New Risk • Mar 20
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 79% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩44.6b market cap, or US$29.8m). 공시 • Feb 24
Sungwoo Electronics Co., Ltd., Annual General Meeting, Mar 23, 2026 Sungwoo Electronics Co., Ltd., Annual General Meeting, Mar 23, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 68, beonnyeong-ro, danwon-gu, gyeonggi-do, ansan South Korea New Risk • Jan 30
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 11% 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: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩46.9b market cap, or US$32.6m). Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₩3,085, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 9x in the Communications industry in South Korea. Total returns to shareholders of 13% over the past three years. Reported Earnings • Mar 20
Full year 2024 earnings released: ₩271 loss per share (vs ₩11.00 loss in FY 2023) Full year 2024 results: ₩271 loss per share (further deteriorated from ₩11.00 loss in FY 2023). Revenue: ₩146.9b (down 1.5% from FY 2023). Net loss: ₩4.12b (loss widened ₩3.95b from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. 공시 • Feb 21
Sungwoo Electronics Co., Ltd., Annual General Meeting, Mar 24, 2025 Sungwoo Electronics Co., Ltd., Annual General Meeting, Mar 24, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 68, beonnyeong-ro, danwon-gu, gyeonggi-do, ansan South Korea New Risk • Dec 16
New major risk - Financial data availability The 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 (₩55.0b market cap, or US$38.3m). New Risk • Aug 09
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 8.7% 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: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₩54.2b market cap, or US$39.8m). 공시 • Jun 21
Sungwoo Electronics Co., Ltd. announced that it expects to receive KRW 10 billion in funding from NH Investment & Securities Co., Ltd. Sungwoo Electronics Co., Ltd. announced a private placemen to issue 2% Series 2 Bearer Interest Unsecured Private Placement Convertible Bonds due June 21, 2029 for the gross proceeds of KRW 10,000,000,000 on June 19, 2024. The transaction will include participation from new investor NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 1) for KRW 6,500,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 2) for KRW 1,500,000,000 and NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 3) for KRW 2,000,000,000. The bonds bear 2% coupon rate and 2% maturity rate and matures on June 21, 2029. The transaction has been approved by shareholders, restricted to a hold period and is expected to close on June 21, 2024. The bonds are 100% convertible into 2,826,455 shares at a fixed conversion price of KRW 3,538 from June 21, 2025 to May 21, 2029. Reported Earnings • Mar 20
Full year 2023 earnings released: ₩11.00 loss per share (vs ₩371 profit in FY 2022) Full year 2023 results: ₩11.00 loss per share (down from ₩371 profit in FY 2022). Revenue: ₩149.2b (down 10% from FY 2022). Net loss: ₩162.4m (down 103% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩50.00 per share at 2.3% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 26 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.3%). Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩3,125, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 11x in the Communications industry in South Korea. Total returns to shareholders of 18% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 27 April 2023. Payout ratio is a comfortable 8.2% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.2%). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 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: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩2,650, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 13x in the Communications industry in South Korea. Total loss to shareholders of 25% over the past three years. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 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: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 18
Full year 2020 earnings released: ₩235 loss per share (vs ₩390 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: ₩113.8b (down 4.2% from FY 2019). Net loss: ₩3.57b (loss narrowed 40% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 94% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. 공시 • Feb 25
Sungwoo Electronics Co., Ltd., Annual General Meeting, Mar 22, 2021 Sungwoo Electronics Co., Ltd., Annual General Meeting, Mar 22, 2021, at 09:01 Korea Standard Time. Is New 90 Day High Low • Feb 05
New 90-day high: ₩3,355 The company is up 32% from its price of ₩2,545 on 06 November 2020. The South Korean market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: ₩3,260 The company is up 27% from its price of ₩2,575 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is up 12% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: ₩2,890 The company is up 10.0% from its price of ₩2,620 on 07 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is up 6.0% over the same period.