View Past PerformanceInswave 대차대조표 건전성재무 건전성 기준 점검 3/6Inswave 의 총 주주 지분은 ₩40.5B 이고 총 부채는 ₩2.0B, 이는 부채 대 자기자본 비율을 4.9% 로 가져옵니다. 총자산과 총부채는 각각 ₩52.8B 및 ₩12.2B 입니다.핵심 정보4.94%부채/자본 비율₩2.00b부채이자보상배율n/a현금₩12.15b자본₩40.51b총부채₩12.24b총자산₩52.75b최근 재무 건전성 업데이트분석 기사 • Nov 12Does Inswave Systems (KOSDAQ:450520) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...모든 업데이트 보기Recent updates공시 • Feb 27Inswave Co., Ltd., Annual General Meeting, Mar 27, 2026Inswave Co., Ltd., Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 372, yeouidaebang-ro, yeongdeungpo-gu, seoul South KoreaReported Earnings • Mar 26Full year 2024 earnings released: ₩133 loss per share (vs ₩384 profit in FY 2023)Full year 2024 results: ₩133 loss per share (down from ₩384 profit in FY 2023). Revenue: ₩30.4b (down 6.7% from FY 2023). Net loss: ₩1.96b (down 142% from profit in FY 2023).공시 • Mar 15Inswave Systems Co., Ltd., Annual General Meeting, Mar 28, 2025Inswave Systems Co., Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 38, gukjegeumyung-ro, yeongdeungpo-gu, seoul South Korea분석 기사 • Feb 03Inswave Systems Co., Ltd.'s (KOSDAQ:450520) 32% Price Boost Is Out Of Tune With EarningsDespite an already strong run, Inswave Systems Co., Ltd. ( KOSDAQ:450520 ) shares have been powering on, with a gain of...Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₩4,625, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 28% over the past year.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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Market cap is less than US$100m (₩66.6b market cap, or US$46.4m).Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₩3,990, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 47% over the past year.분석 기사 • Dec 02What Inswave Systems Co., Ltd.'s (KOSDAQ:450520) 29% Share Price Gain Is Not Telling YouInswave Systems Co., Ltd. ( KOSDAQ:450520 ) shareholders would be excited to see that the share price has had a great...분석 기사 • Nov 12Does Inswave Systems (KOSDAQ:450520) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩2,925, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 13x in the Software industry in South Korea. Total loss to shareholders of 47% over the past year.New Risk • Aug 05New 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 12% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 23% over the past year. High level of non-cash earnings (36% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (9.7% net profit margin). Market cap is less than US$100m (₩54.9b market cap, or US$40.3m).Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩4,790, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 15x in the Software industry in South Korea.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩7,400, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 16x in the Software industry in South Korea.Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩20,550, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 17x in the Software industry in South Korea.New Risk • Jun 11New 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 7.7% 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 Revenue has declined by 23% over the past year. High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (9.7% net profit margin). Market cap is less than US$100m (₩82.5b market cap, or US$59.9m).분석 기사 • May 29Inswave Systems' (KOSDAQ:450520) Profits Appear To Have Quality IssuesInswave Systems Co., Ltd.'s ( KOSDAQ:450520 ) robust recent earnings didn't do much to move the stock. We believe that...New Risk • May 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 61% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (61% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₩88.0b market cap, or US$64.4m).분석 기사 • May 24A Look At The Intrinsic Value Of Inswave Systems Co., Ltd. (KOSDAQ:450520)Key Insights Inswave Systems' estimated fair value is ₩18,838 based on 2 Stage Free Cash Flow to Equity Current share...Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 40% to ₩15,430. The fair value is estimated to be ₩19,549, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Buy Or Sell Opportunity • Apr 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to ₩15,340. The fair value is estimated to be ₩19,852, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩25,650, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 23x in the Software industry in South Korea.Buy Or Sell Opportunity • Jan 25Now 21% undervaluedOver the last 90 days, the stock has risen 42% to ₩25,550. The fair value is estimated to be ₩32,412, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Buying Opportunity • Jan 16Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be ₩32,916, however this is not to be taken as a buy recommendation but rather should be used as a guide only.Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 35%After last week's 35% share price gain to ₩24,450, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 21x in the Software industry in South Korea.Valuation Update With 7 Day Price Move • Dec 27Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩17,450, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 19x in the Software industry in South Korea.Valuation Update With 7 Day Price Move • Dec 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩20,500, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 20x in the Software industry in South Korea.Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩15,730, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 17x in the Software industry in South Korea.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩20,950, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 18x in the Software industry in South Korea.공시 • Sep 26Inswave Systems Co., Ltd. has completed an IPO in the amount of KRW 26.4 billion.Inswave Systems Co., Ltd. has completed an IPO in the amount of KRW 26.4 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 1,100,000 Price\Range: KRW 24000재무 상태 분석단기부채: A450520 의 단기 자산 ( ₩38.3B )이 단기 부채( ₩7.2B ).장기 부채: A450520의 단기 자산(₩38.3B)이 장기 부채(₩5.1B)를 초과합니다.부채/자본 비율 추이 및 분석부채 수준: A450520 총 부채보다 더 많은 현금을 보유하고 있습니다.부채 감소: 지난 5년 동안 A450520의 부채 대비 자본 비율이 감소했는지 판단하기에 데이터가 부족합니다.부채 범위: A450520 의 영업현금흐름이 마이너스이므로 부채가 제대로 상환되지 않습니다.이자 보장: A450520 의 부채에 대한 이자 지급이 EBIT에 의해 잘 충당되었는지 판단할 데이터가 부족합니다.대차대조표건전한 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 건실한 기업.View Dividend기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 23:54종가2026/05/21 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 소스Inswave Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
분석 기사 • Nov 12Does Inswave Systems (KOSDAQ:450520) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Feb 27Inswave Co., Ltd., Annual General Meeting, Mar 27, 2026Inswave Co., Ltd., Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 372, yeouidaebang-ro, yeongdeungpo-gu, seoul South Korea
Reported Earnings • Mar 26Full year 2024 earnings released: ₩133 loss per share (vs ₩384 profit in FY 2023)Full year 2024 results: ₩133 loss per share (down from ₩384 profit in FY 2023). Revenue: ₩30.4b (down 6.7% from FY 2023). Net loss: ₩1.96b (down 142% from profit in FY 2023).
공시 • Mar 15Inswave Systems Co., Ltd., Annual General Meeting, Mar 28, 2025Inswave Systems Co., Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 38, gukjegeumyung-ro, yeongdeungpo-gu, seoul South Korea
분석 기사 • Feb 03Inswave Systems Co., Ltd.'s (KOSDAQ:450520) 32% Price Boost Is Out Of Tune With EarningsDespite an already strong run, Inswave Systems Co., Ltd. ( KOSDAQ:450520 ) shares have been powering on, with a gain of...
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₩4,625, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 16x in the Software industry in South Korea. Total loss to shareholders of 28% over the past year.
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 Risks No financial data reported. Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Market cap is less than US$100m (₩66.6b market cap, or US$46.4m).
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ₩3,990, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 15x in the Software industry in South Korea. Total loss to shareholders of 47% over the past year.
분석 기사 • Dec 02What Inswave Systems Co., Ltd.'s (KOSDAQ:450520) 29% Share Price Gain Is Not Telling YouInswave Systems Co., Ltd. ( KOSDAQ:450520 ) shareholders would be excited to see that the share price has had a great...
분석 기사 • Nov 12Does Inswave Systems (KOSDAQ:450520) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₩2,925, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 13x in the Software industry in South Korea. Total loss to shareholders of 47% over the past year.
New Risk • Aug 05New 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 12% 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 Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 23% over the past year. High level of non-cash earnings (36% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (9.7% net profit margin). Market cap is less than US$100m (₩54.9b market cap, or US$40.3m).
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩4,790, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 15x in the Software industry in South Korea.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩7,400, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 16x in the Software industry in South Korea.
Valuation Update With 7 Day Price Move • Jun 13Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩20,550, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 17x in the Software industry in South Korea.
New Risk • Jun 11New 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 7.7% 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 Revenue has declined by 23% over the past year. High level of non-cash earnings (36% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (9.7% net profit margin). Market cap is less than US$100m (₩82.5b market cap, or US$59.9m).
분석 기사 • May 29Inswave Systems' (KOSDAQ:450520) Profits Appear To Have Quality IssuesInswave Systems Co., Ltd.'s ( KOSDAQ:450520 ) robust recent earnings didn't do much to move the stock. We believe that...
New Risk • May 29New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 61% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (61% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₩88.0b market cap, or US$64.4m).
분석 기사 • May 24A Look At The Intrinsic Value Of Inswave Systems Co., Ltd. (KOSDAQ:450520)Key Insights Inswave Systems' estimated fair value is ₩18,838 based on 2 Stage Free Cash Flow to Equity Current share...
Buy Or Sell Opportunity • Apr 25Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 40% to ₩15,430. The fair value is estimated to be ₩19,549, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Buy Or Sell Opportunity • Apr 08Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to ₩15,340. The fair value is estimated to be ₩19,852, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ₩25,650, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 23x in the Software industry in South Korea.
Buy Or Sell Opportunity • Jan 25Now 21% undervaluedOver the last 90 days, the stock has risen 42% to ₩25,550. The fair value is estimated to be ₩32,412, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Buying Opportunity • Jan 16Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be ₩32,916, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 35%After last week's 35% share price gain to ₩24,450, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 21x in the Software industry in South Korea.
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩17,450, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 19x in the Software industry in South Korea.
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₩20,500, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 20x in the Software industry in South Korea.
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₩15,730, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 17x in the Software industry in South Korea.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to ₩20,950, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 18x in the Software industry in South Korea.
공시 • Sep 26Inswave Systems Co., Ltd. has completed an IPO in the amount of KRW 26.4 billion.Inswave Systems Co., Ltd. has completed an IPO in the amount of KRW 26.4 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 1,100,000 Price\Range: KRW 24000