1. Synergy IB Invests 2.8 Billion Won in Clean Nara

On July 29, 2025, Synergy IB Investment Partnership acquired convertible bonds (CBs) of Clean Nara, securing a 7.22% stake. While stating the purpose as a simple investment, the market interprets this move as a sign of Clean Nara’s growth potential.

2. Improving Financial Health, But with Caveats

Clean Nara has shown an improving trend in financial soundness since 2022. Debt-to-equity ratio has decreased sharply, and current and quick ratios have steadily increased. However, after a slump in 2023 and a recovery in 2024, the lack of the latest financial data (2025) makes it difficult to determine the long-term trend.

3. Macroeconomic Environment: Uncertainties Remain

Uncertainties in the macroeconomic environment, such as fluctuations in raw material prices and exchange rates, and interest rate hikes, are important variables that can affect Clean Nara’s future performance. In particular, sensitivity analysis to raw material prices and exchange rate fluctuations is necessary.

4. Action Plan for Investors

  • • Check 2025 earnings announcement: Verify the growth trend through the latest financial data.
  • • Monitor macroeconomic variables: Keep an eye on fluctuations in raw material prices, exchange rates, and interest rates.
  • • Analyze Synergy IB’s investment strategy: Understanding the investment background and future strategy is crucial.

5. Conclusion: Positive Signals, But Proceed with Caution

Synergy IB’s investment is a positive sign for Clean Nara, but thorough analysis is required before making investment decisions. Minimize investment risks by securing the latest financial data and analyzing macroeconomic variables.