New Risk • Jun 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩153.7b (US$99.9m) 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 Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (₩153.7b market cap, or US$99.9m). New Risk • May 28
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: 1.9% Last year net profit margin: 3.3% 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: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩1,817, the stock trades at a trailing P/E ratio of 28.8x. Average trailing P/E is 17x in the Metals and Mining industry in South Korea. Total loss to shareholders of 55% over the past three years. New Risk • Apr 13
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 14% 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 Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₩1,609, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 15x in the Metals and Mining industry in South Korea. Total loss to shareholders of 57% over the past three years. New Risk • Mar 17
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.6x net interest cover). Minor Risk Large one-off items impacting financial results. Duyuru • Mar 07
Choil Aluminum Co., Ltd., Annual General Meeting, Mar 20, 2026 Choil Aluminum Co., Ltd., Annual General Meeting, Mar 20, 2026, at 11:00 Tokyo Standard Time. Location: auditorium, 98, gongdan 6-ro, jillyang-eup, gyeongsangbuk-do, gyeongsan South Korea New Risk • Mar 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₩138.7b (US$94.8m) 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 Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risk Market cap is less than US$100m (₩138.7b market cap, or US$94.8m). Valuation Update With 7 Day Price Move • May 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₩1,703, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 10x in the Metals and Mining industry in South Korea. Total loss to shareholders of 34% over the past three years. Duyuru • Mar 07
Choil Aluminum Co., Ltd., Annual General Meeting, Mar 21, 2025 Choil Aluminum Co., Ltd., Annual General Meeting, Mar 21, 2025, at 11:00 Tokyo Standard Time. Location: auditorium, 98, gongdan 6-ro, jillyang-eup, gyeongsangbuk-do, gyeongsan South Korea Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₩1,455, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 9x in the Metals and Mining industry in South Korea. Total loss to shareholders of 28% over the past three years. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₩1,493, the stock trades at a trailing P/E ratio of 64.5x. Average trailing P/E is 8x in the Metals and Mining industry in South Korea. Total returns to shareholders of 15% over the past three years. Buying Opportunity • Aug 01
Now 21% undervalued Over the last 90 days, the stock is up 5.2%. The fair value is estimated to be ₩4,063, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company became loss making. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₩3,945, the stock trades at a trailing P/E ratio of 28x. Average trailing P/E is 9x in the Metals and Mining industry in South Korea. Total returns to shareholders of 654% over the past three years. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩2,420, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 7x in the Metals and Mining industry in South Korea. Total returns to shareholders of 526% over the past three years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improved over the past week After last week's 25% share price gain to ₩2,700, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 7x in the Metals and Mining industry in South Korea. Total returns to shareholders of 275% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (5 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment improved over the past week After last week's 34% share price gain to ₩2,225, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 5x in the Metals and Mining industry in South Korea. Total returns to shareholders of 190% over the past three years. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩1,835, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 6x in the Metals and Mining industry in South Korea. Total returns to shareholders of 109% over the past three years. Reported Earnings • May 18
First quarter 2022 earnings released: EPS: ₩154 (vs ₩30.00 in 1Q 2021) First quarter 2022 results: EPS: ₩154 (up from ₩30.00 in 1Q 2021). Revenue: ₩166.0b (up 71% from 1Q 2021). Net income: ₩19.1b (up ₩16.5b from 1Q 2021). Profit margin: 12% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (5 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 19% share price gain to ₩2,270, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 8x in the Metals and Mining industry in South Korea. Total returns to shareholders of 163% over the past three years. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₩2,205, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 11x in the Metals and Mining industry in South Korea. Total returns to shareholders of 142% over the past three years. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₩2,735, the stock trades at a trailing P/E ratio of 64.2x. Average trailing P/E is 11x in the Metals and Mining industry in South Korea. Total returns to shareholders of 201% over the past three years. Valuation Update With 7 Day Price Move • Oct 01
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₩2,770, the stock trades at a trailing P/E ratio of 65x. Average trailing P/E is 11x in the Metals and Mining industry in South Korea. Total returns to shareholders of 155% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 39% share price gain to ₩2,525, the stock trades at a trailing P/E ratio of 46.8x. Average trailing P/E is 11x in the Metals and Mining industry in South Korea. Total returns to shareholders of 128% over the past three years. Reported Earnings • May 19
First quarter 2021 earnings released: EPS ₩30.00 (vs ₩50.00 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩97.0b (up 18% from 1Q 2020). Net income: ₩2.51b (up ₩6.04b from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Duyuru • Mar 12
Choil Aluminum Co., Ltd., Annual General Meeting, Mar 26, 2021 Choil Aluminum Co., Ltd., Annual General Meeting, Mar 26, 2021, at 11:00 Korea Standard Time. Is New 90 Day High Low • Dec 30
New 90-day low: ₩620 The company is down 3.0% from its price of ₩638 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 Metals and Mining industry, which is up 28% over the same period. Is New 90 Day High Low • Nov 12
New 90-day high: ₩733 The company is up 18% from its price of ₩620 on 14 August 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. Is New 90 Day High Low • Oct 19
New 90-day high: ₩729 The company is up 29% from its price of ₩565 on 21 July 2020. The South Korean market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 6.0% over the same period. Is New 90 Day High Low • Sep 22
New 90-day high: ₩703 The company is up 32% from its price of ₩534 on 24 June 2020. The South Korean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 8.0% over the same period. 