Announcement • Mar 10
Russell Co., Ltd., Annual General Meeting, Mar 31, 2026 Russell Co., Ltd., Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 36, oksansandan-ro, oksan-myeon, heungdeok-gu, chungcheongbuk-do, cheongju South Korea New Risk • Jan 09
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 Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 27x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.1% net profit margin). Market cap is less than US$100m (₩73.1b market cap, or US$50.1m). Upcoming Dividend • Dec 22
Upcoming dividend of ₩30.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 April 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%). Declared Dividend • Nov 08
Dividend of ₩30.00 announced Dividend of ₩30.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 27th April 2026 Dividend yield will be 1.5%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (47% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 5 years and payments have been stable during that time. Announcement • Nov 07
Russell Co., Ltd. announces Annual dividend, payable on April 27, 2026 Russell Co., Ltd. announced Annual dividend of KRW 30.0000 per share payable on April 27, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Oct 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 7.3% 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 13% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (₩63.5b market cap, or US$45.0m). Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩2,055, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 17x in the Semiconductor industry in South Korea. Total loss to shareholders of 39% over the past three years. Announcement • Mar 06
Russell Co., Ltd., Annual General Meeting, Mar 31, 2025 Russell Co., Ltd., Annual General Meeting, Mar 31, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 36, oksansandan-ro, oksan-myeon, heungdeok-gu, chungcheongbuk-do, cheongju South Korea Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₩1,901, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 17x in the Semiconductor industry in South Korea. Total loss to shareholders of 54% over the past three years. Buy Or Sell Opportunity • Feb 05
Now 26% overvalued Over the last 90 days, the stock has fallen 3.2% to ₩1,706. The fair value is estimated to be ₩1,358, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 35%. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩1,684, the stock trades at a trailing P/E ratio of 28.3x. Average trailing P/E is 17x in the Semiconductor industry in South Korea. Total loss to shareholders of 63% over the past three years. Buy Or Sell Opportunity • Jan 03
Now 21% overvalued Over the last 90 days, the stock has fallen 15% to ₩1,591. The fair value is estimated to be ₩1,320, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has declined by 35%. Upcoming Dividend • Dec 20
Upcoming dividend of ₩30.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 April 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.8%). New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Market cap is less than US$100m (₩43.6b market cap, or US$30.3m). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩1,318, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total loss to shareholders of 66% over the past three years. New Risk • Dec 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₩46.4b market cap, or US$33.1m). Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩1,501, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 13x in the Semiconductor industry in South Korea. Total loss to shareholders of 61% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₩1,703, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 19x in the Semiconductor industry in South Korea. Total loss to shareholders of 62% over the past three years. New Risk • May 29
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: 4.7% Last year net profit margin: 8.4% 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: Major Risk Earnings have declined by 9.4% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.7% net profit margin). Market cap is less than US$100m (₩78.5b market cap, or US$57.4m). Upcoming Dividend • Dec 20
Upcoming dividend of ₩30.00 per share at 1.0% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 25 April 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (3.5%). In line with average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₩3,210, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Semiconductor industry in South Korea. Total returns to shareholders of 51% over the past three years. New Risk • Aug 25
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: 3.5% Last year net profit margin: 14% 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: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (₩105.0b market cap, or US$79.5m). Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩4,795, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 12x in the Semiconductor industry in South Korea. Total returns to shareholders of 285% over the past three years. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩3,680, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Semiconductor industry in South Korea. Total returns to shareholders of 64% over the past three years. Upcoming Dividend • Dec 21
Upcoming dividend of ₩30.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.8%). Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩3,000, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Semiconductor industry in South Korea. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩3,905, the stock trades at a trailing P/E ratio of 24x. Average trailing P/E is 11x in the Semiconductor industry in South Korea. Total returns to shareholders of 83% over the past three years. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 23% share price gain to ₩4,950, the stock trades at a trailing P/E ratio of 63.8x. Average trailing P/E is 16x in the Semiconductor industry in South Korea. Total returns to shareholders of 160% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩4,050, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 16x in the Semiconductor industry in South Korea. Total returns to shareholders of 80% over the past three years. Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improved over the past week After last week's 15% share price gain to ₩4,485, the stock trades at a trailing P/E ratio of 57.8x. Average trailing P/E is 18x in the Semiconductor industry in South Korea. Total returns to shareholders of 145% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩25.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 22 April 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (0.9%). Reported Earnings • Nov 25
Third quarter 2021 earnings: EPS and revenues miss analyst expectations Third quarter 2021 results: EPS: ₩51.00 (down from ₩56.00 in 3Q 2020). Revenue: ₩14.9b (up 64% from 3Q 2020). Net income: ₩1.47b (down 9.2% from 3Q 2020). Profit margin: 9.9% (down from 18% in 3Q 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 60%. Earnings per share (EPS) missed analyst estimates by 60%. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 17% share price gain to ₩4,065, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total returns to shareholders of 137% over the past three years. Announcement • Apr 15
Russell Co., Ltd. announced that it has received KRW 10 billion in funding from NH Investment & Securities Co., Ltd., Investment Arm, Korea Investment & Securities Co., Ltd., Investment Arm, Samsung Securities Co. Ltd., Investment Arm On April 14, 2021, Russell Co., Ltd. (KOSDAQ:A217500) closed the transaction. Is New 90 Day High Low • Feb 03
New 90-day high: ₩5,490 The company is up 97% from its price of ₩2,790 on 05 November 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 43% over the same period. Is New 90 Day High Low • Jan 19
New 90-day high: ₩3,275 The company is up 26% from its price of ₩2,605 on 21 October 2020. The South Korean market is also up 26% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Semiconductor industry, which is up 41% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩25.00 Per Share Will be paid on the 22nd of April to those who are registered shareholders by the 29th of December. The company last paid an ordinary dividend in November 2020. The average dividend yield among industry peers is 0.8%. Is New 90 Day High Low • Dec 03
New 90-day high: ₩3,225 The company is up 55% from its price of ₩2,085 on 04 September 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 25% over the same period. Is New 90 Day High Low • Oct 30
New 90-day high: ₩2,865 The company is up 36% from its price of ₩2,110 on 31 July 2020. The South Korean market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is down 3.0% over the same period. Is New 90 Day High Low • Oct 12
New 90-day high: ₩2,580 The company is up 26% from its price of ₩2,040 on 14 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 4.0% over the same period. Announcement • Sep 08
Soonwook Kwon and Sw Investment cancelled the acquisition of 40.17% in Russell Co., Ltd. (KOSDAQ:A217500) from Gangjik Lee, Donghwan Lee and Youngkwon Kim. Soonwook Kwon and Sw Investment signed a contract to acquire 40.17% in Russell Co., Ltd. (KOSDAQ:A217500) from Gangjik Lee, Donghwan Lee and Youngkwon Kim for KRW 25.6 billion on June 12, 2019. A total of 12.8 million shares will be acquired at KRW 2,000 per share. As per terms, the sellers will sell 6.1 million, 6.4 million and 0.3 million shares respectively. The consideration comprises a deposit of KRW 2.6 billion. As of July 25, 2019, the contract was amended. As per the amendment, Soonwook Kwon and Sw Investment will acquire 11.78 million and 1 million shares representing 37.03% and 3.14% stake of Russell Co. respectively. Post completion, the sellers will hold 2.2 million, 1.5 million and 1 million shares respectively. As of July 25, 2019, the expected closing date was changed from July 26, 2019 to July 25, 2019.
Soonwook Kwon and Sw Investment cancelled the acquisition of 40.17% in Russell Co., Ltd. (KOSDAQ:A217500) from Gangjik Lee, Donghwan Lee and Youngkwon Kim on June 12, 2020.