Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩1,048, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 17x in the Semiconductor industry in South Korea. Total loss to shareholders of 3.1% over the past three years. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩1,218, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 25x in the Semiconductor industry in South Korea. Total loss to shareholders of 11% over the past three years. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₩1,219, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 27x in the Semiconductor industry in South Korea. Total loss to shareholders of 8.8% over the past three years. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩1,507, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 29x in the Semiconductor industry in South Korea. Total returns to shareholders of 6.4% over the past three years. New Risk • Apr 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% 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 Risk High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (₩59.0b market cap, or US$39.1m). Aankondiging • Mar 11
YoungWoo DSP Co.,Ltd, Annual General Meeting, Mar 31, 2026 YoungWoo DSP Co.,Ltd, Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 164, saeteo-gil, seonggeo-eup, seobuk-gu, chungcheongnam-do, cheonan South Korea Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩1,072, the stock trades at a trailing P/E ratio of 78.8x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total loss to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩887, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 17x in the Semiconductor industry in South Korea. Total loss to shareholders of 29% over the past three years. Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: ₩10.00 (vs ₩72.00 loss in 3Q 2024) Third quarter 2025 results: EPS: ₩10.00 (up from ₩72.00 loss in 3Q 2024). Revenue: ₩19.4b (up 163% from 3Q 2024). Net income: ₩424.7m (up ₩3.59b from 3Q 2024). Profit margin: 2.2% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • May 17
First quarter 2025 earnings released: ₩12.00 loss per share (vs ₩22.00 loss in 1Q 2024) First quarter 2025 results: ₩12.00 loss per share (improved from ₩22.00 loss in 1Q 2024). Revenue: ₩8.12b (up 44% from 1Q 2024). Net loss: ₩517.4m (loss narrowed 46% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings. Aankondiging • Mar 06
YoungWoo DSP Co.,Ltd, Annual General Meeting, Mar 31, 2025 YoungWoo DSP Co.,Ltd, Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 164, saeteo-gil, seonggeo-eup, seobuk-gu, chungcheongnam-do, cheonan South Korea New Risk • Dec 16
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 (₩28.5b market cap, or US$19.9m). New Risk • Dec 03
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: -₩6.6b 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₩6.6b free cash flow). Earnings have declined by 49% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩29.1b market cap, or US$20.8m). Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: ₩4.00 (vs ₩66.00 loss in 2Q 2023) Second quarter 2024 results: EPS: ₩4.00 (up from ₩66.00 loss in 2Q 2023). Revenue: ₩24.8b (up ₩22.1b from 2Q 2023). Net income: ₩156.9m (up ₩3.06b from 2Q 2023). Profit margin: 0.6% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. New Risk • May 18
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: -₩8.6b 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 Risks Less than 1 year of cash runway based on free cash flow trend (-₩8.6b free cash flow). Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩38.3b market cap, or US$28.3m). 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 9.9% 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 Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Market cap is less than US$100m (₩51.2b market cap, or US$38.0m). Reported Earnings • Mar 23
Full year 2023 earnings released: ₩295 loss per share (vs ₩579 loss in FY 2022) Full year 2023 results: ₩295 loss per share (improved from ₩579 loss in FY 2022). Revenue: ₩47.8b (down 3.5% from FY 2022). Net loss: ₩12.9b (loss narrowed 50% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Aankondiging • Jun 21
YoungWoo DSP Co.,Ltd (KOSDAQ:A143540) announces an Equity Buyback for KRW 2,000 million worth of its shares. YoungWoo DSP Co.,Ltd (KOSDAQ:A143540) announces a share repurchase program. Under the program, the company will repurchase up to ¥2,000 million worth of its shares pursuant to a trust agreement with Shinhan Investment Corp. The purpose behind the program is to enhance shareholder value through stock price stabilization and increase efficiency of fund management. The program will continue until June 21, 2023. As of June 20, 2022, the company had no shares in treasury through buyback within dividend capacity and no shares in treasury through other acquisitions. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS ₩48.00 (vs ₩205 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ₩12.2b (down 68% from 3Q 2020). Net income: ₩2.12b (down 69% from 3Q 2020). Profit margin: 17% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improved over the past week After last week's 19% share price gain to ₩2,540, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 25x in the Semiconductor industry in South Korea. Total loss to shareholders of 28% over the past three years. Is New 90 Day High Low • Feb 04
New 90-day high: ₩2,710 The company is up 71% from its price of ₩1,585 on 06 November 2020. The South Korean market is up 27% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 41% over the same period. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 19% share price gain to ₩2,575, the stock is trading at a trailing P/E ratio of 7.5x, up from the previous P/E ratio of 6.3x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea. Total return to shareholders over the past three years is a loss of 37%. Is New 90 Day High Low • Jan 15
New 90-day high: ₩2,420 The company is up 57% from its price of ₩1,545 on 16 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 41% over the same period. Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₩2,210, the stock is trading at a trailing P/E ratio of 6.4x, up from the previous P/E ratio of 5.4x. This compares to an average P/E of 18x in the Semiconductor industry in South Korea. Total return to shareholders over the past three years is a loss of 43%. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 20% share price gain to ₩1,960, the stock is trading at a trailing P/E ratio of 5.7x, up from the previous P/E ratio of 4.8x. This compares to an average P/E of 19x in the Semiconductor industry in South Korea. Total return to shareholders over the past three years is a loss of 49%. Is New 90 Day High Low • Dec 16
New 90-day high: ₩1,830 The company is up 11% from its price of ₩1,645 on 17 September 2020. The South Korean market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 27% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: ₩1,785 The company is up 15% from its price of ₩1,555 on 20 August 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 19% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS ₩127 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: ₩36.1b (up 97% from 3Q 2019). Net income: ₩4.19b (up 61% from 3Q 2019). Profit margin: 12% (down from 14% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 27
New 90-day low: ₩1,495 The company is down 17% from its price of ₩1,800 on 29 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is down 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₩1,505 The company is down 10.0% from its price of ₩1,680 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 Semiconductor industry, which is up 5.0% over the same period. 
