Providing financial journalism in the Asia-Pacific

Asian Century Stocks

Asian Century Stocks is a newsletter providing financial journalism for companies and stocks in the Asia-Pacific. 
The Asian Century Stocks logotype “百” stands for “one hundred” or a “century”. The economic centre of gravity is moving towards Asia. Yet most global investors are missing out.

Research from Asian Century Stocks, Asian Century Stocks

Michael Fritzell

Research from Asian Century Stocks

Equity Bottom-Up

<ul>
<li>Sempio Foods (248170 KS) is Korea’s leading soy sauce producer.</li>
<li>With soaring soybean prices and the positive one-off effect from COVID-19 fading, Sempio is likely to experience a tough year in 2021.</li>
<li>Despite all this, I believe that the rewards greatly outweigh the risks. Sempio Foods enjoys a net cash position. The company is well-run, and the products are excellent.</li>
</ul>


Sempio Foods (248170 KS) is Korea’s leading soy sauce producer.
With soaring soybean prices and the positive one-off effect from COVID-19 fading, Sempio is likely to experience a tough year in 2021.
Despite all this, I believe that the rewards greatly outweigh the risks. Sempio Foods enjoys a net cash position. The company is well-run, and the products are excellent.


Sempio Foods Co

Deep-Dive 2021-23: Sempio Foods