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Sangsangin

KOSDAQ:A038540
Snowflake Description

Good value with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
A038540
KOSDAQ
₩344B
Market Cap
  1. Home
  2. KR
  3. Banks
Company description

Sangsangin Co., Ltd. provides total services for building information and technology infrastructure in South Korea and internationally. The last earnings update was 22 days ago. More info.


Add to Portfolio Compare Print
  • Sangsangin has significant price volatility in the past 3 months.
A038540 Share Price and Events
7 Day Returns
3.1%
KOSDAQ:A038540
-2.1%
Asia Mortgage
5.1%
KR Market
1 Year Returns
-59.3%
KOSDAQ:A038540
-35.1%
Asia Mortgage
-18.6%
KR Market
A038540 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sangsangin (A038540) 3.1% -18.2% -21.4% -59.3% 3.6% 83.2%
Asia Mortgage -2.1% -27.8% -37.2% -35.1% -21.5% -2.9%
KR Market 5.1% -11.4% -16.2% -18.6% -15.6% -19.5%
1 Year Return vs Industry and Market
  • A038540 underperformed the Mortgage industry which returned -35.1% over the past year.
  • A038540 underperformed the Market in Korea (Republic of) which returned -18.6% over the past year.
Price Volatility
A038540
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Sangsangin's competitors could be found in our database.

A038540 Value

 Is Sangsangin undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sangsangin to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sangsangin.

KOSDAQ:A038540 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= ₩6,417.85 * 33.8%
₩2,167.50
Book Value of Equity per Share Median Book Value from the past 5 years. ₩6,417.85
Discount Rate (Cost of Equity) See below 9.7%
Perpetual Growth Rate 10-Year KR Government Bond Rate 3.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for KOSDAQ:A038540
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year KR Govt Bond Rate 3.4%
Equity Risk Premium S&P Global 6.1%
Mortgage Unlevered Beta Simply Wall St/ S&P Global 0.66
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.657 (1 + (1- 30%) (83.05%))
1.026
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.43% + (1.026 * 6.07%)
9.66%

Discounted Cash Flow Calculation for KOSDAQ:A038540 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Sangsangin is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

KOSDAQ:A038540 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (33.8% – 9.66%) * ₩6,417.85)
₩1,547.75
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₩1,547.75 / (9.66% - 3.43%)
₩24,856.96
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₩6,417.85 + ₩24,856.96
₩31274.81
KOSDAQ:A038540 Discount to Share Price
Calculation Result
Value per share (KRW) From above. ₩31,274.81
Current discount Discount to share price of ₩6,290.00
= -1 x (₩6,290.00 - ₩31,274.81) / ₩31,274.81
79.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Sangsangin is available for.
Intrinsic value
>50%
Share price is ₩6290 vs Future cash flow value of ₩31274.81
Current Discount Checks
For Sangsangin to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sangsangin's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sangsangin's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sangsangin's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sangsangin's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
KOSDAQ:A038540 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in KRW ₩2,282.00
KOSDAQ:A038540 Share Price ** KOSDAQ (2020-04-07) in KRW ₩6290
Asia Mortgage Industry PE Ratio Median Figure of 22 Publicly-Listed Mortgage Companies 5.65x
Korea (Republic of) Market PE Ratio Median Figure of 1,321 Publicly-Listed Companies 12.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sangsangin.

KOSDAQ:A038540 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= KOSDAQ:A038540 Share Price ÷ EPS (both in KRW)

= 6290 ÷ 2,282.00

2.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sangsangin is good value based on earnings compared to the Asia Mortgage industry average.
  • Sangsangin is good value based on earnings compared to the Korea (Republic of) market.
Price based on expected Growth
Does Sangsangin's expected growth come at a high price?
Raw Data
KOSDAQ:A038540 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Mortgage Industry PEG Ratio Median Figure of 8 Publicly-Listed Mortgage Companies 0.93x
Korea (Republic of) Market PEG Ratio Median Figure of 354 Publicly-Listed Companies 0.76x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sangsangin, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sangsangin's assets?
Raw Data
KOSDAQ:A038540 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in KRW ₩9,599.42
KOSDAQ:A038540 Share Price * KOSDAQ (2020-04-07) in KRW ₩6290
Asia Mortgage Industry PB Ratio Median Figure of 29 Publicly-Listed Mortgage Companies 0.55x
Korea (Republic of) Market PB Ratio Median Figure of 1,980 Publicly-Listed Companies 0.88x
KOSDAQ:A038540 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= KOSDAQ:A038540 Share Price ÷ Book Value per Share (both in KRW)

= 6290 ÷ 9,599.42

0.66x

* Primary Listing of Sangsangin.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sangsangin is overvalued based on assets compared to the Asia Mortgage industry average.
X
Value checks
We assess Sangsangin's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check)
  5. Sangsangin has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

A038540 Future Performance

 How is Sangsangin expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sangsangin has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.1%
Expected Mortgage industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sangsangin expected to grow at an attractive rate?
  • Unable to compare Sangsangin's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sangsangin's earnings growth to the Korea (Republic of) market average as no estimate data is available.
  • Unable to compare Sangsangin's revenue growth to the Korea (Republic of) market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
KOSDAQ:A038540 Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Mortgage Industry Earnings Growth Rate Market Cap Weighted Average 2.1%
Asia Mortgage Industry Revenue Growth Rate Market Cap Weighted Average -43.3%
Korea (Republic of) Market Earnings Growth Rate Market Cap Weighted Average 27.9%
Korea (Republic of) Market Revenue Growth Rate Market Cap Weighted Average 6.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
KOSDAQ:A038540 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in KRW Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
KOSDAQ:A038540 Past Financials Data
Date (Data in KRW Millions) Revenue Cash Flow Net Income *
2019-12-31 541,350 657,239 126,142
2019-09-30 527,369 -408,040 139,359
2019-06-30 535,708 53,436 135,082
2019-03-31 510,590 -117,756 136,074
2018-12-31 484,382 83,060 136,608
2018-09-30 454,285 -65,647 131,682
2018-06-30 397,331 -580,914 122,500
2018-03-31 424,196 -567,245 121,285
2017-12-31 397,628 -524,389 100,182
2017-09-30 418,612 -446,898 89,400
2017-06-30 388,122 -573,461 87,707
2017-03-31 316,636 -453,215 77,863

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sangsangin is high growth as no earnings estimate data is available.
  • Unable to determine if Sangsangin is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
KOSDAQ:A038540 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sangsangin Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KOSDAQ:A038540 Past Financials Data
Date (Data in KRW Millions) EPS *
2019-12-31 2,282.00
2019-09-30 2,470.46
2019-06-30 2,402.23
2019-03-31 2,431.71
2018-12-31 2,446.00
2018-09-30 2,393.00
2018-06-30 2,223.17
2018-03-31 2,188.37
2017-12-31 1,810.59
2017-09-30 1,613.55
2017-06-30 1,574.92
2017-03-31 1,390.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sangsangin will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Sangsangin is trading at Sangsangin'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Sangsangin's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sangsangin's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sangsangin has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

A038540 Past Performance

  How has Sangsangin performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sangsangin's growth in the last year to its industry (Mortgage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sangsangin has delivered over 20% year on year earnings growth in the past 5 years.
  • Sangsangin's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sangsangin's 1-year earnings growth is negative, it can't be compared to the Asia Mortgage industry average.
Earnings and Revenue History
Sangsangin's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sangsangin Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KOSDAQ:A038540 Past Revenue, Cash Flow and Net Income Data
Date (Data in KRW Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 541,349.88 126,142.20 54,018.94 1,445.17
2019-09-30 527,369.15 139,358.77 47,902.60 1,223.65
2019-06-30 535,707.85 135,082.31 34,904.28 1,223.65
2019-03-31 510,590.38 136,073.99 28,515.69 1,093.94
2018-12-31 484,381.84 136,607.77 28,035.27 947.32
2018-09-30 454,284.52 131,681.91 27,766.26 754.13
2018-06-30 397,331.40 122,499.79 25,907.50 754.13
2018-03-31 424,196.47 121,285.16 23,688.12 736.20
2017-12-31 397,628.35 100,182.15 21,617.00 681.62
2017-09-30 418,612.37 89,399.79 20,397.58 731.51
2017-06-30 388,121.56 87,707.49 19,641.03 731.51
2017-03-31 316,635.92 77,862.73 20,802.67 738.58
2016-12-31 283,866.01 68,231.68 21,351.80 796.24
2016-09-30 227,512.31 56,182.19 20,881.20 741.38
2016-06-30 211,104.56 45,754.98 19,941.08 741.38
2016-03-31 190,349.40 36,854.78 17,134.40 671.65
2015-12-31 171,435.34 31,914.60 16,203.66 503.26
2015-09-30 171,715.35 28,563.08 15,717.11 508.01
2015-06-30 190,128.88 24,660.52 15,323.09 508.01
2015-03-31 205,696.16 20,933.37 15,139.09 502.77
2014-12-31 203,079.43 20,740.59 14,674.53 474.05
2014-09-30 173,286.20 21,447.28 13,644.47 423.26
2014-06-30 139,509.60 19,254.82 12,540.51 423.26
2014-03-31 106,201.47 16,140.96 11,285.30 409.17
2013-12-31 97,953.87 10,442.20 10,665.19 408.11
2013-09-30 103,410.59 3,623.38 11,477.47 452.07
2013-06-30 102,916.56 875.56 10,909.89 452.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sangsangin has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sangsangin used its assets more efficiently than the Asia Mortgage industry average last year based on Return on Assets.
  • Sangsangin's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sangsangin's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sangsangin has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

A038540 Health

 How is Sangsangin's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Sangsangin's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sangsangin Company Filings, last reported 3 months ago.

KOSDAQ:A038540 Past Debt and Equity Data
Date (Data in KRW Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 618,663.10 271,588.39 750,123.60
2019-09-30 598,960.90 348,295.25 396,174.18
2019-06-30 569,310.40 395,814.46 433,343.00
2019-03-31 560,827.67 442,004.66 369,863.43
2018-12-31 431,677.18 100,230.79 187,996.52
2018-09-30 389,593.63 38,558.64 140,559.41
2018-06-30 359,112.61 28,769.38 167,276.99
2018-03-31 328,596.44 1,845.93 203,323.03
2017-12-31 294,247.60 950.00 80,895.58
2017-09-30 259,716.34 3,272.21 106,838.52
2017-06-30 237,684.14 3,132.13 81,859.30
2017-03-31 209,272.25 4,526.14 119,119.45
2016-12-31 194,510.21 2,502.21 119,837.00
2016-09-30 175,080.07 5,652.39 96,109.74
2016-06-30 183,583.46 11,547.32 149,595.67
2016-03-31 162,226.95 13,999.84 121,231.54
2015-12-31 152,556.10 17,255.67 53,208.87
2015-09-30 143,556.54 14,520.13 45,562.13
2015-06-30 128,853.65 15,905.43 34,221.40
2015-03-31 100,612.70 2,885.37 43,201.90
2014-12-31 97,786.38 2,827.94 42,810.28
2014-09-30 93,047.95 15,061.52 50,455.96
2014-06-30 87,036.15 17,726.84 47,632.24
2014-03-31 80,389.28 20,146.96 45,218.77
2013-12-31 77,778.24 21,429.95 64,737.91
2013-09-30 70,339.57 21,230.18 25,066.68
2013-06-30 66,078.66 22,987.12 39,374.05
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Unable to establish if Sangsangin has an acceptable proportion of non-loan assets without balance sheet data.
  • Unable to establish if Sangsangin's liabilities are primarily made up of low risk funding sources without deposits or liabilities data.
  • Sangsangin reports no customer deposits, loans are made up entirely of borrowed funds.
  • Sangsangin's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Unable to establish if Sangsangin has a sufficient allowance for bad loans without relevant financial data.
  • Unable to establish if Sangsangin has an acceptable level of bad loans without bad loans data.
X
Financial health checks
We assess Sangsangin's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sangsangin has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

A038540 Dividends

 What is Sangsangin's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Sangsangin dividends.
If you bought ₩2,000 of Sangsangin shares you are expected to receive ₩0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Sangsangin's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sangsangin's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
KOSDAQ:A038540 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Mortgage Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2%
Korea (Republic of) Market Average Dividend Yield Market Cap Weighted Average of 913 Stocks 2.8%
Korea (Republic of) Minimum Threshold Dividend Yield 10th Percentile 0.6%
Korea (Republic of) Bottom 25% Dividend Yield 25th Percentile 1.2%
Korea (Republic of) Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Sangsangin has not reported any payouts.
  • Unable to verify if Sangsangin's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sangsangin's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sangsangin has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sangsangin's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sangsangin afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sangsangin has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

A038540 Management

 What is the CEO of Sangsangin's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jin-Su Kim
AGE 56
CEO Bio

Mr. Kim Jin-Su serves as the Chief Executive Officer and President of Texcell-Netcom Co., Ltd. Mr. Kim served as an Officer of Texcell-Netcom Co., Ltd. He serves as a Director of Texcell-NetCom Co. Ltd. He Completed Graduate School of Business Administration from Hanyang University.

CEO Compensation
  • Insufficient data for Jin-Su to compare compensation growth.
  • Insufficient data for Jin-Su to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Jin-Su Kim

TITLE
Chief Executive Officer
AGE
56

Won-Yong Chung

TITLE
Executive Officer

Min-Sik Lee

TITLE
Executive Officer

Jun-Ho Yu

TITLE
Executive Officer

Nam-Jun Kim

TITLE
Executive Officer

Jung-Sik Park

TITLE
Executive Officer

Yong-Sun Lee

TITLE
Executive Officer

Myung-Hyun Song

TITLE
Executive Officer

Jae-Deok Park

TITLE
Executive Officer

Kyung-Deuk Park

TITLE
Executive Officer
Board of Directors

Jin-Su Kim

TITLE
Chief Executive Officer
AGE
56

Tae-Ho Jegal

TITLE
Director
AGE
59

In-Hyun Kim

TITLE
Director
AGE
61
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₩) Value (₩)
X
Management checks
We assess Sangsangin's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sangsangin has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

A038540 News

Simply Wall St News

A038540 Company Info

Description

Sangsangin Co., Ltd. provides total services for building information and technology infrastructure in South Korea and internationally. The company provides network consulting solutions comprising network analysis, diagnosis design, and implementation to operation and management; IP telephony solutions, including IP PBX for converging voice and data communication; and outsourcing services, such as trustee network management, and design and implementation through network consulting, network equipment, line maintenance, and NMS services. Its network solutions also comprise information security solutions, including encrypted private line equipment and Internet firewalls, as well as Internet VPN, IDS/IPS, and viruswall security solutions in a broadband environment; and wireless Internet solutions. In addition, the company offers household, industrial, and communication relays. Further, it provides storage and data backup, SAN switching, protection, and management solutions; document management systems; and control and communications equipment and systems for digitalized convenience. The company serves public bodies, financial institutions, general companies, and educational institutions. The company was formerly known as Texcell-NetCom Co., Ltd. Sangsangin Co., Ltd. was founded in 1989 and is based in Seoul, South Korea.

Details
Name: Sangsangin Co., Ltd.
A038540
Exchange: KOSDAQ
Founded: 1989
₩344,215,696,040
54,724,276
Website: http://www.texcell-netcom.co.kr
Address: Sangsangin Co., Ltd.
World Meridian II,
13 Floor,
Seoul,
153-759,
South Korea
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
KOSDAQ A038540 Common Stock KOSDAQ KR KRW 14. Sep 2000
Number of employees
Current staff
Staff numbers
0
Sangsangin employees.
Industry
Thrifts and Mortgage Finance
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 15:13
End of day share price update: 2020/04/07 00:00
Last earnings filing: 2020/03/16
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.