Asia CementLtd's (KRX:183190) Conservative Accounting Might Explain Soft Earnings
Mar 27
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- 7D-2.8%
- 3M23.7%
- 1Y38.5%
- YTD25.0%
Over the last 7 days, the Basic Materials industry has dropped 2.8%, driven by a pullback from Hanil Holdings of 12%. In contrast, SAMIL C&S has gained 59%. Over the past 12 months, the industry was up 38%. Looking forward, earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the South Korean Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Mar 2026 | ₩6.6t | ₩12.3t | ₩102.3b | 24x | 64.7x | 0.5x |
| Thu, 26 Feb 2026 | ₩6.9t | ₩12.4t | ₩102.9b | 17.4x | 66.6x | 0.6x |
| Sat, 24 Jan 2026 | ₩5.2t | ₩12.4t | ₩102.9b | 13.7x | 50.4x | 0.4x |
| Mon, 22 Dec 2025 | ₩5.4t | ₩12.4t | ₩102.9b | 13.7x | 52.9x | 0.4x |
| Wed, 19 Nov 2025 | ₩4.8t | ₩12.4t | ₩122.7b | 13.3x | 39.3x | 0.4x |
| Fri, 17 Oct 2025 | ₩5.5t | ₩12.4t | ₩122.7b | 13.8x | 44.8x | 0.4x |
| Sun, 14 Sep 2025 | ₩5.8t | ₩12.4t | ₩121.3b | 13.7x | 47.9x | 0.5x |
| Tue, 12 Aug 2025 | ₩5.9t | ₩12.6t | ₩182.9b | 9.7x | 32.3x | 0.5x |
| Thu, 10 Jul 2025 | ₩5.6t | ₩12.6t | ₩182.9b | 8.9x | 30.8x | 0.4x |
| Sat, 07 Jun 2025 | ₩5.6t | ₩12.6t | ₩182.7b | 8.9x | 30.7x | 0.4x |
| Mon, 05 May 2025 | ₩5.3t | ₩13.1t | ₩317.1b | 9.7x | 16.8x | 0.4x |
| Wed, 02 Apr 2025 | ₩4.9t | ₩13.1t | ₩317.2b | 9x | 15.5x | 0.4x |
| Fri, 28 Feb 2025 | ₩5.2t | ₩13.4t | ₩633.4b | 8.1x | 8.3x | 0.4x |
| Sun, 26 Jan 2025 | ₩5.3t | ₩13.4t | ₩633.4b | 9.1x | 8.4x | 0.4x |
| Tue, 24 Dec 2024 | ₩5.3t | ₩13.4t | ₩633.4b | 8.3x | 8.4x | 0.4x |
| Thu, 21 Nov 2024 | ₩5.0t | ₩13.5t | ₩689.0b | 6.9x | 7.2x | 0.4x |
| Sat, 19 Oct 2024 | ₩5.0t | ₩13.5t | ₩680.7b | 8x | 7.4x | 0.4x |
| Mon, 16 Sep 2024 | ₩5.1t | ₩13.5t | ₩680.7b | 8.9x | 7.5x | 0.4x |
| Wed, 14 Aug 2024 | ₩5.3t | ₩13.6t | ₩656.7b | 8x | 8x | 0.4x |
| Fri, 12 Jul 2024 | ₩5.2t | ₩13.6t | ₩656.7b | 8x | 7.9x | 0.4x |
| Sun, 09 Jun 2024 | ₩8.2t | ₩15.4t | ₩751.2b | 10.7x | 10.9x | 0.5x |
| Tue, 07 May 2024 | ₩5.0t | ₩13.6t | ₩634.5b | 9.2x | 7.9x | 0.4x |
| Thu, 04 Apr 2024 | ₩5.0t | ₩13.6t | ₩634.6b | 9.4x | 7.8x | 0.4x |
| Sat, 02 Mar 2024 | ₩8.5t | ₩15.0t | ₩615.6b | 10.2x | 13.8x | 0.6x |
| Mon, 29 Jan 2024 | ₩7.6t | ₩15.0t | ₩611.5b | 9.7x | 12.3x | 0.5x |
| Wed, 27 Dec 2023 | ₩7.9t | ₩15.0t | ₩611.5b | 9.9x | 12.9x | 0.5x |
| Fri, 24 Nov 2023 | ₩7.9t | ₩15.0t | ₩555.7b | 7.7x | 14.3x | 0.5x |
| Sun, 22 Oct 2023 | ₩7.5t | ₩15.0t | ₩530.7b | 7.5x | 14.1x | 0.5x |
| Tue, 19 Sep 2023 | ₩8.0t | ₩15.2t | ₩471.7b | 8.6x | 17x | 0.5x |
| Thu, 17 Aug 2023 | ₩7.9t | ₩14.9t | ₩382.4b | 11.1x | 20.6x | 0.5x |
| Sat, 15 Jul 2023 | ₩38.2t | ₩17.9t | ₩474.7b | 11.9x | 80.5x | 2.1x |
| Mon, 12 Jun 2023 | ₩37.8t | ₩17.9t | ₩474.7b | 12.8x | 79.7x | 2.1x |
| Wed, 10 May 2023 | ₩32.4t | ₩16.7t | ₩362.7b | 13.1x | 89.4x | 1.9x |
| Fri, 07 Apr 2023 | ₩30.8t | ₩16.7t | ₩362.7b | 13.2x | 84.9x | 1.8x |
Price to Earnings Ratio
84.9x
Current Industry PE
- Investors are optimistic on the South Korean Basic Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 64.7x which is higher than its 3-year average PE of 29.6x.
- The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 34% per year over the last three years,
- Revenues have also declined 9.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the South Korean Materials industry?
| KR Market | -5.47% | |
| Materials | -3.71% | |
| Basic Materials | -2.79% | |
| Construction Materials | -2.79% | |
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 | |
|---|---|---|---|---|---|
| A004440 SAMIL C&S | ₩10.07k | 59.1% +₩47.6b | 164.0% | n/a | |
| A225530 HC BoKwang IndustryLtd | ₩4.10k | 47.0% +₩47.6b | 0.5% | PS3.5x | |
| A060560 Home Center HoldingsLtd | ₩809.00 | 22.4% +₩18.8b | 1.5% | PS0.3x | |
| A198440 Kangdong C&L | ₩1.11k | 4.3% +₩2.8b | -3.3% | PE102.7x | |
| A112190 KC IndustryLtd | ₩1.20k | 8.7% +₩2.6b | 5.8% | n/a |