Announcement • 12h
SONOKONG Co., Ltd. announced that it has received KRW 5 billion in funding from HK Mobility Company Co., Ltd. and other investor. On July 22, 2026, SONOKONG Co., Ltd. closed the transaction. The company issued 2,000,000 common shares at an issue price of KRW 2500 for gross proceeds of KRW 5,000,000,000. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩2,285, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 5x in the Leisure industry in South Korea. Total loss to shareholders of 69% over the past three years. New Risk • Jun 26
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 12% 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 (80% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (₩31.2b market cap, or US$20.2m).