bullish
Korea Small Cap Gem #24: Sindoh Co [Net Cash More than 220% of Market Cap]
304 Views15 Aug 2023 03:16
SUMMARY
- Sindoh Co Ltd (029530 KS) is the 24th company in our Korea Small Cap Gems series.
- Sindoh has one of the highest net cash/market cap ratios in the entire Korean stock market. Net cash at end of 1Q 2023 was 226% of its market cap.
- Sindoh's operations turned around in 1Q 2023. It had sales of 105.5 billion won (up 26.6% YoY) and operating profit of 9.8 billion won (turned black) in 1Q 2023.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
- Korea M&A Reforms: Considering on Adopting Poison Pill in 202405 Feb 2024
- Higher Capital Allocation to Low PBR Companies in KOSDAQ150 + Pair Trade KOSPI200/KOSDAQ15003 Feb 2024
- Top 10 Stocks in Korea With Highest Net Cash as Percentage of Market Cap31 Jan 2024
- Korea Small Cap Gem #24: Sindoh Co [Net Cash More than 220% of Market Cap]15 Aug 2023
- Sindoh (Sindoricoh) - Poised to Lead the 3D Printing Revolution in Korea20 Sep 2017
- The Fourth Industrial Revolution: A Boom, Bust, and a Boom24 Aug 2017
x