Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩1,169, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 9x in the Consumer Durables industry in South Korea. Total loss to shareholders of 59% over the past three years. New Risk • Apr 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 3.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (₩68.9b market cap, or US$45.7m). Announcement • Mar 17
Bubang Co., Ltd., Annual General Meeting, Mar 30, 2026 Bubang Co., Ltd., Annual General Meeting, Mar 30, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 1223, manghyang-ro, ipjang-myeon, chungcheongnam-do, cheonan South Korea New Risk • May 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩96.8b market cap, or US$68.2m). Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩1,937, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 10x in the Consumer Durables industry in South Korea. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩2,250, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 9x in the Consumer Durables industry in South Korea. Total loss to shareholders of 4.1% over the past three years. Announcement • Mar 14
Bubang Co., Ltd., Annual General Meeting, Mar 28, 2025 Bubang Co., Ltd., Annual General Meeting, Mar 28, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 1223, manghyang-ro, ipjang-myeon, chungcheongnam-do, cheonan South Korea New Risk • Dec 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₩93.1b market cap, or US$65.6m). Announcement • Nov 21
Glenwood Private Equity Co., Ltd. acquired Techcross Environmental Services Inc./Techcross Water & Energy Inc. from Bubang Co., Ltd. (KOSDAQ:A014470) for approximately KRW 260 billion. Glenwood Private Equity Co., Ltd. acquired Techcross Environmental Services Inc./Techcross Water & Energy Inc. from Bubang Co., Ltd. (KOSDAQ:A014470) for approximately KRW 260 billion on November 19, 2024.
Samjong KPMG Advisory Inc. acted as financial advisor for Bubang Co., Ltd.
Glenwood Private Equity Co., Ltd. completed the acquisition of Techcross Environmental Services Inc./Techcross Water & Energy Inc. from Bubang Co., Ltd. (KOSDAQ:A014470) on November 19, 2024. New Risk • Jan 25
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩132.3b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩132.3b market cap, or US$99.1m). Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩2,800, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 19x in the Consumer Durables industry in South Korea. Total returns to shareholders of 2.0% over the past three years. New Risk • Nov 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South Korean stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₩3,830, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 17x in the Consumer Durables industry in South Korea. Total returns to shareholders of 42% over the past three years. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩2,670, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 15x in the Consumer Durables industry in South Korea. Total returns to shareholders of 25% over the past three years. New Risk • Jun 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩130.4b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Market cap is less than US$100m (₩130.4b market cap, or US$98.7m). Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩2,905, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 14x in the Consumer Durables industry in South Korea. Total returns to shareholders of 29% over the past three years. Board Change • Nov 16
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. 6 experienced directors. No highly experienced 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: Insufficient board refreshment. Board Change • Apr 27
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. 6 experienced directors. No highly experienced 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: Insufficient board refreshment. Is New 90 Day High Low • Feb 24
New 90-day low: ₩2,340 The company is down 8.0% from its price of ₩2,540 on 26 November 2020. The South Korean market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 17% over the same period. Is New 90 Day High Low • Feb 05
New 90-day low: ₩2,475 The company is down 2.0% from its price of ₩2,535 on 06 November 2020. The South Korean market is up 26% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: ₩2,845 The company is up 25% from its price of ₩2,285 on 16 September 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 20% over the same period. Is New 90 Day High Low • Nov 12
New 90-day high: ₩2,820 The company is up 29% from its price of ₩2,185 on 14 August 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 06
New 90-day high: ₩2,690 The company is up 28% from its price of ₩2,095 on 08 July 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is down 1.0% over the same period.