View Financial HealthChanghae Ethanol 배당 및 자사주 매입배당 기준 점검 6/6Changhae Ethanol 수익으로 충분히 충당되는 현재 수익률 6.26% 보유한 배당금 지급 회사입니다.핵심 정보6.3%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향41%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.3%).분석 기사 • Nov 09Changhae Ethanol's (KOSDAQ:004650) Dividend Will Be ₩600.00The board of Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) has announced that it will pay a dividend on the 15th of...Declared Dividend • Nov 08Dividend of ₩600 announcedDividend of ₩600 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.4% EPS decline seen over the last 5 years.공시 • Nov 07Changhae Ethanol Co., Ltd. announces Annual dividend, payable on April 15, 2026Changhae Ethanol Co., Ltd. announced Annual dividend of KRW 600.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.Upcoming Dividend • Dec 20Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.2%).Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 5.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.1%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.8%).모든 업데이트 보기Recent updates분석 기사 • Apr 09Here's Why We Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩12,010, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total returns to shareholders of 38% over the past three years.공시 • Mar 13Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2026Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 15, wonmanseong-ro, deokjin-gu, jeonbuk-do, jeonju South KoreaUpcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.3%).분석 기사 • Nov 09Changhae Ethanol's (KOSDAQ:004650) Dividend Will Be ₩600.00The board of Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) has announced that it will pay a dividend on the 15th of...Declared Dividend • Nov 08Dividend of ₩600 announcedDividend of ₩600 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.4% EPS decline seen over the last 5 years.공시 • Nov 07Changhae Ethanol Co., Ltd. announces Annual dividend, payable on April 15, 2026Changhae Ethanol Co., Ltd. announced Annual dividend of KRW 600.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.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 December 2010. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2010 fiscal period end). Minor Risk Market cap is less than US$100m (₩76.0b market cap, or US$54.8m).Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩10,170, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 11x in the Chemicals industry in South Korea. Total loss to shareholders of 15% over the past three years.Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩1,650 (vs ₩506 loss in FY 2023)Full year 2024 results: EPS: ₩1,650 (up from ₩506 loss in FY 2023). Revenue: ₩137.5b (up 18% from FY 2023). Net income: ₩12.5b (up ₩16.4b from FY 2023). Profit margin: 9.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.공시 • Mar 13Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2025Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 15, wonmanseong-ro, deokjin-gu, jeonbuk-do, jeonju South KoreaUpcoming Dividend • Dec 20Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.2%).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. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩70.0b market cap, or US$48.7m).Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₩1,163 (vs ₩567 in 3Q 2023)Third quarter 2024 results: EPS: ₩1,163. Revenue: ₩34.4b (up 21% from 3Q 2023). Net income: ₩4.30b (flat on 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.8% to ₩8,780. The fair value is estimated to be ₩11,563, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Mar 22Full year 2023 earnings released: ₩506 loss per share (vs ₩10.00 profit in FY 2022)Full year 2023 results: ₩506 loss per share (down from ₩10.00 profit in FY 2022). Revenue: ₩116.4b (up 6.4% from FY 2022). Net loss: ₩3.84b (down ₩3.92b from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 5.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.1%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.8%).Upcoming Dividend • Dec 21Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio and cash payout ratio are on the higher end at 89% and 95% respectively. Trailing yield: 5.2%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩12,400, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 13x in the Chemicals industry in South Korea. Total returns to shareholders of 1.1% over the past three years.Upcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 20 April 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.4%).분석 기사 • May 01Should Changhae Ethanol Co., Ltd. (KOSDAQ:004650) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) from a dividend investor's perspective...분석 기사 • Mar 20Is Now The Time To Put Changhae Ethanol (KOSDAQ:004650) On Your Watchlist?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...Is New 90 Day High Low • Mar 05New 90-day low: ₩12,600The company is down 10.0% from its price of ₩14,050 on 04 December 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.분석 기사 • Mar 02Does Changhae Ethanol's (KOSDAQ:004650) Returns On Capital Reflect Well On The Business?What financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...분석 기사 • Feb 10These 4 Measures Indicate That Changhae Ethanol (KOSDAQ:004650) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...분석 기사 • Jan 23Shareholders Are Loving Changhae Ethanol Co., Ltd.'s (KOSDAQ:004650) 4.6% YieldIs Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) a good dividend stock? How can we tell? Dividend paying companies with...분석 기사 • Jan 08If You Had Bought Changhae Ethanol's (KOSDAQ:004650) Shares Five Years Ago You Would Be Down 46%In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...분석 기사 • Dec 24Should You Buy Changhae Ethanol Co., Ltd. (KOSDAQ:004650) For Its Upcoming Dividend?Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) is about to trade ex-dividend in the next 4 days. This means that...Upcoming Dividend • Dec 22Upcoming Dividend of ₩600 Per ShareWill be paid on the 20th of April to those who are registered shareholders by the 29th of December. The trailing yield of 4.4% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (0.9%).분석 기사 • Dec 12Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...Is New 90 Day High Low • Dec 04New 90-day high: ₩14,050The company is up 5.0% from its price of ₩13,400 on 04 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period.분석 기사 • Nov 28Here's Why I Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...Is New 90 Day High Low • Sep 21New 90-day low: ₩12,950The company is down 5.0% from its price of ₩13,650 on 23 June 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 35% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: A004650 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: A004650 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Changhae Ethanol 배당 수익률 vs 시장A004650의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (A004650)6.3%시장 하위 25% (KR)1.0%시장 상위 25% (KR)3.9%업계 평균 (Chemicals)1.3%분석가 예측 (A004650) (최대 3년)n/a주목할만한 배당금: A004650 의 배당금( 6.26% )은 KR 시장에서 배당금 지급자의 하위 25%( 1.05% )보다 높습니다.고배당: A004650 의 배당금( 6.26% )은 KR 시장( 3.88% )주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 40.7% )로 A004650 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 31.3% )로 A004650 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YKR 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 19:41종가2026/05/21 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 소스Changhae Ethanol Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관So Min OhEugene Investment & Securities Co Ltd.Hong-Sik JeongLS Securities Co., Ltd.Jin ChoiNH Investment & Securities Co., Ltd.1명의 분석가 더 보기
Upcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.3%).
분석 기사 • Nov 09Changhae Ethanol's (KOSDAQ:004650) Dividend Will Be ₩600.00The board of Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) has announced that it will pay a dividend on the 15th of...
Declared Dividend • Nov 08Dividend of ₩600 announcedDividend of ₩600 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.4% EPS decline seen over the last 5 years.
공시 • Nov 07Changhae Ethanol Co., Ltd. announces Annual dividend, payable on April 15, 2026Changhae Ethanol Co., Ltd. announced Annual dividend of KRW 600.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
Upcoming Dividend • Dec 20Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.2%).
Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 5.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.1%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.8%).
분석 기사 • Apr 09Here's Why We Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ₩12,010, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 15x in the Chemicals industry in South Korea. Total returns to shareholders of 38% over the past three years.
공시 • Mar 13Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2026Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 15, wonmanseong-ro, deokjin-gu, jeonbuk-do, jeonju South Korea
Upcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 15 April 2026. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 5.8%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.3%).
분석 기사 • Nov 09Changhae Ethanol's (KOSDAQ:004650) Dividend Will Be ₩600.00The board of Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) has announced that it will pay a dividend on the 15th of...
Declared Dividend • Nov 08Dividend of ₩600 announcedDividend of ₩600 is the same as last year. Ex-date: 29th December 2025 Payment date: 15th April 2026 Dividend yield will be 6.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (36% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 60% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.4% EPS decline seen over the last 5 years.
공시 • Nov 07Changhae Ethanol Co., Ltd. announces Annual dividend, payable on April 15, 2026Changhae Ethanol Co., Ltd. announced Annual dividend of KRW 600.0000 per share payable on April 15, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
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 December 2010. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported December 2010 fiscal period end). Minor Risk Market cap is less than US$100m (₩76.0b market cap, or US$54.8m).
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₩10,170, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 11x in the Chemicals industry in South Korea. Total loss to shareholders of 15% over the past three years.
Reported Earnings • Mar 22Full year 2024 earnings released: EPS: ₩1,650 (vs ₩506 loss in FY 2023)Full year 2024 results: EPS: ₩1,650 (up from ₩506 loss in FY 2023). Revenue: ₩137.5b (up 18% from FY 2023). Net income: ₩12.5b (up ₩16.4b from FY 2023). Profit margin: 9.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
공시 • Mar 13Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2025Changhae Ethanol Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 15, wonmanseong-ro, deokjin-gu, jeonbuk-do, jeonju South Korea
Upcoming Dividend • Dec 20Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 16 April 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (2.2%).
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. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩70.0b market cap, or US$48.7m).
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₩1,163 (vs ₩567 in 3Q 2023)Third quarter 2024 results: EPS: ₩1,163. Revenue: ₩34.4b (up 21% from 3Q 2023). Net income: ₩4.30b (flat on 3Q 2023). Profit margin: 13% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses.
Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.8% to ₩8,780. The fair value is estimated to be ₩11,563, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Mar 22Full year 2023 earnings released: ₩506 loss per share (vs ₩10.00 profit in FY 2022)Full year 2023 results: ₩506 loss per share (down from ₩10.00 profit in FY 2022). Revenue: ₩116.4b (up 6.4% from FY 2022). Net loss: ₩3.84b (down ₩3.92b from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Dec 20Upcoming dividend of ₩500 per share at 5.1% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.1%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.8%).
Upcoming Dividend • Dec 21Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio and cash payout ratio are on the higher end at 89% and 95% respectively. Trailing yield: 5.2%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Jun 22Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₩12,400, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 13x in the Chemicals industry in South Korea. Total returns to shareholders of 1.1% over the past three years.
Upcoming Dividend • Dec 22Upcoming dividend of ₩600 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 20 April 2022. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.4%).
분석 기사 • May 01Should Changhae Ethanol Co., Ltd. (KOSDAQ:004650) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) from a dividend investor's perspective...
분석 기사 • Mar 20Is Now The Time To Put Changhae Ethanol (KOSDAQ:004650) On Your Watchlist?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Is New 90 Day High Low • Mar 05New 90-day low: ₩12,600The company is down 10.0% from its price of ₩14,050 on 04 December 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.
분석 기사 • Mar 02Does Changhae Ethanol's (KOSDAQ:004650) Returns On Capital Reflect Well On The Business?What financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...
분석 기사 • Feb 10These 4 Measures Indicate That Changhae Ethanol (KOSDAQ:004650) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
분석 기사 • Jan 23Shareholders Are Loving Changhae Ethanol Co., Ltd.'s (KOSDAQ:004650) 4.6% YieldIs Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) a good dividend stock? How can we tell? Dividend paying companies with...
분석 기사 • Jan 08If You Had Bought Changhae Ethanol's (KOSDAQ:004650) Shares Five Years Ago You Would Be Down 46%In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
분석 기사 • Dec 24Should You Buy Changhae Ethanol Co., Ltd. (KOSDAQ:004650) For Its Upcoming Dividend?Changhae Ethanol Co., Ltd. ( KOSDAQ:004650 ) is about to trade ex-dividend in the next 4 days. This means that...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩600 Per ShareWill be paid on the 20th of April to those who are registered shareholders by the 29th of December. The trailing yield of 4.4% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (0.9%).
분석 기사 • Dec 12Here's Why We Don't Think Changhae Ethanol's (KOSDAQ:004650) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
Is New 90 Day High Low • Dec 04New 90-day high: ₩14,050The company is up 5.0% from its price of ₩13,400 on 04 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 12% over the same period.
분석 기사 • Nov 28Here's Why I Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
Is New 90 Day High Low • Sep 21New 90-day low: ₩12,950The company is down 5.0% from its price of ₩13,650 on 23 June 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 35% over the same period.