Share cancellation: On May 8, 2026, the board approved cancellation of all 3,454,665 treasury shares (approx. 4.0% of total issued), boosting EPS and shareholder value.
Dividend: Maintained cash dividend of KRW 120 per common share and KRW 125 per preferred share for FY2025 despite a consolidated net loss of KRW 60.3B due to FTC penalty. 3-year average payout ratio: consolidated 23.6%, separate 36.6%.
Financials: Consolidated revenue KRW 1.356 trillion, operating profit KRW 56.6B (up YoY), net loss KRW 60.3B. Separate total assets KRW 1.036 trillion.
Governance weaknesses: Multiple non-compliances with recommended principles: shareholder meeting notice only 2 weeks (recommended 4), no electronic voting, no dividend predictability, no CEO succession plan, all-male board, inadequate internal transaction controls. These pose long-term governance risk.
[AI Comprehensive Analysis]The share cancellation is positive for short-term shareholder return, but the consolidated net loss and governance deficiencies weigh on mid-to-long-term enterprise value. Future stable profitability and governance improvements will be key for the stock outlook.