Tae Kwang Corporation Logo

Tae Kwang Corporation

023160.KQ

(0.0)
Stock Price

13.970,00 KRW

9.06% ROA

10.92% ROE

6.97x PER

Market Cap.

365.245.457.040,00 KRW

0% DER

1.2% Yield

17.6% NPM

Tae Kwang Corporation Stock Analysis

Tae Kwang Corporation 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.

Tae Kwang Corporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

Unidentified ROE

2 ROA

Unidentified ROA

3 PBV

Unidentified ROA

4 DER

Unidentified DER

5 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

6 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.

7 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Graham Number

Unidentified Graham Number

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

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

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (0) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Tae Kwang Corporation 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.

Tae Kwang Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Sell
4 Stoch RSI Buy

Tae Kwang Corporation 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.

Tae Kwang Corporation Revenue
Year Revenue Growth
2012 356.879.822.600
2017 184.151.389.030 -93.8%
2018 158.648.381.680 -16.08%
2019 189.754.435.070 16.39%
2020 188.404.258.360 -0.72%
2021 185.147.913.260 -1.76%
2022 249.742.674.190 25.86%
2023 328.894.440.720 24.07%

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.

Tae Kwang Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2012 0
2017 364.590.000 100%
2018 398.449.000 8.5%
2019 425.995.000 6.47%
2020 394.748.000 -7.92%
2021 60.617.000 -551.22%
2022 601.000 -9986.02%
2023 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.

Tae Kwang Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 0
2017 113.928.000 100%
2018 128.080.999 11.05%
2019 149.174.000 14.14%
2020 71.898.000 -107.48%
2021 179.583.000 59.96%
2022 322.729.000 44.35%
2023 401.020.000 19.52%

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.

Tae Kwang Corporation EBITDA
Year EBITDA Growth
2012 -3.598.404.915
2017 9.687.848.150 137.14%
2018 9.148.516.690 -5.9%
2019 8.200.175.690 -11.56%
2020 3.301.346.040 -148.39%
2021 22.610.766.640 85.4%
2022 54.245.404.620 58.32%
2023 81.456.555.960 33.41%

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.

Tae Kwang Corporation Gross Profit
Year Gross Profit Growth
2012 74.982.555.859
2017 24.385.428.150 -207.49%
2018 22.697.922.700 -7.43%
2019 22.013.773.980 -3.11%
2020 18.983.811.110 -15.96%
2021 36.418.832.140 47.87%
2022 74.008.717.240 50.79%
2023 104.367.585.960 29.09%

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.

Tae Kwang Corporation Net Profit
Year Net Profit Growth
2012 33.191.972.373
2017 -16.226.022.310 304.56%
2018 10.057.977.480 261.32%
2019 7.435.143.360 -35.28%
2020 -5.017.529.030 248.18%
2021 15.218.115.450 132.97%
2022 35.770.822.080 57.46%
2023 68.147.761.480 47.51%

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.

Tae Kwang Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 1.301
2017 -627 307.34%
2018 389 261.6%
2019 287 -35.19%
2020 -194 248.7%
2021 588 132.82%
2022 1.383 57.45%
2023 2.635 47.53%

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.

Tae Kwang Corporation Free Cashflow
Year Free Cashflow Growth
2012 25.716.019.251
2017 12.353.755.550 -108.16%
2018 2.346.391.510 -426.5%
2019 -45.111.745.640 105.2%
2020 29.661.566.970 252.09%
2021 23.927.117.980 -23.97%
2022 39.159.997.720 38.9%
2023 12.200.632.130 -220.97%

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.

Tae Kwang Corporation Operating Cashflow
Year Operating Cashflow Growth
2012 40.639.868.047
2017 17.133.762.990 -137.19%
2018 5.591.106.140 -206.45%
2019 -30.409.013.880 118.39%
2020 48.126.102.860 163.19%
2021 41.256.481.570 -16.65%
2022 46.306.029.900 10.9%
2023 17.711.669.840 -161.44%

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.

Tae Kwang Corporation Capital Expenditure
Year Capital Expenditure Growth
2012 14.923.848.796
2017 4.780.007.440 -212.21%
2018 3.244.714.630 -47.32%
2019 14.702.731.760 77.93%
2020 18.464.535.890 20.37%
2021 17.329.363.590 -6.55%
2022 7.146.032.180 -142.5%
2023 5.511.037.710 -29.67%

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.

Tae Kwang Corporation Equity
Year Equity Growth
2012 386.906.612.376
2017 419.171.424.440 7.7%
2018 427.996.759.540 2.06%
2019 433.991.505.680 1.38%
2020 424.400.477.400 -2.26%
2021 453.080.837.030 6.33%
2022 524.232.736.850 13.57%
2023 558.567.461.890 6.15%

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.

Tae Kwang Corporation Assets
Year Assets Growth
2012 449.366.566.433
2017 454.010.340.200 1.02%
2018 460.984.821.530 1.51%
2019 478.658.612.660 3.69%
2020 461.778.573.140 -3.66%
2021 505.186.449.770 8.59%
2022 593.995.145.860 14.95%
2023 620.162.542.500 4.22%

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.

Tae Kwang Corporation Liabilities
Year Liabilities Growth
2012 51.127.050.897
2017 28.685.098.540 -78.24%
2018 32.988.061.980 13.04%
2019 44.667.106.990 26.15%
2020 37.378.095.730 -19.5%
2021 52.105.612.740 28.26%
2022 69.762.409.000 25.31%
2023 61.595.080.610 -13.26%

Tae Kwang Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
11996.87
Net Income per Share
2026.65
Price to Earning Ratio
6.97x
Price To Sales Ratio
1.18x
POCF Ratio
5.72
PFCF Ratio
6.92
Price to Book Ratio
0.71
EV to Sales
1.05
EV Over EBITDA
4.4
EV to Operating CashFlow
5.1
EV to FreeCashFlow
6.17
Earnings Yield
0.14
FreeCashFlow Yield
0.14
Market Cap
365,25 Bil.
Enterprise Value
325,61 Bil.
Graham Number
30050.27
Graham NetNet
4985.86

Income Statement Metrics

Net Income per Share
2026.65
Income Quality
1.22
ROE
0.11
Return On Assets
0.09
Return On Capital Employed
0.1
Net Income per EBT
0.78
EBT Per Ebit
1.22
Ebit per Revenue
0.18
Effective Tax Rate
0.19

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.46
Operating Profit Margin
0.18
Pretax Profit Margin
0.23
Net Profit Margin
0.18

Dividends

Dividend Yield
0.01
Dividend Yield %
1.2
Payout Ratio
0.08
Dividend Per Share
170

Operating Metrics

Operating Cashflow per Share
2470.07
Free CashFlow per Share
2040.59
Capex to Operating CashFlow
-0.17
Capex to Revenue
-0.04
Capex to Depreciation
-1.21
Return on Invested Capital
0.08
Return on Tangible Assets
0.09
Days Sales Outstanding
84.94
Days Payables Outstanding
28.84
Days of Inventory on Hand
218.81
Receivables Turnover
4.3
Payables Turnover
12.66
Inventory Turnover
1.67
Capex per Share
-429.48

Balance Sheet

Cash per Share
2.802,13
Book Value per Share
19.803,25
Tangible Book Value per Share
19993.93
Shareholders Equity per Share
19803.25
Interest Debt per Share
0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-0.54
Current Ratio
7.03
Tangible Asset Value
517,19 Bil.
Net Current Asset Value
244,30 Bil.
Invested Capital
0
Working Capital
262,39 Bil.
Intangibles to Total Assets
0.07
Average Receivables
72,66 Bil.
Average Payables
15,81 Bil.
Average Inventory
127112032475
Debt to Market Cap
0

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.

Tae Kwang Corporation Dividends
Year Dividends Growth
2001 50
2002 75 33.33%
2003 50 -50%
2004 50 0%
2006 75 33.33%
2015 100 25%
2016 50 -100%
2022 170 70.59%

Tae Kwang Corporation Profile

About Tae Kwang Corporation

Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. The company offers butt-welding fittings, including carbon, stainless, and alloy steel, such as elbows, tees, reducers, caps, stub ends, laterals, long bends, and crosses, as well as special, jacket, and split fittings; and forged fittings, such as carbon, stainless, and alloy steel comprises elbows, tees, reducers, sockets, couplings, bosses, crosses, caps, outlets, plugs, unions, inserts, nipples, swage nipples, and special items. It also provides flange fittings comprising carbon, stainless, and alloy steel, which include slip-ons, welding necks, threads, socket weldings, blinds, long welding necks, lap joints, grooves, and nozzle necks. The company was formerly known as Taekwang Bend Industry Company and changed its name to Tae Kwang Corporation in March 2001. Tae Kwang Corporation was founded in 1965 and is headquartered in Busan, South Korea.

CEO
Mr. Sung-Duk Yoon
Employee
321
Address
117-12, Noksan Saneop-daero
Busan, 618-817

Tae Kwang Corporation Executives & BODs

Tae Kwang Corporation Executives & BODs
# Name Age
1 Mr. Sung-Duk Yoon
Chief Executive Officer and Pres
70

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