Is New 90 Day High Low • Oct 14New 90-day high: ₩2,325The company is up 19% from its price of ₩1,950 on 16 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is flat over the same period.매출 및 비용 세부 내역Moorim SP가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSDAQ:A001810 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Dec 25205,671-1,72715,695030 Sep 25195,05647614,575030 Jun 25186,0043,27913,563031 Mar 25179,4713,06513,048031 Dec 24176,8663,30912,907030 Sep 24176,2044,82112,751030 Jun 24172,0183,36912,599031 Mar 24169,092-56512,678031 Dec 23162,094-5,78811,871030 Sep 23158,350-13,53711,183030 Jun 23156,542-14,52010,783031 Mar 23155,126-12,1819,992031 Dec 22153,455-8,7939,798030 Sep 22149,019-3,1229,752030 Jun 22141,653-2,1739,239031 Mar 22135,6131,8048,998031 Dec 21132,2024,1968,793030 Sep 21128,2444,3599,277030 Jun 21124,5773,1179,443031 Mar 21121,1449489,547031 Dec 20125,4071,7609,956030 Sep 20128,7272,0269,595030 Jun 20134,7953,0949,697031 Mar 20140,355-9589,747031 Dec 19137,894-2,82110,302030 Sep 19138,3962,11810,252030 Jun 19139,4735,3009,933031 Mar 19140,2686,5799,850031 Dec 18140,31610,9219,045030 Sep 18155,97412,29111,3608230 Jun 18172,11510,15214,02716331 Mar 18186,18411,17216,49923631 Dec 17203,04110,44618,92131330 Sep 17206,3213,88419,27531430 Jun 17204,9016,36619,07932931 Mar 17206,7394,66219,14236431 Dec 16207,0752,58319,05439430 Sep 16207,6843,97818,99341330 Jun 16208,263-33818,97142731 Mar 16208,726-36419,00741531 Dec 15211,3821,67419,09040530 Sep 15209,64210219,37642030 Jun 15210,691-14119,659418양질의 수익: A001810 은(는) 현재 수익성이 없습니다.이익 마진 증가: A001810는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A001810은 수익성이 없으며 지난 5년 동안 손실이 연평균 0.3% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 A001810의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: A001810은 수익성이 없어 지난 해 수익 성장률을 Forestry 업계(-2.3%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: A001810는 현재 수익성이 없으므로 자본 수익률이 음수(-0.83%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/28 16:42종가2026/05/28 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Moorim SP Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
분석 기사 • May 24Moorim SP's (KOSDAQ:001810) Earnings Are Of Questionable QualityMoorim SP Co., Ltd.'s ( KOSDAQ:001810 ) robust earnings report didn't manage to move the market for its stock. We did...
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: ₩149 (vs ₩261 loss in FY 2023)Full year 2024 results: EPS: ₩149 (up from ₩261 loss in FY 2023). Revenue: ₩176.9b (up 9.1% from FY 2023). Net income: ₩3.31b (up ₩9.10b from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
분석 기사 • Nov 22Moorim SP's (KOSDAQ:001810) Earnings Are Weaker Than They SeemMoorim SP Co., Ltd.'s ( KOSDAQ:001810 ) robust earnings report didn't manage to move the market for its stock. Our...
Reported Earnings • Mar 20Full year 2023 earnings released: ₩261 loss per share (vs ₩397 loss in FY 2022)Full year 2023 results: ₩261 loss per share (improved from ₩397 loss in FY 2022). Revenue: ₩162.1b (up 5.6% from FY 2022). Net loss: ₩5.79b (loss narrowed 34% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 26Full year 2022 earnings released: ₩397 loss per share (vs ₩190 profit in FY 2021)Full year 2022 results: ₩397 loss per share (down from ₩190 profit in FY 2021). Revenue: ₩153.5b (up 16% from FY 2021). Net loss: ₩8.79b (down 310% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
분석 기사 • Nov 18Are Moorim SP's (KOSDAQ:001810) Statutory Earnings A Good Reflection Of Its Earnings Potential?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...
Declared Dividend • Feb 23Dividend increased to ₩15.00Dividend of ₩15.00 is 50% higher than last year. Ex-date: 9th March 2026 Payment date: 1st January 1970 Dividend yield will be 1.0%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 25% EPS decline seen over the last 5 years.
공시 • Feb 21+ 1 more updateMoorim SP Co., Ltd. announces Annual dividendMoorim SP Co., Ltd. announced Annual dividend of KRW 15.0000 per share, ex-date on March 09, 2026 and record date on March 10, 2026.
New Risk • Nov 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 2.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₩32.9b market cap, or US$22.5m).
New Risk • Aug 30New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. 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 September 2013 fiscal period end). Minor Risk Market cap is less than US$100m (₩35.6b market cap, or US$25.6m).
New Risk • Aug 29New major risk - Revenue and earnings growthEarnings have declined by 10% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 10% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩35.2b market cap, or US$25.3m).
분석 기사 • May 24Moorim SP's (KOSDAQ:001810) Earnings Are Of Questionable QualityMoorim SP Co., Ltd.'s ( KOSDAQ:001810 ) robust earnings report didn't manage to move the market for its stock. We did...
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: ₩149 (vs ₩261 loss in FY 2023)Full year 2024 results: EPS: ₩149 (up from ₩261 loss in FY 2023). Revenue: ₩176.9b (up 9.1% from FY 2023). Net income: ₩3.31b (up ₩9.10b from FY 2023). Profit margin: 1.9% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
공시 • Feb 22+ 1 more updateMoorim SP Co., Ltd. announces Annual dividendMoorim SP Co., Ltd. announced Annual dividend of KRW 10.0000 per share, ex-date on March 07, 2025 and record date on March 10, 2025.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩1,367, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 7x in the Forestry industry in South Korea. Total loss to shareholders of 55% over the past three years.
분석 기사 • Nov 22Moorim SP's (KOSDAQ:001810) Earnings Are Weaker Than They SeemMoorim SP Co., Ltd.'s ( KOSDAQ:001810 ) robust earnings report didn't manage to move the market for its stock. Our...
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩1,623, the stock trades at a trailing P/E ratio of 10.7x. Average trailing P/E is 6x in the Forestry industry in South Korea. Total loss to shareholders of 50% over the past three years.
분석 기사 • Oct 14Moorim SP (KOSDAQ:001810) Might Have The Makings Of A Multi-BaggerIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Aug 07Investors Still Waiting For A Pull Back In Moorim SP Co., Ltd. (KOSDAQ:001810)There wouldn't be many who think Moorim SP Co., Ltd.'s ( KOSDAQ:001810 ) price-to-sales (or "P/S") ratio of 0.2x is...
Buy Or Sell Opportunity • Aug 05Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to ₩1,540. The fair value is estimated to be ₩2,094, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Mar 20Full year 2023 earnings released: ₩261 loss per share (vs ₩397 loss in FY 2022)Full year 2023 results: ₩261 loss per share (improved from ₩397 loss in FY 2022). Revenue: ₩162.1b (up 5.6% from FY 2022). Net loss: ₩5.79b (loss narrowed 34% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Dec 20Upcoming dividend of ₩15.00 per share at 0.8% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (4.0%).
Reported Earnings • Mar 26Full year 2022 earnings released: ₩397 loss per share (vs ₩190 profit in FY 2021)Full year 2022 results: ₩397 loss per share (down from ₩190 profit in FY 2021). Revenue: ₩153.5b (up 16% from FY 2021). Net loss: ₩8.79b (down 310% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Upcoming Dividend • Dec 21Upcoming dividend of ₩25.00 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 05 April 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.4%).
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. 3 experienced directors. No highly experienced directors. No independent directors (3 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. 3 experienced directors. No highly experienced directors. No independent directors (3 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.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩3,935, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 15x in the Forestry industry in South Korea. Total returns to shareholders of 41% over the past three years.
Upcoming Dividend • Dec 22Upcoming dividend of ₩25.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 06 April 2022. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.8%).
분석 기사 • May 07Here's Why Moorim SP (KOSDAQ:001810) Can Manage Its Debt ResponsiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Mar 09Are You An Income Investor? Don't Miss Out On Moorim SP Co., Ltd. (KOSDAQ:001810)Dividend paying stocks like Moorim SP Co., Ltd. ( KOSDAQ:001810 ) tend to be popular with investors, and for good...
분석 기사 • Feb 15Should You Be Worried About Moorim SP's (KOSDAQ:001810) Returns On Capital?What underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...
분석 기사 • Jan 28Is Moorim SP (KOSDAQ:001810) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Jan 19New 90-day high: ₩4,095The company is up 69% from its price of ₩2,430 on 21 October 2020. The South Korean market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 18% over the same period.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 30% share price gain to ₩4,095, the stock is trading at a trailing P/E ratio of 44.7x, up from the previous P/E ratio of 34.5x. This compares to an average P/E of 18x in the Forestry industry in South Korea. Total returns to shareholders over the past three years are 50%.
분석 기사 • Jan 11Does Moorim SP's (KOSDAQ:001810) Share Price Gain of 37% Match Its Business Performance?Moorim SP Co., Ltd. ( KOSDAQ:001810 ) shareholders might be concerned after seeing the share price drop 16% in the last...
분석 기사 • Dec 24Moorim SP Co., Ltd. (KOSDAQ:001810) Passed Our Checks, And It's About To Pay A ₩35.00 DividendMoorim SP Co., Ltd. ( KOSDAQ:001810 ) stock is about to trade ex-dividend in 4 days. Ex-dividend means that investors...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩35.00 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.1% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (1.7%).
분석 기사 • Dec 09What Makes Moorim SP Co., Ltd. (KOSDAQ:001810) A Great Dividend Stock?Could Moorim SP Co., Ltd. ( KOSDAQ:001810 ) be an attractive dividend share to own for the long haul? Investors are...
Is New 90 Day High Low • Dec 08New 90-day high: ₩3,025The company is up 39% from its price of ₩2,180 on 09 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 10.0% over the same period.
Valuation Update With 7 Day Price Move • Dec 08Market bids up stock over the past weekAfter last week's 28% share price gain to ₩3,025, the stock is trading at a trailing P/E ratio of 33x, up from the previous P/E ratio of 25.8x. This compares to an average P/E of 17x in the Forestry industry in South Korea. Total returns to shareholders over the past three years are 7.8%.
분석 기사 • Nov 18Are Moorim SP's (KOSDAQ:001810) Statutory Earnings A Good Reflection Of Its Earnings Potential?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...
Is New 90 Day High Low • Nov 03New 90-day high: ₩2,475The company is up 28% from its price of ₩1,930 on 05 August 2020. The South Korean market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is down 6.0% over the same period.
Is New 90 Day High Low • Oct 14New 90-day high: ₩2,325The company is up 19% from its price of ₩1,950 on 16 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is flat over the same period.