New Risk • May 31
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 127% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₩32.3b market cap, or US$21.4m). Buy Or Sell Opportunity • Apr 17
Now 27% undervalued Over the last 90 days, the stock has risen 7.0% to ₩2,515. The fair value is estimated to be ₩3,431, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₩2,750, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 19x in the IT industry in South Korea. Total returns to shareholders of 23% over the past three years. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩2,025, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 19x in the IT industry in South Korea. Total loss to shareholders of 17% over the past three years. Announcement • Feb 14
Plantynet Co., Ltd., Annual General Meeting, Mar 27, 2026 Plantynet Co., Ltd., Annual General Meeting, Mar 27, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 660, daewangpangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 09 April 2026. Payout ratio is a comfortable 58% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.4%). Declared Dividend • Nov 08
Dividend of ₩100.00 announced Dividend of ₩100.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 9th April 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.1%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 4.9% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • Nov 07
Plantynet Co., Ltd. announces Annual dividend, payable on April 09, 2026 Plantynet Co., Ltd. announced Annual dividend of KRW 100.0000 per share payable on April 09, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Buy Or Sell Opportunity • Sep 05
Now 21% overvalued Over the last 90 days, the stock has fallen 4.3% to ₩2,925. The fair value is estimated to be ₩2,420, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has declined by 5.9%. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ₩3,065, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 14x in the IT industry in South Korea. Total loss to shareholders of 8.8% over the past three years. Buy Or Sell Opportunity • Apr 07
Now 31% overvalued after recent price rise Over the last 90 days, the stock has risen 51% to ₩3,820. The fair value is estimated to be ₩2,919, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.9% over the last 3 years. Earnings per share has declined by 29%. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to ₩3,400, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 13x in the IT industry in South Korea. Total loss to shareholders of 11% over the past three years. New Risk • Mar 28
New major risk - Revenue and earnings growth Earnings have declined by 3.5% 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 3.5% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (114% payout ratio). Profit margins are more than 30% lower than last year (4.2% net profit margin). Market cap is less than US$100m (₩39.9b market cap, or US$27.2m). Announcement • Feb 14
Plantynet Co., Ltd., Annual General Meeting, Mar 28, 2025 Plantynet Co., Ltd., Annual General Meeting, Mar 28, 2025, at 09:01 Tokyo Standard Time. Location: conference room, 660, daewangpangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 09 April 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.2%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.7%). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩2,570, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 14x in the IT industry in South Korea. Total loss to shareholders of 31% over the past three years. 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. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩33.8b market cap, or US$23.8m). Buy Or Sell Opportunity • Dec 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to ₩2,070. The fair value is estimated to be ₩2,596, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 21%. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to ₩2,355, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 14x in the IT industry in South Korea. Total loss to shareholders of 53% over the past three years. New Risk • Aug 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 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩48.3b market cap, or US$36.2m). Valuation Update With 7 Day Price Move • Aug 28
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩2,425, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 14x in the IT industry in South Korea. Total loss to shareholders of 53% over the past three years. Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share at 4.1% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 08 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.1%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.2%). Reported Earnings • Mar 19
Full year 2022 earnings released: ₩102 loss per share (vs ₩392 profit in FY 2021) Full year 2022 results: ₩102 loss per share (down from ₩392 profit in FY 2021). Revenue: ₩31.9b (up 12% from FY 2021). Net loss: ₩1.56b (down 126% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Dec 21
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 17 April 2023. Payout ratio is a comfortable 36% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Within top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (2.0%). 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. 3 experienced directors. No highly experienced directors. No independent directors (3 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. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 36% share price gain to ₩2,960, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩2,155, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 16x in the IT industry in South Korea. Total returns to shareholders of 2.5% 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 ₩2,410, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 14x in the IT industry in South Korea. Total loss to shareholders of 9.6% over the past three years. 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. 3 experienced directors. No highly experienced directors. No independent directors (3 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. Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improved over the past week After last week's 37% share price gain to ₩8,680, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 17x in the IT industry in South Korea. Total returns to shareholders of 83% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 2.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (1.4%). Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩9,300, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 22x in the IT industry in South Korea. Total returns to shareholders of 139% over the past three years. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 17% share price gain to ₩11,250, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 21x in the IT industry in South Korea. Total returns to shareholders of 164% over the past three years. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₩10,600, the stock trades at a trailing P/E ratio of 37x. Average trailing P/E is 21x in the IT industry in South Korea. Total returns to shareholders of 125% 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 16% share price gain to ₩11,350, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 23x in the IT industry in South Korea. Total returns to shareholders of 145% over the past three years. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improved over the past week After last week's 17% share price gain to ₩9,400, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 23x in the IT industry in South Korea. Total returns to shareholders of 106% over the past three years. Is New 90 Day High Low • Jan 12
New 90-day high: ₩7,100 The company is up 33% from its price of ₩5,350 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 IT industry, which is up 18% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: ₩5,980 The company is up 25% from its price of ₩4,800 on 22 September 2020. The South Korean market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 7.0% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: ₩5,850 The company is up 26% from its price of ₩4,655 on 21 August 2020. The South Korean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 07
New 90-day high: ₩5,440 The company is up 16% from its price of ₩4,700 on 09 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 IT industry, which is up 6.0% over the same period.