Aankondiging • Mar 13
M2N Co.,Ltd, Annual General Meeting, Mar 27, 2026 M2N Co.,Ltd, Annual General Meeting, Mar 27, 2026, at 08:30 Tokyo Standard Time. Location: conference room, 100, cheonggyecheon-ro, jung-gu, seoul South Korea New Risk • Jan 31
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 9.5% 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 Share price has been volatile over the past 3 months (9.5% average weekly change). Market cap is less than US$100m (₩81.3b market cap, or US$56.1m). Buy Or Sell Opportunity • Sep 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.4% to ₩2,045. The fair value is estimated to be ₩2,590, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Meanwhile, the company became loss making. New Risk • Apr 25
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 9.1% 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 Share price has been volatile over the past 3 months (9.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩84.9b market cap, or US$59.0m). Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₩2,270, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 12x in the Packaging industry in South Korea. Total loss to shareholders of 68% over the past three years. Aankondiging • Mar 15
M2N Co.,Ltd, Annual General Meeting, Mar 28, 2025 M2N Co.,Ltd, Annual General Meeting, Mar 28, 2025, at 08:30 Tokyo Standard Time. Location: seminar room, 100, cheonggyecheon-ro, jung-gu, seoul South Korea New Risk • Dec 08
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 Market cap is less than US$100m (₩71.9b market cap, or US$50.6m). Buy Or Sell Opportunity • Oct 30
Now 20% overvalued Over the last 90 days, the stock has fallen 20% to ₩2,005. The fair value is estimated to be ₩1,669, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 41% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: ₩130 (vs ₩70.00 loss in 2Q 2023) Second quarter 2024 results: EPS: ₩130 (up from ₩70.00 loss in 2Q 2023). Revenue: ₩24.2b (up 4.6% from 2Q 2023). Net income: ₩5.13b (up ₩7.89b from 2Q 2023). Profit margin: 21% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. New Risk • May 29
New major risk - Revenue and earnings growth Earnings have declined by 9.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩107.1b market cap, or US$78.4m). New Risk • Nov 27
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 9.8% 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 Share price has been volatile over the past 3 months (9.8% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₩3,915, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 10x in the Packaging industry in South Korea. Total loss to shareholders of 63% over the past three years. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩11.40 (vs ₩40.78 loss in 3Q 2022) Third quarter 2023 results: EPS: ₩11.40 (up from ₩40.78 loss in 3Q 2022). Revenue: ₩18.5b (up 170% from 3Q 2022). Net income: ₩470.2m (up ₩2.08b from 3Q 2022). Profit margin: 2.5% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Aankondiging • May 04
An unknown buyer completed the acquisition of 51.59% stake in Kunshan Daekyung Automotive Processing Co., Ltd. from M2N Co.,Ltd (KOSDAQ:A033310). An unknown buyer agreed to acquire 51.59% stake in Kunshan Daekyung Automotive Processing Co., Ltd. from M2N Co.,Ltd (KOSDAQ:A033310) for CNY 27.5 million on December 26, 2022. The transaction is resolved by the board. The transaction is expected to complete on March 31, 2023. As on March 31, 2023, the transaction is expected to complete on June 30, 2023. As per the amendment document on May 2, 2203, the transaction is expected to be completed on May 2, 2023.
An unknown buyer completed the acquisition of 51.59% stake in Kunshan Daekyung Automotive Processing Co., Ltd. from M2N Co.,Ltd (KOSDAQ:A033310) on May 2, 2023. The consideration of CNY 27,490,100 was paid by converting it at an exchange rate of 192.15 KRW/CNY after paying Chinese taxes and domestic and foreign commissions, and the payment was actually made to M2N's account. M2N's stake in Kunshan Daekyung Automotive reduced from 70.59% to 19% as a result of this transaction. Aankondiging • Feb 01
M2N Co.,Ltd (KOSDAQ:A033310) agreed to acquire Shin Han Electro-Mechanics Co., Ltd. for KRW 27 billion. M2N Co.,Ltd (KOSDAQ:A033310) agreed to acquire Shin Han Electro-Mechanics Co., Ltd. for KRW 27 billion on February 1, 2023. M2N Co.,Ltd Will acquire 0.1 million shares of Shin Han Electro-Mechanics Co., Ltd. The transaction is expected to complete on February 1, 2023. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (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: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (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: Minority of independent directors. Insufficient board refreshment. Aankondiging • Jul 23
M2N Co.,Ltd has completed a Follow-on Equity Offering in the amount of KRW 128.65 billion. M2N Co.,Ltd has completed a Follow-on Equity Offering in the amount of KRW 128.65 billion.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 8,300,000
Price\Range: KRW 15500
Discount Per Security: KRW 201.5
Transaction Features: Rights Offering Aankondiging • Apr 25
M2N Co.,Ltd announced that it has received KRW 30 billion in funding On April 23, 2021, M2N Co.,Ltd (KOSDAQ:A033310) closed the transaction. Aankondiging • Apr 03
M2N Co.,Ltd announced that it expects to receive KRW 30 billion in funding M2N Co.,Ltd (KOSDAQ:A033310) announced a private placement of round 14 non-guaranteed private convertible bonds with bearer interest for gross proceeds of KRW 30,000,000,000 on April 1, 2021. The transaction will include participation from HR New Technology Fund No. 1 Business Execution Member, a fund managed by Withwin Investment Co., Ltd. The bonds are zero coupon bonds with a interest rate to maturity of 6% and will mature on April 20, 2024. The bonds are fully convertible into 1,912,411 common shares representing 7.93% of the total number of shares at a conversion price of KRW 15,687 per share from April 20, 2022 to March 20, 2024. The transaction has been approved by the board of directors of the company. The subscription date is on the same day and the payment is on April 20, 2021. The bonds are subject to prohibition of conversion and division of rights for one year from the date of issue of bonds. Aankondiging • Oct 14
M2N Co.,Ltd (KOSDAQ:A033310) agreed to acquire 18.69% stake in Greenfire Bio LLC for KRW 3.9 billion. M2N Co.,Ltd (KOSDAQ:A033310) agreed to acquire 18.69% stake in Greenfire Bio LLC for KRW 3.9 billion on October 14, 2020. The offer price per share is KRW 3.94. The transaction is expected to close on October 14, 2020. Aankondiging • Oct 07
M2N Co.,Ltd announced that it has received KRW 1.000000092 billion in funding On October 6, 2020, M2N Co.,Ltd (KOSDAQ:A033310) closed the transaction. Is New 90 Day High Low • Sep 29
New 90-day high: ₩13,300 The company is up 193% from its price of ₩4,545 on 01 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 15% over the same period. Aankondiging • Sep 21
M2N Co.,Ltd announced that it expects to receive KRW 1.000000092 billion in funding M2N Co.,Ltd (KOSDAQ:A033310) announced a private placement of 116,428 common shares at a price of KRW 8,589 per share for gross proceeds of KRW 1,000,000,092 on September 21, 2020. The shares have a par value of KRW 500. The transaction will include participation from Seo Young Min. The company will receive funding through third party allotment of capital. The transaction has been approved by board of directors of the company. The transaction is expected to close on October 6, 2020. The shares issued are subject to restriction period of one year. Aankondiging • Jun 20
DK D&I Co.,Ltd. announced that it has received KRW 13 billion in funding from Sangsangin Investment & Securities Co.,Ltd., Investment Arm, Sangsangin Savings Bank, Investment Arm, NH Investment & Securities Co., Ltd., Investment Arm, Mirae Asset Daewoo Co., Ltd., Investment Arm, KB Securities Co., Ltd., Investment Arm On June 18, 2020, DK D&I Co.,Ltd. (KOSDAQ:A033310) closed the transaction. Aankondiging • Jun 17
DK D&I Co.,Ltd. announced that it expects to receive KRW 10 billion in funding from Sangsangin Savings Bank, Asset Management Arm, Sangsangin Investment & Securities Co.,Ltd., Investment Arm DK D&I Co.,Ltd. (KOSDAQ:A033310) announced that it will issue series 12 unguaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on June 16, 2020. The bonds will be issued at par. The transaction will include participation from Sangsangin Savings Bank, Asset Management Arm and Sangsangin Investment & Securities Co.,Ltd., Investment Arm. The bonds will bear fixed interest rate of 6% per annum. The bonds will mature on June 18, 2023. The bonds are convertible into 2,503,128 common shares at a fixed conversion price of KRW 3,995 per share from June 18, 2021 to May 18, 2023. The date of subscription is June 16, 2020 and expected date of payment is June 18, 2020. The transaction is approved by the board of directors of the company.