bullish

Sindoh Co Ltd

Korea Small Cap Gem #24: Sindoh Co [Net Cash More than 220% of Market Cap]

349 Views15 Aug 2023 03:16
SUMMARY
  • Sindoh Co Ltd (029530 KS) is the 24th company in our Korea Small Cap Gems series.
  • Sindoh has one of the highest net cash/market cap ratios in the entire Korean stock market. Net cash at end of 1Q 2023 was 226% of its market cap.
  • Sindoh's operations turned around in 1Q 2023. It had sales of 105.5 billion won (up 26.6% YoY) and operating profit of 9.8 billion won (turned black) in 1Q 2023.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
x