Aankondiging • Mar 14
Signetics Corporation, Annual General Meeting, Mar 27, 2026 Signetics Corporation, Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 40, eoreumsil-ro, tanhyeon-myeon, gyeonggi-do, paju South Korea New Risk • Oct 02
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 9.4% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₩20b free cash flow). Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$100m (₩80.7b market cap, or US$57.5m). New Risk • Aug 30
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2011. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported September 2011 fiscal period end). Minor Risk Market cap is less than US$100m (₩52.3b market cap, or US$37.7m). New Risk • May 23
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₩15b free cash flow). Earnings have declined by 11% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩56.2b market cap, or US$40.9m). Aankondiging • Mar 14
Signetics Corporation, Annual General Meeting, Mar 28, 2025 Signetics Corporation, Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 20-45, seongdong-ro, tanhyeon-myeon, gyeonggi-do, paju South Korea New Risk • Dec 17
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 11% 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 Less than 1 year of cash runway based on free cash flow trend (-₩2.7b free cash flow). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩90.5b market cap, or US$62.9m). New Risk • Sep 19
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 9.2% 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 Less than 1 year of cash runway based on free cash flow trend (-₩4.4b free cash flow). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (₩95.1b market cap, or US$71.7m). New Risk • Aug 31
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩4.4b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-₩4.4b free cash flow). Minor Risk Market cap is less than US$100m (₩87.5b market cap, or US$65.6m). New Risk • Apr 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩134.0b (US$97.3m) 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: Major Risk Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Market cap is less than US$100m (₩134.0b market cap, or US$97.3m). Reported Earnings • Mar 20
Full year 2023 earnings released: ₩180 loss per share (vs ₩87.86 profit in FY 2022) Full year 2023 results: ₩180 loss per share (down from ₩87.86 profit in FY 2022). Revenue: ₩185.5b (down 36% from FY 2022). Net loss: ₩15.4b (down 305% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. New Risk • Feb 20
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 8.1% 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 (8.1% average weekly change). Market cap is less than US$100m (₩128.6b market cap, or US$96.4m). Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩1,322, the stock trades at a trailing P/E ratio of 61.1x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 83% over the past three years. New Risk • Jul 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩129.6b (US$99.8m) 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 (9.8% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (₩129.6b market cap, or US$99.8m). Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩1,419, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 13x in the Semiconductor industry in South Korea. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩1,336, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 167% over the past three years. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩1,115, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 9x in the Semiconductor industry in South Korea. Total loss to shareholders of 3.5% over the past three years. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩1,280, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩1,540, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improved over the past week After last week's 19% share price gain to ₩2,790, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 121% over the past three years. Reported Earnings • May 17
First quarter 2021 earnings released: EPS ₩49.65 (vs ₩50.48 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩59.1b (up 36% from 1Q 2020). Net income: ₩4.26b (up ₩8.58b from 1Q 2020). Profit margin: 7.2% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 15
New 90-day high: ₩1,780 The company is up 140% from its price of ₩743 on 17 November 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 26% over the same period. Is New 90 Day High Low • Jan 20
New 90-day high: ₩926 The company is up 20% from its price of ₩774 on 22 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 44% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: ₩881 The company is up 24% from its price of ₩708 on 06 October 2020. The South Korean market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 32% over the same period. Is New 90 Day High Low • Oct 08
New 90-day high: ₩825 The company is up 10.0% from its price of ₩749 on 10 July 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Semiconductor industry, which is up 4.0% over the same period.