Ilshin Spinning's (KRX:003200) Problems Go Beyond Weak Profit
Mar 27
South Korean (KOSPI) Textiles Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies23
- 7D-0.7%
- 3M-3.2%
- 1Y-18.2%
- YTDn/a
Last week, the Textiles industry hasn't moved much but Uni-Chem is up 5.0% in that time. As for the longer term, the industry has declined 19% in the last year. As for the next few years, earnings are expected to grow by 76% per annum.
Industry Valuation and Performance
Has the South Korean Textiles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₩2.6t | ₩4.3t | -₩141,334,751,520.00 | 8.5x | -18.6x | 0.6x |
| Sun, 24 Mar 2024 | ₩2.7t | ₩4.3t | ₩33.5b | 6.2x | 82x | 0.6x |
| Tue, 20 Feb 2024 | ₩2.9t | ₩4.4t | ₩138.9b | 9.6x | 21.1x | 0.7x |
| Thu, 18 Jan 2024 | ₩2.7t | ₩4.5t | ₩128.1b | 8.6x | 21.1x | 0.6x |
| Sat, 16 Dec 2023 | ₩2.9t | ₩4.5t | ₩130.7b | 9x | 22x | 0.6x |
| Mon, 13 Nov 2023 | ₩2.9t | ₩4.6t | ₩142.1b | 8.9x | 20.1x | 0.6x |
| Wed, 11 Oct 2023 | ₩2.9t | ₩4.6t | ₩142.1b | 8.6x | 20.2x | 0.6x |
| Fri, 08 Sep 2023 | ₩3.1t | ₩4.6t | ₩142.1b | 8.1x | 21.6x | 0.7x |
| Sun, 06 Aug 2023 | ₩3.0t | ₩4.8t | ₩185.1b | 6.5x | 16.1x | 0.6x |
| Tue, 04 Jul 2023 | ₩2.9t | ₩4.8t | ₩185.1b | 7.7x | 15.8x | 0.6x |
| Thu, 01 Jun 2023 | ₩3.2t | ₩5.5t | ₩536.9b | 7.1x | 5.9x | 0.6x |
| Sat, 29 Apr 2023 | ₩3.2t | ₩5.7t | ₩600.1b | 6.6x | 5.3x | 0.6x |
| Mon, 27 Mar 2023 | ₩3.2t | ₩5.7t | ₩606.8b | 6.5x | 5.2x | 0.6x |
| Wed, 22 Feb 2023 | ₩3.2t | ₩5.8t | ₩483.8b | 8x | 6.6x | 0.5x |
| Fri, 20 Jan 2023 | ₩2.9t | ₩5.8t | ₩486.5b | 6.1x | 6x | 0.5x |
| Sun, 18 Dec 2022 | ₩3.0t | ₩5.8t | ₩485.2b | 6.5x | 6.2x | 0.5x |
| Tue, 15 Nov 2022 | ₩3.1t | ₩5.8t | ₩510.8b | 7.9x | 6.1x | 0.5x |
| Thu, 13 Oct 2022 | ₩2.8t | ₩5.8t | ₩510.8b | 7.1x | 5.5x | 0.5x |
| Sat, 10 Sep 2022 | ₩3.2t | ₩5.8t | ₩511.0b | 8.9x | 6.3x | 0.6x |
| Mon, 08 Aug 2022 | ₩3.3t | ₩5.6t | ₩565.2b | 8.5x | 5.8x | 0.6x |
| Wed, 06 Jul 2022 | ₩2.9t | ₩5.6t | ₩565.2b | 7.6x | 5.2x | 0.5x |
| Fri, 03 Jun 2022 | ₩3.6t | ₩5.6t | ₩564.1b | 9.8x | 6.3x | 0.6x |
| Sun, 01 May 2022 | ₩3.7t | ₩5.4t | ₩555.9b | 14.4x | 6.7x | 0.7x |
| Tue, 29 Mar 2022 | ₩3.7t | ₩5.2t | ₩433.0b | 17.9x | 8.5x | 0.7x |
| Thu, 24 Feb 2022 | ₩3.6t | ₩5.0t | ₩513.3b | 13.8x | 6.9x | 0.7x |
| Sat, 22 Jan 2022 | ₩3.6t | ₩5.0t | ₩515.7b | 13.9x | 7x | 0.7x |
| Mon, 20 Dec 2021 | ₩3.6t | ₩5.0t | ₩515.7b | 13.7x | 7x | 0.7x |
| Wed, 17 Nov 2021 | ₩4.0t | ₩4.8t | ₩384.6b | 14.5x | 10.4x | 0.8x |
| Fri, 15 Oct 2021 | ₩6.9t | ₩11.3t | ₩890.5b | 12.4x | 7.7x | 0.6x |
| Sun, 12 Sep 2021 | ₩7.6t | ₩12.1t | ₩935.1b | 12.5x | 8.1x | 0.6x |
| Tue, 10 Aug 2021 | ₩8.0t | ₩12.2t | ₩916.2b | 11.5x | 8.8x | 0.7x |
| Mon, 03 May 2021 | ₩7.2t | ₩10.8t | ₩506.1b | 13.1x | 14.3x | 0.7x |
Price to Earnings Ratio
14.3x
Current Industry PE
- Investors are relatively neutral on the South Korean Textiles industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- Total earnings for the Textiles industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 27% per year, which is driving profits down.
Industry Comparison
How does South Korean Textiles compare with similar industries?
| KR Market | -0.36% | |
| Consumer Discretionary | 3.00% | |
| Luxury | 0.17% | |
| Textiles | -0.69% | |
| Apparel, Accessories and Luxury Goods | 0.40% | |
| Footwear | -0.73% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| A011330 Uni-Chem | ₩1.78k | 9.6% +₩14.9b | 13.9% | n/a | |
| A003830 Daehan Synthetic Fiber | ₩111.50k | 7.2% +₩8.4b | -4.2% | PE12x | |
| A004700 Chokwang LeatherLtd | ₩51.50k | 3.1% +₩5.6b | 5.0% | n/a | |
| A003200 Ilshin Spinning | ₩8.72k | 2.7% +₩4.9b | -34.0% | PE23.7x | |
| A001380 SG GlobalLtd | ₩2.11k | 5.0% +₩4.5b | 73.0% | PE4.7x |
