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Taihan Electric Wire

KOSE:A001440
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
A001440
KOSE
₩429B
Market Cap
  1. Home
  2. KR
  3. Capital Goods
Company description

Taihan Electric Wire Co., Ltd. designs, manufactures, and sells power generation and communication cables in South Korea and internationally. The last earnings update was 16 days ago. More info.


Add to Portfolio Compare Print
  • Taihan Electric Wire has significant price volatility in the past 3 months.
A001440 Share Price and Events
7 Day Returns
6.5%
KOSE:A001440
8.3%
KR Electrical
1.9%
KR Market
1 Year Returns
-54.5%
KOSE:A001440
-37.2%
KR Electrical
-21.8%
KR Market
A001440 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Taihan Electric Wire (A001440) 6.5% -14.5% -18.8% -54.5% -71.2% -
KR Electrical 8.3% -22.7% -26.8% -37.2% -58.1% -61.1%
KR Market 1.9% -14.7% -19.6% -21.8% -19.8% -22%
1 Year Return vs Industry and Market
  • A001440 underperformed the Electrical industry which returned -37.2% over the past year.
  • A001440 underperformed the Market in Korea (Republic of) which returned -21.8% over the past year.
Price Volatility
A001440
Industry
5yr Volatility vs Market

A001440 Value

 Is Taihan Electric Wire 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 Taihan Electric Wire 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 Taihan Electric Wire.

KOSE:A001440 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 14.7%
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 KOSE:A001440
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year KR Govt Bond Rate 3.4%
Equity Risk Premium S&P Global 6.1%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.115 (1 + (1- 30%) (149.1%))
1.857
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.86
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.43% + (1.857 * 6.07%)
14.7%

Discounted Cash Flow Calculation for KOSE:A001440 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Taihan Electric Wire is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

KOSE:A001440 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (KRW, Millions) Source Present Value
Discounted (@ 14.7%)
2020 105,462.24 Est @ 59.35% 91,946.16
2021 150,358.13 Est @ 42.57% 114,287.86
2022 196,711.15 Est @ 30.83% 130,358.31
2023 241,185.34 Est @ 22.61% 139,346.88
2024 281,837.66 Est @ 16.86% 141,965.22
2025 317,990.82 Est @ 12.83% 139,647.80
2026 349,816.48 Est @ 10.01% 133,935.70
2027 377,923.71 Est @ 8.03% 126,152.78
2028 403,068.47 Est @ 6.65% 117,302.72
2029 425,988.46 Est @ 5.69% 108,084.57
Present value of next 10 years cash flows ₩1,243,027.00
KOSE:A001440 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ₩425,988.46 × (1 + 3.43%) ÷ (14.7% – 3.43%)
₩3,909,493.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₩3,909,493.32 ÷ (1 + 14.7%)10
₩991,942.12
KOSE:A001440 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₩1,243,027.00 + ₩991,942.12
₩2,234,969.12
Equity Value per Share
(KRW)
= Total value / Shares Outstanding
= ₩2,234,969.12 / 846.87
₩2639.11
KOSE:A001440 Discount to Share Price
Calculation Result
Value per share (KRW) From above. ₩2,639.11
Current discount Discount to share price of ₩507.00
= -1 x (₩507.00 - ₩2,639.11) / ₩2,639.11
80.8%

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

Current Discount
Amount off the current price Taihan Electric Wire is available for.
Intrinsic value
>50%
Share price is ₩507 vs Future cash flow value of ₩2639.11
Current Discount Checks
For Taihan Electric Wire to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Taihan Electric Wire's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Taihan Electric Wire'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 Taihan Electric Wire's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Taihan Electric Wire's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
KOSE:A001440 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in KRW ₩-13.68
KOSE:A001440 Share Price ** KOSE (2020-04-03) in KRW ₩507
Korea (Republic of) Electrical Industry PE Ratio Median Figure of 37 Publicly-Listed Electrical Companies 12.69x
Korea (Republic of) Market PE Ratio Median Figure of 1,311 Publicly-Listed Companies 12.31x

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

** Primary Listing of Taihan Electric Wire.

KOSE:A001440 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= KOSE:A001440 Share Price ÷ EPS (both in KRW)

= 507 ÷ -13.68

-37.06x

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

  • Taihan Electric Wire is loss making, we can't compare its value to the KR Electrical industry average.
  • Taihan Electric Wire is loss making, we can't compare the value of its earnings to the Korea (Republic of) market.
Price based on expected Growth
Does Taihan Electric Wire's expected growth come at a high price?
Raw Data
KOSE:A001440 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -37.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Korea (Republic of) Electrical Industry PEG Ratio Median Figure of 7 Publicly-Listed Electrical Companies 0.68x
Korea (Republic of) Market PEG Ratio Median Figure of 356 Publicly-Listed Companies 0.71x

*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 Taihan Electric Wire, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Taihan Electric Wire's assets?
Raw Data
KOSE:A001440 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in KRW ₩333.03
KOSE:A001440 Share Price * KOSE (2020-04-03) in KRW ₩507
Korea (Republic of) Electrical Industry PB Ratio Median Figure of 53 Publicly-Listed Electrical Companies 0.75x
Korea (Republic of) Market PB Ratio Median Figure of 1,954 Publicly-Listed Companies 0.84x
KOSE:A001440 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= KOSE:A001440 Share Price ÷ Book Value per Share (both in KRW)

= 507 ÷ 333.03

1.52x

* Primary Listing of Taihan Electric Wire.

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

  • Taihan Electric Wire is overvalued based on assets compared to the KR Electrical industry average.
X
Value checks
We assess Taihan Electric Wire'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 Electrical 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 Electrical industry average (and greater than 0)? (1 check)
  5. Taihan Electric Wire has a total score of 2/6, 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.

A001440 Future Performance

 How is Taihan Electric Wire 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 Taihan Electric Wire 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
53.8%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Taihan Electric Wire expected to grow at an attractive rate?
  • Unable to compare Taihan Electric Wire's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Taihan Electric Wire's earnings growth to the Korea (Republic of) market average as no estimate data is available.
  • Unable to compare Taihan Electric Wire's revenue growth to the Korea (Republic of) market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
KOSE:A001440 Future Growth Rates Data Sources
Data Point Source Value (per year)
Korea (Republic of) Electrical Industry Earnings Growth Rate Market Cap Weighted Average 53.8%
Korea (Republic of) Electrical Industry Revenue Growth Rate Market Cap Weighted Average 14.8%
Korea (Republic of) Market Earnings Growth Rate Market Cap Weighted Average 27.8%
Korea (Republic of) Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
KOSE:A001440 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.
KOSE:A001440 Past Financials Data
Date (Data in KRW Millions) Revenue Cash Flow Net Income *
2019-12-31 1,554,740 79,182 -11,725
2019-09-30 1,545,455 18,300 -2,552
2019-06-30 1,577,282 27,854 -5,713
2019-03-31 1,645,098 33,571 8,461
2018-12-31 1,648,815 14,355 602
2018-09-30 1,623,778 26,191 -5,155
2018-06-30 1,590,110 -10,791 -12,539
2018-03-31 1,569,072 -52,664 -19,715
2017-12-31 1,570,232 31,863 -4,761
2017-09-30 1,517,173 -28,508 -8,617
2017-06-30 1,472,150 -33,858 10,546
2017-03-31 1,387,478 5,952 -15,939

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Taihan Electric Wire is high growth as no earnings estimate data is available.
  • Unable to determine if Taihan Electric Wire 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
KOSE:A001440 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 Taihan Electric Wire Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KOSE:A001440 Past Financials Data
Date (Data in KRW Millions) EPS *
2019-12-31 -13.68
2019-09-30 -3.01
2019-06-30 -6.75
2019-03-31 10.00
2018-12-31 0.61
2018-09-30 -6.01
2018-06-30 -14.68
2018-03-31 -23.10
2017-12-31 -5.57
2017-09-30 -10.27
2017-06-30 12.61
2017-03-31 -18.49

*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 Taihan Electric Wire will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Taihan Electric Wire's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Taihan Electric Wire'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 Capital Goods 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 Taihan Electric Wire'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 Korea (Republic of) market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Korea (Republic of) 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.
Taihan Electric Wire 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.

A001440 Past Performance

  How has Taihan Electric Wire 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 Taihan Electric Wire's growth in the last year to its industry (Electrical).
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.
  • Taihan Electric Wire does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Taihan Electric Wire's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Taihan Electric Wire's 1-year growth to the KR Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Taihan Electric Wire'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 Taihan Electric Wire Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KOSE:A001440 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 1,554,739.98 -11,724.55 55,396.03
2019-09-30 1,545,454.82 -2,551.93 62,694.85
2019-06-30 1,577,281.89 -5,712.78 66,233.29
2019-03-31 1,645,098.32 8,460.92 68,288.50
2018-12-31 1,648,815.01 602.01 71,603.33
2018-09-30 1,623,777.70 -5,154.63 67,453.67
2018-06-30 1,590,109.88 -12,538.83 63,452.56
2018-03-31 1,569,072.45 -19,715.14 70,406.97
2017-12-31 1,570,231.92 -4,760.65 71,142.50
2017-09-30 1,517,173.40 -8,616.57 85,324.76
2017-06-30 1,472,150.05 10,545.63 93,952.56
2017-03-31 1,387,478.10 -15,938.70 90,059.48
2016-12-31 1,374,010.60 -17,977.90 94,438.11
2016-09-30 1,355,684.95 -96,630.37 95,696.13
2016-06-30 1,414,685.84 -91,848.54 105,461.70
2016-03-31 1,578,457.31 -47,930.12 117,403.49
2015-12-31 1,688,712.59 -44,683.63 110,199.30
2015-09-30 1,860,168.15 -84,025.31 108,604.01
2015-06-30 1,968,711.16 -120,169.43 106,766.31
2015-03-31 2,022,875.76 -182,551.68 131,851.47
2014-12-31 2,117,901.17 -217,058.95 145,482.40
2014-09-30 2,188,978.23 -182,892.68 179,115.07
2014-06-30 2,284,191.28 -513,902.10 481,106.69
2014-03-31 2,417,826.95 -557,208.78 455,177.20
2013-12-31 2,513,455.50 -582,776.93 472,290.98
2013-09-30 2,518,563.90 -814,913.64 622,037.05
2013-06-30 2,572,799.64 -485,593.74 307,351.44

*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.
  • It is difficult to establish if Taihan Electric Wire has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Taihan Electric Wire used its assets less efficiently than the KR Electrical industry average last year based on Return on Assets.
  • It is difficult to establish if Taihan Electric Wire improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Taihan Electric Wire'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 Electrical 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.
Taihan Electric Wire has a total score of 0/6, 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.

A001440 Health

 How is Taihan Electric Wire's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Taihan Electric Wire's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Taihan Electric Wire's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Taihan Electric Wire's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Taihan Electric Wire'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.1x debt.
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 Taihan Electric Wire Company Filings, last reported 3 months ago.

KOSE:A001440 Past Debt and Equity Data
Date (Data in KRW Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 312,646.59 634,410.23 200,277.79
2019-09-30 305,367.97 618,103.39 129,918.94
2019-06-30 307,397.97 625,783.57 138,021.59
2019-03-31 321,933.22 617,772.21 116,847.79
2018-12-31 321,919.02 589,024.48 114,698.98
2018-09-30 317,929.92 619,500.37 143,341.46
2018-06-30 329,820.72 594,758.01 114,081.12
2018-03-31 326,594.42 606,437.41 91,861.04
2017-12-31 334,776.09 643,282.71 112,629.13
2017-09-30 320,785.08 649,906.79 113,461.38
2017-06-30 316,089.59 658,406.63 161,811.97
2017-03-31 302,934.43 643,335.66 174,740.60
2016-12-31 347,554.53 674,749.43 162,666.67
2016-09-30 288,660.09 649,178.11 193,024.23
2016-06-30 280,439.71 636,891.82 222,191.86
2016-03-31 371,435.20 737,024.41 213,276.38
2015-12-31 354,245.08 765,168.06 202,949.55
2015-09-30 444,672.16 887,582.73 346,845.06
2015-06-30 82,170.74 1,095,977.41 82,779.19
2015-03-31 73,950.50 1,205,909.65 70,635.83
2014-12-31 73,419.74 1,137,218.81 57,795.82
2014-09-30 217,126.18 1,163,583.25 56,877.72
2014-06-30 244,373.30 1,136,320.99 57,970.89
2014-03-31 253,510.20 1,260,940.03 67,092.15
2013-12-31 271,124.99 1,205,764.35 92,810.42
2013-09-30 -329,421.00 1,927,021.15 100,348.74
2013-06-30 32,219.11 1,917,744.97 126,273.76
  • Taihan Electric Wire's level of debt (202.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (1549.8% vs 202.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Taihan Electric Wire has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Taihan Electric Wire has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -40.9% per year.
X
Financial health checks
We assess Taihan Electric Wire'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. Taihan Electric Wire has a total score of 4/6, 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.

A001440 Dividends

 What is Taihan Electric Wire'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 Taihan Electric Wire dividends.
If you bought ₩2,000 of Taihan Electric Wire 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 Taihan Electric Wire's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Taihan Electric Wire'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
KOSE:A001440 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
Korea (Republic of) Electrical Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 2.6%
Korea (Republic of) Market Average Dividend Yield Market Cap Weighted Average of 908 Stocks 2.9%
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 3.9%

Industry and Market average data is calculated daily.

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

KOSE:A001440 Past Annualized Dividends Data
Date (Data in ₩) Dividend per share (annual) Avg. Yield (%)
2010-08-26 0.000 0.000
2010-08-13 0.000 0.000
2010-04-02 0.000 0.000
2010-03-31 0.000 0.000
2009-04-16 17,500.000 0.856

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

  • Unable to perform a dividend volatility check as Taihan Electric Wire has not reported any payouts.
  • Unable to verify if Taihan Electric Wire's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Taihan Electric Wire's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Taihan Electric Wire 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 Taihan Electric Wire'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 Taihan Electric Wire afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Taihan Electric Wire 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.

A001440 Management

 What is the CEO of Taihan Electric Wire'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-young Choi
CEO Bio

Mr. Jin-Young Choi serves as the Chief Executive Officer at Taihan Electric Wire Co., Ltd.

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

Gwang-Seok Lee

TITLE
Head of Human Resources Division

Kyung-Jin Song

TITLE
Head of Wire & Cable Business Division

Ji-Hyuk Kwon

TITLE
Head of Corporate Strategy Division

Young-Min Kim

TITLE
Senior Executive Vice President

Jong-Wuk Yim

TITLE
Executive
AGE
71

Jun-Young Ha

TITLE
Executive

Ju-Sung Kim

TITLE
Executive

Hong-Gil Kim

TITLE
Executive
AGE
65

Jin-young Choi

TITLE
Chief Executive Officer

Yoon-Seok Seol

TITLE
Vice Chairman and General Director
AGE
38
Board of Directors

Kwan-Ho Son

TITLE
Chairman
AGE
71

Yoon-Seok Seol

TITLE
Vice Chairman and General Director
AGE
38

Chang-Bun Yoon

TITLE
Outside Director
AGE
65

Dae-Hee Park

TITLE
Outside Director
AGE
65

Dong-Suk Cho

TITLE
Outside Director
AGE
65

Jin-Ho Jang

TITLE
Outside Director
AGE
54

InJun Song

TITLE
Non-Executive Director
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 Taihan Electric Wire'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. Taihan Electric Wire 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.

A001440 News

Simply Wall St News

A001440 Company Info

Description

Taihan Electric Wire Co., Ltd. designs, manufactures, and sells power generation and communication cables in South Korea and internationally. The company provides extra-high voltage cables, overhead transmission lines, electric power cables, insulated wires, nuclear cables, halogen-free flame retardant cables, fire protection cables, control cables, instrumentation/signal cables, high voltage direct current cables, and subsea cables. It also offers communication, data, wireless communication, railway signaling, and optical cables; copper rods and magnet wires; and heating systems, trolley wires, and factory automation cables. The company was founded in 1955 and is based in Anyang, South Korea.

Details
Name: Taihan Electric Wire Co., Ltd.
A001440
Exchange: KOSE
Founded: 1955
₩429,360,694,425
846,865,275
Website: http://www.taihan.com
Address: Taihan Electric Wire Co., Ltd.
Taihan Smart Tower,
317 Simin-daero,
Anyang,
Gyeonggi-do, South Korea
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
KOSE A001440 Common Stock Korea Stock Exchange KR KRW 02. Jan 1992
Number of employees
Current staff
Staff numbers
0
Taihan Electric Wire employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 14:34
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/03/19
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.