Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: ₩860 (vs ₩698 in FY 2024) Full year 2025 results: EPS: ₩860 (up from ₩698 in FY 2024). Revenue: ₩426.2b (up 13% from FY 2024). Net income: ₩22.6b (up 24% from FY 2024). Profit margin: 5.3% (up from 4.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Mar 11
Guyoung Technology Co., Ltd, Annual General Meeting, Mar 24, 2026 Guyoung Technology Co., Ltd, Annual General Meeting, Mar 24, 2026, at 08:30 Tokyo Standard Time. Location: seminar room, 119, gukgasandan-daero 39-gil, guji-myeon, dalseong-gun, daegu 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 ₩2,110, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 8x in the Auto Components industry in South Korea. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₩2,865, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total returns to shareholders of 25% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩60.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 13 April 2026. Payout ratio is a comfortable 8.4% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (2.0%). Declared Dividend • Nov 08
Dividend of ₩60.00 announced Dividend of ₩60.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 13th April 2026 Dividend yield will be 2.9%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 49% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 07
Guyoung Technology Co., Ltd announces Annual dividend, payable on April 13, 2026 Guyoung Technology Co., Ltd announced Annual dividend of KRW 60.0000 per share payable on April 13, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Announcement • Jul 24
Guyoung Technology Co., Ltd (KOSDAQ:A053270) entered into a Memorandum of Understanding to acquire Car Tech LLC from SHIN YOUNG Co., Ltd. for KRW 10.0 billion. Guyoung Technology Co., Ltd (KOSDAQ:A053270) entered into a Memorandum of Understanding to acquire Car Tech LLC from SHIN YOUNG Co., Ltd. for KRW 10.0 billion on July 23, 2025. A cash consideration of KRW 10 billion will be paid by Guyoung Technology Co., Ltd. As part of consideration, KRW 10 billion is paid towards common equity of Car Tech LLC. Preliminary due diligence is to be completed within four weeks of signing the MOU, with a performance deposit of KRW 10.0 billion due at signing, which will be credited towards the purchase price. The buyer is granted exclusive negotiation rights until November 22, 2025, and the MOU is legally binding for both parties, with the definitive contract expected to be signed by that date. New Risk • May 22
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). High level of non-cash earnings (42% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₩60.0b market cap, or US$43.5m). Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: ₩698 (vs ₩736 in FY 2023) Full year 2024 results: EPS: ₩698 (down from ₩736 in FY 2023). Revenue: ₩377.4b (up 5.6% from FY 2023). Net income: ₩18.2b (down 2.3% from FY 2023). Profit margin: 4.8% (down from 5.2% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Mar 12
Guyoung Technology Co., Ltd, Annual General Meeting, Mar 26, 2025 Guyoung Technology Co., Ltd, Annual General Meeting, Mar 26, 2025, at 08:30 Tokyo Standard Time. Location: seminar room, 119, gukgasandan-daero 39-gil, guji-myeon, dalseong-gun, daegu South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 14 April 2025. Payout ratio is a comfortable 6.8% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of South Korean dividend payers (3.9%). In line with average of industry peers (2.6%). Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: ₩140 (vs ₩160 in 3Q 2023) Third quarter 2024 results: EPS: ₩140 (down from ₩160 in 3Q 2023). Revenue: ₩99.7b (up 12% from 3Q 2023). Net income: ₩3.64b (down 10% from 3Q 2023). Profit margin: 3.7% (down from 4.6% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩2,025, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 7x in the Auto Components industry in South Korea. Total loss to shareholders of 47% over the past three years. Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: ₩736 (vs ₩159 in FY 2022) Full year 2023 results: EPS: ₩736 (up from ₩159 in FY 2022). Revenue: ₩357.4b (up 30% from FY 2022). Net income: ₩18.6b (up 369% from FY 2022). Profit margin: 5.2% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩30.00 per share at 1.0% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 11 April 2024. Payout ratio is a comfortable 4.8% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (2.0%). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩160 (vs ₩79.00 in 3Q 2022) Third quarter 2023 results: EPS: ₩160 (up from ₩79.00 in 3Q 2022). Revenue: ₩89.4b (up 22% from 3Q 2022). Net income: ₩4.07b (up 107% from 3Q 2022). Profit margin: 4.6% (up from 2.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. New Risk • Jul 24
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 96% 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 Earnings have declined by 3.4% per year over the past 5 years. Minor Risks High level of debt (92% net debt to equity). Dividend is not well covered by cash flows (96% cash payout ratio). Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Market cap is less than US$100m (₩79.6b market cap, or US$62.1m). Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩3,600, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 11x in the Auto Components industry in South Korea. Total returns to shareholders of 165% over the past three years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩2,915, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 9x in the Auto Components industry in South Korea. Total returns to shareholders of 68% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩30.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 11 April 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.3%). Reported Earnings • Nov 17
Third quarter 2022 earnings released: EPS: ₩79.00 (vs ₩34.00 loss in 3Q 2021) Third quarter 2022 results: EPS: ₩79.00 (up from ₩34.00 loss in 3Q 2021). Revenue: ₩73.1b (up 77% from 3Q 2021). Net income: ₩1.97b (up ₩2.81b from 3Q 2021). Profit margin: 2.7% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₩3,525, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 14x in the Auto Components industry in South Korea. Total returns to shareholders of 115% over the past three years. Valuation Update With 7 Day Price Move • May 25
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩4,005, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 12x in the Auto Components industry in South Korea. Total returns to shareholders of 165% over the past three years. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 18% share price gain to ₩4,510, the stock trades at a trailing P/E ratio of 35.6x. Average trailing P/E is 12x in the Auto Components industry in South Korea. Total returns to shareholders of 167% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 29% share price gain to ₩3,860, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 13x in the Auto Components industry in South Korea. Total returns to shareholders of 121% over the past three years. Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩2,650, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 13x in the Auto Components industry in South Korea. Total returns to shareholders of 44% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩30.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 19 April 2022. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.8%). Reported Earnings • Nov 16
Third quarter 2021 earnings released: ₩34.00 loss per share (vs ₩1.00 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₩41.4b (down 28% from 3Q 2020). Net loss: ₩840.9m (loss widened ₩810.7m from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 15% share price gain to ₩3,605, the stock trades at a trailing P/E ratio of 63.5x. Average trailing P/E is 16x in the Auto Components industry in South Korea. Total returns to shareholders of 111% over the past three years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improved over the past week After last week's 17% share price gain to ₩4,445, the stock trades at a trailing P/E ratio of 78.3x. Average trailing P/E is 18x in the Auto Components industry in South Korea. Total returns to shareholders of 142% over the past three years. Is New 90 Day High Low • Mar 08
New 90-day high: ₩5,290 The company is up 213% from its price of ₩1,690 on 08 December 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 22% over the same period. Is New 90 Day High Low • Feb 03
New 90-day high: ₩3,995 The company is up 136% from its price of ₩1,695 on 05 November 2020. The South Korean market is up 28% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Auto Components industry, which is up 46% over the same period. Is New 90 Day High Low • Jan 12
New 90-day high: ₩1,800 The company is up 8.0% from its price of ₩1,670 on 14 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 39% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩30.00 Per Share Will be paid on the 9th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.9% is below the top quartile of South Korean dividend payers (2.6%), but is in line with industry peers (1.7%).