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GRITEE, Inc.KOSDAQ:A204020 Stock Report

Market Cap ₩43.8b
Share Price
₩2.27k
₩8.02k
71.8% undervalued intrinsic discount
1Y-16.4%
7D-0.9%
1D
Portfolio Value
View

GRITEE, Inc.

KOSDAQ:A204020 Stock Report

Market Cap: ₩43.8b

GRITEE (A204020) Stock Overview

Engages in the manufacture and sale of apparel in South Korea and China. More details

A204020 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends2/6

A204020 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

GRITEE, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for GRITEE
Historical stock prices
Current Share Price₩2,265.00
52 Week High₩4,670.00
52 Week Low₩1,863.00
Beta0.59
1 Month Change-3.82%
3 Month Change5.84%
1 Year Change-16.42%
3 Year Change-29.22%
5 Year Change-47.87%
Change since IPO-65.02%

Recent News & Updates

Analysis Article May 28

GRITEE's (KOSDAQ:204020) Problems Go Beyond Weak Profit

Investors weren't pleased with the recent soft earnings report from GRITEE, Inc. ( KOSDAQ:204020 ). We did some digging...
Analysis Article Nov 26

GRITEE's (KOSDAQ:204020) Anemic Earnings Might Be Worse Than You Think

GRITEE, Inc.'s ( KOSDAQ:204020 ) recent weak earnings report didn't cause a big stock movement. We think that investors...

Recent updates

Analysis Article May 28

GRITEE's (KOSDAQ:204020) Problems Go Beyond Weak Profit

Investors weren't pleased with the recent soft earnings report from GRITEE, Inc. ( KOSDAQ:204020 ). We did some digging...
Analysis Article Nov 26

GRITEE's (KOSDAQ:204020) Anemic Earnings Might Be Worse Than You Think

GRITEE, Inc.'s ( KOSDAQ:204020 ) recent weak earnings report didn't cause a big stock movement. We think that investors...
Analysis Article Aug 29

Earnings Working Against GRITEE, Inc.'s (KOSDAQ:204020) Share Price Following 27% Dive

GRITEE, Inc. ( KOSDAQ:204020 ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Aug 18

We Think GRITEE (KOSDAQ:204020) Can Stay On Top Of Its Debt

KOSDAQ:A204020 1 Year Share Price vs Fair Value Explore GRITEE's Fair Values from the Community and select yours Warren...
Analysis Article Jul 09

We Like These Underlying Return On Capital Trends At GRITEE (KOSDAQ:204020)

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article Jun 17

GRITEE, Inc.'s (KOSDAQ:204020) Share Price Boosted 53% But Its Business Prospects Need A Lift Too

GRITEE, Inc. ( KOSDAQ:204020 ) shareholders would be excited to see that the share price has had a great month, posting...
Analysis Article May 23

GRITEE's (KOSDAQ:204020) Solid Earnings May Rest On Weak Foundations

The recent earnings posted by GRITEE, Inc. ( KOSDAQ:204020 ) were solid, but the stock didn't move as much as we...
Analysis Article May 21

Shareholders Will Be Pleased With The Quality of GRITEE's (KOSDAQ:204020) Earnings

The subdued stock price reaction suggests that GRITEE, Inc.'s ( KOSDAQ:204020 ) strong earnings didn't offer any...
Analysis Article Mar 19

Is GRITEE, Inc.'s (KOSDAQ:204020) 1.0% Dividend Worth Your Time?

Today we'll take a closer look at GRITEE, Inc. ( KOSDAQ:204020 ) from a dividend investor's perspective. Owning a...
Analysis Article Feb 12

Returns On Capital At GRITEE (KOSDAQ:204020) Paint An Interesting Picture

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article Jan 20

Are GRITEE's (KOSDAQ:204020) Statutory Earnings A Good Reflection Of Its Earnings Potential?

It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
Analysis Article Dec 25

GRITEE, Inc. (KOSDAQ:204020) Stock Goes Ex-Dividend In Just Three Days

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Analysis Article Dec 16

GRITEE (KOSDAQ:204020) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 25

Is GRITEE, Inc. (KOSDAQ:204020) A Smart Pick For Income Investors?

Could GRITEE, Inc. (KOSDAQ:204020) be an attractive dividend share to own for the long haul? Investors are often drawn...

Shareholder Returns

A204020KR LuxuryKR Market
7D-0.9%-6.7%6.7%
1Y-16.4%3.0%195.0%

Return vs Industry: A204020 underperformed the KR Luxury industry which returned 3% over the past year.

Return vs Market: A204020 underperformed the KR Market which returned 195% over the past year.

Price Volatility

Is A204020's price volatile compared to industry and market?
A204020 volatility
A204020 Average Weekly Movement5.4%
Luxury Industry Average Movement7.1%
Market Average Movement9.5%
10% most volatile stocks in KR Market16.6%
10% least volatile stocks in KR Market4.9%

Stable Share Price: A204020 has not had significant price volatility in the past 3 months compared to the KR market.

Volatility Over Time: A204020's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999115YoungWoo Moonwww.gritees.com

GRITEE, Inc., together with its subsidiaries, engages in the manufacture and sale of apparel in South Korea and China. It also manufactures, wholesales, and retails underwear under the Wonderbra and Playtex brand names. The company was formerly known as MCorset, Inc. GRITEE, Inc. was founded in 1999 and is headquartered in Seoul, Korea.

GRITEE, Inc. Fundamentals Summary

How do GRITEE's earnings and revenue compare to its market cap?
A204020 fundamental statistics
Market cap₩43.77b
Earnings (TTM)₩3.31b
Revenue (TTM)₩199.09b
13.2x
P/E Ratio
0.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
A204020 income statement (TTM)
Revenue₩199.09b
Cost of Revenue₩74.96b
Gross Profit₩124.13b
Other Expenses₩120.81b
Earnings₩3.31b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)171.52
Gross Margin62.35%
Net Profit Margin1.66%
Debt/Equity Ratio52.1%

How did A204020 perform over the long term?

See historical performance and comparison

Dividends

4.9%
Current Dividend Yield
n/a
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/30 22:04
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

GRITEE, Inc. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sang-Hun LeeiM Securities
Dongguen KangYuanta Securities Korea Co., Ltd.