Tag: Major Shareholding

(002100) Kyeongnong (002100) Major Shareholding Report: A Deep Dive Analysis for Investors
The latest Kyeongnong Major Shareholding Report has sent a clear signal to the market, revealing a strategic increase in ownership by CEO Lee Yong-jin and associated parties. This move, which boosts their collective stake from 67.03% to 67.53%, is far more than a simple transaction. It represents a deliberate consolidation of management control and a powerful vote of confidence in the company’s future trajectory. For investors tracking agricultural stock investments, understanding the nuances of this development is crucial for assessing the long-term value of Kyeongnong (002100).

This comprehensive analysis will dissect the report’s details, explore Kyeongnong’s fundamental business strengths and weaknesses, and evaluate the potential impact on its stock price. We’ll delve into the company’s financial health, its ambitious smart farm initiatives, and provide a balanced outlook for current and prospective shareholders.

Breaking Down the Kyeongnong Major Shareholding Report

On September 30, 2025, Kyeongnong officially filed its ‘Major Shareholding Status Report’. This document is a critical piece of information for the market, offering transparency into the control structure of the company. The core details are as follows:
- •Primary Reporting Person: CEO Lee Yong-jin
- •Stated Purpose of Holding: To exert influence over management rights.
- •Total Shareholding Change: An increase of 0.50 percentage points, from 67.03% to 67.53%.
- •Method of Acquisition: On-market purchases totaling 107,316 shares by CEO Lee Yong-jin and related individuals.
- •Source: Official Disclosure (DART Report)
The explicit statement ‘influence over management rights’ is key. It broadcasts to investors that the leadership is not merely accumulating shares but is actively fortifying its control to steer the company’s long-term strategic vision with confidence.

Core Fundamentals: A Kyeongnong Stock Analysis

While the shareholding news is significant, it must be viewed in the context of the company’s underlying business operations and financial stability.

Business Portfolio: The Old Guard and the New Hope

Crop Protection & Fertilizers: These traditional segments are Kyeongnong’s cash cows, representing the vast majority of its revenue. Decades of experience and strong relationships with agricultural cooperatives (Nonghyup) provide a stable foundation. However, these markets face headwinds from raw material volatility, intense competition, and a market shift towards more eco-friendly solutions.

Smart Farm Business: This is Kyeongnong’s designated future growth engine. Positioned to capitalize on the booming global smart agriculture market and supportive government policies, this division holds immense potential. However, it is still in its nascent stages, facing challenges like high initial investment costs and dependency on imported technology. Its success is paramount to the long-term Kyeongnong stock analysis.

Financial Health & Shareholder Value

Kyeongnong exhibits remarkable financial stability. A very low debt-to-equity ratio (7.90%) and a high current ratio (441.35%) indicate a fortress-like balance sheet with minimal financial risk. This provides a solid platform from which to invest in growth areas like the smart farm business. Furthermore, a consistent policy of maintaining a dividend payout ratio above 30% demonstrates a strong commitment to shareholder returns, which is a positive sign for income-focused investors.

The insider buying detailed in the Kyeongnong Major Shareholding Report, combined with a robust balance sheet, suggests that management believes the company is undervalued and poised for strategic execution.

Investor Outlook: Opportunities and Risks

The consolidation of control by CEO Lee Yong-jin is a net positive, but investors must weigh the potential upside against inherent market and business risks.

Positive Catalysts to Watch
- •Increased Market Confidence: Insider buying is often interpreted as the most potent bullish signal, potentially attracting new investors and building stock price momentum.
- •Long-Term Strategic Focus: With solidified control, management can pursue long-term projects like the smart farm expansion without pressure from short-term market fluctuations.
- •Fundamental Improvement: Active investment from leadership often precedes or coincides with periods of operational improvement and growth.
Risks and Considerations
- •Reduced Liquidity: As more shares are concentrated in fewer hands, the ‘free float’ of available shares decreases, which can sometimes lead to lower trading volume and higher volatility.
- •Execution Risk: The success of the smart farm initiative is not guaranteed. Failure to achieve profitability in this key growth area could limit long-term stock appreciation.
- •Macroeconomic Headwinds: As a company with high import dependency for raw materials, Kyeongnong’s profitability remains sensitive to KRW/USD exchange rate fluctuations and global commodity prices, as noted by sources like Bloomberg’s market analysis.
Investor Action Plan

The Kyeongnong (002100) Major Shareholding Report should be viewed as a bullish long-term indicator. Management is putting its own capital on the line, signaling deep belief in the company’s value. However, prudent investment decisions require a holistic view. Investors should focus on the tangible progress of the smart farm business and monitor macroeconomic factors closely. Rather than reacting to short-term price movements, a focus on the company’s ability to execute its long-term growth strategy will be key. For more on this approach, see our guide to long-term investing.
09/30/2025
NewJeansOn Stock Plunges After KB Securities’ Major Shareholding Report: Truth and Investment Strategy
In July 2025, NewJeansOn’s stock experienced significant volatility following KB Securities’ announcement of a major shareholding. Despite KB Securities acquiring a 5.21% stake, the stock price saw a subsequent decline, raising questions in the market. What exactly was the impact of this report on NewJeansOn’s stock? What were the underlying reasons for the financial deterioration revealed in the 2024 audited financial statements? And what investment strategies should investors consider moving forward? This analysis aims to provide clear answers to all your queries. Read on to gain valuable insights for your NewJeansOn investments.
KB Securities’ Major Shareholding in NewJeansOn: What Happened on the Day?

On July 16, 2025, KB Securities reported a major shareholding of 5.21% in NewJeansOn. This stake was acquired through the purchase of newly listed shares and convertible bonds on July 9, with the stated purpose being simple investment. However, contrary to expectations, the stock price, which stood at 13,430 KRW just before the report, dropped to 12,710 KRW immediately after, surprising the market.

NewJeansOn’s Struggles: An Analysis of 2024 Fundamental Performance

Even before KB Securities’ announcement, NewJeansOn’s financial performance had been weak. The 2024 audited financial statements revealed a significant decline in operating and net income, despite an increase in revenue.
- Soaring Selling, General & Administrative (SG&A) Expenses: An increase in SG&A expenses to approximately 23.3 billion KRW severely impacted profitability. While potential reasons include changes in sales strategy or increased operational costs, specific causal factors require further investigation.
- Rising Financial Costs: The impact of a high-interest-rate environment led to a rise in financial costs by approximately 1.9 billion KRW, adding to the company’s burden.
- Adverse Macroeconomic Factors: The appreciation of the KRW/USD exchange rate and the rise in crude oil prices likely contributed to increased costs and reduced profitability for NewJeansOn, a company reliant on imported raw materials.
- Limited Impact of Business Restructuring: While business restructuring efforts, such as the liquidation of NewJeansOn Global Co., Ltd., were undertaken, their impact on current financial performance was limited.
- Deteriorating Profitability Ratios: The net profit margin plummeted to 3.09%, and the operating profit margin also dropped sharply to 2.36%. The Return on Equity (ROE) remained very low at 2.10%. The reduction in the debt-to-equity ratio was due to the conversion of preferred shares and is not directly linked to profitability improvements.
Analyzing the Link Between Stock Price and Macroeconomic Indicators

The post-announcement stock price decline is believed to be a stronger reflection of market concerns about NewJeansOn’s poor 2024 performance rather than the KB Securities report itself. During the reporting period, fluctuations in the KRW/USD exchange rate (between 1,356 and 1,387 KRW) and crude oil prices (between $60 and $74) could have negatively impacted NewJeansOn’s profitability, but it is difficult to pinpoint these as direct causes for the stock drop. Furthermore, the rise in US Treasury yields and benchmark interest rates in the US and Europe likely contributed to the increase in financial costs.

NewJeansOn’s Future: What Should Investors Do?

While KB Securities’ major shareholding announcement might have had a short-term negative impact on the stock price, its overall influence is expected to be limited. The fundamental reason for the stock price decline lies in NewJeansOn’s weakened fundamentals. KB Securities’ declaration of a simple investment purpose could be a positive factor, but without the company presenting a credible strategy for profitability improvement, a stock price recovery is unlikely.

Therefore, investors should pay close attention to the following:
- Demand for Detailed Analysis: A detailed analysis of the specific reasons behind the increase in SG&A expenses and financial costs is crucial.
- Profitability Improvement Strategy: Investors must carefully scrutinize any concrete strategies and execution plans for profitability improvement that NewJeansOn may present.
- Macroeconomic Impact Assessment: Analyzing the correlation between raw material price fluctuations and NewJeansOn’s profitability is also important.
- Long-Term Perspective: A long-term evaluation of the impact of the liquidation of NewJeansOn Global Co., Ltd., along with a comprehensive analysis of stock price movements in conjunction with financial statements, is necessary.
In conclusion, while KB Securities’ shareholding might be a short-term event, NewJeansOn’s sustained stock price growth hinges on the company’s fundamental improvements. To regain market trust, NewJeansOn must establish and transparently disclose clear and concrete strategies for profitability enhancement.
What is the significance of KB Securities’ major shareholding report in NewJeansOn?

It signifies that KB Securities has officially disclosed its holding of 5.21% of NewJeansOn’s shares. This typically indicates increased investor interest or a significant investor’s stake acquisition in the company.

Why did NewJeansOn’s stock price fall after the KB Securities report?

The primary reason is believed to be the market’s concerns arising from NewJeansOn’s poor 2024 financial performance (high SG&A, increased financial costs, deteriorating profitability ratios) revealed in its audited financial statements, which coincided with the KB Securities report, rather than the report itself.

What are the main reasons for NewJeansOn’s deteriorating financial performance?

According to the 2024 audited financial statements, key factors include high selling, general & administrative expenses, increased financial costs due to a high-interest-rate environment, and adverse macroeconomic conditions like a rising KRW/USD exchange rate and crude oil prices.

What is the outlook for NewJeansOn’s stock price going forward?

While KB Securities’ stated simple investment purpose could be positive, a stock price recovery is unlikely without fundamental improvements by the company. The announcement and execution of the company’s profitability improvement strategies will be crucial variables.

What should investors be cautious about when investing in NewJeansOn?

Investors should carefully analyze the detailed reasons for the increase in SG&A and financial costs, scrutinize the company’s specific strategies for profitability improvement, and assess the correlation with macroeconomic indicators before making investment decisions.
07/18/2025