Michang Oil Ind  .Co.,Ltd. Logo

Michang Oil Ind .Co.,Ltd.

003650.KS

(2.8)
Stock Price

93.600,00 KRW

12.41% ROA

16.86% ROE

2.38x PER

Market Cap.

150.238.616.100,00 KRW

12.33% DER

2.82% Yield

15.2% NPM

Michang Oil Ind .Co.,Ltd. Stock Analysis

Michang Oil Ind .Co.,Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Michang Oil Ind .Co.,Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

2 PBV

The stock's low PBV ratio (0.32x) suggests it's undervalued, making it an attractive opportunity for investors.

3 DER

The stock has a minimal amount of debt (7%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

5 ROE

The stock's ROE falls within an average range (13.43%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

6 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

7 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (1.114.339), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

11 Dividend

Investors should note the absence of dividends from the company in the last three years, indicating potential financial challenges.

Michang Oil Ind .Co.,Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Michang Oil Ind .Co.,Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Michang Oil Ind .Co.,Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Michang Oil Ind .Co.,Ltd. Revenue
Year Revenue Growth
2007 203.291.382.000
2008 313.231.928.000 35.1%
2009 283.108.914.000 -10.64%
2010 339.331.180.000 16.57%
2011 397.739.649.640 14.69%
2012 410.608.525.990 3.13%
2013 370.332.621.950 -10.88%
2014 355.665.836.370 -4.12%
2015 309.317.376.120 -14.98%
2016 280.598.372.860 -10.23%
2017 313.159.052.110 10.4%
2018 316.299.559.900 0.99%
2019 323.727.562.310 2.29%
2020 277.578.234.920 -16.63%
2021 406.292.672.740 31.68%
2022 418.789.690.000 2.98%
2023 375.861.962.960 -11.42%
2023 409.234.735.562 8.15%
2024 469.429.807.868 12.82%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Michang Oil Ind .Co.,Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2007 0
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Michang Oil Ind .Co.,Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 680.038.000
2008 777.645.000 12.55%
2009 749.639.000 -3.74%
2010 921.987.000 18.69%
2011 963.666.000 4.33%
2012 928.695.000 -3.77%
2013 1.033.086.000 10.1%
2014 1.069.247.000 3.38%
2015 1.119.576.000 4.5%
2016 1.177.124.000 4.89%
2017 1.236.689.000 4.82%
2018 1.311.081.000 5.67%
2019 1.302.321.000 -0.67%
2020 1.204.980.000 -8.08%
2021 1.402.142.000 14.06%
2022 13.882.318.000 89.9%
2023 1.231.112.000 -1027.62%
2023 1.322.445.000 6.91%
2024 13.689.156.000 90.34%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Michang Oil Ind .Co.,Ltd. EBITDA
Year EBITDA Growth
2007 16.209.387.000
2008 31.762.962.000 48.97%
2009 35.895.687.000 11.51%
2010 28.961.535.000 -23.94%
2011 25.125.230.000 -15.27%
2012 32.936.573.600 23.72%
2013 24.233.491.130 -35.91%
2014 22.927.020.420 -5.7%
2015 34.741.886.580 34.01%
2016 24.245.078.000 -43.29%
2017 20.420.361.030 -18.73%
2018 18.436.403.950 -10.76%
2019 26.576.050.870 30.63%
2020 25.357.934.980 -4.8%
2021 45.541.203.140 44.32%
2022 57.886.862.000 21.33%
2023 24.946.783.120 -132.04%
2023 51.325.149.020 51.39%
2024 50.767.153.400 -1.1%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Michang Oil Ind .Co.,Ltd. Gross Profit
Year Gross Profit Growth
2007 22.272.963.000
2008 32.875.023.000 32.25%
2009 45.052.546.000 27.03%
2010 36.623.732.000 -23.01%
2011 35.716.271.450 -2.54%
2012 45.567.608.800 21.62%
2013 37.137.631.250 -22.7%
2014 33.586.059.710 -10.57%
2015 37.961.830.070 11.53%
2016 32.960.277.230 -15.17%
2017 31.278.036.370 -5.38%
2018 25.487.946.070 -22.72%
2019 30.201.464.020 15.61%
2020 31.692.690.200 4.71%
2021 49.873.279.700 36.45%
2022 57.886.862.000 13.84%
2023 53.592.808.520 -8.01%
2023 61.552.920.930 12.93%
2024 61.101.710.708 -0.74%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Michang Oil Ind .Co.,Ltd. Net Profit
Year Net Profit Growth
2007 10.745.742.000
2008 21.462.117.000 49.93%
2009 25.266.808.000 15.06%
2010 21.712.083.000 -16.37%
2011 20.913.329.300 -3.82%
2012 24.673.346.990 15.24%
2013 17.440.262.600 -41.47%
2014 15.983.778.980 -9.11%
2015 25.104.675.330 36.33%
2016 30.731.864.740 18.31%
2017 12.474.823.050 -146.35%
2018 10.722.193.360 -16.35%
2019 17.725.946.970 39.51%
2020 19.679.047.780 9.92%
2021 33.138.620.860 40.62%
2022 23.383.233.920 -41.72%
2023 17.842.731.240 -31.05%
2023 47.646.133.460 62.55%
2024 117.431.012.000 59.43%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Michang Oil Ind .Co.,Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 6.235
2008 12.453 49.93%
2009 14.660 15.05%
2010 12.598 -16.37%
2011 12.134 -3.82%
2012 14.316 15.24%
2013 10.119 -41.48%
2014 9.274 -9.11%
2015 14.566 36.33%
2016 17.831 18.31%
2017 7.310 -143.93%
2018 6.593 -10.88%
2019 11.365 41.99%
2020 12.961 12.31%
2021 21.902 40.82%
2022 15.455 -41.71%
2023 11.792 -31.06%
2023 31.491 62.55%
2024 77.612 59.43%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Michang Oil Ind .Co.,Ltd. Free Cashflow
Year Free Cashflow Growth
2007 4.915.099.000
2008 3.557.189.000 -38.17%
2009 23.330.406.000 84.75%
2010 -7.689.749.000 403.4%
2011 -19.785.695.740 61.13%
2012 16.729.355.800 218.27%
2013 8.632.130.800 -93.8%
2014 26.048.481.970 66.86%
2015 35.511.844.240 26.65%
2016 24.509.939.030 -44.89%
2017 -9.133.483.150 368.35%
2018 2.673.013.740 441.69%
2019 -1.540.759.270 273.49%
2020 34.014.658.650 104.53%
2021 13.579.828.430 -150.48%
2022 14.171.187.620 4.17%
2023 17.628.377.050 19.61%
2023 53.272.363.406 66.91%
2024 12.315.936.191 -332.55%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Michang Oil Ind .Co.,Ltd. Operating Cashflow
Year Operating Cashflow Growth
2007 5.617.161.000
2008 5.035.211.000 -11.56%
2009 24.380.495.000 79.35%
2010 7.210.252.000 -238.14%
2011 -2.843.818.740 353.54%
2012 23.712.163.400 111.99%
2013 21.393.799.700 -10.84%
2014 29.252.983.110 26.87%
2015 40.173.134.740 27.18%
2016 28.601.071.900 -40.46%
2017 -4.459.788.050 741.31%
2018 12.085.661.090 136.9%
2019 6.475.024.620 -86.65%
2020 38.164.011.400 83.03%
2021 15.235.779.430 -150.49%
2022 15.317.035.600 0.53%
2023 17.699.118.250 13.46%
2023 54.096.845.156 67.28%
2024 13.138.296.191 -311.75%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Michang Oil Ind .Co.,Ltd. Capital Expenditure
Year Capital Expenditure Growth
2007 702.062.000
2008 1.478.022.000 52.5%
2009 1.050.089.000 -40.75%
2010 14.900.001.000 92.95%
2011 16.941.877.000 12.05%
2012 6.982.807.600 -142.62%
2013 12.761.668.900 45.28%
2014 3.204.501.140 -298.24%
2015 4.661.290.500 31.25%
2016 4.091.132.870 -13.94%
2017 4.673.695.100 12.46%
2018 9.412.647.350 50.35%
2019 8.015.783.890 -17.43%
2020 4.149.352.750 -93.18%
2021 1.655.951.000 -150.57%
2022 1.145.847.980 -44.52%
2023 70.741.200 -1519.77%
2023 824.481.750 91.42%
2024 822.360.000 -0.26%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Michang Oil Ind .Co.,Ltd. Equity
Year Equity Growth
2007 71.875.979.000
2008 89.900.615.000 20.05%
2009 112.814.174.000 20.31%
2010 132.089.347.000 14.59%
2011 148.276.700.780 10.92%
2012 167.970.090.580 11.72%
2013 181.702.940.220 7.56%
2014 194.285.064.530 6.48%
2015 215.892.059.500 10.01%
2016 243.842.607.290 11.46%
2017 247.926.169.040 1.65%
2018 250.058.031.290 0.85%
2019 257.948.506.700 3.06%
2020 277.127.438.820 6.92%
2021 301.981.928.760 8.23%
2022 321.144.707.000 5.97%
2023 351.995.517.070 8.76%
2023 364.859.820.231 3.53%
2024 406.605.657.967 10.27%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Michang Oil Ind .Co.,Ltd. Assets
Year Assets Growth
2007 92.204.202.000
2008 127.804.244.000 27.86%
2009 165.312.768.000 22.69%
2010 182.267.163.000 9.3%
2011 194.067.727.470 6.08%
2012 203.119.301.330 4.46%
2013 206.853.939.040 1.81%
2014 215.671.274.730 4.09%
2015 251.659.948.150 14.3%
2016 280.205.805.790 10.19%
2017 280.843.555.210 0.23%
2018 283.167.976.400 0.82%
2019 295.367.498.210 4.13%
2020 311.812.975.370 5.27%
2021 347.596.979.800 10.29%
2022 357.326.203.000 2.72%
2023 407.171.757.230 12.24%
2023 416.240.456.536 2.18%
2024 509.878.676.461 18.36%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Michang Oil Ind .Co.,Ltd. Liabilities
Year Liabilities Growth
2007 20.328.223.000
2008 37.903.628.000 46.37%
2009 52.498.594.000 27.8%
2010 50.177.816.000 -4.63%
2011 45.791.026.690 -9.58%
2012 35.149.211.500 -30.28%
2013 25.150.998.820 -39.75%
2014 21.386.210.200 -17.6%
2015 35.767.888.650 40.21%
2016 36.363.198.500 1.64%
2017 32.917.386.170 -10.47%
2018 33.109.945.110 0.58%
2019 37.418.991.520 11.52%
2020 34.685.536.550 -7.88%
2021 45.615.051.050 23.96%
2022 36.181.496.000 -26.07%
2023 55.176.240.160 34.43%
2023 51.380.636.305 -7.39%
2024 103.273.018.494 50.25%

Michang Oil Ind .Co.,Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
275118.77
Net Income per Share
41807.18
Price to Earning Ratio
2.38x
Price To Sales Ratio
0.36x
POCF Ratio
3.23
PFCF Ratio
3.38
Price to Book Ratio
0.37
EV to Sales
0.43
EV Over EBITDA
4.02
EV to Operating CashFlow
3.82
EV to FreeCashFlow
4
Earnings Yield
0.42
FreeCashFlow Yield
0.3
Market Cap
150,24 Bil.
Enterprise Value
177,69 Bil.
Graham Number
502790.36
Graham NetNet
147426.41

Income Statement Metrics

Net Income per Share
41807.18
Income Quality
0.73
ROE
0.17
Return On Assets
0.12
Return On Capital Employed
0.11
Net Income per EBT
0.77
EBT Per Ebit
1.79
Ebit per Revenue
0.11
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.14
Operating Profit Margin
0.11
Pretax Profit Margin
0.2
Net Profit Margin
0.15

Dividends

Dividend Yield
0.03
Dividend Yield %
2.82
Payout Ratio
0.07
Dividend Per Share
2800

Operating Metrics

Operating Cashflow per Share
30722.35
Free CashFlow per Share
29353.29
Capex to Operating CashFlow
0.04
Capex to Revenue
0
Capex to Depreciation
0.63
Return on Invested Capital
0.08
Return on Tangible Assets
0.12
Days Sales Outstanding
86.24
Days Payables Outstanding
27.15
Days of Inventory on Hand
54.43
Receivables Turnover
4.23
Payables Turnover
13.45
Inventory Turnover
6.71
Capex per Share
1369.06

Balance Sheet

Cash per Share
149.343,54
Book Value per Share
268.745,08
Tangible Book Value per Share
268745.08
Shareholders Equity per Share
268745.06
Interest Debt per Share
33855.43
Debt to Equity
0.12
Debt to Assets
0.1
Net Debt to EBITDA
0.62
Current Ratio
4.12
Tangible Asset Value
406,61 Bil.
Net Current Asset Value
280,79 Bil.
Invested Capital
329385857185
Working Capital
290,95 Bil.
Intangibles to Total Assets
0
Average Receivables
97,30 Bil.
Average Payables
28,71 Bil.
Average Inventory
55269550589
Debt to Market Cap
0.33

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Michang Oil Ind .Co.,Ltd. Dividends
Year Dividends Growth
2000 500
2001 1.050 52.38%
2002 800 -31.25%
2003 750 -6.67%
2004 850 11.76%
2005 650 -30.77%
2006 700 7.14%
2007 1.200 41.67%
2008 2.100 42.86%
2009 2.300 8.7%
2010 2.000 -15%
2011 2.000 0%
2012 2.300 13.04%
2013 1.900 -21.05%
2014 1.800 -5.56%
2015 2.100 14.29%
2016 2.200 4.55%
2017 1.700 -29.41%
2018 1.600 -6.25%
2019 2.000 20%
2020 2.100 4.76%
2021 2.500 16%
2022 2.500 0%
2023 2.800 10.71%

Michang Oil Ind .Co.,Ltd. Profile

About Michang Oil Ind .Co.,Ltd.

Michang Oil Ind. Co., Ltd. engages in the petrochemical business in South Korea. It offers automotive lubricants, including motor, gasoline engine, diesel engine, gear, and automatic transmission oils, as well as other application oils; and transformer oils. The company also provides industrial lubricants, such as hydraulic, gear, turbine, and heat transfer oils; and rubber process oils, such as paraffin, naphthene, and aroma. In addition, it offers technical grade white oils; and white mineral oil consisting of food, cosmetic, and pharma grades. The company was founded in 1962 and is headquartered in Busan, South Korea.

CEO
Jae-Soon Yoo
Employee
78
Address
241, Haeyang-ro
Busan,

Michang Oil Ind .Co.,Ltd. Executives & BODs

Michang Oil Ind .Co.,Ltd. Executives & BODs
# Name Age
1 Chu-Gon Kim
Director of Production Division and Director
70
2 Chang-Ryool Gong
Managing Director, Head of International Affair Team and Director
70
3 Su-Tae Kim
Managing Director, Chief of New Port Business Group and Director
70
4 Jin-Soo Lee
Chief of Seoul Office and Director
70
5 Dae-Dong Noh
Head Quality Guarantee Team and Director
70
6 Jae-Soon Yoo
Chief Executive Officer and Director
70
7 Sung-Wook Bae
Managing Director, Director of Sales Division and Director
70

Michang Oil Ind .Co.,Ltd. Competitors