Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩7,800, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 30x in the Electrical industry in South Korea. Total loss to shareholders of 33% over the past three years. Aankondiging • Jun 11
G2Power Co. Ltd (KOSDAQ:A388050) announces an Equity Buyback for KRW 600 million worth of its shares. G2Power Co. Ltd (KOSDAQ:A388050) announces a share repurchase program. Under the program, the company will repurchase up to KRW 600 million worth of its shares pursuant to a contract with Korea Investment & Securities Co., Ltd. The purpose of the program is enhancement of shareholder value and stock-based compensation for employees, etc. The program will expire on December 15, 2026. As of June 9, 2026, the company had 0 shares in treasury within scope available for dividend and had 0 shares under other acquisitions. New Risk • Jun 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩152.0b (US$97.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (₩152.0b market cap, or US$97.5m). Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩9,980, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 41x in the Electrical industry in South Korea. Total loss to shareholders of 13% over the past three years. Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩16,250, the stock trades at a trailing P/E ratio of 54.6x. Average trailing P/E is 55x in the Electrical industry in South Korea. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩14,920, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 41x in the Electrical industry in South Korea. Total returns to shareholders of 18% over the past three years. New Risk • Apr 03
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 13% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩11,190, the stock trades at a trailing P/E ratio of 46x. Average trailing P/E is 32x in the Electrical industry in South Korea. Total loss to shareholders of 5.3% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩11,060, the stock trades at a trailing P/E ratio of 45.5x. Average trailing P/E is 31x in the Electrical industry in South Korea. Total returns to shareholders of 24% over the past three years. Aankondiging • Mar 04
G2Power Co. Ltd, Annual General Meeting, Mar 31, 2026 G2Power Co. Ltd, Annual General Meeting, Mar 31, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 868-12, chorok-ro, yanggam-myeon, gyeonggi-do, hwaseong South Korea Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩11,650, the stock trades at a trailing P/E ratio of 47.9x. Average trailing P/E is 32x in the Electrical industry in South Korea. Total returns to shareholders of 59% over the past three years. Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩103 (vs ₩47.70 in 3Q 2024) Third quarter 2025 results: EPS: ₩103 (up from ₩47.70 in 3Q 2024). Revenue: ₩15.6b (up 31% from 3Q 2024). Net income: ₩1.93b (up 117% from 3Q 2024). Profit margin: 12% (up from 7.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. New Risk • Nov 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩143.8b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩11,190, the stock trades at a trailing P/E ratio of 62.3x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 55% over the past three years. New Risk • May 22
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 8.9% 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 High level of non-cash earnings (20% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Valuation Update With 7 Day Price Move • May 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩9,470, the stock trades at a trailing P/E ratio of 52.7x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total returns to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩6,910, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 19x in the Electrical industry in South Korea. Total returns to shareholders of 34% over the past three years. Aankondiging • Feb 22
G2Power Co. Ltd, Annual General Meeting, Mar 26, 2025 G2Power Co. Ltd, Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 868-12, chorok-ro, yanggam-myeon, gyeonggi-do, hwaseong South Korea Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩8,250, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 23x in the Electrical industry in South Korea. Total loss to shareholders of 14% over the past year. New Risk • Dec 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩138.0b (US$96.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). High level of non-cash earnings (20% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₩138.0b market cap, or US$96.4m). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩7,400, the stock trades at a trailing P/E ratio of 46.7x. Average trailing P/E is 19x in the Electrical industry in South Korea. Total loss to shareholders of 11% over the past year. New Risk • Nov 14
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (20% accrual ratio). Minor Risk Less than 3 years of financial data is available. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ₩47.70 (vs ₩57.10 loss in 3Q 2023) Third quarter 2024 results: EPS: ₩47.70 (up from ₩57.10 loss in 3Q 2023). Revenue: ₩12.0b (up 37% from 3Q 2023). Net income: ₩890.1m (up ₩1.93b from 3Q 2023). Profit margin: 7.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. New Risk • Aug 29
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 85% 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 Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (₩122.5b market cap, or US$91.9m). New Risk • Aug 02
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩135.6b (US$99.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (₩135.6b market cap, or US$99.3m). New Risk • Jun 10
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 7.6% 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 Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (1.7% net profit margin). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). New Risk • Jan 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 Risk Shareholders have been diluted in the past year (2.3% increase in shares outstanding). New Risk • Oct 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩132.7b (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Shareholders have been diluted in the past year (2.3% increase in shares outstanding). Market cap is less than US$100m (₩132.7b market cap, or US$98.5m). New Risk • Sep 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risk Shareholders have been diluted in the past year (2.3% increase in shares outstanding). 