Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩4,415, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 15% over the past three years. Announcement • Mar 04
Hyunwoo Industrial Co., LTD, Annual General Meeting, Mar 31, 2026 Hyunwoo Industrial Co., LTD, Annual General Meeting, Mar 31, 2026, at 09:00 Tokyo Standard Time. Location: conference room, 51, geomdan-ro, seo-gu, incheon South Korea Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩3,180, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 33% over the past three years. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩3,665, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 18% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩50.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 16 April 2026. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.9%). Announcement • Nov 29
Hyunwoo Industrial Co., LTD announced that it has received KRW 10 billion in funding On November 28, 2025, Hyunwoo Industrial Co., LTD closed the transaction. Announcement • Nov 21
Hyunwoo Industrial Co., LTD announced that it expects to receive KRW 10 billion in funding Hyunwoo Industrial Co., LTD announced a private placement to issue Zero Coupon Series 5 Unregistered Interest Unsecured Private Convertible Bonds due November 28, 2028 for gross proceeds of KRW 10,000,000,000 on November 20, 2025. The transaction will include participation from new investor Heungkuk Smart Connect New Technology Business Fund No. 1. The transaction has been approved by shareholders, expected to close on November 28, 2025, 100% convertible into 2,787,844 shares at a fixed conversion price of KRW 3,587 from November 28, 2026 to October 28, 2028, bears zero coupon rate, zero maturity rate and matures on November 28, 2028 and restricted to a hold period. Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: ₩244 (vs ₩13.00 in 3Q 2024) Third quarter 2025 results: EPS: ₩244 (up from ₩13.00 in 3Q 2024). Revenue: ₩64.3b (up 29% from 3Q 2024). Net income: ₩4.47b (up ₩4.22b from 3Q 2024). Profit margin: 7.0% (up from 0.5% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 08
Dividend of ₩50.00 announced Dividend of ₩50.00 is the same as last year. Ex-date: 29th December 2025 Payment date: 16th April 2026 Dividend yield will be 1.5%, which is higher than the industry average of 0.9%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (4% cash payout ratio). The dividend has decreased over the past 66 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 07
Hyunwoo Industrial Co., LTD announces Annual dividend, payable on April 16, 2026 Hyunwoo Industrial Co., LTD announced Annual dividend of KRW 50.0000 per share payable on April 16, 2026, ex-date on December 29, 2025 and record date on December 31, 2025. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩3,340, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 17x in the Electronic industry in South Korea. Total loss to shareholders of 24% over the past three years. New Risk • Nov 06
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 7.5% 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 (7.5% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (₩59.7b market cap, or US$41.3m). Buy Or Sell Opportunity • Jun 25
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at ₩2,850. The fair value is estimated to be ₩2,374, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company has become profitable. New Risk • May 20
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: 2.4% Last year net profit margin: 5.1% 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 (2.4% net profit margin). Market cap is less than US$100m (₩49.5b market cap, or US$35.5m). Reported Earnings • Mar 22
Full year 2024 earnings released: EPS: ₩456 (vs ₩568 in FY 2023) Full year 2024 results: EPS: ₩456 (down from ₩568 in FY 2023). Revenue: ₩206.2b (down 13% from FY 2023). Net income: ₩8.34b (down 20% from FY 2023). Profit margin: 4.0% (down from 4.4% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Feb 20
Hyunwoo Industrial Co., LTD, Annual General Meeting, Mar 26, 2025 Hyunwoo Industrial Co., LTD, Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 51, geomdan-ro, seo-gu, incheon 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: 17 April 2025. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩2,620, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 14x in the Electronic industry in South Korea. Total loss to shareholders of 40% over the past three years. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ₩13.00 (vs ₩185 in 3Q 2023) Third quarter 2024 results: EPS: ₩13.00 (down from ₩185 in 3Q 2023). Revenue: ₩49.9b (down 21% from 3Q 2023). Net income: ₩253.3m (down 93% from 3Q 2023). Profit margin: 0.5% (down from 5.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: ₩159 (vs ₩96.00 in 2Q 2023) Second quarter 2024 results: EPS: ₩159 (up from ₩96.00 in 2Q 2023). Revenue: ₩54.5b (down 4.8% from 2Q 2023). Net income: ₩2.91b (up 65% from 2Q 2023). Profit margin: 5.3% (up from 3.1% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₩2,865, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 13x in the Electronic industry in South Korea. Total loss to shareholders of 50% over the past three years. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: ₩193 (vs ₩89.00 in 1Q 2023) First quarter 2024 results: EPS: ₩193 (up from ₩89.00 in 1Q 2023). Revenue: ₩56.4b (up 3.3% from 1Q 2023). Net income: ₩3.53b (up 116% from 1Q 2023). Profit margin: 6.2% (up from 3.0% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: ₩568 (vs ₩258 in FY 2022) Full year 2023 results: EPS: ₩568 (up from ₩258 in FY 2022). Revenue: ₩237.3b (up 13% from FY 2022). Net income: ₩10.4b (up 123% from FY 2022). Profit margin: 4.4% (up from 2.2% in FY 2022). The increase in margin 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 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 20
Upcoming dividend of ₩100.00 per share at 2.4% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (0.9%). Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: ₩185 (vs ₩83.00 in 3Q 2022) Third quarter 2023 results: EPS: ₩185 (up from ₩83.00 in 3Q 2022). Revenue: ₩63.0b (up 20% from 3Q 2022). Net income: ₩3.38b (up 122% from 3Q 2022). Profit margin: 5.4% (up from 2.9% 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 78% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. 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 ₩4,790, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 62% over the past three years. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩5,860, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 16x in the Electronic industry in South Korea. Total returns to shareholders of 153% over the past three years. Reported Earnings • Mar 26
Full year 2022 earnings released: EPS: ₩258 (vs ₩34.00 loss in FY 2021) Full year 2022 results: EPS: ₩258 (up from ₩34.00 loss in FY 2021). Revenue: ₩209.9b (up 14% from FY 2021). Net income: ₩4.66b (up ₩5.19b from FY 2021). Profit margin: 2.2% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₩4,300, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 125% over the past three years. 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 41% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of South Korean dividend payers (3.3%). Higher than average of industry peers (1.0%). Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₩4,455, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 52% 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. 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. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 17% share price gain to ₩4,770, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 55% over the past three years. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 18% share price gain to ₩4,105, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 10x in the Electronic industry in South Korea. Total returns to shareholders of 27% 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 18% share price decline to ₩3,505, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 11x in the Electronic industry in South Korea. Total returns to shareholders of 9.8% over the past three years. 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. 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. Upcoming Dividend • Dec 22
Upcoming dividend of ₩100.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 25 April 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.4%). Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS ₩321 (vs ₩21.00 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₩48.0b (up 17% from 3Q 2020). Net income: ₩4.85b (up ₩4.54b from 3Q 2020). Profit margin: 10% (up from 0.8% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 29% share price gain to ₩6,560, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 19x in the Electronic industry in South Korea. Total returns to shareholders of 108% over the past three years. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 16% share price gain to ₩7,600, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 21x in the Electronic industry in South Korea. Total returns to shareholders of 111% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 17% share price gain to ₩6,320, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 22x in the Electronic industry in South Korea. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 40% share price gain to ₩5,740, the stock trades at a trailing P/E ratio of 76.7x. Average trailing P/E is 25x in the Electronic industry in South Korea. Total returns to shareholders of 57% over the past three years. Is New 90 Day High Low • Dec 24
New 90-day high: ₩3,450 The company is up 18% from its price of ₩2,925 on 25 September 2020. The South Korean market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩100.00 Per Share Will be paid on the 22nd of April to those who are registered shareholders by the 29th of December. The trailing yield of 3.4% is in the top quartile of South Korean dividend payers (2.6%), and it is higher than industry peers (0.5%). Reported Earnings • Nov 18
Third quarter 2020 earnings released: EPS ₩21.00 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ₩41.1b (down 11% from 3Q 2019). Net income: ₩313.0m (up 26% from 3Q 2019). Profit margin: 0.8% (up from 0.5% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 98% 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. Is New 90 Day High Low • Oct 26
New 90-day low: ₩2,795 The company is down 12% from its price of ₩3,190 on 28 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 Electronic industry, which is up 5.0% over the same period.