View Future GrowthUnion 과거 순이익 실적과거 기준 점검 3/6Union의 수입은 연평균 -29.2%의 비율로 감소해 온 반면, Basic Materials 산업은 수입이 연평균 1.6% 감소했습니다. 매출은 연평균 0.4%의 비율로 감소해 왔습니다. Union의 자기자본이익률은 34.2%이고 순이익률은 26.3%입니다.핵심 정보-29.21%순이익 성장률-29.29%주당순이익(EPS) 성장률Basic Materials 산업 성장률24.67%매출 성장률-0.38%자기자본이익률34.21%순이익률26.29%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트분석 기사 • May 26We Think You Should Be Aware Of Some Concerning Factors In Union's (KRX:000910) EarningsThe market shrugged off Union Corporation's ( KRX:000910 ) solid earnings report. We did some digging and believe...Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩169 (vs ₩66.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩169 (up from ₩66.00 in 2Q 2024). Revenue: ₩54.5b (down 2.8% from 2Q 2024). Net income: ₩2.63b (up 156% from 2Q 2024). Profit margin: 4.8% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 30Union's (KRX:000910) Solid Earnings May Rest On Weak FoundationsUnion Corporation's ( KRX:000910 ) robust recent earnings didn't do much to move the stock. We believe that...분석 기사 • Mar 31There Are Some Holes In Union's (KRX:000910) Solid Earnings ReleaseUnion Corporation ( KRX:000910 ) posted some decent earnings, but shareholders didn't react strongly. Our analysis has...모든 업데이트 보기Recent updates분석 기사 • May 26We Think You Should Be Aware Of Some Concerning Factors In Union's (KRX:000910) EarningsThe market shrugged off Union Corporation's ( KRX:000910 ) solid earnings report. We did some digging and believe...New Risk • Apr 04New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Paying a dividend despite being loss-making. Large one-off items impacting financial results. Market cap is less than US$100m (₩68.2b market cap, or US$45.2m).공시 • Mar 10Union Corporation, Annual General Meeting, Mar 27, 2026Union Corporation, Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 94, sogong-ro, jung-gu, seoul South KoreaUpcoming Dividend • Dec 22Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 April 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.9%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (4.6%).Declared Dividend • Nov 08Dividend of ₩125 announcedDividend of ₩125 is the same as last year. Ex-date: 29th December 2025 Payment date: 16th April 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (13% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 6 years and payments have been stable during that time.공시 • Nov 07Union Corporation announces Annual dividend, payable on April 16, 2026Union Corporation announced Annual dividend of KRW 125.0000 per share payable on April 16, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.New Risk • Oct 13New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 48% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩92.6b market cap, or US$64.9m).분석 기사 • Oct 10Some Confidence Is Lacking In Union Corporation's (KRX:000910) P/SIt's not a stretch to say that Union Corporation's ( KRX:000910 ) price-to-sales (or "P/S") ratio of 0.4x seems quite...Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩169 (vs ₩66.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩169 (up from ₩66.00 in 2Q 2024). Revenue: ₩54.5b (down 2.8% from 2Q 2024). Net income: ₩2.63b (up 156% from 2Q 2024). Profit margin: 4.8% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.분석 기사 • Apr 08Is Union (KRX:000910) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Mar 12Union Corporation, Annual General Meeting, Mar 28, 2025Union Corporation, Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 94, sogong-ro, jung-gu, seoul South Korea분석 기사 • Feb 03What Union Corporation's (KRX:000910) 25% Share Price Gain Is Not Telling YouUnion Corporation ( KRX:000910 ) shares have continued their recent momentum with a 25% gain in the last month alone...분석 기사 • Feb 03Union Corporation (KRX:000910) Stock Rockets 25% As Investors Are Less Pessimistic Than ExpectedUnion Corporation ( KRX:000910 ) shares have continued their recent momentum with a 25% gain in the last month alone...New Risk • Feb 03New 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 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩100.5b market cap, or US$68.6m).Upcoming Dividend • Dec 20Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (4.3%).New Risk • Nov 29New 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 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₩77.4b market cap, or US$55.5m).New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 2.4% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (₩74.9b market cap, or US$53.3m).분석 기사 • Oct 16Is Union (KRX:000910) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...분석 기사 • Aug 06It's A Story Of Risk Vs Reward With Union Corporation (KRX:000910)With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Basic Materials industry in Korea, you could be...분석 기사 • Mar 30Union's (KRX:000910) Solid Earnings May Rest On Weak FoundationsUnion Corporation's ( KRX:000910 ) robust recent earnings didn't do much to move the stock. We believe that...Upcoming Dividend • Dec 20Upcoming dividend of ₩125 per share at 2.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (4.3%).New Risk • Dec 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 8.6% 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 Risk Debt is not well covered by operating cash flow (0.09% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩92.1b market cap, or US$69.8m).Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩6,170, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 10x in the Basic Materials industry in South Korea. Negligible returns to shareholders over past three years.Upcoming Dividend • Dec 21Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 13 April 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.7%).Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO, VP & Director Woo Sun Lee was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩5,970, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 12x in the Basic Materials industry in South Korea. Total returns to shareholders of 40% over the past three years.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩4,750, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 12x in the Basic Materials industry in South Korea. Total returns to shareholders of 6.1% over the past three years.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. CEO, VP & Director Woo Sun Lee was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Dec 22Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 14 April 2022. Payout ratio is a comfortable 3.7% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.7%).Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩7,730, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 19x in the Basic Materials industry in South Korea. Total returns to shareholders of 108% over the past three years.분석 기사 • Apr 28Union (KRX:000910) Might Have The Makings Of A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...분석 기사 • Mar 31There Are Some Holes In Union's (KRX:000910) Solid Earnings ReleaseUnion Corporation ( KRX:000910 ) posted some decent earnings, but shareholders didn't react strongly. Our analysis has...공시 • Mar 18Union Corporation, Annual General Meeting, Mar 31, 2021Union Corporation, Annual General Meeting, Mar 31, 2021, at 10:00 Korea Standard Time.분석 기사 • Mar 03Something To Consider Before Buying Union Corporation (KRX:000910) For The 1.2% DividendCould Union Corporation ( KRX:000910 ) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Feb 19New 90-day high: ₩8,240The company is up 30% from its price of ₩6,350 on 20 November 2020. The South Korean market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 58% over the same period.분석 기사 • Feb 10Union (KRX:000910) Seems To Be Using A Lot Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Jan 15What Do The Returns At Union (KRX:000910) Mean Going Forward?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Is New 90 Day High Low • Jan 11New 90-day low: ₩5,610The company is down 29% from its price of ₩7,930 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 29% over the same period.Upcoming Dividend • Dec 22Upcoming Dividend of ₩100.00 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.7% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (2.4%).Is New 90 Day High Low • Dec 22New 90-day low: ₩5,950The company is down 21% from its price of ₩7,550 on 23 September 2020. The South Korean market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 18% over the same period.분석 기사 • Dec 20If You Had Bought Union (KRX:000910) Stock Three Years Ago, You Could Pocket A 57% Gain TodayWhile Union Corporation ( KRX:000910 ) shareholders are probably generally happy, the stock hasn't had particularly...분석 기사 • Nov 24Is Union Corporation (KRX:000910) At Risk Of Cutting Its Dividend?Could Union Corporation (KRX:000910) be an attractive dividend share to own for the long haul? Investors are often...Is New 90 Day High Low • Nov 11New 90-day low: ₩6,380The company is down 37% from its price of ₩10,050 on 13 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 9.0% over the same period.Is New 90 Day High Low • Oct 26New 90-day low: ₩6,800The company is down 18% from its price of ₩8,310 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 3.0% over the same period.매출 및 비용 세부 내역Union가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSE:A000910 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Mar 26197,22151,84922,9393,01931 Dec 25202,40123,35523,6992,97830 Sep 25208,082-13,87829,0133,35430 Jun 25212,384-29,81228,8303,40731 Mar 25213,954-31,41929,2813,57831 Dec 24218,159-41,96430,7363,72830 Sep 24220,793-20,18527,3033,61330 Jun 24223,562-15,39827,0253,71231 Mar 24226,647-10,23626,4203,58631 Dec 23224,6507,30124,9453,65530 Sep 23228,8343,80424,7563,57830 Jun 23230,486-14,62625,0443,40731 Mar 23233,044-1,34626,4583,20531 Dec 22234,981-10,11126,8613,01230 Sep 22230,279-30,49627,2092,98130 Jun 22226,09416,70926,8043,03531 Mar 22220,793-3,68525,3943,01131 Dec 21215,9238,52124,1653,02030 Sep 21210,59952,33323,3522,89930 Jun 21203,65938,10322,0562,71631 Mar 21190,24140,38320,5142,72031 Dec 20189,19314,40820,7442,73830 Sep 20188,810-4,28920,6813,22930 Jun 20199,505-22,42021,4323,36531 Mar 20210,216-20,44922,2443,43731 Dec 19210,086-15,04822,3223,48430 Sep 19215,020-39,67922,5813,26230 Jun 19209,564-27,13022,1923,23831 Mar 19209,830-54,84022,5133,28231 Dec 18208,863-38,09222,5483,20230 Sep 18204,237-8,27122,7933,48530 Jun 18205,497-10,78523,0193,65431 Mar 18208,91615,49123,0343,84431 Dec 17181,1395,04619,8993,41730 Sep 17153,01044617,4252,54730 Jun 17122,1266613,4721,88231 Mar 1790,964-72410,3631,22431 Dec 1692,313-64910,5421,20130 Jun 1697,503-3,57111,3951,22331 Mar 1697,296-2,98411,4381,19931 Dec 15100,482-2,91011,3441,29430 Sep 15106,2572,08411,5141,359양질의 수익: A000910는 ₩71.3B 규모의 큰 일회성 이익이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: A000910는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A000910는 지난 5년 동안 흑자전환하며 연평균 -29.2%의 수익 성장을 기록했습니다.성장 가속화: A000910는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: A000910는 지난해 흑자전환하여 지난 해 수익 성장률을 Basic Materials 업계(-23.7%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: A000910의 자본 수익률(34.2%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/06 19:14종가2026/07/06 00:00수익2026/03/31연간 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Union Corporation는 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 26We Think You Should Be Aware Of Some Concerning Factors In Union's (KRX:000910) EarningsThe market shrugged off Union Corporation's ( KRX:000910 ) solid earnings report. We did some digging and believe...
Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩169 (vs ₩66.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩169 (up from ₩66.00 in 2Q 2024). Revenue: ₩54.5b (down 2.8% from 2Q 2024). Net income: ₩2.63b (up 156% from 2Q 2024). Profit margin: 4.8% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 30Union's (KRX:000910) Solid Earnings May Rest On Weak FoundationsUnion Corporation's ( KRX:000910 ) robust recent earnings didn't do much to move the stock. We believe that...
분석 기사 • Mar 31There Are Some Holes In Union's (KRX:000910) Solid Earnings ReleaseUnion Corporation ( KRX:000910 ) posted some decent earnings, but shareholders didn't react strongly. Our analysis has...
분석 기사 • May 26We Think You Should Be Aware Of Some Concerning Factors In Union's (KRX:000910) EarningsThe market shrugged off Union Corporation's ( KRX:000910 ) solid earnings report. We did some digging and believe...
New Risk • Apr 04New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risks Paying a dividend despite being loss-making. Large one-off items impacting financial results. Market cap is less than US$100m (₩68.2b market cap, or US$45.2m).
공시 • Mar 10Union Corporation, Annual General Meeting, Mar 27, 2026Union Corporation, Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 94, sogong-ro, jung-gu, seoul South Korea
Upcoming Dividend • Dec 22Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 April 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.9%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (4.6%).
Declared Dividend • Nov 08Dividend of ₩125 announcedDividend of ₩125 is the same as last year. Ex-date: 29th December 2025 Payment date: 16th April 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (13% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 6 years and payments have been stable during that time.
공시 • Nov 07Union Corporation announces Annual dividend, payable on April 16, 2026Union Corporation announced Annual dividend of KRW 125.0000 per share payable on April 16, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
New Risk • Oct 13New 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 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 48% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩92.6b market cap, or US$64.9m).
분석 기사 • Oct 10Some Confidence Is Lacking In Union Corporation's (KRX:000910) P/SIt's not a stretch to say that Union Corporation's ( KRX:000910 ) price-to-sales (or "P/S") ratio of 0.4x seems quite...
Reported Earnings • Aug 20Second quarter 2025 earnings released: EPS: ₩169 (vs ₩66.00 in 2Q 2024)Second quarter 2025 results: EPS: ₩169 (up from ₩66.00 in 2Q 2024). Revenue: ₩54.5b (down 2.8% from 2Q 2024). Net income: ₩2.63b (up 156% from 2Q 2024). Profit margin: 4.8% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
분석 기사 • Apr 08Is Union (KRX:000910) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Mar 12Union Corporation, Annual General Meeting, Mar 28, 2025Union Corporation, Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: auditorium, 94, sogong-ro, jung-gu, seoul South Korea
분석 기사 • Feb 03What Union Corporation's (KRX:000910) 25% Share Price Gain Is Not Telling YouUnion Corporation ( KRX:000910 ) shares have continued their recent momentum with a 25% gain in the last month alone...
분석 기사 • Feb 03Union Corporation (KRX:000910) Stock Rockets 25% As Investors Are Less Pessimistic Than ExpectedUnion Corporation ( KRX:000910 ) shares have continued their recent momentum with a 25% gain in the last month alone...
New Risk • Feb 03New 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 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩100.5b market cap, or US$68.6m).
Upcoming Dividend • Dec 20Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 17 April 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (4.3%).
New Risk • Nov 29New 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 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₩77.4b market cap, or US$55.5m).
New Risk • Nov 23New major risk - Revenue and earnings growthEarnings have declined by 2.4% 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 2.4% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (₩74.9b market cap, or US$53.3m).
분석 기사 • Oct 16Is Union (KRX:000910) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
분석 기사 • Aug 06It's A Story Of Risk Vs Reward With Union Corporation (KRX:000910)With a median price-to-sales (or "P/S") ratio of close to 0.4x in the Basic Materials industry in Korea, you could be...
분석 기사 • Mar 30Union's (KRX:000910) Solid Earnings May Rest On Weak FoundationsUnion Corporation's ( KRX:000910 ) robust recent earnings didn't do much to move the stock. We believe that...
Upcoming Dividend • Dec 20Upcoming dividend of ₩125 per share at 2.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (4.3%).
New Risk • Dec 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 8.6% 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 Risk Debt is not well covered by operating cash flow (0.09% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩92.1b market cap, or US$69.8m).
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₩6,170, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 10x in the Basic Materials industry in South Korea. Negligible returns to shareholders over past three years.
Upcoming Dividend • Dec 21Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 13 April 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.7%).
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. CEO, VP & Director Woo Sun Lee was the last director to join the board, commencing their role in 2020. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩5,970, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 12x in the Basic Materials industry in South Korea. Total returns to shareholders of 40% over the past three years.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₩4,750, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 12x in the Basic Materials industry in South Korea. Total returns to shareholders of 6.1% over the past three years.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. CEO, VP & Director Woo Sun Lee was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Dec 22Upcoming dividend of ₩125 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 14 April 2022. Payout ratio is a comfortable 3.7% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (1.7%).
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improved over the past weekAfter last week's 23% share price gain to ₩7,730, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 19x in the Basic Materials industry in South Korea. Total returns to shareholders of 108% over the past three years.
분석 기사 • Apr 28Union (KRX:000910) Might Have The Makings Of A Multi-BaggerFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
분석 기사 • Mar 31There Are Some Holes In Union's (KRX:000910) Solid Earnings ReleaseUnion Corporation ( KRX:000910 ) posted some decent earnings, but shareholders didn't react strongly. Our analysis has...
공시 • Mar 18Union Corporation, Annual General Meeting, Mar 31, 2021Union Corporation, Annual General Meeting, Mar 31, 2021, at 10:00 Korea Standard Time.
분석 기사 • Mar 03Something To Consider Before Buying Union Corporation (KRX:000910) For The 1.2% DividendCould Union Corporation ( KRX:000910 ) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Feb 19New 90-day high: ₩8,240The company is up 30% from its price of ₩6,350 on 20 November 2020. The South Korean market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 58% over the same period.
분석 기사 • Feb 10Union (KRX:000910) Seems To Be Using A Lot Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Jan 15What Do The Returns At Union (KRX:000910) Mean Going Forward?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Is New 90 Day High Low • Jan 11New 90-day low: ₩5,610The company is down 29% from its price of ₩7,930 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 29% over the same period.
Upcoming Dividend • Dec 22Upcoming Dividend of ₩100.00 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.7% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (2.4%).
Is New 90 Day High Low • Dec 22New 90-day low: ₩5,950The company is down 21% from its price of ₩7,550 on 23 September 2020. The South Korean market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 18% over the same period.
분석 기사 • Dec 20If You Had Bought Union (KRX:000910) Stock Three Years Ago, You Could Pocket A 57% Gain TodayWhile Union Corporation ( KRX:000910 ) shareholders are probably generally happy, the stock hasn't had particularly...
분석 기사 • Nov 24Is Union Corporation (KRX:000910) At Risk Of Cutting Its Dividend?Could Union Corporation (KRX:000910) be an attractive dividend share to own for the long haul? Investors are often...
Is New 90 Day High Low • Nov 11New 90-day low: ₩6,380The company is down 37% from its price of ₩10,050 on 13 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 9.0% over the same period.
Is New 90 Day High Low • Oct 26New 90-day low: ₩6,800The company is down 18% from its price of ₩8,310 on 28 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 3.0% over the same period.