New Risk • Mar 25
New major risk - Revenue and earnings growth Earnings have declined by 2.4% 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 2.4% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩136.2b market cap, or US$90.9m). Reported Earnings • Mar 25
Full year 2025 earnings released: ₩619 loss per share (vs ₩309 loss in FY 2024) Full year 2025 results: ₩619 loss per share (further deteriorated from ₩309 loss in FY 2024). Revenue: ₩43.2b (up 91% from FY 2024). Net loss: ₩15.5b (loss widened 98% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • Mar 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩142.3b (US$95.3m) 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. This is currently the only risk that has been identified for the company. New Risk • May 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 9.1% 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 (9.1% average weekly change). Market cap is less than US$100m (₩129.8b market cap, or US$92.8m). Reported Earnings • Mar 21
Full year 2024 earnings released: ₩309 loss per share (vs ₩125 profit in FY 2023) Full year 2024 results: ₩309 loss per share (down from ₩125 profit in FY 2023). Revenue: ₩22.6b (down 68% from FY 2023). Net loss: ₩7.84b (down 341% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Feb 25
DSK Co., Ltd. announces Annual dividend DSK Co., Ltd. announced Annual dividend of KRW 200.0000 per share, ex-date on December 27, 2024 and record date on December 31, 2024. Announcement • Jan 16
DSK Co., Ltd., Annual General Meeting, Mar 25, 2025 DSK Co., Ltd., Annual General Meeting, Mar 25, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 710, suin-ro, sangnok-gu, gyeonggi-do, ansan South Korea New Risk • Sep 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩132.9b (US$99.5m) 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 Earnings have declined by 29% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩132.9b market cap, or US$99.5m). Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: ₩125 (vs ₩244 loss in FY 2022) Full year 2023 results: EPS: ₩125 (up from ₩244 loss in FY 2022). Revenue: ₩71.5b (up 48% from FY 2022). Net income: ₩3.26b (up ₩9.71b from FY 2022). Profit margin: 4.6% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Jan 16
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩132.4b (US$99.2m) 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 Earnings have declined by 44% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩132.4b market cap, or US$99.2m). New Risk • Oct 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩131.8b (US$97.6m) 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 Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩131.8b market cap, or US$97.6m). New Risk • Jul 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩131.5b (US$99.9m) 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 Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩131.5b market cap, or US$99.9m). Reported Earnings • Mar 26
Full year 2022 earnings released: ₩244 loss per share (vs ₩18.00 loss in FY 2021) Full year 2022 results: ₩244 loss per share (further deteriorated from ₩18.00 loss in FY 2021). Revenue: ₩48.2b (down 3.1% from FY 2021). Net loss: ₩6.45b (loss widened ₩6.06b from FY 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Board Change • Nov 16
No independent directors 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. No 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: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors 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. No 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: Lack of independent directors. Insufficient board refreshment. Is New 90 Day High Low • Jan 22
New 90-day high: ₩7,870 The company is up 4.0% from its price of ₩7,580 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 Semiconductor industry, which is up 49% over the same period. Is New 90 Day High Low • Dec 06
New 90-day low: ₩6,730 The company is down 2.0% from its price of ₩6,860 on 07 September 2020. The South Korean market is up 14% 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 06
New 90-day high: ₩8,600 The company is up 23% from its price of ₩6,970 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 Semiconductor industry, which is up 3.0% over the same period. 