Tae Kwang Corporation

KOSDAQ:A023160 Stock Report

Market Cap: ₩462.5b

Tae Kwang Past Earnings Performance

Past criteria checks 2/6

Tae Kwang has been growing earnings at an average annual rate of 49.6%, while the Machinery industry saw earnings growing at 17.8% annually. Revenues have been growing at an average rate of 12.1% per year. Tae Kwang's return on equity is 7%, and it has net margins of 14.8%.

Key information

49.6%

Earnings growth rate

49.6%

EPS growth rate

Machinery Industry Growth18.9%
Revenue growth rate12.1%
Return on equity7.0%
Net Margin14.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Optimistic Investors Push Tae Kwang Corporation (KOSDAQ:023160) Shares Up 28% But Growth Is Lacking

Dec 15
Optimistic Investors Push Tae Kwang Corporation (KOSDAQ:023160) Shares Up 28% But Growth Is Lacking

Earnings Troubles May Signal Larger Issues for Tae Kwang (KOSDAQ:023160) Shareholders

Nov 21
Earnings Troubles May Signal Larger Issues for Tae Kwang (KOSDAQ:023160) Shareholders

Investors Aren't Buying Tae Kwang Corporation's (KOSDAQ:023160) Earnings

Oct 25
Investors Aren't Buying Tae Kwang Corporation's (KOSDAQ:023160) Earnings

Tae Kwang Corporation's (KOSDAQ:023160) Intrinsic Value Is Potentially 80% Above Its Share Price

Sep 06
Tae Kwang Corporation's (KOSDAQ:023160) Intrinsic Value Is Potentially 80% Above Its Share Price

Should You Be Adding Tae Kwang (KOSDAQ:023160) To Your Watchlist Today?

Aug 05
Should You Be Adding Tae Kwang (KOSDAQ:023160) To Your Watchlist Today?

Tae Kwang Corporation (KOSDAQ:023160) Surges 33% Yet Its Low P/E Is No Reason For Excitement

Jul 17
Tae Kwang Corporation (KOSDAQ:023160) Surges 33% Yet Its Low P/E Is No Reason For Excitement

Tae Kwang (KOSDAQ:023160) Shareholders Will Want The ROCE Trajectory To Continue

Jul 16
Tae Kwang (KOSDAQ:023160) Shareholders Will Want The ROCE Trajectory To Continue

Does Tae Kwang (KOSDAQ:023160) Deserve A Spot On Your Watchlist?

Apr 24
Does Tae Kwang (KOSDAQ:023160) Deserve A Spot On Your Watchlist?

Additional Considerations Required While Assessing Tae Kwang's (KOSDAQ:023160) Strong Earnings

Mar 31
Additional Considerations Required While Assessing Tae Kwang's (KOSDAQ:023160) Strong Earnings

Investors Will Want Tae Kwang's (KOSDAQ:023160) Growth In ROCE To Persist

Mar 07
Investors Will Want Tae Kwang's (KOSDAQ:023160) Growth In ROCE To Persist

Tae Kwang (KOSDAQ:023160) Has Debt But No Earnings; Should You Worry?

May 05
Tae Kwang (KOSDAQ:023160) Has Debt But No Earnings; Should You Worry?

Is Tae Kwang Corporation (KOSDAQ:023160) A Good Fit For Your Dividend Portfolio?

Apr 08
Is Tae Kwang Corporation (KOSDAQ:023160) A Good Fit For Your Dividend Portfolio?

Is Tae Kwang (KOSDAQ:023160) Set To Make A Turnaround?

Mar 13
Is Tae Kwang (KOSDAQ:023160) Set To Make A Turnaround?

Tae Kwang's (KOSDAQ:023160) Stock Price Has Reduced 47% In The Past Three Years

Feb 15
Tae Kwang's (KOSDAQ:023160) Stock Price Has Reduced 47% In The Past Three Years

What Kind Of Shareholders Hold The Majority In Tae Kwang Corporation's (KOSDAQ:023160) Shares?

Jan 19
What Kind Of Shareholders Hold The Majority In Tae Kwang Corporation's (KOSDAQ:023160) Shares?

Do These 3 Checks Before Buying Tae Kwang Corporation (KOSDAQ:023160) For Its Upcoming Dividend

Dec 24
Do These 3 Checks Before Buying Tae Kwang Corporation (KOSDAQ:023160) For Its Upcoming Dividend

Is It Too Late To Consider Buying Tae Kwang Corporation (KOSDAQ:023160)?

Dec 06
Is It Too Late To Consider Buying Tae Kwang Corporation (KOSDAQ:023160)?

Revenue & Expenses Breakdown

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


Earnings and Revenue History

KOSDAQ:A023160 Revenue, expenses and earnings (KRW Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24271,99740,35729,0330
30 Jun 24284,83444,90729,2060
31 Mar 24301,52051,88028,1000
31 Dec 23312,06755,07628,9530
30 Sep 23316,98155,21927,2640
30 Jun 23310,32652,42429,5530
31 Mar 23284,59147,47227,8750
31 Dec 22249,74335,77126,1271
30 Sep 22219,37231,38324,960-1
30 Jun 22200,68529,47222,353-1
31 Mar 22191,40619,55521,1473
31 Dec 21185,14815,21820,53661
30 Sep 21179,1494,61722,103171
30 Jun 21174,268-1,82219,417274
31 Mar 21186,948-3,77421,162357
31 Dec 20188,404-5,01820,853395
30 Sep 20204,780-1,09620,354417
30 Jun 20208,3542,09520,840314
31 Mar 20197,2165,62518,386431
31 Dec 19189,7547,43518,164426
30 Sep 19175,98111,99617,601425
30 Jun 19165,7929,33117,555425
31 Mar 19157,50410,92317,557403
31 Dec 18158,64810,05817,616398
30 Sep 18161,6985,86817,100384
30 Jun 18163,255-6,30316,900477
31 Dec 17184,151-16,22618,979365

Quality Earnings: A023160 has high quality earnings.

Growing Profit Margin: A023160's current net profit margins (14.8%) are lower than last year (17.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: A023160's earnings have grown significantly by 49.6% per year over the past 5 years.

Accelerating Growth: A023160's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: A023160 had negative earnings growth (-26.9%) over the past year, making it difficult to compare to the Machinery industry average (-1.8%).


Return on Equity

High ROE: A023160's Return on Equity (7%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 23:20
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Tae Kwang Corporation is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jinmyung ChoiCape Investment & Securities Co., Ltd.
Yongmin KimCGS International
Sanjeev RanaCLSA