View Future GrowthASFLOW 과거 순이익 실적과거 기준 점검 0/6ASFLOW 의 수입은 연평균 -55%의 비율로 감소해 온 반면, Semiconductor 산업은 연평균 0.7%의 비율로 증가했습니다. 매출은 연평균 6.2%의 비율로 증가해 왔습니다.핵심 정보-55.00%순이익 성장률-56.15%주당순이익(EPS) 성장률Semiconductor 산업 성장률23.50%매출 성장률6.22%자기자본이익률-13.45%순이익률-9.77%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Mar 20Full year 2025 earnings released: ₩769 loss per share (vs ₩182 loss in FY 2024)Full year 2025 results: ₩769 loss per share (further deteriorated from ₩182 loss in FY 2024). Revenue: ₩67.9b (down 19% from FY 2024). Net loss: ₩9.94b (loss widened 320% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 16Second quarter 2025 earnings released: ₩417 loss per share (vs ₩17.00 loss in 2Q 2024)Second quarter 2025 results: ₩417 loss per share (further deteriorated from ₩17.00 loss in 2Q 2024). Revenue: ₩14.9b (down 30% from 2Q 2024). Net loss: ₩5.39b (loss widened ₩5.17b from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 15Full year 2024 earnings released: ₩182 loss per share (vs ₩272 profit in FY 2023)Full year 2024 results: ₩182 loss per share (down from ₩272 profit in FY 2023). Revenue: ₩83.6b (down 3.8% from FY 2023). Net loss: ₩2.37b (down 166% from profit in FY 2023). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 16Second quarter 2024 earnings released: ₩17.00 loss per share (vs ₩137 profit in 2Q 2023)Second quarter 2024 results: ₩17.00 loss per share (down from ₩137 profit in 2Q 2023). Revenue: ₩21.4b (down 15% from 2Q 2023). Net loss: ₩219.2m (down 112% from profit in 2Q 2023). Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in South Korea.분석 기사 • Mar 27ASFLOW's (KOSDAQ:159010) Soft Earnings Are Actually Better Than They AppearThe market for ASFLOW Co., LTD.'s ( KOSDAQ:159010 ) shares didn't move much after it posted weak earnings recently. We...Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩680 (vs ₩335 in FY 2021)Full year 2022 results: EPS: ₩680 (up from ₩335 in FY 2021). Revenue: ₩88.7b (up 51% from FY 2021). Net income: ₩9.05b (up 128% from FY 2021). Profit margin: 10% (up from 6.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Semiconductor industry in South Korea.모든 업데이트 보기Recent updatesNew Risk • May 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 16% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 52% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩136.9b market cap, or US$92.9m).Reported Earnings • Mar 20Full year 2025 earnings released: ₩769 loss per share (vs ₩182 loss in FY 2024)Full year 2025 results: ₩769 loss per share (further deteriorated from ₩182 loss in FY 2024). Revenue: ₩67.9b (down 19% from FY 2024). Net loss: ₩9.94b (loss widened 320% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.공시 • Mar 10ASFLOW Co., LTD., Annual General Meeting, Mar 31, 2026ASFLOW Co., LTD., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 38, jeongnamsandan-ro, jeongnam-myeon, gyeonggi-do, hwaseong South Korea분석 기사 • Dec 26ASFLOW Co., LTD. (KOSDAQ:159010) Surges 34% Yet Its Low P/S Is No Reason For ExcitementASFLOW Co., LTD. ( KOSDAQ:159010 ) shareholders have had their patience rewarded with a 34% share price jump in the...분석 기사 • Dec 01Is ASFLOW (KOSDAQ:159010) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Dec 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.5% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₩55.6b market cap, or US$37.8m).분석 기사 • Sep 22ASFLOW Co., LTD. (KOSDAQ:159010) Stock Catapults 27% Though Its Price And Business Still Lag The IndustryASFLOW Co., LTD. ( KOSDAQ:159010 ) shares have had a really impressive month, gaining 27% after a shaky period...Reported Earnings • Aug 16Second quarter 2025 earnings released: ₩417 loss per share (vs ₩17.00 loss in 2Q 2024)Second quarter 2025 results: ₩417 loss per share (further deteriorated from ₩17.00 loss in 2Q 2024). Revenue: ₩14.9b (down 30% from 2Q 2024). Net loss: ₩5.39b (loss widened ₩5.17b from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.분석 기사 • May 23Not Many Are Piling Into ASFLOW Co., LTD. (KOSDAQ:159010) Just YetASFLOW Co., LTD.'s ( KOSDAQ:159010 ) price-to-sales (or "P/S") ratio of 0.7x may look like a pretty appealing...Reported Earnings • Mar 15Full year 2024 earnings released: ₩182 loss per share (vs ₩272 profit in FY 2023)Full year 2024 results: ₩182 loss per share (down from ₩272 profit in FY 2023). Revenue: ₩83.6b (down 3.8% from FY 2023). Net loss: ₩2.37b (down 166% from profit in FY 2023). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공시 • Mar 05ASFLOW Co., LTD., Annual General Meeting, Mar 26, 2025ASFLOW Co., LTD., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 38, jeongnamsandan-ro, jeongnam-myeon, gyeonggi-do, hwaseong South Korea분석 기사 • Jan 27We Think ASFLOW (KOSDAQ:159010) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Nov 28New 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 Risks Debt is not well covered by operating cash flow (2.5% operating cash flow to total debt). Earnings have declined by 10% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩60.9b market cap, or US$43.7m).분석 기사 • Nov 11Positive Sentiment Still Eludes ASFLOW Co., LTD. (KOSDAQ:159010) Following 30% Share Price SlumpUnfortunately for some shareholders, the ASFLOW Co., LTD. ( KOSDAQ:159010 ) share price has dived 30% in the last...분석 기사 • Oct 24Here's What's Concerning About ASFLOW's (KOSDAQ:159010) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...Reported Earnings • Aug 16Second quarter 2024 earnings released: ₩17.00 loss per share (vs ₩137 profit in 2Q 2023)Second quarter 2024 results: ₩17.00 loss per share (down from ₩137 profit in 2Q 2023). Revenue: ₩21.4b (down 15% from 2Q 2023). Net loss: ₩219.2m (down 112% from profit in 2Q 2023). Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in South Korea.분석 기사 • Aug 12ASFLOW Co., LTD.'s (KOSDAQ:159010) Business Is Yet to Catch Up With Its Share PriceWith a median price-to-sales (or "P/S") ratio of close to 1.5x in the Semiconductor industry in Korea, you could be...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩7,230, the stock trades at a trailing P/E ratio of 34.9x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 45% over the past year.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩10,470, the stock trades at a trailing P/E ratio of 50.5x. Average forward P/E is 18x in the Semiconductor industry in South Korea. Total loss to shareholders of 32% over the past year.공시 • May 28ASFLOW Co., LTD. (KOSDAQ:A159010) announces an Equity Buyback for KRW 2,000 million worth of its shares.ASFLOW Co., LTD. (KOSDAQ:A159010) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million, pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to uplift the shareholder value and stabilize the stock price. The program will expire on November 26, 2024. As of May 26, 2024, the company had 209,411 shares in treasury within scope available for dividend and no shares under other acquisitions.분석 기사 • Mar 27ASFLOW's (KOSDAQ:159010) Soft Earnings Are Actually Better Than They AppearThe market for ASFLOW Co., LTD.'s ( KOSDAQ:159010 ) shares didn't move much after it posted weak earnings recently. We...공시 • Nov 21ASFLOW Co., LTD. (KOSDAQ:A159010) announces an Equity Buyback for KRW 2,000 million worth of its shares.ASFLOW Co., LTD. (KOSDAQ:A159010) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million, pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to uplift the shareholder value and stabilize the stock price. The program will expire on May 20, 2024. As of November 19, 2023, the company had 189,422 shares in treasury within scope available for dividend and no shares under other acquisitions.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩9,800, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 6.2% over the past year.Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩9,800, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 6.2% over the past year.New Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩132.4b (US$97.8m) 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 Debt is not well covered by operating cash flow (1.0% operating cash flow to total debt). Minor Risk Market cap is less than US$100m (₩132.4b market cap, or US$97.8m).Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩15,230, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 113% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩22,127 per share.Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩680 (vs ₩335 in FY 2021)Full year 2022 results: EPS: ₩680 (up from ₩335 in FY 2021). Revenue: ₩88.7b (up 51% from FY 2021). Net income: ₩9.05b (up 128% from FY 2021). Profit margin: 10% (up from 6.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Semiconductor industry in South Korea.Reported Earnings • Nov 28Third quarter 2022 earnings released: EPS: ₩344 (vs ₩114 loss in 3Q 2021)Third quarter 2022 results: EPS: ₩344 (up from ₩114 loss in 3Q 2021). Revenue: ₩25.9b (up 127% from 3Q 2021). Net income: ₩4.58b (up ₩5.88b from 3Q 2021). Profit margin: 18% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Semiconductor industry in South Korea.공시 • Nov 03ASFLOW Co., LTD. (KOSDAQ:A159010) announces an Equity Buyback for KRW 2,000 million worth of its shares.ASFLOW Co., LTD. (KOSDAQ:A159010) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million, pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to uplift the shareholder value and stabilize the stock price. The program will expire on May 4, 2023. As of November 2, 2022, the company had no shares in treasury within scope available for dividend and in treasury under other acquisitions.Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩8,740, the stock trades at a trailing P/E ratio of 30.2x. Average forward P/E is 7x in the Semiconductor industry in South Korea. Total loss to shareholders of 2.2% over the past year.Reported Earnings • Aug 30Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ₩22.7b (up 74% from 2Q 2021). Net income: ₩2.70b (up 75% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 61%, compared to a 9.9% growth forecast for the Semiconductor industry in South Korea.Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩10,800, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 11x in the Semiconductor industry in South Korea.Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 25% share price gain to ₩28,400, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 10x in the Semiconductor industry in South Korea.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₩19,100, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 10x in the Semiconductor industry in South Korea.Reported Earnings • Jun 02First quarter 2022 earnings released: ₩31.00 loss per share (vs ₩459 profit in 1Q 2021)First quarter 2022 results: ₩31.00 loss per share (down from ₩459 profit in 1Q 2021). Revenue: ₩14.2b (up 9.0% from 1Q 2021). Net loss: ₩214.8m (down 114% from profit in 1Q 2021).Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩25,750, the stock trades at a trailing P/E ratio of 19.2x. Average forward P/E is 4x in the Metals and Mining industry in South Korea.공시 • Oct 09ASFLOW Co., LTD. has completed an IPO in the amount of KRW 15.75 billion.ASFLOW Co., LTD. has completed an IPO in the amount of KRW 15.75 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 630,000 Price\Range: KRW 25000 Discount Per Security: KRW 570 Transaction Features: ESOP Related Offering; Sponsor Backed Offering매출 및 비용 세부 내역ASFLOW가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSDAQ:A159010 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Mar 2670,239-6,8608,1942,01031 Dec 2567,924-9,9378,3982,07430 Sep 2575,765-7,0478,4082,56730 Jun 2577,100-11,1359,2263,32431 Mar 2583,575-5,9679,0692,81131 Dec 2483,610-2,3679,0092,73530 Sep 2482,903-4,4818,3262,42230 Jun 2486,9266978,1382,10731 Mar 2490,6462,7217,0642,53431 Dec 2386,8743,5756,3772,79930 Sep 2392,0707,2195,9333,01130 Jun 2399,15710,9865,4192,64331 Mar 2396,69111,8785,3672,67331 Dec 2288,6569,0535,2042,71430 Sep 2279,9079,7375,1152,20930 Jun 2265,4113,8605,5351,97431 Mar 2260,0692,2255,3311,70431 Dec 2158,8953,9795,0281,22230 Sep 2152,5342,9874,7721,20930 Jun 2151,9535,9594,1861,42531 Mar 2146,2476,6013,7051,58531 Dec 2044,7976,7663,4751,56231 Dec 1940,5962,7604,2291,68331 Dec 1856,5986,7193,2842,31031 Dec 1750,6723,3611,6383,142양질의 수익: A159010 은(는) 현재 수익성이 없습니다.이익 마진 증가: A159010는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A159010은 수익성이 없으며 지난 5년 동안 손실이 연평균 55% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 A159010의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: A159010은 수익성이 없어 지난 해 수익 성장률을 Semiconductor 업계(1.2%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: A159010는 현재 수익성이 없으므로 자본 수익률이 음수(-13.45%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSemiconductors 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 20:49종가2026/05/22 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 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 소스ASFLOW Co., LTD.는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yeong-Min KoDAOL Investment & Securities Co., Ltd.Jongsun ParkEugene Investment & Securities Co Ltd.Se Hoon SohnNH Investment & Securities Co., Ltd.
Reported Earnings • Mar 20Full year 2025 earnings released: ₩769 loss per share (vs ₩182 loss in FY 2024)Full year 2025 results: ₩769 loss per share (further deteriorated from ₩182 loss in FY 2024). Revenue: ₩67.9b (down 19% from FY 2024). Net loss: ₩9.94b (loss widened 320% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 16Second quarter 2025 earnings released: ₩417 loss per share (vs ₩17.00 loss in 2Q 2024)Second quarter 2025 results: ₩417 loss per share (further deteriorated from ₩17.00 loss in 2Q 2024). Revenue: ₩14.9b (down 30% from 2Q 2024). Net loss: ₩5.39b (loss widened ₩5.17b from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 15Full year 2024 earnings released: ₩182 loss per share (vs ₩272 profit in FY 2023)Full year 2024 results: ₩182 loss per share (down from ₩272 profit in FY 2023). Revenue: ₩83.6b (down 3.8% from FY 2023). Net loss: ₩2.37b (down 166% from profit in FY 2023). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 16Second quarter 2024 earnings released: ₩17.00 loss per share (vs ₩137 profit in 2Q 2023)Second quarter 2024 results: ₩17.00 loss per share (down from ₩137 profit in 2Q 2023). Revenue: ₩21.4b (down 15% from 2Q 2023). Net loss: ₩219.2m (down 112% from profit in 2Q 2023). Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in South Korea.
분석 기사 • Mar 27ASFLOW's (KOSDAQ:159010) Soft Earnings Are Actually Better Than They AppearThe market for ASFLOW Co., LTD.'s ( KOSDAQ:159010 ) shares didn't move much after it posted weak earnings recently. We...
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩680 (vs ₩335 in FY 2021)Full year 2022 results: EPS: ₩680 (up from ₩335 in FY 2021). Revenue: ₩88.7b (up 51% from FY 2021). Net income: ₩9.05b (up 128% from FY 2021). Profit margin: 10% (up from 6.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Semiconductor industry in South Korea.
New Risk • May 03New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 16% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 52% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩136.9b market cap, or US$92.9m).
Reported Earnings • Mar 20Full year 2025 earnings released: ₩769 loss per share (vs ₩182 loss in FY 2024)Full year 2025 results: ₩769 loss per share (further deteriorated from ₩182 loss in FY 2024). Revenue: ₩67.9b (down 19% from FY 2024). Net loss: ₩9.94b (loss widened 320% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
공시 • Mar 10ASFLOW Co., LTD., Annual General Meeting, Mar 31, 2026ASFLOW Co., LTD., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 38, jeongnamsandan-ro, jeongnam-myeon, gyeonggi-do, hwaseong South Korea
분석 기사 • Dec 26ASFLOW Co., LTD. (KOSDAQ:159010) Surges 34% Yet Its Low P/S Is No Reason For ExcitementASFLOW Co., LTD. ( KOSDAQ:159010 ) shareholders have had their patience rewarded with a 34% share price jump in the...
분석 기사 • Dec 01Is ASFLOW (KOSDAQ:159010) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Dec 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.5% operating cash flow to total debt). Earnings have declined by 49% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (₩55.6b market cap, or US$37.8m).
분석 기사 • Sep 22ASFLOW Co., LTD. (KOSDAQ:159010) Stock Catapults 27% Though Its Price And Business Still Lag The IndustryASFLOW Co., LTD. ( KOSDAQ:159010 ) shares have had a really impressive month, gaining 27% after a shaky period...
Reported Earnings • Aug 16Second quarter 2025 earnings released: ₩417 loss per share (vs ₩17.00 loss in 2Q 2024)Second quarter 2025 results: ₩417 loss per share (further deteriorated from ₩17.00 loss in 2Q 2024). Revenue: ₩14.9b (down 30% from 2Q 2024). Net loss: ₩5.39b (loss widened ₩5.17b from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
분석 기사 • May 23Not Many Are Piling Into ASFLOW Co., LTD. (KOSDAQ:159010) Just YetASFLOW Co., LTD.'s ( KOSDAQ:159010 ) price-to-sales (or "P/S") ratio of 0.7x may look like a pretty appealing...
Reported Earnings • Mar 15Full year 2024 earnings released: ₩182 loss per share (vs ₩272 profit in FY 2023)Full year 2024 results: ₩182 loss per share (down from ₩272 profit in FY 2023). Revenue: ₩83.6b (down 3.8% from FY 2023). Net loss: ₩2.37b (down 166% from profit in FY 2023). Revenue is forecast to grow 40% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공시 • Mar 05ASFLOW Co., LTD., Annual General Meeting, Mar 26, 2025ASFLOW Co., LTD., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 38, jeongnamsandan-ro, jeongnam-myeon, gyeonggi-do, hwaseong South Korea
분석 기사 • Jan 27We Think ASFLOW (KOSDAQ:159010) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Nov 28New 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 Risks Debt is not well covered by operating cash flow (2.5% operating cash flow to total debt). Earnings have declined by 10% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩60.9b market cap, or US$43.7m).
분석 기사 • Nov 11Positive Sentiment Still Eludes ASFLOW Co., LTD. (KOSDAQ:159010) Following 30% Share Price SlumpUnfortunately for some shareholders, the ASFLOW Co., LTD. ( KOSDAQ:159010 ) share price has dived 30% in the last...
분석 기사 • Oct 24Here's What's Concerning About ASFLOW's (KOSDAQ:159010) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Reported Earnings • Aug 16Second quarter 2024 earnings released: ₩17.00 loss per share (vs ₩137 profit in 2Q 2023)Second quarter 2024 results: ₩17.00 loss per share (down from ₩137 profit in 2Q 2023). Revenue: ₩21.4b (down 15% from 2Q 2023). Net loss: ₩219.2m (down 112% from profit in 2Q 2023). Revenue is forecast to grow 49% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in South Korea.
분석 기사 • Aug 12ASFLOW Co., LTD.'s (KOSDAQ:159010) Business Is Yet to Catch Up With Its Share PriceWith a median price-to-sales (or "P/S") ratio of close to 1.5x in the Semiconductor industry in Korea, you could be...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩7,230, the stock trades at a trailing P/E ratio of 34.9x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 45% over the past year.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩10,470, the stock trades at a trailing P/E ratio of 50.5x. Average forward P/E is 18x in the Semiconductor industry in South Korea. Total loss to shareholders of 32% over the past year.
공시 • May 28ASFLOW Co., LTD. (KOSDAQ:A159010) announces an Equity Buyback for KRW 2,000 million worth of its shares.ASFLOW Co., LTD. (KOSDAQ:A159010) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million, pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to uplift the shareholder value and stabilize the stock price. The program will expire on November 26, 2024. As of May 26, 2024, the company had 209,411 shares in treasury within scope available for dividend and no shares under other acquisitions.
분석 기사 • Mar 27ASFLOW's (KOSDAQ:159010) Soft Earnings Are Actually Better Than They AppearThe market for ASFLOW Co., LTD.'s ( KOSDAQ:159010 ) shares didn't move much after it posted weak earnings recently. We...
공시 • Nov 21ASFLOW Co., LTD. (KOSDAQ:A159010) announces an Equity Buyback for KRW 2,000 million worth of its shares.ASFLOW Co., LTD. (KOSDAQ:A159010) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million, pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to uplift the shareholder value and stabilize the stock price. The program will expire on May 20, 2024. As of November 19, 2023, the company had 189,422 shares in treasury within scope available for dividend and no shares under other acquisitions.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩9,800, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 6.2% over the past year.
Valuation Update With 7 Day Price Move • Nov 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩9,800, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 6.2% over the past year.
New Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩132.4b (US$97.8m) 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 Debt is not well covered by operating cash flow (1.0% operating cash flow to total debt). Minor Risk Market cap is less than US$100m (₩132.4b market cap, or US$97.8m).
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₩15,230, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 113% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ₩22,127 per share.
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩680 (vs ₩335 in FY 2021)Full year 2022 results: EPS: ₩680 (up from ₩335 in FY 2021). Revenue: ₩88.7b (up 51% from FY 2021). Net income: ₩9.05b (up 128% from FY 2021). Profit margin: 10% (up from 6.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the Semiconductor industry in South Korea.
Reported Earnings • Nov 28Third quarter 2022 earnings released: EPS: ₩344 (vs ₩114 loss in 3Q 2021)Third quarter 2022 results: EPS: ₩344 (up from ₩114 loss in 3Q 2021). Revenue: ₩25.9b (up 127% from 3Q 2021). Net income: ₩4.58b (up ₩5.88b from 3Q 2021). Profit margin: 18% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Semiconductor industry in South Korea.
공시 • Nov 03ASFLOW Co., LTD. (KOSDAQ:A159010) announces an Equity Buyback for KRW 2,000 million worth of its shares.ASFLOW Co., LTD. (KOSDAQ:A159010) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,000 million, pursuant to a trust contract with NH Investment & Securities Co., Ltd. The purpose of the program is to uplift the shareholder value and stabilize the stock price. The program will expire on May 4, 2023. As of November 2, 2022, the company had no shares in treasury within scope available for dividend and in treasury under other acquisitions.
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₩8,740, the stock trades at a trailing P/E ratio of 30.2x. Average forward P/E is 7x in the Semiconductor industry in South Korea. Total loss to shareholders of 2.2% over the past year.
Reported Earnings • Aug 30Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ₩22.7b (up 74% from 2Q 2021). Net income: ₩2.70b (up 75% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 61%, compared to a 9.9% growth forecast for the Semiconductor industry in South Korea.
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₩10,800, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 11x in the Semiconductor industry in South Korea.
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improved over the past weekAfter last week's 25% share price gain to ₩28,400, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 10x in the Semiconductor industry in South Korea.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₩19,100, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 10x in the Semiconductor industry in South Korea.
Reported Earnings • Jun 02First quarter 2022 earnings released: ₩31.00 loss per share (vs ₩459 profit in 1Q 2021)First quarter 2022 results: ₩31.00 loss per share (down from ₩459 profit in 1Q 2021). Revenue: ₩14.2b (up 9.0% from 1Q 2021). Net loss: ₩214.8m (down 114% from profit in 1Q 2021).
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩25,750, the stock trades at a trailing P/E ratio of 19.2x. Average forward P/E is 4x in the Metals and Mining industry in South Korea.
공시 • Oct 09ASFLOW Co., LTD. has completed an IPO in the amount of KRW 15.75 billion.ASFLOW Co., LTD. has completed an IPO in the amount of KRW 15.75 billion. Security Name: Common Stock Security Type: Common Stock Securities Offered: 630,000 Price\Range: KRW 25000 Discount Per Security: KRW 570 Transaction Features: ESOP Related Offering; Sponsor Backed Offering