New Risk • Mar 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩150.5b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩150.5b market cap, or US$99.9m). 공시 • Mar 07
Miwon Holdings Co., Ltd., Annual General Meeting, Mar 27, 2026 Miwon Holdings Co., Ltd., Annual General Meeting, Mar 27, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 20, poeun-daero 59beon-gil, suji-gu, gyeonggi-do, yongin South Korea New Risk • Jan 27
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Mar 26
New major risk - Revenue and earnings growth Earnings have declined by 0.1% 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. This is currently the only risk that has been identified for the company. 공시 • Mar 06
Miwon Holdings Co., Ltd., Annual General Meeting, Mar 27, 2025 Miwon Holdings Co., Ltd., Annual General Meeting, Mar 27, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 20, poeun-daero 59beon-gil, suji-gu, gyeonggi-do, yongin South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩700 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 14 April 2025. Payout ratio is a comfortable 5.8% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (3.9%). Lower than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩94,800, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 16x in the Chemicals industry in South Korea. Total loss to shareholders of 22% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩700 per share at 0.9% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 17 April 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.8%). Upcoming Dividend • Dec 21
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 21 April 2023. Payout ratio is a comfortable 3.6% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.4%). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Dec 22
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 11 April 2022. Payout ratio is a comfortable 3.8% but the company is paying out more than the cash it is generating. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improved over the past week After last week's 17% share price gain to ₩148,000, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 19x in the Chemicals industry in South Korea. Total returns to shareholders of 288% over the past three years. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 19% share price gain to ₩137,500, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 20x in the Chemicals industry in South Korea. Total returns to shareholders of 209% over the past three years. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 21% share price gain to ₩90,800, the stock trades at a trailing P/E ratio of 11.9x, up from the previous P/E ratio of 9.8x. Average P/E is 18x in the Chemicals industry in South Korea. Total returns to shareholders over the past three years are 97%. Is New 90 Day High Low • Mar 15
New 90-day high: ₩85,500 The company is up 13% from a price of ₩75,400 on 15 December 2020. Outperformed the South Korean market which is up 9.0% over the last 90 days. Lagged the Chemicals industry, which is up 16% over the same period. 공시 • Feb 27
Miwon Holdings Co., Ltd., Annual General Meeting, Mar 29, 2021 Miwon Holdings Co., Ltd., Annual General Meeting, Mar 29, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Dec 28
New 90-day high: ₩76,000 The company is up 37% from its price of ₩55,500 on 29 September 2020. The South Korean market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: ₩71,200 The company is up 29% from its price of ₩55,000 on 10 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 Chemicals industry, which is up 12% over the same period. Is New 90 Day High Low • Nov 07
New 90-day high: ₩63,800 The company is up 29% from its price of ₩49,550 on 07 August 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 6.0% over the same period. Is New 90 Day High Low • Oct 22
New 90-day high: ₩60,100 The company is up 28% from its price of ₩46,950 on 24 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 20% over the same period. 공시 • Sep 19
Lee Sun Bok acquired 0.9% stake in Miwon Specialty Chemical Co., Ltd. (KOSE:A107590). Lee Sun Bok acquired 0.9% stake in Miwon Specialty Chemical Co., Ltd. (KOSE:A107590) on January 9, 2017. Lee Sun Bok has acquired 0.006 million shares of Miwon Specialty Chemical.
Lee Sun Bok completed the acquisition of acquired 0.9% stake in Miwon Specialty Chemical Co., Ltd. (KOSE:A107590) on January 9, 2017.