Asia CementLtd's (KRX:183190) Conservative Accounting Might Explain Soft Earnings
Mar 27
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- 7D-6.2%
- 3M18.6%
- 1Y30.5%
- YTD17.3%
Over the last 7 days, the Basic Materials industry has dropped 6.2%, and Hanil Holdings contributed the most with a 3.3% decline. Over the past 12 months, the industry was up 30%. Earnings are forecast to grow by 32% 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, 07 Apr 2026 | ₩6.2t | ₩12.0t | ₩186.6b | 22.4x | 33.3x | 0.5x |
| Thu, 05 Mar 2026 | ₩6.1t | ₩12.4t | ₩102.9b | 14.5x | 58.8x | 0.5x |
| Sat, 31 Jan 2026 | ₩5.6t | ₩12.4t | ₩102.9b | 15.3x | 54.9x | 0.5x |
| Mon, 29 Dec 2025 | ₩5.5t | ₩12.4t | ₩102.9b | 13.7x | 53x | 0.4x |
| Wed, 26 Nov 2025 | ₩4.8t | ₩12.5t | ₩80.5b | 14.5x | 60.1x | 0.4x |
| Fri, 24 Oct 2025 | ₩5.4t | ₩12.4t | ₩122.7b | 13.8x | 44.4x | 0.4x |
| Sun, 21 Sep 2025 | ₩5.6t | ₩12.4t | ₩122.7b | 14.3x | 45.6x | 0.5x |
| Tue, 19 Aug 2025 | ₩5.8t | ₩12.6t | ₩182.9b | 9.5x | 31.4x | 0.5x |
| Thu, 17 Jul 2025 | ₩5.7t | ₩12.6t | ₩182.9b | 8.9x | 31x | 0.4x |
| Sat, 14 Jun 2025 | ₩5.7t | ₩12.6t | ₩182.9b | 8.6x | 30.9x | 0.4x |
| Mon, 12 May 2025 | ₩5.3t | ₩13.1t | ₩317.1b | 9.4x | 16.8x | 0.4x |
| Wed, 09 Apr 2025 | ₩4.9t | ₩13.1t | ₩317.2b | 8.3x | 15.6x | 0.4x |
| Fri, 07 Mar 2025 | ₩5.2t | ₩13.4t | ₩633.4b | 7.9x | 8.2x | 0.4x |
| Sun, 02 Feb 2025 | ₩5.2t | ₩13.4t | ₩633.4b | 8.8x | 8.3x | 0.4x |
| Tue, 31 Dec 2024 | ₩5.0t | ₩13.4t | ₩633.4b | 8.3x | 8x | 0.4x |
| Thu, 28 Nov 2024 | ₩5.1t | ₩13.4t | ₩641.1b | 7.2x | 8x | 0.4x |
| Sat, 26 Oct 2024 | ₩5.0t | ₩13.5t | ₩680.7b | 8x | 7.4x | 0.4x |
| Mon, 23 Sep 2024 | ₩5.1t | ₩13.5t | ₩680.7b | 8.9x | 7.5x | 0.4x |
| Wed, 21 Aug 2024 | ₩5.3t | ₩13.6t | ₩657.5b | 8.2x | 8x | 0.4x |
| Fri, 19 Jul 2024 | ₩5.4t | ₩13.6t | ₩656.7b | 8.2x | 8.2x | 0.4x |
| Sun, 16 Jun 2024 | ₩8.2t | ₩15.4t | ₩751.0b | 10.6x | 10.9x | 0.5x |
| Tue, 14 May 2024 | ₩5.0t | ₩13.6t | ₩632.5b | 9.2x | 8x | 0.4x |
| Thu, 11 Apr 2024 | ₩5.0t | ₩13.6t | ₩634.6b | 9.1x | 7.8x | 0.4x |
| Sat, 09 Mar 2024 | ₩5.0t | ₩12.9t | ₩520.9b | 8.6x | 9.6x | 0.4x |
| Mon, 05 Feb 2024 | ₩8.1t | ₩15.0t | ₩611.5b | 9.9x | 13.3x | 0.5x |
| Wed, 03 Jan 2024 | ₩7.8t | ₩15.0t | ₩611.5b | 9.9x | 12.8x | 0.5x |
| Fri, 01 Dec 2023 | ₩7.8t | ₩15.0t | ₩609.9b | 10.6x | 12.9x | 0.5x |
| Sun, 29 Oct 2023 | ₩7.4t | ₩15.0t | ₩530.7b | 7.5x | 13.9x | 0.5x |
| Tue, 26 Sep 2023 | ₩7.7t | ₩15.2t | ₩471.7b | 8.2x | 16.3x | 0.5x |
| Thu, 24 Aug 2023 | ₩7.6t | ₩15.1t | ₩387.3b | 10x | 19.7x | 0.5x |
| Sat, 22 Jul 2023 | ₩45.1t | ₩17.9t | ₩474.7b | 11.7x | 94.9x | 2.5x |
| Mon, 19 Jun 2023 | ₩37.1t | ₩17.9t | ₩474.6b | 13.4x | 78.2x | 2.1x |
| Wed, 17 May 2023 | ₩31.7t | ₩16.7t | ₩362.9b | 13.6x | 87.4x | 1.9x |
| Fri, 14 Apr 2023 | ₩31.4t | ₩16.7t | ₩362.7b | 13.7x | 86.7x | 1.9x |
Price to Earnings Ratio
86.7x
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 33.3x which is higher than its 3-year average PE of 29.5x.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 20% per year over the last three years,
- Revenues have also declined 11% 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 | -1.77% | |
| Materials | -0.45% | |
| Basic Materials | -6.19% | |
| Construction Materials | -6.19% | |
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 | |
|---|---|---|---|---|---|
| A462520 Chosun RefractoriesLtd | ₩14.22k | 4.6% +₩7.5b | 16.2% | PE75.8x | |
| A060560 Home Center HoldingsLtd | ₩865.00 | 6.9% +₩7.1b | -10.0% | PS0.4x | |
| A004980 Sungshin Cement | ₩9.28k | 2.1% +₩4.7b | 33.9% | PE8.9x | |
| A112190 KC IndustryLtd | ₩1.34k | 12.3% +₩4.0b | 13.3% | n/a | |
| A255220 SGLtd | ₩2.71k | 1.7% +₩4.0b | 37.7% | PS2.3x |