Valuation Update With 7 Day Price Move • 6h
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to ₩9,410, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 27% over the past three years. New Risk • Jun 15
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. 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 (₩112.0b market cap, or US$74.0m). Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩7,590, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩10,490, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩8,920, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 18x in the Electronic industry in South Korea. Total loss to shareholders of 6.1% over the past three years. Reported Earnings • Mar 21
Full year 2025 earnings released: EPS: ₩433 (vs ₩266 in FY 2024) Full year 2025 results: EPS: ₩433 (up from ₩266 in FY 2024). Revenue: ₩54.6b (up 22% from FY 2024). Net income: ₩5.46b (up 63% from FY 2024). Profit margin: 10.0% (up from 7.5% in FY 2024). The increase in margin was driven by higher revenue. Aankondiging • Mar 12
GO Element Co., Ltd., Annual General Meeting, Mar 27, 2026 GO Element Co., Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 30, geumseok 3-gil, gyeonggi-do, anseong South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩6,210, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 36% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 April 2026. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of South Korean dividend payers (3.6%). In line with average of industry peers (0.9%). Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: ₩100.00 (vs ₩122 in 3Q 2024) Third quarter 2025 results: EPS: ₩100.00 (down from ₩122 in 3Q 2024). Revenue: ₩15.6b (up 14% from 3Q 2024). Net income: ₩1.26b (down 18% from 3Q 2024). Profit margin: 8.1% (down from 11% in 3Q 2024). Declared Dividend • Nov 08
Dividend of ₩50.00 announced Dividend of ₩50.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 16th April 2026 Dividend yield will be 0.7%, which is lower than the industry average of 0.9%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (46% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 9.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Aankondiging • Nov 07
GO Element Co., Ltd. announces Annual dividend, payable on April 16, 2026 GO Element Co., Ltd. announced Annual dividend of KRW 50.0000 per share payable on April 16, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: ₩77.00 (vs ₩122 in 2Q 2024) Second quarter 2025 results: EPS: ₩77.00 (down from ₩122 in 2Q 2024). Revenue: ₩12.7b (down 4.9% from 2Q 2024). Net income: ₩968.7m (down 37% from 2Q 2024). Profit margin: 7.6% (down from 12% in 2Q 2024). New Risk • Mar 31
New major risk - Revenue and earnings growth Revenue has declined by 25% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Revenue has declined by 25% over the past year. High level of non-cash earnings (28% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (₩89.8b market cap, or US$61.1m). Aankondiging • Mar 15
GO Element Co., Ltd., Annual General Meeting, Mar 28, 2025 GO Element Co., Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: auditorium, 30, geumseok 3-gil, gyeonggi-do, anseong South Korea Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩8,600, the stock trades at a trailing P/E ratio of 39.7x. Average forward P/E is 10x in the Electronic industry in South Korea. Total loss to shareholders of 14% over the past three years. Upcoming Dividend • Dec 20
Inaugural dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. This is the first dividend for GO Element since going public. The average dividend yield among industry peers is 1.0%. New Risk • Dec 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 10% 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 (28% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (₩93.3b market cap, or US$65.3m). Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩7,400, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 12x in the Electronic industry in South Korea. Total loss to shareholders of 65% over the past three years. New Risk • Nov 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor 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. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (₩82.1b market cap, or US$58.9m). Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩6,180, the stock trades at a trailing P/E ratio of 28.5x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total loss to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₩7,500, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 37% over the past year. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: ₩99.00 (vs ₩59.00 in 1Q 2023) First quarter 2024 results: EPS: ₩99.00 (up from ₩59.00 in 1Q 2023). Revenue: ₩7.11b (up 36% from 1Q 2023). Net income: ₩1.25b (up 68% from 1Q 2023). Profit margin: 18% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Aankondiging • Mar 13
GO Element Co., Ltd. (KOSDAQ:A311320) agreed to acquire 44.8% stake in (Ju)Eta for approximately KRW 4 billion. GO Element Co., Ltd. (KOSDAQ:A311320) agreed to acquire 44.8% stake in (Ju)Eta for approximately KRW 4 billion on March 12, 2024. The deal is expected to be completed on April 12, 224. Upcoming Dividend • Dec 20
Inaugural dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. This is the first dividend for GO Element since going public. The average dividend yield among industry peers is 0.9%. New Risk • Nov 29
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 8.5% 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: Major Risks Revenue has declined by 30% over the past year. High level of non-cash earnings (38% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Profit margins are more than 30% lower than last year (8.7% net profit margin). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩5.00 (vs ₩117 in 3Q 2022) Third quarter 2023 results: EPS: ₩5.00 (down from ₩117 in 3Q 2022). Revenue: ₩3.55b (down 48% from 3Q 2022). Net income: ₩58.4m (down 96% from 3Q 2022). Profit margin: 1.6% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. New Risk • Oct 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩133.2b (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 Risks Revenue has declined by 11% over the past year. High level of non-cash earnings (29% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (₩133.2b market cap, or US$98.5m). New Risk • Aug 26
New major risk - Revenue and earnings growth Revenue has declined by 11% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Revenue has declined by 11% over the past year. High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩15,300, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 72% over the past year. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩12,350, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total returns to shareholders of 41% over the past year. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩10,680, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 14x in the Electronic industry in South Korea. Total loss to shareholders of 13% over the past year. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 88% share price gain to ₩20,250, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 10x in the Electronic industry in South Korea. Total returns to shareholders of 16% over the past year. Upcoming Dividend • Dec 21
Inaugural dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. This is the first dividend for GO Element since going public. The average dividend yield among industry peers is 1.0%. Reported Earnings • Nov 17
Third quarter 2022 earnings released: EPS: ₩233 (vs ₩245 in 3Q 2021) Third quarter 2022 results: EPS: ₩233. Revenue: ₩6.79b (up 49% from 3Q 2021). Net income: ₩1.47b (up 31% from 3Q 2021). Profit margin: 22% (down from 25% in 3Q 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Oct 25
Investor sentiment improved over the past week After last week's 21% share price gain to ₩24,400, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 10x in the Electronic industry in South Korea. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 24% share price gain to ₩20,900, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 11x in the Electronic industry in South Korea. Valuation Update With 7 Day Price Move • Sep 20
Investor sentiment improved over the past week After last week's 19% share price gain to ₩21,950, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 12x in the Electronic industry in South Korea. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 19% share price gain to ₩21,150, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 15x in the Electronic industry in South Korea.