Aankondiging • Apr 15
Sangsangin Co., Ltd. (KOSDAQ:A038540) announces an Equity Buyback for KRW 2,000 million worth of its shares. Sangsangin Co., Ltd. (KOSDAQ:A038540) announces a share repurchase program. Under the program, the company will repurchase will repurchase KRW 2,000 million worth of its shares in contract with NH Investment & Securities Co.,Ltd. The purpose of the program is enhancement of shareholder value. The program will be valid until October 14, 2026. As of April 14, 2026, the company had 1,550,261 shares in treasury under the dividend capacity and 4,037 shares in treasury through other repurchase. Aankondiging • Mar 12
Sangsangin Co., Ltd., Annual General Meeting, Mar 26, 2026 Sangsangin Co., Ltd., Annual General Meeting, Mar 26, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 358, hwangsaeul-ro, bundang-gu, gyeonggi-do, seongnam South Korea Aankondiging • Jan 15
Sangsangin Co., Ltd. (KOSDAQ:A038540) announces an Equity Buyback for KRW 2,000 million worth of its shares. Sangsangin Co., Ltd. (KOSDAQ:A038540) announces a share repurchase program. Under the program, the company will repurchase will repurchase KRW 2,000 million worth of its shares in contract with NH Investment & Securities Co.,Ltd. The purpose of the program is enhancement of shareholder value. The program will be valid until July 14, 2026. As of January 14, 2026, the company had 600,000 shares in treasury under the dividend capacity and 4,037 shares in treasury through other repurchase. New Risk • Apr 16
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 10.0% 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 Earnings have declined by 59% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10.0% average weekly change). Market cap is less than US$100m (₩131.1b market cap, or US$92.5m). Reported Earnings • Mar 22
Full year 2024 earnings released: ₩3,538 loss per share (vs ₩1,174 loss in FY 2023) Full year 2024 results: ₩3,538 loss per share (further deteriorated from ₩1,174 loss in FY 2023). Revenue: ₩870.3b (down 7.1% from FY 2023). Net loss: ₩193.6b (loss widened 201% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 12
Sangsangin Co., Ltd., Annual General Meeting, Mar 26, 2025 Sangsangin Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 358, hwangsaeul-ro, bundang-gu, gyeonggi-do, seongnam South Korea New Risk • Dec 07
New minor risk - Financial data availability Less than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₩81.7b market cap, or US$57.4m). New Risk • Sep 17
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 Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩99.7b market cap, or US$75.7m). Reported Earnings • Mar 26
Full year 2023 earnings released: ₩1,174 loss per share (vs ₩866 profit in FY 2022) Full year 2023 results: ₩1,174 loss per share (down from ₩866 profit in FY 2022). Revenue: ₩937.0b (up 23% from FY 2022). Net loss: ₩64.3b (down 236% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 14
Taekyung Kim agreed to acquire 54% stake in Sangsangin Industry Co., Ltd. (KOSDAQ:A101000) from Sangsangin Ship Machinery Co.,Ltd., Sangsangin Co., Ltd. (KOSDAQ:A038540), J One Wide Co., Ltd., JS&S Co., Ltd. and Yoo Jun Won for KRW 25 billion. Taekyung Kim agreed to acquire 54% stake in Sangsangin Industry Co., Ltd. (KOSDAQ:A101000) from Sangsangin Ship Machinery Co.,Ltd., Sangsangin Co., Ltd. (KOSDAQ:A038540), J One Wide Co., Ltd., JS&S Co., Ltd. and Yoo Jun Won for KRW 25 billion on March 12, 2024. Under the terms, 10.14 million shares will be acquired at KRW 2465 per share. The transaction is expected to close on March 28, 2024. Upcoming Dividend • Jun 22
Upcoming dividend of ₩100.00 per share at 2.0% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 22 August 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.2%). Lower than average of industry peers (7.1%). Reported Earnings • Mar 26
Full year 2022 earnings released: EPS: ₩866 (vs ₩1,848 in FY 2021) Full year 2022 results: EPS: ₩866 (down from ₩1,848 in FY 2021). Revenue: ₩764.6b (up 34% from FY 2021). Net income: ₩47.4b (down 53% from FY 2021). Profit margin: 6.2% (down from 18% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩5,850, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 12x in the Mortgage industry in Asia. Total loss to shareholders of 28% over the past three years. 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. 3 experienced directors. No highly experienced directors. No independent directors (3 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. Aankondiging • Sep 07
Sangsangin Co., Ltd. announced that it expects to receive KRW 19.999999968 billion in funding from OK Savings Bank Co.,Ltd. Sangsangin Co., Ltd. announced a private placement of 2,400,096 common shares at a price of KRW 8,333 per share for the gross proceeds of KRW 19,999,999,968 on September 5, 2022. The transaction includes participation from OK Savings Bank Co.,Ltd.. The shares are allotted through third party allotment. The transaction got approved by Board of Directors of company on September 5, 2022. The transaction is expected to close on September 13, 2022. 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. 3 experienced directors. No highly experienced directors. No independent directors (3 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 • Apr 13
Investor sentiment improved over the past week After last week's 23% share price gain to ₩12,000, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 15x in the Mortgage industry in Asia. Total loss to shareholders of 21% over the past three years. Aankondiging • Feb 16
Sangsangin Co., Ltd. announced that it has received KRW 5.76855335 billion in funding from MS Mutual Savings Bank On February 15, 2022, Sangsangin Co., Ltd. closed the transaction. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₩7,970, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 14x in the Mortgage industry in Asia. Total loss to shareholders of 55% over the past three years. Is New 90 Day High Low • Feb 26
New 90-day low: ₩6,190 The company is down 9.0% from its price of ₩6,770 on 27 November 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 20% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: ₩6,800 The company is up 19% from its price of ₩5,730 on 08 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is up 32% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩200 Per Share Will be paid on the 31st of March to those who are registered shareholders by the 29th of December. The trailing yield of 3.1% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (1.2%). Is New 90 Day High Low • Nov 10
New 90-day high: ₩6,490 The company is up 1.0% from its price of ₩6,400 on 12 August 2020. The South Korean market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Mortgage industry, which is up 16% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₩5,300 The company is down 16% from its price of ₩6,280 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Mortgage industry, which is down 6.0% over the same period. 