공지 • Mar 10
SAMYUNG ENC Co., Ltd., Annual General Meeting, Mar 31, 2026 SAMYUNG ENC Co., Ltd., Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 69, sangni-ro, yeongdo-gu, busan South Korea New Risk • Feb 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩12.3b (US$8.48m) This is considered a major 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 Risks Latest financial reports are more than 1 year old (reported September 2019 fiscal period end). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Market cap is less than US$10m (₩12.3b market cap, or US$8.48m). Buy Or Sell Opportunity • Feb 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 60% to ₩800. The fair value is estimated to be ₩1,009, however this is not to be taken as a buy recommendation but rather should be used as a guide only. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2019 fiscal period end). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Minor Risk Market cap is less than US$100m (₩23.2b market cap, or US$15.9m). New Risk • Dec 27
New major risk - Share price stability The 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 14% 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 Latest financial reports are more than 1 year old (reported September 2019 fiscal period end). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Shareholders have been diluted in the past year (31% increase in shares outstanding). Market cap is less than US$100m (₩30.5b market cap, or US$20.7m). 공지 • Sep 10
SAMYUNG ENC Co., Ltd. announced that it expects to receive KRW 10.0000025 billion in funding from Gloria Investment Association and other investors SAMYUNG ENC Co., Ltd. announced a private placement to issue 2% Series 5 Bearer Interest Unsecured Private Placement Convertible Bonds due November 13, 2027 for the gross proceeds of KRW 7,000,000,000 and 2,311,250 common shares at an issue price of KRW 1,298 per share for the gross proceeds of KRW 3,000,002,500; 10,000,002,500 on September 9, 2024. The transaction will include participation from new investor Gloria Fund. The transaction has been approved by shareholders, restricted to a hold period, expected to close on November 13, 2024, bears 2% coupon rate, 6% maturity rate, matures on November 13, 2027, 100% convertible into 4,364,090 common shares at a fixed conversion price of KRW 1,594 from November 13, 2025 to October 13, 2027.
Common Shares - The transaction will include participation from new investors Big Brothers No.1 Fund 1,155,625 shares and Goldstone No.1 Fund 1,155,625 shares. The transaction has been approved by shareholders and is expected to close on September 19, 2024. New Risk • Jun 04
New major risk - Share price stability The 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 Latest financial reports are more than 1 year old (reported September 2019 fiscal period end). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (₩32.1b market cap, or US$23.3m). New Risk • Apr 24
New minor risk - Share price stability The 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 Risk Latest financial reports are more than 1 year old (reported September 2019 fiscal period end). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (12% increase in shares outstanding). Market cap is less than US$100m (₩41.2b market cap, or US$30.1m). 공지 • Feb 22
SAMYUNG ENC Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 997.2 million. SAMYUNG ENC Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 997.2 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 360,000
Price\Range: KRW 2770
Transaction Features: Subsequent Direct Listing New Risk • Jul 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2019 fiscal period end). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.6% average weekly change). Shareholders have been diluted in the past year (3.7% increase in shares outstanding). Market cap is less than US$100m (₩71.8b market cap, or US$56.1m). Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 1 independent director (5 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 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 1 independent director (5 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. Upcoming Dividend • Dec 22
Upcoming dividend of ₩70.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 12 April 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (2.4%). In line with average of industry peers (0.8%). Is New 90 Day High Low • Feb 17
New 90-day high: ₩10,650 The company is up 50% from its price of ₩7,090 on 19 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 13% over the same period. Is New 90 Day High Low • Jan 28
New 90-day high: ₩9,750 The company is up 47% from its price of ₩6,640 on 30 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: ₩9,640 The company is up 21% from its price of ₩7,940 on 10 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is down 10.0% over the same period. Is New 90 Day High Low • Oct 28
New 90-day low: ₩5,930 The company is down 21% from its price of ₩7,490 on 30 July 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 9.0% over the same period. Is New 90 Day High Low • Oct 12
New 90-day low: ₩7,070 The company is down 9.0% from its price of ₩7,790 on 14 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 14% over the same period. 공지 • Jul 23
SAMYUNG ENC Co., Ltd. announced that it has received KRW 10 billion in funding from BK Shipbuilding Investment Association, Now Ace Partnership Fund On January 21, 2020, SAMYUNG ENC Co., Ltd. (KOSDAQ:A065570) closed the transaction.