New Risk • Jun 01
New major risk - Revenue and earnings growth Earnings have declined by 3.3% 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 3.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩83.3b market cap, or US$55.3m). Duyuru • Mar 10
Tuksu Engineering & Construction,Ltd., Annual General Meeting, Mar 31, 2026 Tuksu Engineering & Construction,Ltd., Annual General Meeting, Mar 31, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 7, seoun-ro, seocho-gu, seoul South Korea 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 ₩6,080, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 9x in the Construction industry in South Korea. Total loss to shareholders of 23% over the past three years. Duyuru • Feb 28
Tuksu Engineering & Construction,Ltd. announces Annual dividend Tuksu Engineering & Construction,Ltd. announced Annual dividend of KRW 29.0000 per share, ex-date on December 29, 2025 and record date on December 31, 2025. New Risk • Nov 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% 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 (21% accrual ratio). Minor Risk Market cap is less than US$100m (₩98.8b market cap, or US$67.3m). New Risk • Aug 30
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 41% 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 (41% accrual ratio). Minor Risks Less than 3 years of financial data is available. Market cap is less than US$100m (₩117.7b market cap, or US$84.9m). Reported Earnings • Mar 25
Full year 2024 earnings released: EPS: ₩266 (vs ₩130 loss in FY 2023) Full year 2024 results: EPS: ₩266 (up from ₩130 loss in FY 2023). Revenue: ₩212.5b (down 8.7% from FY 2023). Net income: ₩4.66b (up ₩6.94b from FY 2023). Profit margin: 2.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Duyuru • Mar 06
Tuksu Engineering & Construction,Ltd., Annual General Meeting, Mar 28, 2025 Tuksu Engineering & Construction,Ltd., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 7, seoun-ro, seocho-gu, seoul South Korea New Risk • Dec 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩22b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩22b free cash flow). Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩107.2b market cap, or US$76.3m). New Risk • Sep 17
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 Risk Market cap is less than US$100m (₩104.2b market cap, or US$79.2m). New Risk • Aug 30
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -₩42b This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-₩42b). Market cap is less than US$100m (₩108.8b market cap, or US$81.5m). New Risk • Mar 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩132.1b (US$98.7m) This is considered a minor 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 Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩132.1b market cap, or US$98.7m). New Risk • Jul 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩127.0b (US$100.0m) This is considered a minor 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 Risk Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₩127.0b market cap, or US$100.0m). 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. 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. Duyuru • Aug 06
Tuksu Engineering & Construction,Ltd. has completed a Follow-on Equity Offering in the amount of KRW 14.88 billion. Tuksu Engineering & Construction,Ltd. has completed a Follow-on Equity Offering in the amount of KRW 14.88 billion.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,500,000
Price\Range: KRW 9920
Discount Per Security: KRW 148.8
Transaction Features: Rights Offering Valuation Update With 7 Day Price Move • May 13
Investor sentiment improved over the past week After last week's 21% share price gain to ₩12,200, the stock trades at a trailing P/E ratio of 78.7x. Average trailing P/E is 13x in the Construction industry in South Korea. Total returns to shareholders of 25% over the past three years. Is New 90 Day High Low • Feb 03
New 90-day high: ₩8,290 The company is up 23% from its price of ₩6,740 on 05 November 2020. The South Korean market is up 28% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 21% over the same period. Is New 90 Day High Low • Jan 18
New 90-day high: ₩7,430 The company is up 18% from its price of ₩6,280 on 20 October 2020. The South Korean market is up 30% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 32% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: ₩7,180 The company is up 16% from its price of ₩6,170 on 29 September 2020. The South Korean market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 24% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: ₩7,120 The company is up 17% from its price of ₩6,070 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 Construction industry, which is up 13% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ₩5,840 The company is down 6.0% from its price of ₩6,230 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is flat over the same period. Reported Earnings • Sep 18
First half earnings released Over the last 12 months the company has reported total profits of ₩1.98b, with earnings increasing by ₩1.65b from the prior year. Total revenue was ₩197.7b over the last 12 months, up 3.2% from the prior year.