Sangsin Brake Co., Ltd. Logo

Sangsin Brake Co., Ltd.

041650.KS

(1.8)
Stock Price

3.040,00 KRW

3.75% ROA

10.14% ROE

3.17x PER

Market Cap.

66.986.845.600,00 KRW

108.12% DER

3.18% Yield

3.55% NPM

Sangsin Brake Co., Ltd. Stock Analysis

Sangsin Brake 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.

Sangsin Brake Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.35x), the stock offers substantial upside potential at a bargain price.

2 ROE

The stock's ROE falls within an average range (2.37%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (0.84%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (3.761.603) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 DER

The stock is burdened with a heavy load of debt (135%), making it financially unstable and potentially risky for investors.

8 Revenue 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.

9 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

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

The company's lack of dividends in the past three years may concern investors seeking regular income.

Sangsin Brake 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.

Sangsin Brake Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Sangsin Brake 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.

Sangsin Brake Co., Ltd. Revenue
Year Revenue Growth
2007 144.140.397.000
2008 163.279.852.000 11.72%
2009 172.298.776.000 5.23%
2010 214.562.781.800 19.7%
2011 256.005.079.880 16.19%
2012 286.267.861.640 10.57%
2013 305.341.600.760 6.25%
2014 336.506.172.020 9.26%
2015 363.028.517.580 7.31%
2016 379.554.306.340 4.35%
2017 384.512.038.680 1.29%
2018 378.699.323.110 -1.53%
2019 391.905.865.910 3.37%
2020 349.041.648.200 -12.28%
2021 397.023.068.050 12.09%
2022 489.014.822.460 18.81%
2023 600.260.936.000 18.53%
2023 575.491.184.783 -4.3%
2024 589.837.252.816 2.43%

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.

Sangsin Brake Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2007 5.134.446.000
2008 7.011.511.000 26.77%
2009 6.139.851.000 -14.2%
2010 6.883.572.540 10.8%
2011 7.984.592.680 13.79%
2012 9.183.077.900 13.05%
2013 9.495.442.620 3.29%
2014 10.744.455.280 11.62%
2015 10.343.420.420 -3.88%
2016 12.718.643.200 18.68%
2017 14.014.684.130 9.25%
2018 15.760.631.330 11.08%
2019 14.977.336.860 -5.23%
2020 14.164.145.190 -5.74%
2021 14.834.476.350 4.52%
2022 16.339.337.150 9.21%
2023 0 0%
2023 14.890.596.936 100%
2024 17.690.649.984 15.83%

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.

Sangsin Brake Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2007 2.088.594.000
2008 2.102.824.000 0.68%
2009 1.954.988.000 -7.56%
2010 2.530.985.470 22.76%
2011 3.361.423.480 24.7%
2012 2.931.128.880 -14.68%
2013 3.596.965.420 18.51%
2014 3.408.248.570 -5.54%
2015 4.683.864.150 27.23%
2016 4.612.006.400 -1.56%
2017 5.489.769.780 15.99%
2018 4.150.742.750 -32.26%
2019 5.111.654.950 18.8%
2020 3.042.605.800 -68%
2021 3.466.863.570 12.24%
2022 4.918.225.460 29.51%
2023 83.902.352.000 94.14%
2023 5.949.318.390 -1310.29%
2024 7.124.871.200 16.5%

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.

Sangsin Brake Co., Ltd. EBITDA
Year EBITDA Growth
2007 16.043.485.000
2008 17.957.667.000 10.66%
2009 17.686.837.000 -1.53%
2010 27.392.301.330 35.43%
2011 23.821.618.170 -14.99%
2012 31.619.550.190 24.66%
2013 41.040.463.300 22.96%
2014 43.503.343.200 5.66%
2015 56.280.938.600 22.7%
2016 49.642.661.920 -13.37%
2017 53.188.384.480 6.67%
2018 40.878.634.480 -30.11%
2019 41.699.467.420 1.97%
2020 30.396.116.850 -37.19%
2021 40.751.374.410 25.41%
2022 38.362.216.000 -6.23%
2023 121.153.988.000 68.34%
2023 51.984.602.290 -133.06%
2024 51.242.961.080 -1.45%

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.

Sangsin Brake Co., Ltd. Gross Profit
Year Gross Profit Growth
2007 31.397.487.000
2008 35.426.011.000 11.37%
2009 34.683.877.000 -2.14%
2010 49.800.217.640 30.35%
2011 48.799.919.470 -2.05%
2012 58.558.859.480 16.67%
2013 69.108.771.520 15.27%
2014 74.150.348.240 6.8%
2015 90.392.973.090 17.97%
2016 92.391.376.490 2.16%
2017 97.587.072.690 5.32%
2018 85.160.038.820 -14.59%
2019 86.464.703.530 1.51%
2020 71.482.822.830 -20.96%
2021 83.006.794.140 13.88%
2022 98.478.019.180 15.71%
2023 121.153.988.000 18.72%
2023 103.739.827.938 -16.79%
2024 114.517.357.748 9.41%

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.

Sangsin Brake Co., Ltd. Net Profit
Year Net Profit Growth
2007 5.407.970.000
2008 6.128.812.000 11.76%
2009 5.893.538.000 -3.99%
2010 12.664.735.000 53.46%
2011 7.354.737.000 -72.2%
2012 9.385.674.260 21.64%
2013 16.934.645.280 44.58%
2014 19.889.518.640 14.86%
2015 26.205.021.120 24.1%
2016 19.454.453.680 -34.7%
2017 23.039.673.790 15.56%
2018 8.194.003.720 -181.18%
2019 5.490.566.180 -49.24%
2020 -2.322.556.080 336.4%
2021 9.791.921.450 123.72%
2022 717.686.250 -1264.37%
2023 22.958.792.000 96.87%
2023 14.059.400.800 -63.3%
2024 19.955.443.400 29.55%

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.

Sangsin Brake Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2007 252
2008 285 11.58%
2009 274 -4.01%
2010 608 54.93%
2011 353 -72.24%
2012 484 27.07%
2013 875 44.69%
2014 1.027 14.8%
2015 1.354 24.15%
2016 1.005 -34.73%
2017 1.190 15.55%
2018 423 -181.32%
2019 284 -49.47%
2020 -120 337.82%
2021 506 123.56%
2022 37 -1264.86%
2023 1.186 96.88%
2023 726 -63.22%
2024 1.031 29.51%

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.

Sangsin Brake Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2007 -873.044.000
2008 -5.761.739.000 84.85%
2009 -5.303.939.000 -8.63%
2010 -24.098.987.630 77.99%
2011 -14.632.860.840 -64.69%
2012 -14.458.142.230 -1.21%
2013 1.868.651.660 873.72%
2014 -21.261.822.650 108.79%
2015 -179.334.680 -11755.95%
2016 17.157.696.190 101.05%
2017 -14.572.950.130 217.74%
2018 -1.023.914.090 -1323.26%
2019 -13.699.499.770 92.53%
2020 638.652.290 2245.06%
2021 -3.640.170.770 117.54%
2022 -36.303.855.290 89.97%
2023 1.186.474.840 3159.81%
2023 1.708.674.609 30.56%
2024 16.876.711.497 89.88%

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.

Sangsin Brake Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2007 11.283.610.000
2008 6.164.884.000 -83.03%
2009 5.911.087.000 -4.29%
2010 8.802.613.470 32.85%
2011 23.062.343.110 61.83%
2012 15.732.895.810 -46.59%
2013 28.699.356.220 45.18%
2014 13.351.107.690 -114.96%
2015 38.711.360.660 65.51%
2016 32.398.738.070 -19.48%
2017 29.795.716.260 -8.74%
2018 17.028.266.900 -74.98%
2019 7.350.939.290 -131.65%
2020 18.953.800.830 61.22%
2021 20.456.787.480 7.35%
2022 -7.159.124.860 385.74%
2023 6.345.238.210 212.83%
2023 27.009.989.766 76.51%
2024 18.666.280.137 -44.7%

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.

Sangsin Brake Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2007 12.156.654.000
2008 11.926.623.000 -1.93%
2009 11.215.026.000 -6.35%
2010 32.901.601.100 65.91%
2011 37.695.203.950 12.72%
2012 30.191.038.040 -24.86%
2013 26.830.704.560 -12.52%
2014 34.612.930.340 22.48%
2015 38.890.695.340 11%
2016 15.241.041.880 -155.17%
2017 44.368.666.390 65.65%
2018 18.052.180.990 -145.78%
2019 21.050.439.060 14.24%
2020 18.315.148.540 -14.93%
2021 24.096.958.250 23.99%
2022 29.144.730.430 17.32%
2023 5.158.763.370 -464.96%
2023 25.301.315.157 79.61%
2024 1.789.568.640 -1313.82%

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.

Sangsin Brake Co., Ltd. Equity
Year Equity Growth
2007 56.645.195.000
2008 64.780.447.000 12.56%
2009 67.592.845.000 4.16%
2010 84.165.730.660 19.69%
2011 81.975.273.580 -2.67%
2012 84.308.722.980 2.77%
2013 100.104.652.800 15.78%
2014 113.565.847.470 11.85%
2015 139.338.947.430 18.5%
2016 155.803.223.000 10.57%
2017 171.443.632.250 9.12%
2018 173.468.967.020 1.17%
2019 176.881.299.340 1.93%
2020 170.173.402.080 -3.94%
2021 188.454.863.920 9.7%
2022 197.589.029.080 4.62%
2023 211.835.213.847 6.73%
2023 208.936.861.000 -1.39%
2024 224.821.767.549 7.07%

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.

Sangsin Brake Co., Ltd. Assets
Year Assets Growth
2007 111.582.664.000
2008 135.501.268.000 17.65%
2009 145.217.995.000 6.69%
2010 200.909.849.370 27.72%
2011 220.883.454.150 9.04%
2012 233.901.216.070 5.57%
2013 267.736.469.460 12.64%
2014 301.270.271.150 11.13%
2015 334.387.253.990 9.9%
2016 353.061.765.990 5.29%
2017 398.021.129.000 11.3%
2018 429.300.583.670 7.29%
2019 452.252.699.740 5.08%
2020 440.014.845.390 -2.78%
2021 493.641.121.650 10.86%
2022 543.596.267.410 9.19%
2023 564.873.378.508 3.77%
2023 570.353.989.000 0.96%
2024 567.453.679.998 -0.51%

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.

Sangsin Brake Co., Ltd. Liabilities
Year Liabilities Growth
2007 54.937.470.000
2008 70.720.821.000 22.32%
2009 77.625.149.000 8.89%
2010 116.744.118.710 33.51%
2011 138.908.180.580 15.96%
2012 149.592.493.090 7.14%
2013 167.631.816.670 10.76%
2014 187.704.423.680 10.69%
2015 195.048.306.570 3.77%
2016 197.258.542.990 1.12%
2017 226.577.496.750 12.94%
2018 255.831.616.640 11.43%
2019 275.371.400.400 7.1%
2020 269.841.443.320 -2.05%
2021 305.186.257.720 11.58%
2022 346.007.238.330 11.8%
2023 353.038.164.661 1.99%
2023 361.417.127.000 2.32%
2024 342.631.912.449 -5.48%

Sangsin Brake Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
30750.73
Net Income per Share
1092.25
Price to Earning Ratio
3.17x
Price To Sales Ratio
0.11x
POCF Ratio
1.47
PFCF Ratio
2.05
Price to Book Ratio
0.31
EV to Sales
0.47
EV Over EBITDA
4.05
EV to Operating CashFlow
6.08
EV to FreeCashFlow
8.49
Earnings Yield
0.32
FreeCashFlow Yield
0.49
Market Cap
66,99 Bil.
Enterprise Value
277,81 Bil.
Graham Number
16623.8
Graham NetNet
-5193.01

Income Statement Metrics

Net Income per Share
1092.25
Income Quality
2.14
ROE
0.1
Return On Assets
0.04
Return On Capital Employed
0.12
Net Income per EBT
0.86
EBT Per Ebit
0.84
Ebit per Revenue
0.05
Effective Tax Rate
0.12

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.19
Operating Profit Margin
0.05
Pretax Profit Margin
0.04
Net Profit Margin
0.04

Dividends

Dividend Yield
0.03
Dividend Yield %
3.18
Payout Ratio
0.1
Dividend Per Share
110

Operating Metrics

Operating Cashflow per Share
2361.06
Free CashFlow per Share
1690.82
Capex to Operating CashFlow
0.28
Capex to Revenue
0.02
Capex to Depreciation
0.53
Return on Invested Capital
0.06
Return on Tangible Assets
0.04
Days Sales Outstanding
105.49
Days Payables Outstanding
50.93
Days of Inventory on Hand
112.02
Receivables Turnover
3.46
Payables Turnover
7.17
Inventory Turnover
3.26
Capex per Share
670.24

Balance Sheet

Cash per Share
2.015,24
Book Value per Share
11.612,51
Tangible Book Value per Share
11453.36
Shareholders Equity per Share
11244.93
Interest Debt per Share
12867.91
Debt to Equity
1.08
Debt to Assets
0.41
Net Debt to EBITDA
3.07
Current Ratio
1.15
Tangible Asset Value
221,74 Bil.
Net Current Asset Value
18,79 Bil.
Invested Capital
231573215181
Working Capital
46,35 Bil.
Intangibles to Total Assets
0.01
Average Receivables
174,37 Bil.
Average Payables
69,11 Bil.
Average Inventory
148672993443.5
Debt to Market Cap
3.51

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.

Sangsin Brake Co., Ltd. Dividends
Year Dividends Growth
2009 100
2010 160 37.5%
2011 120 -33.33%
2012 130 7.69%
2013 140 7.14%
2014 160 12.5%
2015 170 5.88%
2016 160 -6.25%
2017 170 5.88%
2018 100 -70%
2019 100 0%
2020 50 -100%
2021 80 37.5%
2022 100 20%
2023 110 9.09%

Sangsin Brake Co., Ltd. Profile

About Sangsin Brake Co., Ltd.

Sangsin Brake Co., Ltd. engages in the manufacture and sale of brakes and other vehicle friction materials in South Korea and internationally. The company offers brake pads, brake linings, brake assemblies, brake shoe assemblies, rail brakes, retarders, tuning parts, yaw brakes, brake discs and drums, and brake parts under the HI-Q, HAGEN, and HARDRON brands. Its products are used in racing and premium cars, passenger and foreign vehicles, taxis, buses, and other commercial vehicles. The company was formerly known as Sangsin Brake Ind. Co., Ltd. and changed its name to Sangsin Brake Co., Ltd. in March 2002. Sangsin Brake Co., Ltd. was founded in 1953 and is headquartered in Daegu, South Korea.

CEO
Mr. Hyoil Kim
Employee
631
Address
90 Techno Chungangdae-ro
Daegu, 43023

Sangsin Brake Co., Ltd. Executives & BODs

Sangsin Brake Co., Ltd. Executives & BODs
# Name Age
1 Cha-Gyoon An
Purchasing Director and Director
70
2 Byung-Hee Seo
Production Director and Director
70
3 Mr. Hyoil Kim
Chief Executive Officer
70
4 Joong-Ho Cho
Research Director and Director
70
5 Hyun-Bae Choi
Director of Overseas Business Department and Director
70

Sangsin Brake Co., Ltd. Competitors

Sejong Industrial Co., Ltd. Logo
Sejong Industrial Co., Ltd.

033530.KS

(1.5)
THN Corporation Logo
THN Corporation

019180.KS

(1.5)
SNT Holdings Co., Ltd. Logo
SNT Holdings Co., Ltd.

036530.KS

(2.5)
Seoul Broadcasting System Logo
Seoul Broadcasting System

034120.KS

(1.8)
Seowon Co., Ltd. Logo
Seowon Co., Ltd.

021050.KS

(1.2)