New Risk • Mar 27
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: 22% Last year net profit margin: 31% 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. This is currently the only risk that has been identified for the company. Duyuru • Mar 12
Sukgyung AT Co., Ltd., Annual General Meeting, Mar 27, 2026 Sukgyung AT Co., Ltd., Annual General Meeting, Mar 27, 2026, at 10:00 Tokyo Standard Time. Location: conference room, 312, hwarang-ro, danwon-gu, gyeonggi-do, ansan South Korea Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₩49,500, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 14x in the Chemicals industry in South Korea. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩61,500, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 11x in the Chemicals industry in South Korea. Total returns to shareholders of 148% over the past three years. New Risk • Dec 03
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 8.5% 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: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change). Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₩53,500, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 10x in the Chemicals industry in South Korea. Total returns to shareholders of 104% over the past three years. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩57,000, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 12x in the Chemicals industry in South Korea. Total returns to shareholders of 224% over the past three years. Buy Or Sell Opportunity • Jul 07
Now 20% undervalued Over the last 90 days, the stock has risen 5.1% to ₩47,000. The fair value is estimated to be ₩59,030, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 22% in a year. Earnings are forecast to decline by 24% in the next year. Duyuru • Mar 13
Sukgyung AT Co., Ltd., Annual General Meeting, Mar 28, 2025 Sukgyung AT Co., Ltd., Annual General Meeting, Mar 28, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 312, hwarang-ro, danwon-gu, gyeonggi-do, ansan South Korea Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₩46,550, the stock trades at a trailing P/E ratio of 72.7x. Average trailing P/E is 10x in the Chemicals industry in South Korea. Total returns to shareholders of 167% over the past three years. 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. This is currently the only risk that has been identified for the company. New Risk • Nov 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 27% 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. This is currently the only risk that has been identified for the company. 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. This is currently the only risk that has been identified for the company. Duyuru • Jul 29
Sukgyung AT Co., Ltd. (KOSDAQ:A357550) announces an Equity Buyback for KRW 1,000 million worth of its shares. Sukgyung AT Co., Ltd. (KOSDAQ:A357550) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares according to the contract with Samsung Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on January 28, 2025. As of July 28, 2024, the company had 0 share in treasury within the range available for dividends and through other acquisition. New Risk • Mar 24
New major risk - Revenue and earnings growth Revenue has declined by 1.2% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to ₩48,600, the stock trades at a trailing P/E ratio of 61.5x. Average trailing P/E is 14x in the Chemicals industry in South Korea. Total returns to shareholders of 206% over the past year. Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₩54,800, the stock trades at a trailing P/E ratio of 56.4x. Average trailing P/E is 13x in the Chemicals industry in South Korea. Total returns to shareholders of 247% over the past year. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to ₩36,450, the stock trades at a trailing P/E ratio of 37.5x. Average trailing P/E is 13x in the Chemicals industry in South Korea. Total returns to shareholders of 152% over the past year. 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 ₩20,300, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 12x in the Chemicals industry in South Korea. Total loss to shareholders of 8.8% over the past year. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₩21,950, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 13x in the Chemicals industry in South Korea. Negligible returns to shareholders over past year. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 15% share price gain to ₩19,900, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 14x in the Chemicals industry in South Korea. Total loss to shareholders of 11% over the past year. Buying Opportunity • Jun 22
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 8.9%. The fair value is estimated to be ₩18,530, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last year. Earnings per share has grown by 206%. Duyuru • Feb 24
Sukgyung AT Co., Ltd. (KOSDAQ:A357550) announces an Equity Buyback for KRW 1,000 million worth of its shares. Sukgyung AT Co., Ltd. (KOSDAQ:A357550) announces a share repurchase program. Under the program, the company will repurchase up to KRW 1,000 million worth of its shares according to the contract with Korea Investment & Securities Co., Ltd. The purpose of the program is stock price stability and shareholder value enhancement. The program will expire on August 21, 2022. As of February 20, 2022, the company had 0 share in treasury within the range available for dividends and through other acquisition. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 18% share price gain to ₩15,900, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 16x in the Chemicals industry in South Korea. Total loss to shareholders of 39% over the past year.