Shin Heung Energy & ElectronicsLtd (KOSDAQ:A243840) - Share price, News & Analysis

A243840 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	5/6
Past Performance	3/6
Financial Health	5/6
Dividends	1/6

A243840 Stock Overview

Shin Heung Energy & Electronics Co.,Ltd. produces and sells lithium ion and polymer battery parts worldwide.

Rewards

Earnings are forecast to grow 28.02% per year

Earnings have grown 37.5% per year over the past 5 years

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

Shin Heung Energy & ElectronicsLtd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Shin Heung Energy & ElectronicsLtd
Historical stock prices
Current Share Price	₩63,700.00
52 Week High	₩95,000.00
52 Week Low	₩47,600.00
Beta	0.79
1 Month Change	-1.09%
3 Month Change	16.88%
1 Year Change	29.34%
3 Year Change	107.15%
5 Year Change	n/a
Change since IPO	205.52%

Shareholder Returns

	A243840	KR Electrical	KR Market
7D	6.2%	3.1%	-0.2%
1Y	29.3%	27.7%	-15.5%

Return vs Industry: A243840 matched the KR Electrical industry which returned 28.6% over the past year.

Return vs Market: A243840 exceeded the KR Market which returned -14.6% over the past year.

Price Volatility

Is A243840's price volatile compared to industry and market?
A243840 volatility
A243840 Average Weekly Movement	7.5%
Electrical Industry Average Movement	6.3%
Market Average Movement	5.6%
10% most volatile stocks in KR Market	10.4%
10% least volatile stocks in KR Market	3.2%

Stable Share Price: A243840 is more volatile than 75% of KR stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: A243840's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of KR stocks.

About the Company

Founded	Employees	CEO	Website
1979	1,477	n/a	https://www.shsec.co.kr

Shin Heung Energy & Electronics Co.,Ltd. produces and sells lithium ion and polymer battery parts worldwide. The company provides small battery parts, such as cap assemblies, current interrupt devices, and strip terminals for cylindrical/prismatic/polymer batteries used in mobile phones, tablets, power tools, electric bicycles, electric vehicles, etc.; and large battery parts, including cap assemblies and cans for medium/large-size prismatic batteries used in electric vehicles and energy storage systems.

Shin Heung Energy & ElectronicsLtd Fundamentals Summary

How do Shin Heung Energy & ElectronicsLtd's earnings and revenue compare to its market cap?
A243840 fundamental statistics
Market Cap	₩494.52b
Earnings (TTM)	₩26.66b
Revenue (TTM)	₩366.25b

18.5x

P/E Ratio

1.4x

P/S Ratio

Is A243840 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
A243840 income statement (TTM)
Revenue	₩366.25b
Cost of Revenue	₩302.28b
Gross Profit	₩63.97b
Other Expenses	₩37.31b
Earnings	₩26.66b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	3.43k
Gross Margin	17.47%
Net Profit Margin	7.28%
Debt/Equity Ratio	61.2%

How did A243840 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

8%

Payout Ratio

Valuation

Is Shin Heung Energy & ElectronicsLtd undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

18.55x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: A243840 (₩63700) is trading above our estimate of fair value (₩15626.3)

Significantly Below Fair Value: A243840 is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: A243840 is poor value based on its PE Ratio (18.5x) compared to the KR Electrical industry average (17x).

PE vs Market: A243840 is poor value based on its PE Ratio (18.5x) compared to the KR market (14.4x).

Price to Earnings Growth Ratio

PEG Ratio: A243840 is good value based on its PEG Ratio (0.7x)

Price to Book Ratio

PB vs Industry: A243840 is overvalued based on its PB Ratio (1.7x) compared to the KR Electrical industry average (1.6x).

Future Growth

How is Shin Heung Energy & ElectronicsLtd forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

5/6

Future Growth Score 5/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

28.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A243840's forecast earnings growth (28% per year) is above the savings rate (3.5%).

Earnings vs Market: A243840's earnings (28% per year) are forecast to grow faster than the KR market (14.8% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A243840's revenue (22.7% per year) is forecast to grow faster than the KR market (9.6% per year).

High Growth Revenue: A243840's revenue (22.7% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A243840's Return on Equity is forecast to be low in 3 years time (15.9%).

Past Performance

How has Shin Heung Energy & ElectronicsLtd performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

37.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: A243840 has a high level of non-cash earnings.

Growing Profit Margin: A243840's current net profit margins (7.3%) are higher than last year (6.5%).

Past Earnings Growth Analysis

Earnings Trend: A243840's earnings have grown significantly by 37.5% per year over the past 5 years.

Accelerating Growth: A243840's earnings growth over the past year (45.6%) exceeds its 5-year average (37.5% per year).

Earnings vs Industry: A243840 earnings growth over the past year (45.6%) underperformed the Electrical industry 56.7%.

Return on Equity

High ROE: A243840's Return on Equity (9.2%) is considered low.

Financial Health

How is Shin Heung Energy & ElectronicsLtd's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: A243840's short term assets (₩225.1B) exceed its short term liabilities (₩184.3B).

Long Term Liabilities: A243840's short term assets (₩225.1B) exceed its long term liabilities (₩66.9B).

Debt to Equity History and Analysis

Debt Level: A243840's net debt to equity ratio (27.1%) is considered satisfactory.

Reducing Debt: A243840's debt to equity ratio has reduced from 73% to 61.2% over the past 5 years.

Debt Coverage: A243840's debt is not well covered by operating cash flow (19.2%).

Interest Coverage: A243840's interest payments on its debt are well covered by EBIT (8.3x coverage).

Balance Sheet

Dividend

What is Shin Heung Energy & ElectronicsLtd current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.52%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: A243840's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the KR market (0.84%).

High Dividend: A243840's dividend (0.52%) is low compared to the top 25% of dividend payers in the KR market (2.75%).

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, A243840 has been paying a dividend for less than 10 years.

Growing Dividend: A243840's dividend payments have increased, but the company has only paid a dividend for 3 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.5%), A243840's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: A243840 is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

CEO

Shin Heung Energy & ElectronicsLtd has no CEO, or we have no data on them.

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.6%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/19 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31