View Future GrowthItcenctsLtd 과거 순이익 실적과거 기준 점검 5/6ItcenctsLtd은 연평균 43.6%의 비율로 수입이 증가해 온 반면, IT 산업은 수입이 8.9% 증가했습니다. 매출은 연평균 26.4%의 비율로 증가했습니다. ItcenctsLtd의 자기자본이익률은 27.3%이고 순이익률은 4.8%입니다.핵심 정보43.57%순이익 성장률42.62%주당순이익(EPS) 성장률IT 산업 성장률14.11%매출 성장률26.45%자기자본이익률27.26%순이익률4.82%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트분석 기사 • Nov 25ItcenctsLtd (KRX:031820) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Itcencts Co.,Ltd.'s ( KRX:031820 ) stock performed well...Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩103 (vs ₩37.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩103 (up from ₩37.00 in 3Q 2024). Revenue: ₩258.8b (up 13% from 3Q 2024). Net income: ₩12.5b (up 178% from 3Q 2024). Profit margin: 4.8% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.분석 기사 • May 26ItcenctsLtd's (KRX:031820) Shareholders Should Assess Earnings With CautionInvestors were disappointed with Itcencts Co.,Ltd.'s ( KRX:031820 ) recent earnings release. We did some analysis and...분석 기사 • Nov 25Some May Be Optimistic About Comtec SystemsLtd's (KRX:031820) EarningsSoft earnings didn't appear to concern Comtec Systems Co.,Ltd.'s ( KRX:031820 ) shareholders over the last week. We...분석 기사 • Apr 03Comtec SystemsLtd's (KRX:031820) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Comtec Systems Co.,Ltd.'s ( KRX:031820 ) recent earnings didn't contain any...Reported Earnings • Apr 01Full year 2022 earnings released: EPS: ₩201 (vs ₩28.00 in FY 2021)Full year 2022 results: EPS: ₩201 (up from ₩28.00 in FY 2021). Revenue: ₩709.8b (up 86% from FY 2021). Net income: ₩24.3b (up ₩21.9b from FY 2021). Profit margin: 3.4% (up from 0.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updatesBoard Change • May 06Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent 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: Minority of independent directors. Insufficient board refreshment.공지 • Mar 04Itcencts Co.,Ltd., Annual General Meeting, Mar 31, 2026Itcencts Co.,Ltd., Annual General Meeting, Mar 31, 2026, at 09:30 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South KoreaValuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₩737, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 18x in the IT industry in South Korea. Total loss to shareholders of 8.7% over the past three years.분석 기사 • Feb 12Investors Continue Waiting On Sidelines For Itcencts Co.,Ltd. (KRX:031820)When close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider...분석 기사 • Nov 25ItcenctsLtd (KRX:031820) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Itcencts Co.,Ltd.'s ( KRX:031820 ) stock performed well...Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩103 (vs ₩37.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩103 (up from ₩37.00 in 3Q 2024). Revenue: ₩258.8b (up 13% from 3Q 2024). Net income: ₩12.5b (up 178% from 3Q 2024). Profit margin: 4.8% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.New Risk • Aug 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 1.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩74.0b market cap, or US$52.9m).분석 기사 • May 26ItcenctsLtd's (KRX:031820) Shareholders Should Assess Earnings With CautionInvestors were disappointed with Itcencts Co.,Ltd.'s ( KRX:031820 ) recent earnings release. We did some analysis and...New Risk • Mar 27New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% 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 (35% accrual ratio). Minor Risk Market cap is less than US$100m (₩69.5b market cap, or US$47.3m).공지 • Feb 28Comtec Systems Co.,Ltd., Annual General Meeting, Mar 27, 2025Comtec Systems Co.,Ltd., Annual General Meeting, Mar 27, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea분석 기사 • Feb 10Investors Aren't Buying Comtec Systems Co.,Ltd.'s (KRX:031820) EarningsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 12x, you may consider Comtec...분석 기사 • Nov 25Some May Be Optimistic About Comtec SystemsLtd's (KRX:031820) EarningsSoft earnings didn't appear to concern Comtec Systems Co.,Ltd.'s ( KRX:031820 ) shareholders over the last week. We...공지 • Nov 06Secucen Co., Ltd. (KOSDAQ:A232830) agreed to acquire 97.2% stake in C Platform Co. Ltd from Ssangyong Information & Communications Corp. (KOSDAQ:A010280) and Comtec Systems Co.,Ltd. for KRW 10.6 billion.Secucen Co., Ltd. (KOSDAQ:A232830) agreed to acquire 97.2% stake in C Platform Co. Ltd from Ssangyong Information & Communications Corp. (KOSDAQ:A010280) and Comtec Systems Co.,Ltd. for KRW 10.6 billion on November 5, 2024. The expected completion of the transaction is November 5, 2024.New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩68.4b market cap, or US$52.0m).분석 기사 • Aug 06We Like These Underlying Return On Capital Trends At Comtec SystemsLtd (KRX:031820)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...분석 기사 • Apr 03Comtec SystemsLtd's (KRX:031820) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Comtec Systems Co.,Ltd.'s ( KRX:031820 ) recent earnings didn't contain any...New Risk • Mar 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (58% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (₩85.2b market cap, or US$63.3m).New Risk • Jul 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 High level of non-cash earnings (53% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩108.3b market cap, or US$85.4m).Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩995, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 21x in the IT industry in South Korea. Total loss to shareholders of 17% over the past three years.Reported Earnings • Apr 01Full year 2022 earnings released: EPS: ₩201 (vs ₩28.00 in FY 2021)Full year 2022 results: EPS: ₩201 (up from ₩28.00 in FY 2021). Revenue: ₩709.8b (up 86% from FY 2021). Net income: ₩24.3b (up ₩21.9b from FY 2021). Profit margin: 3.4% (up from 0.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩883, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 24x in the IT industry in South Korea. Total loss to shareholders of 33% over the past three years.공지 • Dec 06Comtec Systems Co.,Ltd. (KOSE:A031820) agreed to acquire 855,481 shares of Sufi Itcen Holdings Co., Ltd. for approximately KRW 19.365 billion.Comtec Systems Co.,Ltd. (KOSE:A031820) agreed to acquire 855,481 shares of Sufi Itcen Holdings Co., Ltd. for approximately KRW 19.365 billion on December 5, 2022. Post completion, Comtec Systems Co.,Ltd. will own 1,710,962 shares amounting to 100% stake in Sufi Itcen Holdings Co., Ltd. During the year ended 2021, Sufi Itcen Holdings Co., Ltd. reported total assets of KRW 125.87 billion and net income of KRW 15.054 billion. As of December 5, 2022, the board of directors of Comtec Systems Co.,Ltd. approved the transaction. The transaction is expected to complete on December 5, 2022.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent 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: Minority of independent directors. Insufficient board refreshment.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent 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: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: ₩28.00 (vs ₩10.00 loss in FY 2020)Full year 2021 results: EPS: ₩28.00 (up from ₩10.00 loss in FY 2020). Revenue: ₩382.5b (up 60% from FY 2020). Net income: ₩2.38b (up ₩3.05b from FY 2020). Profit margin: 0.6% (up from net loss in FY 2020).Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩1,475, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 25x in the IT industry in South Korea. Total returns to shareholders of 42% over the past three years.분석 기사 • May 02These 4 Measures Indicate That Comtec SystemsLtd (KRX:031820) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...공지 • Mar 13Comtec Systems Co.,Ltd., Annual General Meeting, Mar 29, 2021Comtec Systems Co.,Ltd., Annual General Meeting, Mar 29, 2021, at 09:00 Korea Standard Time.Is New 90 Day High Low • Jan 29New 90-day low: ₩1,445The company is down 2.0% from its price of ₩1,480 on 30 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 23% over the same period.Is New 90 Day High Low • Jan 11New 90-day low: ₩1,470The company is down 17% from its price of ₩1,765 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 IT industry, which is up 21% over the same period.Is New 90 Day High Low • Dec 07New 90-day high: ₩1,835The company is up 32% from its price of ₩1,385 on 08 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 IT industry, which is up 12% over the same period.Is New 90 Day High Low • Sep 28New 90-day high: ₩1,635The company is up 29% from its price of ₩1,270 on 30 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period.매출 및 비용 세부 내역ItcenctsLtd가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이KOSE:A031820 매출, 비용 및 순이익 (KRW Millions)날짜매출순이익일반관리비연구개발비31 Dec 251,095,21452,83194,5501,71930 Sep 251,112,05817,25295,86082330 Jun 251,081,6269,25092,72182331 Mar 251,024,11312,28589,00582331 Dec 24995,32118,66886,21482330 Sep 24865,72816,02778,1496,85030 Jun 24875,47116,72879,1496,85031 Mar 24867,5439,58980,9666,85031 Dec 23892,5733,95383,7796,85030 Sep 23919,21928,08787,4795,29330 Jun 23863,40625,68685,4615,29331 Mar 23796,21224,82580,9055,29331 Dec 22709,84724,32973,9925,29330 Sep 22636,7953,50969,6965,14530 Jun 22508,36945758,7205,14531 Mar 22438,671-4645,3975,14531 Dec 21382,5002,38435,7775,14530 Sep 21260,000-80027,2404,71930 Jun 21268,301-75025,1304,71931 Mar 21256,1661,14425,5694,71931 Dec 20238,631-66623,2544,71930 Sep 20235,332-3,47530,7341,14730 Jun 20244,588-92227,6702,28931 Dec 19238,8211,04920,0264,45330 Sep 18130,014-1,1188,1122,57830 Jun 18129,0779248,7302,64631 Mar 18143,4071,1538,3442,70131 Dec 17143,6238648,3432,74230 Sep 17171,5697,55011,2502,75430 Jun 17171,3267,83811,3972,79331 Mar 17161,1622,93312,8622,81731 Dec 16166,8604,06111,3052,87830 Sep 16155,6891,51311,0693,11530 Jun 16151,9212259,7123,16231 Mar 16152,3493,9506,8163,72531 Dec 15146,2911,7478,0113,66330 Sep 15158,528-46610,4314,27530 Jun 15172,465-5,89213,3174,891양질의 수익: A031820는 ₩80.4B 규모의 큰 일회성 이익이 있어 31st December, 2025까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: A031820의 현재 순 이익률 (4.8%)은 지난해 (1.9%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: A031820는 지난 5년 동안 흑자전환하며 연평균 43.6%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 A031820 의 수익 증가율(183%)은 연간 평균(43.6%)을 초과합니다.수익 대 산업: A031820의 지난 1년 수익 증가율(183%)은 IT 업계의 6.8%를 상회했습니다.자기자본이익률높은 ROE: A031820의 자본 수익률(27.3%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YSoftware 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 12:58종가2026/05/08 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 소스Itcencts 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 25ItcenctsLtd (KRX:031820) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Itcencts Co.,Ltd.'s ( KRX:031820 ) stock performed well...
Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩103 (vs ₩37.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩103 (up from ₩37.00 in 3Q 2024). Revenue: ₩258.8b (up 13% from 3Q 2024). Net income: ₩12.5b (up 178% from 3Q 2024). Profit margin: 4.8% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
분석 기사 • May 26ItcenctsLtd's (KRX:031820) Shareholders Should Assess Earnings With CautionInvestors were disappointed with Itcencts Co.,Ltd.'s ( KRX:031820 ) recent earnings release. We did some analysis and...
분석 기사 • Nov 25Some May Be Optimistic About Comtec SystemsLtd's (KRX:031820) EarningsSoft earnings didn't appear to concern Comtec Systems Co.,Ltd.'s ( KRX:031820 ) shareholders over the last week. We...
분석 기사 • Apr 03Comtec SystemsLtd's (KRX:031820) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Comtec Systems Co.,Ltd.'s ( KRX:031820 ) recent earnings didn't contain any...
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: ₩201 (vs ₩28.00 in FY 2021)Full year 2022 results: EPS: ₩201 (up from ₩28.00 in FY 2021). Revenue: ₩709.8b (up 86% from FY 2021). Net income: ₩24.3b (up ₩21.9b from FY 2021). Profit margin: 3.4% (up from 0.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Board Change • May 06Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent 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: Minority of independent directors. Insufficient board refreshment.
공지 • Mar 04Itcencts Co.,Ltd., Annual General Meeting, Mar 31, 2026Itcencts Co.,Ltd., Annual General Meeting, Mar 31, 2026, at 09:30 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₩737, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 18x in the IT industry in South Korea. Total loss to shareholders of 8.7% over the past three years.
분석 기사 • Feb 12Investors Continue Waiting On Sidelines For Itcencts Co.,Ltd. (KRX:031820)When close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 15x, you may consider...
분석 기사 • Nov 25ItcenctsLtd (KRX:031820) Is Posting Solid Earnings, But It Is Not All Good NewsFollowing the release of a positive earnings report recently, Itcencts Co.,Ltd.'s ( KRX:031820 ) stock performed well...
Reported Earnings • Nov 19Third quarter 2025 earnings released: EPS: ₩103 (vs ₩37.00 in 3Q 2024)Third quarter 2025 results: EPS: ₩103 (up from ₩37.00 in 3Q 2024). Revenue: ₩258.8b (up 13% from 3Q 2024). Net income: ₩12.5b (up 178% from 3Q 2024). Profit margin: 4.8% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
New Risk • Aug 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.9% Last year net profit margin: 1.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩74.0b market cap, or US$52.9m).
분석 기사 • May 26ItcenctsLtd's (KRX:031820) Shareholders Should Assess Earnings With CautionInvestors were disappointed with Itcencts Co.,Ltd.'s ( KRX:031820 ) recent earnings release. We did some analysis and...
New Risk • Mar 27New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 35% 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 (35% accrual ratio). Minor Risk Market cap is less than US$100m (₩69.5b market cap, or US$47.3m).
공지 • Feb 28Comtec Systems Co.,Ltd., Annual General Meeting, Mar 27, 2025Comtec Systems Co.,Ltd., Annual General Meeting, Mar 27, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 117, gwacheon-daero 12-gil, gyeonggi-do, gwacheon South Korea
분석 기사 • Feb 10Investors Aren't Buying Comtec Systems Co.,Ltd.'s (KRX:031820) EarningsWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 12x, you may consider Comtec...
분석 기사 • Nov 25Some May Be Optimistic About Comtec SystemsLtd's (KRX:031820) EarningsSoft earnings didn't appear to concern Comtec Systems Co.,Ltd.'s ( KRX:031820 ) shareholders over the last week. We...
공지 • Nov 06Secucen Co., Ltd. (KOSDAQ:A232830) agreed to acquire 97.2% stake in C Platform Co. Ltd from Ssangyong Information & Communications Corp. (KOSDAQ:A010280) and Comtec Systems Co.,Ltd. for KRW 10.6 billion.Secucen Co., Ltd. (KOSDAQ:A232830) agreed to acquire 97.2% stake in C Platform Co. Ltd from Ssangyong Information & Communications Corp. (KOSDAQ:A010280) and Comtec Systems Co.,Ltd. for KRW 10.6 billion on November 5, 2024. The expected completion of the transaction is November 5, 2024.
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩68.4b market cap, or US$52.0m).
분석 기사 • Aug 06We Like These Underlying Return On Capital Trends At Comtec SystemsLtd (KRX:031820)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
분석 기사 • Apr 03Comtec SystemsLtd's (KRX:031820) Problems Go Beyond Weak ProfitThe subdued market reaction suggests that Comtec Systems Co.,Ltd.'s ( KRX:031820 ) recent earnings didn't contain any...
New Risk • Mar 30New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (58% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (₩85.2b market cap, or US$63.3m).
New Risk • Jul 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 High level of non-cash earnings (53% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (₩108.3b market cap, or US$85.4m).
Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₩995, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 21x in the IT industry in South Korea. Total loss to shareholders of 17% over the past three years.
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: ₩201 (vs ₩28.00 in FY 2021)Full year 2022 results: EPS: ₩201 (up from ₩28.00 in FY 2021). Revenue: ₩709.8b (up 86% from FY 2021). Net income: ₩24.3b (up ₩21.9b from FY 2021). Profit margin: 3.4% (up from 0.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₩883, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 24x in the IT industry in South Korea. Total loss to shareholders of 33% over the past three years.
공지 • Dec 06Comtec Systems Co.,Ltd. (KOSE:A031820) agreed to acquire 855,481 shares of Sufi Itcen Holdings Co., Ltd. for approximately KRW 19.365 billion.Comtec Systems Co.,Ltd. (KOSE:A031820) agreed to acquire 855,481 shares of Sufi Itcen Holdings Co., Ltd. for approximately KRW 19.365 billion on December 5, 2022. Post completion, Comtec Systems Co.,Ltd. will own 1,710,962 shares amounting to 100% stake in Sufi Itcen Holdings Co., Ltd. During the year ended 2021, Sufi Itcen Holdings Co., Ltd. reported total assets of KRW 125.87 billion and net income of KRW 15.054 billion. As of December 5, 2022, the board of directors of Comtec Systems Co.,Ltd. approved the transaction. The transaction is expected to complete on December 5, 2022.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent 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: Minority of independent directors. Insufficient board refreshment.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent 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: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: ₩28.00 (vs ₩10.00 loss in FY 2020)Full year 2021 results: EPS: ₩28.00 (up from ₩10.00 loss in FY 2020). Revenue: ₩382.5b (up 60% from FY 2020). Net income: ₩2.38b (up ₩3.05b from FY 2020). Profit margin: 0.6% (up from net loss in FY 2020).
Valuation Update With 7 Day Price Move • Jul 23Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₩1,475, the stock trades at a trailing P/E ratio of 60.4x. Average trailing P/E is 25x in the IT industry in South Korea. Total returns to shareholders of 42% over the past three years.
분석 기사 • May 02These 4 Measures Indicate That Comtec SystemsLtd (KRX:031820) Is Using Debt Reasonably WellSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
공지 • Mar 13Comtec Systems Co.,Ltd., Annual General Meeting, Mar 29, 2021Comtec Systems Co.,Ltd., Annual General Meeting, Mar 29, 2021, at 09:00 Korea Standard Time.
Is New 90 Day High Low • Jan 29New 90-day low: ₩1,445The company is down 2.0% from its price of ₩1,480 on 30 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 23% over the same period.
Is New 90 Day High Low • Jan 11New 90-day low: ₩1,470The company is down 17% from its price of ₩1,765 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 IT industry, which is up 21% over the same period.
Is New 90 Day High Low • Dec 07New 90-day high: ₩1,835The company is up 32% from its price of ₩1,385 on 08 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 IT industry, which is up 12% over the same period.
Is New 90 Day High Low • Sep 28New 90-day high: ₩1,635The company is up 29% from its price of ₩1,270 on 30 June 2020. The South Korean market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 5.0% over the same period.