Board Change • Jun 01
Less than half of directors are independent 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. 2 independent directors (3 non-independent 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: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 17
NK Co., Ltd., Annual General Meeting, Mar 31, 2026 NK Co., Ltd., Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 194-11, gwahaksandan-ro, gangseo-gu, busan South Korea New Risk • Feb 26
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (₩75.9b market cap, or US$53.2m). Upcoming Dividend • Dec 22
Upcoming dividend of ₩10.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 April 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of South Korean dividend payers (3.6%). Lower than average of industry peers (1.0%). Declared Dividend • Nov 08
Dividend of ₩10.00 announced Dividend of ₩10.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 24th April 2026 Dividend yield will be 0.8%, which is lower than the industry average of 2.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Announcement • Nov 07
NK Co., Ltd. announces Annual dividend, payable on April 24, 2026 NK Co., Ltd. announced Annual dividend of KRW 10.0000 per share payable on April 24, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Reported Earnings • Aug 20
Second quarter 2025 earnings released: ₩35.00 loss per share (vs ₩47.00 loss in 2Q 2024) Second quarter 2025 results: ₩35.00 loss per share (improved from ₩47.00 loss in 2Q 2024). Revenue: ₩28.6b (up 12% from 2Q 2024). Net loss: ₩2.66b (loss narrowed 28% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • May 16
NK Co., Ltd. (KOSE:A085310) agreed to acquire 95.77% stake in Nktech Co.,Ltd. from Park Yoon So for KRW 26.5 billion. NK Co., Ltd. (KOSE:A085310) agreed to acquire 95.77% stake in Nktech Co.,Ltd. from Park Yoon So for KRW 26.5 billion on May 15, 2025. A cash consideration of KRW 26.51 billion will be paid by NK Co., Ltd. As part of consideration, KRW 26.51 billion is paid towards common equity of Nktech Co.,Ltd. The transaction will be financed from cash in hand. Reported Earnings • Mar 25
Full year 2024 earnings released: ₩11.00 loss per share (vs ₩754 profit in FY 2023) Full year 2024 results: ₩11.00 loss per share (down from ₩754 profit in FY 2023). Revenue: ₩110.9b (up 21% from FY 2023). Net loss: ₩874.6m (down 101% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Dec 20
NK Co., Ltd. (KOSE:A085310) announces an Equity Buyback for KRW 3,000 million worth of its shares. NK Co., Ltd. (KOSE:A085310) announces a share repurchase program. Under the program, the company will repurchase up to KRW 3,000 million worth of it's shares, pursuant contract with Korea Investment & Securities Co., Ltd. The purpose of the program is to increase Shareholder Value and stock price stabilization. The program will expire on June 19, 2025. As of December 19, 2024, the company had 1,103,030 shares within scope available for dividend and had 0 shares in treasury through other repurchase. Reported Earnings • Mar 23
Full year 2023 earnings released: EPS: ₩754 (vs ₩136 in FY 2022) Full year 2023 results: EPS: ₩754 (up from ₩136 in FY 2022). Revenue: ₩91.5b (up 19% from FY 2022). Net income: ₩59.4b (up 455% from FY 2022). Profit margin: 65% (up from 14% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent 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. 2 independent directors (3 non-independent 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩819, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 17x in the Machinery industry in South Korea. Total loss to shareholders of 41% over the past three years. Reported Earnings • May 22
First quarter 2022 earnings: EPS misses analyst expectations First quarter 2022 results: ₩13.00 loss per share (down from ₩4.00 loss in 1Q 2021). Revenue: ₩15.5b (up 2.3% from 1Q 2021). Net loss: ₩1.01b (loss widened 196% from 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent 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. 2 independent directors (3 non-independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 28
Full year 2020 earnings released: ₩47.00 loss per share (vs ₩305 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: ₩69.4b (down 5.9% from FY 2019). Net loss: ₩5.32b (loss narrowed 78% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Announcement • Feb 27
NK Co., Ltd., Annual General Meeting, Mar 30, 2021 NK Co., Ltd., Annual General Meeting, Mar 30, 2021, at 10:00 Korea Standard Time. Is New 90 Day High Low • Jan 14
New 90-day high: ₩1,390 The company is up 28% from its price of ₩1,085 on 16 October 2020. The South Korean market is up 31% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Machinery industry, which is up 23% over the same period. Announcement • Jul 23
CPC Co., Ltd. entered into an agreement to acquire NK Aether Co., Ltd from NK Co., Ltd. (KOSE:A085310) for KRW 44 billion. CPC Co., Ltd. entered into an agreement to acquire NK Aether Co., Ltd from NK Co., Ltd. (KOSE:A085310) for KRW 44 billion on July 21, 2020. As reported, CPC Co., Ltd. will acquire 0.5 million shares in NK Aether Co., Ltd The full cash payment will be made at the closing date. NK Aether Co., Ltd reported total assets of KRW 45.6 billion and total capital of KRW 43.6 billion as at June 30, 2020. The Board of Directors of NK Co., Ltd. resolved the transaction on July 21, 2020. The closing date of the transaction will be 5 business days from the date on which all of the prerequisites for closing the transaction are met. The transfer will take place on July 31, 2020. 
