About A053450

Founded: 1988
Employees: 488
CEO: Eun-Kyung Park
WebsiteView website: www.sekonix.com

SEKONIX Co., Ltd. develops, manufactures, and sells optical electronic components primarily in South Korea. It offers smartphone’s rear/front camera lens, automotive cameras, PICO projectors, and optical films. The company was founded in 1988 and is headquartered in Dongducheon-si, South Korea.

Recent A053450 News & Updates

New Risk • Mar 04

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.0% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩70.5b market cap, or US$48.2m).

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About A053450

Recent A053450 News & Updates

SEKONIX's (KOSDAQ:053450) Anemic Earnings Might Be Worse Than You Think

New minor risk - Profit margin trend

New minor risk - Dividend sustainability

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