SPECO Ltd.

KOSDAQ:A013810 Stock Report

Market Cap: ₩25.6b

SPECO Past Earnings Performance

Past criteria checks 2/6

SPECO's earnings have been declining at an average annual rate of -44.1%, while the Construction industry saw earnings declining at 6.1% annually. Revenues have been declining at an average rate of 17.3% per year. SPECO's return on equity is 0.6%, and it has net margins of 1.4%.

Key information

-44.08%

Earnings growth rate

-44.22%

EPS growth rate

Construction Industry Growth3.38%
Revenue growth rate-17.34%
Return on equity0.61%
Net Margin1.37%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article Dec 15

We're Not So Sure You Should Rely on SPECO's (KOSDAQ:013810) Statutory Earnings

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...

Recent updates

Analysis Article Jun 13

Revenues Not Telling The Story For SPECO Ltd. (KOSDAQ:013810)

When close to half the companies in the Construction industry in Korea have price-to-sales ratios (or "P/S") below...
Analysis Article Nov 21

Is SPECO (KOSDAQ:013810) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 04

SPECO Ltd.'s (KOSDAQ:013810) Shares Climb 28% But Its Business Is Yet to Catch Up

SPECO Ltd. ( KOSDAQ:013810 ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Aug 06

Subdued Growth No Barrier To SPECO Ltd. (KOSDAQ:013810) With Shares Advancing 33%

SPECO Ltd. ( KOSDAQ:013810 ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article Jun 05

Is SPECO (KOSDAQ:013810) Using Debt Sensibly?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 08

Some Confidence Is Lacking In SPECO Ltd.'s (KOSDAQ:013810) P/S

SPECO Ltd.'s ( KOSDAQ:013810 ) price-to-sales (or "P/S") ratio of 2.9x may look like a poor investment opportunity when...
Analysis Article Apr 30

When Should You Buy SPECO Ltd. (KOSDAQ:013810)?

While SPECO Ltd. ( KOSDAQ:013810 ) might not be the most widely known stock at the moment, it saw significant share...
Analysis Article Apr 18

Is SPECO (KOSDAQ:013810) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Apr 06

A Look At The Intrinsic Value Of SPECO Ltd. (KOSDAQ:013810)

Does the April share price for SPECO Ltd. ( KOSDAQ:013810 ) reflect what it's really worth? Today, we will estimate the...
Analysis Article Mar 25

What Makes SPECO Ltd. (KOSDAQ:013810) A Great Dividend Stock?

Today we'll take a closer look at SPECO Ltd. ( KOSDAQ:013810 ) from a dividend investor's perspective. Owning a strong...
Analysis Article Mar 05

Shareholders Are Thrilled That The SPECO (KOSDAQ:013810) Share Price Increased 168%

SPECO Ltd. ( KOSDAQ:013810 ) shareholders have seen the share price descend 19% over the month. But that doesn't...
Analysis Article Feb 18

SPECO (KOSDAQ:013810) Knows How To Allocate Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Feb 05

Is SPECO Ltd.'s (KOSDAQ:013810) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

SPECO (KOSDAQ:013810) has had a great run on the share market with its stock up by a significant 20% over the last...
Analysis Article Jan 23

If You Like EPS Growth Then Check Out SPECO (KOSDAQ:013810) Before It's Too Late

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Analysis Article Jan 10

SPECO (KOSDAQ:013810) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 28

When Should You Buy SPECO Ltd. (KOSDAQ:013810)?

SPECO Ltd. ( KOSDAQ:013810 ), might not be a large cap stock, but it saw a significant share price rise of over 20% in...
Analysis Article Dec 15

We're Not So Sure You Should Rely on SPECO's (KOSDAQ:013810) Statutory Earnings

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Analysis Article Dec 02

Announcing: SPECO (KOSDAQ:013810) Stock Increased An Energizing 194% In The Last Year

When you buy shares in a company, there is always a risk that the price drops to zero. But if you pick the right...
Analysis Article Nov 19

Investors Still Aren't Entirely Convinced About SPECO Ltd.'s (KOSDAQ:013810) Earnings Despite 36% Price Jump

The SPECO Ltd. (KOSDAQ:013810) share price has done very well over the last month, posting an excellent gain of 36...

Revenue & Expenses Breakdown

How SPECO makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

KOSDAQ:A013810 Revenue, expenses and earnings (KRW Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2636,8645066,796239
31 Dec 2537,965-946,691249
30 Sep 2533,962-8486,668251
30 Jun 2532,538-2536,896267
31 Mar 2532,818-2836,671267
31 Dec 2427,192-1,6536,758251
30 Sep 2423,515-2,0726,785312
30 Jun 2422,979-3,1238,193307
31 Mar 2419,954-2,5619,020316
31 Dec 2322,988-1,6569,856330
30 Sep 2327,5781,80510,468348
30 Jun 2328,7671,8919,530357
31 Mar 2327,0077158,956381
31 Dec 2231,0807568,534386
30 Sep 2230,174-5,6668,830512
30 Jun 2235,808-2,3268,213451
31 Mar 2249,1007567,702327
31 Dec 2154,3471,8337,310323
30 Sep 2160,8304,0156,807152
30 Jun 2166,2044,6566,353199
31 Mar 2177,3948,3916,861288
31 Dec 2078,7708,1157,009276
30 Sep 2086,3839,6076,577238
30 Jun 2086,3858,6467,224238
31 Mar 2078,3976,1876,760238
31 Dec 1974,7085,7466,601223
30 Sep 1972,0974,6465,983209
30 Jun 1964,2591,2526,002268
31 Mar 1954,909-2,7606,763330
31 Dec 1853,187-4,1617,842405
30 Sep 1842,096-5,7339,312462
30 Jun 1848,957-4,33111,152476
31 Mar 1857,879-2,40311,104479
31 Dec 1768,786-44310,676488
30 Sep 1780,6332,80012,188500
30 Jun 1779,0452,75511,240488
31 Mar 1781,4013,21711,352469
31 Dec 1684,3044,25412,162452
30 Sep 1684,9145,42510,975457
30 Jun 1693,2628,25010,622439
31 Mar 1699,2388,47411,132427
31 Dec 15101,3287,45311,724406
30 Sep 15102,0064,01012,886366

Quality Earnings: A013810 has high quality earnings.

Growing Profit Margin: A013810 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: A013810's earnings have declined by 44.1% per year over the past 5 years.

Accelerating Growth: A013810 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: A013810 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (30.1%).


Return on Equity

High ROE: A013810's Return on Equity (0.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/04 21:17
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SPECO Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Young Jun KimDAOL Investment & Securities Co., Ltd.
Hyun-Seok KimShinhan Investment Corp.