Reported Earnings • Mar 21
Full year 2025 earnings released: EPS: ₩632 (vs ₩521 in FY 2024) Full year 2025 results: EPS: ₩632 (up from ₩521 in FY 2024). Revenue: ₩16.5b (flat on FY 2024). Net income: ₩5.08b (up 19% from FY 2024). Profit margin: 31% (up from 26% in FY 2024). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year. Announcement • Feb 27
Yw Company Limited, Annual General Meeting, Mar 24, 2026 Yw Company Limited, Annual General Meeting, Mar 24, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 242, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea Upcoming Dividend • Dec 22
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 20 April 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.1%). Reported Earnings • Nov 20
Third quarter 2025 earnings released: EPS: ₩221 (vs ₩120 in 3Q 2024) Third quarter 2025 results: EPS: ₩221 (up from ₩120 in 3Q 2024). Revenue: ₩2.71b (down 17% from 3Q 2024). Net income: ₩1.78b (up 82% from 3Q 2024). Profit margin: 65% (up from 30% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 4% per year. Declared Dividend • Nov 08
Dividend of ₩200 announced Dividend of ₩200 is the same as last year. Ex-date: 29th December 2025 Payment date: 20th April 2026 Dividend yield will be 5.1%, which is higher than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 12% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 10% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 07
Yw Company Limited announces Annual dividend, payable on April 20, 2026 Yw Company Limited announced Annual dividend of KRW 200.0000 per share payable on April 20, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Aug 30
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2013 fiscal period end). High level of non-cash earnings (57% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩31.8b market cap, or US$22.9m). Reported Earnings • May 20
First quarter 2025 earnings released: EPS: ₩122 (vs ₩162 in 1Q 2024) First quarter 2025 results: EPS: ₩122 (down from ₩162 in 1Q 2024). Revenue: ₩5.78b (down 4.3% from 1Q 2024). Net income: ₩983.7m (down 28% from 1Q 2024). Profit margin: 17% (down from 23% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: ₩521 (vs ₩622 in FY 2023) Full year 2024 results: EPS: ₩521 (down from ₩622 in FY 2023). Revenue: ₩16.5b (down 55% from FY 2023). Net income: ₩4.27b (down 20% from FY 2023). Profit margin: 26% (up from 14% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 27
Yw Company Limited, Annual General Meeting, Mar 25, 2025 Yw Company Limited, Annual General Meeting, Mar 25, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 242, pangyo-ro, bundang-gu, gyeonggi-do, seongnam South Korea Upcoming Dividend • Dec 20
Upcoming dividend of ₩200 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 21 April 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 5.4%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.7%). 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 Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩31.2b market cap, or US$21.7m). New Risk • Dec 07
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended September 2013. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2013 fiscal period end). High level of non-cash earnings (38% accrual ratio). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩30.0b market cap, or US$21.1m). Buy Or Sell Opportunity • Aug 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.7% to ₩3,460. The fair value is estimated to be ₩4,424, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 28%. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: ₩164 (vs ₩154 in 1Q 2023) First quarter 2024 results: EPS: ₩164 (up from ₩154 in 1Q 2023). Revenue: ₩6.04b (down 59% from 1Q 2023). Net income: ₩1.38b (up 4.1% from 1Q 2023). Profit margin: 23% (up from 8.9% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: ₩622 (vs ₩352 in FY 2022) Full year 2023 results: EPS: ₩622 (up from ₩352 in FY 2022). Revenue: ₩37.0b (up 82% from FY 2022). Net income: ₩5.34b (up 76% from FY 2022). Profit margin: 14% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩150 per share at 3.8% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 19 April 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 3.8%. Within top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.3%). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₩149 (vs ₩95.00 in 3Q 2022) Third quarter 2023 results: EPS: ₩149 (up from ₩95.00 in 3Q 2022). Revenue: ₩6.88b (up 42% from 3Q 2022). Net income: ₩1.29b (up 57% from 3Q 2022). Profit margin: 19% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Aug 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (₩32.5b market cap, or US$24.6m). Announcement • Jul 01
Yw Company Limited (KOSDAQ:A051390) announces an Equity Buyback for KRW 2,200 million worth of its shares. Yw Company Limited (KOSDAQ:A051390) announces a share repurchase program. Under the program, the company will repurchase up to KRW 2,200 million worth of its shares, pursuant to a contract with Hyundai Motor Securities Co.,Ltd. The purpose of the program is to stabilize stock price and increase shareholder value. The program will expire on June 30, 2024. As of June 28, 2023, the company had2,743,300 shares in treasury within scope available for dividend and had no shares in treasury under other capacities. Upcoming Dividend • Dec 21
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 20 April 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.2%). Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: ₩95.00 (vs ₩71.00 in 3Q 2021) Third quarter 2022 results: EPS: ₩95.00 (up from ₩71.00 in 3Q 2021). Revenue: ₩4.84b (up 51% from 3Q 2021). Net income: ₩819.9m (up 34% from 3Q 2021). Profit margin: 17% (down from 19% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging 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. 4 experienced directors. No highly experienced directors. No independent directors (4 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 • Jun 29
Investor sentiment improved over the past week After last week's 15% share price gain to ₩3,700, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 13x in the Communications industry in South Korea. Total returns to shareholders of 2.7% 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. 4 experienced directors. No highly experienced directors. No independent directors (4 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. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 18 April 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.4%. Within top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.8%). Announcement • Mar 11
Yw Company Limited, Annual General Meeting, Mar 26, 2021 Yw Company Limited, Annual General Meeting, Mar 26, 2021, at 09:00 Korea Standard Time. Is New 90 Day High Low • Feb 25
New 90-day high: ₩4,125 The company is up 9.0% from its price of ₩3,770 on 27 November 2020. The South Korean market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 2.0% over the same period. Is New 90 Day High Low • Jan 25
New 90-day high: ₩4,085 The company is up 16% from its price of ₩3,520 on 27 October 2020. The South Korean market is up 33% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 26% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩50.00 Per Share Will be paid on the 17th of April to those who are registered shareholders by the 29th of December. The trailing yield of 1.3% is below the top quartile of South Korean dividend payers (2.6%), but it is higher than industry peers (0.7%). Is New 90 Day High Low • Dec 15
New 90-day high: ₩3,870 The company is up 3.0% from its price of ₩3,770 on 16 September 2020. The South Korean market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is down 10.0% over the same period. Is New 90 Day High Low • Oct 21
New 90-day low: ₩3,500 The company is down 6.0% from its price of ₩3,725 on 23 July 2020. The South Korean market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is down 2.0% over the same period.