Announcement • May 01
BGF Co., Ltd. to Report Q1, 2026 Results on May 07, 2026 BGF Co., Ltd. announced that they will report Q1, 2026 results at 3:00 PM, Korea Standard Time on May 07, 2026 Reported Earnings • Mar 18
Full year 2025 earnings released: EPS: ₩618 (vs ₩637 in FY 2024) Full year 2025 results: EPS: ₩618 (down from ₩637 in FY 2024). Revenue: ₩469.5b (up 8.2% from FY 2024). Net income: ₩59.1b (down 3.0% from FY 2024). Profit margin: 13% (down from 14% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 35% decline forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Feb 27
BGF Co., Ltd., Annual General Meeting, Mar 26, 2026 BGF Co., Ltd., Annual General Meeting, Mar 26, 2026, at 10:00 Tokyo Standard Time. Location: auditorium, 405, teheran-ro, gangnam-gu, seoul South Korea Announcement • Feb 12
BGF Co., Ltd. announces Annual dividend, payable on April 10, 2026 BGF Co., Ltd. announced Annual dividend of KRW 130.0000 per share payable on April 10, 2026, ex-date on February 26, 2026 and record date on February 28, 2026. Announcement • Feb 04
BGF Co., Ltd. to Report Fiscal Year 2025 Results on Feb 10, 2026 BGF Co., Ltd. announced that they will report fiscal year 2025 results on Feb 10, 2026 Reported Earnings • Nov 20
Third quarter 2025 earnings released: EPS: ₩273 (vs ₩260 in 3Q 2024) Third quarter 2025 results: EPS: ₩273 (up from ₩260 in 3Q 2024). Revenue: ₩128.5b (up 16% from 3Q 2024). Net income: ₩26.1b (up 4.9% from 3Q 2024). Profit margin: 20% (down from 22% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year. Announcement • Oct 31
BGF Co., Ltd. to Report Q3, 2025 Results on Nov 06, 2025 BGF Co., Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025 Reported Earnings • Aug 20
Second quarter 2025 earnings released: EPS: ₩156 (vs ₩169 in 2Q 2024) Second quarter 2025 results: EPS: ₩156 (down from ₩169 in 2Q 2024). Revenue: ₩123.0b (up 8.4% from 2Q 2024). Net income: ₩14.9b (down 7.9% from 2Q 2024). Profit margin: 12% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 7.5% decline forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 1% per year. Announcement • Aug 01
BGF Co., Ltd. to Report First Half, 2025 Results on Aug 07, 2025 BGF Co., Ltd. announced that they will report first half, 2025 results on Aug 07, 2025 Announcement • May 01
BGF Co., Ltd. to Report Q1, 2025 Results on May 08, 2025 BGF Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025 Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: ₩637 (vs ₩726 in FY 2023) Full year 2024 results: EPS: ₩637 (down from ₩726 in FY 2023). Revenue: ₩434.1b (up 22% from FY 2023). Net income: ₩61.0b (down 12% from FY 2023). Profit margin: 14% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 5.8% decline forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Announcement • Mar 07
BGF Co., Ltd., Annual General Meeting, Mar 26, 2025 BGF Co., Ltd., Annual General Meeting, Mar 26, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 405, teheran-ro, gangnam-gu, seoul South Korea Announcement • Mar 01
BGF Co., Ltd. announces Annual dividend, payable on February 28, 2025 BGF Co., Ltd. announced Annual dividend of KRW 130.0000 per share payable on February 28, 2025, ex-date on February 27, 2025 Announcement • Feb 05
BGF Co., Ltd. to Report Fiscal Year 2024 Results on Feb 11, 2025 BGF Co., Ltd. announced that they will report fiscal year 2024 results on Feb 11, 2025 Announcement • Jul 25
BGF Co., Ltd. to Report First Half, 2024 Results on Aug 01, 2024 BGF Co., Ltd. announced that they will report first half, 2024 results on Aug 01, 2024 Announcement • Jun 15
BGF retail CO., LTD. (KOSE:A282330) agreed to acquire BGFnetworks Corporation from BGF Co., Ltd. (KOSE:A027410) for KRW 72.3 billion. BGF retail CO., LTD. (KOSE:A282330) agreed to acquire BGFnetworks Corporation from BGF Co., Ltd. (KOSE:A027410) for KRW 72.3 billion on June 13, 2024. For the period ending December 31, 2023, BGFnetworks Corporation reported total revenue of KRW 87.06 billion and net income of KRW 8.41 billion. As of December 31, 2023, BGFnetworks Corporation reported total debt of KRW 47.44 billion, total assets of KRW 88.02 billion and total common equity of KRW 40.58 billion. The expected completion of the transaction is July 1, 2024. Announcement • Apr 27
BGF Co., Ltd. to Report Q1, 2024 Results on May 02, 2024 BGF Co., Ltd. announced that they will report Q1, 2024 results on May 02, 2024 Board Change • Apr 01
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. 7 experienced directors. 1 highly experienced director. Inside Director and Head of Sales & Development Division Ki-Sung Ahn was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: ₩813 (vs ₩414 in FY 2022) Full year 2023 results: EPS: ₩813 (up from ₩414 in FY 2022). Revenue: ₩443.2b (up 1.9% from FY 2022). Net income: ₩77.8b (up 97% from FY 2022). Profit margin: 18% (up from 9.1% in FY 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Industrials industry in South Korea. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Feb 01
BGF Co., Ltd. to Report Fiscal Year 2023 Results on Feb 07, 2024 BGF Co., Ltd. announced that they will report fiscal year 2023 results on Feb 07, 2024 Upcoming Dividend • Dec 20
Upcoming dividend of ₩110 per share at 2.8% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 15 April 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (3.0%). Announcement • Oct 27
BGF Co., Ltd. to Report Nine Months, 2023 Results on Nov 02, 2023 BGF Co., Ltd. announced that they will report nine months, 2023 results on Nov 02, 2023 Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: ₩414 (vs ₩126 in FY 2021) Full year 2022 results: EPS: ₩414. Revenue: ₩435.0b (up 190% from FY 2021). Net income: ₩39.5b (down 42% from FY 2021). Profit margin: 9.1% (down from 45% in FY 2021). Upcoming Dividend • Dec 21
Upcoming dividend of ₩110 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 2.6%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (3.9%). Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment improved over the past week After last week's 17% share price gain to ₩4,365, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 8x in the Industrials industry in South Korea. Total loss to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩3,295, the stock trades at a trailing P/E ratio of 5.9x. Average forward P/E is 6x in the Industrials industry in South Korea. Total loss to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩4,405, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 6x in the Industrials industry in South Korea. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩2,698 per share. Price Target Changed • Apr 27
Price target increased to ₩11,250 Up from ₩10,200, the current price target is an average from 2 analysts. New target price is 103% above last closing price of ₩5,540. Stock is down 21% over the past year. The company is forecast to post earnings per share of ₩181 for next year compared to ₩424 last year. Upcoming Dividend • Dec 22
Upcoming dividend of ₩110 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 14 April 2022. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (2.8%). Price Target Changed • Dec 22
Price target increased to ₩11,250 Up from ₩10,200, the current price target is an average from 2 analysts. New target price is 110% above last closing price of ₩5,350. Stock is up 10% over the past year. The company is forecast to post earnings per share of ₩481 for next year compared to ₩221 last year. Valuation Update With 7 Day Price Move • Nov 30
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩4,910, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 8x in the Industrials industry in South Korea. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 18% share price gain to ₩7,270, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 10x in the Industrials industry in South Korea. Total loss to shareholders of 41% over the past three years. Announcement • Mar 05
BGF Co., Ltd., Annual General Meeting, Mar 25, 2021 BGF Co., Ltd., Annual General Meeting, Mar 25, 2021, at 10:00 Korea Standard Time. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improved over the past week After last week's 39% share price gain to ₩6,950, the stock is trading at a trailing P/E ratio of 26.2x, up from the previous P/E ratio of 18.9x. This compares to an average P/E of 19x in the Industrials industry in South Korea. Total return to shareholders over the past three years is a loss of 52%. Is New 90 Day High Low • Jan 22
New 90-day high: ₩5,220 The company is up 24% from its price of ₩4,225 on 23 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Industrials industry, which is up 50% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩110 Per Share Will be paid on the 14th of April to those who are registered shareholders by the 29th of December. The trailing yield of 2.3% is below the top quartile of South Korean dividend payers (2.6%), but is in line with industry peers (2.4%). Is New 90 Day High Low • Dec 11
New 90-day high: ₩4,800 The company is up 17% from its price of ₩4,100 on 11 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 7.0% over the same period. Is New 90 Day High Low • Nov 10
New 90-day high: ₩4,480 The company is up 3.0% from its price of ₩4,330 on 12 August 2020. The South Korean market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is down 8.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day low: ₩4,060 The company is down 4.0% from its price of ₩4,235 on 24 June 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Industrials industry, which is down 10.0% over the same period. Announcement • Aug 31
BGF Co., Ltd. to Report First Half, 2020 Results on Aug 06, 2020 BGF Co., Ltd. announced that they will report first half, 2020 results on Aug 06, 2020 
