Announcement • Mar 13
Osangjaiel Co., Ltd., Annual General Meeting, Mar 27, 2026 Osangjaiel Co., Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 36, yukdong-ro, bupyeong-gu, incheon South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩300 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 14 April 2026. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 8.0%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.4%). Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ₩187 (vs ₩57.00 in 3Q 2024) Third quarter 2025 results: EPS: ₩187 (up from ₩57.00 in 3Q 2024). Revenue: ₩30.8b (up 2.3% from 3Q 2024). Net income: ₩3.54b (up 227% from 3Q 2024). Profit margin: 12% (up from 3.6% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Nov 19
New major risk - Revenue and earnings growth Earnings have declined by 2.9% 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 2.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩64.9b market cap, or US$44.3m). Declared Dividend • Nov 08
Dividend of ₩300 announced Dividend of ₩300 is the same as last year. Ex-date: 29th December 2025 Payment date: 14th April 2026 Dividend yield will be 9.0%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (37% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 07
Osangjaiel Co., Ltd. announces Annual dividend, payable on April 14, 2026 Osangjaiel Co., Ltd. announced Annual dividend of KRW 300.0000 per share payable on April 14, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Reported Earnings • Mar 26
Full year 2024 earnings released: EPS: ₩337 (vs ₩1,265 in FY 2023) Full year 2024 results: EPS: ₩337 (down from ₩1,265 in FY 2023). Revenue: ₩116.9b (up 13% from FY 2023). Net income: ₩6.36b (down 73% from FY 2023). Profit margin: 5.4% (down from 23% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Announcement • Mar 08
Osangjaiel Co., Ltd., Annual General Meeting, Mar 28, 2025 Osangjaiel Co., Ltd., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 36, yukdong-ro, bupyeong-gu, incheon South Korea Board Change • Dec 09
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. New Risk • Dec 07
New minor risk - Financial data availability Less than 3 years of financial data is available. This is considered a minor risk. If the company has been trading for less than 3 years, then it has not had the opportunity to establish a long-term track record. This makes it difficult for investors to assess the true growth potential, sustainability and resilience of the business under different economic conditions. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₩62.5b market cap, or US$43.9m). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩5,210, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 14x in the IT industry in South Korea. Total loss to shareholders of 22% over the past three years. New Risk • Aug 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 9.2% 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: Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Profit margins are more than 30% lower than last year (6.8% net profit margin). Market cap is less than US$100m (₩93.8b market cap, or US$68.3m). New Risk • May 23
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: 6.8% Last year net profit margin: 23% 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 (6.8% net profit margin). Market cap is less than US$100m (₩84.3b market cap, or US$61.9m). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩5,000, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 19x in the IT industry in South Korea. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩5,290, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 17x in the IT industry in South Korea. Total loss to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Jul 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩6,400, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 18x in the IT industry in South Korea. Total loss to shareholders of 35% over the past three years. Reported Earnings • May 20
First quarter 2023 earnings released: EPS: ₩1,081 (vs ₩293 in 1Q 2022) First quarter 2023 results: EPS: ₩1,081 (up from ₩293 in 1Q 2022). Revenue: ₩22.2b (up 6.6% from 1Q 2022). Net income: ₩19.1b (up 269% from 1Q 2022). Profit margin: 86% (up from 25% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩6,240, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 28x in the IT industry in South Korea. Total loss to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improved over the past week After last week's 17% share price gain to ₩5,010, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 18x in the IT industry in South Korea. Total loss to shareholders of 20% 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. 5 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. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improved over the past week After last week's 18% share price gain to ₩5,990, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 15x in the IT industry in South Korea. Total loss to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩5,030, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 14x in the IT industry in South Korea. Total loss to shareholders of 44% over the past three years. Reported Earnings • May 19
First quarter 2022 earnings released: EPS: ₩293 (vs ₩147 in 1Q 2021) First quarter 2022 results: EPS: ₩293 (up from ₩147 in 1Q 2021). Revenue: ₩20.8b (down 14% from 1Q 2021). Net income: ₩5.16b (up 99% from 1Q 2021). Profit margin: 25% (up from 11% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. 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. 5 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. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩7,350, the stock trades at a trailing P/E ratio of 28.4x. Average trailing P/E is 17x in the IT industry in South Korea. Total loss to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 15% share price gain to ₩10,900, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 21x in the IT industry in South Korea. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Sep 17
Investor sentiment improved over the past week After last week's 23% share price gain to ₩10,150, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 21x in the IT industry in South Korea. Total returns to shareholders of 1.5% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₩8,400, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 23x in the IT industry in South Korea. Total loss to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 20% share price gain to ₩9,000, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 28x in the IT industry in South Korea. Total loss to shareholders of 16% over the past three years. Is New 90 Day High Low • Feb 24
New 90-day low: ₩6,720 The company is down 33% from its price of ₩10,100 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 IT industry, which is up 16% over the same period. Is New 90 Day High Low • Jan 27
New 90-day low: ₩7,500 The company is down 40% from its price of ₩12,550 on 29 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 IT industry, which is up 19% over the same period. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩7,670, the stock is trading at a trailing P/E ratio of 18.5x, down from the previous P/E ratio of 21.8x. This compares to an average P/E of 19x in the IT industry in South Korea. Total return to shareholders over the past three years is a loss of 28%. Is New 90 Day High Low • Jan 08
New 90-day low: ₩9,260 The company is down 23% from its price of ₩12,100 on 08 October 2020. The South Korean market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 23
New 90-day low: ₩9,360 The company is down 14% from its price of ₩10,850 on 24 September 2020. The South Korean market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 25
New 90-day low: ₩10,200 The company is down 15% from its price of ₩12,050 on 27 August 2020. The South Korean market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 13% over the same period.