■ Market Review

As of Oct. 27 10:25 A.M., Sungshin Cement (004980) increased 2.82% to 8,030 won (US$7.06). It had declined 9.78% through the past month. Standard deviation, the risk index for stock price, was 2.8% on the same period of time over one month.

Compared with its close competitors within the same industry, KOSPI, even though the monthly earnings rate of Sungshin Cement recorded negative, its volatility for one month was proper. Over the recent month, the return-on-risk, the return on investment with consideration about risk, was -3.4%. As bearish stock price trend, the return-on-risk was poor, compared with its peer group. However, the return-on-risk is much better than the industrial mean, -3.5, and thus the industrial comparison performance was positive.

Comparing industry to the market, the KOSPI industry including Sungshin Cement records lower volatility and earning rate than Non-metallic Mineral Products. In other words, the industry was safer and the rate of decrease is smaller than that of the market.

Close Competitors Earning rate (%) STD (1Mo) Return on Risk (1Mo)
1 Mo 3 Mo 6 Mo
Tway Holdings(004870) -10.5% -10.4% -26.3% 3.1% -3.3
DAELIM B&(005750) -10.1% -18.1% -34.0% 2.9% -3.4
SUNGSHIN CEMENT(004980) -9.8% -23.5% -32.0% 2.8% -3.4
SSYMaterials(047400) 71.0% 49.4% 65.5% 2.7% 26.2
ASIA CEMENT(183190) -0.3% -2.8% -24.7% 1.6% -0.1
Non-metallic Mineral Products -0.5% -1.9% -10.4% 1.1% -0.4
KOSPI -2.1% -1.2% 0.3% 0.6% -3.5

■ Earnings & Valuation

SUNGSHIN CEMENT(004980): 2Q(Apr ~ June) of 2016 Earnings (reported at Aug. 17. 2016)
Revenue Operating Income Net Income
2Q of 2016 1,973.2 T 268.5 T 386.2 T
Previous Quarter 42.4% increase turn to profit turn to profit
YoY 4.8% increase 1.4% decline 91.4% increase

Financial structure Overview

Compared with four close competitors with similar market capitalization within its industry, while Sungshin Cement's P/E ratio, a price-paid ratio of annual net income, is in the highest level, its P/B ratio, a financial ratio of a company's book value, is at a relatively lower value.

P/E ratio and P/B ratio

Close Compatitors ROE PER PBR Basic Date
SUNGSHIN CEMENT(004980) -3.8 - 0.6 June 2016
Tway Holdings(004870) 1.6 147.3 2.3 June 2016
SSYMaterials(047400) 6.1 32.2 2.0 June 2016
ASIA CEMENT(183190) 5.7 6.6 0.4 June 2016
DAELIM B&(005750) 5.8 17.2 1.0 June 2016

■ Investor Group

Individuals and Foreigners buy, Institutions sell From Oct. 19, institutions have been continuously selling Sungshin Cement during the past six trading days. As a shareholding sum by investor group for the past four weeks, foreigners have bought 86,161 shares with a maintenance of shareholding and individuals have bought 155,531 shares with an increasing position. However, during the same period, institutions have sold 241,692 shares with a selling trend. Turnover Rate and Price Range both proper Regarding the statistics for the past month on trade volume as the total outstanding shares, the daily turnover rate of Sungshin Cement was 0.39%. And the daily volatility, the average range of rise and fall, during the same period is 3.69%.

The main shareholding group is Individuals As per the inquiry for shareholding by investor group, the major investor group is individuals with 79.09% from total outstanding shares. Institutions and foreigners each hold 10.78% and 10.11%. And as recent five-day shareholding change by investor group, individuals is the major investor group with 83.04%. Institutions hold 10.52% and foreigners hold 6.43%.

Cumulated shareholdings per investor group (1Mo) Total shareholdings per investor group

* Other Investor groups, included as "other corporations", are considered as "Individuals".

By HeRo (hero@heraldcorp.com)By HeRo (hero@heraldcorp.com)

This article is produced by the algorithm developed by the artificial intelligence developer ThinkPool in collaboration with Herald Corp