New Risk • Jul 04
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.9% per year over the past 5 years. Market cap is less than US$10m (₩14.7b market cap, or US$9.61m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (16% increase in shares outstanding). New Risk • Jun 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩14.9b (US$9.79m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 9.9% per year over the past 5 years. Market cap is less than US$10m (₩14.9b market cap, or US$9.79m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Jun 01
New major risk - Revenue and earnings growth Earnings have declined by 9.9% 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 9.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (₩15.4b market cap, or US$10.2m). Tillkännagivande • Mar 17
CNPLUS Co., Ltd., Annual General Meeting, Mar 31, 2026 CNPLUS Co., Ltd., Annual General Meeting, Mar 31, 2026, at 09:01 Tokyo Standard Time. Location: conference room, 305, sihwa venture-ro, gyeonggi-do, siheung South Korea Tillkännagivande • Feb 25
CNPLUS Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 999.999806 million. CNPLUS Co., Ltd. has completed a Follow-on Equity Offering in the amount of KRW 999.999806 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 4,524,886
Price\Range: KRW 221 Tillkännagivande • Feb 13
CNPLUS Co., Ltd. has filed a Follow-on Equity Offering in the amount of KRW 999.999792 million. CNPLUS Co., Ltd. has filed a Follow-on Equity Offering in the amount of KRW 999.999792 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 4,385,964
Price\Range: KRW 228 New Risk • Feb 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 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 Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (₩22.1b market cap, or US$15.1m). New Risk • Dec 16
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₩4.57b (US$3.10m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. New Risk • May 14
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: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (₩30.8b market cap, or US$22.1m). Reported Earnings • Apr 02
Full year 2024 earnings released: ₩33.00 loss per share (vs ₩6.00 profit in FY 2023) Full year 2024 results: ₩33.00 loss per share (down from ₩6.00 profit in FY 2023). Revenue: ₩47.5b (up 31% from FY 2023). Net loss: ₩2.22b (down ₩2.61b from profit in FY 2023). Tillkännagivande • Mar 18
CNPLUS Co., Ltd., Annual General Meeting, Mar 31, 2025 CNPLUS Co., Ltd., Annual General Meeting, Mar 31, 2025, at 09:00 Tokyo Standard Time. Location: conference room, 305, sihwa venture-ro, gyeonggi-do, siheung South Korea Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩382, the stock trades at a trailing P/E ratio of 66.3x. Average trailing P/E is 20x in the Electrical industry in South Korea. Total loss to shareholders of 28% over the past year. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩389, the stock trades at a trailing P/E ratio of 67.5x. Average trailing P/E is 22x in the Electrical industry in South Korea. Total loss to shareholders of 35% over the past year. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: ₩6.00 (vs ₩26.00 in FY 2022) Full year 2023 results: EPS: ₩6.00 (down from ₩26.00 in FY 2022). Revenue: ₩36.3b (down 16% from FY 2022). Net income: ₩391.8m (down 77% from FY 2022). Profit margin: 1.1% (down from 4.0% in FY 2022). The decrease in margin was driven by lower revenue. New Risk • Mar 08
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: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₩21.1b market cap, or US$16.0m). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₩239, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 18x in the Electrical industry in South Korea. Total loss to shareholders of 58% over the past year. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩326, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 18x in the Electrical industry in South Korea. Total loss to shareholders of 44% over the past year. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩496, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 19x in the Electrical industry in South Korea. Total loss to shareholders of 29% over the past year. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: ₩26.00 (vs ₩16.00 loss in FY 2021) Full year 2022 results: EPS: ₩26.00 (up from ₩16.00 loss in FY 2021). Revenue: ₩43.0b (up 36% from FY 2021). Net income: ₩1.74b (up ₩2.82b from FY 2021). Profit margin: 4.0% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 19% share price gain to ₩587, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 19x in the Electrical industry in South Korea. Valuation Update With 7 Day Price Move • Nov 09
Investor sentiment improved over the past week After last week's 19% share price gain to ₩652, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 17x in the Electrical industry in South Korea. 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 ₩542, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 15x in the Electrical industry in South Korea. Tillkännagivande • Aug 17
CNPLUS Co., Ltd. announced that it expects to receive KRW 5 billion in funding from Beone System Co., Ltd. and another investor CNPLUS Co., Ltd. announced a private placement of series 7 Non-guaranteed Private convertible bonds with Bearer Type Interest Part for a gross proceeds of KRW 5,000,000,000 on August 16, 2022. The bonds carry a fixed coupon of 1% and yield to maturity of 7% per annum. The transaction will include participation from E-Ground Co., Ltd. for KRW 2,000,000,000 and Beone System Co., Ltd. for KRW 3,000,000,000. The bonds will mature on September 23, 2025. The bonds will be 100% converted into 7,299,270 common shares at a fixed conversion price of KRW 685 per share for an equity stake of 10.74%. The conversion period is from September 23, 2023 to August 23, 2025. The payment date of the transaction is September 23, 2022. The securities issued in the transaction are subject to a lock up period of one year. The transaction has been approved by the board of directors of the company. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment improved over the past week After last week's 32% share price gain to ₩536, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 17x in the Electrical industry in South Korea. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩515, the stock trades at a trailing P/E ratio of 33.1x. Average trailing P/E is 17x in the Electrical industry in South Korea.