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Mirae Corporation
Buy, Hold or Sell?

Let's analyse Mirae together

PenkeI guess you are interested in Mirae Corporation. 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 Mirae Corporation. 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 Mirae (30 sec.)










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

How much money do you get?

How much money do you get?
₩0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
₩2,463.35
Expected worth in 1 year
₩1,856.31
How sure are you?
47.5%

+ What do you gain per year?

Total Gains per Share
₩-607.03
Return On Investment
-23.1%

For what price can you sell your share?

Current Price per Share
₩2,625.00
Expected price per share
₩1,975 - ₩2,730
How sure are you?
50%

1. Valuation of Mirae (5 min.)




Live pricePrice per Share (EOD)

₩2,625.00

Intrinsic Value Per Share

₩12,379.30 - ₩14,874.93

Total Value Per Share

₩14,842.65 - ₩17,338.27

2. Growth of Mirae (5 min.)




Is Mirae growing?

Current yearPrevious yearGrowGrow %
How rich?$52.4m$65.5m-$5.4m-9.1%

How much money is Mirae making?

Current yearPrevious yearGrowGrow %
Making money-$5.7m$1.4m-$7.1m-124.3%
Net Profit Margin-248.9%13.5%--

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

3. Financial Health of Mirae (5 min.)




4. Comparing to competitors in the Semiconductor Equipment & Materials industry (5 min.)




  Industry Rankings (Semiconductor Equipment & Materials)  


Richest
#127 / 151

Most Revenue
#143 / 151

Most Profit
#139 / 151

Most Efficient
#150 / 151

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

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

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

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

Speculation

The Price per Share of Mirae is ₩2,625. 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 Mirae.
  • 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 Mirae, 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 ₩2,463.35. Based on the TTM, the Book Value Change Per Share is ₩-151.76 per quarter. Based on the YOY, the Book Value Change Per Share is ₩71.72 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 ₩0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Mirae.

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 Eps-0.450.0%-0.190.0%0.080.0%-0.030.0%-0.030.0%
Usd Book Value Change Per Share-0.460.0%-0.110.0%0.050.0%0.030.0%0.030.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.460.0%-0.110.0%0.050.0%0.030.0%0.030.0%
Usd Price Per Share1.78-9.25-7.62-5.38-2.78-
Price to Earnings Ratio-0.98--205.52-9.27-214.48-106.54-
Price-to-Total Gains Ratio-3.85--159.30-61.35--104.91--54.55-
Price to Book Ratio1.03-4.68-3.58-2.81-1.48-
Price-to-Total Gains Ratio-3.85--159.30-61.35--104.91--54.55-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.8375
Number of shares544
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.110.03
Usd Total Gains Per Share-0.110.03
Gains per Quarter (544 shares)-57.7917.10
Gains per Year (544 shares)-231.1668.39
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-231-24106858
20-462-4720137126
30-693-7030205194
40-925-9340274262
50-1156-11650342330
60-1387-13960410398
70-1618-16270479466
80-1849-18580547534
90-2080-20890616602
100-2312-23200684670

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 Share0.04.00.00.0%6.06.00.050.0%8.012.00.040.0%10.021.09.025.0%12.021.011.027.3%
Book Value Change Per Share1.03.00.025.0%7.05.00.058.3%11.09.00.055.0%19.021.00.047.5%20.024.00.045.5%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.040.00.0%0.00.044.00.0%
Total Gains per Share1.03.00.025.0%7.05.00.058.3%11.09.00.055.0%19.021.00.047.5%20.024.00.045.5%

Fundamentals of Mirae

About Mirae Corporation

Mirae Corporation manufactures and sells semiconductor equipment in South Korea, China, and rest of Asia, Europe, Africa, north America, and south America. It offers hybrid placement and insertion systems; radial, axial, stick, bowl, and tray feeders; and SMT software consisting of standard machine software, feeder barcode systems, LED rank control systems, offline editor software, offline feeder setup software, and line manager systems. The company also provides memory and module test handlers, application and logic test handlers, and burn in sorters; linear motor technology products; and mask manufacture equipment. It sells its products through a network of agents. Mirae Corporation was founded in 1983 and is headquartered in Cheonan-si, South Korea.

Fundamental data was last updated by Penke on 2024-03-24 12:26:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very 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 fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Mirae Corporation.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Mirae to the Semiconductor Equipment & Materials industry mean.
  • A Net Profit Margin of -755.6% means that ₩-7.56 for each ₩1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Mirae Corporation:

  • The MRQ is -755.6%. The company is making a huge loss. -2
  • The TTM is -248.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-755.6%TTM-248.9%-506.7%
TTM-248.9%YOY13.5%-262.4%
TTM-248.9%5Y-48.6%-200.3%
5Y-48.6%10Y-31.7%-16.9%
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-755.6%9.6%-765.2%
TTM-248.9%10.1%-259.0%
YOY13.5%14.4%-0.9%
5Y-48.6%11.5%-60.1%
10Y-31.7%9.2%-40.9%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Mirae to the Semiconductor Equipment & Materials industry mean.
  • -19.3% Return on Assets means that Mirae generated ₩-0.19 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Mirae Corporation:

  • The MRQ is -19.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -7.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-19.3%TTM-7.5%-11.8%
TTM-7.5%YOY1.5%-9.1%
TTM-7.5%5Y-1.8%-5.8%
5Y-1.8%10Y-1.7%-0.1%
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-19.3%1.3%-20.6%
TTM-7.5%1.5%-9.0%
YOY1.5%2.1%-0.6%
5Y-1.8%1.7%-3.5%
10Y-1.7%1.5%-3.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Mirae to the Semiconductor Equipment & Materials industry mean.
  • -26.4% Return on Equity means Mirae generated ₩-0.26 for each ₩1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Mirae Corporation:

  • The MRQ is -26.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -10.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-26.4%TTM-10.6%-15.8%
TTM-10.6%YOY2.1%-12.7%
TTM-10.6%5Y-2.5%-8.1%
5Y-2.5%10Y-2.3%-0.2%
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-26.4%2.4%-28.8%
TTM-10.6%2.4%-13.0%
YOY2.1%3.7%-1.6%
5Y-2.5%2.9%-5.4%
10Y-2.3%2.7%-5.0%

1.2. Operating Efficiency of Mirae Corporation.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Mirae is operating .

  • Measures how much profit Mirae 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 Mirae to the Semiconductor Equipment & Materials 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 Mirae Corporation:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM3.9%-3.9%
TTM3.9%YOY15.2%-11.3%
TTM3.9%5Y5.8%-1.9%
5Y5.8%10Y-4.1%+10.0%
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.7%-13.7%
TTM3.9%4.8%-0.9%
YOY15.2%16.0%-0.8%
5Y5.8%12.5%-6.7%
10Y-4.1%8.2%-12.3%
1.2.2. Operating Ratio

Measures how efficient Mirae is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Semiconductor Equipment & Materials industry mean).
  • An Operation Ratio of 14.94 means that the operating costs are ₩14.94 for each ₩1 in net sales.

Let's take a look of the Operating Ratio trends of Mirae Corporation:

  • The MRQ is 14.939. The company is inefficient in keeping operating costs low. -1
  • The TTM is 4.770. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ14.939TTM4.770+10.169
TTM4.770YOY1.441+3.330
TTM4.7705Y2.293+2.477
5Y2.29310Y1.850+0.444
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ14.9391.441+13.498
TTM4.7701.430+3.340
YOY1.4411.392+0.049
5Y2.2931.400+0.893
10Y1.8501.264+0.586

1.3. Liquidity of Mirae Corporation.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Semiconductor Equipment & Materials industry mean).
  • A Current Ratio of 2.16 means the company has ₩2.16 in assets for each ₩1 in short-term debts.

Let's take a look of the Current Ratio trends of Mirae Corporation:

  • The MRQ is 2.158. The company is able to pay all its short-term debts. +1
  • The TTM is 2.418. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.158TTM2.418-0.261
TTM2.418YOY2.282+0.137
TTM2.4185Y3.206-0.787
5Y3.20610Y2.668+0.538
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1582.535-0.377
TTM2.4182.535-0.117
YOY2.2822.513-0.231
5Y3.2062.667+0.539
10Y2.6682.366+0.302
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Mirae to the Semiconductor Equipment & Materials industry mean.
  • A Quick Ratio of 1.09 means the company can pay off ₩1.09 for each ₩1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Mirae Corporation:

  • The MRQ is 1.087. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 0.645. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ1.087TTM0.645+0.442
TTM0.645YOY0.539+0.107
TTM0.6455Y0.893-0.247
5Y0.89310Y1.087-0.194
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0870.918+0.169
TTM0.6450.927-0.282
YOY0.5390.957-0.418
5Y0.8931.175-0.282
10Y1.0871.165-0.078

1.4. Solvency of Mirae Corporation.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Mirae to Semiconductor Equipment & Materials industry mean.
  • A Debt to Asset Ratio of 0.27 means that Mirae assets are financed with 26.7% credit (debt) and the remaining percentage (100% - 26.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Mirae Corporation:

  • The MRQ is 0.267. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.277. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.267TTM0.277-0.010
TTM0.277YOY0.293-0.016
TTM0.2775Y0.288-0.011
5Y0.28810Y0.311-0.022
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2670.368-0.101
TTM0.2770.371-0.094
YOY0.2930.381-0.088
5Y0.2880.364-0.076
10Y0.3110.374-0.063
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Mirae to the Semiconductor Equipment & Materials industry mean.
  • A Debt to Equity ratio of 36.5% means that company has ₩0.36 debt for each ₩1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Mirae Corporation:

  • The MRQ is 0.365. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.388. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.365TTM0.388-0.023
TTM0.388YOY0.415-0.027
TTM0.3885Y0.423-0.035
5Y0.42310Y0.482-0.059
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3650.583-0.218
TTM0.3880.606-0.218
YOY0.4150.654-0.239
5Y0.4230.581-0.158
10Y0.4820.646-0.164

2. Market Valuation of Mirae Corporation

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 Mirae generates.

  • Above 15 is considered overpriced but always compare Mirae to the Semiconductor Equipment & Materials industry mean.
  • A PE ratio of -0.98 means the investor is paying ₩-0.98 for every ₩1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Mirae Corporation:

  • The EOD is -1.010. Based on the earnings, the company is expensive. -2
  • The MRQ is -0.979. Based on the earnings, the company is expensive. -2
  • The TTM is -205.517. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.010MRQ-0.979-0.031
MRQ-0.979TTM-205.517+204.538
TTM-205.517YOY9.273-214.790
TTM-205.5175Y214.482-419.999
5Y214.48210Y106.544+107.939
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
EOD-1.01019.587-20.597
MRQ-0.97917.678-18.657
TTM-205.51719.426-224.943
YOY9.27316.204-6.931
5Y214.48225.400+189.082
10Y106.54423.412+83.132
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -26.899. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -26.079. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 59.305. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD-26.899MRQ-26.079-0.820
MRQ-26.079TTM59.305-85.384
TTM59.305YOY-21.486+80.791
TTM59.3055Y88.785-29.480
5Y88.78510Y44.393+44.393
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
EOD-26.8997.894-34.793
MRQ-26.0797.391-33.470
TTM59.3052.468+56.837
YOY-21.4862.927-24.413
5Y88.7851.867+86.918
10Y44.393-1.251+45.644
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Semiconductor Equipment & Materials industry mean).
  • A PB ratio of 1.03 means the investor is paying ₩1.03 for each ₩1 in book value.

Let's take a look of the Price to Book Ratio trends of Mirae Corporation:

  • The EOD is 1.066. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.033. Based on the equity, the company is underpriced. +1
  • The TTM is 4.685. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD1.066MRQ1.033+0.032
MRQ1.033TTM4.685-3.651
TTM4.685YOY3.583+1.101
TTM4.6855Y2.809+1.875
5Y2.80910Y1.485+1.324
Compared to industry (Semiconductor Equipment & Materials)
PeriodCompanyIndustry (mean)+/- 
EOD1.0662.600-1.534
MRQ1.0332.510-1.477
TTM4.6852.492+2.193
YOY3.5832.805+0.778
5Y2.8092.779+0.030
10Y1.4853.026-1.541
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Mirae Corporation 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---661.360-151.759-77%71.721-1022%44.900-1573%36.460-1914%
Book Value Per Share--2463.3452822.142-13%3079.026-20%2428.422+1%2079.149+18%
Current Ratio--2.1582.418-11%2.282-5%3.206-33%2.668-19%
Debt To Asset Ratio--0.2670.277-3%0.293-9%0.288-7%0.311-14%
Debt To Equity Ratio--0.3650.388-6%0.415-12%0.423-14%0.482-24%
Dividend Per Share----0%-0%-0%-0%
Eps---649.832-271.608-58%108.510-699%-39.415-94%-40.612-94%
Free Cash Flow Per Share---24.39749.079-150%-5.644-77%-4.939-80%-4.939-80%
Free Cash Flow To Equity Per Share---24.397-26.567+9%-19.456-20%42.578-157%42.578-157%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.775+29%
Intrinsic Value_10Y_max--14874.925--------
Intrinsic Value_10Y_min--12379.303--------
Intrinsic Value_1Y_max--296.149--------
Intrinsic Value_1Y_min--290.188--------
Intrinsic Value_3Y_max--1800.097--------
Intrinsic Value_3Y_min--1700.144--------
Intrinsic Value_5Y_max--4401.507--------
Intrinsic Value_5Y_min--4007.018--------
Market Cap79822575000.000+3%77389887000.000401887671153.225-81%331149664643.010-77%233639162220.591-67%120854254671.410-36%
Net Profit Margin---7.556-2.489-67%0.135-5716%-0.486-94%-0.317-96%
Operating Margin---0.039-100%0.152-100%0.058-100%-0.0410%
Operating Ratio--14.9394.770+213%1.441+937%2.293+551%1.850+708%
Pb Ratio1.066+3%1.0334.685-78%3.583-71%2.809-63%1.485-30%
Pe Ratio-1.010-3%-0.979-205.517+20890%9.273-111%214.482-100%106.544-101%
Price Per Share2625.000+3%2545.00013216.250-81%10890.000-77%7683.325-67%3974.345-36%
Price To Free Cash Flow Ratio-26.899-3%-26.07959.305-144%-21.486-18%88.785-129%44.393-159%
Price To Total Gains Ratio-3.969-3%-3.848-159.298+4040%61.353-106%-104.913+2626%-54.551+1318%
Quick Ratio--1.0870.645+68%0.539+102%0.893+22%1.087+0%
Return On Assets---0.193-0.075-61%0.015-1387%-0.018-91%-0.017-91%
Return On Equity---0.264-0.106-60%0.021-1376%-0.025-90%-0.023-91%
Total Gains Per Share---661.360-151.759-77%71.721-1022%44.900-1573%36.460-1914%
Usd Book Value--52434818.32460072180.424-13%65540201.188-20%51691440.488+1%44256799.880+18%
Usd Book Value Change Per Share---0.463-0.106-77%0.050-1022%0.031-1573%0.026-1914%
Usd Book Value Per Share--1.7241.975-13%2.155-20%1.700+1%1.455+18%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.455-0.190-58%0.076-699%-0.028-94%-0.028-94%
Usd Free Cash Flow---519320.0041044686.514-150%-120129.707-77%-84112.843-84%-42056.421-92%
Usd Free Cash Flow Per Share---0.0170.034-150%-0.004-77%-0.003-80%-0.003-80%
Usd Free Cash Flow To Equity Per Share---0.017-0.019+9%-0.014-20%0.030-157%0.030-157%
Usd Market Cap55875802.500+3%54172920.900281321369.807-81%231804765.250-77%163547413.554-67%84597978.270-36%
Usd Price Per Share1.838+3%1.7829.251-81%7.623-77%5.378-67%2.782-36%
Usd Profit---13832332.283-5781457.253-58%1404088.707-1085%-1105565.049-92%-997747.473-93%
Usd Revenue--1830684.8283804406.144-52%9830097.120-81%6842577.672-73%5905265.466-69%
Usd Total Gains Per Share---0.463-0.106-77%0.050-1022%0.031-1573%0.026-1914%
 EOD+5 -3MRQTTM+9 -24YOY+7 -265Y+11 -2210Y+12 -21

3.2. Fundamental Score

Let's check the fundamental score of Mirae Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-1.010
Price to Book Ratio (EOD)Between0-11.066
Net Profit Margin (MRQ)Greater than0-7.556
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.087
Current Ratio (MRQ)Greater than12.158
Debt to Asset Ratio (MRQ)Less than10.267
Debt to Equity Ratio (MRQ)Less than10.365
Return on Equity (MRQ)Greater than0.15-0.264
Return on Assets (MRQ)Greater than0.05-0.193
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Mirae Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.499
Ma 20Greater thanMa 502,078.850
Ma 50Greater thanMa 1002,255.040
Ma 100Greater thanMa 2002,512.770
OpenGreater thanClose2,040.000
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
Gross Profit  4,198,765-2,273,8111,924,9541,121,2843,046,238-22,9843,023,254-18,333,480-15,310,226



Latest Balance Sheet

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

Summary
Total Assets102,246,105
Total Liabilities27,339,221
Total Stockholder Equity74,906,883
 As reported
Total Liabilities 27,339,221
Total Stockholder Equity+ 74,906,883
Total Assets = 102,246,105

Assets

Total Assets102,246,105
Total Current Assets47,804,355
Long-term Assets54,441,750
Total Current Assets
Cash And Cash Equivalents 9,492,280
Short-term Investments 21,181,000
Net Receivables 2,904,415
Inventory 7,463,679
Other Current Assets 0
Total Current Assets  (as reported)47,804,355
Total Current Assets  (calculated)41,041,375
+/- 6,762,980
Long-term Assets
Property Plant Equipment 16,827,876
Goodwill 431,148
Intangible Assets 870,766
Long-term Assets  (as reported)54,441,750
Long-term Assets  (calculated)18,129,790
+/- 36,311,960

Liabilities & Shareholders' Equity

Total Current Liabilities22,156,241
Long-term Liabilities5,182,980
Total Stockholder Equity74,906,883
Total Current Liabilities
Short Long Term Debt 14,611,227
Accounts payable 1,071,452
Other Current Liabilities -1
Total Current Liabilities  (as reported)22,156,241
Total Current Liabilities  (calculated)15,682,678
+/- 6,473,562
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt642,382
Long-term Liabilities Other 0
Long-term Liabilities  (as reported)5,182,980
Long-term Liabilities  (calculated)642,382
+/- 4,540,599
Total Stockholder Equity
Total Stockholder Equity (as reported)74,906,883
Total Stockholder Equity (calculated)0
+/- 74,906,883
Other
Capital Stock15,214,885
Common Stock Shares Outstanding 30,409
Net Debt 5,118,947
Net Invested Capital 89,518,110
Net Working Capital 25,648,114
Property Plant and Equipment Gross 37,404,099



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 
97,847,314
98,699,487
95,046,406
75,968,359
77,601,102
75,262,655
71,473,705
64,768,918
67,868,060
72,907,662
70,357,241
70,111,792
70,313,099
68,120,288
86,534,021
84,503,325
92,455,424
96,134,139
97,926,954
84,456,717
84,119,304
79,152,024
77,431,075
68,651,324
66,477,793
70,192,819
65,319,345
73,661,190
78,619,261
76,047,871
97,020,347
95,757,333
107,287,453
118,822,230
111,905,347
117,721,879
122,220,086
133,007,053
140,278,029
134,409,510
131,905,665
120,254,916
120,941,339
102,246,105
102,246,105120,941,339120,254,916131,905,665134,409,510140,278,029133,007,053122,220,086117,721,879111,905,347118,822,230107,287,45395,757,33397,020,34776,047,87178,619,26173,661,19065,319,34570,192,81966,477,79368,651,32477,431,07579,152,02484,119,30484,456,71797,926,95496,134,13992,455,42484,503,32586,534,02168,120,28870,313,09970,111,79270,357,24172,907,66267,868,06064,768,91871,473,70575,262,65577,601,10275,968,35995,046,40698,699,48797,847,314
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
56,957,603
64,569,769
67,977,236
69,431,337
58,213,327
58,555,869
54,006,111
52,520,198
47,396,264
38,035,628
40,013,219
37,182,578
51,685,504
55,761,135
44,568,312
54,723,628
39,735,830
46,953,074
52,371,955
51,743,259
70,058,253
73,417,329
73,098,857
77,051,346
75,437,247
74,746,432
70,849,731
68,747,308
47,804,355
47,804,35568,747,30870,849,73174,746,43275,437,24777,051,34673,098,85773,417,32970,058,25351,743,25952,371,95546,953,07439,735,83054,723,62844,568,31255,761,13551,685,50437,182,57840,013,21938,035,62847,396,26452,520,19854,006,11158,555,86958,213,32769,431,33767,977,23664,569,76956,957,603000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
13,393,783
19,987,339
21,098,300
12,246,543
4,732,003
4,303,281
1,470,174
3,582,852
2,017,876
2,906,707
4,553,686
1,547,774
31,174,914
34,714,059
25,554,594
20,492,175
10,723,865
14,803,602
19,946,132
22,684,289
38,168,303
28,653,068
22,833,279
33,749,379
31,630,418
36,349,340
33,200,249
14,621,117
9,492,280
9,492,28014,621,11733,200,24936,349,34031,630,41833,749,37922,833,27928,653,06838,168,30322,684,28919,946,13214,803,60210,723,86520,492,17525,554,59434,714,05931,174,9141,547,7744,553,6862,906,7072,017,8763,582,8521,470,1744,303,2814,732,00312,246,54321,098,30019,987,33913,393,783000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,000,000
0
1,000,000
5,200,000
7,200,000
10,200,000
10,700,000
11,413,350
12,269,945
6,711,019
5,197,486
3,047,699
1,500,000
3,500,000
6,000,000
0
0
0
0
0
0
1
1
0
0
0
16,181,000
21,181,000
21,181,00016,181,000000110000006,000,0003,500,0001,500,0003,047,6995,197,4866,711,01912,269,94511,413,35010,700,00010,200,0007,200,0005,200,0001,000,00001,000,0000000000000000000
       Net Receivables 
18,377,453
19,191,206
16,598,149
13,588,118
15,337,551
11,827,241
10,823,183
8,070,597
12,886,347
23,104,571
21,586,180
21,195,406
22,455,548
20,502,890
19,603,679
24,169,672
22,865,953
23,488,772
27,121,804
11,571,901
11,314,121
9,561,747
10,025,728
11,947,726
8,961,601
13,462,272
16,972,268
8,851,148
6,973,484
7,566,238
15,895,757
17,242,967
15,526,024
15,214,689
11,594,742
12,436,935
20,087,232
21,497,642
15,760,655
12,858,742
5,627,952
11,029,411
5,493,268
2,904,415
2,904,4155,493,26811,029,4115,627,95212,858,74215,760,65521,497,64220,087,23212,436,93511,594,74215,214,68915,526,02417,242,96715,895,7577,566,2386,973,4848,851,14816,972,26813,462,2728,961,60111,947,72610,025,7289,561,74711,314,12111,571,90127,121,80423,488,77222,865,95324,169,67219,603,67920,502,89022,455,54821,195,40621,586,18023,104,57112,886,3478,070,59710,823,18311,827,24115,337,55113,588,11816,598,14919,191,20618,377,453
       Other Current Assets 
360,294
79,318
110,722
422,334
193,784
237,729
435,078
174,169
468,835
392,511
768,541
629,273
609,252
656,926
990,263
481,460
560,282
513,992
503,337
563,484
695,469
626,519
109,811
3,636,893
1
-1
0
63,677
475,354
881,565
1,086,082
355,025
398,546
286,496
534,092
239,472
363,134
1,481,302
1,507,631
2
-2,922,065
343,872
0
0
00343,872-2,922,06521,507,6311,481,302363,134239,472534,092286,496398,546355,0251,086,082881,565475,35463,6770-113,636,893109,811626,519695,469563,484503,337513,992560,282481,460990,263656,926609,252629,273768,541392,511468,835174,169435,078237,729193,784422,334110,72279,318360,294
   > 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
28,442,165
30,179,601
28,136,766
23,124,608
22,858,126
31,479,559
42,296,719
56,021,503
60,334,379
66,450,275
60,162,088
47,663,626
48,802,757
59,908,196
63,226,683
58,972,262
57,159,233
42,300,773
52,194,030
54,441,750
54,441,75052,194,03042,300,77357,159,23358,972,26263,226,68359,908,19648,802,75747,663,62660,162,08866,450,27560,334,37956,021,50342,296,71931,479,55922,858,12623,124,60828,136,76630,179,60128,442,165000000000000000000000000
       Property Plant Equipment 
23,344,394
23,262,316
22,988,641
21,813,142
21,626,804
21,379,768
21,185,169
20,939,530
21,245,469
21,197,634
20,988,367
20,730,266
20,610,676
20,371,086
20,454,275
20,298,475
20,300,626
20,094,801
20,218,979
20,019,935
19,797,536
19,669,549
19,457,814
19,234,680
18,934,301
19,148,670
19,038,186
18,464,622
18,314,400
18,101,379
18,383,803
25,809,246
26,046,488
29,972,588
30,300,354
17,742,991
17,669,661
17,693,794
17,531,261
16,496,109
16,456,063
16,415,544
16,927,734
16,827,876
16,827,87616,927,73416,415,54416,456,06316,496,10917,531,26117,693,79417,669,66117,742,99130,300,35429,972,58826,046,48825,809,24618,383,80318,101,37918,314,40018,464,62219,038,18619,148,67018,934,30119,234,68019,457,81419,669,54919,797,53620,019,93520,218,97920,094,80120,300,62620,298,47520,454,27520,371,08620,610,67620,730,26620,988,36721,197,63421,245,46920,939,53021,185,16921,379,76821,626,80421,813,14222,988,64123,262,31623,344,394
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
959,572
1,065,035
1,065,035
0
0
0
0
0
431,148
431,148
431,148
431,148
431,148
431,148
431,148
431,148
431,148
431,148
431,148
431,148
431,148431,148431,148431,148431,148431,148431,148431,148431,148431,148431,148431,148000001,065,0351,065,035959,572000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,577
28,577
28,577
28,577
1,073,347
1,073,347
1,073,347
1,073,347
481,906
517,906
526,906
535,906
536,570
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000536,570535,906526,906517,906481,9061,073,3471,073,3471,073,3471,073,34728,57728,57728,57728,577000000000000000
       Intangible Assets 
4,548,228
4,465,682
4,369,158
4,289,996
4,197,016
4,192,589
4,085,565
3,960,549
3,858,971
3,760,173
3,676,009
3,598,605
3,576,168
3,501,456
3,443,112
3,372,514
3,332,853
3,289,568
3,243,848
813,774
774,901
737,966
705,413
676,871
4,063,169
3,878,941
3,549,462
715,015
665,724
1,266,517
1,368,876
886,215
1,888,801
1,317,590
1,312,679
1,328,093
1,433,794
1,428,847
1,432,247
1,342,723
1,340,582
364,647
359,678
870,766
870,766359,678364,6471,340,5821,342,7231,432,2471,428,8471,433,7941,328,0931,312,6791,317,5901,888,801886,2151,368,8761,266,517665,724715,0153,549,4623,878,9414,063,169676,871705,413737,966774,901813,7743,243,8483,289,5683,332,8533,372,5143,443,1123,501,4563,576,1683,598,6053,676,0093,760,1733,858,9713,960,5494,085,5654,192,5894,197,0164,289,9964,369,1584,465,6824,548,228
       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
271,629
271,631
271,630
271,630
271,631
271,630
271,630
0
-1
-2
0
-2
1
-1
0
0
-1
-1
0
0
00-1-100-11-20-2-10271,630271,630271,631271,630271,630271,631271,629000000000000000000000000
> Total Liabilities 
59,405,592
60,322,194
58,993,169
45,408,909
38,416,522
38,887,254
37,203,931
26,894,156
29,616,874
30,817,698
28,441,281
21,859,322
23,035,099
20,470,012
15,563,266
11,408,136
20,100,421
24,919,205
27,266,761
23,839,976
23,638,498
22,537,502
22,119,781
21,051,441
21,414,301
27,139,407
23,910,003
8,525,934
12,335,783
9,009,242
37,286,754
31,682,005
41,509,963
46,802,464
27,024,147
33,079,604
35,494,509
38,709,385
40,151,793
41,043,554
39,687,173
39,128,606
25,923,421
27,339,221
27,339,22125,923,42139,128,60639,687,17341,043,55440,151,79338,709,38535,494,50933,079,60427,024,14746,802,46441,509,96331,682,00537,286,7549,009,24212,335,7838,525,93423,910,00327,139,40721,414,30121,051,44122,119,78122,537,50223,638,49823,839,97627,266,76124,919,20520,100,42111,408,13615,563,26620,470,01223,035,09921,859,32228,441,28130,817,69829,616,87426,894,15637,203,93138,887,25438,416,52245,408,90958,993,16960,322,19459,405,592
   > Total Current Liabilities 
48,557,378
49,934,666
49,133,715
37,241,698
30,826,057
31,970,141
30,810,566
21,276,560
23,965,499
27,155,690
24,681,849
17,702,413
18,681,951
16,084,353
10,994,876
6,618,644
6,110,490
19,868,907
14,707,552
19,051,167
18,692,802
17,583,939
17,061,662
16,116,378
16,203,019
20,535,082
17,841,977
4,665,215
8,853,489
5,452,421
24,696,622
19,308,508
23,410,907
28,822,638
18,014,654
29,058,103
31,405,277
32,241,241
33,604,851
33,854,992
32,440,954
35,104,046
21,525,502
22,156,241
22,156,24121,525,50235,104,04632,440,95433,854,99233,604,85132,241,24131,405,27729,058,10318,014,65428,822,63823,410,90719,308,50824,696,6225,452,4218,853,4894,665,21517,841,97720,535,08216,203,01916,116,37817,061,66217,583,93918,692,80219,051,16714,707,55219,868,9076,110,4906,618,64410,994,87616,084,35318,681,95117,702,41324,681,84927,155,69023,965,49921,276,56030,810,56631,970,14130,826,05737,241,69849,133,71549,934,66648,557,378
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
535,535
9,051,532
6,994,819
7,279,278
7,576,323
7,886,359
8,210,427
0
0
2,605,000
5,826,551
5,226,001
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000005,226,0015,826,5512,605,000008,210,4277,886,3597,576,3237,279,2786,994,8199,051,532535,535000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
535,535
9,051,532
6,994,819
7,279,278
7,576,323
7,886,359
8,210,427
0
0
2,605,000
5,826,551
5,226,001
0
0
0
6,582,924
7,827,942
8,879,944
9,183,833
9,769,663
16,340,455
16,673,444
20,016,928
20,378,268
20,760,418
20,026,310
16,141,972
16,031,143
14,611,227
14,611,22716,031,14316,141,97220,026,31020,760,41820,378,26820,016,92816,673,44416,340,4559,769,6639,183,8338,879,9447,827,9426,582,9240005,226,0015,826,5512,605,000008,210,4277,886,3597,576,3237,279,2786,994,8199,051,532535,535000000000000000
       Accounts payable 
12,035,693
14,335,623
14,392,971
12,240,610
9,918,928
11,807,612
8,842,734
6,172,480
8,369,214
6,612,549
4,534,458
4,763,057
5,423,398
6,411,537
2,674,864
3,572,707
3,563,038
7,600,372
9,970,175
5,272,407
4,388,686
3,572,290
3,545,345
2,278,080
10,097,511
10,939,045
8,511,212
2,109,654
4,019,108
2,593,762
8,803,986
3,755,918
6,366,542
7,557,588
3,907,716
4,835,748
6,452,391
5,187,476
4,705,063
2,542,470
1,555,129
1,197,624
663,576
1,071,452
1,071,452663,5761,197,6241,555,1292,542,4704,705,0635,187,4766,452,3914,835,7483,907,7167,557,5886,366,5423,755,9188,803,9862,593,7624,019,1082,109,6548,511,21210,939,04510,097,5112,278,0803,545,3453,572,2904,388,6865,272,4079,970,1757,600,3723,563,0383,572,7072,674,8646,411,5375,423,3984,763,0574,534,4586,612,5498,369,2146,172,4808,842,73411,807,6129,918,92812,240,61014,392,97114,335,62312,035,693
       Other Current Liabilities 
4,823,816
4,243,868
5,138,951
3,371,189
3,705,511
3,592,497
2,568,754
3,935,991
2,769,162
2,385,867
1,848,127
1,954,124
2,226,720
1,872,816
2,720,012
2,510,402
2,547,452
5,273,716
4,736,377
6,202,437
6,417,757
4,812,267
4,314,341
4,110,791
1
0
-2
1,921,149
4,185,775
2,419,963
8,622,672
7,210,241
7,536,369
11,415,648
3,858,938
7,053,225
7,786,122
6,449,383
7,693,423
-1
1
17,385,686
1
-1
-1117,385,6861-17,693,4236,449,3837,786,1227,053,2253,858,93811,415,6487,536,3697,210,2418,622,6722,419,9634,185,7751,921,149-2014,110,7914,314,3414,812,2676,417,7576,202,4374,736,3775,273,7162,547,4522,510,4022,720,0121,872,8162,226,7201,954,1241,848,1272,385,8672,769,1623,935,9912,568,7543,592,4973,705,5113,371,1895,138,9514,243,8684,823,816
   > 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
5,211,282
6,604,325
6,068,026
3,860,718
3,482,294
3,556,821
12,590,131
12,373,498
18,099,056
17,979,827
9,009,492
4,021,501
4,089,232
6,468,144
6,546,942
7,188,562
7,246,219
4,024,561
4,397,919
5,182,980
5,182,9804,397,9194,024,5617,246,2197,188,5626,546,9426,468,1444,089,2324,021,5019,009,49217,979,82718,099,05612,373,49812,590,1313,556,8213,482,2943,860,7186,068,0266,604,3255,211,282000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-535,535
-9,051,532
-6,994,819
-7,279,278
-7,576,323
-7,886,359
-8,210,427
0
0
-2,605,000
-5,502,645
-4,793,843
71,103
69,802
17,859
20,654
17,612
23,972
71,386
66,211
60,948
99,633
173,154
159,394
145,386
192,488
222,724
683,159
642,382
642,382683,159222,724192,488145,386159,394173,15499,63360,94866,21171,38623,97217,61220,65417,85969,80271,103-4,793,843-5,502,645-2,605,00000-8,210,427-7,886,359-7,576,323-7,279,278-6,994,819-9,051,532-535,535000000000000000
       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
0
0
0
0
0
0
0
25,500
0
0
0
0
0
2,218,316
2,225,514
3,341,327
3,349,808
0
0
0
0003,349,8083,341,3272,225,5142,218,3160000025,5000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,168,310
3,565,832
4,108,650
4,376,772
3,756,629
3,550,189
3,343,748
3,137,307
341,181
315,594
290,004
264,415
238,826
213,237
245,352
364,413
0
53,992
0
1
1
0
0
0
0
0
0
0
0
0000000011053,9920364,413245,352213,237238,826264,415290,004315,594341,1813,137,3073,343,7483,550,1893,756,6294,376,7724,108,6503,565,8323,168,310000000000000000
> Total Stockholder Equity
38,441,722
38,377,293
36,053,238
30,559,451
39,184,580
36,375,401
34,269,774
37,874,762
38,251,187
42,067,788
41,854,672
48,174,398
47,188,972
47,577,091
70,918,250
73,095,189
72,355,003
71,214,934
70,660,193
60,616,740
60,480,806
56,614,522
55,311,294
47,599,883
45,063,492
43,053,412
41,409,342
65,135,256
66,283,478
67,038,629
59,733,593
64,075,328
65,777,490
72,019,766
84,881,200
84,642,275
86,725,576
94,297,667
100,126,236
93,365,956
92,218,491
81,126,309
95,017,918
74,906,883
74,906,88395,017,91881,126,30992,218,49193,365,956100,126,23694,297,66786,725,57684,642,27584,881,20072,019,76665,777,49064,075,32859,733,59367,038,62966,283,47865,135,25641,409,34243,053,41245,063,49247,599,88355,311,29456,614,52260,480,80660,616,74070,660,19371,214,93472,355,00373,095,18970,918,25047,577,09147,188,97248,174,39841,854,67242,067,78838,251,18737,874,76234,269,77436,375,40139,184,58030,559,45136,053,23838,377,29338,441,722
   Common Stock
30,109,444
30,109,444
30,109,444
30,109,444
35,507,199
35,507,199
35,507,199
44,507,199
44,507,199
44,507,199
44,507,199
50,101,604
50,101,604
51,496,026
61,296,026
63,081,840
63,081,840
63,081,840
63,081,840
63,081,840
63,181,840
63,181,840
63,481,840
63,481,840
63,481,840
63,481,840
63,481,840
84,321,840
84,321,840
1,686,437
1,686,437
1,866,293
1,866,293
1,866,293
2,226,004
2,226,004
2,226,004
2,226,004
2,226,004
0
0
2,287,738
0
0
002,287,738002,226,0042,226,0042,226,0042,226,0042,226,0041,866,2931,866,2931,866,2931,686,4371,686,43784,321,84084,321,84063,481,84063,481,84063,481,84063,481,84063,481,84063,181,84063,181,84063,081,84063,081,84063,081,84063,081,84063,081,84061,296,02651,496,02650,101,60450,101,60444,507,19944,507,19944,507,19944,507,19935,507,19935,507,19935,507,19930,109,44430,109,44430,109,44430,109,444
   Retained Earnings 
407,779
1,499,050
397,984
397,984
0
0
0
397,984
435,317
547,317
659,317
771,317
883,317
995,317
1,107,317
867,317
909,984
909,984
909,984
765,057
637,057
-42,101,320
-43,979,535
-50,059,183
-52,534,032
-54,560,284
-56,208,967
-55,910,638
-55,820,900
-54,820,332
-62,016,801
-62,556,861
-60,808,304
-54,343,435
-55,504,863
-55,721,513
-53,607,658
-46,013,065
-40,214,188
-47,191,832
-49,500,606
-60,433,279
-60,427,489
-80,485,731
-80,485,731-60,427,489-60,433,279-49,500,606-47,191,832-40,214,188-46,013,065-53,607,658-55,721,513-55,504,863-54,343,435-60,808,304-62,556,861-62,016,801-54,820,332-55,820,900-55,910,638-56,208,967-54,560,284-52,534,032-50,059,183-43,979,535-42,101,320637,057765,057909,984909,984909,984867,3171,107,317995,317883,317771,317659,317547,317435,317397,984000397,984397,9841,499,050407,779
   Capital Surplus 00000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848-2,378,848
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
877,420
924,887
913,342
904,466
1,823,620
1,679,395
-1,733,761
-2,333,276
-3,965,039
-4,026,581
-4,010,408
-4,005,796
-3,926,867
-4,017,305
-3,974,394
-3,998,023
-4,111,246
-4,157,637
-4,177,241
-3,862,476
-3,884,751
-3,911,849
-3,934,351
-3,904,659
0
0
-3,784,050
0
0
00-3,784,05000-3,904,659-3,934,351-3,911,849-3,884,751-3,862,476-4,177,241-4,157,637-4,111,246-3,998,023-3,974,394-4,017,305-3,926,867-4,005,796-4,010,408-4,026,581-3,965,039-2,333,276-1,733,7611,679,3951,823,620904,466913,342924,887877,420000000000000000



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 (+$)
totalRevenue21,739,463
Cost of Revenue-29,055,243
Gross Profit-7,315,780-7,315,780
 
Operating Income (+$)
Gross Profit-7,315,780
Operating Expense-38,682,963
Operating Income-16,943,500-45,998,743
 
Operating Expense (+$)
Research Development1,117,928
Selling General Administrative3,075,854
Selling And Marketing Expenses-
Operating Expense38,682,9634,193,782
 
Net Interest Income (+$)
Interest Income264,027
Interest Expense-1,697,405
Other Finance Cost-393,602
Net Interest Income-1,826,980
 
Pretax Income (+$)
Operating Income-16,943,500
Net Interest Income-1,826,980
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-29,835,671-16,943,500
EBIT - interestExpense = -1,697,405
-33,036,898
-31,339,493
Interest Expense1,697,405
Earnings Before Interest and Taxes (EBIT)--28,138,265
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-29,835,671
Tax Provision-662,298
Net Income From Continuing Ops-30,497,969-30,497,969
Net Income-33,036,898
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-1,826,980
 

Technical Analysis of Mirae
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 Mirae. The general trend of Mirae is BEARISH with 28.6% 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 Mirae'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 (-28.6%) Bearish trend (28.6%)
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 Mirae Corporation.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 2,098 < 2,215 < 2,730.

The bearish price targets are: 2,515 > 2,515 > 1,975.

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Mirae Corporation 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 Mirae Corporation. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above 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 up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above 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 above 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

Mirae Corporation 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 Mirae Corporation. The current macd is -33.16136951.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal 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 Mirae price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Mirae. 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 Mirae 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Mirae Corporation Daily Moving Average Convergence/Divergence (MACD) ChartMirae Corporation 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 Mirae Corporation. The current adx is 30.45.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Mirae shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Mirae Corporation 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 Mirae Corporation. The current sar is 1,884.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Mirae Corporation 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 Mirae Corporation. The current rsi is 72.50. The current phase is Overbought 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).

  • Overbought in bear market: Short-term excessive buying, potential for relief decline. Consider shorting, be cautious of potential pullback. -1
  • Trending up: The RSI is trending up. +1
Mirae Corporation Daily Relative Strength Index (RSI) ChartMirae Corporation 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 Mirae Corporation. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +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 Mirae price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Mirae Corporation Daily Stochastic Oscillator ChartMirae Corporation 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 Mirae Corporation. The current cci is 265.76.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Mirae Corporation Daily Commodity Channel Index (CCI) ChartMirae Corporation 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 Mirae Corporation. The current cmo is 61.49.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Mirae Corporation Daily Chande Momentum Oscillator (CMO) ChartMirae Corporation 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 Mirae Corporation. The current willr is 0.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Mirae Corporation Daily Williams %R ChartMirae Corporation 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 Mirae Corporation.

Mirae Corporation 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 Mirae Corporation. The current atr is 122.62.

Mirae Corporation Daily Average True Range (ATR) ChartMirae Corporation 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 Mirae Corporation. The current obv is 107,238,748.

Mirae Corporation Daily On-Balance Volume (OBV) ChartMirae Corporation 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 Mirae Corporation. The current mfi is 83.07.

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

  • MFI > 50: +1
  • MFI > 80: +1
Mirae Corporation Daily Money Flow Index (MFI) ChartMirae Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Mirae Corporation.

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
2023-11-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09WILLR 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.
2023-11-17DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-21DMI 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.
2023-12-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
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
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

6.3. Candlestick Patterns

Mirae Corporation Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Mirae Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.499
Ma 20Greater thanMa 502,078.850
Ma 50Greater thanMa 1002,255.040
Ma 100Greater thanMa 2002,512.770
OpenGreater thanClose2,040.000
Total1/5 (20.0%)
Penke

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