New Risk • May 30
New major risk - Revenue and earnings growth Earnings have declined by 58% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (₩116.6b market cap, or US$77.3m). New Risk • May 20
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 14% 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 (14% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₩98.2b market cap, or US$65.2m). Announcement • Mar 06
Hansung Cleantech Co., Ltd., Annual General Meeting, Mar 26, 2026 Hansung Cleantech Co., Ltd., Annual General Meeting, Mar 26, 2026, at 11:00 Tokyo Standard Time. Location: seminar room, 70, dusan-ro, geumcheon-gu, seoul South Korea New Risk • Nov 06
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 10% 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: Major Risk Earnings have declined by 75% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₩76.1b market cap, or US$52.6m). New Risk • May 07
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 11% 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: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩79.8b market cap, or US$57.3m). Reported Earnings • Mar 22
Full year 2024 earnings released: ₩1,532 loss per share (vs ₩18.00 profit in FY 2023) Full year 2024 results: ₩1,532 loss per share (down from ₩18.00 profit in FY 2023). Revenue: ₩183.4b (down 50% from FY 2023). Net loss: ₩78.3b (down ₩79.2b from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Announcement • Mar 05
Hansung Cleantech Co., Ltd., Annual General Meeting, Mar 26, 2025 Hansung Cleantech Co., Ltd., Annual General Meeting, Mar 26, 2025, at 11:00 Tokyo Standard Time. Location: seminar room, 70, dusan-ro, geumcheon-gu, seoul South Korea Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩1,728, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 70% over the past three years. New Risk • Jun 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩3,005, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 23x in the Semiconductor industry in South Korea. Total loss to shareholders of 53% over the past three years. New Risk • Apr 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩133.6b (US$97.7m) 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 Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩133.6b market cap, or US$97.7m). New Risk • Jan 17
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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 29% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (₩104.6b market cap, or US$77.7m). New Risk • Nov 03
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 8.9% 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: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Market cap is less than US$100m (₩91.5b market cap, or US$69.4m). New Risk • Jul 28
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 8.2% 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: Major Risk Earnings have declined by 23% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Announcement • May 06
E& Corporation CO., LTD. announced that it has received KRW 5 billion in funding from Swanicoco Co., Ltd. On May 4, 2023, E& Corporation CO., LTD. closed the transaction. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩2,770, the stock trades at a trailing P/E ratio of 78x. Average trailing P/E is 10x in the Semiconductor industry in South Korea. Total returns to shareholders of 26% over the past three years. 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. 7 experienced directors. No highly experienced directors. 2 independent directors (5 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. 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. 7 experienced directors. No highly experienced directors. 2 independent directors (5 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 • Nov 18
Investor sentiment improved over the past week After last week's 20% share price gain to ₩5,100, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 19% share price gain to ₩5,000, the stock trades at a trailing P/E ratio of 33.8x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩4,095, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment deteriorated over the past week After last week's 55% share price decline to ₩5,110, the stock trades at a trailing P/E ratio of 4.8x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total loss to shareholders of 47% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 15% share price gain to ₩12,500, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 22x in the Semiconductor industry in South Korea. Total returns to shareholders of 5.5% over the past three years. Announcement • Apr 30
E& Corporation CO., LTD. announced that it has received KRW 11 billion in funding from Kiwoom Securities Co., Ltd., NH Investment & Securities Co., Ltd. On April 29, 2021, E& Corporation CO., LTD. (KOSDAQ:A066980) closed the transaction. Announcement • Apr 28
E& Corporation CO., LTD. announced that it expects to receive KRW 11 billion in funding from Kiwoom Securities Co., Ltd., NH Investment & Securities Co., Ltd. rain Contents CO., LTD. (KOSDAQ:A066980) announced that it will issue series 29 Non-guaranteed Private convertible exchangeable bonds for gross proceeds of KRW 11,000,000,000 on April 27, 2021. The bonds do not carry any coupon and have yield to maturity of 0%. The bonds will mature on April 29, 2026. The bonds are fully convertible into 2,972,972 shares representing 6.10% stake at a fixed conversion price of KRW 3,700 each starting from April 30, 2021 and end on March 29, 2026. The subscription date and expected payment date is on April 29, 2021. The transaction has been approved by the board of directors of the company. The transaction included participation from Kiwoom Securities Co., Ltd. (KOSE:A039490) for KRW 9,000,000,000 and NH Investment & Securities Co., Ltd. (KOSE:A005940) for KRW 2,000,000,000. The securities issued are subjected to one year hold period, Announcement • Mar 21
E& Corporation CO., LTD. (KOSDAQ:A066980) completed the acquisition of Hansung Cleantech Co., Ltd. from WHITE WHALE Private Equity Fund II managed by WWG ASSET MANAGEMENT Co., Ltd. and others. E& Corporation CO., LTD. (KOSDAQ:A066980) agreed to acquire Hansung Cleantech Co., Ltd. from WHITE WHALE Private Equity Fund II managed by WWG ASSET MANAGEMENT Co., Ltd. and others for KRW 43 billion on March 4, 2021. As reported, E& Corporation CO. will acquire 500,000 shares in Hansung Cleantech Co., Ltd. for cash payment. A down payment of KRW 4.3 billion will be made on March 4, 2021 and the balance payment of KRW 38.7 billion will be made on March 19, 2021. The acquisition will be self-funded by E& Corporation. The Board of Directors of E& Corporation resolved the transaction on March 4, 2021. The scheduled date of transfer is March 19, 2021.
E& Corporation CO., LTD. (KOSDAQ:A066980) completed the acquisition of Hansung Cleantech Co., Ltd. from WHITE WHALE Private Equity Fund II managed by WWG ASSET MANAGEMENT Co., Ltd. and others on March 19, 2021. Is New 90 Day High Low • Mar 15
New 90-day high: ₩13,800 The company is up 127% from a price of ₩6,070 on 15 December 2020. Outperformed the South Korean market which is up 9.0% over the last 90 days. Exceeded the Semiconductor industry, which is up 17% over the same period. Is New 90 Day High Low • Mar 10
New 90-day high: ₩13,800 The company is up 137% from its price of ₩5,820 on 10 December 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 11% over the same period. Announcement • Mar 05
E& Corporation CO., LTD. (KOSDAQ:A066980) agreed to acquire Hansung Cleantech Co., Ltd. from WHITE WHALE Private Equity Fund II managed by WWG ASSET MANAGEMENT Co., Ltd. and others for KRW 43 billion. E& Corporation CO., LTD. (KOSDAQ:A066980) agreed to acquire Hansung Cleantech Co., Ltd. from WHITE WHALE Private Equity Fund II managed by WWG ASSET MANAGEMENT Co., Ltd. and others for KRW 43 billion on March 4, 2021. As reported, E& Corporation CO. will acquire 500,000 shares in Hansung Cleantech Co., Ltd. for cash payment. A down payment of KRW 4.3 billion will be made on March 4, 2021 and the balance payment of KRW 38.7 billion will be made on March 19, 2021. The acquisition will be self-funded by E& Corporation. The Board of Directors of E& Corporation resolved the transaction on March 4, 2021. The scheduled date of transfer is March 19, 2021.. Is New 90 Day High Low • Mar 05
New 90-day high: ₩13,800 The company is up 165% from its price of ₩5,200 on 04 December 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 Semiconductor industry, which is up 20% over the same period. Is New 90 Day High Low • Feb 18
New 90-day high: ₩1,240 The company is up 140% from its price of ₩516 on 20 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 30% over the same period. Announcement • Feb 09
Brain Contents CO., LTD. announced that it has received KRW 39.5 billion in funding from WIZIT Co., Ltd., Eyesvision Corp., T Scientific Co., Ltd., Powernet Technologies Corporation, JSI Company Co., Ltd., and another investor On February 8, 2021, Brain Contents CO., LTD. (KOSDAQ:A066980) closed the transaction. The company issued series 27 and series 28 bonds for gross proceeds of KRW 30,000,000,000 in its second tranche closing, bringing the total gross proceeds raised in the transaction to KRW 39,500,000,000. Is New 90 Day High Low • Jan 28
New 90-day high: ₩1,095 The company is up 129% from its price of ₩478 on 30 October 2020. The South Korean market is up 32% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 48% over the same period. Is New 90 Day High Low • Jan 12
New 90-day high: ₩1,015 The company is up 98% from its price of ₩512 on 14 October 2020. The South Korean market is up 28% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 37% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: ₩748 The company is up 47% from its price of ₩510 on 29 September 2020. The South Korean market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 30% over the same period. Announcement • Dec 11
Brain Contents CO., LTD. announced that it expects to receive KRW 15 billion in funding Brain Contents CO., LTD. (KOSDAQ:A066980) announced that it will issue series 27 Non-guaranteed Private convertible bonds for gross proceeds of KRW 15,000,000,000 on December 9, 2020. The transaction will involve participation from J Asset 1 Association. The bonds do not carry any coupon and have yield to maturity of 2%. The bonds will mature on February 08, 2026. The bonds will be issued at par. The bonds are redeemable. The series 27 bonds are fully convertible into 27,322,404 shares representing 17.25% stake at a fixed conversion price of KRW 549 each starting from February 08, 2022 till January 08, 2026. The subscription date is December 09, 2020 and expected payment date is February 08, 2021. The transaction has been approved by the board of directors of the company. Is New 90 Day High Low • Dec 09
New 90-day high: ₩573 The company is up 8.0% from its price of ₩529 on 10 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 30% over the same period. Is New 90 Day High Low • Oct 19
New 90-day low: ₩487 The company is down 27% from its price of ₩665 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₩494 The company is down 20% from its price of ₩617 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period.