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Songwon Industrial
Buy, Hold or Sell?

Let's analyse Songwon together

PenkeI guess you are interested in Songwon Industrial. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Songwon Industrial. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Songwon (30 sec.)










What can you expect buying and holding a share of Songwon? (30 sec.)

How much money do you get?

How much money do you get?
₩0.70
When do you have the money?
1 year
How often do you get paid?
82.5%

What is your share worth?

Current worth
₩29,399.67
Expected worth in 1 year
₩30,356.75
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
₩1,957.08
Return On Investment
14.2%

For what price can you sell your share?

Current Price per Share
₩13,830.00
Expected price per share
₩0 - ₩15,210
How sure are you?
50%

1. Valuation of Songwon (5 min.)




Live pricePrice per Share (EOD)

₩13,830.00

Intrinsic Value Per Share

₩4,139.72 - ₩47,826.44

Total Value Per Share

₩33,539.38 - ₩77,226.11

2. Growth of Songwon (5 min.)




Is Songwon growing?

Current yearPrevious yearGrowGrow %
How rich?$493.9m$450.6m$41.4m8.4%

How much money is Songwon making?

Current yearPrevious yearGrowGrow %
Making money$6m$23m-$16.9m-278.6%
Net Profit Margin3.3%9.7%--

How much money comes from the company's main activities?

3. Financial Health of Songwon (5 min.)




4. Comparing to competitors in the Specialty Chemicals industry (5 min.)




  Industry Rankings (Specialty Chemicals)  


Richest
#161 / 565

Most Revenue
#189 / 565

Most Profit
#211 / 565

Most Efficient
#305 / 565

What can you expect buying and holding a share of Songwon? (5 min.)

Welcome investor! Songwon's management wants to use your money to grow the business. In return you get a share of Songwon.

What can you expect buying and holding a share of Songwon?

First you should know what it really means to hold a share of Songwon. And how you can make/lose money.

Speculation

The Price per Share of Songwon is ₩13,830. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Songwon.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Songwon, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ₩29,399.67. Based on the TTM, the Book Value Change Per Share is ₩239.27 per quarter. Based on the YOY, the Book Value Change Per Share is ₩1,451.75 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ₩250.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Songwon.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.080.0%0.260.0%0.960.0%0.440.0%0.330.0%
Usd Book Value Change Per Share-0.240.0%0.170.0%1.020.0%0.430.0%0.290.0%
Usd Dividend Per Share0.000.0%0.180.0%0.250.0%0.140.0%0.100.0%
Usd Total Gains Per Share-0.240.0%0.340.0%1.260.0%0.570.0%0.390.0%
Usd Price Per Share11.45-12.74-13.22-12.43-12.23-
Price to Earnings Ratio33.93-16.17-5.18-11.67-12.23-
Price-to-Total Gains Ratio-47.63-9.02-14.59-20.49-36.08-
Price to Book Ratio0.56-0.62-0.71-0.80-0.99-
Price-to-Total Gains Ratio-47.63-9.02-14.59-20.49-36.08-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share9.681
Number of shares103
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.180.14
Usd Book Value Change Per Share0.170.43
Usd Total Gains Per Share0.340.57
Gains per Quarter (103 shares)35.2858.28
Gains per Year (103 shares)141.11233.12
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1726913156177223
2144138272112354456
3216207413169531689
4288276554225708922
53613456952818841155
643341483633710611388
750548397739412381621
8577552111845014151854
9649621125950615922087
10721690140056217692320

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%37.00.03.092.5%41.00.03.093.2%
Book Value Change Per Share3.01.00.075.0%11.01.00.091.7%18.02.00.090.0%34.06.00.085.0%38.06.00.086.4%
Dividend per Share2.00.02.050.0%10.00.02.083.3%16.00.04.080.0%33.00.07.082.5%36.00.08.081.8%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%18.02.00.090.0%35.05.00.087.5%39.05.00.088.6%

Fundamentals of Songwon

About Songwon Industrial

Songwon Industrial Co., Ltd., together with its subsidiaries, manufactures and sells polymer stabilizers, tin intermediates, PVC stabilizers, and specialty chemicals in South Korea, Rest of Asia, Europe, North and South America, Australia, the Middle East, and Africa. The company operates through Industrial Chemicals and Performance Chemicals segments. It offers phenolic, phosphite, thioester, and aminic antioxidants; binary blends; application specific antioxidants; hindered amine light stabilizers; UV absorbers and hydroxybenzoates; and high melter, low melter, nucleator and clarifier, and highly loaded UV blends, as well as blends comprising liquid components. The company also provides a range of antioxidants for fuels and lubricants, as well as fuel additives as stabilizers; tin intermediates; PVC stabilizers and plasticizers, including one pack systems for PVC stabilization, mixed metal stabilizers, metal soap stabilizers, organo-tin stabilizers, auxiliary stabilizers and lubricants, and plasticizers; and specialty polymers comprising polyester diols, thermosetting and/or thermoplastic polyurethanes, and thermoplastic polyurethanes. In addition, it offers specialty chemicals for fast-moving industries, including electronics and functional monomers for various applications, as well as coatings. The company sells its products under the SONGCAT, SONGSTAR, SONGXTEND, SABOSTAB, SONGNOX, SONGSTAB, SONGSTOMER, SONGCIZER, HI-THANE, SONGCURE, and SONGSORB brands. It serves the adhesive, agriculture, automotive, building and construction, coatings, durable and consumer goods, electrical and electronics, fuels and lubricants, packaging, textile and fibers, and wire and cable industries. Songwon Industrial Co., Ltd. was incorporated in 1965 and is headquartered in Ulsan, South Korea.

Fundamental data was last updated by Penke on 2024-03-24 06:52:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Songwon Industrial.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Songwon earns for each ₩1 of revenue.

  • Above 10% is considered healthy but always compare Songwon to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 1.2% means that ₩0.01 for each ₩1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Songwon Industrial:

  • The MRQ is 1.2%. The company is making a profit. +1
  • The TTM is 3.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM3.3%-2.2%
TTM3.3%YOY9.7%-6.3%
TTM3.3%5Y5.5%-2.2%
5Y5.5%10Y4.8%+0.7%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%4.2%-3.0%
TTM3.3%4.2%-0.9%
YOY9.7%6.5%+3.2%
5Y5.5%6.0%-0.5%
10Y4.8%6.0%-1.2%
1.1.2. Return on Assets

Shows how efficient Songwon is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Songwon to the Specialty Chemicals industry mean.
  • 0.3% Return on Assets means that Songwon generated ₩0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Songwon Industrial:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.7%-0.5%
TTM0.7%YOY2.6%-1.9%
TTM0.7%5Y1.4%-0.6%
5Y1.4%10Y1.1%+0.3%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%1.1%-0.8%
TTM0.7%1.1%-0.4%
YOY2.6%1.7%+0.9%
5Y1.4%1.6%-0.2%
10Y1.1%1.7%-0.6%
1.1.3. Return on Equity

Shows how efficient Songwon is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Songwon to the Specialty Chemicals industry mean.
  • 0.4% Return on Equity means Songwon generated ₩0.00 for each ₩1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Songwon Industrial:

  • The MRQ is 0.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.2%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM1.2%-0.8%
TTM1.2%YOY5.2%-4.0%
TTM1.2%5Y2.7%-1.5%
5Y2.7%10Y2.4%+0.3%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%2.2%-1.8%
TTM1.2%2.0%-0.8%
YOY5.2%3.2%+2.0%
5Y2.7%2.8%-0.1%
10Y2.4%2.8%-0.4%

1.2. Operating Efficiency of Songwon Industrial.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Songwon is operating .

  • Measures how much profit Songwon makes for each ₩1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Songwon to the Specialty Chemicals industry mean.
  • An Operating Margin of 0.0% means the company generated ₩0.00  for each ₩1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Songwon Industrial:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM2.0%-2.0%
TTM2.0%YOY13.7%-11.7%
TTM2.0%5Y9.4%-7.4%
5Y9.4%10Y6.3%+3.1%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.5%-7.5%
TTM2.0%4.9%-2.9%
YOY13.7%8.3%+5.4%
5Y9.4%8.1%+1.3%
10Y6.3%7.3%-1.0%
1.2.2. Operating Ratio

Measures how efficient Songwon is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 1.87 means that the operating costs are ₩1.87 for each ₩1 in net sales.

Let's take a look of the Operating Ratio trends of Songwon Industrial:

  • The MRQ is 1.870. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.799. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.870TTM1.799+0.071
TTM1.799YOY1.637+0.162
TTM1.7995Y1.705+0.094
5Y1.70510Y1.439+0.266
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8701.529+0.341
TTM1.7991.530+0.269
YOY1.6371.459+0.178
5Y1.7051.459+0.246
10Y1.4391.228+0.211

1.3. Liquidity of Songwon Industrial.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Songwon is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 1.85 means the company has ₩1.85 in assets for each ₩1 in short-term debts.

Let's take a look of the Current Ratio trends of Songwon Industrial:

  • The MRQ is 1.850. The company is able to pay all its short-term debts. +1
  • The TTM is 1.805. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.850TTM1.805+0.045
TTM1.805YOY1.566+0.239
TTM1.8055Y1.481+0.323
5Y1.48110Y0.988+0.493
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8501.831+0.019
TTM1.8051.875-0.070
YOY1.5661.896-0.330
5Y1.4811.926-0.445
10Y0.9881.762-0.774
1.3.2. Quick Ratio

Measures if Songwon is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Songwon to the Specialty Chemicals industry mean.
  • A Quick Ratio of 0.51 means the company can pay off ₩0.51 for each ₩1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Songwon Industrial:

  • The MRQ is 0.506. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.490. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.506TTM0.490+0.016
TTM0.490YOY0.456+0.035
TTM0.4905Y0.451+0.040
5Y0.45110Y0.398+0.053
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5060.846-0.340
TTM0.4900.884-0.394
YOY0.4560.966-0.510
5Y0.4511.049-0.598
10Y0.3981.030-0.632

1.4. Solvency of Songwon Industrial.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Songwon assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Songwon to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.35 means that Songwon assets are financed with 35.3% credit (debt) and the remaining percentage (100% - 35.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Songwon Industrial:

  • The MRQ is 0.353. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.387. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.353TTM0.387-0.035
TTM0.387YOY0.482-0.095
TTM0.3875Y0.482-0.095
5Y0.48210Y0.546-0.065
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3530.431-0.078
TTM0.3870.427-0.040
YOY0.4820.426+0.056
5Y0.4820.433+0.049
10Y0.5460.439+0.107
1.4.2. Debt to Equity Ratio

Measures if Songwon is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Songwon to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 54.4% means that company has ₩0.54 debt for each ₩1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Songwon Industrial:

  • The MRQ is 0.544. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.635. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.544TTM0.635-0.091
TTM0.635YOY0.937-0.302
TTM0.6355Y0.953-0.318
5Y0.95310Y1.280-0.327
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5440.767-0.223
TTM0.6350.752-0.117
YOY0.9370.747+0.190
5Y0.9530.797+0.156
10Y1.2800.845+0.435

2. Market Valuation of Songwon Industrial

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₩1 in earnings Songwon generates.

  • Above 15 is considered overpriced but always compare Songwon to the Specialty Chemicals industry mean.
  • A PE ratio of 33.93 means the investor is paying ₩33.93 for every ₩1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Songwon Industrial:

  • The EOD is 28.683. Based on the earnings, the company is overpriced. -1
  • The MRQ is 33.930. Based on the earnings, the company is overpriced. -1
  • The TTM is 16.169. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD28.683MRQ33.930-5.247
MRQ33.930TTM16.169+17.761
TTM16.169YOY5.177+10.992
TTM16.1695Y11.669+4.501
5Y11.66910Y12.233-0.564
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD28.68315.198+13.485
MRQ33.93013.988+19.942
TTM16.16915.705+0.464
YOY5.17717.841-12.664
5Y11.66919.498-7.829
10Y12.23323.951-11.718
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Songwon Industrial:

  • The EOD is 3.704. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.382. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.752. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.704MRQ4.382-0.678
MRQ4.382TTM3.752+0.630
TTM3.752YOY2.432+1.320
TTM3.7525Y0.313+3.439
5Y0.31310Y8.122-7.810
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD3.7044.953-1.249
MRQ4.3824.3820.000
TTM3.7522.275+1.477
YOY2.432-0.150+2.582
5Y0.3133.098-2.785
10Y8.1222.609+5.513
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Songwon is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 0.56 means the investor is paying ₩0.56 for each ₩1 in book value.

Let's take a look of the Price to Book Ratio trends of Songwon Industrial:

  • The EOD is 0.470. Based on the equity, the company is cheap. +2
  • The MRQ is 0.556. Based on the equity, the company is cheap. +2
  • The TTM is 0.622. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.470MRQ0.556-0.086
MRQ0.556TTM0.622-0.065
TTM0.622YOY0.713-0.092
TTM0.6225Y0.803-0.181
5Y0.80310Y0.989-0.186
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD0.4701.735-1.265
MRQ0.5561.781-1.225
TTM0.6221.854-1.232
YOY0.7132.306-1.593
5Y0.8032.348-1.545
10Y0.9892.842-1.853
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Songwon Industrial compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---343.458239.271-244%1451.750-124%613.321-156%415.801-183%
Book Value Per Share--29399.66729294.208+0%26825.906+10%22791.840+29%18521.065+59%
Current Ratio--1.8501.805+3%1.566+18%1.481+25%0.988+87%
Debt To Asset Ratio--0.3530.387-9%0.482-27%0.482-27%0.546-35%
Debt To Equity Ratio--0.5440.635-14%0.937-42%0.953-43%1.280-57%
Dividend Per Share---250.000-100%350.000-100%195.000-100%141.494-100%
Eps--120.542376.844-68%1374.292-91%630.394-81%470.728-74%
Free Cash Flow Per Share--933.4171293.594-28%555.917+68%487.552+91%592.432+58%
Free Cash Flow To Equity Per Share--933.417674.052+38%164.073+469%216.825+330%641.219+46%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.925+8%
Intrinsic Value_10Y_max--47826.439--------
Intrinsic Value_10Y_min--4139.717--------
Intrinsic Value_1Y_max--2724.225--------
Intrinsic Value_1Y_min--1610.637--------
Intrinsic Value_3Y_max--9761.495--------
Intrinsic Value_3Y_min--3832.262--------
Intrinsic Value_5Y_max--18699.231--------
Intrinsic Value_5Y_min--4933.182--------
Market Cap331920000000.000-18%392640000000.000436860000000.000-10%453300000000.000-13%426060000000.000-8%419344988500.000-6%
Net Profit Margin--0.0120.033-65%0.097-88%0.055-79%0.048-76%
Operating Margin---0.020-100%0.137-100%0.094-100%0.063-100%
Operating Ratio--1.8701.799+4%1.637+14%1.705+10%1.439+30%
Pb Ratio0.470-18%0.5560.622-10%0.713-22%0.803-31%0.989-44%
Pe Ratio28.683-18%33.93016.169+110%5.177+555%11.669+191%12.233+177%
Price Per Share13830.000-18%16360.00018202.500-10%18887.500-13%17752.500-8%17471.500-6%
Price To Free Cash Flow Ratio3.704-18%4.3823.752+17%2.432+80%0.313+1302%8.122-46%
Price To Total Gains Ratio-40.267+15%-47.6339.024-628%14.589-426%20.485-333%36.075-232%
Quick Ratio--0.5060.490+3%0.456+11%0.451+12%0.398+27%
Return On Assets--0.0030.007-65%0.026-90%0.014-81%0.011-76%
Return On Equity--0.0040.012-67%0.052-92%0.027-85%0.024-83%
Total Gains Per Share---343.458489.271-170%1801.750-119%808.321-142%557.295-162%
Usd Book Value--493914400.000492142700.000+0%450675225.000+10%382902905.000+29%311165802.500+59%
Usd Book Value Change Per Share---0.2400.167-244%1.016-124%0.429-156%0.291-183%
Usd Book Value Per Share--20.58020.506+0%18.778+10%15.954+29%12.965+59%
Usd Dividend Per Share---0.175-100%0.245-100%0.137-100%0.099-100%
Usd Eps--0.0840.264-68%0.962-91%0.441-81%0.330-74%
Usd Free Cash Flow--15681400.00021732375.000-28%9339400.000+68%8190875.000+91%9952845.000+58%
Usd Free Cash Flow Per Share--0.6530.906-28%0.389+68%0.341+91%0.415+58%
Usd Free Cash Flow To Equity Per Share--0.6530.472+38%0.115+469%0.152+330%0.449+46%
Usd Market Cap232344000.000-18%274848000.000305802000.000-10%317310000.000-13%298242000.000-8%293541491.950-6%
Usd Price Per Share9.681-18%11.45212.742-10%13.221-13%12.427-8%12.230-6%
Usd Profit--2025100.0006098225.000-67%23088100.000-91%10544065.000-81%7885325.000-74%
Usd Revenue--171996300.000180245625.000-5%232664075.000-26%174292370.000-1%148883315.000+16%
Usd Total Gains Per Share---0.2400.342-170%1.261-119%0.566-142%0.390-162%
 EOD+5 -3MRQTTM+11 -24YOY+14 -215Y+14 -2110Y+17 -19

3.2. Fundamental Score

Let's check the fundamental score of Songwon Industrial based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1528.683
Price to Book Ratio (EOD)Between0-10.470
Net Profit Margin (MRQ)Greater than00.012
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.506
Current Ratio (MRQ)Greater than11.850
Debt to Asset Ratio (MRQ)Less than10.353
Debt to Equity Ratio (MRQ)Less than10.544
Return on Equity (MRQ)Greater than0.150.004
Return on Assets (MRQ)Greater than0.050.003
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Songwon Industrial based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5025.095
Ma 20Greater thanMa 5014,419.500
Ma 50Greater thanMa 10015,179.600
Ma 100Greater thanMa 20016,696.300
OpenGreater thanClose13,950.000
Total1/5 (20.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Income before Tax  8,676,00010,252,00018,928,000-3,336,00015,592,000-179,00015,413,000-15,852,000-439,000
Tax Provision  217,0008,085,0008,302,000-4,666,0003,636,0002,405,0006,041,000-9,373,000-3,332,000



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in KRW. All numbers in thousands.

Summary
Total Assets1,089,744,000
Total Liabilities384,152,000
Total Stockholder Equity705,592,000
 As reported
Total Liabilities 384,152,000
Total Stockholder Equity+ 705,592,000
Total Assets = 1,089,744,000

Assets

Total Assets1,089,744,000
Total Current Assets569,230,000
Long-term Assets520,514,000
Total Current Assets
Cash And Cash Equivalents 98,584,000
Short-term Investments 8,854,000
Net Receivables 146,860,000
Inventory 291,466,000
Total Current Assets  (as reported)569,230,000
Total Current Assets  (calculated)545,764,000
+/- 23,466,000
Long-term Assets
Property Plant Equipment 453,700,000
Goodwill 3,196,000
Intangible Assets 11,593,000
Long-term Assets Other 23,046,000
Long-term Assets  (as reported)520,514,000
Long-term Assets  (calculated)491,535,000
+/- 28,979,000

Liabilities & Shareholders' Equity

Total Current Liabilities307,693,000
Long-term Liabilities76,459,000
Total Stockholder Equity705,592,000
Total Current Liabilities
Short Long Term Debt 164,696,000
Accounts payable 75,737,000
Other Current Liabilities 5,149,000
Total Current Liabilities  (as reported)307,693,000
Total Current Liabilities  (calculated)245,582,000
+/- 62,111,000
Long-term Liabilities
Long term Debt 5,250,000
Capital Lease Obligations Min Short Term Debt18,444,000
Long-term Liabilities Other 434,000
Long-term Liabilities  (as reported)76,459,000
Long-term Liabilities  (calculated)24,128,000
+/- 52,331,000
Total Stockholder Equity
Retained Earnings 668,520,000
Total Stockholder Equity (as reported)705,592,000
Total Stockholder Equity (calculated)668,520,000
+/- 37,072,000
Other
Capital Stock12,000,000
Common Stock Shares Outstanding 24,000
Net Debt 71,362,000
Net Invested Capital 875,538,000
Net Working Capital 261,537,000
Property Plant and Equipment Gross 911,164,000



Balance Sheet

Currency in KRW. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-31
> Total Assets 
900,121,000
913,210,000
871,030,000
866,022,000
889,093,000
915,072,000
900,894,000
855,857,000
853,790,000
864,074,000
855,300,000
846,381,000
874,895,000
872,188,000
840,817,000
829,523,000
874,318,000
908,874,000
905,664,000
865,121,000
910,348,000
932,147,000
915,087,000
872,544,000
917,688,000
957,355,000
937,767,000
894,324,000
929,854,000
924,573,000
906,960,000
891,142,000
934,426,000
959,841,000
1,040,302,000
1,115,649,000
1,188,017,000
1,257,119,000
1,311,279,000
1,217,311,000
1,198,398,000
1,160,645,000
1,147,419,000
1,089,744,000
1,089,744,0001,147,419,0001,160,645,0001,198,398,0001,217,311,0001,311,279,0001,257,119,0001,188,017,0001,115,649,0001,040,302,000959,841,000934,426,000891,142,000906,960,000924,573,000929,854,000894,324,000937,767,000957,355,000917,688,000872,544,000915,087,000932,147,000910,348,000865,121,000905,664,000908,874,000874,318,000829,523,000840,817,000872,188,000874,895,000846,381,000855,300,000864,074,000853,790,000855,857,000900,894,000915,072,000889,093,000866,022,000871,030,000913,210,000900,121,000
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
348,078,000
392,736,000
420,166,000
411,248,000
377,507,000
422,056,000
445,727,000
433,016,000
391,646,000
413,144,000
452,471,000
430,607,000
398,769,000
429,193,000
426,606,000
415,373,000
412,167,000
457,098,000
486,645,000
566,400,000
628,381,000
695,577,000
752,038,000
797,508,000
680,707,000
653,675,000
623,206,000
616,160,000
569,230,000
569,230,000616,160,000623,206,000653,675,000680,707,000797,508,000752,038,000695,577,000628,381,000566,400,000486,645,000457,098,000412,167,000415,373,000426,606,000429,193,000398,769,000430,607,000452,471,000413,144,000391,646,000433,016,000445,727,000422,056,000377,507,000411,248,000420,166,000392,736,000348,078,000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
49,300,000
67,638,000
76,547,000
53,227,000
55,404,000
56,078,000
59,396,000
60,526,000
63,306,000
53,290,000
69,301,000
64,804,000
63,132,000
71,783,000
70,777,000
77,089,000
72,784,000
59,715,000
57,663,000
72,998,000
97,744,000
88,555,000
106,689,000
122,106,000
104,760,000
100,387,000
94,409,000
106,125,000
98,584,000
98,584,000106,125,00094,409,000100,387,000104,760,000122,106,000106,689,00088,555,00097,744,00072,998,00057,663,00059,715,00072,784,00077,089,00070,777,00071,783,00063,132,00064,804,00069,301,00053,290,00063,306,00060,526,00059,396,00056,078,00055,404,00053,227,00076,547,00067,638,00049,300,000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,185,000
30,899,000
30,483,000
30,444,000
2,456,000
2,542,000
3,669,000
3,957,000
586,000
4,667,000
4,369,000
5,252,000
1,342,000
1,099,000
1,013,000
2,758,000
3,984,000
4,774,000
1,516,000
866,000
1,120,000
759,000
1,633,000
2,084,000
4,828,000
5,006,000
5,576,000
9,393,000
8,854,000
8,854,0009,393,0005,576,0005,006,0004,828,0002,084,0001,633,000759,0001,120,000866,0001,516,0004,774,0003,984,0002,758,0001,013,0001,099,0001,342,0005,252,0004,369,0004,667,000586,0003,957,0003,669,0002,542,0002,456,00030,444,00030,483,00030,899,0003,185,000000000000000000
       Net Receivables 
0
120,345,000
118,240,000
109,765,000
117,191,000
117,096,000
117,766,000
111,389,000
111,581,000
111,568,000
114,291,000
109,276,000
126,731,000
124,757,000
115,151,000
121,513,000
129,806,000
138,151,000
135,130,000
130,819,000
140,154,000
168,714,000
142,507,000
117,315,000
130,105,000
143,912,000
126,581,000
128,166,000
145,918,000
133,855,000
128,735,000
138,377,000
162,290,000
157,050,000
173,536,000
179,720,000
223,321,000
226,872,000
217,329,000
177,174,000
165,527,000
172,468,000
153,971,000
146,860,000
146,860,000153,971,000172,468,000165,527,000177,174,000217,329,000226,872,000223,321,000179,720,000173,536,000157,050,000162,290,000138,377,000128,735,000133,855,000145,918,000128,166,000126,581,000143,912,000130,105,000117,315,000142,507,000168,714,000140,154,000130,819,000135,130,000138,151,000129,806,000121,513,000115,151,000124,757,000126,731,000109,276,000114,291,000111,568,000111,581,000111,389,000117,766,000117,096,000117,191,000109,765,000118,240,000120,345,0000
       Other Current Assets 
130,626,000
7,699,000
6,195,000
7,192,000
5,508,000
7,390,000
8,775,000
5,304,000
16,704,000
43,455,000
19,355,000
5,053,000
23,350,000
25,737,000
26,906,000
4,649,000
37,940,000
38,162,000
39,753,000
4,634,000
7,745,000
1,448,000
1,691,000
1,112,000
1,091,000
1,877,000
2,368,000
2,265,000
1,037,000
725,000
11,571,000
1,691,000
14,065,000
17,465,000
20,616,000
1,606,000
22,329,000
3,937,000
3,287,000
4,926,000
15,995,000
4,712,000
0
0
004,712,00015,995,0004,926,0003,287,0003,937,00022,329,0001,606,00020,616,00017,465,00014,065,0001,691,00011,571,000725,0001,037,0002,265,0002,368,0001,877,0001,091,0001,112,0001,691,0001,448,0007,745,0004,634,00039,753,00038,162,00037,940,0004,649,00026,906,00025,737,00023,350,0005,053,00019,355,00043,455,00016,704,0005,304,0008,775,0007,390,0005,508,0007,192,0006,195,0007,699,000130,626,000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
504,544,000
504,884,000
507,160,000
495,555,000
500,661,000
497,967,000
491,587,000
478,975,000
477,328,000
473,196,000
473,902,000
487,268,000
492,440,000
505,081,000
513,771,000
536,604,000
544,723,000
537,439,000
531,259,000
520,514,000
520,514,000531,259,000537,439,000544,723,000536,604,000513,771,000505,081,000492,440,000487,268,000473,902,000473,196,000477,328,000478,975,000491,587,000497,967,000500,661,000495,555,000507,160,000504,884,000504,544,000000000000000000000000000
       Property Plant Equipment 
420,881,000
423,918,000
422,901,000
426,277,000
424,248,000
424,883,000
426,632,000
434,604,000
433,216,000
433,306,000
435,308,000
432,496,000
429,056,000
429,170,000
426,697,000
431,484,000
432,774,000
438,725,000
443,235,000
441,721,000
441,098,000
442,845,000
441,167,000
439,322,000
462,641,000
463,868,000
465,713,000
460,252,000
463,132,000
458,263,000
452,487,000
445,969,000
440,553,000
435,126,000
436,553,000
442,202,000
444,413,000
454,797,000
458,899,000
458,510,000
463,503,000
456,424,000
455,065,000
453,700,000
453,700,000455,065,000456,424,000463,503,000458,510,000458,899,000454,797,000444,413,000442,202,000436,553,000435,126,000440,553,000445,969,000452,487,000458,263,000463,132,000460,252,000465,713,000463,868,000462,641,000439,322,000441,167,000442,845,000441,098,000441,721,000443,235,000438,725,000432,774,000431,484,000426,697,000429,170,000429,056,000432,496,000435,308,000433,306,000433,216,000434,604,000426,632,000424,883,000424,248,000426,277,000422,901,000423,918,000420,881,000
       Goodwill 
7,413,000
0
7,421,000
7,421,000
7,503,000
6,967,000
7,919,000
10,704,000
10,338,000
10,531,000
11,067,000
10,565,000
10,456,000
10,370,000
9,995,000
10,575,000
10,031,000
0
10,708,000
10,136,000
10,163,000
10,117,000
0
9,995,000
10,035,000
10,286,000
10,362,000
10,092,000
10,328,000
10,240,000
10,284,000
3,050,000
3,176,000
3,130,000
3,280,000
3,279,000
3,288,000
3,381,000
3,602,000
3,125,000
3,248,000
3,298,000
3,332,000
3,196,000
3,196,0003,332,0003,298,0003,248,0003,125,0003,602,0003,381,0003,288,0003,279,0003,280,0003,130,0003,176,0003,050,00010,284,00010,240,00010,328,00010,092,00010,362,00010,286,00010,035,0009,995,000010,117,00010,163,00010,136,00010,708,000010,031,00010,575,0009,995,00010,370,00010,456,00010,565,00011,067,00010,531,00010,338,00010,704,0007,919,0006,967,0007,503,0007,421,0007,421,00007,413,000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,248,000
8,043,000
8,558,000
8,592,000
16,122,000
17,186,000
14,836,000
13,507,000
15,612,000
17,375,000
16,548,000
18,239,000
12,929,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000012,929,00018,239,00016,548,00017,375,00015,612,00013,507,00014,836,00017,186,00016,122,0008,592,0008,558,0008,043,00013,248,000000000000000000
       Intangible Assets 
40,669,000
41,066,000
37,700,000
36,443,000
34,899,000
31,874,000
42,973,000
41,452,000
39,543,000
37,907,000
37,624,000
34,688,000
32,197,000
30,419,000
27,696,000
27,252,000
24,886,000
24,677,000
23,881,000
21,609,000
20,571,000
10,304,000
19,233,000
7,831,000
6,961,000
5,975,000
5,032,000
4,538,000
4,384,000
4,415,000
4,344,000
4,707,000
4,919,000
5,111,000
5,436,000
6,371,000
6,939,000
7,246,000
7,539,000
8,302,000
8,638,000
9,093,000
9,930,000
11,593,000
11,593,0009,930,0009,093,0008,638,0008,302,0007,539,0007,246,0006,939,0006,371,0005,436,0005,111,0004,919,0004,707,0004,344,0004,415,0004,384,0004,538,0005,032,0005,975,0006,961,0007,831,00019,233,00010,304,00020,571,00021,609,00023,881,00024,677,00024,886,00027,252,00027,696,00030,419,00032,197,00034,688,00037,624,00037,907,00039,543,00041,452,00042,973,00031,874,00034,899,00036,443,00037,700,00041,066,00040,669,000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
456,000
103,000
100,000
95,000
110,000
254,000
250,000
245,000
159,000
160,000
-389,000
5,018,000
1,789,000
-5,378,000
-12,849,000
26,192,000
26,206,000
25,361,000
30,033,000
23,046,000
23,046,00030,033,00025,361,00026,206,00026,192,000-12,849,000-5,378,0001,789,0005,018,000-389,000160,000159,000245,000250,000254,000110,00095,000100,000103,000456,000000000000000000000000000
> Total Liabilities 
605,875,000
617,583,000
569,382,000
559,599,000
588,392,000
622,506,000
602,604,000
567,230,000
563,427,000
570,128,000
544,685,000
529,968,000
549,891,000
534,968,000
496,458,000
475,334,000
518,041,000
539,215,000
526,254,000
486,994,000
523,584,000
533,703,000
506,439,000
461,346,000
499,905,000
524,759,000
493,010,000
458,743,000
482,316,000
474,346,000
449,668,000
427,645,000
463,937,000
478,880,000
531,725,000
572,395,000
606,052,000
627,641,000
630,057,000
534,689,000
509,221,000
457,005,000
433,584,000
384,152,000
384,152,000433,584,000457,005,000509,221,000534,689,000630,057,000627,641,000606,052,000572,395,000531,725,000478,880,000463,937,000427,645,000449,668,000474,346,000482,316,000458,743,000493,010,000524,759,000499,905,000461,346,000506,439,000533,703,000523,584,000486,994,000526,254,000539,215,000518,041,000475,334,000496,458,000534,968,000549,891,000529,968,000544,685,000570,128,000563,427,000567,230,000602,604,000622,506,000588,392,000559,599,000569,382,000617,583,000605,875,000
   > Total Current Liabilities 
382,712,000
390,256,000
348,331,000
346,255,000
382,176,000
419,879,000
395,558,000
421,748,000
413,148,000
428,430,000
405,177,000
435,840,000
358,932,000
354,681,000
321,689,000
300,643,000
351,537,000
376,287,000
360,142,000
324,640,000
365,647,000
449,699,000
421,975,000
376,656,000
400,947,000
352,214,000
324,826,000
293,374,000
320,182,000
316,860,000
292,553,000
293,122,000
333,189,000
348,302,000
391,542,000
443,999,000
477,086,000
500,735,000
492,388,000
404,022,000
375,659,000
325,096,000
359,920,000
307,693,000
307,693,000359,920,000325,096,000375,659,000404,022,000492,388,000500,735,000477,086,000443,999,000391,542,000348,302,000333,189,000293,122,000292,553,000316,860,000320,182,000293,374,000324,826,000352,214,000400,947,000376,656,000421,975,000449,699,000365,647,000324,640,000360,142,000376,287,000351,537,000300,643,000321,689,000354,681,000358,932,000435,840,000405,177,000428,430,000413,148,000421,748,000395,558,000419,879,000382,176,000346,255,000348,331,000390,256,000382,712,000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
301,127,000
344,709,000
349,057,000
21,454,000
21,454,000
327,967,000
332,019,000
86,788,000
82,742,000
279,368,000
216,019,000
188,644,000
171,200,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000171,200,000188,644,000216,019,000279,368,00082,742,00086,788,000332,019,000327,967,00021,454,00021,454,000349,057,000344,709,000301,127,000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
301,127,000
344,709,000
349,057,000
21,454,000
21,454,000
327,967,000
332,019,000
86,788,000
82,742,000
279,368,000
216,019,000
188,644,000
171,200,000
181,826,000
183,429,000
165,451,000
158,940,000
175,619,000
188,393,000
204,554,000
235,311,000
267,275,000
253,070,000
253,448,000
208,070,000
175,402,000
158,442,000
199,104,000
164,696,000
164,696,000199,104,000158,442,000175,402,000208,070,000253,448,000253,070,000267,275,000235,311,000204,554,000188,393,000175,619,000158,940,000165,451,000183,429,000181,826,000171,200,000188,644,000216,019,000279,368,00082,742,00086,788,000332,019,000327,967,00021,454,00021,454,000349,057,000344,709,000301,127,000000000000000000
       Accounts payable 
0
0
0
38,856,000
0
0
0
41,453,000
0
0
0
41,726,000
0
0
0
49,254,000
0
0
0
58,762,000
0
0
0
55,467,000
0
0
0
52,176,000
0
61,062,000
55,377,000
72,196,000
91,022,000
95,605,000
105,754,000
117,284,000
118,336,000
139,908,000
128,542,000
79,747,000
92,522,000
94,043,000
87,239,000
75,737,000
75,737,00087,239,00094,043,00092,522,00079,747,000128,542,000139,908,000118,336,000117,284,000105,754,00095,605,00091,022,00072,196,00055,377,00061,062,000052,176,00000055,467,00000058,762,00000049,254,00000041,726,00000041,453,00000038,856,000000
       Other Current Liabilities 
90,338,000
107,788,000
88,111,000
44,769,000
79,051,000
90,742,000
79,259,000
36,132,000
76,887,000
87,442,000
99,196,000
61,341,000
106,820,000
106,231,000
105,609,000
62,482,000
113,679,000
129,845,000
131,342,000
57,124,000
131,530,000
137,006,000
135,431,000
26,839,000
3,017,000
4,363,000
7,240,000
45,670,000
135,554,000
49,101,000
47,698,000
37,475,000
45,879,000
42,080,000
51,271,000
64,658,000
74,960,000
82,919,000
81,261,000
84,413,000
5,890,000
49,820,000
6,284,000
5,149,000
5,149,0006,284,00049,820,0005,890,00084,413,00081,261,00082,919,00074,960,00064,658,00051,271,00042,080,00045,879,00037,475,00047,698,00049,101,000135,554,00045,670,0007,240,0004,363,0003,017,00026,839,000135,431,000137,006,000131,530,00057,124,000131,342,000129,845,000113,679,00062,482,000105,609,000106,231,000106,820,00061,341,00099,196,00087,442,00076,887,00036,132,00079,259,00090,742,00079,051,00044,769,00088,111,000107,788,00090,338,000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
98,958,000
172,545,000
168,184,000
165,369,000
162,134,000
157,486,000
157,115,000
134,523,000
130,748,000
130,578,000
140,183,000
128,396,000
128,966,000
126,906,000
137,669,000
130,667,000
133,562,000
131,909,000
73,664,000
76,459,000
76,459,00073,664,000131,909,000133,562,000130,667,000137,669,000126,906,000128,966,000128,396,000140,183,000130,578,000130,748,000134,523,000157,115,000157,486,000162,134,000165,369,000168,184,000172,545,00098,958,000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-301,127,000
-344,709,000
-349,057,000
-21,454,000
-21,454,000
-327,967,000
-332,019,000
-86,788,000
-82,742,000
-256,793,000
-193,506,000
-165,988,000
-151,677,000
20,977,000
21,141,000
20,252,000
18,572,000
17,895,000
16,929,000
17,091,000
17,934,000
17,587,000
17,781,000
18,824,000
16,898,000
17,076,000
16,221,000
16,125,000
18,444,000
18,444,00016,125,00016,221,00017,076,00016,898,00018,824,00017,781,00017,587,00017,934,00017,091,00016,929,00017,895,00018,572,00020,252,00021,141,00020,977,000-151,677,000-165,988,000-193,506,000-256,793,000-82,742,000-86,788,000-332,019,000-327,967,000-21,454,000-21,454,000-349,057,000-344,709,000-301,127,000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57,000
48,000
50,000
458,000
463,000
458,000
454,000
446,000
441,000
436,000
434,000
428,000
470,000
463,000
461,000
453,000
449,000
442,000
438,000
434,000
434,000438,000442,000449,000453,000461,000463,000470,000428,000434,000436,000441,000446,000454,000458,000463,000458,00050,00048,00057,000000000000000000000000000
> Total Stockholder Equity
293,057,000
294,836,000
301,364,000
306,152,000
300,723,000
290,713,000
294,984,000
285,517,000
287,502,000
291,411,000
308,086,000
314,469,000
323,531,000
338,539,000
346,416,000
356,426,000
358,473,000
372,033,000
381,999,000
380,860,000
389,650,000
398,852,000
409,019,000
411,912,000
416,337,000
431,172,000
440,838,000
431,595,000
443,180,000
445,636,000
452,506,000
458,709,000
467,563,000
480,961,000
508,577,000
543,254,000
581,965,000
629,478,000
681,222,000
682,622,000
689,177,000
703,640,000
713,835,000
705,592,000
705,592,000713,835,000703,640,000689,177,000682,622,000681,222,000629,478,000581,965,000543,254,000508,577,000480,961,000467,563,000458,709,000452,506,000445,636,000443,180,000431,595,000440,838,000431,172,000416,337,000411,912,000409,019,000398,852,000389,650,000380,860,000381,999,000372,033,000358,473,000356,426,000346,416,000338,539,000323,531,000314,469,000308,086,000291,411,000287,502,000285,517,000294,984,000290,713,000300,723,000306,152,000301,364,000294,836,000293,057,000
   Common Stock
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
12,000,000
0
12,000,000
0
0
0012,000,000012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,00012,000,000
   Retained Earnings 
258,515,000
259,412,000
0
25,815,000
25,815,000
260,943,000
263,623,000
25,815,000
0
256,804,000
269,112,000
25,815,000
287,784,000
302,985,000
312,473,000
25,815,000
322,445,000
334,874,000
25,815,000
25,815,000
330,425,000
340,666,000
379,450,000
354,682,000
385,378,000
398,191,000
405,491,000
374,905,000
407,967,000
449,507,000
420,467,000
407,625,000
440,411,000
429,613,000
476,158,000
486,540,000
550,750,000
564,656,000
631,210,000
626,239,000
651,771,000
636,039,000
671,828,000
668,520,000
668,520,000671,828,000636,039,000651,771,000626,239,000631,210,000564,656,000550,750,000486,540,000476,158,000429,613,000440,411,000407,625,000420,467,000449,507,000407,967,000374,905,000405,491,000398,191,000385,378,000354,682,000379,450,000340,666,000330,425,00025,815,00025,815,000334,874,000322,445,00025,815,000312,473,000302,985,000287,784,00025,815,000269,112,000256,804,000025,815,000263,623,000260,943,00025,815,00025,815,0000259,412,000258,515,000
   Capital Surplus 00000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,417,000
-333,000
798,000
26,899,000
20,974,000
-4,391,000
21,825,000
-6,792,000
20,869,000
-3,400,000
-1,378,000
988,000
22,331,000
854,000
-38,230,000
-2,320,000
16,725,000
-5,330,000
18,866,000
-63,000
24,232,000
-1,267,000
32,340,000
17,530,000
23,901,000
0
35,119,000
0
0
0035,119,000023,901,00017,530,00032,340,000-1,267,00024,232,000-63,00018,866,000-5,330,00016,725,000-2,320,000-38,230,000854,00022,331,000988,000-1,378,000-3,400,00020,869,000-6,792,00021,825,000-4,391,00020,974,00026,899,000798,000-333,00028,417,000000000000000000



Balance Sheet

Currency in KRW. All numbers in thousands.




Cash Flow

Currency in KRW. All numbers in thousands.




Income Statement

Currency in KRW. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,029,975,000
Cost of Revenue-880,026,000
Gross Profit149,949,000149,949,000
 
Operating Income (+$)
Gross Profit149,949,000
Operating Expense-971,506,000
Operating Income58,469,000-821,557,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative36,262,000
Selling And Marketing Expenses0
Operating Expense971,506,00036,262,000
 
Net Interest Income (+$)
Interest Income1,836,000
Interest Expense-9,297,000
Other Finance Cost-224,000
Net Interest Income-7,685,000
 
Pretax Income (+$)
Operating Income58,469,000
Net Interest Income-7,685,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)49,494,00058,469,000
EBIT - interestExpense = -9,297,000
34,847,000
44,144,000
Interest Expense9,297,000
Earnings Before Interest and Taxes (EBIT)058,791,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax49,494,000
Tax Provision-14,647,000
Net Income From Continuing Ops34,847,00034,847,000
Net Income34,847,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net07,685,000
 

Technical Analysis of Songwon
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Songwon. The general trend of Songwon is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Songwon's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Songwon Industrial.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 14,150 < 15,200 < 15,210.

The bearish price targets are: .

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Songwon Industrial Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Songwon Industrial. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Songwon Industrial Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Songwon Industrial. The current macd is -391.71058451.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Songwon price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Songwon. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Songwon price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Songwon Industrial Daily Moving Average Convergence/Divergence (MACD) ChartSongwon Industrial Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Songwon Industrial. The current adx is 39.72.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Songwon shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Songwon Industrial Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Songwon Industrial. The current sar is 14,327.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Songwon Industrial Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Songwon Industrial. The current rsi is 25.09. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Songwon Industrial Daily Relative Strength Index (RSI) ChartSongwon Industrial Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Songwon Industrial. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Songwon price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Songwon Industrial Daily Stochastic Oscillator ChartSongwon Industrial Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Songwon Industrial. The current cci is -188.9596603.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Songwon Industrial Daily Commodity Channel Index (CCI) ChartSongwon Industrial Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Songwon Industrial. The current cmo is -59.2046224.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Songwon Industrial Daily Chande Momentum Oscillator (CMO) ChartSongwon Industrial Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Songwon Industrial. The current willr is -94.25287356.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Songwon Industrial Daily Williams %R ChartSongwon Industrial Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Songwon Industrial.

Songwon Industrial Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Songwon Industrial. The current atr is 238.81.

Songwon Industrial Daily Average True Range (ATR) ChartSongwon Industrial Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Songwon Industrial. The current obv is 16,016,563.

Songwon Industrial Daily On-Balance Volume (OBV) ChartSongwon Industrial Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Songwon Industrial. The current mfi is 20.60.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Songwon Industrial Daily Money Flow Index (MFI) ChartSongwon Industrial Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Songwon Industrial.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-28ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Songwon Industrial Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Songwon Industrial based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5025.095
Ma 20Greater thanMa 5014,419.500
Ma 50Greater thanMa 10015,179.600
Ma 100Greater thanMa 20016,696.300
OpenGreater thanClose13,950.000
Total1/5 (20.0%)
Penke

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