Aankondiging • Feb 25
INCON Co.,Ltd., Annual General Meeting, Mar 30, 2026 INCON Co.,Ltd., Annual General Meeting, Mar 30, 2026, at 09:10 Tokyo Standard Time. Location: conference room, 375, sowol-ro, yongsan-gu, seoul South Korea New Risk • Jan 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 9.1% 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: Major Risks Latest financial reports are more than 1 year old (reported September 2022 fiscal period end). High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (₩24.8b market cap, or US$16.9m). New Risk • May 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩4.49b (US$3.22m) This is considered a major 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 Latest financial reports are more than 1 year old (reported September 2022 fiscal period end). High level of non-cash earnings (40% accrual ratio). Market cap is less than US$10m (₩4.49b market cap, or US$3.22m). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change). Board Change • May 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. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Director Steve Glover was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. New Risk • Mar 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 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: Major Risks Latest financial reports are more than 1 year old (reported September 2022 fiscal period end). High level of non-cash earnings (40% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (₩18.7b market cap, or US$12.8m). Aankondiging • Mar 08
INCON Co.,Ltd., Annual General Meeting, Mar 24, 2025 INCON Co.,Ltd., Annual General Meeting, Mar 24, 2025, at 08:30 Tokyo Standard Time. Location: conference room, 375, sowal-ro, yongsan-gu, seoul South Korea New Risk • Dec 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 34% 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 Risks Latest financial reports are more than 1 year old (reported September 2022 fiscal period end). High level of non-cash earnings (40% accrual ratio). Minor Risks Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (₩43.6b market cap, or US$33.3m). New Risk • Nov 12
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2022. 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 Risks Latest financial reports are more than 1 year old (reported September 2022 fiscal period end). High level of non-cash earnings (40% accrual ratio). Minor Risk Market cap is less than US$100m (₩29.1b market cap, or US$22.1m). Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩919, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 14x in the Electronic industry in South Korea. Total loss to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩1,068, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total loss to shareholders of 72% over the past three years. Valuation Update With 7 Day Price Move • Dec 13
Investor sentiment improved over the past week After last week's 26% share price gain to ₩1,590, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total loss to shareholders of 57% 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. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Director Steve Glover was the last director to join the board, commencing their role in 2018. 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 • Sep 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩1,040, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total loss to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 31% share price gain to ₩1,375, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 14x in the Electronic industry in South Korea. Total loss to shareholders of 73% over the past three years. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩1,065, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 85% over the past three years. 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. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Director Steve Glover was the last director to join the board, commencing their role in 2018. 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 • Jul 03
Investor sentiment improved over the past week After last week's 21% share price gain to ₩2,910, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 24x in the Electronic industry in South Korea. Total loss to shareholders of 69% over the past three years. Aankondiging • Jun 24
Incon Co., Ltd. announced that it expects to receive KRW 11 billion in funding from YR Invest Co., Ltd and other investor Incon Co., Ltd. (KOSDAQ:A083640) announced that it will issue series 11 unregistered coupon nonguaranteed private convertible bonds for gross proceeds of KRW 11,000,000,000 on June 23, 2021. The transaction will include participation from new investors, Slipper Fund for KRW 10,000,000,000 and YR Invest Co., Ltd for KRW 1,000,000,000. The coupon rate and maturity rate is 1% each. The bond maturity date is July 02, 2024. The bonds are fully convertible into 4,325,599 shares representing 9.98% stake at a price of KRW 2,543 per share from July 02, 2022 to June 02, 2024. The transaction has been approved by the board of directors of the company. The subscription date is June 25, 2021 and payment date is July 02, 2021. Is New 90 Day High Low • Mar 05
New 90-day low: ₩2,490 The company is down 41% from its price of ₩4,210 on 04 December 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 18% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: ₩2,920 The company is up 45% from its price of ₩2,010 on 21 August 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 14% over the same period. Aankondiging • Aug 29
Gold Pacific Co., Ltd. (KOSDAQ:A038530) cancelled the acquisition of an additional 16.4% stake in Incon Co., Ltd. (KOSDAQ:A083640) from H.Anderson Co., Ltd. Gold Pacific Co., Ltd. (KOSDAQ:A038530) entered into an agreement to acquire an additional 16.4% stake in Incon Co., Ltd. (KOSDAQ:A083640) from H.Anderson Co., Ltd. for KRW 44.2 billion on July 29, 2019. Under the terms of the transaction, Gold Pacific Co., Ltd. will acquire 11.4 million at KRW 3,000 per share. Out of total consideration, KRW 6 billion will be paid on July 29, 2019 as deposit, KRW 10 billion will be paid on August 20, 2019, KRW 8.23 billion will be paid in cash and remaining KRW 10 billion will be paid by the convertible bonds issuance by Gold Pacific Co., Ltd. Transaction will be funded from convertible bonds and self funded funds. Upon completion, Gold Pacific Co., Ltd. will become largest shareholder with 21.46% stake and H.Anderson Co., Ltd. will hold no stake in Incon Co., Ltd. The transaction is expected to close on September 17, 2019. As of September 5, 2019, completion is expected on October 1, 2019.
Gold Pacific Co., Ltd. (KOSDAQ:A038530) cancelled the acquisition of an additional 16.4% stake in Incon Co., Ltd. (KOSDAQ:A083640) from H.Anderson Co., Ltd. on July 29, 2020.